Articles by Erik Gibbs
Saks Fifth Avenue's parent company, Hudson's Bay Company, has officially withdrawn its proposal to develop a casino atop its Midtown Manhattan store. This marks the first official exit from the competitive race for one of three downstate New York casino licenses to be issued later this year.
The Pennsylvania Gaming Control Board (PGCB) has announced that it has delivered 18 cease-and-desist letters to sweepstakes casino operators. It's part of a larger crackdown of the sites amid discussion on their legality in the US.
A bill to legalize online casinos in Arkansas has been halted after its sponsor withdrew the bill from consideration during the current session. House Bill 1861 was removed from the House Judiciary Committee's agenda by its sponsor, Rep. Matt Duffield, and has been referred for interim study.
Wynn Resorts has gained an advantage in the race for a New York City casino license following a favorable decision from the New York City Planning Commission. On April 9, the Commission approved a key set of zoning modifications for the Hudson Yards West project, pushing the proposal forward in its bid to transform the Western Rail Yards into a mixed-use site featuring a casino, housing, and green space.
A New York appellate court has upheld a $1.6B ruling against China Construction America, Inc. for damages related to Baha Mar in the Bahamas. The company has said it will once again appeal the court decision.