James Packer Steps Down as Director of Crown Resorts

James Packer Steps Down as Director of Crown Resorts

by March 21, 2018

The Australian billionaire media and casino mogul James Packer has stepped down from the board of Crown Resorts. The company revealed the move in a brief statement posted today on its website, saying that Packer is leaving his role of director “for personal reasons”.The Exec ...

Macau’s Galaxy Receives Casino License for $500-Million Boracay Resort

Macau’s Galaxy Receives Casino License for $500-Million Boracay Resort

by March 21, 2018

Construction work on a $500-million casino resort on the Boracay Island is slated to begin in 2019, developers Galaxy Entertainment and Leisure and Resorts World Corp. confirmed earlier today.The Macau-based casino operator and its Philippine partner signed today the provisi ...

Bulgarian Slot Machine Hackers Arrested after Pulling Off Sophisticated Scam

Bulgarian Slot Machine Hackers Arrested after Pulling Off Sophisticated Scam

by March 20, 2018

Four individuals have been detained in Bulgaria after an operation by the General Directorate Combating Organized Crime (GDCOC) uncovered that they had defrauded casinos and gaming halls across the country out of large amounts of money by hacking their gaming machines.The op ...

888 Contemplates Exit from Germany, Cites Tax and Regulatory Challenges

888 Contemplates Exit from Germany, Cites Tax and Regulatory Challenges

by March 20, 2018

Gibraltar-based online gambling operator 888 Holdings is considering its exit from Germany after a recent court ruling banned its operations in the country and due to uncertainty over a potential VAT bill for services it had provided to German customers prior to 2015.The oper ...

Vietnamese MoPS Provides Details about Illegal Online Gambling and Money Laundering Case

Vietnamese MoPS Provides Details about Illegal Online Gambling and Money Laundering Case

by March 19, 2018

An official announcement regarding the biggest online gambling ring has been made by the Vietnamese Ministry of Public Security (MoPS), with a crackdown on online gambling and illegal money laundering in a number of cities and provinces across the country. The statement was launc ...

Leisure and Resorts World Buys Land on Boracay to Develop Casino Resort

Leisure and Resorts World Buys Land on Boracay to Develop Casino Resort

by March 19, 2018

Philippine gambling company Leisure and Resorts World Corp. (LRWC) today announced that it has purchased a 23-hectare site on the Boracay Island to build an integrated resort in partnership with Macau-based casino operator Galaxy Entertainment Group Ltd.As revealed in a Mond ...

Bill Allowing Fourth Casino in Connecticut Clears Committee Vote

Bill Allowing Fourth Casino in Connecticut Clears Committee Vote

by March 18, 2018

Connecticut lawmakers approved on Friday a revised bill that could pave the way for the construction of the state’s fourth casino. The piece of legislation nearly died in the General Assembly’s Public Safety and Security Committee, but last-ditch efforts from lawmaker ...

RTÉ Admits Ryan Tubridy Show Listeners Should Have Been Informed about Paddy Power Sponsorship

RTÉ Admits Ryan Tubridy Show Listeners Should Have Been Informed about Paddy Power Sponsorship

by March 17, 2018

Irish national broadcaster RTÉ admitted that The Ryan Tubridy Show should have been more specific that the Wednesday programme, which was broadcast live from the Cheltenham Festival, was actually sponsored by gambling operator Paddy Power.It became known that the Dublin-base ...

Boracay Casino Plan Advances as President Duterte Wages War on the Island

Boracay Casino Plan Advances as President Duterte Wages War on the Island

by March 16, 2018

Macau gambling operator Galaxy Entertainment Group is moving forward with plans to build $500-million casino resort on the Philippine island of Boracay, despite recent threats by President Rodrigo Duterte that he would close the popular tourist hub over over-development concerns, ...

Delaware Governor Agrees to Immediately Start Casino Tax Cut Talks

Delaware Governor Agrees to Immediately Start Casino Tax Cut Talks

by March 15, 2018

Delaware Governor John Carney has agreed that discussions about the proposed casino tax relief reform should not be delayed any longer. At a Wednesday meeting of the Senate Finance Committee, Secretary of Finance Richard Geisenberger said that negotiations should start immediatel ...

Ryan Tubridy Slammed for Featuring Paddy Power-Sponsored Content in Cheltenham Broadcast

Ryan Tubridy Slammed for Featuring Paddy Power-Sponsored Content in Cheltenham Broadcast

by March 15, 2018

The Ryan Tubridy Show, a daily talk radio show on Irish station RTÉ Radio 1, has responded to criticism that it failed to inform listeners that yesterday’s broadcast was sponsored by Irish gambling operator Paddy Power, The Times reports.On Wednesday, presenter Ryan Tubridy ...

Bill Cutting Casino Tax Revenue Stirs in Delaware Senate

Bill Cutting Casino Tax Revenue Stirs in Delaware Senate

by March 14, 2018

The Delaware Senate Finance Committee could consider on Wednesday a bill that calls for a significant cut to the current tax the state’s three casinos are required to pay annually.Local media reported that Gov. John Carney met with the bill’s sponsors Tuesday to negotiate a d ...

Attorney General Rejects Arkansas Casino Expansion Proposal for the Second Time

Attorney General Rejects Arkansas Casino Expansion Proposal for the Second Time

by March 13, 2018

Arkansas state attorney general Leslie Rutledge has once again rejected the casino expansion proposal by pro-casino group Driving Arkansas Forward. The proposed change is planned for the November ballot and if approved, it would allow new casinos to be opened in Jefferson and Pop ...

Caesars Disputes Transfer Fee for $1.7-Billion Indiana Casino Acquisition Deal

Caesars Disputes Transfer Fee for $1.7-Billion Indiana Casino Acquisition Deal

by March 13, 2018

Las Vegas casino giant Caesars Entertainment Corp. has threatened to abandon a $90-million casino project in Indiana, if the state’s gaming regulator decides that a $50-million transfer fee applies to the operator’s acquisition of Centaur Gaming LLC.Late last year, the major ...

Casino Exec Recommends More Gaming Concessions in Macau

Casino Exec Recommends More Gaming Concessions in Macau

by March 12, 2018

Macau-based CEO and Co-Chairman of Macau Legend Development Limited, David Kam Fai Chow thinks the local gambling market could take two or three more gaming concessionaires. With the current licenses expiring in 2020 and 2022, the government should consider exploring new opportun ...