Casino – GamblersNews https://gamblersnews.com Betting News Hub Wed, 13 May 2020 21:49:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.10 https://gamblersnews.com/wp-content/uploads/2019/01/cropped-gambling-icon-32x32.png Casino – GamblersNews https://gamblersnews.com 32 32 Disastrous April Gross Gaming Revenues for Macau Casino Operators https://gamblersnews.com/disastrous-april-gross-gaming-revenues-for-macau-casino-operators/1562/ https://gamblersnews.com/disastrous-april-gross-gaming-revenues-for-macau-casino-operators/1562/#respond Wed, 13 May 2020 21:49:54 +0000 https://gamblersnews.com/?p=1562 As revealed several days ago, Macau casino operators have seen rather disastrous gross gaming revenues for the month of April. In fact, the thirty-nine casinos which operate in Macau saw their gross gaming revenues for the previous month massively by around 96.8% when compared to the same period last year. The casinos’ gross gaming revenues […]

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As revealed several days ago, Macau casino operators have seen rather disastrous gross gaming revenues for the month of April. In fact, the thirty-nine casinos which operate in Macau saw their gross gaming revenues for the previous month massively by around 96.8% when compared to the same period last year.

The casinos’ gross gaming revenues for April hit just around $94.42 million due to the ongoing coronavirus crisis and related travel restrictions alongside other measures that were implemented by the government of Macau to prevent the spread of the highly-contagious virus strain. At the time of writing this, the COVID-19 pandemic or the coronavirus pandemic of coronavirus disease has affected over 3.5 million individuals globally while over 247,000 individuals lost their lives due to the coronavirus disease and related health complications.

The coronavirus outbreak was identified back in December last year in the Chinese city of Wuhan. It was classified as a pandemic by the World Health Organization back on the 11th of March. Needless to say, the coronavirus pandemic has caused extreme socioeconomic disruptions globally including the largest global recession after the Great Depression which took place in the 1930s. The ongoing coronavirus crisis has also caused the cancellation and postponements of cultural, religious as well as sporting and other events alongside other negative consequences. Every single industry has been affected by the ongoing coronavirus crisis and the casino gaming industry is no exception.

Catastrophic Figures for April

Back to the Macau casino industry, it is one of the biggest, most profitable industries of this kind in the world with a number of iconic venues operating here. However, the thirty-nine casinos which are active in the area have not been immune to the rather catastrophic consequences of the ongoing coronavirus crisis and related safety measures employed such as mandatory lockdowns and travel restrictions.

According to one report released by GGRAsia, the official figures from the former Portuguese enclave’s Gaming Inspection and Coordination Bureau suggest that the casinos in the area saw a massive decline of over 85% in their gross gaming revenues when compared to the month of March when these figures hit around $658 million. This means that the gross gaming revenue figure for the four months of 2020 is around 68.7% behind the figure recorded for the same four-month period last year which was approximately $3.9 billion.

GGRAsia in its report also cited Sanford C Bernstein Limited international brokerage which declared that this extreme drop in gross gaming revenues for April had been driven by travel restrictions which are in place since March. The same international brokerage company also declared that the substantial drop in gross gaming revenues for Macau casinos in April had been also driven by disappointing hold rates. The investment company also shared that the thirty-day period had seen VIP high-roller sections within the city’s iconic casino facilities top mass-market figures with significant volatility and higher hold rates.

Estimated Visitation Also Significantly Lowered

The same brokerage company also reported that its estimated visitation into the former Portuguese enclave from areas in mainland China is lowered by around 95% when compared to the same period last year. Nonetheless, the company expects to see coronavirus pandemic-related measures including travel restrictions to start being lifted in the following several weeks. Commenting on the news, Credit Suisse AG and Kenneth Fong said that Macau’s casino gaming market will most likely bounce back quickly once the government in China starts allowing mainland China citizens to travel into Macau. Kenneth Fong also added that Macau’s casino market’s mass recovery will most likely be gradual as gross gaming revenues bounce back to 80% in the following months.

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USA Based Casino Operators Discussing Post Pandemic Possibilities for Las Vegas https://gamblersnews.com/usa-based-casino-operators-discussing-post-pandemic-possibilities-for-las-vegas/1543/ https://gamblersnews.com/usa-based-casino-operators-discussing-post-pandemic-possibilities-for-las-vegas/1543/#respond Mon, 11 May 2020 19:32:14 +0000 https://gamblersnews.com/?p=1543 Officials of some of the leading, most prominent casino operators based in the United States are holding internal, informal meetings to discuss future business possibilities for the gambling capital. More specifically, representatives of the biggest casino operators are discussing ways to resume operations and open their Las Vegas-based venues once the coronavirus pandemic concludes. According […]

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Officials of some of the leading, most prominent casino operators based in the United States are holding internal, informal meetings to discuss future business possibilities for the gambling capital. More specifically, representatives of the biggest casino operators are discussing ways to resume operations and open their Las Vegas-based venues once the coronavirus pandemic concludes.

