Tom S. January 23, 2014 15:54:31
As a measure to stop the number of hall closures across the UK, a group of British MPs is calling for a cut in gambling taxes on bingo in the UK. Under the present UK gambling laws, bingo halls are required to pay a 20% tax on their profits, which is a much higher rate […]
Tom S. January 23, 2014 14:50:06
British-based online and land-based betting operator has reported large pre-tax revenue losses, despite its record turn over in 2013. Gala Coral own a number of betting shops in the UK and abroad, along with a number of online casinos and online sportsbooks in the UK. Even though the company enjoyed a record-breaking turnover of GBP […]
Tom S. January 23, 2014 13:05:34
Isle of Man based GVC Holdings announces the resignation of non-executive director Nigel Blyth-Tinker. GVC Holdings, the operator of a number of online casinos and successful online sportsbooks in the UK, is seeing a shift within the company. It’s former non-executive director, Nigel Blythe-Tinker has stepped down from his position with immediate effect. At present, […]
Alex Nevsky January 23, 2014 10:36:23
The rate at which Georgian gambling business is growing could very well make the country into a Las Vegas of Caucasus. Georgia is living a period of true blossoming in respect to many industries. One of them is gambling and online gambling. They have been promises on behalf of the country’s leaders to heavily develop […]
Alex Nevsky January 22, 2014 15:08:57
While gambling is developing nicely in Armenia, the Parliament decides to voice its opinion on the business. Armenian gambling industry is enjoying a period of rapid development. The business is governed and regulated by the Ministry of Finance and Economy. The biggest spike in gambling licenses, which were awarded to Armenian operators, happened in 2006-2008 […]
Tom S. January 22, 2014 14:43:38
States mull casino legalization even as revenue in a downward spiral nationwide. More and more states are pondering gambling legalization, even in the country’s socially conservative heartland. A legislator in Nebraska recently proposed amending the state constitution to permit casino gambling to compliment its existing keno, horseracing and lottery services. American gambling laws permit states […]
Tom S. January 22, 2014 14:04:26
Players and managers of major club allegedly offered money to affect outcomes. A Malaysian betting syndicate is under investigation for attempting to use large sums of cash to influence the outcomes of football matches in India. According to reports Mumbai FC officials were offered “life changes sums” to throw matches they were expected to win. […]
Tom S. January 22, 2014 13:26:03
Revenue drops 1.4 percent amidst competition from neighboring state In 2013 the state of Pennsylvania’s overall gaming revenue fell by 1.4 percent to $3.1 billion. While table game revenue rose, slot revenue declined significantly. Regional competition now plays a significant factor in the gaming market in Pennsylvania. Bordering New Jersey now has online casinos to […]
Tom S. January 22, 2014 13:14:16
Three new licenses to be awarded in Brisbane as part of a strategy to boost tourism. Australian government has announced it will issue three new casino licenses in the city of Brisbane. Eight yet-to-be-named parties have applied. The Echo Entertainment Group Ltd. and Crown Resorts Ltd. have both expressed interest. Officials in the state of […]
Tom S. January 22, 2014 12:54:11
Growing tourism and casino industry in the formerly war-torn country is making headlines in the business world. The Malaysian commodities provider Minitech Resources is in talks to provide construction and raw materials for a casino and resort project in nearby Cambodia. The company is recently one of the most successful in the country and hopes […]
