Toni

Macau Authorities Crack Down on Illegal Betting Joint Tied to World Cup

Macau Authorities Crack Down on Illegal Betting Joint Tied to World Cup

Toni June 23, 2014 20:11:47

Illegal betting business takes a big hit in Macau, as local authorities put a stop on a $645 million World Cup gambling scheme. Police have managed to shut down an illegal gambling operation that took in bets of over $645 million for World Cup games. Gambling news report that it is arguably the biggest ever […]

World Cup Match between Croatia and Mexico has Plenty Options to Bet on

World Cup Match between Croatia and Mexico has Plenty Options to Bet on

Toni June 23, 2014 16:59:42

Deciding match for Group A will see Croatia vs Mexico offer great and exciting betting opportunities for punters. Both teams have solid players in their respective line-ups which will undoubtedly help elevate the game level in tonight’s deciding match. Mexico is currently above Croatia in the group, as they notched a win against Cameroon and […]

Former Employee Suing Old Boss Okada over Alleged Bribes to Complete Casino

Former Employee Suing Old Boss Okada over Alleged Bribes to Complete Casino

Toni June 9, 2014 20:28:21

Owner of gaming enterprise Kazuo Okada is being sued by ex-employee for making numerous bribes to finish construction on Philippines casino. Universal Entertainment’s former worker submitted a criminal procedure against the founder of the company, Kazuo Okada. Gambling news states that Takafumi Nakano filed the complaint to the Tokyo District Public Prosecutor’s Office, alleging that […]

Japanese Parliament to Commence Discussions on Gambling Bill Imminently

Japanese Parliament to Commence Discussions on Gambling Bill Imminently

Toni June 9, 2014 20:18:34

With numerous benefits associated with casinos and 2020 Olympics approaching, Japan is looking at ways to legalize gambling activities. Japanese gambling laws do not permit casino operations, but that is about to change. Reports have surfaced indicating that Japanese government is ready to start talks on the casino bill as early as next week. However, […]

Galaxy Entertainment Group Shares Slow Down at the Hong Kong Stock Market

Galaxy Entertainment Group Shares Slow Down at the Hong Kong Stock Market

Toni June 9, 2014 12:54:35

Despite an overall increase in revenue in Macau casinos last month, shares still decreased at the Hong Kong stock exchange. Macau casinos show bad result at the stock exchange, following inconsistency with analysts’ predictions with the revenue growth. Aaron Fischer, head of consumer research at CLSA Ltd. expressed his disappointment with the recent results at […]

Chinese Banks Face Scrutiny for Suspected Involvement in Illegal cash Transfers

Chinese Banks Face Scrutiny for Suspected Involvement in Illegal cash Transfers

Toni June 8, 2014 20:36:25

Despite strict restriction in place, gambling players in Macau still manage to transfer their funds through state-run Chinese banks. Government-led banks in China are rumored to be involved in handling illegal money transfers for players that gamble in Macau. China UnionPay was looking into ways how the use of mobile betting devices to that were […]

Mumbai Police Crack Down on Sportsbetting Joint and Discover two Illegal Websites

Mumbai Police Crack Down on Sportsbetting Joint and Discover two Illegal Websites

Toni June 8, 2014 13:01:26

Despite the constant vigilance of the police, bookmakers still managed to facilitate betting services to clients via two online sites. Bookies have now created two websites through which they facilitated bets and took in action to settle accounts. Previously they have used their mobile phones to take wagers, but have opted to switch from the […]

A Compromise Adelson Can Live With? The US Could have Poker but not Online Casino

A Compromise Adelson Can Live With? The US Could have Poker but not Online Casino

Toni June 8, 2014 02:29:15

New gambling bill intends to make online casinos in US a thing of the past, while in efforts to appease players, online poker is supposed to remain untouched. Sheldon Adelson is among the wealthiest individuals on the planet. He commands a fortune upwards of $37 billion. His main interest lies in the gambling industry, although […]

Online Gambling Discussion Reveals Opposing Ideas among Industry Leaders

Online Gambling Discussion Reveals Opposing Ideas among Industry Leaders

Toni June 8, 2014 00:55:17

Despite the fact that online gaming has achieved considerable progress in recent times, there are still disagreements between leaders of land-based and online casinos. Legislators in Pennsylvania remain undecided whether or not to make the state the most-populous that permits and maintains a mobile betting policy. Executive at Caesars Entertainment’s interactive unit, Michael Cohen, addressed […]

Betting Firms Claim Match-Fixing Remains a Pressing Issue in Europe

Betting Firms Claim Match-Fixing Remains a Pressing Issue in Europe

Toni June 7, 2014 20:44:37

Belgian betting provider Federbet highly concerned about match-fixing in European football, stressing that rigging is on the rise. Many reports indicate that match-fixing in European football is still a serious concern. The number of matches that were suspected to be rigged ran high. Mobile betting firms believe that sporting regulatory authorities must find a way […]