News

A European Las Vegas to be built in Slovenia

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In the region of Nova Gorica, in the border between Slovenia and Italy, there will be built in the next four years something like a European Las Vegas, according to an agreement which was signed this week between the Slovenian company Hit and the American society Harrah’s Entertainment.

The complete investment is thought to be of about 750 million euros and the idea is to try and attract around six million tourists to this new entertainment complex, which would hire 90 per cent of foreign people.

ATM’s to be removed from gaming rooms

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Franco La Porta, head of the Institute of Lotteries and Casinos of Buenos Aires, has ordered the removal of ATMs from all the gambling rooms in the Buenos Aires province.

The measure was announced during the opening of a Care Center for Compulsive Gamblers in the city of Pergamino and it plans the elimination of automatic cashiers from bingo rooms, as well as casinos, racetracks, horse agencies and Province lottery agencies.

Casino deals mix US stocks

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Several casino stocks rose and key indexes ended close to record highs after investor Kirk Kerkorian expressed his interest in expanding his casino holdings in Las Vegas.

Kerkorian, whose investment company –Tracinda- already owns 56.3 percent or the MGM Mirage conglomerate, talked about buying the Bellagio Hotel and Casino, as well as the MGM Mirage’s CityCentre. The CityCentre complex is being built near the Bellagio. It includes several hotels, a casino – hotel, private residences and a shopping center.

Las Vegas police have the suspect but not his name

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A Panamanian businessman says that the suspect of a fatal explosion in a Las Vegas Casino has stolen his identity, and the police have recognized that they actually don’t know the real name of the man they have put in jail.

Omar Rueda Denvers, from Panama City, said to the press that he was surprised to see his name in a press note that identified a man who was accused of murder for the explosion caused on May 7th in front of the Hotel-Casino Luxor located in the main street of Las Vegas.

Punto y Banca Casino reopens its doors in Argentina

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The Punto y Banca Casino in Puerto Madryn, Argentina, reopened its doors after a big remodeling of its facilities. The new casino has been updated to the maximum, and the manager has announced among the new changes a more modern architecture, new game rooms and more machines for users.

The remodeling process started two years ago and a big effort and investment has been made to set it all new.

About 17,000 dollars were found in a casino

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The cleaning people working in an old New Jersey casino were doing their job when they run into over 17,000 dollars in coins that had been waiting underneath the machines.
The Sands Casino of Atlantic City closed its doors last November in order to be transformed into a mega casino. While they were moving the machines around, those in charge of cleaning the place had the hope of finding some coin, although they didn’t expect to find 17,193.34 dollars.

Middleboro to become home of Indian Casino

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Detroit casino developer Herb Strather, the financial supporter of the Mashpee Wampanoag Indians, has signed an agreement to purchase 125 acres of land in Middleboro for $1.7 million. Reportedly, the parcels of land could be used to build a casino complex.
Middleboro Selectman Wayne Perkins said he supports the idea of a casino in the city since it will create jobs for the area. Mashpee Wampanoag Tribe Chairman Glenn Marshall explained that the tribe had not decided on Middleboro but wanted to take action when the land came up for auction.

Japan to open up to casinos

Since Japan announced that it would change its strict gambling laws so as to attract rich Asian tourists, the most important casino operators have started to race for a place in the country’s vast market. Japan would be one of the last countries to joint the gambling boom that is taking place in the region.
“Nowadays casinos are not considered to be evil places, whereas they might have been considered so 20 years ago,” analyst Aaron Fischer explained. “Across Asia over the last few years you've been seeing legalization of casinos including in Singapore and Macau.”

Tropicana Casino to turn 50

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Fifty years ago, the Tropicana Casino opened with an elegance and glamour that distinguished it from other casinos. Its luxurious rooms and splendid gardens earned it the nickname of “Tiffany of the Strip”. Rudy Spinosa, an 82-year-old employee who helped open the casino, says: “The tulip-shaped fountain at the front and tropical landscaping set the Tropicana apart from its contemporaries. Definitely nothing came close to it”.
The Tropicana was purchased in January by Columbia Entertainment, an affiliate of Columbia Sussex Corp.

Macau sweeps off Las Vegas

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In the last few years, Macau has become the biggest Asian region in terms of economic and tourist growth due to the huge investments received in the fields of gambling and casinos.

The casino industry has exploded in Macau since 2001, when the government terminated the monopoly run over the industry until that moment by Chinese businessman Stanley Ho, which permitted the arrival of prestigious foreign operators such as MGM, Las Vegas Sands, Australia’s Crown and Hong Kong’s Galaxy among others.

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