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  • Northern Mariana Islands - US$ 3.14 billion Saipan Casino Deal Reached

    Northern Mariana Islands - US$ 3.14 billion Saipan Casino Deal Reached

    Single largest development in recent CNMI history

    A whopping $3.14 billion Saipan casino agreement between the Commonwealth Lottery Commission and Best Sunshine’s parent company Imperial Pacific International has been reached—the single largest development deal in recent CNMI history. This comes barely five months since the signing of a controversial gambling law that had already been amended twice and remains a subject of lawsuits.

    By Haidee V. Eugenio


    The
    ...
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  • Was trio gambling or cheating? $1.1 million at stake in lawsuit

    Was trio gambling or cheating? $1.1 million at stake in lawsuit

    Three suing Foxwoods for winnings, but casino says they ran card scam

    Three gamblers are suing Foxwoods Resort Casino in federal court, claiming the casino owes them more than $1.1 million they won playing mini-baccarat in December 2011, as well as $1.6 million they had deposited with the casino to cover any losses.

    Foxwoods has refused to pay because it believes the three cheated, according to the suit filed July 31 in U.S. District Court in New Haven.
    The plaintiffs
    ...
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  • TAHITI - Latest news about $3 billion Resort with Casino

    TAHITI - Latest news about $3 billion Resort with Casino

    Hawaii's Group 70 International wins contract for $3B Tahiti resort development

    Group 70 International, one of Hawaii’s largest architectural firms, has won a contract from the French Polynesian government for a $3 billion resort development project in Tahiti, beating out nearly 80 other international companies for the contract, the chairman of the Honolulu-based firm told PBN.

    Of the 77 companies that submitted its plans, three finalists were named, including Group 70
    ...
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  • $3.5 billion Baha Mar mega resort project set to open in stages from December

    $3.5 billion Baha Mar mega resort project set to open in stages from December

    Baha Mar Pushes ‘Full’ Opening To Late Spring






    As of Friday, August 1, 201



    By NEIL HARTNELL

    #Tribune Business Editor
    #nhartnell@tribunemedia.net
    #Baha Mar yesterday confirmed it has pushed its ‘Grand Opening’ back to “late Spring” 2015, with the $3.5 billion mega resort project set to open in stages from December 2014 onwards.
    #Robert Sands, Baha Mar’s senior vice-president...
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  • Vietnam's casino industry going forward - includes listings of all casinos operating at present.

    Vietnam's casino industry going forward - includes listings of all casinos operating at present.

    Vietnam's casino industry - details of the 7 casinos operating at present and news on others that may come..........

    Steve Hand Managing Director - Casino Suppliers Ltd

    Here is the latest news we got from some of the Vietnamese casino operators last month -

    The casinos of Vietnam as of August 2014

    • Lao Cai International Hotel (8 tables) – Lao Cai provincehttp://aristohotel.com.vn/ (Australia-based Donaco International has recently increased its...
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  • Gambling board grants Sun International licence relocation for Morula Sun Casino

    Gambling board grants Sun International licence relocation for Morula Sun Casino

    The Gauteng Gambling Board has granted the relocation of Sun International’s Morula Casino and Hotel gambling licence to Menlyn Maine, near Pretoria, the hotel group said on Thursday.

    Chief executive Graeme Stephens said the decision came after a prescribed public participation process in terms of the Gauteng Gambling Act.

    The transfer of the licence from Morula in Mabopane would enable the company to build a R3 billion urban entertainment centre at Menlyn Maine.
    ...
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  • Scientific Games to buy Bally in $3.3 billion slot-machine deal

    Scientific Games to buy Bally in $3.3 billion slot-machine deal

    WILMINGTON, Del. -- Scientific Games Corp. has agreed to acquire Bally Technologies Inc. for about $3.3 billion, excluding net debt, buying up a bigger rival as consolidation in the slot-machine industry accelerates.
    BY CECILE DAURAT - Bloomberg NewsAugust 1, 2014

    Scientific Games, controlled by billionaire Ronald Perelman, will pay $83.30 in cash per Bally common share, the companies said in a statement today, a premium of 38 percent over Bally's closing price Thursday....
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  • Cyprus expects to grant first casino resort licence within a year

    Cyprus expects to grant first casino resort licence within a year

    (Reuters) - Cyprus will grant its first licence for a casino resort within about a year, the government said on Friday, to be built in the south of the island where gambling has been strictly prohibited.

    Scores of Greek Cypriots regularly cross into northern Cyprus, a breakaway Turkish Cypriot state recognised only by Ankara and where there are several casinos.

    The ruling Conservatives see allowing gambling as vital for the tourism industry, creating jobs and attracting...
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  • USA - Iowa Gaming Commission: No new casinos for 3 years

    USA - Iowa Gaming Commission: No new casinos for 3 years


    (Photo: Benjamin Roberts / Iowa City Press-Citizen)



    JOHNSTON, Iowa (AP) — Members of the commission that oversees casino licenses in Iowa said Thursday they will not consider new license proposals for three years, but the panel stopped short of voting to impose a formal moratorium.

    DAVID PITT, Associated Press1:41 p.m. CDT July 31, 2014


    The commission's five members agreed that they want to see three new casino projects now in the works reach...
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  • Korean and Australian casino industry - The Chinese are coming

    Korean and Australian casino industry - The Chinese are coming

    Chinese Casino Investment


    Chinese Developers Eyeing Casino Sites in Korea, Australia



    seven luck casino.jpg

    Foreigner-only casinos, such as the Seven Luck Casino, are common in South Korea. Only non-Koreans can enter them.


    29 JULY 2014


    Chinese real estate developers are turning their eyes to casinos in Korea and Australia, amid the slump in the Chinese realty market.
    According to a recent report of
    ...
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