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 ...
Florida may become the eighth state to permit the online purchase of lottery tickets, after state Senator Gwen Margolis submitted a bill on the topic a few days ago. The matter will be considered at the 2015 Florida Legislative Session.At present, Florida-based players can o ...
Foxwoods Resort Casino’s CEO Felix Rappaport expressed his intention to discuss with Connecticut authorities the revision of the current laws that prohibit the consumption of any alcoholic beverages within the premises of gambling venues shortly after midnight. According to ...
Adam Silver, the NBA Commissioner, was among those who dared to tell their opinion about the sports betting legislation. He had no hesitations in confirming that he supports the proposal.The main reason why Silver took the decision to defend the legislation procedure was that ...
English authorities have recently disapproved of the fact that more and more betting shops are located on the high streets. They are said to provide gaming opportunities that have not been approved by UK gaming regulators.Authorities referred to the Sustainable Communities Ac ...
Cyprus media has recently informed the communities about early talks between several prospective investors, including Caesars Entertainment, and Cyprus authorities.A subject of discussion was a casino venue that is about to be built in the southern part of the island.Yest ...
It is a well-known fact that Polish authorities are currently reconsidering the gambling rules and regulations with the aim of making them compatible with the contemporary standards.They have announced recently that every Poland-based player who takes part in gambling activi ...
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