Despite a broad and aggressive crackdown on illegal gambling operations, the use of licensed online casinos remains prevalent. The Malaysian government is openly hostile to gambling, with the Genting Resort Casino being the only licensed brick-and-mortar casino in the country and Muslims (the majority of the population) being banned from gambling altogether. But rather than […]
Iva P. March 20, 2014 14:15:35
The growing number of betting shops with FOBTs in Tilehurst, Reading is causing serious disapproval among the residents, who are worried about their children. The “Fixed odds betting terminals” (FOBT) were introduced in the UK 13 years ago and ever since then they are a reason for serious disagreements among the local societies and the […]
Rab March 20, 2014 14:14:01
Loto-Quebec has been asked to hand over information about Jean-Clause Lacasse as the investigation into his company Golden Oaks continues. The inquest made gambling news following allegations that Lacasse bankrupted the failed rent-to-own company through a series of gambling incidents, as an Ontario Superior Court of Justice report revealed. Lacasse filed for bankruptcy in July […]
Alex Nevsky March 20, 2014 13:57:49
Taxes on FOBTs have been increased causing bookies’ share prices to drop, while bingo profit taxes decreased in the new budget. The newly adopted 2014 Budget will see some amendments to British gambling laws and tax regimes. The controversial FOBTs operating inside the majority of land-based betting shops will be subject to an increased levy […]
Rab March 20, 2014 13:52:09
A professional gambler bet wrong in tax court when arguing that sportsbook takeout expenses should be written off business expenses. The enterprising CPA likes to frequently bet on sports in the US and tried to avoid paying tax on sportbook takeout expenses, claiming them as business expenses. The case was taken against the IRS in […]
Rab March 20, 2014 13:34:39
With the up-coming European Parliament elections looming, gambling fans hope that the services they currently enjoy won’t be reduced with legislation changes. In May 2014, all member states of the European Union will hold elections to the European Parliament. This will be the eighth Europe-wide election, since the first election was held in 1979. Legal […]
Rab March 20, 2014 13:19:55
The Associated Press news agency announce the New York state Senate have backed the proposal to install video lottery terminals, in various airports throughout the state. Americans traveling out of the country from the state now won’t need to rely on mobile casinos to get their gambling fix before arriving home. Video betting terminals will […]
Monica E. March 20, 2014 12:55:52
A Kearney city councilman and his daughter were caught placing illegal bets on the state basketball tournament. Randy Buschkoetter took several wagers with the help of his 21 year-old daughter, Danielle, who provided him with information on several games which took place on Friday, at Pinnacle Bank. After an off-duty officer saw the Kearney City […]
Monica E. March 20, 2014 12:43:38
The local town board voted against the establishment of a new casino in town. Residents filled the room at the board meeting and 18 locals spoke up, most of them opposing the idea. American gambling laws recommend that local authorities consider all aspects of any new casino project, both its financial advantages and social impact. […]
Tom S. March 19, 2014 19:01:38
With Sony unveiling their latest virtual reality headset, some commentators have been revisiting the possibility of a VR casino. But how close is it to being a reality? Project Morpheus. For the younger generation it may conjure up images of blue and red pills and Lawrence Fishburne, but it’s Ovid’s god of dreams that Sony […]
