Tom S. May 14, 2014 04:34:56
iGaming software and services provider GTECH has announced what it sees as a “very good” first quarter, despite revenue for the first 3 months of 2014 dropping year on year. While reported revenue of EUR 781.3 million – down from EUR 797.5 million in 2013 – the operator of lottery and online gambling sites in […]
Tom S. May 13, 2014 19:47:48
Activist investors SpringOwl are looking likely to gain additional representation on the bwin board, after winning support from independent advisors. The firm is following up on their gradual revolution of the structure at the Austrian American company after their purchase of 6.1% of the shares in February. Since then, they have added one member to […]
Tom S. May 12, 2014 16:21:23
Sun, Samba and silky skills. Those are the images conjured up when thinking of the rich tradition of Brazilian football. So with the country hosting the World Cup for the second time this year, you’d expect there to be a state of delirium throughout the country’s cities. Unfortunately, there has been another side to the […]
Tom S. May 12, 2014 15:33:05
James Packer could get his Sri Lankan casino after all, as the government has announced there is no reason why existing licenses cannot be transferred to new operators. Previously, the government had commented on conflicting Sri Lankan gambling laws by saying there would be no new casino licenses handed out. That wasn’t enough for anti-casino […]
Tom S. May 12, 2014 15:20:02
2014 may not turn out to be the best year for Macau’s casino operators as they look to capitalise on a strong 2013. While growth in the industry itself remains strong, the share prices of a Macau’s major players all took a nosedive as the Chinese and Macanese authorities clamped down on potential money laundering. […]
Tom S. April 27, 2014 17:16:24
The Church of Scotland has joined the discussions around gambling advertising in the UK, calling for their banning after a series of high profile problem gambling cases in the country. Scotland has been at the forefront of the debate on Fixed Odds Betting Terminals (FOBTs) in the UK, with thousands of pounds said to have […]
Tom S. April 24, 2014 17:24:56
The shopping giant, Amazon, has been busy building its business in recent years. From a humble bookseller to the world’s biggest digital marketplace, it seems the only sector Amazon isn’t involved in is online gaming. What if it was, though… Promotions and Offers Abound Jeff Bezos said the most important thing about starting out with […]
Tom S. April 22, 2014 18:27:46
The government of the Czech Republic has finally got around to drafting a new gambling bill for the countries huge number of gambling halls, casinos and online operators. There is a slight snag, however, with an increase in gambling taxes in the pipeline. Of course, these changes are still in the proposal stage, so any […]
Tom S. April 22, 2014 16:46:56
Crown Resorts are all set to expand into the Las Vegas casino market as investors predict they will soon invest in the three year old casino and hotel complex The Cosmopolitan of Las Vegas, currently owned by Deutsche Bank. This latest investment comes on the back of a worldwide expansion plan from the Australian company, […]
Tom S. April 22, 2014 15:28:19
With the Russian government recognizing the Crimean peninsula as Russian territory, President Vladimir Putin hasn’t wasted any time in declaring his plans for the former tourist hot spot: gambling. Indeed, the Russian premier has earmarked the Black Sea resort as the 5th gambling zone in the country after his changes to Russian gambling laws back […]
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