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More Hoops for Massachusetts Casino Hopefuls to Jump Through
January 21st, 2014 By April Bergman

More Hoops for Massachusetts Casino Hopefuls to Jump Through

The Massachusetts casino industry has had its share of headlines even before the first casino has broken ground. Now there are problems with a state casino law that may deter high rollers from ever visiting the state’s future casinos. Current Massachusetts tax law requires that table games be covered under state tax reporting and withholding […]

Genting Plans $4 Billion Investment in Resorts World Las Vegas
January 17th, 2014 By John Marsh

Genting Plans $4 Billion Investment in Resorts World Las Vegas

Malaysia’s leading corporation and Southeast Asia’s largest casino operator, Genting Group, has plans to invest as much as $4 billion on an unfinished resort in Las Vegas. The company bought the property from Boyd Gaming last year, and now plans to start construction to complete the project. Malaysian billionaire Lim Kok Thay, who controls Genting, […]

Malaysian Casino Giant Causes Stir in US
January 17th, 2014 By Stan McCormick

Malaysian Casino Giant Causes Stir in US

Miami was promised three years ago that they would see a major boost in economy when the Genting Group proposed a massive casino resort to be built on the old waterfront Miami Herald site, but there has been problems with the project coming in from many directions. Genting recently acquired a racetrack license that would […]

Florida Casino Expansion Opposition Group Produces Anti-Casino Documentary
January 17th, 2014 By April Bergman

Florida Casino Expansion Opposition Group Produces Anti-Casino Documentary

Legislators piled into a Tallahassee theater Wednesday to view a high-quality documentary movie, complete with talking points, put together by a group opposed to new Florida casinos. The film is called “Pushing Luck” and it seeks to expose the social and economic risks of casinos. The group responsible for the movie, No Casinos, is based […]

Kentucky Looks to Legalize Casinos
January 16th, 2014 By Stan McCormick

Kentucky Looks to Legalize Casinos

As Kentucky continues to lack revenue for areas like education, casino legalization is beginning to look more and more enticing. Kentucky casino supporters began making a case this week to lawmakers laying down the need for a fast way to generate new revenue and pointing out that casino gambling is the most obvious and beneficial […]

The Atlantic Club Officially Closes
January 14th, 2014 By John Marsh

The Atlantic Club Officially Closes

orThe Atlantic Club Casino Hotel shut its doors for good early yesterday morning due to the over saturation of casinos in the Northeast US. When once Atlantic City was the Las Vegas of the east coast and the go to spot for gambling in the east, it is no longer the only option for casino goers, […]

More on Macau and What is a Junket Operator?
January 10th, 2014 By April Bergman

More on Macau and What is a Junket Operator?

Despite Macau’s thriving success, raking in $45 billion last year, up 19% from 2012, there may be trouble coming in paradise. Hedge fund success stories Wynn Resorts and Las Vegas Sands continue to overshadow the number two global gambling hub, Las Vegas, which is showing only about $6 billion in revenues for last year. However, […]

Las Vegas Gaming Revenue One-Seventh of Macau’s
January 8th, 2014 By Stan McCormick

Las Vegas Gaming Revenue One-Seventh of Macau’s

The latest reports on Macau gaming revenue are in, and it’s painfully obvious for Vegas that Macau is by far the richest gambling hub, with a day’s worth of gambling revenue in Macau worth a week’s worth of gambling revenue on the Strip. With gambling revenue up a whopping 19% from last year, Macau has […]

Massachusetts Gaming Commission Recommends Wynn License
January 7th, 2014 By John Marsh

Massachusetts Gaming Commission Recommends Wynn License

It wouldn’t look too keen if the Massachusetts Gaming Commission denied another big-name casino brand from an operational license, so Wynn Resorts is now recommended to be found suitable to open a casino resort in the town of Everett. The commission released a report Monday, clearing the way for Wynn, though it’s not the only […]

Lowering the Lights on Atlantic City Part Two
January 5th, 2014 By April Bergman

Lowering the Lights on Atlantic City Part Two

What happened to the Atlantic Club? The small and antiquated Atlantic Club was one of Atlantic City’s weakest casinos, and it came down to its inability to pay property taxes because revenue had slowed so much. Steve Wynn built the property in 1980, which opened as the Golden Nugget. Thirty-three years later, the casino filed for […]

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