After paying an $11 million advance to a struggling Atlantic City casino it intended to buy, the parent company of the world’s largest online poker website was left with nothing for its troubles Friday when a judge ruled the casino had the right to scrap the deal.
New Jersey moved forward Friday with its plans to offer Internet gambling, issuing regulations on how the new online bets are to be handled. The state still has not set a date when Atlantic City’s 12 casinos may begin offering Internet bets.
Nevada regulators have approved Pinnacle Entertainment Inc.’s buyout of rival Ameristar Casinos Inc. The $869 million deal will more than double Pinnacle’s size.
Connecticut’s Foxwoods Resort Casino faces daunting hurdles as it joins a crowded race for the lucrative destination resort business in Massachusetts. The operators of the biggest casino in North America are proposing a $1 billion, 300,000-square foot resort.
Global Gaming Expo (G2E) Asia will bring the Venetian Macao alive from May 21 to May 23, 2013 as an estimated 6,500 attendees and 150 exhibitors and brands gather for the most vibrant networking, trade and educational showcase in Asian gaming.