Budd Beaman and Straton Wilhelm Emerge as WPT500 Los Angeles Days 1E and 1F Chip Leaders

Posted by Costin Dinescu on 5:18 PM
Casino News Daily
Budd Beaman and Straton Wilhelm Emerge as WPT500 Los Angeles Days 1E and 1F Chip Leaders

The fifth and sixth starting flights of the WPT500 Los Angeles were completed on Monday at the host venue, the Bicycle Casino. Days 1E and 1F brought the field of the brand-new edition of the popular event to a total of 764 entries. And the survivors from these two starting flights will be able to join their fellow competitors from the previous few days to progress all together into Day 2 of the $570 buy-in tournament.

Day 1E kicked off at 11 am local time at the hosting casino. It drew a 105-strong field, but there were only five survivors left when organizers called it a day. Budd Beaman ended the day as the chip leader with a stack of 647,000. A look at the player’s Hendon Mob profile shows that he has a little over $8,200 in live tournament earnings, but if he keeps his momentum into the upcoming days of the WPT500 Los Angeles, he might change that and at a hefty payout to his bankroll.

Erik Nason with 574,000, Marc Robinson with 398,000, William Wolf with 292,000, and Ilya Shpiner with 190,000 were the other four players to make it through Day 1E. They will all return to the host venue on Sunday, August 26, for Day 2 action.

The Day 1F Survivors

Day 1F featured a Turbo structure. It kicked off at 5 pm at the host venue to create a field of 51 entries. There were just three players left at the end of that sixth starting flight. Straton Wilhelm was the player to bag and tag the largest chip stack of Day 1F with 522,000. The player finished the day with a considerable chip advantage over his two other fellow competitors. Abdulaziz Alaquil with 264,000 and Thuy Nguyen with 235,000 were the other two to bag for the night.

The WPT500 Los Angeles has attracted a total of 764 entries over the course of its first six starting flights and that original field has been reduced to just 39 hopefuls.

There are ten more starting flights set to be played within the tournament, two on each of the next five days through Sunday, when Day 2 will take place and survivors from all starting days will gather together for the very first time. Sunday action will involve the hopefuls reducing the field to the final nine. The official final table of the tournament will thus be played on Monday when a winner will be determined.

The event features a guaranteed prize pool of $1 million. The guarantee is yet to be crashed but there is still plenty of time for that to happen with the unlimited opportunities for an entry into the tournament.

The Day 1A chip leader Peter Hengsakul is actually holding the overall chip lead among the 39 remaining players. The player bagged and tagged 1.151 million at the end of his respective starting day to top the temporary chip counts chart with a significant advantage. The WPT 500 Los Angeles is not an unknown field for the poker professional. Last year, he finished third in the tournament for a monetary prize of $100,000.

The post Budd Beaman and Straton Wilhelm Emerge as WPT500 Los Angeles Days 1E and 1F Chip Leaders appeared first on Casino News Daily.

Ohio’s 2018 Sports Betting Launch Chances Plunge, Constitutional Amendment Eyed

Posted by Costin Dinescu on 11:18 AM
CasinoGamesPro.com
Ohio’s 2018 Sports Betting Launch Chances Plunge, Constitutional Amendment Eyed

Even though hopes were high for legal sports wagering in the state of Ohio and its greenlighting by the end of this year, the possibility of such move declines with every passing day. It was recently confirmed that Larry Obhof, President of the state Senate claims that the proposed bill legalizing betting on sports events […]

The post Ohio’s 2018 Sports Betting Launch Chances Plunge, Constitutional Amendment Eyed appeared first on CasinoGamesPro.com.

East Windsor casino takes shape

Posted by Costin Dinescu on 5:36 AM
Casino News – Focus Gaming News
East Windsor casino takes shape
East Windsor casino takes shape

The tribes behind the proposal said they plan a fall groundbreaking for the future casino.

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The Russian eSports Hype Is Real and Here to Stay

Posted by Costin Dinescu on 10:39 PM
Casino News Daily
The Russian eSports Hype Is Real and Here to Stay

Competitive video gaming has a long history of ups and downs in Russia. The ups involved the country’s eSports community growing tremendously in the number of its members and their accomplishments, while the hardships were predominantly caused by lack of sufficient funding, heavy bureaucracy, and censorship.

However, despite the challenges over the years, the country’s eSports industry now seems to be in a nice and comfortable position to expand further, and recent announcements about financial support from wealthy investors and recognition from Russian authorities represent developments in the right direction.

And as the Russian eSports industry is performing beautifully and is anticipating even better times, eSports betting is developing right alongside competitive video gaming in the country. In fact, this trend is not limited to Russia and can be easily spotted everywhere else in the world where eSports has taken off.

How has competitive video gaming developed in Russia and what will come next for what now clearly seems to be a lucrative market? Why have investors grown bullish on eSports? And what challenges betting operators are facing in their efforts to create a profitable eSports gambling market in Russia? These are some of the questions Casino News Daily’s team is looking to answer to in its latest industry report.

The Dawn of eSports in Russia

eSports in Russia can trace its roots back to the late 1990s. Competitive video gaming gained popularity in the country in a manner not that different from other parts of the world. Groups of friends would gather together to play until late into the night. Word would spread about a new exciting pastime until a full-blown industry would eventually be created. And what initially started as a tight community of players would develop into a behemoth network.

According to the latest edition of the Global eSports Market Report, produced earlier this year by Newzoo, the global eSports market was worth more than $650 million last year and is anticipated to grow 38% by the end of 2018 to over $900 million.

A separate study conducted by PayPal and gaming market research house SuperData showed that Europe’s eSports market was worth $301 million in 2016 and was expected to reach $346 million by the end of 2018. Sweden claimed the largest eSports revenue share in SuperData’s report with $40.8 million, while Russia trailed not far behind with $35.4 million.

However, the growth of the country’s eSports industry was preceded by a tumultuous period, during which the organization representing the Russian eSports community was struggling to secure the activity’s status as a rightful member of Russia’s list of officially recognized sports.

The Russian eSports Federation was originally established in March 2000 and was registered a year later. According to official information from the federation’s website it has organized more than 1,000 competitions, including hundreds of national tournaments, since its foundation. Competitive video gaming was included into Russia’s list of sports in the summer of 2001 and was officially recognized as such in 2004.

However, eSports was forced to leave the Russian Sport Register in late 2006. The lack of sufficient funding and support from government institutions as well as the heavy bureaucracy involving a sport’s recognition as such had taken their toll on competitive gaming, despite the rapid growth it enjoyed within the country’s gaming community.

