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News Archive October 2007

Dubai World to Invest $5.1 billion in MGM Mirage
18.10

Government controlled Dubai World plans to invest $5.1 billion in MGM Mirage. Dubai Worlds investment will help MGM in its real estate plans.

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MV Philippine Dream in Government Hands
17.10

The MV Philippine Dream was repossessed by the government until the winning bidder receives the rest of the money. The former owner of the vessel said that they will talk with the BIR to appeal the case.

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Gateway Owned Baccarat Casino May Move to the Arena Complex in Edmonton
16.10

Baccarat Casino is open to the possibility of moving into an arena complex in the downtown area. Aside from the casino, the arena will have a hotel, condos, apartments and a restaurant.

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Detroit Casino Post Higher Profits July
15.10

The casinos in Detroit posted a bigger profit in July compared to the same period last year. The Gaming Board also discussed the violation of the Greektown Casino.

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The Mashpee Tribe Secures an Option to Buy More land in Middleborough
14.10

The Mashpee Tribe has secured the chance enlarge their land in Middleborough. Scott Ferson said that the tribe will exercise this option after their land trust is approved.

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Hunt and Smoot Construction Chosen By PITG Gaming for Casino
11.10

PITG Gaming has chosen Hunt and Smoot Construction to build a casino in Pittsburgh. Sam Marshall said that they are confident that both contractors will help them accomplish their goal.

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PBL-Macquarie Buyout Extended Until October 24th, 2007
10.10

The buyout venture of PBL and Macquarie on Canadian Gateway Casinos was extended until October 29th. If the venture succeeds, New World Gaming will control nine casinos in North America.

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Mount Airy Casino Chooses Agilsys for Casino Solutions
09.10

Mount Airy Casino facility has chosen Agilsys for their property management, inventory procurement and POS software solutions. The casino is scheduled to open on October 2007.

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Las Vegas Sands Aims to Get Record Loan for Singapore Casino Construction
02.10

Las Vegas Sands is hoping to get a record loan in Singapore money to finance the construction of the casino in the country. Gaming activities in Asia is expected to grow by 15.7%.

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