Tag Archives International

Imperial Pacific International may see Saipan casino license suspended due to regulation violations

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Casino operations in Saipan by Imperial Pacific International Holdings Limited may cease if the company loses its gaming license. The possible suspension is on the table due to the company admitting that it failed to comply with the CNMI Casino Control Act. Five Order Violations According to reports, the Commonwealth Casino Commission and Imperial ...

Churchill Downs looks to sell Arlington International Racecourse and move racing license to another location

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Earlier this week, Churchill Downs Incorporated (CDI) announced it is working on selling Arlington Park, all 326 acres of land connected to the Arlington International Racecourse. CBRE is bringing the property to the market for CDI. The 2021 race dates scheduled from April 30-September 25 will continue. CDI does not expect that the Arlington ...

MGM Resorts International remaining keen on Osaka casino project

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The boss for American casino operator MGM Resorts International has reportedly revealed that his firm is still interested in being given the right to bring a gambling-friendly development to the Japanese city of Osaka. According to a report from Inside Asian Gaming, Bill Hornbuckle (pictured) serves as President and Chief Executive Officer for the ...

Illinois Gaming Commission approves Hard Rock International to begin construction on Rockford casino

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This week, the Illinois Gaming Commission decided that Hard Rock International could begin construction of its Hard Rock Casino in Rockford. The property was found suitable for a license, which means construction can start on a temporary location. A license has yet to be fully approved for the facility. Moving Forward The vote by ...

MGM Resorts International abandons Entain takeover pursuit

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American casino operator MGM Resorts International has reportedly announced that its campaign to acquire Entain has come to an end after investors in the prominent iGaming and sportsbook firm rejected its latest takeover offer. According to a Tuesday report from the Bloomberg news service, the Las Vegas-headquartered firm behind venues including the Borgata Hotel ...

Allied Esports International Incorporated offloading WPT interests

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American digital entertainments firm Allied Esports International Incorporated has reportedly announced that it will be selling its stake in the World Poker Tour (WPT) and exploring the possibility of completely divesting from the eSports vertical. According to a Tuesday report from the online news domain at Sportico.com, the Nasdaq-listed company revealed that it has ...

Hard Rock International boosts brand offering in London: acquires casino premise license from The Ritz Club

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In a move that allows it to grow its existing London portfolio, American casino operator Hard Rock International (HRI) has secured the casino premise license from the now-shuttered The Ritz Club. The Florida-based company owned by HRI parent entity the Seminole Tribe of Florida stated in its Thursday press release that the transaction will allow ...

Shay Segev leaving Entain amid MGM Resorts International takeover offer

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Prominent iGaming and sportsbook operator Entain has reportedly announced that its Chief Executive Officer, Shay Segev (pictured), has decided to stand down after less than seven months in charge. According to a report from the Reuters news service, the revelation follows last week’s rejection by shareholders in the company previously known as GVC Holdings ...

Landing International reports $13.4m missing from Jeju Island resort casino

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Apparently, heavy lifting was involved in the reported theft of over KRW14.5b (US$13.4m) in cash from South Korean casino operator Landing International Development Limited‘s Jeju Shinhwa World resort casino. The missing funds reportedly consisted entirely of 50k ($46) Korean won notes, which would tip the scales at over 617 lbs. in total. In its ...

MGM Resorts International urged to sell portion of MGM China Limited stake

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In Macau and a prominent investor in local casino operator MGM China Limited has reportedly urged the enterprise’s majority shareholder, MGM Resorts International, to sell up to 20% of its own stake to one of a number of Chinese enterprises. According to a report from Inside Asian Gaming, Hong Kong-headquartered alternative investments firm Snow ...

Entain shareholders reject latest MGM Resorts International takeover offer

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Shareholders for prominent iGaming and sportsbook operator Entain have reportedly rebuffed a takeover offer from American casino behemoth MGM Resorts International rumored to be worth in the region of $11.1 billion. According to a report from the Bloomberg news service, the investors snubbed the all-share deal even though it represented a 22% premium when ...

Hard Rock International announces launch of new Hard Rock Digital venture

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American casino operator Hard Rock International has announced the launch of its new Hard Rock Digital entity to serve as the sole instigator for all of its future global sportsbetting and iGaming endeavors. The firm owned by the federally-recognized Seminole Tribe of Florida used an official Monday press release to detail that the fresh ...

Imperial Pacific International Holdings Limited apathetic to Chinese ‘blacklist’

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In the Commonwealth of the Northern Mariana Islands and the boss for beleaguered casino operator Imperial Pacific International Holdings Limited has reportedly expressed his indifference concerning China’s ‘blacklist’ of overseas tourist destinations. According to a report from Inside Asian Gaming, Donald Browne serves as Chief Executive Officer for the operator behind the temporarily-shuttered Imperial ...

Financial difficulties continue for Imperial Pacific International Holdings Limited

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In the Commonwealth of the Northern Mariana Islands and besieged casino operator Imperial Pacific International Holdings Limited is reportedly set to be officially investigated after failing to pay its employees for a fourth consecutive week. According to a report from Inside Asian Gaming citing multiple newspapers in the American territory, the Hong Kong-headquartered firm ...

Welcome financial news from Imperial Pacific International Holdings Limited

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In the Commonwealth of the Northern Mariana Islands and besieged casino operator Imperial Pacific International Holdings Limited has reportedly asked a federal court to allow a foreign investor to place slightly over of $5.59 million into a local bank account for its own benefit. According to a report from the Marianas Variety newspaper, the ...

Scientific Games to lead Hard Rock International U.S. igaming and sports betting expansion

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Hard Rock International has chosen long-term partner Scientific Games Corporation (NASDAQ: SGMS) to deliver the Nevada-based company’s OpenSports and OpenGaming solutions across regulated markets in the U.S. The Seminole Tribe of Florida-owned firm recently mutually terminated an existing platform and sportsbook services collaboration with Gaming Innovation Group (GiG) after the two companies were unable to ...