Lu Zhong Lou, a 49-year-old Chinese businessman, was reported to owe more than HK$3.5 billion (US$451 million) to Macau casino junket providers. It seems that Mr. Lu was a frequent visitor of famous gambling venues, such as Wynn Macau and Galaxy Macau.The Chinese high roller ...
It is quite clear that the Netherlands will not be done with its online gambling legislation until the first half of 2015. Yet, Kansspelautoriteit, the local betting and gaming regulatory body, has just signed an agreement with Maltese Lotteries and Gaming Authority (hereinafter ...
Florida may become the eighth state to permit the online purchase of lottery tickets, after state Senator Gwen Margolis submitted a bill on the topic a few days ago. The matter will be considered at the 2015 Florida Legislative Session.At present, Florida-based players can o ...
The 2014 partypoker.net World Poker Tour Montreal ended on Wednesday. The event was held at the Playground Poker Club in Canada. A total of 732 players took part in it, creating a prize pool of $2.3 million. American poker pro Jonathan Jaffe emerged as the tournament’s winn ...
Vietnam’s authorities are currently considering the opportunity for the introduction of a bill that will allow country’s citizens to enter casino premises. Representatives of Donaco International Ltd., a popular Asian provider of various entertainment and accommodatio ...
This October’s Las Vegas Strip gaming turnover was announced mere hours ago by the Nevada Gaming Control Board. According to the financial report, revenue dropped by 5.6% to US$520 million, as compared to last year’s results. The fall in baccarat win was pointed as th ...
Earlier in 2014, Gov. Markell’s administration released a plan that was intended to boost the revenues of Delaware-based casinos. It allowed gaming facilities to open independent slot venues at different locations across the state.Local Financial Secretary Tom Cook had ...
Hard Rock Hotel & Casino Lake Tahoe that will take the place of the old Horizon casino will open doors in the second half of January, 2015. Its executives announced that they would like for the new venue to generate most of its turnover from non-gambling activities.It wil ...
American poker player Steve Wolansky finished first at the 2014 Borgata Fall Poker Open $1 Million Guaranteed Championship, held last week in Atlantic City. Apart from the prestigious title, he acquired the sum of $330,887 of the total prize pool.This was not Wolansky’s ...
Popular slot machine maker Aristocrat Leisure Ltd. released its annual financial statement for FY2013-14. The company announced a loss of AU$16.4 million for the twelve-month period ended September 30 after taxes were subtracted.The manufacturer claimed that there were three ...
The city of Sochi became known earlier this year as being the host of the 2014 Winter Olympics. And now the Kremlin has decided that it might be turned into a popular gaming destination.Back in 2009, Russia took stern measures against gambling, restricting the establishment o ...
Hong Kong-based company International Entertainment Corporation, which showed interest in attaining 70% of Macau-listed Suncity International Holdings, announced mere days ago that the deal has not been inked yet.A special report was released, according to which, the two comp ...
Earlier this week, it was reported that Philadelphia is going to have yet another casino – the so-called Live! Hotel & Casino, which will be operated by Cordish Companies and Greenwood Gaming and Entertainment. This announcement, however, was not particularly welcomed by Sug ...
Popular Nevada-based casino and hotel operator Wynn Resorts Ltd. was reported to have been investigated by the Manhattan and Las Vegas U.S. Attorney’s offices together with representatives of the Internal Revenue Service and Drug Enforcement Administration. The company has been s ...
New information, concerning the cheating scandal at Ultimate Bet that surfaced back in May 2013, was just released. New Jersey’s Division of Gaming Enforcement (DGE) officially announced that by far no evidence was found about Jim Ryan, current managing director of online g ...
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