Spanish Casino Operator Cirsa Explores Options for Its Future

Spanish Casino Operator Cirsa Explores Options for Its Future

by November 22, 2017

Spanish casino boss Manuel Lao Hernandez is reportedly considering different options for the future of gambling operator Cirsa Gaming Corp. SA, Bloomberg reported. Mr. Hernandez is the owner of the casino and bingo hall company.According to unnamed sources, the Spanish busin ...

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

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

by November 21, 2017

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 Battlef ...

Japanese Developers Eye Casino License for Hokkaido Ski Resort

Japanese Developers Eye Casino License for Hokkaido Ski Resort

by November 20, 2017

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 ...

William Hill Comes under Pressure to Reveal FOBTs Clampdown Financial Consequences

William Hill Comes under Pressure to Reveal FOBTs Clampdown Financial Consequences

by November 19, 2017

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 mon ...

Choctaw Tribe Members Reject Fourth Casino Proposal

Choctaw Tribe Members Reject Fourth Casino Proposal

by November 17, 2017

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 positiv ...

Caesars Reportedly Buys Two Racing and Casino Properties in Indiana

Caesars Reportedly Buys Two Racing and Casino Properties in Indiana

by November 16, 2017

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 wi ...

Tullamore Casino Complex Proposal Gets Second Rejection

Tullamore Casino Complex Proposal Gets Second Rejection

by November 16, 2017

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 realiza ...

Northern Marianas House Committee on Gaming Passes Two Casino Bills

Northern Marianas House Committee on Gaming Passes Two Casino Bills

by November 15, 2017

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 ...

Revel Suitor Acquires Site Near the Shuttered Casino

Revel Suitor Acquires Site Near the Shuttered Casino

by November 15, 2017

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 ...

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

by November 14, 2017

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 c ...

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

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

by November 14, 2017

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 wi ...

Dutch Gambling Regulator Lacks Power to Combat Illegal Gambling

Dutch Gambling Regulator Lacks Power to Combat Illegal Gambling

by November 13, 2017

The Dutch Gaming Authority, Kansspelautoriteit, in a written statement in relation to recent comments from local media, said that it needs greater power in order to be able to combat illegal gambling more effectively. The regulator further explained that it will have the necessar ...

Federal Administrative Court Backs Online Casino and Poker Ban in Germany

Federal Administrative Court Backs Online Casino and Poker Ban in Germany

by November 13, 2017

The Federal Administrative Court in Leipzig, Germany ruled late last month that an existing ban on online casino, poker, and scratchcard games complied with German constitution and did not violate EU treaties for the free movement of services across the union.The court decis ...

Trinidad and Tobago’s Temporary Gambling Tax May Become Permanent if Opposition Grows

Trinidad and Tobago’s Temporary Gambling Tax May Become Permanent if Opposition Grows

by November 12, 2017

The Trinidad and Tobago Finance Minister, Colm Imbert, said on Friday that the temporary taxation regime on gambling could become permanent, if the Opposition continues throwing criticism at the proposed regulation of the nation’s gambling industry. The Minster spoke during ...

More than Half of Georgia’s Residents Back Casino Gambling Expansion, Poll Says

More than Half of Georgia’s Residents Back Casino Gambling Expansion, Poll Says

by November 11, 2017

More than a half of Georgia’s voters support the legalization of casino gambling within the state’s borders, a recent poll by the Georgia College and State University showed. About 58% of all interviewed individuals spoke in favor of the potential casino expansion in ...