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Iowa State Senator received $23,000 PAC donation from casino critic

In the American state of Iowa and it has reportedly been revealed that a senior legislator received a political action committee (PAC) donation of $23,000 before introducing a measure that looks to place a two-year moratorium on an envisioned casino for the city of Cedar Rapids. According to a report from local television broadcaster KCRG-TV […]

Las Vegas Visitors Authority Approves Record $398M Budget

The Las Vegas Convention and Visitors Authority (LVCVA) this week approved a $398 million budget for its 2022-23 fiscal year. It’s the largest spending plan in the history of the Nevada government agency that was formed back in 1955.

Las Vegas Convention Center LVCVA visitors authority
The exterior of the Las Vegas Convention Center’s West Hall and West Station on the Las Vegas Convention Center Loop. The Las Vegas Convention and Visitors Authority, which owns and runs the Convention Center, has a budget of nearly $400 million for its 2022-23 fiscal year. (Image: Las Vegas Review-Journal)

The LVCVA is tasked with promoting the destination for le

Andrew Rhodes Moves to Full CEO of UK Gambling Commission

Andrew Rhodes no longer has to carry the “interim” in front of his title as chief executive of the UK Gambling Commission (UKGC). The gaming regulator officially designated him its CEO today.

Andrew Rhodes
Andrew Rhodes is transitioning from interim chief executive to permanent CEO of the UKGC. This will give him more stability to oversee the regulator. (Image: UKGC)

Rhodes has been the interim chief executive of the UKGC since late last year. He joined the commission in 2021, originally for an 18-month term. This followed a number of senior roles at public and private secto

New UK Gambling Commission Chairman Plans to Take Harder Line With Regulatory Offenders

Not a sufficient model currently

The UK Gambling Commission (UKGC) chairman has revealed plans to take a harder line on regulatory offenders. Marcus Boyle, who became chairman of the UKGC in September, made his first public statement this week since taking office. In an op-ed in The Sunday Times, Boyle laid out a roadmap to get to a better regulatory environment.

He mentioned how he has been working to identify any beneficial changes for both the industry and consumers since he got into office. One of the key areas of improvement that Boyle highlighted is cracking down on operators that

New UK Gambling Commission Chairman Plans to Take Harder Line With Regulatory Offenders

Not a sufficient model currently

The UK Gambling Commission (UKGC) chairman has revealed plans to take a harder line on regulatory offenders. Marcus Boyle, who became chairman of the UKGC in September, made his first public statement this week since taking office. In an op-ed in The Sunday Times, Boyle laid out a roadmap to get to a better regulatory environment.

He mentioned how he has been working to identify any beneficial changes for both the industry and consumers since he got into office. One of the key areas of improvement that Boyle highlighted is cracking down on operators that

Big Bola Casino Owners Face Money Laundering Allegations

Big Bola back in trouble

Big Bola Casinos, a Mexican-based gaming company, is facing a string of allegations regarding participating in money laundering.

frozen 55 bank accounts connected to Big Bola

Authorities have already intervened and frozen 55 bank accounts connected to Big Bola as ordered by Mexico’s National Banking and Securities Commission (CNBV). Big Bola’s owners and brothers Óscar and Francisco Javier Rodríguez Borgio have been under investigative watch since 2012 for different reasons, including money laundering, sale of stolen fuel at their gas stations, and the illegit

Big Bola Casino Owners Face Money Laundering Allegations

Big Bola back in trouble

Big Bola Casinos, a Mexican-based gaming company, is facing a string of allegations regarding participating in money laundering.

frozen 55 bank accounts connected to Big Bola

Authorities have already intervened and frozen 55 bank accounts connected to Big Bola as ordered by Mexico’s National Banking and Securities Commission (CNBV). Big Bola’s owners and brothers Óscar and Francisco Javier Rodríguez Borgio have been under investigative watch since 2012 for different reasons, including money laundering, sale of stolen fuel at their gas stations, and the illegit

Macau Casino Operators’ Debt Burdens Rising, But All Likely to Survive

Shares of Macau concessionaires remain bad news/good news propositions, and Morgan Stanley’s updated forecast on the group’s debt burden confirms as much.

Macau concessionaires
The Cotai Strip in Macau. Debt burdens for operators there could increase, but most will survive. (Image: Bloomberg)

The bad news is that the investment bank sees the combined debt of the six Macau casino operators potentially swelling to $25 billion by the end of this year — up from a prior forecast of $23 billion issued just two months ago. It’s possible that figure could stretch to $27 billion if travel restrictions remain in place well i

Imperial Pacific Int’l Pulls Another Magic Trick to Hold Saipan Casino License

Imperial Pacific International (IPI) has done it again. The casino operator figured out a last-minute maneuver to avoid losing its casino license in Saipan, keeping alive its dream to bring the Imperial Palace resort back to life.

Imperial Palace dragons
The Imperial Palace crystal dragons were a sign of good luck and fortune. Imperial Pacific International continues to find good luck in being able to hold on to its license. (Image: Lasvit)

IPI has been fighting a losing battle in the Commonwealth of Northern Mariana Islands (CNMI) for the past few years. What should have been the sta

Bally’s Rhode Island Casinos Take Property Tax Challenges to Court

The two Bally’s Rhode Island casinos have filed lawsuits in state court seeking to reduce their respective property tax obligations for 2021.

Bally's Rhode Island casinos Lincoln Tiverton
Bally’s Twin River Lincoln Casino is seen open amid the COVID-19 pandemic in the summer of 2020, with social distancing protocols in place. Bally’s is appealing its property tax assessments for both of its Rhode Island casinos. (Image: Providence Business News)

The Bally’s Corporation — formerly Twin River Worldwide Holdings — says it has overpaid in the form of property taxes for its two casino properties in the state. T

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