The eagerly anticipated Caesars Virginia casino remains on course for its grand opening in the fourth quarter of this year, a timeline confirmed by Ray Dunkle, the Virginia Lottery’s director of gaming operations.

During a recent Virginia Lottery Board meeting in Richmond, Dunkle expressed enthusiasm about the pace of construction. “The permanent casino, the construction there is moving great,” he noted, signaling promising progress toward the project’s completion. Significant progress in construction and offerings: Dunkle described a transformed construction site, indicating a substantial change in the appearance of […]

Park Vancouver’s copper glass U-shaped building is an attractive addition to the skyline of a truly bustling Canadian city.

The idea for a destination resort known as the largest private development ever in British Columbia was devised in 2006 when developer Paragon Gaming purchased the struggling edgewater casino located in downtown Vancouver. The Las Vegas-based gambling company paid C$43 million every six months to save property that was losing about C$9 million. The facility […]

The company behind the project, Udenna Corporation, expects to start the project in the near future.

Davao-based Dennis Uy aims to expand its Philippine operations. Earlier this year, Cebu City Council received an application from Udenna Development Corporation (Uy-owned holding company) requesting casino licenses from Philippine Audition and Gaming Corporation (PAGCOR), a Philippine gambling regulator. Authorities have already authorized the construction of a $341 million emerald resort and casino complex on […]

22-year long-term contract to operate the OLG slot in Woodbine, the OLG slot in Ajax Downs and the Mississaug casino located in the first casino in Mississaug

The two partners will take over the day-to-day operations of the aforementioned casino properties, and as you can recall, OLG has announced a modernization plan to spur new investments in the gambling industry in the province. OLG’s purchase announced that it has a total of more than 4,000 game consoles, including three slot machines and […]

He sees it as an avenue for Caesars Entertainment (NASDAQ:CZR) to unlock shareholder value in those businesses.

In a note to clients today, Wolfe Research analyst Jared Shojaian pitched the idea of Caesars entering into a 50/50 pact with William Hill (WMH), its sports betting partner. We think it would be beneficial to restructure the agreement with WMH to a simpler version, where a JV (joint venture) is created with 50/50 ownership, […]

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