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island resort and casino newsThat means Beijing could cripple Macau’s casinos if it wished to. (Image: Kent Porter/Press Democrat)An arbitration panel ruled in favor of the tribe, saying they don’t owe the company million to Kenwood for services rendered between 2002 and 2005.Interests Not DisclosedAt issue was whether or not the tribe owed Kenwood — and its founder, Darius Anderson — money from net gaming revenue of the Graton Resort & Casino in Rohnert Park, California. The Graton Resort & Casino opened in 2013 and Anderson brought the issue to San Francisco Superior Court in 2014.The contract initially stated that Kewood Investments would receive four percent of the casino’s revenue for the first seven years of operation, but court documents show that was later dropped to 2.5 percent. island view casino webcamKenwood’s complaint sought million from this agreement and what the company claimed was a breach of contract from the tribe.The tribe, for its part, contested that Kenwood Investments did not fulfill its obligations as outlined in the contract.Among the complaints, the tribe said that Anderson urged the Graton Rancheria to enter into an agreement with Station Casinos in Las Vegas to be the casonline casino roulette usa byyjino’s operator. In March last year, for instance, it prohibited Chinese companies from offering package tours to South Korea, thus imposing quasi-economic sanctions on the country’s tourism sector. A four-year long legal dispute between the Federated Indians of Graton Rancheria and Kenwood Investments, a real estate and development company in Sonoma, California, has been settled in the tribe’s favor. poker flats casino

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seminole casino pokerThe Chinese government in Beijing is unlikely to hurt US interests in Macau because it wants the territory to remain a successful tourism destination with a diversified entertainment offering. Graton Rancheria Chairman Greg Sarris (seen here with online casino roulette usa byyjhis wife Maria Elena Reyes in 2013). The tribe hired Anderson’s company to assist in buying land and developing a casino.The two parties entered a contract in 2003, but Kenwood Investments stopped providing services in 2005. free online slots ukAnderson’s lobbying firm, Platinum Advisors, lists Station Casinos among its previous clientele.The arbitrator’s decision determined that he failed to inform the tribe of his relationship with Station Casinos and didn’t provide any offers from competing operators for the tribe to consider.Arbitrators also agreed with the tribe that Kenwood failed by not letting the tribe know that land they purchased to build a casino on was land that conservationists had been trying toSouth Korea’s deployment of a US-backed missileonline casino roulette usa byyj defense system had displeased Beijing.Around two-thirds of visitors to Macau are Chinese, who also account for 90 percent of its gaming revenues. The tribe hired Anderson’s company to assist in buying land and developing a casino.The two parties entered a contract in 2003, but Kenwood Investments stopped providing services in 2005. ruby red slots youtube

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seneca niagara casino ownerSouth Korea’s deployment of a US-backed missileonline casino roulette usa byyj defense system had displeased Beijing.Around two-thirds of visitors to Macau are Chinese, who also account for 90 percent of its gaming revenues. (Image: Shutterstock)Speaking at the annual CLSA Investors’ Forum in Hong Kong on Wednesday, Galligan, the firm’s head of Asia gaming and conglomerates, said it is “highly unlikely” that China will seek to apply pressure on US companies in Macau.Some experts believe the gambling hub’s US casino companies could become collateral damage in the standoff, as the Chinese government takes retaliatory action for threatened tariffs on Chinese exports to the US.Three of Macau’s big-six gaming concessions — LVS Corp, Wynn Macau, and MGM China — are either wholly or partly American venturesTrading BlowsChina’s large trade surplus makes it difficult to match Washington tit-for-tat when it comes to imposing punitive tariffs, which leads some analysts to speculate it will seek other methods of retribution.The Politburo uses its globetrotting middle classes as an economic weapon. But Galligan says it doesn’t, because it wants the autonomous Chinese territory to be a successful tourism destination.Beijing will Keep It RationalMoreover, American companies have invested heavily in the sector over the past few years, transforming Macau by diversifying its entertainment offerings so that provides more than just gambling, in accordance with Beijing’s wishes.“I think, ultimately, the Chinese will take a very rational view on Macau,” Galligan said. (Image: Shutterstock)Speaking at the annual CLSA Investors’ Forum in Hong Kong on Wednesday, Galligan, the firm’s head of Asia gaming and conglomerates, said it is “highly unlikely” that China will seek to apply pressure on US companies in Macau.Some experts believe the gambling hub’s US casino companies could become collateral damage in the standoff, as the Chinese government takes retaliatory action for threatened tariffs on Chinese exports to the US.Three of Macau’s big-six gaming concessions — LVS Corp, Wynn Macau, and MGM China — are either wholly or partly American venturesTrading BlowsChina’s large trade surplus makes it difficult to match Washington tit-for-tat when it comes to imposing punitive tariffs, which leads some analysts to speculate it will seek other methods of retribution.The Politburo uses its globetrotting middle classes as an economic weapon. CLSA analyst Jonathan Galligan does not believe Macau’s casino sector will be detrimentally affected by Washington’s escalating trade war with Beijing, CNBC reports. The Chinese government in Beijing is unlikely to hurt US interests in Macau because it wants the territory to remain a successful tourism destination with a diversified entertainment offering. slotocash casino free chip