Monica E. January 8, 2014 18:10:14
The horse-racing industry in Florida might come back to life after Genting and Gulfstream’s partnership. Malaysian gambling company Genting Resorts is ready to give up its plans for a mega casino resort in Miami and open a scaled-back slots-only venue instead. But since the company isn’t licensed under American gambling laws, plans for a partnership […]
Monica E. January 8, 2014 17:03:38
After a painful loss due to Australia’s new tax policy, Crown scores a deal which will prove profitable on the long run. The Independent Liquor and Gaming Authority of New South Wales (NSW) is conducting a mandatory investigation to see if Crown Resorts Ltd are fit to operate a casino under Australian gambling laws, after […]
Monica E. January 8, 2014 16:42:39
Bookmakers continue to make huge profits from FOBTs, while politicians debate whether they should ban them or not. Political tension escalates as Labour is preparing to force a vote against fixed-odds betting terminals (FOBTs) in today’s debates held at the House of Commons. Despite repeated requests from anti-gambling campaigners to reduce the number of betting […]
Monica E. January 8, 2014 16:31:32
While Maryland Live still makes big profits, the state’s other three casinos are not doing so well. December’s financial reports are in and the Maryland Lottery and Gaming Control Agency announced that the state’s casinos made a profit of over $65 million. Even so, this is the lowest monthly revenue reporter since May, when the […]
Monica E. January 7, 2014 12:24:17
Without sales from lottery tickets, small businesses might not survive, owners say. Independent convenience store owners are concerned over the extended partnership between Wawa Inc. and the New Jersey Lottery and feel their profits are threatened. By the end of the first quarter, the company will be authorized under American gambling laws to offer self-service […]
Monica E. January 6, 2014 19:13:39
The Salvation Army believes there are too many gambling machines in poor areas. In response to the New South Wales government inquiry into gambling, the Salvation Army has offered its view on the problem by saying that there are a lot of different issues the Government needs to look at, in terms on changing Australian […]
Monica E. January 6, 2014 19:05:58
Painful financial report shows Greece needs some fresh changes on the gambling market. Greek poker rooms and casinos have hit a rough patch. The latest financial reports show another decline in revenues, with 2013 being the fifth consecutive year when profits drop. Since 2008, when turnover reached a record amount of EUR 744.5 million, casinos […]
Monica E. January 6, 2014 18:17:28
A new premium online and mobile casino is coming to the Mexican market. Sportsbetting operator SBTech announced it has entered the Central American gambling market, after closing a partnership with land-based bookmaker Operadora General de Entretenimiento SA de CV, owner of the Ganabet website. The company found the right partner and decided to take advantage […]
Monica E. January 6, 2014 13:12:38
Receipts from betting shops are used by criminals to justify the amounts of money they carry on them. British betting operators and local police admit criminals are using fixed odds betting machines (FOBTs) for money-laundering. At the same time, business owners say their betting shops would simply have to close down if it wasn’t for […]
Monica E. January 6, 2014 11:21:30
A gambling vacation to Nepal turned into a real nightmare for a 29 year-old Pakistani man. Tourists visiting Nepal for its casinos are worried to hear about the latest incident where a young man got robbed of all of his belongings, on his way back to the hotel after a night of gambling in a […]
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