Gaming revenue rose 11% for the Chickasaw Nation in Oklahoma to more than $1.44 billion for the fiscal year that ended Sept. 30. "Net profits from our businesses are the highest ever in Chickasaw Nation history," said spokesman Tony Choate.
Skill-based games are on the rise in the US, with GameCo's video gaming machines appearing in seven casinos since November of last year. Gamblit Gaming entered the market later than its rival but can now be found at 12 casinos in Nevada, four in Oklahoma, one each in New Mexico and California, and on three cruise lines.
GVC is in negotiations with UK bookmaker Ladbrokes Coral Group to purchase a majority stake in the company. The talks come as the Department for Digital, Culture, Media and Sport considers lowering the maximum bet on fixed-odds terminals from $134 a spin to between $2.68 and $67 per turn.
The New Jersey Assembly passed a bill this week to legalize internet cafes at state racetracks. The proposal would allow racetracks to offer online gaming if they partner with an Atlantic City casino or an internet platform associated with one.
Construction began this week in on a Leech Lake tribal casino in Cass Lake, Minn. The gaming facility will cost up to $50 million and have four blackjack tables, 650 slot machines, 100 hotel rooms, a restaurant, brew pub and more.
Johnstown, Pa., City Councilwoman Marie Mock hopes to bring one of Pennsylvania's satellite casinos to the city. Bidding for the 10 Category 4 casino licenses is slated to begin in early 2018, with a minimum bid of $7.5 million, according to Pennsylvania Gaming Control Board official Dan Stambaugh.
Dragon is hoping its focus on Asia will help it gain a target of more than $400 million for its initial coin offering amid concerns over a bitcoin bubble. The company will use the funds to set up digital token exchange systems for junket operators and to build a floating casino hotel that only accepts Dragon tokens.
Legislators in Greece will soon vote on whether to allow three casinos to be built in Mykonos, Santorini and Crete. If passed, the bill would also change the nation's gaming tax to a flat rate and permit the Regency Casino Mont Parnes to move into Athens proper.
Casinos along Cambodia's Sihanoukville port are benefiting from an influx of Chinese money, residents and tourists. Gov. Yun Min has visited China to woo investors and says that about half the property in the city is already rented by the Chinese.
The Mashantucket Pequot and Mohegan tribes in Connecticut asked legislators to be included in any potential gaming expansion discussions. The written request follows an effort by MGM Resorts to gain support from a Bridgeport, Conn., business group for a $675 million casino resort in the city.
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