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 ...

Malta Prime Minister Inaugurates The Stars Group’s New Maltese Office

Malta Prime Minister Inaugurates The Stars Group’s New Maltese Office

by August 3, 2017

Canadian online gambling company The Stars Group has moved its office in Malta to a new location, local media has reported. The new office was inaugurated by Joseph Muscat, who was recently re-elected as Prime Minister of the island nation.It was only a few days ago when the ...

New Jersey Pro-Gambling Senator Proposes Online Gambling Player Pooling

New Jersey Pro-Gambling Senator Proposes Online Gambling Player Pooling

by August 3, 2017

A pro-gambling legislator from New Jersey is planning to introduce a bill that would allow the state to share player pools with Nevada and Delaware as well as with regulated online gambling markets in and beyond the United States.Sen. Raymond Lesniak told local media on Wedn ...

Public Hearings on Casino Resorts Set to Be Held in Japan

Public Hearings on Casino Resorts Set to Be Held in Japan

by August 2, 2017

Public hearings in relation to the recently released recommendations for the regulation of Japan’s young casino industry will take place in nine Japanese cities, The Japan Times reported earlier today.Japanese officials from a specially assembled government committee will tr ...

India Sports Betting Legalization Talks Progress

India Sports Betting Legalization Talks Progress

by August 2, 2017

Shortly after Indian news outlets reported that the country’s Sports Ministry has initiated talks over the potential legalization of sports betting activities beyond horse racing, it has become known that an official from the ministry has discussed the matter with a member of the ...

Amaya Becomes The Stars Group after Planned Rebranding

Amaya Becomes The Stars Group after Planned Rebranding

by August 1, 2017

Canadian online gambling giant Amaya announced earlier today that it has completed its planned rebranding as The Stars Group and the relocation of its headquarters from Montreal to Toronto. It also revealed a new corporate logo and launched a new website to mark the beginning of ...