Uncertainty about the Approaching Lottery Privatization in Cyprus

by January 13, 2015

Rumor has it that the state lottery is about to be privatized but according to a reliable source, familiar with the state lottery affairs, no official statement, concerning its privatization matters has been issued so far.The news about the lack of stance on the privatization ...

European Countries on the Verge of Gambling Reforms

by January 12, 2015

Last year was full of events for a bunch of European countries that made attempts to have their gambling sectors expanded. Apparently, the gambling bills proposed were subject to heated debates and met the resentment of both – gaming operators and players.Overall, countries t ...

Lawrence Ho Reveals More Details about Studio City

by January 12, 2015

Earlier today, popular casino magnate Lawrence Ho Yau Lung shared with local media that he was still not aware how many gaming tables his integrated resort Studio City will offer to its visitors once it opens doors. Yet, he stated with a degree of certainty that the US$3.2-billio ...

Louis XIII Holdings Announces the Completion of an Upsize Exercise

by January 12, 2015

Louis XIII Holdings Ltd., a real estate developer that is currently in charge of the construction of a luxurious hotel and casino venue on the Cotai Strip, shared with local media that its placing agent has managed to complete an upsize option on the shares it issued back in Dece ...

The Philippines Not as Affected by the Revenue Crisis as Macau

by January 12, 2015

The year 2014 was marked by a drastic decrease in the gambling revenues in the biggest Asian gambling hub – Macau, and while market analysts kept announcing that the situation is getting worse and all Asian countries that rely, to a certain extent, on the gambling sector in order ...

Alberta Discusses the Launch of Its Own Gambling Site

by January 11, 2015

A few days ago, the Ontario Lottery and Gaming Corp. launched its PlayOLG.ca gambling site. It seems that the introduction of the online platform had Alberta officials consider the future of online gambling in the province.Jody Korchinski, a spokeswoman for the Alberta Gaming ...

Information Is Revealed about the Four Applicants for a Casino License in Southeastern Massachusetts

by January 11, 2015

Competition between the four potential applicants for a casino license in the southeastern part of Massachusetts has become more intense mere weeks before the expiration of the deadline, set by the local Legislature.The three companies that informed the Massachusetts Gaming C ...

LaPorte County to Fight Revenue Sharing Reductions

by January 10, 2015

It was announced that the decrease in revenue sharing has already affected LaPorte County in quite a negative manner. Due to this, Commissioners Vidya Kora and Mike Bohacek were given the important task to discuss the matter with legislators from both Washington D.C. and Indianap ...

First Comments after the Launch of PlayOLG.ca

by January 9, 2015

Yesterday, Ontario Lottery and Gaming Corporation launched a new online gaming site. PlayOLG made its debut after careful consideration of all benefits and setbacks it could potentially lead to.Mere hours after its launch, the first analysis and predictions were released. Ana ...

The New President of Sri Lanka Disapproves of Crown’s Casino Project

by January 9, 2015

Sri Lankan residents have elected their new president. His name is Maithripala Sirisena and people familiar with the matter hurried up to announce that the newly elected President is the person expected to halt the procedures concerning the establishment of a new casino on the te ...

Tribes Negotiate Gambling Compacts with the State of New Mexico

by January 8, 2015

Acoma Pueblo, a Native American community based in New Mexico, has announced that an agreement was reached with Gov. Susana Martinez on an increase in the percentage of revenue from the so-called Sky City Casino that will be contributed to the state’s coffers.Last week, ...

Oregon State Lottery Accused of Fraud and Misrepresentation

by January 8, 2015

Justin Curzi, a resident of Oregon and participant in various gaming activities, announced that he is currently suing the Oregon State Lottery.Curzi accused the Lottery as well as a number of manufacturers of slot machines in having deceived the communities about the “auto-ho ...

Andorra to Legalize Gambling Activities in 2015

by January 7, 2015

When it comes to gambling legislation in Andorra, the country has been making the headlines recently. Despite being defined as a microstate, Andorra is believed to have all chances for developing its gambling sector and establishing a casino venue for its 85,000 residents.Wha ...

PokerStars Scraps Rake Changes

by January 7, 2015

A few months ago, PokerStars announced that it would increase the rakes on all the games and tournaments it offers to its players. It seems, however, that the world’s biggest online poker cardroom has decided otherwise. In other words, no rake increases will be implemented ...

Atlantic Club to Be Acquired by a Real Estate Company

by January 7, 2015

Although the previous year was not the most successful one for the New Jersey gambling industry, state authorities succeeded in dealing with the situation somehow and market analysts are hopeful that 2015 will be a better one.As far as the matters with the shuttered Atlantic ...