Articles by: Robert Johnson

Kansspelautoriteit CEO Commits to Investigating Loot Box Economy’s Relation to Gambling

Kansspelautoriteit CEO Commits to Investigating Loot Box Economy’s Relation to Gambling

The Netherlands Gaming Authority will probe into the so-called loot boxes in video games and their relation to gambling as part of its crackdown on illegal gambling and the potential participation of children in gambling activities. The recent release of the Star Wars Battlefront II video game gripped the gaming […]

by · November 21, 2017 · Events & Reports
Japanese Developers Eye Casino License for Hokkaido Ski Resort

Japanese Developers Eye Casino License for Hokkaido Ski Resort

A Japanese resort developer is planning to enter the race for one of the two casino licenses the country’s government is expected to grant as a result from last year’s legalization of casino gambling. Kamori Kanko, a Hokkaido private tourism company, announced late last week that it has inked a […]

by · November 20, 2017 · News
William Hill Comes under Pressure to Reveal FOBTs Clampdown Financial Consequences

William Hill Comes under Pressure to Reveal FOBTs Clampdown Financial Consequences

Bookmaker William Hill will be pressured to disclose this week how the pending clampdown on fixed-odds betting terminals will impact its profitability, The Times reported. The company is set to post its trading update for the third quarter of the year on Monday. Late last month, the UK Government finally […]

by · November 19, 2017 · Events & Reports
Choctaw Tribe Members Reject Fourth Casino Proposal

Choctaw Tribe Members Reject Fourth Casino Proposal

The Mississippi Band of Choctaw Indians rejected during a Thursday vote the proposal for the construction of the tribe’s fourth casino, local media reported. According to first numbers released by the Tribal Election Commission, there were 1,404 negative votes cast to 636 positive ones. The Choctaws currently manage three casinos […]

by · November 17, 2017 · Events & Reports
Caesars Reportedly Buys Two Racing and Casino Properties in Indiana

Caesars Reportedly Buys Two Racing and Casino Properties in Indiana

Less than a month after its main operating unit exited bankruptcy protection, casino operator Caesars Entertainment Corp. is reportedly looking to expand its domestic operations. Bloomberg News reported on Wednesday that the company is entering the final stages of negotiations with fellow gambling company Centaur Gaming to purchase two horse […]

by · November 16, 2017 · Events & Reports
Tullamore Casino Complex Proposal Gets Second Rejection

Tullamore Casino Complex Proposal Gets Second Rejection

A proposal for the construction of a casino complex next to an existing hotel in the Irish town of Tullamore received another blow earlier this week. An Bord Pleanála, an independent, quasi-judicial body, rejected an appeal by the developer behind the project to allow its realization. The plan was previously […]

by · November 16, 2017 · News
Northern Marianas House Committee on Gaming Passes Two Casino Bills

Northern Marianas House Committee on Gaming Passes Two Casino Bills

The House Committee on Gaming at the Northern Marianas Commonwealth Legislature approved on Tuesday two casino-related bills that are aimed at improving the regulated gambling environment in the Commonwealth, local news outlet Marianas Variety reported. House Bills 20-50 and 20-82 gained the necessary support during the Tuesday Committee vote, but […]

by · November 15, 2017 · Events & Reports
Revel Suitor Acquires Site Near the Shuttered Casino

Revel Suitor Acquires Site Near the Shuttered Casino

Manhattan financial services company Keating & Accosiates LLC announced on Tuesday that it has entered a contract to purchase a portion of land at Atlantic City’s Revel Beach that had previously been planned to be developed into a condominium complex. The site is located next to the shuttered Revel Casino. […]

by · November 15, 2017 · News
UK’s Financial Conduct Authority Assumes Control over Binary Options Regulation in Early 2018

UK’s Financial Conduct Authority Assumes Control over Binary Options Regulation in Early 2018

The UK Financial Conduct Authority will assume control over the regulation of the nation’s binary options industry, the financial regulator itself announced today. The FCA also issued a warning on the growing popularity of cryptocurrency CFD investing, arguing that the activity carries a high level of risk for those engaged. […]

by · November 14, 2017 · News
PokerStars Owner Optimistic about Raising $2.5 Billion to Fund Acquisition Deals

PokerStars Owner Optimistic about Raising $2.5 Billion to Fund Acquisition Deals

The Stars Group, recently re-branded from Amaya Inc., could raise up to $2.5 billion for future acquisition deals, CEO Rafi Ashkenazi revealed in a Monday interview cited by Reuters. The Canadian gambling giant, which recently switched its Montreal-based corporate headquarters with a new building in Toronto, has been looking to […]

by · November 14, 2017 · Events & Reports
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