Tom S. January 15, 2014 11:41:40
The Central Asian country is undergoing rapid growth, with the gambling industry being one example. While Kazakhstan’s GDP grew by an impressive 6 percent in 2013, both the President and Prime Minister have stressed the need for economic diversification and increased development in technology and innovation. Much of the Central Asian country’s growth has come […]
Tom S. January 15, 2014 10:31:02
Major decisions looming on the growing charity gambling industry in the state. Gaming regulators in the state of Michigan have debated fiercely on the best approach toward charity gambling activities, which usually involve poker games. While many maintain that restrictions on such games merely serve the interest of commercial gambling operators, regulators say they are […]
Monica E. January 14, 2014 17:44:40
Rumor has it Playtech and Vincent Tan are interested in buying the Health Lottery. Richard Desmond, owner of the Health Lottery, is looking to sell his company for over GBP100 million. According to the latest gambling news, the English businessman has already been approached by a number of potential customers. Vincent Tan, who owns Premier […]
Tom S. January 14, 2014 17:40:09
Move comes in response to major casino development projects in two neighboring communities. Boston Mayor Martin Walsh asked the Massachusetts Gaming Commission to grant the city status as both a host and surrounding community with regards to casino projects in the nearby municipalities of Everett and Revere. According to American gambling laws, nearby communities have […]
Monica E. January 14, 2014 15:44:27
MGM Resorts hoping to get Massachusetts license after voters rejected two other companies. The city of Holyoke signed a “surrounding community” agreement with MGM Resorts International, calling for a $50,000 upfront payment, a $1.28 million investment over the next 15 years and jobs opportunities for local residents. The company agreed to honor these promises if […]
Monica E. January 14, 2014 15:36:24
Cantor Gaming agrees to pay $5.5 million fine, marking Nevada’s largest settlement. CG Technology, formerly called Cantor Gaming, has agreed to pay a $5.5 million fine to the Nevada Gaming Control Board, after the gambling authority discovered a former company director was involved in illegal sports betting. Nevada was the first American state to legalize […]
Monica E. January 14, 2014 15:09:00
A casino bought by Rank Group last May gets a GBP 1 million revamp. Rank Group has recently made a GBP 1 million investment in its Grosvenor Casino. British players who visit the new casino are offered the chance to gamble around the clock. In addition, the gambling venue located on Highcross Street, Leicester, now […]
Monica E. January 14, 2014 14:55:36
The country’s plans for “economy revival” include increased taxes. The Albanian parliament adopted its yearly budget at the end of last week. The country’s lawmakers estimate a public deficit of 6.6% and expect a 2% economic growth for this year. Albania’s total budget adds up to EUR 3.25 billion. With local gamblers spending EUR 700 […]
Tom S. January 14, 2014 13:05:21
The UK’s annual four-day horseracing event, the Cheltenham Festival, announces additional sponsorship from insurance provider JLT. In UK gambling news, the insurance company JLT has agreed to become the title sponsor for the 2014 Cheltenham Festival’s Grade One two-and-a-half mile novices’ chase during the third day of the event. This year, the race will be […]
Tom S. January 14, 2014 12:57:19
At least 15 people were killed and eight others were injured in a blast at a suspected hillside gambling den in the Guizhou Province in China on 13 January. The explosion, which occurred in the afternoon around 2.30 p.m., has hit the headlines in Chinese gambling news and papers nationwide. According to the police department […]
