Tag Archives million

Hannahville Indian Community’s Island Resort & Casino to embark on $30 million expansion

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In Michigan’s Upper Peninsula, the Island Resort & Casino will soon see some major changes after getting the green light on a $30 million expansion. Announced on Wednesday by the casino, the Hannahville Indian Community Tribal Council approved what will be the property’s second major expansion within five years after having invested some $8 ...

Iowa group proposes $225 million casino resort “architectural masterpiece” for Des Moines airport

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In Iowa, a proposal for a $225 million casino and hotel complex at the Des Moines International Airport (DSM) has been presented by a development group that says the project would be “for its size, an unparalleled architectural masterpiece reflecting the ‘highest and best use’ of airport facilities.” The Des Moines Airport Authority board ...

Mookie Betts of the Boston Red Sox Breaks Record for Agreement to Avoid Arbitration (1 Year/$27 Million)

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The superstar right fielder of the Boston Red Sox, Mookie Betts, just broke the Major League Baseball record for an agreement to avoid arbitration. His new 1 year deal is worth an incredible $27 million. The previous MLB arbitration record was held by the All Star third baseman, Nolan Arenado, who negotiated a 1 ...

Las Vegas-based Everi to acquire Micro Gaming Technologies for $25 million

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Everi Payments Inc., a subsidiary of Las Vegas-based gaming equipment producer Everi Holdings Inc. (NYSE: EVRI) has acquired Micro Gaming Technologies Inc., a company that specializes in casino loyalty and marketing software. The small privately held company has since it was incorporated in 1999 been designing and developing applications for the casino industry including ...

Sheraton Puerto Rico Hotel & Casino San Juan to embark on $10 million renovation in 2020

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As part of its ten-year anniversary celebration, the Sheraton Puerto Rico Hotel & Casino not only has a new general manager but has also revealed plans for a $10 million renovation for the coming year. Renovation plans reportedly include the property’s entire interior, including 503 rooms and suites, lobby, and 35,000 sq ft of ...

Wind Creek Hospitality submits plan for $90 million hotel expansion of newly-acquired Bethlehem casino property

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After finalizing the $1.3 billion purchase on May 31 and celebrating a $15 million rebrand just five months later, Wind Creek Hospitality, the gaming entity of the Poarch Band of Creek Indians in Alabama, appears to be making good on its promise for a hotel expansion at its newly-acquired Wind Creek Bethlehem property. According ...

Wynn Resorts Limited in line to receive $41 million settlement

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American casino operator, Wynn Resorts Limited, is reportedly set to bank a settlement worth $41 million following the resolution of a pair of lawsuits relating to the alleged discretions of the company’s former Chairman and Chief Executive Officer, Steve Wynn (pictured). According to a Wednesday report from the Las Vegas Review-Journal newspaper, the legal ...

Swedish online casino player banks €1.4 million Arabian Nights jackpot

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Swedish online casino games developer, NetEnt AB, has announced that the progressive jackpot attached its five-reel and ten-payline Arabian Nights video slot recently turned one lucky player into an instant millionaire. The Stockholm-listed firm used an official press release (pdf) to detail that the fortunate Swedish aficionado was enjoying a few rounds on the ...

Miami Valley Gaming proposes $100 million expansion to include new hotel

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Looking to attract business from beyond the surrounding cities, Miami Valley Gaming in Lebanon, Ohio is reportedly considering taking on a $100 million expansion. The proposal includes the addition of a hotel, restaurant, additional gaming machines and a parking garage. According to the Associated Press via local news media… …the Warren County harness racing ...

partypoker MILLION cancelled after tournament glitch issue

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A glitch has resulted in the partypoker MILLION being cancelled soon after its relaunch. The popular tournament series saw a $1 million guaranteed event shutdown after the online poker room suffered from an error which prevented players from progressing in the tournament. The Problem: When the event began, it seemed everything was running smoothly, ...

Bloomberry Resorts Corporation slapped with $296 million judgment

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In Singapore and a tribunal has reportedly ruled against Bloomberry Resorts Corporation and ordered the Filipino casino operator to pay just over $296 million to a subsidiary of American entertainments firm Global Gaming Asset Management LLC. According to a Wednesday report from GGRAsia, Bloomberry Resorts Corporation is responsible for Manila’s Solaire Resort and Casino ...

Are you one of the nearly 40 million Americans expected to wager on the NFL this season?

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After earlier this year launching a set of self-regulations on advertising and marketing legal sports betting, the American Gaming Association (AGA) has now released a new survey that found that 38,000,000 American adults, 15% of the adult population in the U.S., plan to wager on National Football League (NFL) games in this its 100th ...

Ojibwa Casino’s $34 million expansion project in Michigan’s Upper Peninsula expected to be completed in December

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After years of delays, the Keweenaw Bay Indian Community’s (KBIC) $34 million casino expansion project in Michigan’s Upper Peninsula is apparently now on schedule for a December unveiling. A groundbreaking ceremony for the Marquette Ojibwa Casino expansion and improvement project was held in early December 2016. Since that time the casino has encountered some ...

Encore Boston Harbor easily leads Commonwealth; $49 million first-month haul more than double Springfield GGR

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With first-week figures coming out last month and the gambling landscape on the East Coast becoming increasingly competitive, it’s not surprising that Encore Boston Harbor, Wynn Resorts Ltd’s glistening, new five-star luxury resort, easily topped the state’s other two casinos having generated $48.6 million in gambling revenue for its first full month of business. ...

Ladbrokes Coral Group ordered to pay $7.1 million Gambling Commission fine

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In the United Kingdom and giant land-based and online bookmaker, Ladbrokes Coral Group, has reportedly been hit with a fine of £5.9 million ($7.1 million) for failing to fulfill its social responsibility obligations and prevent money laundering. Historical inadequacies: According to a report from The Guardian newspaper, the financial penalty represents one of the ...