It is a well-known fact that the revenue generated through online poker activities in Italy has been really problematic recently. It became clear that the pessimistic numbers that were previously reported remained the same in January. Actually, the situation became even worse. I ...
With the winners from the 2014 British Poker Awards being announced only two days ago, we could say that we are well into the awards season. Now, it is time for the first ever American Poker Awards. The event is organized by the Global Poker Index to honor the best North American ...
Kangwon Land Inc., a South Korean casino resort operator, posted information about its financial performance in the fourth quarter of 2014. The company currently manages the only casino that allows residents of the country to enter its premises.Kangwon Land reported net profi ...
A report concerning the revenues generated by casino venues during the Chinese New Year celebrations was published mere hours ago.According to the information, a lot of tourists visited the Chinese administrative region. In combination with the Macau-based players, the mass ...
Las Vegas, Atlantic City, Macau. The first thing that usually pops into people’s minds when they hear the names of these three cities is casinos – their lavish casinos, offering countless gambling options. And that is probably the only thing they have in common.E ...
The newly founded charity organization announced on Wednesday it had raised over $350,000 as more poker players participated in the campaign over the last three months of 2014.The Raising for Effective Giving community of poker players said that over the three-month period en ...
Sweden-based gaming operator Mr Green & Co AB released a report on the financial performance of its subsidiary Mr Green Ltd., a company that offers to its customers an online casino, for the fourth quarter of fiscal year 2014.According to the information posted, Mr Green ...
The past two months have been quite eventful for the state of Indiana and its gambling industry. Its revenue from gaming activities fell considerably in 2014 as compared to what was generated the previous year. This imminently caught the attention of the Indiana General Assembly ...
Poker (and its variations) is among the most popular and highly appreciated games in the world. This is why it is not a surprise that so many poker tournaments take place daily and weekly. They give players the opportunity to demonstrate their abilities and win substantial money ...
The Chief Executive Officer of Crown Resorts – Mr. Rowen Craigie – shared that an agreement with the Victorian government, which reduced the VIP gambling tax rates, will provide his company with the opportunity to be more persistent when seeking more high rollers.The Austral ...
Cherry AB made a statement today and revealed a 44% increase in its annual online revenues. The announcement comes at a moment when the Sweden-based company is still focused on making its business profitable again.The revenues increase was not the only good news for Cherry. ...
The affiliate of the Malaysia-based conglomerate Genting Bhd – Genting Hong Kong Ltd – has made an update of the profit warning it posted earlier in February. The company reduced the projected 2014 profit decline and forecast a maximum of 36.7% for the period.The subsidiary ...
It would not be an exaggeration to say that the gambling sector in the United Kingdom had a pretty eventful year and the implementation of the so called Point of Consumption Tax had a devastating effect on the industry in general.In order to compensate for the losses, UK gamb ...
Yesterday, the Financial Services Bureau of Macau announced that city’s government collected the amount of MOP8.49 billion or US$1.06 billion in direct gaming taxes in January, posting a 29.7% decrease as compared to what was generated a year ago.Generally speaking, the ...
Earlier today, analysts at Credit Suisse AG, a Switzerland-based provider of various financial services, pointed out that the expected closures of junket operators in Macau might have serious impact on premium mass revenue and might also hurt the funding channels of players.P ...
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