Indiana Casino Workers Challenge Pinnacle Entertainment Casino Purchase

Indiana Casino Workers Challenge Pinnacle Entertainment Casino Purchase

An branch that is indiana-based of casino employees union is opposing the proposed purchase of gambling venues owned by Pinnacle Entertainment Inc. to Gaming & Leisure Properties Inc. The casino workers may also be planning to ask the Indiana Gaming Commission to turn the plan down, arguing that the deal could possibly provide the operator more rights than state guidelines actually allow.

Underneath the current Indiana video gaming laws, confirmed operator is permitted to own a maximum of two casino properties within the state’s borders. Gaming & Leisure manages one video gaming center in Lawrenceburg and Pinnacle has two such facilities in Florence and East Chicago.

Las Vegas-headquartered gambling operator Pinnacle announced previously this 12 months intends to sell all 14 casinos it manages to Gaming & Leisure. The latter is spend the total amount of $4.8 billion for the transaction. in most cases, the deal is among those in which a given gambling operator offers its venues or converts them into REIT, to avoid spending federal taxes and therefore, trade the said venues at a stock market value that is higher.

The Indiana Gaming Commission is placed to talk about the problem today at 1 pm local time. a representative for the continuing state gambling regulator could never be reached for remark.

Casino employees through the UNITE HERE hospitality workers union have been around in a dispute that is long-standing Pinnacle’s casino in East Chicago. Leggi tutto “Indiana Casino Workers Challenge Pinnacle Entertainment Casino Purchase”

Euro Games Tech Expands Presence in Georgia Gambling Enterprises

Euro Games Tech Expands Presence in Georgia Gambling Enterprises

Bulgarian video gaming machine manufacturer Euro Games Technology (EGR) announced it had placed a lot more than 130 of its gaming devices across quantity of Georgia-based casinos. The sited devices are the business’s Premier series P-24/24 Up and P-24/24 St Slim, along with its jackpot that is progressive system as Egypt Quest, the Vega Vission+ slant top and upright cabinets, etc.

The devices were installed in certain of Georgia’s most popular gambling venues, with Casino Peace, Casino Las Vegas, Casino Campione, Casino Grant Intourist being among those. A lot of the facilities that had gaming that is EGT installed are situated in Batumi.

Commenting in the announcement that is latest, Casino Peace General Manager Shota Amiranashvili said that the EGT gaming devices have become an instant success during the casino’s premises considering that the day these were installed. Mr. Amiranashvili further noted that the newest devices were welcomed by clients them the opportunity to ‘stay in game much longer. as they offered’

It has not been the first collaboration between the gambling venue therefore the manufacturer. Yet, a number of the Georgia-based casinos had EGT products installed for the very first time.

EGT Georgia Director Radostina Valcheva told media that their purpose that is main now to make as a major supplier of casino gaming devices in Georgia and they can perform this only by ‘keeping the pace of [their] sales growth.’ Ms. Leggi tutto “Euro Games Tech Expands Presence in Georgia Gambling Enterprises”