According to one report released by the Bloomberg news outlet, these informal meetings between casino operators that concern the most iconic casino destination also examine whether the state of Nevada’s officials should allow smaller-scale businesses to re-open first to get the local residents back to work. These smaller businesses in question here are located near the iconic Las Vegas Strip.

The same news outlet also reported that all casino gambling-friendly venues located in the state of Nevada will remain closed until at least the end of this month. Executives of these facilities have also discussed the possibility of establishing specific venues that would allow all casino works and some tourists to easily get tested for the highly-contagious coronavirus strain.

Ideas for Re-Opening Las Vegas Casinos

Officials of the most iconic casino operators which are responsible for Las Vegas-based casinos also discussed a variety of other ideas regarding ways to re-open their venues. One idea is to open such venues with a reduced capacity including opening only one-third of hotel rooms, screening all guests and visitors for elevated pressure as well as requiring all of casino and hotel employees and workers to wear gloves and masks. Another idea is to institute significantly increased distances between slot machines and gaming tables.

As reported on the 21st of April, the highly-contagious, potentially-deadly coronavirus strain has killed over 42,000 individuals in the United States as well as infected over 800,000 individuals while over 73,000 of them have recovered. For this reason, the casino executives and officials have discussed whether to request from local union to institute a series of rathe enhanced cleaning measures and techniques to combat the spread of the highly-contagious coronavirus.

Commenting on this possible request, Geoconda Arguello-Kline working for the Culinary Workers Union of the Local 226 branch said that facilities of all sorts have to include more people in order to ensure that all areas which are frequented by visitors, players and other guests are always clean. She added that the Local 226 branch is asking the firms to conduct more cleaning across all areas and these include their casino floors, hotel rooms, bars, and others.

The Richest Casino Market Globally

The casino market in Las Vegas is doubtlessly the riches, the most thriving in the world as it is packed with a variety of iconic casino facilities that are operated by a handful of prominent casino operators including Wynn Resorts Limited, Las Vegas Sands Corporation, MGM Resorts International and Caesars Entertainment Corporation.

These companies were ordered to temporarily close down their facilities including hotels and casino floors for at least thirty days. The order came from Nevada Governor Mr. Sisolak who made the decision back on the 18th of March. Once the period of thirty days was over, the initial shutdown period was extended until the 30th of April. With this date approaching, Las Vegas-based casino operators are discussing ways to combat the negative consequences of the coronavirus crisis as well as ways to get back to work and start welcoming guests while at the same time protecting every worker, employee, visitor and everyone else.

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Melco Resorts and Entertainment Ltd. Pondering Difficult Future of Macau https://gamblersnews.com/melco-resorts-and-entertainment-ltd-pondering-difficult-future-of-macau/1376/ https://gamblersnews.com/melco-resorts-and-entertainment-ltd-pondering-difficult-future-of-macau/1376/#respond Wed, 25 Mar 2020 22:49:31 +0000 https://gamblersnews.com/?p=1376 Melco Resorts and Entertainment Limited is one of the leading Asian casino operators whose boss just recently shared his thoughts on what the future might hold for Macau. The company is an owner, operator, and developer of entertainment and casino facilities across Asia. Melco Resorts Entertainment Limited is based in Hong Kong. It has been […]

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Melco Resorts and Entertainment Limited is one of the leading Asian casino operators whose boss just recently shared his thoughts on what the future might hold for Macau. The company is an owner, operator, and developer of entertainment and casino facilities across Asia. Melco Resorts Entertainment Limited is based in Hong Kong. It has been present in the industry since 2004.

Today, the company owns several fully integrated casino resorts such as the Studio City Macau property, City of Dreams Manila, City of Dreams Macau, and Altira Macau. At the time of its inception, Melco International Development decided to enter a joint venture with Crown Limited which is an Australian gaming company. This marked the establishment of Melco Crown Entertainment Limited which was rebranded as Melco Resorts and Entertainment Limited back in 2017.

