The governor of Connecticut has signed a bill into law that permits the Mashantucket Pequot and Mohegan tribes to open a 200,000-square-foot casino in East Windsor. Under the agreement, MMCT Venture must make $1 million in initial payments and contribute 25% of gross gaming revenue to the state.
Kazuo Okada, who resigned from Hong Kong-based investment company Okada Holdings May 12, was forced out due to a family rift, sources revealed. The group owns 69% of Universal Entertainment, a casino operator and gaming machine manufacturer.
Las Vegas Sands, Galaxy Entertainment, Steve Wynn, MGM Resorts and Genting's Resorts World have established themselves as leaders in integrated resort development, according to Glenn McCartney and Andy Nazarechuk. The writers offer insight on what it takes to create a long-term, successful integrated resort.
A bill to legalize online poker was passed by the Senate in Illinois and is now awaiting House deliberation. The legislation would establish a Division of Internet Gaming to take charge of issuing five-year licenses to online gaming operators.
The Mashpee Wampanoag tribe in Massachusetts announced it suspended the request for federal review of its reservation land status ahead of a Tuesday decision from the Department of Interior. The group will instead continue to combat casino protesters in Taunton on the appeals court stage.
Sunset Station in Nevada is celebrating its 20th anniversary, having transformed the area's casino experience from basic warehouselike slot parlors to a more colorful, luxurious feel. "Sunset was the crown jewel when it was built and represents the turning of a corner at that time," said Tony Lucas, professor of gaming at UNLV.
Foxwoods Resort Casino in Connecticut is hoping the skill-based, social aspect of GameCo's video gaming machines will appeal to younger players. "At Foxwoods, we believe skill-based gaming machines are an important part of the future of gaming, but millennials tend to gravitate towards craps, blackjack and poker too, as those games also require a level of skill that they find appealing," Foxwoods CEO Felix Rappaport said.
Hard Rock, Melco and CNS Group have signed a deal with Cyprus to build what is anticipated to be Europe's largest casino resort for more than $558 million. The facility is due to open in 2020 and will feature a 500-room hotel, a spa, 136 gaming tables, 1,200 gaming machines and a 1,500-seat concert hall.
MGM China plans to open a $3.34 billion, 1,500-room MGM Cotai resort in the fourth quarter, although it was scheduled to open last year. In a media session, CEO Grant Bowie said he believes Macau's licensing processes need to be updated to keep up with a booming tourism industry.
New York legislators are considering a bill that would legalize online poker, one of many recent gaming expansions in the state. Three full-service casinos opened their doors in upstate New York less than a year ago, joining nine racinos and 11 tribal gaming facilities.
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