Australian Packer Wants Casino in Tokyo for 2020 Olympics

International Business Times – ames Packer’s Asian gaming joint-venture Melco Crown wants to build a casino in Tokyo in time for the 2020 Olympics, according to The Australian. Japan is included in the company’s international expansions, along with Vietnam and South Korea, Todd Nisbet, the Crown executive leading the Japan casino bid, said. Other casino giants vying for Japan’s approval for the right to build and operate casinos include Wynns and Las Vegas Sands, among others. Japan, to boost its tourism and economy, intends to allow integrated casino resorts in regional cities including Tokyo and Osaka. “Japan is the biggest…

South Carolina Justices: No Casino Allowed On Tribal Land

CBS – A statewide ban on video gambling means that South Carolina’s only federally recognized tribe cannot have a casino on its York County reservation, the state’s highest court ruled Wednesday. In its unanimous opinion, the South Carolina Supreme Court disagreed with the Catawba Indian Nation, which has argued that a state law allowing gambling cruises to leave from South Carolina ports also means the 2,800-member tribe can offer the same games at a reservation gambling hall. The tribe had been appealing a circuit judge’s 2012 ruling that, not only does the law that allows cruise ships not give the…

New Jersey lawmakers to simplify casino self-exclusion

Miami Herald – Gamblers could ban themselves from casinos or gambling websites without having to admit they have a problem under a bill that the New Jersey Assembly approved Thursday. The state’s voluntary self-exclusion lists permit people to sign up and request that they not be admitted to casinos or allowed to gamble online. But the law currently requires them to attest that they have a gambling problem. The bill, passed by a 77-0 vote, would let people sign up for the lists without having to admit they are compulsive gamblers. “This is simply another option for those who want…

Caesars to Build First Foreign-Owned South Korean Casino

A consortium of will build a new South Korean casino, which will be a first for the country. Caesars Entertainment and Indonesia’s Lippo conglomerate has received a preliminary license to build the resort near the country’s largest airport, stepping up competition among Asian countries to lure Chinese tourists. The Indonesian-U.S. consortium plans to spend 743.7 billion won ($696 million) to open a casino town in Incheon in 2018, the nation’s culture ministry said in a statement Tuesday. It is the first South Korean casino license given to foreign investors, though a final approval is pending. It will become the country’s…

Construction of Jamaica’s first licensed casino to begin shortly

Jamaica Observer – Construction of the first licensed casino in Jamaica is scheduled to begin in a few months. Celebration Jamaica Development Limited, one of the companies, which applied for the first set of casino licences is looking at starting construction as early as summer once government gives approval. Founder of the company, Robert Trotta, said the project will be completed in three years once approval is granted. “We have a full brand new convention centre, right here in the middle of Rose Hall, we are ten minutes from the airport, there is no better place in the Caribbean to…

Gamblers Bet at Casinos; Investors Bet on Casinos

Daily Finance – There may be pretty lights, free-flowing cocktails and a theatrical buzz at the casino, but don’t go thinking that the treat for the senses is cheap. Slot players collectively walk out with as little as 90 percent of their money, on average. The odds are slightly better at the table games — including blackjack, poker and roulette — but there is no diversion where gamblers have the edge over the establishment. The house always wins. The odds are more favorable at a casino than state lotteries that only return as little as half of what they take…