Speaking of the company’s business ventures, Melco Crown acquired a 60% share in the Studio City Macau venue which is a luxurious, resort project located on Cotai. Following new legislation related to the industry in Japan, Melco Resorts and Entertainment Limited submitted its official application to the government of Osaka in hopes to be given necessary permissions to construct and run a fully integrated casino resort here. However, in 209 the company decided to focus on the Yokohama market.

Difficult Times for the Macau Casino Industry

Macau Resorts and Entertainment Limited’s Chief Executive Officer and Chairman Lawrence Ho Yau Lung just recently decided to share his thoughts on what the future may hold for Macau casinos. In one of his official press releases, he said that it could take a long time for the Macau gambling industry to fully recover from the extremely negative impacts of the most recent Wuhan virus outbreak which caused all of Macau casinos to temporarily close their doors for at least fifteen days.

According to one report by GGRAsia, he made this revelation during a conference call with major investors who at the time discusses his company’s fourth-quarter financial outcomes. As previously mentioned, the Hong Kong-listed Macau Resorts and Entertainment Limited company is responsible for a number of casino resorts and several of them are located in Macau including the Studio City Macau venue and City of Dreams Macau.

The company also runs the City of Dreams Manila facility in the Philippines and it is also hoping to soon open its five hundred-room City of Dreams Mediterranean development located in the village of Tserkezoi. Lawrence Ho Yau Lung told major investors that his company anticipates Macau to remain quiet for a long time following the Wuhan virus outbreak. He also told investors and shareholders that in his opinion the gambling industry in Macau will most likely face a number of other difficulties over the following four to six months.

Macau VIP Sector to Rebound First

Lawrence Ho Yau Lung also believed that the Macau VIP sector will be the very first to rebound as it is dependent on high-value players that come from all over Asia to Macau. After the conference was held, the company’s officials also revealed that the firm’s Macau properties stood at around $2.5 million regarding daily expenses while the company’s tally was lower for around $500,000 than before following the company initiating cost-cutting efforts and reductions in other costs across different business levels.

As reported by GGRAsia, the company’s fourth-quarter financial outcomes also show a 3% increase in operating revenues which hit $1.45 billion mainly thanks to the company’s performance related to its mass-market businesses. Nonetheless, the casino operator also posted a 46% diminution in income for the last three months which hit $68.1 million. At the same time, the company’s operational equivalent decreased by around 15% to reach $173.4 million while its earnings before amortization, depreciation, tax, and interest declined for around 4% to reach $409.8 million.

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Danville Issued Request for Proposal for Casino and Set January 13, 2020, as Deadline https://gamblersnews.com/danville-issued-request-for-proposal-for-casino-and-set-january-13-2020-as-deadline/1134/ https://gamblersnews.com/danville-issued-request-for-proposal-for-casino-and-set-january-13-2020-as-deadline/1134/#respond Wed, 15 Jan 2020 16:01:15 +0000 https://gamblersnews.com/?p=1134 Danville is a city in the state of Virginia situated on the Dan River. Thanks to its strategic location, the city was one of the major Confederate activities centers. As of 2010, the city’s population was around 44,000 citizens. What makes this area more special is that Danville is about to become home to a […]

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Danville is a city in the state of Virginia situated on the Dan River. Thanks to its strategic location, the city was one of the major Confederate activities centers. As of 2010, the city’s population was around 44,000 citizens. What makes this area more special is that Danville is about to become home to a brand-new casino which will surely attract many more visitors to the area.

The truth is that Danville is just one of many Virginia cities that are currently considering bringing this type of entertainment to their area. Unlike other interested cities, the independent city of Danville has already taken some crucial steps necessary to bringing such venue into the area. As reported several days ago, the city’s officials have already taken the following step regarding the process of licensing, constructing and finally operating a casino facility.

A Formal RFP Issued on the 2nd of December

The most common kinds of gambling in the states are commercial casinos, horseracing, charitable gambling, pari-mutuel gambling, state lotteries, and tribal casinos. When it comes to gambling in the state of Virginia, there are several major state laws which govern what kinds of gambling are legal and illegal within the state’s borders.

The state’s gambling laws are rather restrictive and according to them greyhound racing and casinos are prohibited, while at the same time off-track gambling at regulated gambling facilities and horse racing are allowed. Furthermore, the state of Virginia also allows several other types of gambling including charitable gambling in addition to wagering on games involving chance in privately-owned residences. Moreover, Virginia also sponsors one state lottery which features games including Mega Millions, scratch cards, Pick 4, Pick 3 and Powerball among other games of chance.

As of recently, the citizens of Virginia will vote on whether to allow their city to become home to a casino or not. On the 2nd of December, a formal RFP or Request for Proposal was issued by the Danville’s City Office’s Manager. According to this Request for Proposal, all interested companies and casino operators can submit their unique proposals for the city’s casino facility.

