Las Vegas Casino developer in talks with banks over finance
Posted on 30 Apr 2009 at 13:04 by Gavin Smith
The company building a $3 billion ($2 billion) casino resort in Las Vegas and which started legal action against its lenders is now in talks with at least one of the banks about restructured financing, according to reports.Associated Press (AP) said ...
Rugby star spotted at London casino
Posted on 30 Apr 2009 at 13:04 by Gavin Smith
An England rugby star has been spotted taking time out with friends at a London casino.London Lite reports Danny Cipriani was seen with pals at the Fifty casino in Piccadilly on Monday.The fly half and boyfriend of Kelly Brook apparently had an easy ...
Casino sale likely to boost Coventry leisure complex
Posted on 30 Apr 2009 at 13:04 by Gavin Smith
Bosses at a Coventry leisure destination have said the sale of a casino at the site shows the level of progress the whole complex is making.Executives at the Ricoh Arena welcomed the decision of Rank Group to buy the Isle of Capri casino.The company ...
Rules mean big changes for the Russian gambling industry
Posted on 30 Apr 2009 at 13:04 by Gavin Smith
Russia's gambling market is undergoing a big shake up, with implications for all casinos and card game players.This summer all of Russia's gaming market will move into four designated zones, although only three of them have been approved at present, ...
Big new casino represents a gamble for Macau's traditional gaming power
Posted on 30 Apr 2009 at 13:04 by Gavin Smith
A brand new casino being built on a Chinese Island has gone under the microscope, with the scheme going ahead in spite of the local gaming market going through a tough period.The Financial Times took a close look at City of Dreams, the newest gaming ...
Casino firm remains silent on report of Macau sale
Posted on 30 Apr 2009 at 10:04 by Epiphany Solutions
A major casino firm is refusing to comment on claims published in a Hong Kong newspaper that it could be selling a venue on the Chinese island of Macau.The Associated Press says Las Vegas Sands has remained tight-lipped on a story in the South China ...
Cambridge bingo hall to join trend of closures
Posted on 30 Apr 2009 at 10:04 by Epiphany Solutions
A venue in Cambridge is to join the UK's growing list of bingo hall closures after the sector was hit by the smoking ban and increased taxes.The Cambridge Evening News reports the Gala bingo site in Hobson Street will close its doors on May 25. The b...
Huge casino development planned in Spain
Posted on 30 Apr 2009 at 10:04 by Epiphany Solutions
The local government of a region of Spain is ready to pass a law meaning a huge casino and theme park complex could be built there.BBC News reports the 'Grand Scala' project involves hotels, theme parks, and a racecourse among other facilities, near ...
Poker tour host hits out at tax plans
Posted on 30 Apr 2009 at 10:04 by Epiphany Solutions
The company which hosts the Grosvenor UK poker tour has criticised government tax increases on poker profits made in casinos.Rank group, which owns the Grosvenor brand, is unhappy with the hike from 15 per cent to 50 per cent.The company has since wr...
Casino staff spot player's counterfeit cash
Posted on 30 Apr 2009 at 10:04 by Epiphany Solutions
An unusual cash haul has been uncovered after a man was spotted using counterfeit money in a casino in Leeds.According to the Huddersfield Daily Examiner, the man was arrested last Thursday after staff in the casino saw the £20 notes being used.Polic...
New player bonus plan for Circus Casinos
Posted on 29 Apr 2009 at 08:04 by Gavin Smith
Internet gaming firm Circus Casinos has unveiled a new range of player bonuses, with £20 up for grabs for beginners and as much as £150 available for more experienced players.Circuscasino.com launched the new bonuses in an effort to appeal to every t...
Commentators see trend of consolidation in online gaming
Posted on 29 Apr 2009 at 08:04 by Gavin Smith
The internet gaming sector is now seeing an increasing trend towards consolidation of ownership, according to commentators.Online-casinos.com said consolidation had become more common since new rules were brought into the UK in 2007.The site gives th...
