Finnish Teen Who Scammed Malta Online Casino Gets 20-Month Suspended Sentence

Finnish Teen Who Scammed Malta Online Casino Gets 20-Month Suspended Sentence

by September 4, 2018

A tech-savvy Finnish teenager who defrauded a Malta-based online casino out of €138,000 was given on Monday a suspended sentence of one year and eight months, local news outlet Yle reported. The young man’s parents were charged with money laundering and were too slapped with susp ...

Gambling Debate Rekindled in Virginia as Group Proposes Casino in Bristol

Gambling Debate Rekindled in Virginia as Group Proposes Casino in Bristol

by September 3, 2018

The new owners of the vacated Bristol Mall in Bristol, Virginia are considering the opportunity to turn the site into a casino resort, local news outlet the Bristol Herald Courier reported over the weekend.The reports were confirmed by Clyde Stacy, the head of the group that ...

Korea Minting and Security Printing Corporation to Craft Chips for Seoul Casino

Korea Minting and Security Printing Corporation to Craft Chips for Seoul Casino

by September 3, 2018

South Korea’s Minting and Security Printing Corporation has agreed to create new chips for Grand Korea Leisure, the state-run entity operating the Seven Luck casino in Seoul. The state-owned corporation is responsible for printing and minting banknotes and coins as well as govern ...

Northern Marianas Casino Regulator Reports Progress in Saipan Resort Villas Construction

Northern Marianas Casino Regulator Reports Progress in Saipan Resort Villas Construction

by September 3, 2018

The Northern Marianas Casino Commission has asked Hong Kong-listed integrated resort developer Imperial Pacific International to fast-track the construction of luxury villas as part of its major development in the village of Garapan on the Saipan Island.Casino Commission Cha ...

West Virginia Quietly Becomes Fourth State to Launch Sports Betting

West Virginia Quietly Becomes Fourth State to Launch Sports Betting

by August 31, 2018

West Virginia quietly became the fourth state to launch legal sports betting after the US Supreme Court struck down in May a federal ban on wagering on professional and collegiate sports leagues.Hollywood Casino at Charles Town Races in Charles Town, West Virginia accepted y ...

Florida Casino Amendment Sees Support from 71% of Likely Voters in Latest Poll

Florida Casino Amendment Sees Support from 71% of Likely Voters in Latest Poll

by August 31, 2018

Amendment 3 will see support from 71% of Florida’s residents who are likely to cast their vote in the upcoming General Election in November, the results from a recently conducted poll show.Spearheaded by the Voters in Charge organization, Amendment 3 aims to modify Florida’s ...

Nayong Pilipino Foundation Slams Corruption Allegations over Casino Project

Nayong Pilipino Foundation Slams Corruption Allegations over Casino Project

by August 30, 2018

Nayong Pilipino Foundation officials once again denied corruption allegations and stressed on the legality of the foundation’s deal with Hong Kong casino resort developer Landing International Development that secured the latter with a land plot for the development of a $1.5-bill ...

Pharmaceutical Company Signals Interest in Mystery Casino Resort Project in Europe

Pharmaceutical Company Signals Interest in Mystery Casino Resort Project in Europe

by August 30, 2018

Canadian pharmaceutical company Easton Pharmaceuticals Inc. announced on Wednesday that it has entered into a Letter of Intent to participate into a project for the development of hotel and casino resort in Europe.The location of the future property and other details about i ...

NFL Club Owners Retain Stakes in DraftKings Despite Sports Betting Launch

NFL Club Owners Retain Stakes in DraftKings Despite Sports Betting Launch

by August 29, 2018

The owners of two NFL clubs have not disposed of their stakes in daily fantasy operator turned bookmaker DraftKings as the new season is weeks away from kicking off and sports betting legalization efforts are gaining pace in multiple states.Major US sports media outlet ESPN ...

Macau Junket Finally Acquires Vietnamese Casino Resort Developer after Multiple Delays

Macau Junket Finally Acquires Vietnamese Casino Resort Developer after Multiple Delays

by August 29, 2018

Macau junket operator Suncity Group Holdings Limited has completed the purchase of Vietnam-based integrated resort developer Star Admiral Limited after the finalization of the deal had been delayed several times.In a filing to the Hong Kong Stock Exchange, Suncity Chairman A ...

Kentucky Lawmakers Look to Take Small But Very Precise Steps on Sports Betting Legalization

Kentucky Lawmakers Look to Take Small But Very Precise Steps on Sports Betting Legalization

by August 28, 2018

It has been three months since the US Supreme Court struck down the 1992 nationwide ban on sports betting. The historic ruling led up to the legalization and launch of sports betting offering in several states and started discussions over the potential of a regulated sports betti ...

Ponca Tribe of Nebraska Announced October Opening of Casino, Despite Legal Challenges

Ponca Tribe of Nebraska Announced October Opening of Casino, Despite Legal Challenges

by August 28, 2018

The Ponca Tribe of Nebraska has announced that it will open its casino, currently under development in Carter Lake, Iowa, in late October, despite facing legal challenges from the states of Nebraska and Iowa.The Ponca Tribe broke ground on the controversial gambling venue in ...

Galaxy Chairman Expresses Strong Confidence in Boracay Casino Plan

Galaxy Chairman Expresses Strong Confidence in Boracay Casino Plan

by August 27, 2018

Chinese casino tycoon Lui Che Woo is confident that Galaxy Entertainment Group will build a $500-million integrated resort with a gaming floor on the Philippine island of Boracay, despite President Rodrigo Duterte’s apparent disdain for casinos.Mr. Lui shared details about t ...

Kenya MPs Debate Gambling Tax Cut to 15% Following Industry Pressure

Kenya MPs Debate Gambling Tax Cut to 15% Following Industry Pressure

by August 27, 2018

Kenyan lawmakers may finally agree to reduce the 35% tax on betting and gaming that took effect early this year to 15% as the nation’s gambling industry is growing restless over the toll the new taxation regime has taken on its stakeholders.Kenyan news outlet The Star report ...

Greek Casinos See Massive Decline in Wagers as Elliniko Gaming License Bidding Process Opens Soon

Greek Casinos See Massive Decline in Wagers as Elliniko Gaming License Bidding Process Opens Soon

by August 26, 2018

Greece’s land-based casinos saw an enormous slump in the amount wagered by customers in 2017. According to information released by the Hellenic Gaming Commission earlier this week, patrons wagered €1.58 billion at the country’s gambling establishments last year, down ...