According to the official website of the city of Danville, all Request for Proposal responses from casino operators and other related companies will be used in order to determine which firm’s vision would be suitable and beneficial to Danville. Moreover, all Request for Proposal responses will be also used to collect valuable data that is necessary to make the right decision which will be beneficial to the residents of the area who will eventually vote on whether to allow a gambling facility in their community or not.

Interested Parties Allowed to Submit Two Proposals

As revealed by the city’s officials, all interested companies and casino operators are allowed to submit two official proposals with two different proposed sites. One of their proposed sites must use one of Danville’s IDA-owned properties including White Mill and Schoolfield while their second proposal would be of the firms’ choosing.

Commenting on the news, the city’s Manager Mr. Larking said in his official press release that the city officials anticipate major interested from different companies that would be beneficial to the region. He also added that all competing companies will be strictly evaluated according to their previous experience in the industry, the number of full-time and part-time jobs that their casino projects would bring to the area and others.

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Seminole Tribe Debuting Its Tampa Casino Expansion https://gamblersnews.com/seminole-tribe-debuting-its-tampa-casino-expansion/924/ https://gamblersnews.com/seminole-tribe-debuting-its-tampa-casino-expansion/924/#respond Thu, 24 Oct 2019 16:34:21 +0000 https://gamblersnews.com/?p=924 After investing around $720 million on a massive expansion project, the Seminole Tribe of Florida who owns and operates the Hard Rock Hotel and Casino facility situated in Tampa, Florida decided to bring the latest changes with plenty of fanfare. The facility’s grand opening including its casino floor started with smashing massive guitars followed by […]

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After investing around $720 million on a massive expansion project, the Seminole Tribe of Florida who owns and operates the Hard Rock Hotel and Casino facility situated in Tampa, Florida decided to bring the latest changes with plenty of fanfare. The facility’s grand opening including its casino floor started with smashing massive guitars followed by daredevils on wires and a great celebration party for the facility’s grand opening.

The Seminole Tribe of Florida which owns and operates this luxurious facility is one of the federally recognized tribes based in the state of Florida. Prior to entering the land-based casino market, the Seminole Tribe of Florida established a high-stakes bingo room and several smoke shops back in 1975. Its bingo room became one of the very first facilities of this kind owned by a federally recognized tribe.

When it comes to the tribe’s most popular gaming endeavor, it is the Hard Rock Hotel and Casino in Tampa, Florida which opened its doors back in 2004. This massive gaming and hotel complex is situated on the tribe’s Tampa Reservation property which sits east of Tampa on Interstate 4.

The Sixth-Largest Casino in the World   

The massive casino floor which covers around 190,000 square foot is actually the sixth-largest casino in the world. Since its opening date back in 2004, it has been expanded several times. Today, it includes loads of memorabilia related to the world of rock and roll such as musical instruments. There are multiple screens placed in the area which displays rock videos. Visitors can also check songs’ lyrics which are neatly displayed on the facility’s walls.

Among many services which it offers, the facility also includes a massive tour bus parking alongside food courts, dining areas, bars, and coffee shops. Besides its casino floor, The Seminole Hard Rock Hotel and Casino also includes a massive, twelve-story tower, a fitness center, pool, three garages with many popular restaurants including Council Oak Steak House, The Rise Deli, Rock and Raw sushi place, The Fresh Harvest food court, JuBao Noodle Palace and other.

The facility’s Hard Rock Café hosts amazing live stage performances. Then, other facilities included are the Rain Maker gift shop, Seminole Smoke Shop, Hard Rock Store alongside multiple bars situated around the massive casino floor. Moreover, visitors can find loads of musical memorabilia throughout the entire complex alongside other interesting features which just add to the overall excitement of visiting this place.

Celebrating the Grand Opening

The latest expansion of this luxurious facility deserved a great grand opening and for this event, the Seminole Tribe of Florida went all out. On the night of the grand opening, Nik Wallenda who is a skywalker entertained the public as he alongside his mother took to the skies to walk a high suspended wire between the property’s new and old towers. The event also included smashing guitars along with a dancing routine performed by awesome Light Balance troupe.

This event also brought together several celebrities who walked a grandiose red carpet which was also set. Some of the bigger names which attended the event include Christie Brinkley, Nicole Kidman, and Keith Urban. Today, this property accumulates over $1 billion in gross revenues.

