Phyllis F. April 23, 2015 12:24:28
A dim future for legalizing online gambling in the US lies ahead with the possible RAWA to be implemented. Morgan Stanley believes that 15 states will have online gambling by 2020. To date only Delaware, New Jersey, and Nevada allow online gambling including mobile betting in the US. However other states want to but there […]
Phyllis F. April 23, 2015 12:24:28
A dim future for legalizing online gambling in the US lies ahead with the possible RAWA to be implemented. Morgan Stanley believes that 15 states will have online gambling by 2020. To date only Delaware, New Jersey, and Nevada allow online gambling including mobile betting in the US. However other states want to but there […]
Born in the wrong place at the wrong time, the downfall of the Revel tells the sad story of Atlantic City’s demise. While it takes decades to build an empire, even the grandest of kingdoms can collapse into nothingness in the blink of an eye. That is the fate befalling Atlantic City. In 2006 “The […]
Toni September 4, 2014 16:26:25
The bad economy in the gaming industry doesn’t seem to be getting any better with Atlantic City’s Revel Hotel Casino among the recent facilities to have shut down. The reason behind developing the highly touted Revel Casino Hotel was create a “hang-out” place for Wall Street financiers and bankers. Instead to travelling to Las Vegas […]
Alex Nevsky August 5, 2014 20:03:07
A lottery winner is said to have borrowed money from Morgan Stanley against his winning ticket. Winning a lottery doesn’t mean you get rich overnight. An interesting case has just appeared in American gambling news. A lottery winner in Brooklyn went to Morgan Stanley to ask for a significant loan before he could collect the […]
Iva P. June 3, 2014 14:01:48
Chinese government undertakes crackdown on UnionPay, the only legal domestic bankcard organization available to local gamblers, in an attempt to have control over the use of bank cards. Trying to fight the widespread Macau money laundering practice, the monetary authorities gave casinos a deadline until July 1st to remove the illegal China UnionPay mobile swipe […]
Iva P. May 12, 2014 16:32:06
Two extremely rich and famous US casino tycoons are concentrated on two cities – Tokyo and Osaka – as the possible home of the first casino resort in Japan. Japan is still an unexplored gambling diamond in the region, but with the expected changes in the Japanese gambling laws, broker CLSA projected that it can […]
Premium mass-market gamblers are perfect for casinos because they wage large amounts without demanding comps from the house. Melco Crown, the Macau casino venture of Australian billionaire James Packer and local Lawrence Ho beat revenue estimates for the first-quarter of 2014, pulling in pre-tax revenue of $387.5 million. While Macau poker rooms and casinos are […]
Macau casinos are raking in skyrocketing revenues. At the same time, croupiers face abuse and are more unhappy than ever. Will the industry take steps to better care for its employees? Since deregulating in 2006 the casino industry in Macau has exploded. In 2013 the city’s casinos pulled in a collective $45 billion in revenue, […]
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