In February 2013, the Philippines was up against a deadline to amend its Anti-Money Laundering Act and get itself off the ‘grey list’ of a global watchdog, and lawmakers were bickering over whether to include casinos under the legislation. With one day to go, a Congressional committee heard repeated pleas not to hamstring an industry that could rival other Asian gambling meccas by obliging casinos to report suspicious transactions.
Tag Archives: casinobiz
For bank heist hackers, the Philippines was a handy black hole
In February 2013, the Philippines was up against a deadline to amend its Anti-Money Laundering Act and get itself off the ‘grey list’ of a global watchdog, and lawmakers were bickering over whether to include casinos under the legislation. With one day to go, a Congressional committee heard repeated pleas not to hamstring an industry that could rival other Asian gambling meccas by obliging casinos to report suspicious transactions.
Oxford Asset Management Sells 53,635 Shares of Isle of Capri Casinos
Oxford Asset Management cut its position in shares of Isle of Capri Casinos by 21.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 195,054 shares of the company’s stock after selling 53,635 shares during the period.
Oxford Asset Management Sells 53,635 Shares of Isle of Capri Casinos
Oxford Asset Management cut its position in shares of Isle of Capri Casinos by 21.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 195,054 shares of the company’s stock after selling 53,635 shares during the period.
Sheldon Adelson Ready to Expand Las Vegas Empire
At the Friends of the IDF gala at the Waldorf Astoria in New York City, Sheldon Adelson, the chairman and CEO of the Las Vegas Sands Corporation, told the FOX Business Network’s Liz Claman that he is planning to expand his empire in Las Vegas, citing favorable economic conditions. “The economy depends upon tourism, and the tourism has been improving in Las Vegas for the last year or two,” Adelson said.
Sheldon Adelson Ready to Expand Las Vegas Empire
At the Friends of the IDF gala at the Waldorf Astoria in New York City, Sheldon Adelson, the chairman and CEO of the Las Vegas Sands Corporation, told the FOX Business Network’s Liz Claman that he is planning to expand his empire in Las Vegas, citing favorable economic conditions. “The economy depends upon tourism, and the tourism has been improving in Las Vegas for the last year or two,” Adelson said.
Kid Cudi and Pitbull pack 'em in; – One Night' means one community;…
The Kats Report Bureau at this writing is in recovery mode, having wound around the scene at Pitbull’s show Saturday night at Axis at Planet Hollywood and Kid Cudi at the Foundry in SLS Las Vegas on Sunday. Both of those shows were packed, each electrifying and yet another testament to the booking acumen by Live Nation, which is charged with delivering acts to those venues.
Views_YourVoice
Many of the neighborhoods near Churchill Downs are near to being blighted. Does Churchill Downs participate in any community outreach for the surrounding neighborhoods? The Republicans will get a taste of their own medicine if Trump is president.
Views_YourVoice
Many of the neighborhoods near Churchill Downs are near to being blighted. Does Churchill Downs participate in any community outreach for the surrounding neighborhoods? The Republicans will get a taste of their own medicine if Trump is president.
Teen dies after shooting near Churchill Downs
The shooting was reported near the intersection of Rodman and M Streets around 11:30 p.m. Tuesday. LOUISVILLE, KY A gunshot victim in his late teens died after an incident late Tuesday night near Churchill Downs.
Teen dies after shooting near Churchill Downs
The shooting was reported near the intersection of Rodman and M Streets around 11:30 p.m. Tuesday. LOUISVILLE, KY A gunshot victim in his late teens died after an incident late Tuesday night near Churchill Downs.
Alps Advisors Inc. Raises Stake in Alamos Gold Inc
Alps Advisors Inc. raised its position in shares of Alamos Gold Inc by 5.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,048,380 shares of the company’s stock after buying an additional 51,752 shares during the period.
Calhoun man wins instant $150K prize
A Calhoun man has clinched an ample prize from the Georgia Lottery. Anthony Carroll, 48, played the instant game Giant Jumbo Bucks, winning a $150,000 top prize.
Pinnacle shareholders approve sale-leaseback plan for 4 Louisiana casinos
Shareholders of Pinnacle Entertainment, which owns four casinos in Louisiana, approved a deal Tuesday to sell the company’s real estate assets to a casino property owner. At the special shareholder’s meeting, which was held at L’Auberge Baton Rouge, Pinnacle stockholders agreed to sell 14 of its 15 casino properties to Gaming and Leisure Properties Inc. Pinnacle would then lease back the casinos for an initial annual rent of $377 million.
Pinnacle shareholders approve sale-leaseback plan for 4 Louisiana casinos
Shareholders of Pinnacle Entertainment, which owns four casinos in Louisiana, approved a deal Tuesday to sell the company’s real estate assets to a casino property owner. At the special shareholder’s meeting, which was held at L’Auberge Baton Rouge, Pinnacle stockholders agreed to sell 14 of its 15 casino properties to Gaming and Leisure Properties Inc. Pinnacle would then lease back the casinos for an initial annual rent of $377 million.
The Winning Streak Continues At Eldorado Resorts
Eldorado Resorts Q4 2015 earnings announcement was the first which included pro-forma financials for the entire enterprise including the recent Silver Legacy / Circus Circus purchase. This pro-forma reveals a company producing significantly more EBITDA and cash flow than many may have realized, thereby improving the visibility of company.
Juegos Miami garners high-profile gaming support
Juegos Miami, the new event concept for the Pan-Latin American and Caribbean gaming industry , is winning widespread support from a growing number of notable players in the market. Just two weeks after announcing the launch of the event, which has been designed to embrace and meet the specific needs of the region, joint organizers Clarion Events and Urban Expositions have confirmed the support of a stellar list of gaming leaders including Novomatic, Merkur Gaming, Aristocrat, BMM, GLI and Ainsworth.
Adelson signals support for Trump: 'Why not?'
Las Vegas Sands Corp. CEO Sheldon Adelson speaks at the Global Gaming Expo, Wednesday, Oct. 1, 2014, in Las Vegas. Republican megadonor Sheldon Adelson seems at peace with the prospect of Donald Trump becoming the Republican nominee for president in 2016.
Adelson signals support for Trump: 'Why not?'
Las Vegas Sands Corp. CEO Sheldon Adelson speaks at the Global Gaming Expo, Wednesday, Oct. 1, 2014, in Las Vegas. Republican megadonor Sheldon Adelson seems at peace with the prospect of Donald Trump becoming the Republican nominee for president in 2016.
Won the lottery? You may have to turn some of that jackpot over to Pennsylvania
Winning the Pennsylvania Lottery may be a little less lucrative in a proposal that would allow the state to take a share of the jackpot through income tax. Let’s use January’s $1.5 billion Powerball jackpot as an example.