The brand itself includes more than 45,000 employees across the world at two hundred and fifty-four properties. In terms of profitability, this venue enjoys the biggest success and reputation in North America. The latest expansion to the facility took more than two years to be completed. Today, the casino floor covers a massive area of 245,000 square feet. It is packed with more than two hundred table games and five thousand slot machines.

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The City of Rockford Gives Hard Rock International Big Thumbs Up https://gamblersnews.com/the-city-of-rockford-gives-hard-rock-international-big-thumbs-up/893/ https://gamblersnews.com/the-city-of-rockford-gives-hard-rock-international-big-thumbs-up/893/#respond Tue, 15 Oct 2019 22:01:19 +0000 https://gamblersnews.com/?p=893 Revealed several days ago just after a press conference held on Monday, the City of Rockford’s Major Mr. McNamara said that he and the city’s other officials find the Hard Rock International’s proposal for a Rockford-based casino to be the most complete when compared to the two other proposals. Further, the Major said that the […]

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Revealed several days ago just after a press conference held on Monday, the City of Rockford’s Major Mr. McNamara said that he and the city’s other officials find the Hard Rock International’s proposal for a Rockford-based casino to be the most complete when compared to the two other proposals. Further, the Major said that the city’s officials recommend the Hard Rock International proposal to City Council.

Back on the 30th of August, the Seminole Tribe-owned company was the very first casino operator to submit its proposal for the City of Rockford’s new casino license. This proposal includes building a casino and resort located on the former Clock Tower property of East State Street. As revealed in July several months ago, the property should include a casino, café, as well as a massive, two thousand-seat venue for concerts and other entertainment activities.

Hard Rock International as One of the Leaders 

As previously mentioned, the Hard Rock International company is owned and operated by one of the federally-recognized tribes, the Seminole Tribe of Florida. Alongside the Miccosukee Tribe of Indians and Seminole Nation of Oklahoma, Seminole Tribe of Florida is one of three Seminole entities that are fully federally recognized. Since 1957 when the tribe received this status, it has several Indian reservations across Florida.

Before the Hard Rock International company which is today one of the most prominent casinos and hotel operators in the states, the Tribe established a high-stakes bingo room in 1975 when everything began. This bingo hall was one of the very first tribal endeavors of this kind in the states. Today, the Tribe operates several casinos and hotel properties including the Hard Rock Hotel and Casino located in Atlantic City which opened its doors back on the 2nd of April 1990.

This casino and hotel is definitely one of the most popular ventures of this kind formerly known by its name the Trump Taj Mahal besides a massive casino floor and hotel suites, the property includes Hard Rock café, as well as several restaurants including Moon at Dynasty, Mulino New York, Dynasty II, Sultan’s Feast and Robert’s Steakhouse. Something similar including restaurants and other dining areas is also planned for the City of Rockford’s casino and hotel.

Great Economic Impact on the City’s Finances

According to the Hard Rock International officials, their Rockford casino proposal would bring around one thousand and two hundred construction jobs as well as around one thousand permanent part-time and full-time jobs once the casino opens its doors. As one of the leading names in the industry, this casino if build and operated by the Hard Rock International company would surely draw bigger global appeal.

On their part, the City of Rockford’s officials said that the Hard Rock International’s proposal for the casino and related financial structure is rather credible. The same report also shares more details such as that the proposal also includes minimum tax guarantees on gambling which are both sustainable and realistic. Another detail revealed about the proposal in question is that it also covers revenue payments which would doubtlessly positively impact the city’s finances.

As one part of the potential business agreement between the City of Rockford and Hard Rock International, the company has also agreed to pay the city at least $7 million yearly in taxes on gaming plus other commitments that apply as determined by the city’s officials. All in all, no matter which proposal wins in the end, the City of Rockford would benefit financially while more than two thousand people will find permanent and temporarily jobs among other advantages. The other two proposals came from businessmen Kjell Kaashagen and Henry Leong and from Ren Clewer of Gorman & Co.

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ORYX Gaming Selection Goes Live at LeoVegas Casino https://gamblersnews.com/oryx-gaming-selection-goes-live-at-leovegas-casino/838/ https://gamblersnews.com/oryx-gaming-selection-goes-live-at-leovegas-casino/838/#respond Wed, 25 Sep 2019 13:18:00 +0000 https://gamblersnews.com/?p=838 As of recently, LeoVegas Casino’s customers can access ORYX Gaming’s extensive selection of partner and proprietary games. This was made possible thanks to the latest partnership deal between the operator and the content supplier. More specifically, ORYX Gaming’s subsidiary Bragg Gaming Group has inked a business deal with LeoVegas Casino which will see the company’s […]

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As of recently, LeoVegas Casino’s customers can access ORYX Gaming’s extensive selection of partner and proprietary games. This was made possible thanks to the latest partnership deal between the operator and the content supplier. More specifically, ORYX Gaming’s subsidiary Bragg Gaming Group has inked a business deal with LeoVegas Casino which will see the company’s gaming selection available to the casino’s customers via its enriched Oryx Hub platform.

