MGM Resorts International to Sell Gold Strike Casino to JETT Gaming

by October 21, 2014

MGM Resorts International announced that it had reached an agreement to sell its Gold Strike Casino located in Nevada’s city of Jean. The property will be acquired by the casino and slots operator JETT Gaming. The latter is currently owned by members of the Herbst family.The ...

South Korea’s Jeju Island Looking to Implement Gambling Regulations Similar to the Singaporean

by October 21, 2014

Jeju Island’s authorities have long been working on making the island a world-class tourist and entertainment destination. It is part of South Korea, takes more than 1,800 square kilometers of land and has over 600,000 citizens.The island’s Governor, Mr. Won Hee-ryong, showed ...

Five Suspects Arrested for Accepting Illegal Bets In Paterson City Locations

by October 21, 2014

A Passaic County sheriff has recently announced that five people were arrested in the city of Paterson, New Jersey. The accusation was for illegal gambling in three locations in the city. After the police raid, over $5,000 were confiscated from the premises.Paterson is the th ...

Trump Entertainment Resorts Refuses Removing Trump’s Name from the Exterior of Taj Mahal

by October 21, 2014

A few weeks ago, Donald Trump and his daughter, Ivanka Trump, officially announced that the name of Trump will be permanently removed from the exterior of Trump Plaza and the last remaining casino, owned by the company, Taj Mahal.However, the authorities agreed to remove the ...

United States Authorities Still Pursue Calvin Ayre for Illegal Online Gambling Payments

by October 20, 2014

Federal Prosecutors from Maryland have announced that they are still working on the deportation of the online gambling magnate – Calvin Ayre. Calvin Ayre is accused of operating an illegal gambling business as well as participating in money laundering activities. He is said ...

Game Show Network Looking to Invigorate Its “High Stakes Poker” Show

by October 20, 2014

For the past few years, there has been a major decline in TV poker programs. Ever since “Black Friday” took place, the only successful broadcast tournaments were the World Series of Poker (WSOP) and the World Poker Tour (WPT).This trend, however, may be over, as the Youtube c ...

Japanese Gambling Legislation Procedure Postponed for 2015

by October 20, 2014

According to the proposal of the Japanese authorities, the gambling legalization in the country was supposed to take effect really soon. However, the latest information released, disapproves of that statement. The legalization process, will, by all means, we delayed again for an ...

Victorian Councils Launch a Campaign against the Careless Approval of Poker Machine Installations

by October 20, 2014

A great number of Victorian councils have raised the question about the poker machines and the procedures, concerning their acceptance. According to them, the regulators are likely to accept the arguments of the gambling providers without requesting solid evidence. The councils t ...

Caesars Makes Attempts to Avoid Bankruptcy

by October 20, 2014

It seems like the gambling industry in New Jersey remains unstable and the latest news, concerning Caesars Entertainment just come as a solid argument that approves of the seriousness of the current situation.Apart from the closed casinos and the authorities’ attempts to save ...

James Packer of Crown Resorts Says States’ Regulations and High-Rollers Harm the Company

by October 18, 2014

During the Annual General Meeting last Thursday, Crown Resorts chairman James Packer stated that high rolling punters are “killing” the profits of his gambling facilities in Melbourne and Perth. He reported a low increase in revenue for the first 15 weeks of this year’s second qu ...

MGM Resorts International Stands Behind Let NY Play Campaign for Legalizing Online Poker in NY

by October 18, 2014

Even though MGM Resorts International does not have a gambling facility in New York, when it comes to online poker services, it has shown great interest in promoting a legal poker scheme for online platforms. The company has not even bought or shown interest in buying one of the ...

International Gambling Operators Start to Withdraw from Singapore As New Gambling Bill Nears

by October 17, 2014

As the Remote Gambling Bill in Singapore passed its second reading earlier this month, a number of online gambling businesses have withdrawn their operations from the country. The bill is going to limit the Singapore gambling market to only non-profit operators owned locally. The ...

GiGse Advisory Board Introduces Open Space Technology for the 2015 Expo

by October 17, 2014

The event organizers of the GiGse 2015 have gathered together in Las Vegas on the 28th and 29th of September to talk about what topics, issues and themes the industry is interested in.The Advisory Board is considering to let those who will participate in the event to decide a ...

Sports Betting to Become Legal in New Jersey after Christie’s Approval

by October 17, 2014

The approval of the proposal, aimed at making the sports betting activities in New Jersey legal, was not too surprising to those who keep a close eye on the turn of events.Yesterday, 73 members of the state authorities gave their positive vote to the legislation bill. There w ...

Members of the European Commission Decide the Fate of Svenska Spel Monopoly

by October 17, 2014

The gambling rules and regulations in Sweden may change pretty soon. The Court of the European Union will discuss the amenities that need to be imposed. The reason for that was the standpoint of the European Commission.According to the authorities, the Swedish laws are intend ...