Australia Still Facing Increasing Number of Problem Gamblers

Australia Still Facing Increasing Number of Problem Gamblers

by December 19, 2017

Australia is still battling rising addiction to gambling among local players, with slot machines also known as pokies becoming more popular among customers.The rising number of problem gamblers addicted to Australian poker machines have led to a massive wave of criticism fro ...

UKGC Multi-Operator Self-Exclusion Scheme Appears to Be Inefficient

UKGC Multi-Operator Self-Exclusion Scheme Appears to Be Inefficient

by December 18, 2017

A new wave of criticism has hit a UK Government scheme that is aimed at providing betting shops staff to prevent problem gamblers from getting access to their services.As revealed by Rob Cave, a BBC reporter acting under cover, pretended to be a gambling addict who should ha ...

US Sports Betting Landscape May Change in 2018

US Sports Betting Landscape May Change in 2018

by December 18, 2017

Sports betting landscape may change soon, with more US states turning their eyes towards sports betting legalization. Apart from the long-term efforts of New Jersey to see sports betting become legal, other states have also been considering possible expansion in terms of sports b ...

French Gambling Regulator Greenlights PokerStars’ Participation in Shared Liquidity Project

French Gambling Regulator Greenlights PokerStars’ Participation in Shared Liquidity Project

by December 15, 2017

PokerStars became the first online poker operator to be given the green light to participate in the shared online poker liquidity project. France’s online gambling regulator ARJEL issued on Thursday an order authorizing the poker room to merge cash game pools from the countries t ...

Casino Operator Crown Resorts Divests Assets to Reduce Net Debt

Casino Operator Crown Resorts Divests Assets to Reduce Net Debt

by December 14, 2017

Australian hotel and casino operator Crown Resorts today announced that it had locked several asset divestment deals and that it will be using proceeds from these to reduce its debt.Over the past year, the company has gradually disposed of its international assets in a bid t ...

Crown Towers Hotel at City of Dreams Casino Resort to Be Renamed in Early 2018

Crown Towers Hotel at City of Dreams Casino Resort to Be Renamed in Early 2018

by December 13, 2017

One of the hotels at City of Dreams Macau, an integrated resort operated by Hong Kong businessman Lawrence Ho’s Melco Resorts & Entertainment, will be rebranded early next year, a message on its official website reads.Crown Towers will begin operating as Nüwa from Januar ...

Opposition Mounts to Mykonos Casino Construction Proposal

Opposition Mounts to Mykonos Casino Construction Proposal

by December 12, 2017

Municipal authorities of the Greek island of Mykonos have launched a process for gathering signatures for a referendum on the potential construction of a casino. The move came after it was announced that the Greek government was considering a gambling bill that, among other thing ...

Renovation of Monte Carlo Resort and Casino Progresses Smoothly

Renovation of Monte Carlo Resort and Casino Progresses Smoothly

by December 11, 2017

Work on the planned transformation and rebranding of Monte Carlo Resort and Casino into Park MGM is progressing smoothly, casino developer and operator MGM Resorts International has confirmed recently.Launched in 1996, the Monte Carlo hotel and casino complex has been among ...

Malta to Exempt Betting from VAT

Malta to Exempt Betting from VAT

by December 10, 2017

The Maltese government has recently approved a measure that would allow for betting on events, including sports ones, to be exempt from Value Added Tax, local news outlet Times of Malta reported. The measure will come into force on January 1, 2018.According to a publication ...

The Barclays Reportedly Seek Buyer for The Ritz Club Casino

The Barclays Reportedly Seek Buyer for The Ritz Club Casino

by December 9, 2017

The Barclay brothers have reportedly been considering the sale of The Ritz Club in London. The Times reported today that the businessmen have appointed gaming advisory boutique Oakvale Capital to run the sale process on their behalf.The two brothers have declined to comment ...

Galaxy Entertainment to Expand Casino Business to the Philippines

Galaxy Entertainment to Expand Casino Business to the Philippines

by December 8, 2017

Hong Kong-based hotel and casino operator Galaxy Entertainment Group will pursue expansion in the Philippines, the company confirmed earlier today. Galaxy Entertainment is one of six concessionaires authorized to operate casino gambling in Macau.The company, founded by Chine ...

Casino Executives Bullish on Atlantic City’s Gambling Industry Revitalization

Casino Executives Bullish on Atlantic City’s Gambling Industry Revitalization

by December 7, 2017

Better use of the Atlantic City International Airport, the addition of more non-gambling entertainment services, and expansion of existing convention space are among the options that are believed to hold potential to help Atlantic City revitalize its casino industry, city casino ...

Macau Rentals Prices to Rise in Wake of MGM Cotai Casino Resort Launch

Macau Rentals Prices to Rise in Wake of MGM Cotai Casino Resort Launch

by December 6, 2017

The upcoming opening of the MGM Cotai integrated resort is expected to boost leasing demand in Macau as more foreign gambling executives will flock to the city, the South China Morning Post reported today citing real estate specialist JLL.The consultancy also expects a rise ...

Bill to Allow New Jersey to Enter International Online Gambling Liquidity Agreements

Bill to Allow New Jersey to Enter International Online Gambling Liquidity Agreements

by December 5, 2017

A New Jersey lawmaker introduced in late November a bill that, if passed by the state Legislature, would allow locally licensed iGaming operators to accept international players from countries where online gambling is legal.In addition, the bill would scrap a previous provisi ...

Bookmakers Lobby for More Operator-Friendly Gambling Taxes in Victoria

Bookmakers Lobby for More Operator-Friendly Gambling Taxes in Victoria

by December 4, 2017

Victoria-facing online gambling operators have reportedly launched lobbying efforts against the potential implementation of a 15% point of consumption tax, news outlet The Sydney Morning Herald reported earlier today.If such a tax is adopted in the state, this would mean tha ...