Galaxy Executive Advocates for Casino Space Limit in Thailand Summary Kevin Clayton, Chief Executive of Galaxy Resorts Thailand, has suggested that only five per cent of total entertainment complex floor space should be allocated for casinos. He emphasises that 95 per cent should be dedicated to hotels, retail, dining, and other attractions. Clayton argues that […]
Nevada Board Gives Initial Approval to IGT-Everi Megadeal Summary In a notable move, the Nevada Gaming Control Board has granted initial approval for a significant merger between International Game Technology (IGT) and Everi Holdings. This transaction, valued at $6.3 billion and facilitated by Apollo Global Management, could radically alter the landscape of gaming suppliers. Details […]
Sun International to drive GrandWest footfall with R600m shopping centre Summary Sun International is making a significant investment of R600 million to enhance the GrandWest Casino in South Africa with a new shopping centre covering approximately 22,000 m². This development is set to boost the retail and leisure offerings of the casino, which already features […]
Colombia’s National Tax and Customs Authority drafts new tax measures to regulate online gambling Summary The National Tax and Customs Authority (DIAN) of Colombia, alongside the Ministry of Finance, is drafting a new regulatory framework that could have a significant impact on the online gambling industry as part of an upcoming tax reform. Director Luis […]
Nevada Board Gives Initial Approval to IGT-Everi Megadeal Summary The Nevada Gaming Control Board has given initial approval for one of the largest mergers in the gaming supplier sector, involving International Game Technology (IGT) and Everi Holdings. This merger, valued at $6.3 billion and initiated by Apollo Global Management, is expected to reshape the landscape […]
Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’ Summary Russian lawmakers are making moves to impose a new tax on bookmakers, aimed at funding gambling addiction rehabilitation. This proposal, highlighted by Artem Metelev, Chairman of the State Duma’s Youth Policy Committee, seeks to have bookmakers contribute a percentage of their income […]
Sun International to drive GrandWest footfall with R600m shopping centre Summary Sun International is enhancing the GrandWest Casino experience by launching a new R600m shopping centre. Spanning 22,000 m², this development will increase footfall and complement existing entertainment options, including restaurants, an ice rink, and hotels. Source: https://sandbox.theglobalpractice.com/grandwest-81/ Key Points The shopping centre will cover […]
Nevada board gives initial approval to IGT-Everi megadeal Summary The Nevada Gaming Control Board has given initial approval for a significant merger between IGT and Everi, marking a pivotal moment in the gaming industry. This $6.3 billion deal could be finalised by the end of the month, reshaping the supplier sector. Source: https://ct.moreover.com/?a=56972470053&p=14e&v=1&x=eskaZWULVo0KgImtzX7VaQ&u1=ND&u2=up-urn:user:PA191813171 Key Points […]
Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’ Summary Russian lawmakers are proposing a new tax aimed at assisting the treatment and prevention of gambling addiction. The initiative, introduced by Artem Metelev, Chairman of the State Duma’s Youth Policy Committee, suggests that a portion of bookmakers’ revenue should be allocated for […]
Nevada board gives initial approval to IGT-Everi megadeal Summary The Nevada Gaming Control Board has granted initial approval for one of the largest corporate mergers in the gaming supplier sector, a move that could significantly reshape the industry. Apollo Global Management’s proposed $6.3 billion acquisition of International Game Technology (IGT) and Everi Holdings could close […]
