April 12, 2012

Global Gaming News Bits - April 12

Sands Launches $4.4B Macau Casino-Resort

U.S. billionaire Sheldon Adelson's Macau casino operator on Wednesday launched its long-delayed fourth resort, a $4.4 billion complex that is its latest bet on continued strong growth in the world's biggest gambling market.

 

William Hill Launches Italy Live Casino

William Hill, one of the giants of online gambling, announced this week the launch of its Live Casino for Italy. The casino will offer Italian players a more comprehensive and top-quality gaming experience than they have previously enjoyed.

 

MTR Gaming Group to Manage New Wyndham Hotel Group Property at Presque Isle Downs & Casino

CHESTER, W. Va.-- MTR Gaming Group, Inc. (NasdaqGS: MNTG) announced today that it has entered into an agreement with BT Management LLC to manage and operate a new Baymont Inn and Suites adjacent to its Presque Isle Downs & Casino property in Erie, Pennsylvania. BT Management LLC, which has a franchise agreement with Wyndham Hotel Group, will build the hotel.

 

Phil Ivey, Tom Dwan Confirmed for HKD$1,000,000 buy-in Manila Millions in Asia
On Thursday, the Asian Poker Tour (APT) and Resorts World announced the inception of the largest buy-in tournament ever held in Asia. The HKD$1,000,000 ($129,000) buy-in Manila Millions Super High Roller will take place at Resorts World Manila's Genting Club on April 20, one day before the APT Philippines Main Event.

 

MTG Sells Bet24 to Unibet

Modern Times Group is selling its Nordic Betting Ltd subsidiary Nordic Betting Ltd to Unibet. The broadcaster will receive €13.5 million for its betting operations known as Bet24, which offered a range of sports betting and gaming products across Northern Europe.

 

Sands Opens Macau Casino, Eyes $35 Bln Spain Complex

U.S. billionaire Sheldon Adelson said he plans to spend $35 billion on a mini-Las Vegas strip in Spain, where he is courting the country's two top urban areas, Barcelona and Madrid, with plans for a casino complex.

 

Casino Mogul Eyes Investment in Korea

MACAU ― Las Vegas Sands, the world's largest casino operator, is looking to invest in Korea as it expands business in booming Asian tourism and resort markets. "Korea has the need to increase tourism, it has need to create a convention-based MICE business model that is our specialty," Las Vegas Sands chairman and CEO Sheldon Adelson said in an interview with Korean reporters in Macau.

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