India Sports Ministry in Early Talks to Legalize Online Sports Betting

India Sports Ministry in Early Talks to Legalize Online Sports Betting

by July 16, 2017

The legalization and regulation of online sports betting has been brought up for discussion by India’s Sports Ministry, The India Express reported citing a ministry official. According to the unnamed source, different government administrations have been approached with the ...

Federal Prosecutors Drop Illegal Online Gambling Charges against Calvin Ayre

Federal Prosecutors Drop Illegal Online Gambling Charges against Calvin Ayre

by July 15, 2017

US federal prosecutors dropped on Friday felony charges against Calvin Ayre, the Bodog online gambling brand, and three other individuals, while the former gambling boss pleaded guilty to misdemeanor charges to conclude a five-year case against him.In 2012, the District of M ...

Cambodian Government Imposes $16.6-Million Additional Non-Gaming Revenue Tax to NagaCorp

Cambodian Government Imposes $16.6-Million Additional Non-Gaming Revenue Tax to NagaCorp

by July 14, 2017

Casino operator NagaCorp Ltd may be forced to pay additional non-gaming taxes estimated to $16.6 million in 2017. The amount corresponds to the added tax obligation the company applied in 2016 after its inaugural Phnom Penh hotel and casino complex’s audit was carried out. ...

Genting Sells Stakes Due to Potential The Star Entertainment – Crown Union

Genting Sells Stakes Due to Potential The Star Entertainment – Crown Union

by July 14, 2017

Genting has decided to sell its 5.62% stake in The Star Entertainment Group. The Malaysian casino operator has made the decision because there is a talk going around that the Australian casino operator The Star has a union in mind with local rival Crown Resorts.According to ...

What Lured Gambling Boss Teddy Sagi Into Buying London’s Camden Market?

by July 13, 2017

Londoners woke up Monday morning to the news that a massive fire hit Camden Market. A building located next to the market hall area of the popular marketplace was reported to have been engulfed in blaze shortly before midnight on Sunday.A total of 70 firefighters fought well ...

New York Private Equity Firm Offers $220 Million for Shuttered Revel Casino

by July 13, 2017

A private equity firm has reportedly proposed to buy Atlantic City’s shuttered Revel casino for the amount of $220 million. The Press of Atlantic City reported on Wednesday that Digital Launch has been representing the unnamed firm from New York City.Alex Fredericks, Operati ...

US Senator Urges Attorney General Jeff Sessions to Ban Online Gambling

by July 12, 2017

Another US lawmaker has joined the company of politicians to be openly and vocally opposing a 2011 memo of the Department of Justice that practically gave the green light to each individual state to legalize and regulate online gambling within its borders.Political journalis ...

Ten Crown Resorts Casino Employees Released from Chinese Jail

by July 12, 2017

The first group of Crown Resorts employees, who were arrested last October for the illegal promotion of casino gambling in Mainland China, was released earlier today, Reuters reported.Ten of all 16 detained staff members walked out from two detention facilities in Shanghai, ...

Amended Online Gambling Bill Emerges in Michigan

by July 11, 2017

Earlier this year, Michigan emerged as one of the states that were considering the legalization of online gambling. S 203, sponsored by Senate Majority Floor Leader Mike Kowall, appeared on the Senate floor in March and was quickly approved by the Senate Regulatory Reform Committ ...

Residents of Sydney Area Gamble A$8 Billion on Poker Machines

by July 11, 2017

Sydney’s Fairfield Council has requested a freeze on slot machines, or poker machines as they are known in Australia, after news emerged that the amount of A$8 billion was spent on these in the 2015/16 financial year by residents of the south-west Sydney local government area. ...

Crown Resorts Casinos Generate $665 Million from Chinese High Rollers

by July 10, 2017

Mainland China VIP casino customers lost around $665 million (A$875 million) at Crown Resorts casinos during the previous financial year, court filings from the Shanghai Baoshan district court showed.Obtained by Australian news outlet The Australian Financial Review (AFR), t ...

Vietnam’s New Casino Rules to Benefit the Country’s Gambling Industry

by July 10, 2017

American real estate specialist Jones Lang LaSalle (JLL) said in a recent report on the future of the Vietnamese gambling industry that major international casino operators have been eyeing the local market.According to the real estate firm, the recent lifting of a ban that ...

Anti-Online Gambling Legislation May Get Sneaked Into Appropriations for FY 2018

by July 9, 2017

Over the past several years, online gambling in the United States has been a topic of contention between one group of very powerful people and another group of very powerful people. The war about the legalization or federal criminalization of this type of activity has even drawn ...

SportPesa to Leave Kenya Due to Massive Gambling Tax Hike

by July 8, 2017

Kenya’s approved gambling tax hike is already taking its toll as native operator SportPesa has confirmed that it would shut down its Kenyan operations, if the new taxation regime is imposed on January 1, 2018.In June, Uhuru Kenyatta, President of the East African natio ...

Bill Allows New Jersey Casinos to Remain Operational during State Shutdown

by July 7, 2017

Atlantic City casinos will operate as normal in case of any future government shutdowns under a piece of legislation produced by New Jersey Senate President Steve Sweeney and Senators Jeff Van Drew and Jim Whelan.New Jersey was shut down earlier this week after Gov. Chris Ch ...