Business News and Headlines
Business
January 5, 2020
The Offshore Gaming Sector Will Drive the Office Demand in 2020
The permanent demand for office space from Philippine offshore gaming operators (POGO) is expected to continue in 2020. POGOs Will Be the Leader in Renting Office Spaces This Year Monique Cornelio-Pronove, chief executive officer of Pronove Tai International Property Consultants claims in an interview with Business World that despite the limited office supply next year, the offshore […]
Business
January 4, 2020
POGOs Investigated by the Senate over Legislation Abuse and Security Threats
POGOs are going to be investigated by a Senate panel for hiring unregistered foreign workers, not paying taxes, and non-complying with immigration and labor laws. POGOs investigation will be the Senate’s priority throughout the next legislative session beginning Jan 20. A Senate Panel Will Investigate POGOs to Help Legislation The Philippine Offshore Gaming Operators (POGOs) industry […]
Business
January 4, 2020
Gov. Stitt Brings in an Out-of-state Law Firm to Settle Tribal Dispute
Oklahoma Gov. Kevin Stitt brings in out-of-state law firm to try and negotiate a solution with Native American tribes over compacts extension. Gov. Stitt Hires Out-of-state Law Firm to Help in Tribal Dispute Oklahoma Governor Kevin Stitt has hired an out-of-state law firm to address the rift between Native American tribal casino operators and the […]
Business
January 1, 2020
Optimistic Outlook for Las Vegas Gaming Industry in 2020
It seems there is some good news regarding Las Vegas Gaming Industry in 2020. Las Vegas’ Gaming Industry Revenue Expected to Grow in 2020 In 2020, Nevada is expected to generate more sustainable gains due to increases in visitation, convention attendance and employment growth locally and nationally. This statement quoted by Las Vegas Business Press, belongs […]
Business
January 1, 2020
Indiana Expands with Live Dealer Games in Two Casin
As of January 1, 2020, Indiana’s Harrah’s Hoosier Park and Indiana Grand Racing and Casino gaming venues are eligible to introduce live dealer games, which the companies hope, would bring in more interest from gamers. Indiana’s Casinos Introduce Live Dealer Games Indiana has become the latest state to expand table games, including live dealer options. […]
Business
December 31, 2019
New Hampshire Goes Online with Sports Betting in New England
On Monday, December 30 the state became the second one in New England to offer wagering on games after the Lottery Commission legalaized New Hampshire sports-betting by signing a contract with DraftKings. Six-year Contract with DraftKings Opens the Door to Online Sports Betting for New Hempshire Residents Over 18 The six-year contract with DraftKings became […]
Business
December 30, 2019
MGM Starts Using Solar Panels to Reduce CO2 Emissions
Thousands of Solar Panels have been installed in the Springfield, Massachusetts Casino. The Solar Panels to be Launched in January 2020. MGM Springfield, the top casino resort in Massachusetts, has had thousands of solar panels installed at its resort casino in Springfield. The panels will become operational in January, 2020. From the company explained that […]
Business
December 29, 2019
Gateway Merges with Leisure Acquisition Corp Following a Costly Deal
Gateway Casinos & Entertainment Ltd – one of the biggest and most diversified gaming and entertainment Canadian operators – officially announced its merger with the publicly-listed Leisure Acquisition Corp. Gateway’s Merger Estimated at $1.12-billion In a statement released on Friday, Gateway Casinos has clarified that the company will merge with Leisure Acquisition Corp, a publicly listed […]
Business
December 28, 2019
Nagasaki IR Budget Estimated at up to $3 Billion
Nagasaki prefecture has announced it is seeking for a casino resort partner to invest up to $5 billion in its IR project. Nagasaki Competes for an IR License with 8 More Locations Several cities have officially announced their intention to win the license for developing one of the three Japanese integrated resorts (IRs) – a […]
Business
December 28, 2019
Nevada Gambling Results in November, 2019 Drop by 3.1%
Nevada’s gaming regulator reported a 3.1% decline in gambling revenue while sports betting climbed up by 5.5%. This is the second time in a row that Nevada lost GGR in the gambling segment. Gambling Revenue Collapses throughout Most of Nevada for November Sports betting in Nevada continues to climb up consistently, even though November brought […]