It took some time before eSports was able to reassume its place in the register in 2016. And a year later, it cemented its spot there with its official entry into “the core part of the register” to become “equal” to the other recognized sports in Russia.

Russia’s eSports Industry Now

As mentioned above, eSports is a big industry in Russia and is showing a great potential for future growth and expansion. Recent developments from the country from the past several years have shown that the eSports hype is real and is here to stay.

While competitive gaming had somewhat struggled to gain proper financing in the past, it has now become a new favorite field for wealthy Russia businessmen. And wealthy Russian businessmen are well-known for their generosity when it comes to something they feel passionate about.

Earlier this year, Russian eSports giant ESForce was sold to Internet services company Mail.Ru for the reported amount of $100 million. Mail.Ru is a subsidiary of USM Holdings, a company led by Russian business magnate Alisher Usmanov. Mr. Usmanov is known to be the owner of a large stake in English Premier League club Arsenal FC and has been making the headlines for his reported close ties with Kremlin. The businessman has been backing financially ESForce since at least 2015, spotting the potential of a company that is now among the CIS eSports powerhouses.

Private investor Nikolai Belykh has also joined the club of wealthy Russians to have felt tempted by this relatively new but quickly growing field. News emerged earlier this year that the businessman has purchased a 25% stake in Winstrike for a reported price of $10 million. The company received the much needed financial backing as it was gearing up to extend its footprint across different jurisdictions and channels.

eSports Betting in Russia

With the popularity of eSports growing globally, another major trend has emerged in recent years and has showed that it was here to stay. As mentioned above, the global eSports market is expected to generate revenue of more than $900 million in 2018. And where there is huge money to be made, betting somehow always follows.

In other words, more and more players and viewers are ready to pour money into eSports betting, including the so-called “skin betting” and real-money wagering on the outcome of eSports events. Russia has not been slow to keep pace with that trend, as well. Being a nation where betting and gambling, as a whole, have long been extremely popular (sometimes as underground activities), eSports betting has found a place to grow.

According to different data reports, the size of Russia’s sports betting market ranges from between $900 million to $3.5 billion. Those figures include both licensed and unlicensed operations. It is also important to note that only betting on sports events is considered legal in the country and is the only activity for which interested operators can obtain license from local regulators.

While it is absolutely impossible to say how much Russia’s eSports betting is worth, it is important to point out that a number of major international betting companies are targeting Russian bettors with eSports offering, which generally bodes well for the market.

And skin betting, just as anywhere else in the world, has created a whole underground economy in the country with its quite controversial nature. Skin betting has actually appeared on regulators’ radar screen multiple times. Last year, Russia’s super-vigilant watchdog Roskomnadzor, which, among other things, is tasked with cracking down on anything representing unlicensed gambling, blocked a number of Russian-language websites facilitating the provision of skin betting services to local eSports players. The agency justified its actions by arguing that sites of this kind targeted underage players.

eSports betting, that is real-money betting on eSports, possibly has as much potential for growth in Russia as sports betting. However, it faces quite the same challenges. In the first place, the proper advertising of betting services in the country is a major hurdle as there are very tight regulations on how and what can be advertised.

In addition, it can be said that Twitch has probably been one of the biggest channels for the popularization of eSports and betting on eSports in Russia. According to some reports, the country represents the popular streaming service’s second largest market in terms of viewership. However, regulators recently targeted Twitch in their attempts to crack down on services hosted by Amazon and Telegram, which was in turn part of a clampdown on services that were reportedly running anti-government messages. Russia-based Twitch users were thus unpleasantly surprised with the realization that they could not access the streaming platform.

eSports as well as betting on eSports are two lucrative markets that bring investors (and a whole new class of them) into the field. And it is clear that Russia’s eSports market is huge and ready to boom in the years to come. While the local industry might have cleared the financial backing hurdle as it has been drawing major investors, all of them bullish on its success, regulation and censorship are two of the big challenges that are here to attempt to hamper its future growth.

The post The Russian eSports Hype Is Real and Here to Stay appeared first on Casino News Daily.

Silver Bullet partner program -- RELAX GAMING

Posted by Costin Dinescu on 5:15 PM
eGaming
Silver Bullet partner program -- RELAX GAMING

Relax Gaming launched its new generation Silver Bullet partner program.

Come Thursday Pioneer Hotel and Gambling Hall Could Finally Receive Gaming License

Posted by Costin Dinescu on 10:54 AM
CasinoGamesPro.com
Come Thursday Pioneer Hotel and Gambling Hall Could Finally Receive Gaming License

This week is set to bring a game-changing decision to the state of Nevada as one developer would apply for a non-restricted gaming license in front of the authorities. Pioneer Hotel and Gambling Hall located in Laughlin has announced its plans to apply for gaming permit before the Nevada Gaming Commission this Thursday and potentially […]

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Nebraska group pushes for casinos

Posted by Costin Dinescu on 5:33 AM
Casino News – Focus Gaming News
Nebraska group pushes for casinos
Nebraska group pushes for casinos

The Nebraskan group seeks to place a proposal to legalise casinos on the 2020 ballot.

The post Nebraska group pushes for casinos appeared first on Focus Gaming News.

Peter Hengsakul Leads after WPT500 Los Angeles Days 1A and 1B

Posted by Costin Dinescu on 5:24 AM
Casino News Daily
Peter Hengsakul Leads after WPT500 Los Angeles Days 1A and 1B

The WPT500 Los Angeles kicked off Saturday at the host venue, The Bicycle Casino, with two starting flights. As many as 331 entries registered into the $570 buy-in tournament during Days 1A and 1B, but only 17 of them will progress into Day 2.

The event features a total of fourteen starting flights, running all the way through August 25, so there is still a plethora of opportunities for interested players to enter it for a chance at the title and the lion’s share of the prize pool. But without much further ado, here is how action unfolded during the two starting flights.

Day 1A action kicked off at 11:30 am local time at the host casino. As many as 251 players entered through that first starting flight, but there were just 13 of them left at the tables of The Bicycle when organizers called it a day. Play was stopped with 24:51 remaining in Level 21.

Peter Hengsakul bagged the largest chip stack at the end of Day 1A. The player put a total of 1.151 million in his bag. Hengsakul has a massive chip lead over his fellow Day 1A survivors, with Robert Zeidman standing nearest to him in the leaderboard with 620,000. It is interesting to note that Hengsakul finished third in the previous edition of the WPT500 Los Angeles, which took place in May 2017. The player collected $100,000 for his deep run in that event.

