Greek Taxman Slaps €200-Million Tax Bill on Gambling Operator GVC

Greek Taxman Slaps €200-Million Tax Bill on Gambling Operator GVC

by January 26, 2018

One of GVC Holdings’ online sports betting brands has received an unexpectedly high tax bill, following an audit by Greece’s taxman. The €186.77-million tax bill was addressed to Sportingbet, which GVC acquired back in 2013.The Isle of Man-based gambling giant may thus be fo ...

Third Time Not the Charm: MGM China Delays Cotai Strip Casino Opening Once Again

Third Time Not the Charm: MGM China Delays Cotai Strip Casino Opening Once Again

by January 25, 2018

MGM China Holdings, subsidiary of Las Vegas casino giant MGM Resorts International, said in a Thursday filing to the Hong Kong Stock Exchange that it would delay the opening of MGM Cotai for a fourth time.The $3.4-billion integrated resort, MGM’s first on the Cotai Strip, wa ...

First Gambling Expansion Plans Creep Into Florida Legislature as Session Begins

First Gambling Expansion Plans Creep Into Florida Legislature as Session Begins

by January 24, 2018

Florida House Speaker Richard Corcoran refused to provide his own predictions on whether his home state would succeed in passing a sweeping gambling reform during this year’s legislative session, which convened on January 9 and ends on March 9, local news outlet Florida Politics ...

MassGaming Collaborates with Casino Operators to Develop Responsible Gambling Tools

MassGaming Collaborates with Casino Operators to Develop Responsible Gambling Tools

by January 23, 2018

The Massachusetts Gaming Commission has agreed to collaborate with Las Vegas casino giants MGM Resorts International and Wynn Resorts on devising responsible gambling systems for patrons at the two companies’ casinos in the state.Said systems will allow casino players to set ...

Wynn Resorts Expands Presence in World’s Two Largest Casino Hubs

Wynn Resorts Expands Presence in World’s Two Largest Casino Hubs

by January 23, 2018

US businessman Steve Wynn expressed confidence that his casino company Wynn Resorts will continue conducting business in Macau after casino licenses begin to expire in 2020. Las Vegas-headquartered Wynn Resort, which is headed by Mr. Wynn, currently operates two casino in the Chi ...

More Details Surface about Sweden’s Online Gambling Regulation Push

More Details Surface about Sweden’s Online Gambling Regulation Push

by January 22, 2018

A few more details about the nearing regulation of Sweden’s online gambling market emerged late last week. In a post on his LinkedIn page, Mark Knighton, Founder and CEO of Gothenburg-based business consultant Obsidian Consultancy, discussed several important provisions that were ...

MGM Springfield Starts Training Courses for Future Casino Employees in Late February

MGM Springfield Starts Training Courses for Future Casino Employees in Late February

by January 19, 2018

MGM Springfield, the $950-plus-million integrated resort currently under construction in Springfield, Massachusetts, will begin training prospective table game dealers in late February, Connecticut news outlet the Hartford Courant reported.Las Vegas casino operator MGM Resor ...

Delaware North Buys Mardi Gras Casino & Resort to Expand West Virginia Presence

Delaware North Buys Mardi Gras Casino & Resort to Expand West Virginia Presence

by January 19, 2018

Buffalo, New York-based gaming and hospitality company Delaware North Companies confirmed on Thursday that it would buy Mardi Gras Casino & Resort in Cross Lanes, West Virginia for an undisclosed price. The hotel and casino venue is currently owned by real estate company Hart ...

Dutch Government Plans to Complete Holland Casino Privatization by 2020

Dutch Government Plans to Complete Holland Casino Privatization by 2020

by January 18, 2018

The Dutch government is ready to move forward with the privatization of the state-run casino operator Holland Casino, local media reported. Dutch State Secretary of Finance Menno Snel said on Wednesday during a Lower House consultation that the planned privatization could be comp ...

MGM Resorts Gears Up for Springfield Casino Opening with New Corporate Offices

MGM Resorts Gears Up for Springfield Casino Opening with New Corporate Offices

by January 17, 2018

MGM Resorts International has recently moved into its new corporate offices in Springfield, Massachusetts, where it is currently building the $950-million MGM Springfield casino resort. The move comes as another indication that the major casino operator is well on schedule to com ...

Irish Problem Gambling Organization Seeks Ban on Free Bets

Irish Problem Gambling Organization Seeks Ban on Free Bets

by January 16, 2018

An Irish problem gambling organization is calling for a ban on the so-called free bets offered by online bookmakers and for the introduction of a set of measures that will ensure gambling products are advertised in a socially responsible manner, local news outlets report.Bar ...

Greek Government Approves Highly Contested Casino Expansion Plan

Greek Government Approves Highly Contested Casino Expansion Plan

by January 16, 2018

The Greek government approved late on Monday an omnibus bill that included a swathe of fiscal, energy, and labor reforms, despite heated rallies outside the Parliament building. The 1,500-page legislative piece also included already highly contested changes in Greece’s casino ind ...

Santorini and Crete Prepare Actions against Proposed Casino Expansion

Santorini and Crete Prepare Actions against Proposed Casino Expansion

by January 15, 2018

The Greek islands of Santorini and Crete have voiced opposition to the government’s plan to allow the construction of three new casinos on three islands, local media reports. The reports have emerged shortly after the Mayor of Mykonos, the third Greek island mentioned as part of ...

Greece’s Planned Regulatory Reform on Gambling Faces Growing Opposition

Greece’s Planned Regulatory Reform on Gambling Faces Growing Opposition

by January 13, 2018

Greek casino officials voiced concerns earlier this week that the planned overhaul of the country’s gambling industry favors new casinos over existing ones. A draft bill that calls for significant changes within the nation’s gambling sector is currently under consider ...

Casino Concession Negotiations and Triad Links Could Impact Macau’s Economy in 2018

Casino Concession Negotiations and Triad Links Could Impact Macau’s Economy in 2018

by January 12, 2018

Upcoming negotiations over the future of Macau’s six casino concessionaires and the special administrative region’s links to organized crime may have negative impact on a promising year for the city, risk mitigation expert and business consultant Steve Vickers said earlier this w ...