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 ...

The Chair of Senet Group Encourages Online Operators to Join the Independent Body

by February 3, 2015

The new chair of Senet Group – Wanda Goldwag, has recently announced that arranging online operators was essential for the future of the independent body, which is in charge of promoting responsible gaming techniques.Goldwag said that during the next few months she is p ...

Singapore Bans Residents from Accessing Foreign Gambling Websites

by February 3, 2015

From yesterday onwards, Singapore-based players are not allowed to enter any gambling websites since local regulators blocked the access to them with the aim of controlling the remote gambling activities residents take part in.Everyone, affected by the enactment of the new la ...

Silver Heritage to List on the Australian Stock Exchange and Expand Its Business in Nepal

by February 3, 2015

Hong Kong-based gambling operator Silver Heritage Ltd. announced that it will try to raise the amount of US$120 million out of fees by listing on the Australian Stock Exchange sometime in March.The money from the company’s initial public offering (IPO) will be invested ...

Jimei International Entertainment Signs a Deal with Crown Perth

by February 3, 2015

A few days ago, Jimei International Entertainment Group Ltd., a company which is headed by some of the most accomplished junket executives in Macau, announced that it had inked a deal with Crown Perth for its VIP players to be able to opt for the services of the Australian hotel ...

Melco Crown Abandons Its Plans for Entering the South Korean Gambling Market

by February 3, 2015

Mere hours ago, a representative of Melco Crown Entertainment Ltd. announced that for the time being, the company is not going to enter the South Korean gambling market.What made Melco Crown executives settle down around this decision was the fact that the South Korean author ...

Ladbrokes Implements Changes in BETDAQ’s Managing Team

by February 2, 2015

Ladbrokes, England’s most popular online betting and gaming operator, announced that it had overhauled the managing team of its subsidiary BETDAQ.Generally speaking, BETDAQ is known to be the trading name of the so-called Global Betting Exchange Alderney Ltd. and was pu ...

Portugal Unlikely to Change the Sports Betting Taxation Method

by February 2, 2015

Gambling legislation in Portugal has been a widely discussed topic over the last couple of months but it looks like the tax imposed on the turnover generated via sports betting was a subject to a great number of heated debates and disagreements.However, it became clear that d ...