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Carl Icahn Formally Hands Off Trump Taj Mahal to Hard Rock International, Name Change Imminent

Hard Rock International buys Trump Taj Mahal

The Trump Taj Mahal is soon to be become the Hard Rock Atlantic City, following the finalization last Friday of a deal believed to be worth $300 million. The sale brings to a close a long and often troubled history for the casino once owned by President Donald Trump. Florida’s Seminole tribe owns Hard Rock…Read More

North Carolina Scores Roy Williams’ Third NCAA National Title, Kentucky, Louisville, Duke Early 2018 Favorites

North Carolina UNC March Madness Gonzaga

North Carolina won its sixth men’s basketball NCAA national championship on Monday night after topping Gonzaga 71-65. It marks the third time coach Roy Williams has cut down the championship nets since his tenure began at UNC in 2003. With both teams No. 1 seeds from their respective regions, there was no Cinderella ending this…Read More

Ohio Gambling Growth Stunted by Glut of Facilities

Ohio Gambling decline

With several casinos in Ohio and revenue declining, some people believe it is a case of too much of a good thing becoming bad and are trying to figure out solutions to correct the problem. Cezar Froelich, head of the Chicago office of Taft, Stettinius & Hollister law firm that helps gaming companies secure financing,…Read More

Macau Casino Revenue Heats Up in March, Stocks Also Benefit

Macau casino revenue China gambling

Macau casino revenue surged in March to more than $2.65 billion, an 18.1 percent increase on the same month in 2016. Gambling operators pulled in 21.23 billion Macau patacas during the month, a substantial premium on the 17.98 billion they collected last year. The total represents the Special Administrative Region’s highest non-holiday month since March…Read More

Former Colombian Gaming Regulators Arrested for Corruption, Fraud

Colombia arrests Diego Rafael Pérez gambling corruption

Police raids across Colombia in South America have resulted in the arrests 31 people on gambling and corruption charges, including casino operators and former executives of Coljuegos, the country’s gambling regulator. According to the public prosecutor’s office, the arrests relate to the improper awarding of gambling licenses and concessions to operators in the Eje Cafetero,…Read More