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Special city counsel committee approves Bally’s Chicago casino plans

The Chicago casino plans of Bally’s Corporation are moving forward. Yesterday, a special City Council committee consisting of hand-picked chairs by the mayor, decided to approve the Bally’s project to continue to progress. Organized labor groups came out in support, and it seemed to be enough to get the job done. Bally’s has now moved …

Mexican casino industry lobbying for a unified industry tax regime

Twitter In Mexico and the Entertainment and Gambling Industry Permit Holders, Operators and Suppliers Association (AIEJA) trade group has reportedly called on the federal government to implement a unified casino industry tax regime. According to a report from a source, the organization’s President, Miguel Angel Ochoa, declared that the current tax system is ‘financially strangling …

Macau aggregated casino operator debt forecast to top $25 billion this year

Twitter Global brokerage and investments firm Morgan Stanley has reportedly warned that the combined debt of the six licensed casino operators in Macau could exceed $25 billion by the end of the year owing to China’s ongoing strict travel restrictions. According to a report from Inside Asian Gaming, the New York-headquartered financial services giant also …

Illinois judge rejects temporary Golden Nugget Danville restraining order

Twitter In the American state of Illinois and a judge has reportedly denied a temporary restraining order that would have immediately stopped the city of Danville from following through with work on the coming Golden Nugget Danville property. According to a Monday report from local television broadcaster WAND-TV, Illinois Fifth Judicial Circuit Court Judge Mark …