Monica E.

Rumors Say Desmond to Sell Health Lottery for GBP100 million

Rumors Say Desmond to Sell Health Lottery for GBP100 million

Monica E. January 14, 2014 17:44:40

Rumor has it Playtech and Vincent Tan are interested in buying the Health Lottery. Richard Desmond, owner of the Health Lottery, is looking to sell his company for over GBP100 million. According to the latest gambling news, the English businessman has already been approached by a number of potential customers. Vincent Tan, who owns Premier […]

Holyoke to Benefit from MGM Springfield Casino Project

Holyoke to Benefit from MGM Springfield Casino Project

Monica E. January 14, 2014 15:44:27

MGM Resorts hoping to get Massachusetts license after voters rejected two other companies. The city of Holyoke signed a “surrounding community” agreement with MGM Resorts International, calling for a $50,000 upfront payment, a $1.28 million investment over the next 15 years and jobs opportunities for local residents. The company agreed to honor these promises if […]

Cantor Pays Largest Fine in Nevada in Illegal Betting Lawsuit

Cantor Pays Largest Fine in Nevada in Illegal Betting Lawsuit

Monica E. January 14, 2014 15:36:24

Cantor Gaming agrees to pay $5.5 million fine, marking Nevada’s largest settlement. CG Technology, formerly called Cantor Gaming, has agreed to pay a $5.5 million fine to the Nevada Gaming Control Board, after the gambling authority discovered a former company director was involved in illegal sports betting. Nevada was the first American state to legalize […]

Leicester Casino Undergoes GBP1 Million Refurbishment

Leicester Casino Undergoes GBP1 Million Refurbishment

Monica E. January 14, 2014 15:09:00

A casino bought by Rank Group last May gets a GBP 1 million revamp. Rank Group has recently made a GBP 1 million investment in its Grosvenor Casino. British players who visit the new casino are offered the chance to gamble around the clock. In addition, the gambling venue located on Highcross Street, Leicester, now […]

Albanian Government Expects a Year of Economic Growth

Albanian Government Expects a Year of Economic Growth

Monica E. January 14, 2014 14:55:36

The country’s plans for “economy revival” include increased taxes. The Albanian parliament adopted its yearly budget at the end of last week. The country’s lawmakers estimate a public deficit of 6.6% and expect a 2% economic growth for this year. Albania’s total budget adds up to EUR 3.25 billion. With local gamblers spending EUR 700 […]

Thousands Demanding Pro-EU Regulations in Ukraine

Thousands Demanding Pro-EU Regulations in Ukraine

Monica E. January 13, 2014 18:40:37

After eight weeks of peaceful protests, violence broke out in Kiev’s main square. Fed up with their current political system, which seems to be in favor of a pact with Russia, thousands of Ukrainians have gathered in Kiev’s main square to stage a pro-EU rally and protest against the beating of Yuriy Lutsenko, former minister […]

Employees Comment on the Closing of Atlantic Casino

Employees Comment on the Closing of Atlantic Casino

Monica E. January 13, 2014 17:30:53

It was a sad day at the Atlantic Club Casino Hotel, as the legendary establishment closed its doors. New Jersey reporters paint a desolate picture of the last working day in the state’s most famous casino. Recent gambling news report it was an emotional day for the employees of the legendary establishment, as the casino […]

Luxurious Yacht Mimicking the Streets of Monaco

Luxurious Yacht Mimicking the Streets of Monaco

Monica E. January 13, 2014 16:23:44

500 feet-long yacht inspired by the principality of Monaco costs $401 million to build. For several years now, Monaco has been one of the top gambling destinations of the rich and famous. With that in mind, Yacht Island Design has recently created a project called “The Streets of Monaco”: a super-yacht reflecting the opulence of […]

Man Suspected of Feeding Information to Betting Syndicate

Man Suspected of Feeding Information to Betting Syndicate

Monica E. January 13, 2014 16:06:13

Crawley police tweets: a football fan was detained, after being suspected of betting fraud. The Football Association has launched an investigation into a possible betting syndicate fraud, after the Crawley Town police suspected a spectator present at the game between Coventry City and Crawley Town broke British gambling laws by feeding information to an overseas […]

British Chancellor Takes Betting Machine Maker on Trade Mission

British Chancellor Takes Betting Machine Maker on Trade Mission

Monica E. January 13, 2014 15:20:46

While Government claims FOBTs are “a problem”, chancellor Osborne takes betting tycoon on trade mission. While Britain’s struggling to put an end to the social problems caused by fixed odds betting terminals (FOBTs), chancellor George Osborne adds fuel to the fire by inviting betting tycoon Luke Alvarez on a trade mission. Along with 19 other […]