Despite Positive Outlook for Macau, US-China Trade War May Impact Gambling Revenues

Despite Positive Outlook for Macau, US-China Trade War May Impact Gambling Revenues

by August 10, 2018

The International Monetary Fund expects Macau to become the richest place in the world by 2020, overtaking oil-rich Qatar as the jurisdiction with the highest GDP. Meanwhile, the trade war between China and the United States continues to escalate and some experts forecast a negat ...

Apple Wipes Out Individual Developers’ Gambling Apps from App Store

Apple Wipes Out Individual Developers’ Gambling Apps from App Store

by August 9, 2018

A large number of gambling-related mobile applications have been removed from the App Store and hundreds more would likely follow after Apple implemented a new App Review policy today. In an attempt to fight illegal online gambling activity, the tech giant wiped out individual de ...

University Approves Plans to Purchase Former Atlantic Club Casino

University Approves Plans to Purchase Former Atlantic Club Casino

by August 9, 2018

Four years after New Jersey’s Atlantic Club Casino Hotel shut down, Stockton University has decided to acquire the now abandoned property. On Wednesday, the university’s board of trustees approved plans to purchase the closed casino resort, which is located near a new residential ...

Philippine President Vows to Block All New Casino Projects in the Country

Philippine President Vows to Block All New Casino Projects in the Country

by August 8, 2018

Philippine President Rodrigo Duterte has reiterated his commitment to prevent any new casino resort projects from materialization in the country just a day after he said he would block the construction of Landing International Development’s $1.5-billion integrated resort in ...

Twin River Announces August 28 Closure Date for Newport Casino

Twin River Announces August 28 Closure Date for Newport Casino

by August 8, 2018

Twin River Management Group has confirmed a closing date for its Newport Grand Casino in Newport, Rhode Island. The property is slated to be shuttered on August 28 and its gaming license will be transferred to the company’s newly built Twin River Tiverton Casino in Tiverton, Rhod ...

Philippine President Blocks Landing’s Manila Casino Resort Project

Philippine President Blocks Landing’s Manila Casino Resort Project

by August 7, 2018

Philippine President has a new target in his ongoing war against the proliferation of gambling in the country as a spokesperson for the official announced earlier today that he would cancel a recently approved project for the construction of a $1.5-billion casino resort in the ca ...

Stockton University Could Buy Shuttered Atlantic Club Casino

Stockton University Could Buy Shuttered Atlantic Club Casino

by August 7, 2018

New Jersey’s Stockton University is considering the purchase of the ill-fated Atlantic Club Casino Hotel as part of its expansion into Atlantic City, the Press of Atlantic City reported Monday.It was understood that the university’s Board of Trustees will discuss the potenti ...

Casino Boss Kazuo Okada Detained in Hong Kong on Fraud Charges

Casino Boss Kazuo Okada Detained in Hong Kong on Fraud Charges

by August 6, 2018

Japanese tycoon Kazuo Okada was reportedly arrested in Hong Kong on fraud charges, according to Chinese media outlets. Mr. Okada was the founder and Chairman of pachinko and slot machine manufacturer Universal Entertainment Corp., but was ousted from the company last summer after ...

Goans May Be Banned from Local Casinos as Part of Larger Industry Re-Regulation Drive

Goans May Be Banned from Local Casinos as Part of Larger Industry Re-Regulation Drive

by August 5, 2018

Residents of the Indian state of Goa might be banned from local casinos from next year, Chief Minister Manohar Parrikar said on Friday. The state currently has 15 operational casinos – six riverboat ones, floating across the Mandovi River, and nine onshore ones located at luxury ...

Crown Resorts Allowed to Keep Melbourne Casino License

Crown Resorts Allowed to Keep Melbourne Casino License

by August 3, 2018

Australian gambling operator Crown Resorts will keep the license for its Melbourne casino operation, following today’s publication of a review of the business by the Victorian Commission for Gambling and Liquor Regulation (VCGLR).In its sixth review into Crown’s operations, ...

SiGMA’s Eman Pulis Joins Ganapati as Senior Advisor ahead of Planned G8C ICO

SiGMA’s Eman Pulis Joins Ganapati as Senior Advisor ahead of Planned G8C ICO

by August 3, 2018

International gaming company Ganapati Group today announced the appointment of Eman Pulis as a Senior Advisor of its subsidiary GanaEight Coin Limited, issuer of the G8C tokens, ahead of a planned ICO launch. Mr. Pulis is the founder and CEO of SiGMA (Summit of iGaming Malta) and ...

Saratoga Casino Completes Acquisition of Ellis Park Racetrack in Kentucky

Saratoga Casino Completes Acquisition of Ellis Park Racetrack in Kentucky

by August 2, 2018

Saratoga Casino and Hospitality Group completed earlier this week the purchase of the Ellis Park thoroughbred racetrack, officials at the gaming and hospitality company have confirmed.The racetrack and simulcast venue is located in Henderson, Kentucky, not far of the state’s ...

Nairobi County Seeks 30% Casino Revenue Share

Nairobi County Seeks 30% Casino Revenue Share

by August 2, 2018

The Nairobi County government tabled a proposal that if approved would see the Kenyan capital receive a 30% share of the revenue generated by its legal casinos. The proposal is part of the Finance Bill 2018, which was introduced to Kenya’s National Assembly earlier this week. ...

CrownBet and William Hill Australia Set to Combine into BetEasy

CrownBet and William Hill Australia Set to Combine into BetEasy

by August 1, 2018

Australian sports betting operator CrownBet is set to rebrand as BetEasy following the recent acquisition of William Hill Australia’s assets, the company’s CEO Matt Tripp said yesterday in an interview with local news outlet Fairfax Media. The rebranded business will relaunch in ...

Non-Gambling Investment Will Be Welcome on Boracay, President Duterte Spokesperson Says

Non-Gambling Investment Will Be Welcome on Boracay, President Duterte Spokesperson Says

by July 31, 2018

New tourism projects would be welcome on Boracay when it opens after its six-month environmental cleanup, except casino resorts, a spokesperson for Philippine President Rodrigo Duterte has said in series of comments on the matter over the past few days.Presidential spokesper ...