Las Vegas based Pinnacle Entertainment Inc announced that it would invest US$95 million in a hotel-casino project in Vietnam, which is expected to open in 2013. Pinnacle is the owner and operator of casino gaming resorts, also owns a racetrack in Cincinnati and is building a casino in Baton Rouge, Louisiana. The U.S. Company will [...]
Red Flush Online Casino game selection went over the 500 mark, thereby crossing another high point and providing players with an enormous variety of games to select from. The selection is persistently growing as more quality games make their way online and players at Red Flush Online Casino are now faced with more than 500 [...]
From a year earlier, gambling revenue in Macau rose 45% in April. Mainland Chinese visitors to the world’s largest gambling market helped push the results to a third straight monthly record. In China, Macau is the only place where casinos are legal. Despite local government policies to slow the booming industry and encourage a more [...]
First-quarter earnings for Macau casino operators Wynn Macau Ltd. and Galaxy Entertainment Group Ltd. were reported to be up sharply from a year earlier due to the continuing soar in the world’s largest gambling market. Controlled by the family of Hong Kong tycoon Lui Che Woo, Galaxy reiterated its preparations for a US$2 billion casino-resort [...]
Consolidated operating results for Herbst Gaming, LLC for the fiscal year ended December 31, 2010 was pronounced lately. LLC posted Net Income of $388.2 million for the year concluded December 31, 2010. The outcome of fresh start accounting adjustments and reorganization adjustments related to the Company’s emergence from Chapter 11 with an effective date of [...]
Asian casinos operator SJM Holdings Ltd (0880.HK) witnessed a jump of 160 percent in the final quarter of last year in the net profits. Thanks to additional growth in the world’s largest gaming market, Macau, the profit results beat the estimates. In the former Portuguese colony, SJM is the major operator. According to annual results, [...]
Ottawa City council will consider backing an application by the Rideau Carleton Raceway to introduce to add blackjack and other table games to its racing and slot machine offerings. Expanded gaming would allow Ottawa to compete with Gatineau’s Casino du Lac Leamy, Mayor Jim Watson said. Since the introduction of slot machines in 2000, and [...]
Lincoln Chafee, Rhode Island Governor said that he has no objection to the expansion of Twin River in Lincoln from a video slot parlor to a full-scale casino. Twin River’s owners presented a new economic impact study in a meeting, which was attended by Chafee. They claimed that up to 650 new jobs would be [...]
In a planned casino near La Center, the Cowlitz Tribe’s partners say legal challenges could take as long as a year and a half to resolve. In the casino, the Mohegan Tribal Gaming Authority has invested $40 million. In its quarterly earnings call, it has commented on the project. The project is about 15 miles [...]
Lawmakers in the Indiana House say that they will make a move that could give the legislation its best shot to exempt casinos from proposed statewide smoking ban to make it become a law. They believe that this would prevent the state from potentially losing millions of dollars in gambling taxes. A smoking ban would [...]
