Mr Green’s Dispute with the Austrian Tax Authorities Continues

by February 6, 2015

It has just been announced that popular Swedish online gambling operator Mr Green had decided to set aside the amount of SEK108 million or approximately US$13 million out of its 2014 profits, in order to prepare itself for its current dispute with the government of Austria, conce ...

The Launch of City of Dreams Manila to Have a Long-Lasting Effect on the Asian Gambling Sector

by February 6, 2015

Mere days ago, City of Dreams Manila had its grand opening and market analysts kept announcing that the mega resort, which cost $1 billion, has all chances of becoming more attractive to players than Macau and Singapore, known to be the most popular gambling hubs in Asia and even ...

Chinese Strategic Holdings to Manage Tinian Dynasty Hotel and Casino

by February 6, 2015

Chinese Strategic Holdings Ltd., the company, which was commonly associated with its attempts to enter the Macau gambling market, has announced that its executives are working towards taking over the reins of Tinian Dynasty Hotel and Casino, located on Northern Mariana Islands. ...

China to Keep Foreign Gambling Operators Away from the Local Market

by February 6, 2015

Mere hours ago, Chinese authorities announced that they do realize what a devastating effect foreign gambling operators could have on the local economy so they would do their best to prevent them from entering the Chinese gambling sector.The more foreign operators are enable ...

Polish Gambling CEO Urges Government for Changes in Local Gambling Act

by February 5, 2015

It was announced that the managing director of one of Poland’s licensed gaming operators has asked the local regulator to reduce the current tax rate and to take due measures after the publication of a report, according to which unlicensed operators hold a 90% share in the ...

Opponents of Mohegan and Cowlitz Tribes Attempt to Prevent Them from Building a Casino

by February 5, 2015

The casino project started by Mohegan and Cowlitz Tribes is about to face new setbacks as its opponents announced that they would do whatever it takes to prevent the casino from opening doors in La Center, Clark County, Washington.On Tuesday, opponents of the casino establish ...

Summit Ascent to Launch Its Vladivostok Casino before July 2015

by February 5, 2015

Earlier today, Daiwa Securities Group Inc. announced in a special note that Summit Ascent Holdings Ltd., a gambling operator owned by Hong Kong businessman Lawrence Ho, is planning to complete its hotel and casino venue near Vladivostok, Russia by the end of the second quarter of ...

Gary Loveman Resigns as Caesars’ CEO

by February 5, 2015

Gary Loveman, the chief executive of Caesars Entertainment Corp. who has been in charge of the company during its ups and downs over the last 17 years, announced that he was going to step down from his post.This will happen on July 1st and Mark Frissora will be appointed as ...

INTRALOT Acquires a 25% Stake in Bit8

by February 4, 2015

Mere hours ago, INTRALOT announced that it will purchase a minority stake in Bit8, a Malta-based gaming platform developer. Thus, the popular Greek gaming provider will be able to integrate the latter company’s software solutions in its international product offering.Th ...

Wynn Macau Parts Ways with Unreliable Partners

by February 4, 2015

Although Wynn Macau is among the venues that have been severely affected by the revenue crisis in Macau, the company is striving to become as profitable as it used to be.Its representatives announced that the refurbished area available for VIP players will be opened in a few ...

Connecticut Authorities Consider the Placement of Video Slots in Local OTB Facilities

by February 4, 2015

It was announced that a bill that would legalize the installation of video slots at some of Connecticut’s off-track betting venues will be discussed by the Public Safety and Security Committee in the Legislative Office Building in Hartford tomorrow, February 5.The bill ...

Peter Phillips Recommends Jamaica to Trust the Casino Gaming Commission

by February 4, 2015

Dr. Peter Phillips, the Minister of Finance and Planning of Jamaica, announced that communities have to trust the members of the Casino Gaming Commission when it comes to securing all investigative resources related to the Casino Gaming Act.Mere hours ago, Phillips ended the ...

Echo’s Star to Be Further Refurbished

by February 4, 2015

Earlier today, Echo Entertainment Group posted its financial results for the six-month period ended December 31, 2014. Matt Bekier, CEO of the gambling operator, pointed out that its flagship venue The Star helped the company double its profit during the above-mentioned period. H ...

The Construction of Cairns Casino to Be Delayed Due to Change of Government

by February 4, 2015

The construction of the luxurious casino resort that is to be established in Cairns might be delayed for an indefinite period of time. The reason for the delay is the change of Queensland’s government.Aquis, the company which started the project, is about to invest $8 ...

Playtech’s CEO Shares Acquisition Plans

by February 3, 2015

Mor Weizer, chief executive officer of gaming developer and provider Playtech, shared that he is planning to make progress in talks for a major purchase during the ICE Totally Gaming conference, which started earlier today. The important deal is expected to be finalized by the en ...