News Games and Casino Blog

In recent weeks the government of Nepal announced a series of regulations that affect the casino industry and gambling at the local level. The measures in the approval process for casinos, in addition, also spread over different centers and spas and entertainment venues.

The spokesman Laxman Bhattarai said he had received dozens of complaints about a series of negligence within the casino industry. “We have seen the need for close follow-up on the various activities that affect the casinos, so the ministry is no alternative but to make the relevant regulations,” said Bhattarai.

So far, the Nepal Police was responsible for ensuring order and tranquility in the local casinos. However, their range of action was limited only to prevent access to local citizens who would like to bet in these casinos. From now on, the casinos of Nepal incorporate a variety of standards that already govern in the best casinos worldwide.

“We plan to carry out specific regulations for health centers and spas, as in recent years these sectors have also emerged as strong industries. Once we find these regulations shall be implemented to the analysis and study of possible changes in other areas such as tourism agencies, the hospitality industry and travel in general, “said Bhattarai.

Currently 10 casinos operating in Nepal (Kathmandu and Pokhara distributed). Each casino pays the government a sum of 20 million rupees in taxes.

The U.S. origin company Pinnacle Entertainment operates casinos in Louisiana, Missouri and Nevada. The newest casino opened by the company in March of this year, was the River City, located south of St. Louis County, Missouri.

In the coming months, this company will develop its new casino project in Baton Rouge, Louisiana. However, Pinnacle’s casino operations are not limited to American lands.

A few months ago the company had made known that he was interested in selling part of its assets in Argentine territory. Pinnacle Entertainment was how he sold most of the casinos operating in the Patagonian region of Argentina.

The sale, consisting of a sizable casino and several small casinos, had as guests to a consortium of Argentine investors. Among all invested a total of $ 40 million to take ownership of the gambling houses of Pinnacle in Argentina.

On the transaction carried out in recent weeks Anthony Sanfilippo, president and CEO of Pinnacle Entertainment, made the following comments:

“Our investments in Argentina were among the most profitable for our shareholders. Looking ahead, we anticipate that our company will benefit from the interesting initiatives that develop in the region. For now, however, we prefer to emphasize our local industry. For us, the achievement of excellence in the properties we operate in the United States, ensuring stable long-term benefits, is one of the objectives that guide our efforts. “

The company operates casinos just give Lucien Barriere announced that Accor SA, a company that has 49% of its shares, would sell its share of interest in the company through a series of disagreements on business plans.

Lucien Barriere is a French company in charge of the family Desseigne. Accor’s interests in this company, as stated by Gilles Pelisson, chief executive of the company, totaling the $ 630 million.

“I do not predict a great future growth for the company Lucien Barriere,” said Simon Larkin, a financial analyst at Nomura International. “The way the company managed to convince the international financial market on future projects will depend on the ease or difficulty to find it for sale to their interests during the coming weeks.”

Lucien Barriere currently operates 37 casinos and 14 luxury hotels. According to the latest company reports in the last annual period that ended in October 2009 the company raised earnings by an amount equivalent to $ 1.07 billion.

Accor officials, meanwhile, said that over the coming months will focus on the opportunities they have in the hotel industry in different European countries. Many financial analysts have commented on the advantages for a company to remain flexible in circumstances of economic adversity.

After the announcement made by Lucien Barriere Accor shares rose 2.7% to reach € 23.39 according to the Paris foreign exchange market. In so far this year the company’s stock suffered a fall and comes to 5.9%.

During 2009 many of Russia’s casinos had to close its facilities following a series of complaints and demands driven by different sectors. The high rollers betting in that country, however, found new ways to invest their money in casinos.

Already met almost a year since Russia closed all casinos with the exception of four, located in Kaliningrad, southern Siberia, Primorye and the Azov Sea coast. Neighboring states, in this instance, projected earnings that could be reached from expanding their own markets.

The truth is that, against all expectations, the casinos that benefited most from the closure of complex bets in Russia were those of Monaco and Las Vegas. In fact, Russia’s casinos bettors chose these cities to Minsk, Riga and Yerevan, casino destinations much closer but do not have the celebrity of the casinos of Las Vegas.

In Belarus, on the other hand, local authorities carried out aggressive plans to exploit the fact that Russia no longer allow the casinos (at least most popular).

“For us the casino industry and gambling can be an excellent source of income and can generate numerous employment opportunities for local people,” said Alexander Lukashenko, President of Belarus.

“All the opportunities we see to develop the activities that were held in Russia will be considered in detail by all our officers,” said the president.

The special event that means for the opening of its casino gaming tables should be exploited. In general, all casinos that decide to start offering a greater number of games in their establishments employ aggressive marketing strategies to deepen their impact in an increasingly competitive market. Such is the case of Mount Airy Casino.

A little less than a week since the introduction of its new array of table games, the Mount Airy Casino has decided to begin offering a shuttle bus service which will facilitate access for all gamblers located near the casino.

The service will be in charge of transporting passengers to the Mount Airy Casino will be offered by the company COLTS (County of Lachawanna abbreviation Transit System). COLTS service will operate three times a day Monday through Friday.

The gamblers who wish to use this simple transport system for casino players only have to pay $ 5. Players seniors and retirees, on the other hand, can travel for free.

COLTS service, which has just added stops at the Mount Airy Casino, for several years provided a similar service for players who wish to reach from the Mohegan Sun Pocono.

From now on players who take this bus will have the opportunity to have another option for investing your money on the table games and slot machines of any of these two casinos.

In recent days it has been reported that the business reorganization plan for Black Gaming, operator of casinos as the Mesquite, just approved by Judge Bruce Markell.

One of the reasons that led to bankruptcy Black Gaming was also severe recession that hit in the casinos of Las Vegas. The company, thus, was unable to pay the $ 253.4 million adeudaos to various commercial entities.

“We are really satisfied with the decision taken by the court, which clarifies our way to deal with a debt restructuring efficiently,” said Robert R. Black, CEO of Black Gaming. “The plan allowed us to reduce our debt by more than $ 143 million to meet new economic periods with a more manageable capital structure.”

“Many companies and gambling casinos industry have been in our position on many occasions, and many of them managed to get ahead in a very short time. This is a team effort that ranges from the highest administrative positions to the employees of the casino floor, the dealers and croupiers. ”

Under the terms of the new agreement made by Black Gaming, the company is committed to providing various types of compensation to the companies that owed money in the form of stocks and shares in the profits of the company to avoid having to embark on new loans and debt indefinitely, which would end up sinking the company.

International Game Technology, one of the leading companies in the market for supplies, accessories and new technology to casinos, has announced that the Casino di Venezia has applied its unique SBX.

Installation with your order number 13 worldwide, the SBX system continues to position itself solidly in the casino market in almost all continents.

“After operating for years with IGT Casinolink system, Casino di Venezia finally decided on the implementation of the new SBX management system, allowing them to streamline all decisions and transactions executed on its different floors,” said Ali Civile, director IGT sales for Europe.

“The directors of the Casino di Venezia clearly expressed his enthusiasm for the exciting benefits available to the SBX system and expressed satisfaction with the smooth transition can be made between this system and the last.”

The Casino di Venezia already has 100 machines IGT AVP. In each of them offered one to six different games. From now on, thanks to the implementation of this complex system SBX can add or modify the characteristics of the entertainments that run on every machine AVP.

Furthermore, the Casino di Venezia has always been interested in taking full advantage of the benefits they can offer machines AVP, as multi-play ability and the ability to adapt quickly to changing needs and requirements of gamblers who frequenting their premises.