Pennsylvania Video Gaming Terminals Discussions to Be Renewed in September

Pennsylvania Video Gaming Terminals Discussions to Be Renewed in September

by August 15, 2017

Pennsylvania has been trying to close its 2017-18 budget for quite some time now, but without much success. State lawmakers are in a desperate search for additional revenue sources to fill a massive budget hole and gambling expansion has been considered one of the possible soluti ...

PokerStars Announces Mid-September Departure from Australian Online Poker Market

PokerStars Announces Mid-September Departure from Australian Online Poker Market

by August 14, 2017

Online poker operator PokerStars has informed its Australian players that it would depart the local market in mid-September, following the recent approval of the Interactive Gambling Amendment Bill 2016.The company is yet to announce an official exit date, but assured its Au ...

Japanese Lawmakers Discuss Addition of Poker at Casino Floors

Japanese Lawmakers Discuss Addition of Poker at Casino Floors

by August 13, 2017

With the Japanese Cabinet Office currently working on a second casino bill, discussions have emerged on the type of games that should be allowed at the country’s first gambling resorts.According to local media, proposals have been made for poker to be added to the list ...

NagaCorp Reportedly Eyes Casino Development Opportunities in Queensland

NagaCorp Reportedly Eyes Casino Development Opportunities in Queensland

by August 12, 2017

Cambodian casino operator NagaCorp has reportedly set eyes on Cairns as the potential host of a casino resort. Reports about the company’s interest have emerged shortly after the Queensland government rejected a A$3-billion project for a Gold Coast integrated resort.It ...

Last of Detained Crown Casino Employees to Be Released on August 12

Last of Detained Crown Casino Employees to Be Released on August 12

by August 11, 2017

The final six of a total of 16 Crown Resorts employees are set to be released from Chinese detention centers on Saturday, according to local media reports. The Australian casino operator’s Head of International High Roller Operations, Jason O’Connor, is also among the staff membe ...

The Stars Group to Pursue Casino and Sportsbook Merger and Acquisition Opportunities

The Stars Group to Pursue Casino and Sportsbook Merger and Acquisition Opportunities

by August 10, 2017

Canadian gambling giant The Stars Group posted on Wednesday its first financial report since the completion of its rebranding. In general, the financial picture presented by the company was quite bright with considerable year-on-year increase in key performance indicators that en ...

MGM’s Cotai Casino Could Benefit from Its Delayed Opening

MGM’s Cotai Casino Could Benefit from Its Delayed Opening

by August 10, 2017

The gambling crackdown initiated by Chinese President Xi Jinping revealed to the Macau government the special administrative region’s high reliance on its casino industry. And it also showed the casino industry’s great reliance on revenue from VIP players from Mainland China. ...

Nationwide Online Gambling Ban Passes Through Australian Senate

Nationwide Online Gambling Ban Passes Through Australian Senate

by August 9, 2017

The Australian Senate approved earlier today the Interactive Gambling Amendment Bill 2016, which would generally place a nationwide ban on the provision of online casino and poker services.The bill’s passage through the upper house of the Australian Parliament came only a we ...

Israeli Lawmakers Approve Binary Options Ban

Israeli Lawmakers Approve Binary Options Ban

by August 8, 2017

The proposed prohibition of the provision of binary options services from within Israel has come a step closer to realization, financial and business news outlet Finance Magnates reported on Monday. A draft legislation passed the country legislature’s Reforms Committee by a unani ...

Gambling Industry Poised to Bring Further Economic Growth to Malta

Gambling Industry Poised to Bring Further Economic Growth to Malta

by August 7, 2017

The Government of Malta will strive to improve the island nation’s GDP growth from last year by reaching a 6.5% real-term economic growth by the end of 2017. In 2016, a GDP growth of 5% was registered. Lawmakers will also try to ensure a 0.5% GDP surplus this year.Speaking t ...

Trump Representative Receives Trademarks in Macau

Trump Representative Receives Trademarks in Macau

by August 7, 2017

A company, tasked with handling various trademarks on behalf of US President Donald Trump, has received approvals for the development of the Trump brand on the territory of Macau, the only place in China where casino gambling is legal.The green light for the additional tradem ...

UK Chancellor of Exchequer Reportedly Blocks Gambling Machines Crackdown

UK Chancellor of Exchequer Reportedly Blocks Gambling Machines Crackdown

by August 6, 2017

British Chancellor of the Exchequer Philip Hammond has reportedly blocked attempts for a fixed-odds betting terminals crackdown, The Daily Mail wrote on Saturday. The story was later on branded as ‘fake news’ by Tracey Crouch, the Under Secretary of State for Sport an ...

Greek Finance Ministry Proposes Reduction of OPAP-Operated Video Lottery Terminals

Greek Finance Ministry Proposes Reduction of OPAP-Operated Video Lottery Terminals

by August 5, 2017

The Greek Ministry of Finance proposed on Friday a reduction in the number of video lottery terminals (VLTs) local operator OPAP should be allowed to roll out in the country to 25,000 from the previously approved 35,000 such devices.A bill on the matter was introduced to the ...

Antigua and Barbuda to Seek Further Help from WTO in US Online Gambling Dispute

Antigua and Barbuda to Seek Further Help from WTO in US Online Gambling Dispute

by August 4, 2017

The government of Antigua and Barbuda issued a statement to congratulate Calvin Ayre shortly after the gambling businessman saw all felony charges brought against him by the US dropped.Mr. Ayre was indicted by the District of Maryland US Attorney back in 2012 for violating U ...

Hong Kong Businessman Reportedly Eyes Vacant Gold Coast Casino License

Hong Kong Businessman Reportedly Eyes Vacant Gold Coast Casino License

by August 4, 2017

A Hong Kong billionaire investor is reportedly considering the possibility to build an integrated resort in Australia’s Gold Coast region, The Gold Coast Bulletin reported earlier today citing an unnamed resource.Reports are emerging just days after the Queensland government ...