Two days ago New Jersey authorities announced that the remaining casinos based in Atlantic City will get a tax relief and in addition, a special rescue plan will be applied with the aim of compensating the losses and setbacks the venues have been experiencing for a pretty long ti ...
World-famous British bookmaker William Hill announced that it had chosen NMi to test its full selection of online casino games. The testing house will need to check whether the products meet the requirements of the UK Gambling Commission.The bookmaker decided to have its prod ...
Those who are familiar with the situation with the Atlantic City-based casinos are well aware of the fact that four of them have already filed for bankruptcy and a fifth one is supposed to close within less than two weeks.Despite the pessimistic situation, it seems like the B ...
Local authorities have recently proposed the casino revenue to be used for covering various expenses such as the overtime of the policemen and fire fighters. In order to compensate them for the excessive hours they work, authorities need to set aside a sum, equal to more than $1 ...
Maine State Legislature has been looking for years for ways to develop its gaming business, so as for local Indian tribes to be included. On Monday, it was announced that members of a specially appointed legislative committee will prepare a preliminary version of a report that wi ...
According to the information, released by representatives of Trump Entertainment Resorts, the newest hotel tower will be closed as a part of the preparation procedures, concerning the closure of the last remaining casino owned by the company – Taj Mahal. It is supposed to close d ...
Melco International Development Ltd., a Hong Kong-listed company that offers various gaming and accommodation options in the region, was announced to have subscribed to a total of 26,062,294 shares of common stock in gaming distributor Entertainment Gaming Asia Inc. also known as ...
PCG Entertainment Plc has asked the Alternative Investment Market Initial Public Offering for supporting company’s new business venture. Their aim is entering the competitive gambling market of People’s Republic of China.PCG Entertainment Plc is a company, which headqua ...
Campbell Newman, the current Premier of the state of Queensland, stated that his cabinet cannot and will not be forced into carrying out hurried probity checks, concerning Tony Fung’s bid for the ownership of a local casino. Mr. Newman said that they will not grant casino l ...
Last month, Yahoo! carried out a large-scale advertising campaign to promote the launch of its Texas Hold’em online platform. Yet, the company has announced that the poker portal will stop operating on December 31.Although Yahoo! pointed out that there is an opportunity for a ...
It was announced that the request made by Dragonara Gaming Limited was considered to be groundless and the court rejected the appeal. The company required a warrant of prohibitory injunction.What made the company managers take these measures was the fact that the authorities ...
Macau-based entrepreneur Lionel Leong Vai Tac was appointed as the city’s new Secretary for Economy and Finance. One of his main responsibilities will be to supervise the gambling industry there. Mr. Leong is succeeding Francis Tam Pak Yuen, who took the post back in 1999. ...
A few hours ago, it was announced that Kathmandu, the capital of Nepal, will have its new casino. The venue will be operated by Hong Kong-listed gaming provider Silver Heritage Ltd. What is more, it will open its doors for visitors some time in the first quarter of 2015. The Shan ...
Lu Zhong Lou, a 49-year-old Chinese businessman, was reported to owe more than HK$3.5 billion (US$451 million) to Macau casino junket providers. It seems that Mr. Lu was a frequent visitor of famous gambling venues, such as Wynn Macau and Galaxy Macau.The Chinese high roller ...
It is quite clear that the Netherlands will not be done with its online gambling legislation until the first half of 2015. Yet, Kansspelautoriteit, the local betting and gaming regulatory body, has just signed an agreement with Maltese Lotteries and Gaming Authority (hereinafter ...
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