RI Governor Denies Twin River’s Retaliation Claims in Bitter Slot Machines Deal Dispute

RI Governor Denies Twin River’s Retaliation Claims in Bitter Slot Machines Deal Dispute

by October 28, 2019

The administration of Rhode Island Governor Gina Raimondo denied claims that Twin River Worldwide Holdings has been threatened by a senior staff member of the state’s top official that it would face regulatory trouble if it opposed a 20-year no-bid lottery contract extension for ...

Legal Gambling in Ukraine Could Generate Up to $300 Million in Tax Revenue

Legal Gambling in Ukraine Could Generate Up to $300 Million in Tax Revenue

by October 27, 2019

Legal gambling could pour between UAH5-9 billion (approx. $200-$300 million) into Ukraine’s coffers in the form of taxes, the nation’s Finance Minister, Oksana Markarova, said earlier this week.The minister’s comments were prompted by the recent introduction of a bill that s ...

Ladbrokes Eludes Penalty over Problem Gambler’s Victims NDAs

Ladbrokes Eludes Penalty over Problem Gambler’s Victims NDAs

by October 27, 2019

Ladbrokes will not be fined by the UK Gambling Commission for telling the victims of a high roller gambler, who stole money from them to fuel his gambling habit, that it would compensate them if they did not report the issue to the regulator.The Gambling Commission opened an ...

Hard Rock Submits Rockford Casino Proposal to Illinois Gaming Board

Hard Rock Submits Rockford Casino Proposal to Illinois Gaming Board

by October 26, 2019

Hard Rock International officially submitted on Friday its proposal for a $300 million casino complex in the Illinois city of Rockford to the state Gaming Board. The plan was endorsed by the City Council earlier this month.Hard Rock has partnered with 53 Rockford investors t ...

Swedish Gambling Watchdog Rolls Out New Money Laundering Reporting System

Swedish Gambling Watchdog Rolls Out New Money Laundering Reporting System

by October 26, 2019

Spelinspektionen is set to introduce a new system for reporting suspected money laundering and terrorism financing within Sweden’s regulated gambling industry, the regulator itself revealed in a Friday statement on its official website.The new reporting system, goAML, will r ...

Atlantic Club’s New Owner Hires Real Estate Broker ahead of Renovation

Atlantic Club’s New Owner Hires Real Estate Broker ahead of Renovation

by October 25, 2019

The new owner of the former Atlantic Club Casino Hotel in Atlantic City has hired a real estate broker and marketing manager as it looks to reopen the shuttered property as a non-gambling resort.Colosseo Atlantic City Inc., a New York-based investment and construction company ...

Greentube Launches Casino Titles with Grand Casino Baden

Greentube Launches Casino Titles with Grand Casino Baden

by October 25, 2019

Days after its entry into the regulated online gambling market of Switzerland, supplier of casino content Greentube announced that it has expanded its Swiss presence with the rollout of its titles with Grand Casino Baden.Under a partnership between Grand Casino Baden and Gre ...

Hard Rock Discloses Rockford Casino Investors after Criticism

Hard Rock Discloses Rockford Casino Investors after Criticism

by October 25, 2019

Hard Rock International has unveiled the entities and individuals who have invested in its proposed $300 million casino resort in the Illinois City of Rockford after a wave of criticism over the City Council’s decision to keep the list of investors confidential.As many as 53 ...

Higher Casino Entry Fees Will Hurt Singapore’s Mass Market, Maybank Analyst Warns

Higher Casino Entry Fees Will Hurt Singapore’s Mass Market, Maybank Analyst Warns

by October 25, 2019

Singapore nationals and permanent residents might choose to steer away from the city-state’s two casinos due to the steep hike in the entry fee they are required to pay in order to be allowed access to the gaming facilities, according to a Thursday note from Maybank Investment Ba ...

Las Vegas Sands Aggressively Pursuing Japan Expansion, Says CEO Sheldon Adelson

Las Vegas Sands Aggressively Pursuing Japan Expansion, Says CEO Sheldon Adelson

by October 24, 2019

Gaming and hospitality giant Las Vegas Sands is deeply interested in expanding into Japan’s nascent casino market, but wants to make sure that it has taken a prudent approach toward that potential expansion and the allocation of capital that it would require.The company’s pl ...

Yggdrasil Unveils New Norse Mythology-Inspired Slot

Yggdrasil Unveils New Norse Mythology-Inspired Slot

by October 24, 2019

Online casino games studio Yggdrasil Gaming has often found inspiration for its content from Norse mythology and its latest hit slot is no exception. The game supplier is taking players to the dwelling place of Norse gods in its newest release, Age of Asgard.The new slot fea ...

The Star Pitches A$2 Billion Gold Coast Casino Expansion Plan to Prevent Competition

The Star Pitches A$2 Billion Gold Coast Casino Expansion Plan to Prevent Competition

by October 24, 2019

Australian casino operator The Star Entertainment Group is once again trying to pressure the Queensland government into nixing a global tourism hub project that would include the Gold Coast’s second casino.The Star operates the city’s only casino – The Star Gold Coast – and ...

Cambodia Braces for Reduced Gambling Tax Contributions Resulting from Online Gambling Ban

Cambodia Braces for Reduced Gambling Tax Contributions Resulting from Online Gambling Ban

by October 24, 2019

Cambodia’s Finance Minister has warned his government colleagues that gambling tax contributions will decrease significantly from next year due to the recently approved ban on online gambling.Cambodia’s government collected tax revenue of $50 million in 2018 from gambling se ...

Videoslots to Enter Italian Online Gambling Market

Videoslots to Enter Italian Online Gambling Market

by October 23, 2019

Online casino operator Videoslots today announced that it has secured the necessary regulatory approval to enter Italy’s regulated online gambling market and further expand its European footprint.The popular casino brand that boasts a hefty range of more than 3,600 online sl ...

Microgaming Unveils Eerie New Slot A Dark Matter

Microgaming Unveils Eerie New Slot A Dark Matter

by October 23, 2019

With Halloween creeping up around the corner, major online casino supplier Microgaming has unveiled a dark and mysterious new slot that challenges players to venture into a quest for answers about what causes unexplained disappearances in a once calm and quiet English town.I ...