Articles by: Robert Johnson

New Las Vegas Sphere Event Venue to Use Parking Spaces at Las Vegas Sands Casinos

New Las Vegas Sphere Event Venue to Use Parking Spaces at Las Vegas Sands Casinos

A new Las Vegas Strip entertainment venue will be able to utilize parking spaces at the garages of nearby casinos after receiving the necessary approval from the Clark County Zoning Commission. During a Wednesday meeting, commissioners gave developers of the facility the go-ahead to use parking spaces at The Palazzo […]

by · February 22, 2018 · News
VIP Players Flock Back to Crown Resort’s Australian Casinos, Company Reveals in Half-Year Report

VIP Players Flock Back to Crown Resort’s Australian Casinos, Company Reveals in Half-Year Report

International VIP players have flocked back to Crown Resorts’ Australian casinos, the company said in a Thursday filing to the Australian Securities Exchange. The major casino operator reported a 40% surge in VIP revenue at its casino facilities in Melbourne and Perth in the first half of the financial year […]

by · February 22, 2018 · Events & Reports
Las Vegas, Macau Casino Revenue Comparison Report (with Infographic)

Las Vegas, Macau Casino Revenue Comparison Report (with Infographic)

The following infographic includes information about the state of Las Vegas and Macau’s casino industries between 2007-2017. The decade in question included periods of sharp economic downturn in both cities that were followed by what are believed to be periods of stabilization. Last year, both cities recorded gaming revenue increases […]

by · February 21, 2018 · Events & Reports
CJEU Rejects Belgium’s Request for Annulment of EC Online Gambling Recommendation

CJEU Rejects Belgium’s Request for Annulment of EC Online Gambling Recommendation

The EU Court of Justice (CJEU) rejected earlier this week a petition filed by the Belgian Government against a set of recommendations for the protection of consumers of online gambling services and the prevention of minors from gambling online. The recommendations were introduced by th European Commission in 2014 but […]

by · February 21, 2018 · News
Casino Boss Steve Wynn Receives No Money in Termination Deal, Keeps Stake in Wynn Resorts

Casino Boss Steve Wynn Receives No Money in Termination Deal, Keeps Stake in Wynn Resorts

Las Vegas businessman Steve Wynn will not receive any severance or compensation after his resignation from casino operator Wynn Resorts amid multiple allegations of sexual misconduct, according to a termination agreement filed to the US Securities and Exchange Commission and released on Friday. The agreement further stated that Mr. Wynn […]

by · February 18, 2018 · News
Portugal Publishes Poker Liquidity Technical Standards; PokerStars Anticipated to Admit Portuguese Players to Europe Network Soon

Portugal Publishes Poker Liquidity Technical Standards; PokerStars Anticipated to Admit Portuguese Players to Europe Network Soon

Portugal’s technical standards framework on shared online poker liquidity (Regulamento n.º 115/2018) was published in the country’s Official Journal on Friday, February 16, local media reported. The publication of said framework means that there are no more regulatory hurdles before Portugal’s participation in the shared liquidity project. The country was […]

by · February 17, 2018 · News
One in Eight Swedes Gambles Regularly on International Gambling Websites

One in Eight Swedes Gambles Regularly on International Gambling Websites

Around 55% of all Swedes aged between 18-74 gambled monthly during the second half of 2017, Swedish consultancy firm Mediavision said in its latest report on gambling activity in the country. The reported figure reflected an increase from the same period of 2016 when 50% of the nation’s population of […]

by · February 17, 2018 · Events & Reports
Harrah’s New Orleans Casino Pitches New Hotel Plan as Part of $350-Million Upgrade

Harrah’s New Orleans Casino Pitches New Hotel Plan as Part of $350-Million Upgrade

Harrah’s New Orleans Casino announced Wednesday plans to build a second hotel at its existing site at New Orleans’ Canal Street. The addition of the facility will aim to meet growing demand for accommodation at Harrah’s. Local news outlet NOLA.com|The Times-Picayune reported that the hotel will feature 340 luxury rooms […]

by · February 15, 2018 · News
Norway’s Oil Fund Could Divest from Gambling Stocks amid Growing Opposition to Unregulated Gambling

Norway’s Oil Fund Could Divest from Gambling Stocks amid Growing Opposition to Unregulated Gambling

Norway could divest its oil fund from gambling stocks, if a proposal from two opposition parties gains enough support in the Scandinavian country’s legislature, local business news outlet E24 reported on Wednesday. The Government Pension Fund of Norway was established back in the 1990s. Fueled greatly by the country’s oil […]

by · February 15, 2018 · News
UK Gambling Commission Fines GVC Holdings for Misleading Free Bets Ads

UK Gambling Commission Fines GVC Holdings for Misleading Free Bets Ads

GVC Holdings has become the latest UK-licensed gambling operator to be slapped a hefty financial penalty by the UK Gambling Commission for misleading advertising across its websites. A subsidiary of the Isle of Man-based company was imposed a £350,000 fine for repeated breaches of UK advertising codes. ElectraWorks Limited, which […]

by · February 14, 2018 · News
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