Casino & Betting News

Tokyo court rejects Okada appeal

Tokyo’s high court rejected has Japanese billionaire Kazuo Okada’s appeal against a lower court’s dismissal of a defamation lawsuit he filed against US casino operator Wynn Resorts.
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Cyprus clamps down on illegal gambling

A gambling bill that seeks to bolster the police’s capabilities by introducing strict penalties is expected to be passed by parliament in Cyprus before the summer recess.
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Caesars closes Showboat

Caesars Entertainment is to close its Showboat Atlantic City on August 31.
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Austrian casino licences revealed

The German-Swiss consortium comprising the Gauselmann Group and its partner Casino Baden AG has won its bid to develop a casino in the Austrian capital Vienna.
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US taxmen check Macau cash flow

US authorities are investigating the flow of money from Macau to ensure that American casinos with operations there are not used to funnel crime proceeds from Asia into the US financial system.
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Chinese company invests in Caribbean

Yida International Investment, a China-based investment group, plans to spend US$2bn to develop a destination resort with a casino on the Caribbean island nation of Antigua and Barbuda.
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