ORYX Gaming is a prominent online casino software development company which always responds rapidly to emerging changes within the highly competitive iGaming market. The company has developed a modular gaming platform through which It supplies all sorts of modern scalable, highly flexible systems to serve all of the needs of iGaming operators. ORYX Gaming was established back in 2010 from the small, outset company.

The primary goal of the ORYX Gaming’s officials and leaders was to develop an online gaming platform which different gaming operators could fully rely at all times on. However, this was a great challenge as iGaming platforms are extremely complex as they rely on a variety of systems that have to be integrated with loads of third parties, firewalls, payment systems and more. Hence, it took ORYX Gaming two years to perfect its iGaming platform which finally reached the market back in 2012.

Focusing on the B2B Gaming Market

In order to achieve its goal, the company has brought together a big team of experts including customer support experts, software developers, graphic designers and many other individuals who are today the company’s strongest team responsible for both developing and maintaining the company’s gaming platform. Today, ORYX Gaming is mainly focused on the B2B market. ORYX Gaming has offices in Malta, Estonia, Slovenia and even in the United States.

When it comes to its subsidiary Bragg Gaming Group, this company was established back in 2018, so it is one of the newcomers. Bragg Gaming Group is mainly focused on identifying iGaming opportunities within B2C and B2B companies. Besides working alongside Bragg Gaming Group, ORYX Gaming as one of the leading online casino software development companies has also partnered with a number of other companies such as Golden Hero and Gamomat.

Golden Hero whose partner company is prominent JackpotJoy Plc parented with ORYX Gaming in February of 2018. When it comes to its latest partnership deal with LeoVegas Casino, the company’s Managing Director Matevž Mazij said in his official press release that LeoVegas Casino makes a perfect business partner for his company which will help ORYX Gaming to broaden its iGaming distribution network alongside this extremely reputable brand.

Leading European iGaming Brand with a Remarkable Mobile Gaming Offering

As previously mentioned, LeoVegas Casino is definitely one of the most visited iGaming operators in the industry with an impeccable mobile gaming offering. Partnering with this huge brand for ORYX Gaming means also expanding its network of business partners as well as reaching more customers across different gaming platforms which can now enjoy its digital content at LeoVegas Casino.

Meanwhile, the LeoVegas Casino’s Manager Mats Anderson said that his company is delighted to finally offer the ORYX Gaming’s newly enriched gaming platform to its customers. It should be noted that the ORYX Hub gaming platform includes more than eight thousand games from more than eighty top iGaming providers. Moreover, there are also collections of advanced tools as well as loads of bonuses and promotions such as jackpots, tournaments, and leaderboards.

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Red Rake Gaming Expanding Its Portfolio with Two New Titles https://gamblersnews.com/red-rake-gaming-expanding-its-portfolio-with-two-new-titles/822/ https://gamblersnews.com/red-rake-gaming-expanding-its-portfolio-with-two-new-titles/822/#respond Fri, 20 Sep 2019 21:08:35 +0000 https://gamblersnews.com/?p=822 As it was released in its official statement, one of the most innovative online casino content developers Red Rake Gaming is enriching its already impressive gaming library with two new exciting titles, Roulette and Frenzy Discs. With these two new games offered by the Valencia-based company, players will get to enjoy more innovative options alongside […]

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As it was released in its official statement, one of the most innovative online casino content developers Red Rake Gaming is enriching its already impressive gaming library with two new exciting titles, Roulette and Frenzy Discs. With these two new games offered by the Valencia-based company, players will get to enjoy more innovative options alongside super-interesting features and unique gaming layouts just as expected from Red Rake Gaming.

The company was established back in 2011 and since those times, Red Rake Gaming has grown to become of the leading names in the marketing and development of casino games. The company’s main focus is the development of slot games, while its gaming portfolio also includes loads of other exciting games of different kinds. The company’s gaming software is available in many different languages which demonstrates the company’s global availability.