Day 1B Action

The Day 1B (Turbo) starting flight kicked off at 5 pm at the host venue. It attracted 80 entrants, but only four of them survived to the very end of the ordeal. Peter Neff ended play as the chip leader with 714,000. This means that Hengsakul is the overnight chip leader of the first two starting flights of the tournament and will be heading the remaining 17 players into Day 2 next Sunday.

Day 1B concluded with 18:09 remaining in Level 22, blinds standing at 8,000-16,000. After all starting flights are completed and Day 2 begins, the blinds are set to be rocked back to the earliest finish of all fourteen Day 1s.

WPT500 action is set to resume at 11:30 am today at The Bicycle for Day 1C. Day 1D is scheduled to begin at 5 pm local time. Unlimited re-entries into the tournament are allowed until registration closes before the start of Level 9. Day 2 of the tournament will take place on Sunday, August 26. The remaining survivors will play down to the final 9 who will return on Monday to determine the winner.

The previous edition of the WPT500 Los Angeles was hosted by The Gardens Casino in the spring of 2017. The tournament was entered by 3,266 participants, who generated a prize pool of over $1.6 million. The top 263 finishers received a share of the money, min-cashes starting from $1,300. Poker pro Dong Le took down the event to collect a first-place prize of $224,500.

The post Peter Hengsakul Leads after WPT500 Los Angeles Days 1A and 1B appeared first on Casino News Daily.

Vittorio Faricelli Wins Opening Event at WSOP Circuit Foxwoods

Posted by Costin Dinescu on 4:45 AM
Casino News Daily
Vittorio Faricelli Wins Opening Event at WSOP Circuit Foxwoods

The second stop on the 2018/2019 WSOP Circuit schedule is now in full swing, with Foxwoods Resort Casino in Mashantucket, Connecticut currently playing host to the popular series. And a first gold ring has already been awarded to its rightful winner as part of the ongoing poker festival.

Vittorio Faricelli, a real estate broker from Brooklyn, New York, won last night his first piece of WSOP Circuit paraphernalia after a near-miss in Atlantic City earlier this year. The player took down the opening $400 No-Limit Hold’em at Foxwoods after two days of poker action.

The tournament drew a field of 113 entries who created a prize pool of $37,290. The top 12 finishers were treated to a share of the prize pool, with min-cashes starting from $779. Each of the nine final tablists was guaranteed a minimum payout of $963. As for the winner, he collected $11,187 to accompany his gold ring.

This was Faricelli’s fifth cash from the WSOP Circuit and seventh from a WSOP-branded event. Earlier this summer, the player finished in the money in the $1,111 Little One for ONE DROP for $1,593 and The Closer $1,500 No-Limit Hold’em for $4,021.

As mentioned above, the latest WSOP Circuit gold ring winner nearly claimed the piece earlier this year. Faricelli reached heads-up against Joshua Clanton in a $365 No-Limit Hold’em event at Harrah’s Atlantic City, but eventually placed second.

Event Highlights

The opening $400 No-Limit Hold’em at Foxwoods turned out to be Faricelli’s lucky one. The tournament was played over two days. The second day of action saw just three players return to battle it out for the first-place prize and the gold ring.

The eventual champion was holding the chip lead with 774,000 at the time cards were thrown in the air for Day 2 action. Lowell Kim held the second largest stack with 641,000, and James Campbell was the short stack with just under 300,000.

The event’s second day was a relatively short one. Campbell busted in third place for $4,922 and left it to Faricelli and Kim to square off for the gold ring. Faricelli was leading at the beginning of heads-up, but Kim managed to double up early into the match. However, the eventual champion rapidly gained pace to extend his advantage significantly until the final hand was dealt.

The two players got it all in with Faricelli tabling [Ac][6c] to Kim’s [10d][9d]. Faricelli’s ace-high kept him comfortable all the way through the river when he scored a straight for extra advantage. Kim was thus eliminated in second place for a payout of $6,914.

Commenting on his triumph last night, Faricelli said that his general positive attitude has helped him a lot in difficult situations on and off the poker felt. The player said that lately he has been running great not just in poker but in life as a whole. Faricelli recently wed his partner Pamela and is having his best life as a newlywed.

The post Vittorio Faricelli Wins Opening Event at WSOP Circuit Foxwoods appeared first on Casino News Daily.

Resorts Casino Hotel launches sportsbook

Posted by Costin Dinescu on 11:03 PM
Casino News – Focus Gaming News
Resorts Casino Hotel launches sportsbook
Resorts Casino Hotel launches sportsbook

The Atlantic City facility has launched its own sportsbook this week, ready to compete with other giants in the state.

The post Resorts Casino Hotel launches sportsbook appeared first on Focus Gaming News.

Mystery Prize Gaming Machines Now Deemed Illegal Gambling in Singapore

Posted by Costin Dinescu on 4:48 PM
Casino News Daily
Mystery Prize Gaming Machines Now Deemed Illegal Gambling in Singapore

Mystery prize vending machines are now illegal in Singapore, according to an announcement made by local police cited by news outlet the Straits Times. A ban on the machines is being rolled out as their number has grown tremendously over the past year and at least four operators of such devices have been found to have set up business in shopping malls, retail stores, and arcades across the city-state.

Generally speaking, the machines in question dispense random non-monetary prizes upon receiving a cash payment by players. They usually charge between S$5 and S$10. The “mystery box” prizes they dispense are usually of low value, but operators of the machines often promote them as ones that offer customers the chance to win big prize such as gaming consoles and smartphones.

According to a Thursday statement by the local police, the devices represented a form of public lottery and were therefore breaching provisions of the Common Gaming Houses Act. The statement further read that operators of such vending machines were advised to cease their operations. Under Singapore’s gambling laws, violators of its provisions face prison time of up to five years and fines of between S$20,000 and S$200,000.

The machines originally gained popularity in Japan, Malaysia, and Taiwan, but have quickly taken off across Singapore over the past year, the Straits Times reports.

Claw Machines Not Gambling

Police clarified that unlike “mystery box” machines, those at arcades that allow customers to grab a prize with a claw in exchange for a certain fee, are not considered illegal gambling. The reason was that players can easily see the prizes they are paying and playing for.

When asked whether other forms of mystery boxes, including ones offered on e-commerce platforms, should be deemed gambling, authorities said that it is up to the public to seek legal advice on matters of this nature.

Commenting on whether mystery prize vending machines posed a threat to players, addiction specialist Thomas Lee told the Straits Times that he did not think the risks of addiction were that big. He went on to say that the only real danger is that children can get hooked up and spend money on them.

