Massachusetts voters saved the state’s fledgling casino industry Tuesday by overwhelming rejecting a ballot referendum that would have tossed a three-year-old gaming law.
Casinos & Gaming
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TOKYO — Japanese lawmakers are set to indefinitely postpone legalizing casinos as Prime Minister Shinzo Abe, whose cabinet has been hit by a series of scandals, lacks the political leverage to pass a bill this year, sources directly involved in the process said.
ROME — Shareholders in GTECH on Tuesday approved the Italian lottery group’s takeover of U.S. slot-machine maker International Game Technology, a tie-up aimed at creating a global gaming company to be listed on Wall Street.
Macau’s casino market experienced a 23.2 percent decline in gaming revenue during October, the largest single-month drop since American-owned casinos began operating in the Chinese market in 2004.
American Gaming Association CEO Geoff Freeman was one of six business executives named Tuesday by the U.S. Chamber of Commerce to its Association Committee of 100.
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