Northampton casino bids for 24-hour opening
Posted on 29 Apr 2009 at 08:04 by Gavin Smith
A town could see its first-ever 24-hour, seven-day-a-week casino if an application is successful.Northampton, already home to four town centre casinos, has now seen one of them apply for 24 hour opening permission.The Northampton Chronicle reports ow...
Ricoh Arena bosses welcome sale of site's casino
Posted on 27 Apr 2009 at 15:04 by Epiphany Solutions
Bosses at Coventry's Ricoh Arena have said they are confident the new owners of the facility's casino will make it a success.Grosvenor Casinos, owned by Rank, has bought the Isle of Capri casino at the arena in a £650,000 deal.The move comes after th...
Town moves closer to new casino as policy is drawn up
Posted on 29 Apr 2009 at 08:04 by Gavin Smith
A North Yorkshire town is looking more likely to gain its second casino after officials started to iron out a new gambling policy.The Scarborough Evening News reports the local council has also set aside a budget of up to £5,000 to move the plan forw...
Refit planned after company completes purchase of Coventry casino
Posted on 29 Apr 2009 at 08:04 by Gavin Smith
A large poker room and new electronic gaming machines will be part of a high-profile refit at a Coventry casino which has just undergone a successful sale.One of Britain's biggest operators, Rank Group, has sealed a deal for the casino at the city's ...
Big-name American firm considers sale of Macau casino, reports say
Posted on 29 Apr 2009 at 08:04 by Gavin Smith
Falling market revenue means a high-profile gaming company is thinking of selling one of its casinos in Macau, according to reports.Yahoo.co.uk said Las Vegas Sands was thinking of selling Sands Macao on the market for around $1.3 billion (£889 milli...
Casino bosses warn tax changes could drive poker games underground
Posted on 29 Apr 2009 at 08:04 by Gavin Smith
Executives at one of Britain's biggest casino companies have warned government tax changes could lead to illicit poker venues appearing as official card rooms may have to close.Rank Group was reacting to the government's decision to up tax on poker p...
Poker 'may go underground more' if casinos shut card rooms due to tax hikes
Posted on 29 Apr 2009 at 08:04 by Gavin Smith
Higher poker taxes not only mean more money for the government, casino bosses have said, but could also see the game driven underground as casinos could end up closing their card room doors.According to some executives we could end up with some more ...
Timoshenko comes out on top at WPT World Championship
Posted on 29 Apr 2009 at 08:04 by Gavin Smith
They came from around the world, 300 of them, to the famous Bellagio in Las Vegas, and tested their poker wits. But only one of them could emerge victorious.Amateurs as well as professionals, including some of the biggest names in the game, rubbed sh...
Casino group Rank counts the cost of chancellor's tax hikes
Posted on 27 Apr 2009 at 15:04 by Epiphany Solutions
Gaming group Rank is counting the cost of the budget after the chancellor upped taxes on the profits of a number of gambling formats.On Thursday morning the firm's shares slid by 14 per cent following the announcements by the chancellor, according to...
Fake chips alert in Australian casinos
Posted on 27 Apr 2009 at 15:04 by Epiphany Solutions
Australia's casino industry is on high alert after officials at one venue discovered they had been tricked by $36,000 (£17,600) worth of fake gambling chips.Sky News said fraudsters have struck Melbourne's Crown Casino, which discovered the extent of...
Sale of Ricoh Arena's Isle of Capri Casino is agreed
Posted on 27 Apr 2009 at 15:04 by Epiphany Solutions
The agreed sale of a casino in Coventry has been announced, with Grosvenor Casinos snapping up the facility at the Ricoh Arena in a £650,000 deal.More than 100 people have had their jobs saved by the news, which will also see £1.6 million worth of in...
