Antigua inks casino deal with Chinese company
When finished, the Antiguan project would boast a casino, five-star hotels, 1,300 residential units, a conference center, a 27-hole golf course, a marina and a commercial/retail/sports facility. The project will be built on Antigua’s Guiana Island, the Crump Peninsula and a pair of smaller islands. The total 1,500-acre property is land formerly owned by disgraced financier/Ponzi schemer Allen Stanford, who is currently serving a 110-year prison sentence after being convicted on fraud charges in 2012.
The deal was signed on the same day that Antigua swore in a new Labor government led by Prime Minister Gaston Browne. Former prime minister Baldwin Spencer’s United Progressive Party had held power for the last decade until Antiguan voters decided last week that they felt like a change.
In announcing the deal, Browne said he had “promised the people that my administration would bring the type of investments” that would transform Antigua into “an economic powerhouse.” Attorney General Steadroy C.O. Benjamin said the project would boost local employment and help offset job losses that resulted from the 2009 collapse of Stanford’s business empire.
Putin approves creation of Russia's sixth gambling zone in the Altai region
Wilton Rancheria breaks ground on Sky River hotel resort development
DraftKings, Kalshi and Robinhood executives discuss prediction markets and regulation
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
Sportsbook integration: Deploying betting widgets at scale
Flows secures Pennsylvania Gaming Control Board authorisation
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Racing and Sports partners with Altenar to enhance global racing offering
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
