Monica E.

Gamblers Suspected of Stealing Millions from Albanian Central Bank

Gamblers Suspected of Stealing Millions from Albanian Central Bank

Monica E. August 7, 2014 17:12:05

Around EUR 5 million have disappeared from the Albanian Central Bank’s reserves over the past four years. The police arrested seven employees on suspicion of stealing the money from the Central Bank’s reserves. According to local gambling news, one of them admitted to blowing most of it on casino games. The theft was discovered during […]

EC Sets New Guidelines for Regulating Online Gambling

EC Sets New Guidelines for Regulating Online Gambling

Monica E. August 7, 2014 12:12:55

The European Commission says protecting minors and restricting advertising are the most important factors to consider when regulating online gambling. Three main points are included in the European Commission’s (EC) non-binding recommendation: the importance of protecting minors, some restrictions on advertising, and ensuring the provision of basic information on gambling websites. These are the main […]

South Korea Looking to Build New Casinos and Resorts

South Korea Looking to Build New Casinos and Resorts

Monica E. August 6, 2014 19:55:28

Korea’s free economic zones announce new plans to build casinos, integrated resorts, and hospitals. Authorities are trying hard to boost the economy in Korea and they’ve decided to place all their bets on tourism. Officials have announced that the country’s Free Economic Zones (FEZ) have plans to build more entertainment facilities in order to attract […]

New Gambling Advertisement Policies: Companies Should Adopt a Constructive Attitude

New Gambling Advertisement Policies: Companies Should Adopt a Constructive Attitude

Monica E. August 6, 2014 14:40:40

Better gambling advertising solutions can be reached if companies keep an open mind and a constructive attitude, experts say. People living in the UK are seeing more and more adverts promoting online and mobile casinos or gambling services pop up all over the place. Whether we’re talking about individual ads or campaigns that last for […]

Profits in a Slowdown as Macau Comes under Increased Scrutiny

Profits in a Slowdown as Macau Comes under Increased Scrutiny

Monica E. August 6, 2014 09:05:55

Recent measures to combat corruption backfire, as Macau revenues drop without mainland gamblers. It’s been a month since the new restrictions on UnionPay machines in jewelry shops came into effect in Macau. Authorities are keeping their eyes out for signs money laundering in casinos. The world’s largest gambling hub is under tight scrutiny. Macau officials […]

Messi Charged with Tax Evasion through Ghost Companies

Messi Charged with Tax Evasion through Ghost Companies

Monica E. August 5, 2014 13:16:29

Lionel Messi, the man who is considered to be the world’s best football player, will be facing tax fraud allegations in Spain. After his team disappointed millions of supporters – not to mention gamblers who bet on sports in Spain and put their money on the FC Barcelona icon – by losing the World Cup […]

Australian Magnate James Packer Takes Another Shot at Vegas

Australian Magnate James Packer Takes Another Shot at Vegas

Monica E. August 5, 2014 13:09:27

After blowing $250 million on a failed investment in Las Vegas, Crown Resorts boss James Packer wants a redo. Despite the spectacular failure five years ago, when his entire US casino development company filed for bankruptcy, Crown Resorts Limited chairman James Packer just won’t quit. Bloomberg has reported that the Australian businessman is in the […]

Boyd Casino Revenues Declines but Internet Gambling Saves the Day

Boyd Casino Revenues Declines but Internet Gambling Saves the Day

Monica E. August 5, 2014 12:50:44

Boyd is counting on its online casino operations in New Jersey to make up for the profit drops reported in other departments. Investing in internet gambling in the US has proved to be a great business decision for Boyd Gaming. The casino operator is a top player on New Jersey’s online casino market, despite the […]

Thomas Vanek Serves as Witness in Illegal Betting Case

Thomas Vanek Serves as Witness in Illegal Betting Case

Monica E. August 5, 2014 08:30:03

Hockey winger Thomas Vanek was in New York federal court as part of an ongoing gambling investigation. A few media publications said Vanek was not actually charged with any crime. Reporters say he appeared in front of the court voluntarily. But the news has spurred controversy, as fans are disappointed to hear about yet another […]