Casino
September 22, 2019
UKGC: The UK Spent £14.5bn on Gambling in 12 Months
The UK Spends ca £14.5bn on gambling yearly More spending is registered across all digital channels There are up to 650 gambling-related suicides a year Based on UK Gambling Commission data, gamblers in the United Kingdom spend around £14.5bn on various gambling segments each year. Estimated 250-650 suicides occur yearly because of gambling. UK Gamblers […]
Casino
September 19, 2019
Schleswig-Holstein Calls for Better Gambling Regulation
Lawmakers from Schleswig-Holsten raise regulatory gambling points New rules on gambling to be adopted in June 2021 European Commission unsatisfied with the proposed Treaty The state of Schleswig-Holstein is planning on raising several issues about the more liberal regulation of the online casino industry. Schleswig-Holstein Gambling Framework Addresses Restrictive Statutes Lawmakers form Schleswig-Holstein continue to […]
Casino
September 15, 2019
GentingBet Boosts Casino Games Offering with NetEnt Games
Renowned online casino and sports betting operator Gentingbet has recently announced the expansion of its library of online casino products, a development that was made possible by its recent partnership with the Swedish-based NetEnt. As such, for the very first time, online gamblers who play on GentingBet’s online platform will be able to enjoy the […]
Casino
August 21, 2019
Apple to Change Social Gambling Apps Rating to 17+
Apple to rate all social gambling apps 17+ The move follows other similar measures to restrict underage gambling Apple prepares to enter a number of Asian markets with this move Apple intends to restrict the access to social gambling apps by underage individuals. This is part of the company’s expansion strategy. More Anti-gambling Measures by […]
Casino
August 19, 2019
Cambodia Stops Issuing Gaming Licenses and Renewals
Cambodia to suspend issuing new licenses Existing licenses won’t be renewed Police begins to enforce the new directive immediately Cambodia will stop issuing gaming licenses effective immediately. Existing licenses will be allowed to expire, but won’t be renewed in what is the country’s largest clamp down on gambling. Cambodia to Completely Phase Out Gambling Cambodia […]
Casino
August 14, 2019
Chicago’s Casinos Profitable, But Different Tax Needed
Tax rate weighs down a potential Chicago casino project Profit margins for prospective casinos remain sub-3% over a 5-year period Senator Link believes analysts’ assessment method is wrong A Chicago casino could potentially be one of the wealthiest properties nationwide, but it is weighed down by onerous taxation. Illinois Studies Feasibility of Casinos in Chicago […]
Casino
August 12, 2019
Australia’s Crown Will Lose Victorian License, Investigation Continues
Crown’s Victorian license won’t be allocated next year The operator is under scrutiny by multiple Australian gaming watchdogs Well-connected gamblers from China continue to pervade Australian politics Crown’s ongoing investigation into alleged connections with Asian crime syndicates could be a symptomp of a culture where well-connected Chinese members of the Communist Party keep invading Australian […]
Casino
August 11, 2019
China Targets Philippines POGOs over Illegal Hiring of Workers
China targets the Philippines in a gambling clamp down Offshore gambling operators will come under more scrutiny Underground financial networks at home are also part of the sweeping changes China warns overseas operators to refrain from hiring Chinese citizens to work in the offshore gaming industry. The Philippines’ offshore gaming companies have been targeted by […]
Casino
August 9, 2019
MGM Resorts Files Lawsuit Against Connecticut Tribes
MGM Resorts challenges MMCT claim in Bridgeport The Las Vegas companies will seek to discontinue the tribal casino project Tribes prepared to go to court, cautioning about MGM being an out-of-state company MGM Resorts files lawsuit to challenge tribal claim in Bridgeport, Connecticut. The casino industry and job opportunities in the state may suffer as […]
Casino
August 4, 2019
Crown Australia May Still Be Skirting Regulations
Crown Australia continues to enjoy political favoritism The property has been accused of flaunting gambling regulation Crown has been reportedly participating in organized crime Crown Australia has been enjoying governmental favoritism and skirting pass hefty fines over compliance slippages for years now. Lax Regulation and Crown’s Murky Reputation Regulating the iGaming and casino sectors in […]