"We spend a lot of time working with the Government and local investors in Japan, we believe Ceasars is the best qualified resort operator," said Steve Tight, president of International Development for Caesars Entertainment.
After going through a restructuring process, the US-based casino operator said is currently working with the Government and local investors to enter the Japanese gambling industry.
It wasn’t all bad news. Rank Group’s digital brands posted a strong performance. Total revenue rose 15% and operating profit rose 63%. The company attributed the positive results to “good cost control”.
The casino and bingo operator has posted falling profits and revenues. Growth in its digital business wasn’t enough to offset a heavy decline at its retail venues.
Since opening in December 2014, Fertitta said the Golden Nugget has helped expand gambling revenue in the area.
CEO of Fertitta Entertainment Inc, Tilman Fertitta -who owns the Golden Nugget brand- asked local government officials to change the current gaming legislation to allow operators to compete on fair terms with tribal casinos.
Although casino shares of some of the largest industry operators fell due to political tensions between North Korea and the United States, the former Portuguese colony is still the main source of revenue for MGM Resorts, Las Vegas Sands and Wynn Resorts.
The digital betting platform plans to launch its USD 100M cryptocurrency sale nex month.
The Dutch gambling authority – Kansspelautoriteit – issued this week a cease and desist order to Catena Media, claiming that the marketing company had violated the country’s gaming regulations.
Table Trac’s CasinoTrac online management system has been approved by the Nevada Gaming Control Board’s Technology Division lab for group 1 and group 2 nonrestricted licensee casinos.
Despite not having set a launch date for the Irish Daily Fantasy Sports platform, the company said it expects to roll out services in the country later this year.
Moyer submitted his resignation this week and said he will leave his position at the end of the month.
Once again BetConstruct will exhibit at SAGSE Buenos Aires. “SAGSE gives us the opportunity to meet again with current partners, old friends and new prospects, “ said Anna Shahbazyan adding, "Latam is a market that is growing at an accelerated pace and with regulatory changes, growth will be exponential."
Featuring almost 20 sessions on subjects ranging from next-gen technology, government partnerships, economic investment to engaging multi-media millennials, the event will assemble representatives from government and industry operators.
In an effort to improve the guest experience and boost revenue, The Cosmopolitan of Las Vegas is spending more than USD 100M to upgrade its rooms, the company has confirmed.