According to the expert, the idea behind gambling is that people wager on a random outcome, on something they do not have control over, and that it does not really matter whether there is something at the end or not, as it is still gambling.

The Straits Times further reports that mystery prize vending machines across a number of shopping malls, arcades, and stores have been removed overnight, following the Thursday statement from the police. However, there were still several facilities that featured the devices, with their owners claiming they did not know that those were now illegal.

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Nebraska Horse Racecourses Go Full Throttle toward Gambling, Live Racing Wagering

Posted by Costin Dinescu on 10:54 AM
CasinoGamesPro.com
Nebraska Horse Racecourses Go Full Throttle toward Gambling, Live Racing Wagering

In two year’s time a gaming expansion might be seen at racetracks located in cities across Nebraska state thanks to the newly established arrangement between Nebraska Horsemen’s Benevolent and Protective Association and Ho-Chunk Inc. Starting next year signatures would have to be collected in support of casino gaming and horse races betting introduction to race […]

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India Gambling Crackdown Nabs More than 70 Individuals in Mumbai, Thane Dens

Posted by Costin Dinescu on 5:09 AM
CasinoGamesPro.com
India Gambling Crackdown Nabs More than 70 Individuals in Mumbai, Thane Dens

India has been working towards providing its gambling field with control and some level of regulation which has been giving results in the past weeks, especially following the crackdown in progress. The regions of Mumbai, as well as Thane witnessed two raids on gaming dens which led to the arrest of more than 70 people […]

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The Star to bring IR to Sydney

Posted by Costin Dinescu on 10:39 PM
Casino News – Focus Gaming News
The Star to bring IR to Sydney
The Star to bring IR to Sydney

The Star Entertainment Group filed an application to develop a US$500 million Ritz-Carlton hotel in Sydney.

The post The Star to bring IR to Sydney appeared first on Focus Gaming News.

New Jersey Sports Betting Venues Pile Up $57.1M over Two-Month Operation

Posted by Costin Dinescu on 4:51 PM
CasinoGamesPro.com
New Jersey Sports Betting Venues Pile Up $57.1M over Two-Month Operation

New Jersey predicted it and is now reaping the benefits from sports wagering legalization as it is able to provide excellent rates of revenue for the developers exploring the field. Over the span of one month, Meadowlands Racetrack managed to witness a significant revenue generated, bringing a fair share of $75,415 per day of operation. […]

The post New Jersey Sports Betting Venues Pile Up $57.1M over Two-Month Operation appeared first on CasinoGamesPro.com.

Jeju Shinhwa World Casino Thrives Despite Chinese Boycott

Posted by Costin Dinescu on 11:30 AM
Casino News Daily
Jeju Shinhwa World Casino Thrives Despite Chinese Boycott

The Jeju Shinhwa World integrated resort located on South Korea’s Jeju Island has raked in KRW369.4 billion (approximately $327.7 million) in revenue since its grand opening in February, local news outlets report. The property features one of the island’s nine casinos as well as a number of non-gambling options.

The reported figure places Jeju Shinhwa World well ahead of its local rivals. According to official data, Jeju Island’s other eight casinos generated the total amount of KRW136.5 billion during the same reviewed period. In addition, the Jeju Shinhwa World resort took in around five times more than South Korea’s biggest casino, Paradise City located in Incheon.

The Jeju Island-based resort was developed and is operated by Hong Kong-based real estate developer Landing International Development. The company commenced construction on what turned out to be a KRW2-trillion mega-scheme in 2014 and began opening the property in phases from April 2017. Aside from a gaming floor, the resort also features a hotel, a convention center, retail space, theme and water parks, a concert hall, and multiple food and beverage facilities.

Jeju Shinhwa World welcomed some 350,000 international visitors since it launched and around 115,000 played at its casinos, the resort has revealed.

Jeju Shinhwa World Shines amid Rivals’ Struggles

The Jeju Island has long been a popular hub for Chinese tourists. However, the island was among the places around South Korea to be hit the hardest last year by the economic cost of China’s unofficial but wide-ranging boycott of South Korean goods.

Among other things, Beijing banned group tours to Korea which saw the number of Mainland China visits to Jeju fall steeply. As a result, the island’s casinos, which relied heavily on Chinese VIP customers, experienced sharp declines in their gaming revenues.

Jeju Shinhwa World, on the other hand, appeared to have adopted a different model that eventually helped it mitigate the consequences of China’s ire. Instead of relying solely on Chinese customers, the resort stepped up its efforts to attract visitors from other countries in the Asia-Pacific region.

Serena Eng, Vice President of Marketing at the casino, said that they assembled teams that had to draw and cater to VIP guests from Japan, Hong Kong, Macau, and Taiwan and hired more staff that spoke Cantonese and Taiwanese Mandarin instead of relying solely on Beijing-style Mandarin-speaking staff members. That helped Jeju Shinhwa World reduce the proportion of its guests from China to just 50%, compared to up to 90% at other resorts across the Asia-Pacific region.

In addition, the resort’s casino paid special attention to VIP marketing as it derived 80% of its revenue namely from high roller players. The gaming floor at Jeju Shinhwa World currently features 165 gaming tables and half of these are dedicated to VIP players. In comparison, other resorts across the Jeju Island use just about 15% of their tables for high roller gaming action.

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Displeased Players Claim Refunds amid Talking Stick Resort Damage Control Closure

Posted by Costin Dinescu on 5:09 AM
CasinoGamesPro.com
Displeased Players Claim Refunds amid Talking Stick Resort Damage Control Closure

Nature is often unpredictable and it can cause quite the damage with its self-willed essence. This has been the case with the most recent monsoon storm significantly damaging Scottsdale’s Talking Stick Resort and Casino which brought power outage, flooding on the ground floor of the building, as well as many people having their plans impacted […]

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Talking Stick social casino platform -- CASINO ARIZONA

Posted by Costin Dinescu on 10:45 PM
eGaming
Talking Stick social casino platform -- CASINO ARIZONA

Casino Arizona recently launched its "Talking Stick" brand casino app. 

Wakayama reveals local results

Posted by Costin Dinescu on 5:30 PM
Casino News – Focus Gaming News
Wakayama reveals local results
Wakayama reveals local results

Wakayama reported negative results addressing the tourism industry.

The post Wakayama reveals local results appeared first on Focus Gaming News.

MGM Springfield Denied Request for Animated Parking Garage Sign

Posted by Costin Dinescu on 11:12 AM
Casino News Daily
MGM Springfield Denied Request for Animated Parking Garage Sign

MGM Springfield’s request for an animated parking garage sign was denied by the Massachusetts Gaming Commission during a Tuesday meeting. Gaming commissioners voted 5-0 against the use of animations citing public safety and distracted driving concerns, local news outlet MassLive reported.

