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MassGaming to Consider Sole Area C Casino Proposal

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MassGaming to Consider Sole Area C Casino Proposal

The Massachusetts Gaming Commission discussed a number of important dilemmas at A thursday meeting held at boston’s john b. hynes veterans memorial convention center.

Hawaii gambling regulator offered the nod to MGM Resorts International’s request to wait the opening of its $800-million casino resort in Springfield to September 2018. The explanation for this is the reconstruction of this Interstate 91 viaduct, which is anticipated to be completed by August 2018.

Commissioners haven’t been particularly interested in the wait while the state is always to lose about $10 million in income tax income for each month the casino will not operate. But, they admitted that it would not be beneficial to business, if MGM opens its resort at a time when key I-91 lanes are closed down as this will influence visitors’ first impressions in a negative method.

Another matter that was discussed throughout the Thursday meeting was Brockton and its application for the $650-million casino resort in Southeastern Massachusetts, or area C because it is officially described. In reality, the town has remained the contender that is huuuge games sole a casino license in the area, after New York developer KG Urban dropped its bid for a gambling location in brand New Bedford.

The Brockton proposition is supported and funded by Mass Gaming and Entertainment, affiliate of Chicago-based gaming company Rush Street Gaming. Within their first formal statement aft Continue reading

Southern Korea Officials Reveal 34 Bidders for Casino Licenses

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Southern Korea Officials Reveal 34 Bidders for Casino Licenses

The South Korean Ministry of customs, Sports, and Tourism unveiled that we now have 34 bidders for the 2 casino licenses which are to be granted for the operation of two foreigner-only integrated resorts within the country’s borders.

Southern Korea officials are expected to announce later on in August where one of many hotel and casino properties is usually to be situated. This will mark the beginning of the selection process. Analysts think that among the venues will likely be integrated Seoul or somewhere close to the country’s money. As for the other integrated resort it is likely to be based in Incheon. The town is famous for the Incheon International Airport, the biggest one in Southern Korea.

Casino operators and specialists have actually repeatedly noticed that a gambling location located somewhere near the airport is likely to turn into a profitable one as it is always to attract more Chinese high rollers in addition to rich site visitors off their parts of asia.

The Ministry of heritage, Sports, and Tourism will consider all 34 bidders and is likely to announce its decision on which two of them can be issued the casino licenses in December 2015.

Two licenses that are such been issued by the ministry. The built-in resorts will be situated on the Yeongjongdo Island and Incheon. LOCZ Korea, a consortium between Chinese estate that is real Lippo Group and Las Vegas-based casino operator Caesars Ent Continue reading