Caesars Korea, a major IR development project in Incheon, may have its license canceled in March due to the long suspension of construction activities and the failure to meet various benchmarks and commitments.
PlayUp, an Australian company that provides online Sports Betting, Horse Racing and Daily Fantasy Sports in Australia, New Zealand and India, has expanded its footprint across the US by acquiring a betting license in New Jersey. This is the second market access agreement that PlayUp has announced after the recent acquisition of their Colorado license.
Crown Resorts will not be opening its A$2.2 billion Sydney casino in December and will need to wait until February before it hears whether it will retain its license, which was thrown into further doubt after a last-minute admission of money laundering.
Despite some opposition, the Corporation of the City of Panaji, Goa, has resolved to renew the trade licences of the offices of all six offshore casinos which operate on the River Mandovi.
The New South Wales regulator will hold a meeting next week to discuss whether Crown Resorts can open its new Sydney casino in December as planned, raising concern as the company will not have concluded its defence.
New South Wales' Independent Liquor and Gaming Authority has scheduled a meeting for 18 November to decide whether Crown Resorts can proceed with a planned opening of its resort in Sydney in December.
Waterfront Philippines has won a long-running legal battle with the Philippines Amusement and Gaming Corp (PAGCOR) to build a new integrated resort in Manila and will be seeking partners to run the operation.
Crown Resorts management faces a nail biting few months as regulators mull the fate of its Barangaroo license in Sydney after lawyers winding up an inquiry into the company found it “unsuitable.”
There has rarely been a less edifying spectacle in 21st century corporate Australian history than the serial evisceration of the directors of Crown Resorts before the Bergin Inquiry into, among other things, the suitability of its subsidiary licensee of the Barangaroo casino.
Former Representative Angel A. Demapan, a House candidate in Precinct 1, said the revocation of Imperial Pacific International’s casino license or exclusivity should be “on the table.” Meanwhile, another company has stepped forward to sue IPI for breach of contract.