Events & Reports

David Baazov Insider Trading Trial Begins with Stay Request

David Baazov Insider Trading Trial Begins with Stay Request

by December 12, 2017

The insider trading trial involving former Amaya CEO David Baazov and two other individuals officially began on Monday. The businessman and his co-accused appeared in Québec court yesterday for the first hearing within what has been billed as Canada’s biggest insider-trading case ...

Antagonism towards Carl Icahn Threatens Atlantic City’s Future Investment Opportunities, Casino Industry Insiders Fear

Antagonism towards Carl Icahn Threatens Atlantic City’s Future Investment Opportunities, Casino Industry Insiders Fear

by December 11, 2017

Granting Carl Icahn $5.6 million from New Jersey’s alternative investment tax fund for the planned demolition of the shuttered Trump Plaza casino resort could be crucial for Atlantic City’s revitalization, according to gaming industry insiders cited by local news outlet the Press ...

European Commission Draws Criticism over Closure of Online Gambling Infringement Cases

European Commission Draws Criticism over Closure of Online Gambling Infringement Cases

by December 8, 2017

The European Commission announced on Thursday that it is dropping all infringement procedures against Member States in relation to online gambling. The institution explained that it has always tried to pursue its political priorities and this approach has been reflected in its tr ...

Playtech Founder Teddy Sagi Funds Smart Energy Start-Up

Playtech Founder Teddy Sagi Funds Smart Energy Start-Up

by December 7, 2017

Gambling boss Teddy Sagi is planning to invest $3 million into a smart energy start-up, it has emerged. Sagi, an Israeli-born businessman, is the founder of gambling software developer Playtech and has also recently invested in a number of other technology and real estate busines ...

RGA Report Finds 68% of All Gambling Portuguese Gamble on Unregulated Websites

RGA Report Finds 68% of All Gambling Portuguese Gamble on Unregulated Websites

by December 6, 2017

A report commissioned by the Remote Gambling Association (RGA) and compiled by Portuguese consultancy firm Eurogroup Consulting found that 68% of all Portuguese who gamble online have been doing this on unregulated websites since the introduction of the country’s new regulatory r ...

Casino Expansion Bill Proposes Gambling Venues on Three Greek Islands

Casino Expansion Bill Proposes Gambling Venues on Three Greek Islands

by December 5, 2017

The government of Greece is planning to vote on a bill that would, among other things, allow for the construction of new casinos in popular tourism hubs around the country and for the relocation of existing gambling venues.The casino expansion and relocation provisions come ...

Caravelle Hotel & Casino Buys Two Virgin Islands Hotels

Caravelle Hotel & Casino Buys Two Virgin Islands Hotels

by December 4, 2017

The owner of Virgin Islands’ Caravelle Hotel & Casino has recently confirmed the addition of two hotels to its operations. Both hotels – King Christian Hotel and Company House Hotel – are located in Christiansted, known to be the largest town on the Saint Croix island.Th ...

Tioga Downs Casino Unveils 161-Room Hotel

Tioga Downs Casino Unveils 161-Room Hotel

by December 3, 2017

Tioga Downs Casino was officially expanded into a full-scale resort on Friday when an adjacent 161-room hotel opened doors. The Nichols, New York-based property thus became the third commercial hotel and casino complex to become operational in the state this year.Tioga Downs& ...

Melco to Shift Headquarters to Japan if Granted with Casino Operating License

Melco to Shift Headquarters to Japan if Granted with Casino Operating License

by December 1, 2017

After reiterating his company’s willingness to enter Japan at the beginning of October, now the Chairman and Chief Executive Officer of Melco Resorts & Entertainment, Lawrence Ho, now promised to move the Group’s headquarters to Japan in case it is granted with an operating l ...

Spectrum Gaming Predicts Two-Year Battle for Three Casino Licenses in Japan

Spectrum Gaming Predicts Two-Year Battle for Three Casino Licenses in Japan

by November 29, 2017

The licensing process for up to three integrated casino resorts in Japan could take up to two years, research firm Spectrum Gaming Group said in its recently published 2018 gaming industry trends list.According to the independent consultation service provider, major gambling ...

Fourth New York Commercial Casino on Schedule to Open Doors in Q1 2018

Fourth New York Commercial Casino on Schedule to Open Doors in Q1 2018

by November 28, 2017

Resorts World Catskills is on track to open doors in the spring of 2018, Ron Ochrym, the Acting Executive Director of the New York State Gaming Commission, said on Monday. The casino resort will be the fourth commercial property of this kind to be established in Upstate New York. ...

Portugal to Amend Online Gambling Law

Portugal to Amend Online Gambling Law

by November 27, 2017

Portugal’s government will review the country’s gambling laws in 2018, local media reported on Friday. The Iberian country regulated its online gambling market in 2015 and officially opened it for international operators in the summer of 2016, when the first online gambling licen ...

French Online Gambling Regulator Urges Start of Shared Online Poker Liquidity Project

French Online Gambling Regulator Urges Start of Shared Online Poker Liquidity Project

by November 27, 2017

The French online gambling regulator, ARJEL, has reportedly contacted its Italian counterpart inquiring about the latter’s progress on the realization of the shared online poker liquidity project.It was in July 2017 when the gambling regulatory bodies of France, Italy, Spain ...

Bookmakers’ Hospitality to MPs Raises More Concerns in FOBTs Debate

by November 26, 2017

The most recent figures about hospitality British MPs have received from bookmakers have raised additional questions and doubts whether participants in the debate over the controversial fixed-odds betting terminals have been presenting impartial and unbiased views on the matter. ...

Dutch Lower House Gives the Nod to Temporary Gambling Tax Increase

Dutch Lower House Gives the Nod to Temporary Gambling Tax Increase

by November 24, 2017

The Dutch Lower House approved earlier this week the previously proposed temporary increase of the tax paid by regulated gambling operators servicing local customers, Dutch gambling news outlet GaminginHolland reported earlier today.Dutch lawmakers previously called for a 1. ...