New Jersey Authorities Help Unemployed Casino Workers Find a New Job

by December 11, 2014

A State Senator of New Jersey has just proposed a new bill with the aim of ensuring that all employees who used to work for casino venues that are no longer on the local gambling market, have additional qualifications that would be helpful when it comes to finding a new job.Y ...

Global Gaming Asset Management Allowed to Sell Bloomberry Shares

by December 11, 2014

World-famous operator of integrated resorts Global Gaming Asset Management (GGAM) announced that it was allowed to sell its shares in the Philippine-listed Bloomberry Resorts Corp.Earlier today, Bloomberry stated in a special filing to the Philippine Stock Exchange that the r ...

MGC Approves of the Play Management System Launch

by December 11, 2014

It is a well known fact that Massachusetts gaming regulators have put forward the idea of setting a “spending limit” when it became clear that soon the state will have its casinos established.The proposal was subject to heated debates and the casino investors disagreed with i ...

Casino Legalization Referendum to Be Held in Japan

by December 11, 2014

A snap election will be held in Japan on Sunday. Apart from the fact that Japanese people will cast their votes for the economic reforms that Prime Minister Shinzo Abe proposed, they will also be asked to state their opinion on legalization of casinos in the country. It turns out ...

Peter Howitt Comments on the Newly Implemented Point of Consumption Tax

by December 11, 2014

Over the last couple of weeks, Peter Howitt, the CEO of Gibraltar Betting and Gaming Association, played a key role in the online gambling affairs in the United Kingdom.The so called Point of Consumption tax has largely affected the gambling operators, available at the local ...

No Gaming Licenses Will Be Issued in the Philippines Before Mid-2016

by December 10, 2014

Cristino Naguiat, CEO of the Philippine Amusement and Gaming Corporation, stated that the local gaming regulator will not issue any casino licenses over the following eighteen months.In other words, no gaming operator will be allowed to commence the construction of a gambling ...

Lakes Entertainment Disappointed with Rock Ohio Ventures’ Financial Performance

by December 10, 2014

Lakes Entertainment Inc., a major investor in Rock Ohio Ventures, stated that its $21-million investment proved to be of little worth. The company, headquartered in Minnesota, based its argument on the relatively poor financial performance of Horseshoe Casino Cleveland and the re ...

Against All Odds, Glenn Straub Acquires Revel

by December 10, 2014

Last Tuesday, officials of Revel Casino Hotel filed a motion with the aim of receiving approval for terminating the deal with the Toronto-based company Brookfield Property Partners.In addition, managers of the closed casino requested a hearing to be scheduled so the property ...

Sweden Suspends the Implementation of Changes in the Gambling Laws Due to Political Crisis

by December 10, 2014

Two months ago, Swedish government authorities announced that they were going to accelerate the procedure, concerning the new gambling rules and regulations and put them into force as soon as possible.Meanwhile, they had to deal with several setbacks. Gambling matters were ta ...

New Jersey Authorities Relax Requirements for “Boutique” Casinos Establishment

by December 10, 2014

Despite the crisis on the New Jersey gambling market, it seems like state authorities are not going to stop making attempts for attracting investors, willing to build small casino venues on the territory of the state and in Atlantic City in particular.Three years ago, a law, ...

The Massachusetts Gaming Commission Sued by Somerville Over Wynn Resorts License

by December 9, 2014

The city of Somerville took the Massachusetts Gaming Commission to court, in order for the construction of a casino venue near its border to be blocked. The local regulatory body was accused of failing to observe the law by giving Wynn Resorts permission to proceed with an Everet ...

Mexico Takes Actions Towards Online Gambling Legislation

by December 9, 2014

It seems like the online gambling legislation in Mexico has reached a new stage. The gambling regulators are about to introduce a well-though-out gambling bill. That became clear when the legislature gave its positive vote.The online gambling legislation has been among the to ...

Genting’s New York Casino Project Faces Strong Local Opposition

by December 9, 2014

Only a week before the New York casino selection panel’s announcement about which four of all sixteen bidders will be awarded licenses, it seems that Genting’s project is meeting the greatest opposition. It was reported that activists and environmental groups had sent ...

Malaysian Authorities to Prosecute Major Figures on the Illegal Gambling Market

by December 9, 2014

The tough restrictions Malaysian authorities imposed on online gambling activities resulted in more than 20,000 arrests in the period January-November 2014.Datuk Dr. Wan Junaidi Tuanku Jaafar, the Deputy Minister of Home Affairs, released information, concerning the so called ...

Ralph Caputo Proposes Online Gambling Providers to Apply for a Full Casino License

by December 9, 2014

Ralph Caputo – the State Assemblyman of New Jersey, has introduced a bill that intends to put some restrictions on state’s online gambling affairs. The top priority of Caputo’s draft is to restrict and monitor the procedure via which gaming operators that would ...