Hard Rock International Reportedly Eyes Participation in Vietnam Casino Resort Masterplan

Hard Rock International Reportedly Eyes Participation in Vietnam Casino Resort Masterplan

by July 20, 2017

Officials from the Thừa Thiên-Huế Province in North Central Vietnam have asked the country’s government to give the nod to the addition of a casino to the Banyan Tree Lang Cô integrated resort.Reportedly, Florida-headquartered casino and café chain operator Hard Rock Interna ...

Hague Court Affirms Dutch Gaming Authority’s Right to Fine iGaming Operators

Hague Court Affirms Dutch Gaming Authority’s Right to Fine iGaming Operators

by July 20, 2017

The Hague District Court ruled last week that the Dutch Gaming Authority, Kansspelautoriteit, had imposed rightfully six-figure fines on iGaming operators that had violated the Netherlands’ gambling laws.The ruling came in relation to hefty fines the gambling regulator had p ...

Russia’s Primorye Integrated Entertainment Zone Launches Call for Bids for Three Casino Sites

Russia’s Primorye Integrated Entertainment Zone Launches Call for Bids for Three Casino Sites

by July 19, 2017

Government-run Primorsky Krai Development Corp. launched last week a call for bids for three sites for the development of casino resorts in Russia’s Primorye Integrated Entertainment Zone.Interested developers will be able to submit their applications until August 28 and the ...

Brazil Seeks to Block Online Gambling Transactions

Brazil Seeks to Block Online Gambling Transactions

by July 19, 2017

Brazil may ban the use of credit and debit cards as well as other means for digital payments for betting on offshore gambling websites, local media has reported.Brazilian Sen. Ciro Nogueira has recently introduced a bill that aims to close a loophole in Brazil’s existing gam ...

Cyprus’ First Integrated Resort to Feature VIP Casino Facility

Cyprus’ First Integrated Resort to Feature VIP Casino Facility

by July 18, 2017

More details about the Republic of Cyprus’ first casino resort emerged from Spectrum Gaming Capital (SGC), the financial advisory firm that advised the preferred developer throughout the bidding process and afterwards.The New York City-headquartered company has revealed in a ...

PokerStars Leaves Colombian Online Gambling Market

PokerStars Leaves Colombian Online Gambling Market

by July 18, 2017

PokerStars quietly left the newly regulated Colombian iGaming market, after the country’s online gambling regulator, Coljuegos, blocked last week the first of a list of 325 unlicensed online gambling operators.On Friday, the online poker room informed its local players via e ...

GIG Buys Scandinavia-Facing iGaming Affiliate Network for €26 Million

GIG Buys Scandinavia-Facing iGaming Affiliate Network for €26 Million

by July 17, 2017

Online gambling group Gaming Innovation Group (GIG) today announced the acquisition of Stk Marketing Ltd., an affiliate network targeting players from the Nordic Region, for the approximate amount of €26 million.This has been GIG’s fourth affiliate acquisition deal this year ...

James Packer-Backed Investment Manager Increases Stake in Casino Operator The Star

James Packer-Backed Investment Manager Increases Stake in Casino Operator The Star

by July 17, 2017

Sydney-based investment manager Ellerston Capital has bought additional shares in Australian casino operator The Star Entertainment Group, local news outlet The Australian reported earlier today.Ellerston Capital is known to be backed by businessman James Packer, the owner o ...

India Sports Ministry in Early Talks to Legalize Online Sports Betting

India Sports Ministry in Early Talks to Legalize Online Sports Betting

by July 16, 2017

The legalization and regulation of online sports betting has been brought up for discussion by India’s Sports Ministry, The India Express reported citing a ministry official. According to the unnamed source, different government administrations have been approached with the ...

Federal Prosecutors Drop Illegal Online Gambling Charges against Calvin Ayre

Federal Prosecutors Drop Illegal Online Gambling Charges against Calvin Ayre

by July 15, 2017

US federal prosecutors dropped on Friday felony charges against Calvin Ayre, the Bodog online gambling brand, and three other individuals, while the former gambling boss pleaded guilty to misdemeanor charges to conclude a five-year case against him.In 2012, the District of M ...

Cambodian Government Imposes $16.6-Million Additional Non-Gaming Revenue Tax to NagaCorp

Cambodian Government Imposes $16.6-Million Additional Non-Gaming Revenue Tax to NagaCorp

by July 14, 2017

Casino operator NagaCorp Ltd may be forced to pay additional non-gaming taxes estimated to $16.6 million in 2017. The amount corresponds to the added tax obligation the company applied in 2016 after its inaugural Phnom Penh hotel and casino complex’s audit was carried out. ...

Genting Sells Stakes Due to Potential The Star Entertainment – Crown Union

Genting Sells Stakes Due to Potential The Star Entertainment – Crown Union

by July 14, 2017

Genting has decided to sell its 5.62% stake in The Star Entertainment Group. The Malaysian casino operator has made the decision because there is a talk going around that the Australian casino operator The Star has a union in mind with local rival Crown Resorts.According to ...

New York Private Equity Firm Offers $220 Million for Shuttered Revel Casino

by July 13, 2017

A private equity firm has reportedly proposed to buy Atlantic City’s shuttered Revel casino for the amount of $220 million. The Press of Atlantic City reported on Wednesday that Digital Launch has been representing the unnamed firm from New York City.Alex Fredericks, Operati ...

New Jersey Casino Regulator Gives the Nod to Caesars’ Reorganization Plan

by July 12, 2017

The New Jersey Casino Control Commission approved on Tuesday the proposed plan for the reorganization of major casino operator Caesars Entertainment Operating Co (CEOC), The Press of Atlantic City reported. The Las Vegas-headquartered company currently operates the Bally’s, Caesa ...

Ten Crown Resorts Casino Employees Released from Chinese Jail

by July 12, 2017

The first group of Crown Resorts employees, who were arrested last October for the illegal promotion of casino gambling in Mainland China, was released earlier today, Reuters reported.Ten of all 16 detained staff members walked out from two detention facilities in Shanghai, ...