The parking garage sign will instead have rotating static images that will change every eight seconds. Gaming Commission spokeswoman Elaine Driscoll said that commissioners agreed to reconsider the issue after three months.

The announcement comes less than ten days before MGM Springfield’s grand opening on August 24. The property, developed and operated by Las Vegas gaming and hospitality giant MGM Resorts International, will be Massachusetts’ first commercial resort with a casino floor.

MGM Springfield lodged its request for an animated sign back in March. The casino told state gaming regulators at the time that its third-party consultant, Watertown-based VHB, had assured it after evaluating multiple studies that there had not been a “statistically significant correlation” between “outdoor electronic signs and driver safety”.

It was last week when the casino resort had its sign installed and lit up on the seven-story parking garage, just below its marquee. It now features a message that reads “We’re ready to roar” referring to the upcoming opening of the property and to MGM’s signature Leo the Lion mascot. MGM Springfield had its version of the emblematic lion put up last week.

The hotel and casino resort occupies several blocks in the downtown-South End area of the city of Springfield. MGM invested $960 million in what would be Massachusetts’ first commercial casino. Aside from a gaming floor with table games and slot machines, the property will also feature a six-story hotel, multiple food and beverage and entertainment facilities, and a parking garage, which MGM announced recently will be free for visitors and guests of the resort.

No Smoking

MGM Springfield officials confirmed earlier this week that smoking will not be allowed on the casino floor. The property will thus become one of nearly 800 casinos across the nation that are smoke-free.

Under the Massachusetts’ gambling regulations, all gaming venues operating on the territory of the state must be smoke-free. The Plainridge Park Casino gaming hall, which opened doors in Plainville in the summer of 2015, does not allow smoking on its gaming floor under the same requirements. The Encore Boston Harbor integrated resort currently under development in the Greater Boston area will, too, prohibit smoking at its casino.

MGM said that its Springfield resort will feature outdoor areas that will be designated for smoking. The operator pointed out that while regional competition, driving distance, weather conditions, and socioeconomic factors might impact the performance of a casino quite negatively, smoking status was not a factor that they are concerned by.

The post MGM Springfield Denied Request for Animated Parking Garage Sign appeared first on Casino News Daily.

Mechoopda Indian Tribe Secures Casino Construction after 16-Year Legal Battle

Posted by Costin Dinescu on 5:30 AM
CasinoGamesPro.com
Mechoopda Indian Tribe Secures Casino Construction after 16-Year Legal Battle

Tribal gambling in the state of California is booming and this could be easily seen by the most recent development related to a long-winded Indian casino drama involving Mechoopda Indian Tribe of the Chico Rancheria and the state. The good news confirms that the tribal casino developer would finally have the permission to built its […]

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Galaxy delays phase three of Macau casino

Posted by Costin Dinescu on 11:00 PM
Casino News – Focus Gaming News
Galaxy delays phase three of Macau casino
Galaxy delays phase three of Macau casino

The company has pushed back the opening date of the third phase of its Cotai facility.

The post Galaxy delays phase three of Macau casino appeared first on Focus Gaming News.

Ondrej Lon Prevails at King’s Casino partypoker Grand Prix Germany for €84,686

Posted by Costin Dinescu on 5:00 PM
CasinoGamesPro.com
Ondrej Lon Prevails at King’s Casino partypoker Grand Prix Germany for €84,686

In the poker world, there is one brand that manages to attract the attention of all enthusiasts with every tournament it introduces. Its latest one took place in the well-known and beloved King’s Casino in Rozvadov, the Czech Republic which is one of the hotspots when it comes to poker in Europe. Grand Prix Germany […]

The post Ondrej Lon Prevails at King’s Casino partypoker Grand Prix Germany for €84,686 appeared first on CasinoGamesPro.com.

Wendover Resorts chooses Scientific Games technology solutions

Posted by Costin Dinescu on 11:06 AM
eGaming
Wendover Resorts chooses Scientific Games technology solutions

Scientific Games Corporation recently announced that the company will install a comprehensive package of casino management system products and solutions, as well as slot games and table products at The Wendover Nugget Hotel and Casino and Red Garter Hotel and Casino.

Spain’s OHL Increases Stake in €500-Million Madrid Development Project Half-Owned by PokerStars Founder

Posted by Costin Dinescu on 4:48 AM
Casino News Daily
Spain’s OHL Increases Stake in €500-Million Madrid Development Project Half-Owned by PokerStars Founder

Construction company OHL Desarrollos has purchased a 32.5% stake in the Centro Canalejas Madrid development from Gruopo Villar Mir to increase its holding in the project to 50%. PokerStars founder Mark Scheinberg owns the other half of the ambitious plan, which was originally kicked off in 2014 and was faced with a myriad of challenges that prevented its earlier completion.

The complex, which will feature hotel and residential areas as well as retail space and multiple food and beverage outlets, is now slated for late 2019 opening. It is being developed next to the Puerta del Sol square in Madrid and includes buildings formerly occupied by the Banco Santander.

In a Monday filing to Spain’s National Securities Market Commission (Comisión Nacional del Mercado de Valores), OHL said that it would pay €50 million for the 32.5% stake in the development with an option for an additional €10-million payment in the event of gains if it sells its stake subsequently.

Excluding the newly added holding, OHL originally owned 17.5% in the scheme. The acquisition marks Villar Mir’s official exit from the project and provides OHL with a 50% stake, the other 50% being owned by Mr. Scheinberg, who joined the project last February through his company Mohari Limited.

More about the Project

Grupo Villar Mir and OHL bought the land where the complex is currently being developed back in 2012 from its former occupant Banco Santander. The property was set for an earlier launch, but legal and other challenges prevented that from happening.

Development work commenced in 2014 and the complex is now expected to open doors in late 2019. It will feature a 200-room Four Seasons-operated hotel, which will mark the Canadian chain’s entry into the Spanish hospitality market, a residential area, which will, too, be operated by Four Seasons.

The property is expected to create 4,800 direct and indirect jobs and has been touted as one aiming to bring revitalization to the area and protect the historic and cultural heritage of the buildings it will include. In fact, the risks the project might pose to the integrity of the area has been one of the main reasons why it has been contested heavily by a number of heritage defense groups.

