casinos Archives

Former Partners Sues Las Vegas Sands For $12 Billion

June 14, 2021 Priya

Asian American Entertainment Corporation which is owned by Taiwanese business Marshall Hao sues Las Vegas sands with a fine of $12 billion in the Macau court. Hao in his complaint sought damages up to 70% of Sand’s Macau profits for 18 years from 2004 to 2022. The trial is set to start on 16th June. According to the lawsuit, Sands breached its contract with Hao’s company for a casino license in Macau as per the reports of Reuters. The allegations first came into notice in the year 2007, when Asian…

Hurricane Games Purchases In-House Capabilities Of Bolsters Stakelogic

June 14, 2021 Priya

Stakelogic has accomplished its second achievement in as many weeks. The Stakelogic has acquired iGaming content supplier purchasing Hurricane Games as a part of a sustained effort to grow and enforce their in-house development efficiencies. The acquisition of the Hurricane Games, which had been working side by side with Stakelogic via its Greenlogic development partner program which has been made to strengthen the group’s development capacity. The Hurricane Games will retain post-acquisition and the company will be given creative and technical freedom to design and develop games, while the company…

Veikkaus Declares €1,500 Loss Cap And ID Requirement For Retail Betting

June 9, 2021 Priya

Veikkaus, a Finnish betting and gambling operator, has announced that the operators have added identification requirements and a daily betting limit for retail wagering on final match results. The additions will be implemented from 10th June 2021. Gamblers who have placed any such bets at the points of sale will only have a daily €1,500 wagering limit. The operators have also introduced the ID requirement in order to pursue Veikkaus’s responsible gaming initiative, which has already been implemented for slot machines. Players who are willing to pursue retail betting must…

Las Vegas Casinos Celebrates July 4th, Declares “Vegas Is Back.”

June 8, 2021 Priya

The Clark County government recently declared “Vegas is Back,” on their Instagram page, announcing the list of seven casinos that will be included in the plan to celebrate Independence Day with the firework shows. Las Vegas is situated in Clark County and the largest strip casinos are outside the city limits, under the country’s sovereignty. The list of casinos participating in the July 4th show at 11 PM is Resorts World Las Vegas, The Strat, Treasure Island, Aria, Caesars Palace, The Venetian, and Planet Hollywood. The Strat is the only…

Genting Singapore and Melco Resorts Qualifies For Yokohama RFP

June 3, 2021 Priya

Yokohama has exclusively announced that two casino operators Genting Singapore and Melco Resorts and Entertainment are qualified to participate in the city’s Request For Proposal (RFP) event to their business plan to develop an integrated resort in the city. The qualified candidate’s name was released on Yokohama city’s official website. The site also revealed that Genting Singapore is generating a profitable deal with Japan’s Sega Sammy Holdings and Kajima Corporation in addition to their business proposal. Sega Sammy Holdings is considered one of the largest pachinko gameplay manufacturers in the…

Limited Gaming Operations Starts In Manila Casino Resorts

May 30, 2021 Priya

Manila casino resorts have resumed their limited gambling operations, according to the chief gaming operator in the Philippines. As per the confirmation provided by the Philippines Amusement and Gaming Corporation (PAGCOR), all four casino resorts situated in the capital city are once again back into business but in a limited capacity. Solaire, City of Dreams, Okada, and Resorts World, have reopened this month as per the government’s staycation program. The General Community Quarantine remains in Metro Manila, the casinos and resorts are allowed to open again. The restaurants available on…

Massachusetts: Casinos To Reopen As The Covid-19 Restrictions Ease

May 29, 2021 Priya

The state-imposed strict operating restriction last year due to the increased risk of Covid-19 will end soon, casinos of Massachusetts will soon be working freely. Massachusetts Gaming Commission (MGC) voted on Wednesday 26th May 2021 to ease the Covid-19 related restrictions for gaming establishments that were permitted when the three casinos, MGM Springfield, Plainridge Park, and Encore Boston Harbor, decided to reopen in July 2020. As per the Massachusetts Gaming Commission statement, “Starting Saturday, 29th May 2021 at 12:01 AM ET, patrons and employees who are vaccinated can freely walk…

Vietnam Government Put Hold On Domestic Gambling Program

May 27, 2021 Priya

Vietnamese casino operators have put up an appeal to the government in order to allow the local citizens to gamble in the casinos. The revenue of casinos is plummeting because of the restriction placed on the International borders. As part of the three-year pilot program initiated by the government of Vietnam, casino operators are only allowed to serve customers with a Vietnamese passport. Since there are strict restrictions on the international borders, the revenues of the casinos are declining. Vietnam’s government has made it mandatory to regulate casinos with a…

Play’n Go and Bet365 Receive Gambling License In Greece

May 27, 2021 Priya

Bet365 and Play’n Go have become one of the initial brands to receive operator licenses from the Hellenic Gaming Commission (EEEP) under the recent Greek regulatory rules. Bet365 partners with Betsson to receive an operating license in Greek after the Swedish company announced receiving approval for both betting and gambling services. Meanwhile, Play’n Go is the first and foremost supplier to receive the license under the new regulatory system. However, there are certain strict operating conditions under the new regulatory system that casino operators have to abide by to keep…

William Hill Launch In Columbia After Successful Acquisition of Alfabet

May 27, 2021 Priya

After a successful partnership with Alfabet in the late last year, the online gambling operator William Hill went live in Columbia. Willam Hill bought the majority of shareholdings for Alfabet in December and now BetAlfa.com has been rebranded as WilliamHill.co to establish the brand presence in Columbia.WilliamHill.co offers sports betting services to gamblers. The WilliamHill.com website will operate under the same license as Alfabet in the country which covers online gaming and sports betting. The successful launch marks William Hill’s presence in the Latin American iGaming market. Ulrik Bengtsson, Chief…

Arkansas Casino Revenue Boost Up Even After Fewer Bets

May 25, 2021 Priya

The combined revenue generated by Arkansas Casinos winds up way more in April when compared to the revenue generated in March. This boost in the revenue occurred even after a declination in the number of bets placed in each casino. Overall winnings from the three licensed casinos were calculated $2.4 million more in April than the combined gross revenue of these casinos in March. Arkansas Racing Commission released the figures. The casinos seem to have recovered from the extreme winter conditions in February, causing the revenue depreciation. March has been…

Louisiana Casinos Rises Into Powers As The State Recovers From Covid-19 And Weather Anguish

May 23, 2021 Priya

After a bad economic crash due to the pandemic and a month of adverse weather conditions, casinos in Louisiana saw an increment in the revenue from April. All the 13 riverboat casinos, four racinos, and one land-based casino in New Orleans won $235.8 million in April altogether. April’s revenue figure is 4.8% higher than the revenue generated in March, which was 225.2 million. The figures are based on the report published by the Louisiana Gaming Control Board last week. Revenue generated by the casinos in the New Orleans area was…

Ohio’s Casinos And Racinos Reported Another Monthly Revenue Milestone

May 21, 2021 Priya

While many casinos are still recovering from the pandemic phase, it seems to be raining for Ohio Casinos and racinos. 11 gaming ventures have shared their best monthly revenue for the two consecutive months that broke their pre-pandemic records. All the 11 gaming casinos revealed their Gross Gaming Revenue of $217.1 million in April 2021 that is $1.2 million higher than the monthly revenue of $215.8 million in March 2021. Ohio’s casinos and racinos have taken a massive comeback with the fantastic new monthly revenue records that have surpassed all…