Cherry AB made a statement today and revealed a 44% increase in its annual online revenues. The announcement comes at a moment when the Sweden-based company is still focused on making its business profitable again.The revenues increase was not the only good news for Cherry. ...
Giorgidi Aggabao, a legislator in the Philippines, has recently announced that a bill was submitted to the House of Representatives. It aims at reducing the power given to the Philippines’ gaming regulator, also known as PAGCOR.The bill in question proposes certain ame ...
Donald Setters, Somerset Selectmen Chairman, announced that the casino project for Somerset is not likely to be abandoned. Last week, during a board meeting, Mr. Setters said that although the project in question is “a long shot”, Somerset officials would do their best to make ev ...
It would not be an exaggeration to say that the gambling sector in the United Kingdom had a pretty eventful year and the implementation of the so called Point of Consumption Tax had a devastating effect on the industry in general.In order to compensate for the losses, UK gamb ...
Mere hours ago, the Parliament of Mongolia announced that there is a possibility for a gambling legislation bill to be proposed in the next few days. The aim of the Mongolian authorities is to make the country an attractive gambling hub.According to the initial plan, the ide ...
The last couple of days have been pretty eventful for the two gaming giants William Hill and 888. The companies entered into talks concerning an eventual recommended offer from William Hill, which was estimated to 200 pence plus a 3-pence dividend per share.Meanwhile, the sha ...
According to the information revealed by the head of the Philippine Amusement Gaming Corp, Cristino Naguiat, the local gambling sector is going to experience further development and become even more competitive on a global scale.What made the PAGCOR official so convinced of t ...
Representatives of China Vanguard Group Ltd announced that in the period May – December, the company has doubled the consolidated revenue. China Vanguard officials have been relentlessly working towards company’s development and popularization by delivering services of exce ...
Back in December 2014, Tatts Group Limited and Tabcorp Holdings submitted an appeal to the High Court of Australia, related to the taxes for the old poker machines.Mere hours ago, the Judge, who was in charge of taking the final decision, rejected companies’ appeal. If ...
After all difficulties Glenn Straub had to overcome in order to become the new owner of Revel, it seems like his efforts did not paid off.Yesterday, it became clear that the sale of the shuttered casino once again reached a dead end.Current owners of Revel need to find a ...
Not long ago, the restriction for smoking within Macau-based casino premises was a subject to fierce disputes and disagreements. The majority of market analysts kept reminding that the situation with the revenues is not too optimistic anyway so there is no need for imposing a ful ...
Somerset officials expected Somerset on the Move LLC, the company that expressed interest in obtaining a license and establishing a casino in the southeastern part of Massachusetts, to submit the required paperwork to the state gambling authorities, pay the respective fees and ma ...
In a special statement, released yesterday, the Union Gaming Research Macau Ltd. announced that part of the refurbished VIP gaming area of Wynn Macau is available to players.Union Gaming analysts also added that Guangdong Group, founded by Neptune Group Ltd, is believed to b ...
Back in April 2014, Nepalese authorities introduced new rules and regulations related to the casino industry and as a result, several casinos, based at the capital of Nepal – Kathmandu, closed doors for players.However, according to the latest information, the Nepalese ...
Atlantic City Revel Casino, which was supposed to close doors on February 7th and be eventually acquired by Glenn Straub, faced new setbacks.The current owners of the shuttered casino announced that they would cancel the deal on Tuesday morning.Glenn Straub was about to ...
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