Japan’s Casinos to Contribute Funds for Problem Gambling Prevention

by July 4, 2017

Part of the money contributed to the Japanese government by the country’s future integrated resorts will be used to fund initiatives for problem gambling treatment and prevention, local media reported on Monday. The money collected will be directed towards the central government ...

Casino Boss Kazuo Okada Sues Family after Being Ousted from Okada Holdings Board

by July 3, 2017

Kazuo Okada is suing his family after being removed from the board of the Okada Holdings investment firm, the Japanese casino tycoon himself confirmed in an interview with global news outlet Reuters.Based in Hong Kong, Okada Holdings owns a majority stake in Japanese pachink ...

Hard Rock International Remains Sole Bidder for Catalan Casino

by July 3, 2017

Florida-based casino and café chain operator Hard Rock International has applied for a casino license to build an integrated resort not far from the city of Barcelona, Catalan media reported on Friday.It is believed that Hard Rock has remained the sole casino company interes ...

New Jersey Legislature Passes Daily Fantasy Sports Bill

by July 2, 2017

Daily fantasy sports may soon become a regulated industry in New Jersey after the state Legislature passed on Friday a bill that authorized the licensed provision of this type of service. The bill now needs one final approval from Gov. Chris Christie.The bill had previously ...

Colombia Opens Online Gambling Market with First License

by June 30, 2017

Colombian gambling regulator Coljuegos granted a first iGaming license, thus formally opening the country’s regulated iGaming market. Locally owned gaming company Aquila Global Group was the one to be authorized by the regulatory body. The operator is running the Wplay.co online ...

UK Gambling Commission Probes Ladbrokes over Sensitive Data Protection Concerns

by June 28, 2017

The UK Gambling Commission may launch a probe into the way gambling operator Ladbrokes protects and disposes of its customers’ personal information. The move may be found necessary after a recent incident in which papers containing sensitive details about customers of the company ...

Hard Rock International Pulls Out Of Cyprus Casino Project

by June 28, 2017

Casino operator Hard Rock International is pulling out of a €500-million project for the construction of what would be Europe’s largest integrated resort in the Republic of Cyprus.The announcement emerged on the same day when the Cypriot government gave formal permission to t ...

Family Rift Costs Japanese Casino Tycoon’s Board Seat at Okada Holdings

by June 28, 2017

Okada family members helped the Okada Holdings board oust Japanese billionaire Kazuo Okada from his role as a director, Reuters reported citing unnamed sources with knowledge of the matter.Based on information from three separate sources, the news agency revealed that a fami ...

William Hill Closes Israel-Based Office

by June 27, 2017

Gambling operator William Hill is planning to close its Israel-based office, forex trading news outlet LeapRate has reported citing unnamed sources with knowledge of the matter.The major UK bookmaker expanded its physical presence to Israel back in 2008 when it formed its on ...

Teddy Sagi Reduces Stake in Gambling Giant Playtech to 7.7%

by June 27, 2017

Israeli billionaire businessman Teddy Sagi is selling a 10.1% stake in online gambling giant Playtech, according to a Monday stock market statement. Mr. Sagi will thus reduce his holding in the company he had himself found to just 7.7%.Playtech announced after market’s closu ...

Melco-Hard Rock Consortium Seals Cyprus Casino Deal

by June 26, 2017

The deal for the construction of the Republic of Cyprus’ first casino is set to be signed today, local media has reported.At the time of writing, contract parties are likely to have placed the necessary signatures to seal the multi-million dollar worth plan. The casino contr ...

Crown Resorts Employees Plead Guilty to China Illegal Gambling Promotion Charges

by June 26, 2017

Crown Resorts employees who were detained in mid-October 2016 in China for the illegal promotion of gambling services were given nine- to ten-month sentences by the Baoshan District Court.Last fall, Chinese police detained 19 members of the casino operator’s staff for allege ...

Amaya to Extend PokerStars Global Footprint to India

by June 22, 2017

Online gambling giant Amaya Inc. is eyeing expansion into the emerging Indian online poker market, CEO Rafi Ashkenazi told media on Wednesday after the company’s annual shareholders meeting.It also became known that Amaya’s COO is currently in India to finalize a partnership ...

Federal Appeals Court Picks Connecticut’s Side in Casino Expansion Argument

by June 22, 2017

Las Vegas gambling operator MGM Resorts International suffered another blow in its continued effort to be allowed to bid for the right to build a casino in Connecticut.On Wednesday, a federal appeals court turned down the company’s claim that state officials had violated the ...

Pennsylvania Supreme Court Orders Ownership Review of Second Philadelphia Casino

by June 21, 2017

The Pennsylvania Supreme Court ruled earlier this week that the state’s Gaming Control Board should review the application for the construction of Philadelphia’s second casino and particularly the property’s proposed ownership structure.This could further delay the launch of ...