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Gwangju FC sign head coach Lee Jung-hyo to 3-yr extension
The K League 1 club Gwangju FC announced Wednesday they have handed head coach Lee Jung-hyo a three-year extension, rewarding him with their show of faith after the upstart team finished the 2023 season in third place. The new deal will keep Lee, 48, with Gwangju through 2027. His previous deal was set to expire…
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Ex-MLB All-Star Choo Shin-soo announces plan to retire after 2024 KBO season
Choo Shin-soo, a former major league All-Star playing in Korea, announced Thursday he will retire from professional baseball after the 2024 season.Choo, 41, has been playing with the SSG Landers of the Korea Baseball Organization (KBO) since 2021, following 16 years in Major League Baseball.Choo began his pro career in the U.S. minor leagues in…
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Will 2018 Be the Year of Big Merger and Acquisition Deals?
Merger and acquisition (M&A) strategies are in vogue for quite some time. Merger and acquisition activity is fueled by many reasons, but the most powerful motivation for it is to maximize the companies’ profitability. Consolidation activity is mostly the preferred business tactic for companies that look to crack on new markets, gain a competitive edge…
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Housewives and Students are the Top Occupations Among B.C. VIP Casino Patrons
Internal documents found out that housewives and students lead the list of the most common occupations among the high-rollers in Richmond’s River Rock casino. A great number of high-roller housewives spent more than C$14 million in bets and 87% of these transactions were suspicious. The situation is pretty much the same with the high-roller students,…
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Single Jackpot-Winning Powerball Ticket Scores $560 Million Grand Prize
Internet is flooded with tips for how to win the lottery, but these do not work. Unlike many other games, there is no particular strategy or secret to winning the lottery. The only sure way to get the winning ticket is to be born under a lucky star. For many people playing the lottery might…
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B.C. Lottery Corporation Imposes Whopping $500K Fee on Freedom of Information Request
Canada’s labor union Unite Here, that represents also casino workers, is ready to attack British Columbia Lottery Corporation (BCLC) for imposing an excessive eye-watering freedom of information search fee of $500,000. According to the members of the union, the overwhelming fee aims at limiting access to the requested information as the costs exceed the appropriate…
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Chinese Real Estate “High-Roller” Loans Money from Allegedly Underground Banking Network
British Columbia’s self-regulated casino industry has been blasted for its lax anti-money laundering measures. The issue appeared on the authorities’ radar screen after the recently-elected government released a disturbing casino report, alleging money laundering at River Rock Casino Resort in Vancouver. The revelation sparked a money-laundering probe into underground banking and alleged laundering of drug…
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Sudbury Planning Committee to Hold Public Hearing on Rezoning
Last year, Sudbury City Council thumbed up the final site plan for the Kingsway Entertainment District. The project is to include the construction of the city’s new events center, a casino and hotel tower, as well as restaurants and an outdoor Festival Square. On 22nd January this year, the planning committee is to hold its…
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Great Canadian and Brookfield Pen 22-Year Deal with OLG for Greater Toronto Area Gaming Bundle
Yesterday, the Ontario Lottery Gaming Corporation (OLG) has put the wheels in motion after signing a 22-year deal with Great Canadian Gaming Corporation (“Great Canadian”) and Brookfield Business Partners LP (“Brookfield Business Partners”). Under the recently signed deal, Great Canadian and its partner Brookfield are to take over certain gaming assets in the Greater Toronto…
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Delta’s Upcoming Gateway Casino Changes Layout
Delta’s upcoming $70-million-worth gambling and hotel venue has changed its layout. This was disclosed during an open house meeting held this Thursday. Representatives from Gateway Casinos and Entertainment Ltd. and British Columbia Lottery Corporation held the said open house meeting at Delta Town and Country Inn. Gateway spokespeople informed the guests of the meeting that…