Events & Reports

Casinos Will Increase Interest in Japan as Attractive Tourist Spot: Interview with Clarion Events’ Curtis Roach

by May 31, 2017

It was last December when the Integrated Resorts Promotion Bill was passed by the Japanese Diet, finally legalizing casino gambling in Japan. The move created an unabating buzz and saw internationally recognized casino developers flocking to Japan on a mission to acquaint themsel ...

Sun International Increases Latin American Casino Venture Stake as Part of Expansion Push

by May 30, 2017

With the ongoing gambling regulatory shifts in Latin America, South Africa’s Sun International has become among the many gambling companies to spot and embrace the investment potential of the region.The casino operator announced today that it intends to increase its stake in ...

Philippine Congress Introduces Tighter Casino Anti-Money Laundering Regulations

by May 30, 2017

Philippine lawmakers voted earlier today in favor of proposed amendments to the country’s anti-money laundering regulations. The amended law will now cover the Philippines’ lucrative gambling industry, including land-based and online gambling operations as well as gambling servic ...

Olympic Entertainment Group Winds Up Belarusian Subsidiary

by May 29, 2017

Estonian gambling operator Olympic Entertainment Group (OEG) today announced that it has finalized the liquidation of Olympic Casino Bel IP, known to be its Belarusian subsidiary.The company explained in a short statement on its website that the liquidation came as part of th ...

Melco Resorts & Entertainment Names Osaka Preferred Destination for Casino Resort

by May 29, 2017

Melco Resorts & Entertainment Ltd. owner Lawrence Ho told Bloomberg that the ideal scenario for his company would be to be allowed to build an integrated resort in Osaka, in case it wins one of the two Japanese casino licenses to be issued by the country’s government.The ...

South Africa Tightens Crackdown on Illegal Online Gambling

by May 28, 2017

The South African Trade and Industry Department revealed that it has confiscated around R1.25 million (approximately $100,000) in illegal online gambling winnings.Gambling services in the country must be provided in full compliance with the National Gambling Act of 2004. Und ...

Hard Rock International Elevates Investment in Trump Taj Mahal Casino Redevelopment

by May 27, 2017

Hard Rock International has increased planned investment for the redevelopment of the former Trump Taj Mahal casino resort in Atlantic City, CEO Jim Allen revealed at the recently held East Coast Gaming Congress.The internationally recognized owner of themed cafés, restaurant ...

Malta Gaming Authority Responds to “Unfounded” Allegations for Lax Gambling Monitoring Policies

by May 26, 2017

The Malta Gaming Authority responded on Thursday to recent media coverage in relation to allegations that it had failed to monitor online gambling operations by its licensees for suspicious activity in accordance with its own principles.Reuters reported on Monday citing a fo ...

Jeff Gural Believes Competition from New York Will Eventually Drive New Jersey to Casino Expansion

by May 26, 2017

New York real estate developer Jeff Gural said at the East Coast Gaming Congress that he has remained optimistic about the eventual construction of a Las Vegas-style casino resort in North Jersey.The 21st annual East Coast Gaming Congress took place on May 24-25 at Harrah’s ...

Online Betting and Gaming Dominate UK’s Gambling Industry

Online Betting and Gaming Dominate UK’s Gambling Industry

by May 25, 2017

The UK gambling industry generated record gross gambling yield of £13.8 billion in the period between October 2015-September 2016, the latest figures posted by the UK Gambling Commission show.The amount of £13.4 billion was generated during the previous (April 2015-March 201 ...

Pennsylvania Online Gambling Bill Survives Historic Senate Vote, Needs House Approval

by May 25, 2017

Long-awaited action on the legalization of online gambling in Pennsylvania was finally taken by state lawmakers. The Senate passed on Wednesday H 271 by a considerable margin. The legislative piece will now be considered in the House of Representatives.The legislation calls ...

Casino 36 to Swing Doors Open in England’s West Midlands in 2018

by May 23, 2017

A £12-million casino and bingo hall is set to be built and launched in England’s Black Country area next year. The venue will be branded Casino 36 and is expected to create over 70 full-time jobs for residents of the host town of Dudley and the region.The move comes shortly ...

Crown Resorts Scraps Las Vegas Strip Casino Project with Land Sale

by May 22, 2017

Australian casino operator Crown Resorts has undertaken another move to dispose of its international assets, local media has reported. The company, led by billionaire James Packer, is selling a Las Vegas Boulevard parcel, previously planned to be developed into a luxury casino re ...

Online Gambling Has Little Chance in Massachusetts Legislature This Year

by May 21, 2017

Unlike its neighbor New York, which has progressed significantly on the legalization of online poker and many believe a bill on the matter will be signed into law this year, Massachusetts may leave online gambling and lottery for next year’s legislative session.Senate ...

Caesars Emerges from Bankruptcy with International Casino Expansion Plans

by May 21, 2017

Hotel and casino operator Caesars Entertainment Corp. will aim for further Strip development, geographical expansion, and M&A opportunities when it emerges from bankruptcy, CEO Mark Frissora said in a recent interview with Bloomberg TV.Caesars has embarked on a lengthy j ...