Monica E.

Hong Kong-Based Companies Looking To Invest in Junket Operations

Hong Kong-Based Companies Looking To Invest in Junket Operations

Monica E. January 13, 2014 15:03:39

Junket operations in Macau are becoming increasingly popular. International Entertainment Corp (IEC) is looking to expand in the gambling business. The Hong Kong-based company announced it is willing to pay up to $948 million to buy 70% of SunCity Gaming Promotion, one of the top junket operators in Macau. Chinese gambling laws restrict casinos to […]

Newham Says No to Extend Opening Hours for Betting Shops

Newham Says No to Extend Opening Hours for Betting Shops

Monica E. January 13, 2014 14:32:44

Anti-gambling campaigners claim extending working hours for betting shops would encourage crime. Newham Council refused to extend the licensing hours of Betfred Bookmakers, suspecting the company wanted to benefit more from fixed-odd betting terminals (FOBTs). Under British gambling laws, Betfred’s shop can stay open until 10 pm, which allows players plenty of time to bet […]

Malaysian Police Arrests 38 People for Illegal Gambling

Malaysian Police Arrests 38 People for Illegal Gambling

Monica E. January 13, 2014 14:23:11

The illegal players were so captivated by the game that they didn’t notice the police officers. The Malaysian police caught and arrested 38 people for illegal gambling. The players were each fined with RM 2,000 and sentenced to four months’ jail for breaking Malaysian gambling laws. Charged under Section 6 of the Common Gaming House […]

Indian Politicians Argue over Casino Resorts in Goa

Indian Politicians Argue over Casino Resorts in Goa

Monica E. January 10, 2014 15:44:07

Goa’s government should decide whether casinos are part of Indian culture, AAP members think. Tension is rising in India, as the Aam Aadmi Party (AAP) in Goa confronted their political rivals from the Bharatiya Janata Party (BJP) on several pressing matters, including Indian gambling laws and the development of the state’s casino industry. While BJP […]

Port Authority to Build Hotel near Riverfront Casino and Park

Port Authority to Build Hotel near Riverfront Casino and Park

Monica E. January 10, 2014 13:15:44

It is said that the venue will have between 150 and 175 rooms. The Port Authority of Kansas City is planning to build a new hotel on the riverfront property leased by Isle of Capri Casino. Rumors about the project emerged on Wednesday, at a luncheon sponsored by the Kansas City Downtowners. According to recent […]

New Agreement Will Allow Navajos to Expand in New Mexico

New Agreement Will Allow Navajos to Expand in New Mexico

Monica E. January 10, 2014 12:46:21

If lawmakers approve their proposal, the Navajos will be free to open any number of casinos in New Mexico. The government of New Mexico is ready to cement its amicable relationship with the Navajos through an official agreement that would grant them the right to open as many casinos as they want, over the next […]

Bookmaker Shares Drop after Cameron Calls FOBTs a Problem

Bookmaker Shares Drop after Cameron Calls FOBTs a Problem

Monica E. January 9, 2014 16:06:47

William Hill and Ladbrokes saw their shares go down after the political debate in the House of Commons. Following prime-minister David Cameron’s statement about fixed-odds betting terminals (FOBTs) being a “problem”, Ladbrokes and William Hill saw a drop in company shares. The comment was made during in yesterday’s political debate in the House of Commons. […]

Manitoba Lottery Website Reports Disappointing Results

Manitoba Lottery Website Reports Disappointing Results

Monica E. January 9, 2014 14:03:54

Even though the number of registered users has increased, Manitoba online gambling site profits are low. A year after Manitoba launched its gambling website, financial reports are showing disappointingly low profits. The province is blaming poor results on competition from foreign websites, as Canadian gambling laws don’t ban internationally-licensed operators. While internet betting in Canada […]

UK Government Postpones Action against Betting Machines

UK Government Postpones Action against Betting Machines

Monica E. January 9, 2014 11:57:22

Lawmakers are waiting for the gambling industry-funded report to come out before taking action against FOBTs. Despite recent evidence that fixed-odds betting terminals (FOBTs) are spreading uncontrollably across the UK and causing gamblers to lose a great deal of money, the Government refuses to change British gambling laws for now. In yesterday’s debate held at […]

Casino Opponents Say Tribal Gambling Has Gone Too Far

Casino Opponents Say Tribal Gambling Has Gone Too Far

Monica E. January 9, 2014 11:47:59

Casino opponents fear tribal casinos are expanding beyond Indian properties. While US president Barack Obama wants Congress to change current laws in order to allow tribes to get new trust land, casino opponents believe tribal gambling has become too big and needs to be brought to a halt. Current American gambling laws are very permissive […]