The VictoryLand casino in Shorter, Alabama was forced to close after a raid in 2013 carried out by the state’s Attorney General’s alleged that the casino was operating gaming machines deemed illegal by the state’s laws. The courts ruled in favour of the casino in 2015 and the casino was expected to open on September…
MGM China Holdings Ltd recently reported a drop in the rate of decline in its second quarter revenue which is yet another indication that Macau’s casino industry is stabilizing. The results for the second quarter for MGM China witnessed a decline of 19 percent in revenue when compared to the second quarter of 2015. MGM…
The Bahamian government has defended its decision of putting the struggling Baha Mar casino resort into provisional liquidation saying it was the only viable option available. The casino was put into provisional liquidation by the country’s Supreme Court at the request of the government last year after the developer filed for Chapter 11 bankruptcy during…
