Casino & Betting News

Madrid Gaming Summit opens today

The biggest names from both the land-based and online gambling industries will today descend on the Spanish capital Madrid for the start of the World Gaming Executive Summit.
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Tribal casino plans advancing

The Los Coyotes Band of Cahuilla and Cupeno Indians have taken a step closer to opening a casino with more than 1,000 slot machines in southern California, US.
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Burke makes shock Rank return

Less than a week after resigning as chief executive of the Rank Group amid an acrimonious takeover by the Malaysian-backed investment firm Guoco Group, Ian Burke has made a shock return to the company.
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Fimalac invests in Cannes casinos

In a move worth €35m, French investment firm Fimalac has acquired a 10 per cent stake in Société Fermière du Casino Municipal de Cannes.
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'Disappointed' Guoco extends offer for Rank

The Guoco Group has expressed its "surprise and disappointment" at the resignations of Rank's top executives and the U-turns by its board in relation to its takeover offer. In a move likely to appease the concerns of some investors, its 150p per share offer has now been extended by 14 days.
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US Court in landmark tribal gaming decision

In a landmark decision that could have far-reaching consequences for tribal casinos, the US Supreme Court has chosen not to intervene in a dispute between the state of California and the Rincon Band of Luiseno Indians.
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