A Number of Mobile-Friendly Games

In addition to crafting slot games, Red Rake Gaming has also released video poker games, video bingo games, and classic table games. Some of its most popular slot games include Bonnie and Clyde, 3 Butterflies, Heidi at Oktoberfest, Judges Rule the Show, Eastern Goddesses, Mega Stellar, Mysteries of Egypt, Ragin’ Buffalo, Siberian Wolf, Speed Heroes, The Adventures of Ali Baba, The Asp of Cleopatra, Speed Heroes, Viva Las Vegas, Wildcano, The Secret of the Opera and Tiger and Dragon.

It is worth mentioning that many of these exciting slot games are accessible via mobile devices so that fans of mobile gaming can enjoy them any time and any place. Before being focused on developing real money casino games, the company emerged on the scene as a social games content developer which changed back in 2015. This year Red Rake Gaming made the switch in its business and started offering real money games.

When it comes to its licensing, Red Rake Gaming has done an excellent job to become fully licensed and regulated across many different jurisdictions that sanction online gambling. The company holds licenses in the United Kingdom, Spain, Germany, Portugal, Sweden, Italy, and many other European countries. It is worth mentioning that all of its games are regularly tested for randomness and fairness by the BMM Spain Testlabs company.

New Roulette Release and Frenzy Discs

As mentioned at the beginning, Red Rake Gaming has prepared two new, exciting releases. The first release named Frenzy Discs Twin Numbers is a brand-new game with a design and style of exciting roulette games. The game is quite simple, yet very rewarding and engaging. Here, players have the opportunity to scoop remarkable prizes for guessing which numbers of the two active balls fall into the two discs.

Besides its awesome payouts, Frenzy Discs Twin Numbers is also beautifully rendered packed with super-realistic physics and high-quality graphics which definitely add more to the overall excitement provided by the game. According to the company’s official press release, the Frenzy Discs Twin Numbers is the very first version of this unique game while more exciting versions will hit the industry in some time. In fact, the company is already working on Frenzy Discs 16 Balls which can be played via DEMO mode.

In addition to its Frenzy Discs Twin Numbers game, Red Rake Gaming has also crafted a brand-new roulette game that comes packed with four different modes including VIP, French, American and European modes. The games are rich in amazing 3D graphics, they offer truly realistic experiences and grab players’ attention from the very first moment of playing.

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Genting Hong Kong Limited Selling Stakes in Its Flagship Dream Cruises Brand https://gamblersnews.com/genting-hong-kong-limited-selling-stakes-in-its-flagship-dream-cruises-brand/731/ https://gamblersnews.com/genting-hong-kong-limited-selling-stakes-in-its-flagship-dream-cruises-brand/731/#respond Mon, 26 Aug 2019 15:26:46 +0000 https://gamblersnews.com/?p=731 One of the biggest cruise operators, the Dream Cruises brand, owned and operated by Genting Hong Kong Limited is facing some big changes. As it was reported by GGRAsia recently, Asian-operator of cruise ships Genting Hong Kong Limited has announced the signing of a business deal which will see the company selling about 35% of […]

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One of the biggest cruise operators, the Dream Cruises brand, owned and operated by Genting Hong Kong Limited is facing some big changes. As it was reported by GGRAsia recently, Asian-operator of cruise ships Genting Hong Kong Limited has announced the signing of a business deal which will see the company selling about 35% of stakes in its flagship brand Dream Cruises.

The same report also details that the company is selling its stake to an entity which is controlled by TPG Growth company. The Hong Kong-listed company used its official press release filing in order to reveal that this business agreement will involve the company offloading a minimum of 24.5% Dream Cruises shareholding to a venture TPG Darting the following month. The company also plans on disposing of an additional of 10.5% of its Dream Cruises brand to the same buyer before the year ends.

Luxurious Cruise Lines Since 1993

Genting Hong Kong Limited is a leading Asia-based holding company which operates multiple resorts and cruise businesses. The company is also a member of the prominent Malaysian Genting Group. It owns several different brands including Star Cruises, Dream Cruises, Crystal Cruises, Resorts World Manilla as well as the popular Lloyd Werft dockyard.

The company’s luxurious cruise lines were established back in 1993 when Star Cruises emerged on the scene. This cruise line operated the massive Asia-Pacific market with headquarters in Hong Kong. Star Cruise is the eighteenth biggest cruise line in the world after Royal Caribbean Cruises, Carnival Corporation, and fifteen others.

The company positions its Star Cruises line only for the contemporary market. Seven years after its establishment, the company’s Star Cruises division bought Norwegian Cruise Line which was sold in 2007. Then in 2015, Genting Hong Kong Limited bought Crystal Cruises that specialized in the luxury international market. In November of 2016, Genting Hong Kong Limited revealed its new brand, Dream Cruises which is another luxury cruise line.

