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May 18 2014HSBC Malta Blocks Online Gambling Credit Card Transactions
Customers of HSBC in Malta can no longer use their credit cards for online gambling due to the bank’s concerns about unauthorized gambling. Furthermore, agents of Maltco (the country’s lottery organization) have been told to choose another bank. David Hall, the group public affairs manager at the bank, said that it has acted on legal
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May 18 2014Catskills May Lose Economic Boost to Casinos Close to New York City
Areas of the Catskills, which for decades have been trying to open a casino, could find that they end up having to share with casinos closer to New York City. Five of New York’s 22 proposed casino projects are looking at Orange County and this is likely to reduce business at any rival casino built
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May 18 2014The Blackstone Group Buys Cosmopolitan Resort in $1.73 Billion Deal
Deutsche Bank has agreed to sell the Cosmopolitan resort in Las Vegas to The Blackstone Group for $1.73 billion. The deal marks the end of Deutsche Bank’s venture into the casino market which began when the casino’s developer was foreclosed by the bank in January 2008. The bank has always been willing to sell the
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May 18 2014Aspiring Rapper Shot Dead in Las Vegas Party
Police in Las Vegas are searching for leads after an aspiring rapper was shot dead in a hotel suit. According to police the rapper, Evan Plunkett or “Hollywood Will” was shot in the chest after a fight began between him and three others during a party in the Palms Casino Resort’s Fantasy Tower. Others involved
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