Mr. Scheinberg, who together with his father, Isai, founded PokerStars in the 2000s and then sold it to Canada’s Amaya for nearly $5 billion, entered the Centro Canalejas Madrid scheme in February 2017. The businessman, whose net worth is estimated at $4.8 billion (Forbes: Real Time Net Worth), paid €225 million for a 50% stake in the endeavor. The deal marks his first foray into the Spanish real estate market, which seems to be gradually returning its mojo after the 2008 property bubble burst that saw property prices collapse overnight and shatter Spain’s economy like a massive earthquake.

The post Spain’s OHL Increases Stake in €500-Million Madrid Development Project Half-Owned by PokerStars Founder appeared first on Casino News Daily.

SLS Las Vegas adds sports betting tournament

Posted by Costin Dinescu on 10:39 PM
Casino News – Focus Gaming News
SLS Las Vegas adds sports betting tournament
SLS Las Vegas adds sports betting tournament

This football season will be boosted by SLS Las Vegas Hotel & Casino tournament.

The post SLS Las Vegas adds sports betting tournament appeared first on Focus Gaming News.

Melbourne Poker Championships Closes Down with NLHE Shot Clock Teams Event

Posted by Costin Dinescu on 5:00 PM
CasinoGamesPro.com
Melbourne Poker Championships Closes Down with NLHE Shot Clock Teams Event

One of the heated poker festivals which recently came to its end was Melbourne Poker Championship which transformed Crown Melbourne into Australia’s hotspot. The last of 13 events available on offer was the riveting No-Limit Hold’em Shot Cock Teams tournament which provided Shawn Mahiuyddin and Kim Au’s team with the premium first place prize granting […]

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Why Has Sweden’s Gambling Market Re-Regulation Created Such a Big Buzz?

Posted by Costin Dinescu on 11:00 AM
Casino News Daily
Why Has Sweden’s Gambling Market Re-Regulation Created Such a Big Buzz?

The recent participation of Casino News Daily team members in several iGaming conferences has, among other things, confirmed what we all expected – Sweden and the re-regulation of its gambling market has indeed created quite some buzz in the field.

Lotteriinspektionen, the Swedish Gambling Authority, launched the application process for gambling companies interested in operating in the country under its new gambling law on August 1. According to various sources, the regulatory body accepted 22 license applications on the very first day. Around 27 companies are believed to have applied for a license so far, and Swedish authorities expect around 70 applications ahead of the January1, 2019 opening of the market.

Sweden’s state-run Svenska Spel as well as major gambling companies originating from the country but operating from Malta, including Betsson, LeoVegas, and Kindred Group, were among the early birds of the ongoing application process. And while a number of companies are looking to join the Scandinavian nation’s gambling space as early as possible, others have told members of our editorial team that they would approach the newly regulated market a bit more cautiously and wait until after the actual re-regulation takes place.

It is believed that Sweden could rapidly turn into one of Europe’s largest regulated jurisdictions in terms of revenue generated once its new regulatory regime takes effect. According to official data by Lotteriinspektionen, the regulated portion of Sweden’s gambling market, which is controlled by state-run operators, generated revenue of SEK17.07 billion ($1.8 billion) in 2017, while unregulated operators servicing local players generated SEK5.534 billion ($607.97 million).

Here it is important to note that the size of the country’s gray market cannot be estimated accurately and that it is probably much larger than what has been stated in Lotteriinspektionen’s latest annual report. Nevertheless, the figures reported certainly create optimistic visions of the future of Sweden’s re-regulated gambling market. And it is a matter of a very short time until the industry sees whether these visions will become reality.

Potential of the Swedish Gambling Market

Online gambling has been a popular activity across the Scandinavian Peninsula, Sweden included, since its not-so-distant dawn. The widespread tech-savviness of the Swedish population and the high Internet and mobile penetration rates have helped the online gambling industry as well as other digital developments keep and grow their footprint in the country.

In other words, Sweden has always been in a pole position when adopting and assimilating digital infrastructure, and this is why it is believed that the re-regulation of its gambling market and its opening to international operators that will bring further innovation, but in a regulated environment, is a step in the right direction, and a step that would provide for a further growth of the market.

The way a market is regulated defines the way it will develop in future. It can be said that, with very few exceptions, the provisions comprising Sweden’s new gambling law seem to be quite reasonable ones, not that likely to prevent the re-regulation’s success. For instance, Swedish lawmakers have introduced an 18% tax rate on gross gambling revenue, which given the anticipated size of the market and the wagering volumes operators expect from Sweden, could be described as a reasonable rate. It is a bit higher than UK’s 15% point-of-consumption tax, but it is lower than Denmark’s 20% tax.

eSports Betting – an Anticipated Success Story

With gambling companies looking for ways to attract younger generations of customers to their products, eSports and eSports betting are gradually becoming a popular option for drawing clientèle.

According to multiple online gambling companies, eSports could be one of the big success stories of the upcoming re-regulation of Sweden’s online gambling market. The world of eSports seems to be booming right now and a recent report by Paypal and Superdata shows that Sweden is Europe’s second biggest eSports market, only topped by Russia.

The publication notes that the Swedish eSports market is worth $31 million based on tickets and other products sales as well as sponsorships and brand popularization activities. In comparison, Russia’s eSports market is estimated to around $38 million.

A separate report by Kindred Group claims that Sweden has more professional eSport players than any other country. In addition, the country was allocated a particularly large portion of overall eSports winnings in 2016. And Paypal and Superdata believe that the Swedish eSports market will continue growing beyond 2019 when the European market is expected to reach its peak in terms of audience and players.

Data from the above reports presents a really nice picture for the potential creation of a solid eSports betting sector in Sweden under the country’s new regulatory regime. And multiple operators have actually confirmed that they would venture into the nation’s re-regulated market with an eSports betting product, in addition to their more traditional offering.

Possible Hurdles Before Gambling Companies

Competition in Sweden’s gambling market is expected to be fierce. A number of companies will be competing for a bigger share of a newly regulated market in a country with a total population of 9.9 million people. And some of these companies have already gained advantage over their future competitors through aggressive advertising activities in the country.

A report by measurement firm Kantar Sifo has shown that the national monopoly Svenska Spel as well as international gambling companies Kindred Group and LeoVegas placed among the nation’s top 20 advertisers in 2017 with total ad spending of SEK472.3 million, SEK443.09 million, and SEK313.1 million, respectively.

These companies as well as a number of major others operating in Sweden for years have already gained brand awareness and customer bases that will challenge newcomers quite significantly.

Another important thing to be taken into account as part of Sweden’s iGaming regulatory push is one particular provision in the country’s new gambling law, under which licensed operators would not be able to offer bonuses to their players beyond “the first occasion in which [a] player participates in a game”. As a result, black market operators will be able to gain a competitive edge with countless bonus offers, which would certainly create inconvenience for licensed companies.