Three Ships Operated Under Dream Cruises Brand

Genting Hong Kong Limited which is a subsidiary of a prominent Asia-based casino operator named Genting Malaysia Berhad already divulged the very first shares tranche for which it received around $342 million. The company will also receive $147 million once the business deal is all done.

Furthermore, the multi-billion worth operator which is responsible for Star Cruise and Crystal Cruise in addition to Dream Cruise also declared that its newest business partner has already agreed to award the company with extra incentive payments purely based on the expected achievement of profitability level of the Dream Cruises brand and expected profit delivery of each of the Dream Cruises ships.

The company currently operates three Dream Cruise ships including the World dream, Genting Dream and Explorer dream. As reported by GGRAsia, each of these three Genting Dream Cruise ships feature massive casino floors with a great selection of gaming tables and slots. Their customers usually come from ports in Singapore and China while this may change with TPG Darting in the picture.

Commenting on the news, the Genting Hong Kong Limited officials stated that its newest business partner is a highly reputable institution and that its presence in Dream Cruises will definitely help the company grow and expand further. The company’s officials also said that this partnership deal will definitely increase the overall company’s liquidity as well as help it fund its further expansion including funding a new ship program.

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Potawatomi Hotel and Casino Applies to Build a Casino in Waukegan, Illinois https://gamblersnews.com/potawatomi-hotel-and-casino-applies-to-build-a-casino-in-waukegan-illinois/708/ https://gamblersnews.com/potawatomi-hotel-and-casino-applies-to-build-a-casino-in-waukegan-illinois/708/#respond Tue, 20 Aug 2019 22:08:30 +0000 https://gamblersnews.com/?p=708 Shortly after the Waukegan’s major stated that the city has an already prepared and ready property for a new commercial casino, the Potawatomi Hotel and Casino’s officials announced that the company has already submitted an application to build and run a casino in this area. More specifically, the company wants to build a commercial casino […]

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Shortly after the Waukegan’s major stated that the city has an already prepared and ready property for a new commercial casino, the Potawatomi Hotel and Casino’s officials announced that the company has already submitted an application to build and run a casino in this area. More specifically, the company wants to build a commercial casino in Waukegan which is an Illinois city located halfway between Milwaukee and Chicago.

The city of Waukegan is actually the largest city in Lake County in Illinois. It is also a part of the growing Chicago metropolitan region. As stated in 2013, the city had a population of around 88,826 residents which makes it the state of Illinois’ ninth most populous city. Believed by many experts and historians, Waukegan was founded in 1829 named after little fort or fortress.

The city has a great location for a commercial online casino as it located around thirty-five miles of Downtown Chicago and around ten miles of the state’s border. After the city’s major revealed that the city is looking for potential gambling facility developers, many responses were submitted in just several days and one response came from Potawatomi Hotel and Casino.

A Native American Casino in Wisconsin

Potawatomi Hotel and Casino formerly known as Potawatomi Bingo Casino is one of the leading Native American gambling facilities in Wisconsin. The facility opened its doors in 1991, which makes it one of the longer-lasting facilities of this kind. Its flagship facility is located near Downtown Milwaukee in the Menomonee Valley.

In addition to being a luxurious hotel, this is also a massive entertainment facility which offers a variety of options such as a massive, twelve-table poker room, dining and restaurant options, and a massive food court with small restaurants. There is also a theater and lodge included which combine dining and entertainment. When it comes to its casino facility, it underwent a great expansion in summer 2008.

At the time, the casino expanding its number of table games to sixty and its number of slot machines to over three thousand. Back in May two years ago, the casino and hotel’s owner Forest County Potawatomi announced that the facility will be expanded to include more hotel rooms and suites in addition to big meeting space and spa. As of now, Potawatomi Hotel and Casino has one of the biggest gaming floors in the entire country including a massive bingo hall that can accommodate more than two thousand players.

Looking Forward to Expanding

Since its establishment in 1991, Potawatomi Hotel and Casino is looking forward to expanding in some other state. Considering the fact that Waukegan is currently in search of a developer to build a first-class entertainment facility, the facility’s officials believe that this is an amazing opportunity to fulfill their long-term goal. Having a great reputation in its gaming market and having successfully operated for several decades, this facility is a great fit for the Waukegan’s upcoming project.

Building a new commercial casino in the state is possible thanks to the state’s Governor Mr. Pritzker signing a newly proposed bill related to new casinos into law on the 28th of June. This bill among other things allowed the state’s gambling industry expansion with new gaming licenses for several cities in the state including Waukegan, Chicago, and Rockford.

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