Monica E.

Fate of Massachusetts’ Gambling Industry to Be Decided Soon

Fate of Massachusetts’ Gambling Industry to Be Decided Soon

Monica E. October 20, 2014 18:45:47

The first slot parlor in Massachusetts is almost finished, but locals may soon vote to repeal gambling in the state. A few miles from the Rhode Island state line, construction workers are putting together the pieces of what will become the first gambling venue to offer slots machines in the state of Massachusetts. Owners of […]

Las Vegas, Not Just for Gamblers Anymore

Las Vegas, Not Just for Gamblers Anymore

Monica E. October 20, 2014 12:54:45

Las Vegas was once the world’s most popular gambling destination, but now every penny is vital to keeping the resort profitable. There was a time when mentioning the name “Las Vegas” made you think of glitz, glamour, casinos games, free drinks and 5-dollar buffets. But things have changed, and growing competition from new American poker […]

Unemployed Casino Workers Get Help from AtlantiCare

Unemployed Casino Workers Get Help from AtlantiCare

Monica E. October 18, 2014 17:16:00

Former casino employees who lost their jobs after four Atlantic City gambling venues closed will get help with health care and insurance. This week, AtlantiCare unveiled a program to help former employees of the Atlantic Club, Showboat, Revel and Trump Plaza. All four casinos have closed this year, and the Trump Taj Mahal might follow […]

South Korean Island Pushes for Strict Gambling Regulations

South Korean Island Pushes for Strict Gambling Regulations

Monica E. October 18, 2014 16:57:03

Jeju Island is looking to establish a strict watchdog to supervise the gambling industry, following the example of Singapore. The southern resort island has developed over the past few years, seeing a rapid surge in real estate investments. The tourism industry has also grown, as thousands of visitors from China come here every year to […]

Internet Betting in New Zealand on the Rise

Internet Betting in New Zealand on the Rise

Monica E. October 18, 2014 15:25:38

The New Zealand Racing Board announced record revenue on the 2014 FIFA World Cup. Annual profit rose 0.2% at the New Zealand Racing Board (NZRB), the authority overseeing all racing and sports wagering in the country. The board posted record turnover on the Football World Cup, which trumped the previous record set in 2011 during […]

Debate over Internet Gambling in the US Continues

Debate over Internet Gambling in the US Continues

Monica E. October 18, 2014 14:58:05

While New Jersey is moving forward with sports betting, the rest of America wants to go back to a time when internet gambling was banned. The 2014 Global Gaming Expo has revived the debate on legalizing online gambling sites in the US. The event was hosted at the Sands Expo and Convention Center in Las […]

Bet365 Says Operations in China Are Not Illegal

Bet365 Says Operations in China Are Not Illegal

Monica E. October 16, 2014 08:31:13

The Guardian said online bookmakers use tricks to elude Chinese gambling laws, but betting operators claim they’re not doing anything illegal. An article published in the Guardian has caused quite a stir, after the newspaper described how online and mobile betting giant Bet365 finds ways to get around Chinese laws, which prohibit locals from gambling. […]

New Jersey Moving Ahead With Plans to Allow Sports Betting

New Jersey Moving Ahead With Plans to Allow Sports Betting

Monica E. October 16, 2014 03:28:27

Lawmakers are expected to present Governor Chris Christie with a proposal to allow sports betting in the state of New Jersey. The New Jersey Senate recently passed a bill to allow casinos and racetracks to accept sports wagers, and the proposal should be on the Governor’s desk by Thursday this week. While sports wagering is […]

Playtech Founder Adds Camden Lock Market to His Properties

Playtech Founder Adds Camden Lock Market to His Properties

Monica E. October 15, 2014 14:43:22

An Israeli billionaire bought the Camden Lock Market in a deal estimated to be worth between 70 and GBP90 million. Property and technology tycoon Teddy Sagi is slowly taking over Camden’s main market places. Working with the casino industry has helped him make hundreds of millions and now gambling news have introduced him as the […]