Toni

Casinos in Macau Slated for a Change in the Way Gambling is Handled

Casinos in Macau Slated for a Change in the Way Gambling is Handled

Toni May 14, 2014 14:54:56

Mass market gamblers overtake junket operators in Macau, as they prefer to handle their own funds and casino preferences. Macau usually relied on high rollers to gamble in their casinos by way of “junket operators.” These middle men would usually organize trips and facilitate casino games for a certain commission from the casinos in questions. […]

Caesars Entertainment Forced to Seek Cut-Backs in AC to Alleviate Business

Caesars Entertainment Forced to Seek Cut-Backs in AC to Alleviate Business

Toni May 14, 2014 00:21:31

Atlantic City business struggling in the current market, while Caesars looks for solutions to cut back costs from business operations. The recent economy forced businesses to reconsider their strategies, as they try to regroup their plans from the dim situation. Caesars plans to cut cost by downsizing in the number of properties they hold in […]

Macau Wins Battle for Gamblers over Hong Kong During Golden Week

Macau Wins Battle for Gamblers over Hong Kong During Golden Week

Toni May 13, 2014 20:11:27

Golden Week marks a three day holiday for Chinese to relax, only this year they prefer Macau over Hong Kong. The Golden Week is normally celebrated as holiday period in China that lasts from May 1 to May 3. Mainland Chinese usually travel to Hong Kong to let loose and relax, however gambling news from […]

Pagcor Lowers Fees Pertaining to Gambling Licenses at Entertainment City

Pagcor Lowers Fees Pertaining to Gambling Licenses at Entertainment City

Toni May 13, 2014 14:50:52

Casinos in Entertainment City of Pasay given chance to obtain cheaper license fees, as Pagcor allows discounts for the moment. In 2013, the Philippine Bureau of Internal Revenue (BIR) decided to charge gambling casino a revised income tax rate which stands at 30%. Well-known corporations entered an agreement with Pagcor to see their licenses reduced […]

Crown Casino Continues Chasing Chinese Gambler with $8 million Debt

Crown Casino Continues Chasing Chinese Gambler with $8 million Debt

Toni May 12, 2014 15:44:34

Zhao Li racked up a debt of $8 million in 2011 and has failed to pay since, however Crown Casino continues to pursue the high-roller. Zhao Li initially gambled away several millions of dollars in the Melbourne branch, before the casino decided to extend his credit. Over the course of two weeks, he lost nearly […]

Man Suspected of Raiding Hartlepool Betting Shop Sentenced to Prison

Man Suspected of Raiding Hartlepool Betting Shop Sentenced to Prison

Toni May 12, 2014 09:23:08

Schizophrenic suspect jailed after being found guilty for raiding sportsbook in Hartlepool. Marcus Davies rushed into Ladbrokes threatening with a baseball bat, as he proceeded to rob the mobile betting firm in excess of GBP 350. The court sentenced him to three years in prison, where he is expected to receive the appropriate treatment and […]

Bookmakers Vying a Win for Swedish Song Undo at Eurovision 2014

Bookmakers Vying a Win for Swedish Song Undo at Eurovision 2014

Toni May 10, 2014 16:00:48

Sanna Nielsen’s song Undo among the favorite to win the Eurovision, as the finals come to life later in the evening. Following the comic problems at the recent semi-final rounds of the Eurovision, mobile betting firms have released their forecasts about the possible winners of the competition. According to William Hill, Sweden’s singing sensation Sanna […]

Crown Resorts Set to Build Sri Lanka Casino without Government Interference

Crown Resorts Set to Build Sri Lanka Casino without Government Interference

Toni May 9, 2014 15:12:16

Despite initial concern about the proposed casino, Sri Lankan government will not oppose Crown’s plans building a casino. Although initially reluctant to allow a casino to be integrated into the planned $400 million resort Crown plans to build, now it seems that officials have changed their opinion on the matter. Opposition was worried that the […]

Massachusetts Gaming Commission Votes against Naming Boston a Casino Community

Massachusetts Gaming Commission Votes against Naming Boston a Casino Community

Toni May 9, 2014 14:49:48

Boston to be denied the chance by Gaming Commission to be nominated as a host community for proposed casino plans. Boston gambling news highlights that Boston resident s will not have the chance to vote on potential casino gambling resorts in cities of Everett and Revere. The commission branded Boston a “surrounding community” which means […]

Why Gambling Winnings are Taxed in the US but not Canada

Why Gambling Winnings are Taxed in the US but not Canada

Toni May 7, 2014 15:07:07

US offers a promising gambling experience but comes with a price, while Canada offers less but doesn’t take away winnings. Gambling has been a popular activity for centuries across the globe. However, since the modernization of society, some nations have adopted certain laws pertaining to gambling. The US imposes certain restrictions on players, which effectively […]