Bookies escape budget tax increases
Posted on 27 Apr 2009 at 15:04 by Epiphany Solutions
Bookmakers appeared to be among the few winners from the budget after they escaped a tax rise, prompting a spike in shares for some companies.Bingo operators were the losers as VAT was scrapped on bingo but gross profits tax on the game went up, to t...
Gaming boss criticises "vindictive" government tax changes
Posted on 27 Apr 2009 at 15:04 by Epiphany Solutions
The chief executive of one of Britain's biggest gaming companies has hit out at the government, after the budget saw VAT on bingo scrapped, but its gross profit tax soar.Duty on amusement machines is also going up nine per cent, and a new tax is to b...
European internet gaming firm plans South American move
Posted on 27 Apr 2009 at 14:04 by Epiphany Solutions
An online gaming firm known for its popularity with German gamers looks set to branch out and head to South America as part of expansion plans.Gaming VC, based in Luxembourg but boasting a core German market, has said it is negotiating a deal to buy ...
Budget brings mixed fortunes for bingo operators
Posted on 27 Apr 2009 at 14:04 by Epiphany Solutions
Some gaming operators received good and bad news thanks the budget, with VAT on bingo ditched, but tax on profits increased.Bingo firms have been calling for a change to duty rules as the format was the only one in the gambling industry which had to ...
Casino added to plans for football club's new stadium
Posted on 27 Apr 2009 at 14:04 by Epiphany Solutions
A football club's plans for a brand new 20,000 seat stadium will also now include a casino, it has been revealed.Southend United is to develop the new ground at Fossetts Farm in the Essex town and already has a leisure and shopping element planned fo...
New casino plan a step closer for Solihull
Posted on 27 Apr 2009 at 14:04 by Epiphany Solutions
Officials are working on a new gambling policy as part of a move to introduce a big new casino close to Birmingham.Solihull Council has lent its support to a facility which could have 150 slot machines and a maximum jackpot of £4,000, the Solihull Ne...
Ronaldo takes to the casino while his manager gambles on the pitch
Posted on 27 Apr 2009 at 14:04 by Epiphany Solutions
Manchester United player Cristiano Ronaldo reportedly opted to spend a bit of time off in a Manchester casino at the weekend, and was said to have been betting up to £1,000.The Daily Mail says he went out for a flutter ahead of his team's loss to Eve...
Leisure firm linked to Manchester's 'supercasino' site
Posted on 27 Apr 2009 at 14:04 by Epiphany Solutions
New developments could be afoot at a Manchester site which was originally earmarked for Britain's first super casino.Intergame Online says a company is now being linked to a regeneration plan for the area after executives met with officials from the ...
Bingo bosses highlight tax problems faced by operators and clubs
Posted on 27 Apr 2009 at 14:04 by Epiphany Solutions
Bosses at the Treasury are under fire from bingo companies, with some executives saying parliament is being misled over how much their sector has to pay in tax compared to other forms of gaming.Some bingo clubs have been hit hard by the recession, th...
Comeback signs for Macau's casino sector
Posted on 27 Apr 2009 at 14:04 by Epiphany Solutions
The casino sector in Macau looks to be making a bit of a comeback after it suffered hits from the global slowdown and a series of visa controls imposed on mainland Chinese visitors.Macau is the only Chinese region in which casinos are allowed, but ha...
American states see growing interest in new forms of tried and tested penny slots
Posted on 27 Apr 2009 at 14:04 by Epiphany Solutions
American states see growing interest in new forms of tried and tested penny slotsWhile gaming fans everywhere might be tightening the purse strings thanks to the global recession, one form of a flutter is showing little sign of a popularity wane in p...
Officials draw up rules on operator applications for big new Middlesbrough casino
Posted on 27 Apr 2009 at 13:04 by Epiphany Solutions
Officials are finalising the rules involved in deciding who is going to be the operator of a big casino planned for Middlesbrough, Teesside.The city's Evening Gazette newspaper reports councillors have drawn up an initial version of a new licensing p...