Final Comments

Sweden is months away from re-regulating its market and opening it to international operators. The process is expected to create one of Europe’s largest and highest grossing jurisdictions, but despite the expectations and the fact that the regulatory environment created will be, to some extent, operator-friendly, there still will be major hurdles before the newly licensed companies and that it will take time before the market truly shows its actual potential.

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CrownBet Launches New Ad Campaign to Celebrate Planned Rebrand as BetEasy

Posted by Costin Dinescu on 4:48 AM
Casino News Daily
CrownBet Launches New Ad Campaign to Celebrate Planned Rebrand as BetEasy

Australian gambling operator CrownBet has kicked off its planned rebrand as BetEasy with a new advertising campaign created by Melbourne-based ad agency The Monkeys.

The rebrand is part of the ongoing merger between the operator and William Hill’s Australian business, which CrownBet purchased from the British bookmaker early in 2018. Under the terms of the acquisition deal, CrownBet is supposed to stop using the William Hill brand by October. The move comes amid a great amount of consolidation in Australia’s gambling market.

William Hill announced in January that a sale of its continuously underperforming Australian business was under discussion. News about the betting service’s eventual sale to CrownBet broke at the end of February following an extremely competitive bidding process. At about the same time, Canadian gambling giant The Stars Group bought a majority stake in CrownBet from Australian casino operator Crown Resorts.

Reports emerged in May that CrownBet would undertake a rebrand to mark the beginning of a new era in the company’s history. The company originally considered to change its name to Sportingbet, the name of an Australian betting service once owned by the family of the company’s founder, gambling industry veteran Matt Tripp.

However, the Australian business of Irish gambling giant Paddy Power Betfair challenged CrownBet’s choice of name in Federal Court, arguing that it sounded too familiar to its own Sportsbet operation and that this might confuse customers that the two brands are the same or related in one way or another. The Federal Court sided with Paddy Power Betfair and issued an order to block CrownBet’s rebrand temporarily.

The company announced recently that it would instead rebrand as BetEasy, the name by which it first began operating.

New Ad Campaign

As mentioned above, CrownBet’s rebrand advertising campaign is led by Melbourne-based ad agency The Monkeys. The new ad features two ambassadors for the BetEasy brand – Australian cricketer Ricky Ponting and actress Nicki Whelan. The two appear in a 30-second spot to announce the arrival of “bigger, better betting experience.”

CrownBet has said that it aims to set a “new tone and standard” in the Australian betting market. The merger of the company with William Hill’s Australian business is creating the nation’s third largest betting service, Tabcorp and Paddy Power Betfair’s Sportsbet being the largest ones.

Although CrownBet has already secured a significant share of the Australian betting market, establishing its new brand might not be an easy task as the space has become extremely competitive over the past several years. In addition, multiple regulatory hurdles are expected to pose significant challenges before operators and their further growth in the market. The introduction of the so-called point-of-consumption tax in almost all Australian states and territories with rates varying from 8% to 15% on local gross gambling revenue is set to be one such major hurdle.

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WSOP Circuit Kicks Off New Season with 1,056-Person Harrah’s Cherokee Main Event

Posted by Costin Dinescu on 5:12 AM
Casino News Daily
WSOP Circuit Kicks Off New Season with 1,056-Person Harrah’s Cherokee Main Event

It was just a few days ago when the 2017/2018 season of the WSOP Circuit ended with Warren Sheaves claiming the WSOP Global Casino Championship title and the accompanying gold bracelet. It is now time for the popular poker series’ new season and not only its first stop has kicked off in style at Harrah’s Cherokee in North Carolina, but it is actually approaching its end.

The Main Event of the first stop on the WSOP Circuit’s 2018/2019 calendar kicked off Friday at the host venue with the first of two starting flights. And Day 1B, the second starting flight, was completed last night with Louis Garza holding the chip lead with a total of 476,000, followed by Austria’s Eyal Bensimhon (pictured) with 393,000.

It was actually Bensimhon who made the biggest waves throughout the tournament’s second starting flight. The player won some massive pots early on Saturday to never lose his momentum until action wrapped up for the day. Other notables who made it through the day included Bryan Devonshir, JJ Liu, Dan Lowery, and Ryan Buckholtz, among others.

The second starting flight of the Main Event actually drew 647 entrants, of whom just 139 players secured their seats into Day 2. They will be joined by the survivors from Day 1A for ten one-hour levels at the host venue.

Day 1 Recap and Prize Pool

The first Main Event of the new WSOP Circuit season drew a field of 1,056 entries, of whom 409 joined on Day 1A and 647 entered on Day 1B. As many as 219 made it through Day 2 and will return at the host venue later today to compete for a spot among the Day 3 hopefuls.

Day 2 of the tournament will kick off with Day 1A chip leader Jeffrey Trudeau holding the overall chip lead. The player bagged and tagged 495,000 in chips at the end of the Main Event’s first starting flight to pull ahead of the rest of the field.

The WSOP Circuit’s new season came with slightly increased buy-ins, so it now costs $1,700 to enter the Main Event, up from $1,675. With registration now closed, organizers announced that the first Main Event of the new season generated a prize pool of $1,599,840, crashing the guaranteed prize pool of $1 million.

The top 108 finishers will receive a share of the money, min-cashes starting from $2,994. The money bubble is expected to burst at some point today. Each of the nine finalists at the tournament’s official final table will receive a minimum cash of $29,181. As for the winner, they will be awarded the top prize of $295,970 and the WSOP Circuit gold ring.

Harry Arutyunyan from Glendale, California took down last year’s edition of the tournament, beating a field of 1,022 entries and taking home the amount of $283,597 in prize money.

The post WSOP Circuit Kicks Off New Season with 1,056-Person Harrah’s Cherokee Main Event appeared first on Casino News Daily.

Poker Tournaments Starting August 13-19

Posted by Costin Dinescu on 5:39 AM
Casino News Daily
Poker Tournaments Starting August 13-19

For many, summer is all about fun in the sun. But an avid poker player would always be looking for a nice spot to play their favorite game. Here are some of the places where there will be some exciting poker tournaments over the next week or so. They are all designed to bring summer vibes at the tables and poker thrill everyone loves the game about. These are four of the most exciting events set to take place from August 13 through August 19.

Borgata Summer Heater

The Borgata is one of the hottest Atlantic City casinos and it is about to kick off one of its hot summer tournaments for those who are looking for exciting Boardwalk poker action. The Summer Heater will take place between August 13 and August 18 at the popular gambling venue.

