NorthStar Gaming Holdings Inc., a Canadian operator, announced a major leadership shift following the immediate departure of Michael Moskowitz from his roles as chief executive officer and chair of the Board of Directors. The company confirmed the change on December 8, noting that Moskowitz is no longer serving in either position after four years with the […]
Moody’s Ratings has issued a series of downgrades across Genting Berhad and two major subsidiaries after months of review, pointing to heavier debt loads and a slower rebound in earnings. The rating agency’s latest assessment affects Genting Berhad, Genting Singapore, and Genting Overseas Holdings, with each now carrying a “stable” outlook following the revision. Moody’s […]
The Sports Authority of Thailand has begun a formal review after Cambodian athletes arrived for the 33rd SEA Games wearing jackets that carried the NagaWorld casino logo. The development has drawn considerable public attention in Thailand, where questions quickly emerged about whether the display breached national restrictions on advertising activities connected to illegal gambling. According […]
Bally’s Corporation has arranged $1.1 billion in new loan commitments, setting the stage for debt refinancing and providing support for major development projects, including its pursuit of a full commercial casino license in New York. The package, backed by Ares Management Credit funds, King Street Capital Management, and TPG Credit, replaces a prior commitment agreement […]
quick and massive win for xposed ! source […]
New York City will probably soon see three new casinos, whose owners could rake in profits because of a recent surge in gambling in the United States that has some campaigners worried. The New York gaming facility location board this week approved three proposed casinos in the US’s largest city – two in Queens and […]