The state and the tribe reached a deal in 2002 to pay a portion of their revenue from the casinos to the state and municipalities where they operate.
The Seneca Nation that runs three casinos in western New York said Wednesday it will stop paying a portion of its revenue to state and local governments, saying the agreement has expired.
The company said it remained on track to achieve cost synergies from its bwin merger by the end of this year.
GVC has raised its annual dividend and said it was reaping the benefits of its GBP 1.1B acquisition of rival bwin, even as the online gaming group incurs significant costs from the transaction.
Michigan Sen. Mike Kowall, R-Oakland County, who is sponsoring the legislation, told the 13 Watchdog team he is "cautiously optimistic" his proposal to legalize online casinos will get through the state's Senate and House of Representatives to Gov. Rick Snyder's desk.
The Iowa Lottery has extended its gaming systems contract with Scientific Games for two additional years, and its instant games contract for one additional year.
Representatives from the global casino enterprise Caesar's Entertainment outlined for the Riverboat Economic Development and Gaming Task Force the negative impact of a local smoking ban on its No. 1 Louisiana enterprise, Harrah's Casino & Hotel in downtown New Orleans.
Sad news for James Packer, as he slid down the Forbes Billionaires List this week to 660th place, with an estimated net worth of a measly AUD 3.9B.
With Turning Stone Online Casino, users can play more than 50 slot machines, table games, Keno and more.
A proposal to build a 90,000-square-foot casino at the north edge of Ukiah apparently is back on track as the Pinoleville Pomo Nation last month completed the purchase of a former car dealership on North State Street.
In an effort to continue to grow its international footprint and satisfy the increasing demand for innovative online gaming solutions, multi-game expert Amatic created Amanet, its interactive division. “Once online gaming providers integrate Amanet, the results speak for themselves,” Bauer-Engstberger said in conversation with Yogonet.
At its booth, the company will reveal its enchanting gaming world to the local audience, displaying slot, multiplayer and interactive solutions of latest generation.
An MGM Resorts International subsidiary has been selected to operate and help build a 2 million-square-foot nongaming resort on 26 acres on Dubai’s Jumeirah Beach.
Proponents of a USD 3B integrated casino resort on the Gold Coast of Australia have confirmed to local media that the ASF Consortium’s project could well be partially owned by the Chinese government.
A proposed set of regulations on UK bookmakers could be bad news for their bottom lines. That’s the warning Fitch Ratings, an international credit rating agency, issued in a recent statement.