It will feature a six-day No-Limit Hold’em tournament with a buy-in fee of $180. Interested players could enter it and compete for a portion of a guaranteed prize pool of $200,000. The event will feature seven starting flights and an additional final day of play.

WSOP Circuit Foxwoods

The WSOP Circuit is back and the next festival on its 2018/2019 schedule is slated to kick off mere days from now. It will take place at Foxwoods Resort Casino in Mashantucket, Connecticut from August 16 through August 27.

As WSOP Circuit festivals usually do, the Foxwoods one will too feature 12 gold ring events and several other tournaments for players from the region, the rest of the country, and the rest of the world.

The WSOP Circuit Foxwoods will begin with a $400 No-Limit Hold’em tournament with a guaranteed prize pool of $30,000. Buy-ins for the events vary from $250 to $3,250 for the No-Limit Hold’em BB Ante, and guaranteed prize pools go all the way up to $500,000.

It is actually the festival’s Main Event that will feature the highest guarantee. It is set to take place on August 24-27, and players will be able to enter it by paying the $1,700 buy-in. It is important to note that the buy-in for the Main Event as well as for the other tournaments within the WSOP Circuit has increased a bit from the previous season when Main Events buy-ins were $1,675.

JACK Poker Classic

Jack Cincinnati Casino in Cincinnati, Ohio will, too, play host to an exciting festival from a few days from now all the way through the final days of August. The JACK Poker Classic will run from August 16 to August 26 and will feature a plethora of exciting tournaments with even more exciting guaranteed prize pools.

For instance, the festival will kick off with a four-day $250 buy-in No-Limit Hold’em that will offer players the chance to win a portion of a guaranteed of $250,000 prize money.

The rest of the tournaments on the schedule will feature guaranteed prize pools of $25,000, $50,000, and $500,000 for the Main Event. Speaking of that highlight tournament, it will run from August 24 through August 26, and will feature two starting flights and one final day of play. Players will be able to play that one for a buy-in of $1,100.

Ante Up Poker Tour Reno

Atlantis Casino Resort Spa in Reno, Nevada will kindly host the next AUPT festival from August 16 through August 26. The upcoming poker event will offer players a diverse schedule of tournaments with really affordable buy-ins and thrilling guaranteed prize pools.

The festival’s schedule features 19 different tournaments, most of which single-day ones. The Main Event is scheduled for August 24 and will take place over three days. It will feature a buy-in fee of $1,100 and a guaranteed prize pool of $200,000.

The post Poker Tournaments Starting August 13-19 appeared first on Casino News Daily.

Hard Rock International, Seminole Tribe of Florida Go to War against Plastic Straws

Posted by Costin Dinescu on 11:18 PM
CasinoGamesPro.com
Hard Rock International, Seminole Tribe of Florida Go to War against Plastic Straws

Casino developers and operators around the globe are becoming more conscious about the environment and are willing to work towards introducing new measures with which they could optimize their own performance as well as benefit nature. Hard Rock International is one of the latest developers to join the wave and ditch plastic straws from its […]

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Galaxy doesn’t give up on Boracay

Posted by Costin Dinescu on 5:03 PM
Casino News – Focus Gaming News
Galaxy doesn’t give up on Boracay
Galaxy doesn’t give up on Boracay

Company executives said that they share the President’s vision but they’re confident that they can still build a facility there.

The post Galaxy doesn’t give up on Boracay appeared first on Focus Gaming News.

Greece Launches International Tender for €8 Billion Casino Project after Sept. 10

Posted by Costin Dinescu on 11:33 AM
Casino News Daily
Greece Launches International Tender for €8 Billion Casino Project after Sept. 10

After a huge delay on the ambitious €8 billion Hellinikon casino project, Greece will finally launch the international tender for a license this fall. The Hellenic Gaming Commission has now invited all interested parties to submit proposals regarding the plans for Europe’s first integrated casino resort.

Back in February, the Greek Council of State gave a final approval for the construction of a major casino and entertainment resort at the former site of the Ellinikon International Airport (also spelled Hellenikon). Slated to become the nation’s biggest coastal resort and first integrated casino resort in Europe, the €8 billion project is also a key term in the country’s international bailout. This caused unrelenting pressure for launching the development as soon as possible.

The project has faced several delays over the past few years, sparking heated disputes between its proponents and environmentalists and archaeologists. Greek authorities are now aiming at finding a casino operator by the end of the year so that construction work can finally start in early 2019. The Hellenic Gaming Commission, which is the local gambling regulator, is now inviting all stakeholders to submit comments and make proposals. This public consultation about the investment project will run through September 10.

According to the regulator, the international tender for a casino license will be opened for bidding soon after that. The concessionaire who wins the tender will operate the casino for a period of 30 years. It will be part of a much larger project expected to create up to 10,000 construction jobs during development, as well as more than 70,000 direct and indirect (from the increased economic activity) jobs during the first five years of operation.

The Largest Tourism & Gaming Destination in Greece

In an official announcement, the Hellenic Gaming Commission said that the future casino would be an essential part of the coastal resort, which will transform the economy and the lives of millions of people in the wider Athens area. When it opens its doors, the resort will be key to the future development of the tourism sector in Greece and is expected to revitalize the slowly recovering economy and reduce unemployment.

It will cover a wide, 600-hectare area and will have hotels and residential buildings, convention facilities, entertainment and concert venue, themed parks, luxury retail and fine dining outlets, as well as a casino. Likely to occupy one of the 45-story Hellenikon skyscrapers, the casino will spread across an area of 15,000 square meters, with the gaming floor planned to cover around 8,000 sq.m. The remaining area of the property is intended for non-gaming facilities.

So far, the only gaming operator to express some interest in the future casino on the Athenian Riviera is the US-based corporation Caesars Entertainment. The Las Vegas casino giant has eyed the Hellenikon casino as part of its expansion plans but still has not disclosed any details regarding its potential participation in the tender.

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Mohegan Sun Tribal Casino Prepares for Rival Massachusetts Resorts Impact

Posted by Costin Dinescu on 5:24 AM
CasinoGamesPro.com
Mohegan Sun Tribal Casino Prepares for Rival Massachusetts Resorts Impact

Tribal casino developer Mohegan Sun and Entertainment is bracing for impact with the help of a considerable amount of money to be implemented in the years ahead after the official launch of rival Massachusetts casino resorts MGM Springfield and Encore Boston Harbor. About $100 million would have to be poured into the future operation of […]

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