Leisure Resorts Drops from Boracay Casino Resort Scheme

Leisure Resorts Drops from Boracay Casino Resort Scheme

by December 8, 2019

Philippine casino developer Leisure Resorts & World Corp. has abandoned plans to develop $550 million integrated casino resort on the island of Boracay in partnership with Macau-based casino operator Galaxy Entertainment Group.Leisure Resorts’ acting chairman, Eusebio Ta ...

Indiana Regulators Could OK Terre Haute Casino in Early 2020

Indiana Regulators Could OK Terre Haute Casino in Early 2020

by December 7, 2019

Indiana casino regulators could approve the development of a new casino in Terre Haute, Vigo County in the first quarter of 2020, news emerged this week.Interested casino developers had until December 2 to submit their license applications for the Terre Haute gambling venue. ...

EveryMatrix Leaves Danish B2C Space; Has It Landed in Regulatory Trouble?

EveryMatrix Leaves Danish B2C Space; Has It Landed in Regulatory Trouble?

by December 7, 2019

Provider of solutions for the iGaming industry EveryMatrix has announced that it is pulling its white label casino and betting arm from Denmark as part of a revamped corporate strategy that aims to strengthen the company’s position as a leader in the B2B space.News about the ...

Red Tiger Grows Swiss Footprint with Casino Davos Partnership

Red Tiger Grows Swiss Footprint with Casino Davos Partnership

by December 6, 2019

Online casino games provider Red Tiger has expanded its presence in the newly regulated Swiss gambling market with the recent roll-out of its slots library with Casino777.ch, the online casino operation of Casino Davos.Casino777 players now have access to a number of popular ...

Genesis Casino Player Hits €3.2 Million Jackpot on Mega Moolah

Genesis Casino Player Hits €3.2 Million Jackpot on Mega Moolah

by December 6, 2019

A Genesis Casino player from the UK has cashed in on a big jackpot while playing Microgaming’s hit Mega Moolah progressive slot.The lucky player, who chose to remain anonymous, hit a whopping €3,252,353.70 (£2,772,916.45) on November 8 after placing a €7.25 (£6.26) stake. As ...

Caesars Completes Rio Casino Sale

Caesars Completes Rio Casino Sale

by December 6, 2019

The sale of Rio All-Suite Hotel & Casino has been one of the most persistent rumors to pass from one Las Vegas industry ear to another for the better part of the decade.Casino and hospitality giant Caesars Entertainment Corp. this week announced that it has completed the ...

California Gardens Casino Hit with Record Fines over Poor AML Procedures

California Gardens Casino Hit with Record Fines over Poor AML Procedures

by December 6, 2019

Federal and California state regulators have hit the state’s second-largest card room with a $6 million penalty for failing to run an appropriate anti-money laundering program and to disclose a federal investigation into its AML practices, news emerged this past Thursday.Gar ...

Microgaming, Switch Studios Drop Glitzy New Blackjack, Baccarat Titles

Microgaming, Switch Studios Drop Glitzy New Blackjack, Baccarat Titles

by December 5, 2019

Leading online casino supplier Microgaming has recently dropped four new table game titles to up its game in that lucrative vertical and has revealed plans to soon release two more games.All new additions to Microgaming’s table games portfolio have been crafted by Switch Stu ...

SOFTSWISS Marks Estonia Gambling Market Entry with Kingswin Purchase

SOFTSWISS Marks Estonia Gambling Market Entry with Kingswin Purchase

by December 5, 2019

Online gambling provider SOFTSWISS is set to wrap a transformational year that saw it form important partnerships, introduce a new logo, and unveil plans to venture into new segments of the industry.Most recently, the company secured entry into a new market through an acquis ...

Australian Banks Could Ban or Limit Credit Card Gambling

Australian Banks Could Ban or Limit Credit Card Gambling

by December 5, 2019

Australian banks are seeking public input into plans for the implementation of restrictions or a ban on credit card gambling, it emerged today.The Australian Banking Association today released an 8-page consultation paper on the use of credit cards for gambling and invited t ...

Fewer Swedes Gamble in 2019 and Fewer Believe Operators Take Social Responsibility Seriously

Fewer Swedes Gamble in 2019 and Fewer Believe Operators Take Social Responsibility Seriously

by December 5, 2019

Fewer Swedes seem to be gambling, despite the reorganization of the local gambling market this past January, Sweden’s latest annual survey on gambling participation shows.Commissioned by the Swedish Gambling Authority, the survey has been conducted annually by opinion pollin ...

Danish Gambling Watchdog Warns 888 to Strengthen AML Controls

Danish Gambling Watchdog Warns 888 to Strengthen AML Controls

by December 4, 2019

Online gambling operator 888 Holdings was caught breaching Denmark’s money laundering laws by failing to report a customer’s suspicious transactions to competent authorities and to address the issue in a timely manner.In a probe into the matter, the Danish Gambling Authority ...

Playtech Boss Could Get £30 Million Bonus Subject to Share Price Performance

Playtech Boss Could Get £30 Million Bonus Subject to Share Price Performance

by December 4, 2019

Playtech Chief Executive Mor Weizer could trouser more than £30 million worth of company shares under a newly proposed bonus scheme that is yet to be approved by the gambling technology giant’s board.Playtech said Tuesday that it will hold a shareholder meeting on December 19 ...

Ocean Hires Terry Glebocki as Atlantic City’s Sole Female Casino CEO

Ocean Hires Terry Glebocki as Atlantic City’s Sole Female Casino CEO

by December 4, 2019

Long-time financial executive Terry Glebocki has been appointed as CEO of Atlantic City’s Ocean Casino Resort after serving in the role in an interim capacity since August.Ms. Glebocki has thus become the sole female casino boss in Atlantic City and has joined a handful of fe ...

BetEasy Now Fully Owned by Stars Group, Founder Matt Tripp Makes A$250m Exit

BetEasy Now Fully Owned by Stars Group, Founder Matt Tripp Makes A$250m Exit

by December 4, 2019

Australian bookmaker Matt Tripp is set to make a full exit from BetEasy, the sports betting operation he started in 2013, after he and his management team have agreed to sell their 20% stake in the business to majority stakeholder The Stars Group.The Stars Group, which curren ...