Jonathan November 8, 2019 14:58:32
So finally, Japan legalizes casino gambling. Though technically gambling is illegal throughout Japan, you'll find plenty of gaming machines. In fact Japan has 58% of all the gaming machines world-wide! Funnily enough, their classification does not fall under the heading of gambling machines! But a recent law will allow the opening of three integrated commercial casino resorts.
Nich Moore May 15, 2018 05:22:37
The Supreme Court of the United States begins to look like one of the most liberal law-making bodies left in Trumpelvania as it not only backs New Jersey’s rights to make up their own legal code when it comes to gambling but also strikes down a federal ban that has seen sports betting in the […]
Nich Moore December 14, 2016 07:16:49
Like the release of a new FHX baby Dragon on Clash of Clans causing a ripple of excitement to run through the nerdiverse like a digital tsunami, news that legislators are stepping closer to legalized Japanese casinos has set the gambling world alight with the big names already seeing a boost to their future earnings […]
Frederick H. August 23, 2015 10:05:42
Poker in Macau has the potential to be a righteous combination Poker in Macau has traveled from a different world. China had gambling 140 years before the onset of Chinese casinos. Gambling in modern day China wasn’t realized until 1962, when the government legalized it following Macau’s return by the Portuguese. The Peoples Republic of […]
Frederick H. August 13, 2015 12:23:34
The world’s biggest casinos highlight gambling’s most massive venues The massive economic recession that infected global commerce also had repercussions in the entire gambling industry. In an effort to create more revenue within the US, more states were getting approval to construct casinos. The internet has provided added competition for casinos. Online and mobile casinos […]
Frederick H. August 6, 2015 07:18:02
Steve Wynn has infiltrated Vegas, Atlantic City, Macau and soon Boston. Nowadays in U.S. gambling news, you may find Steve Wynn on top of important matters such as selecting a singer for his resort’s presentation of “Showstoppers” or working out a plan to help rejuvenate Boston’s metro system. Whether seen as a hero or villain, […]
Daniel July 9, 2015 12:22:56
Wynn Resorts’ lawyer threatened Mayor Martin J. Walsh with a defamation suit over his statements in connection with the city lawsuit vs state gambling commission. The Massachusetts state gambling commission was charged by the city of Boston twice already in 2015 about illegally securing a casino license for Wynn Resorts. Chief Executive Steve Wynn is […]
Phyllis F. April 22, 2015 10:52:05
A bill is waiting to be passed in order to legalize gambling in Japan. Since last year the Japanese congress should have been busy preparing the groundwork for casino industry investors to move in. This bill would have enabled Las Vegas-focused companies including Las Vegas Sands, MGM Resorts International and Wynn Resorts to move in […]
Phyllis F. April 21, 2015 06:58:58
Considerable set back in earnings is hanging over the heads of Las Vegas casinos if money laundering operations are discovered. With several Macau-based casinos undergoing huge revenue losses, Las Vegas casinos better watch out too or they may get caught for harboring money launderers. Although the regulatory expense of conforming to an AML 101 is […]
Bence March 5, 2015 11:53:33
Wynn Resorts is aiming to expand its territories within the New England state. Online gambling sites in US report that Wynn Resorts, the casino license holder of the state Massachusetts, has bought another part of territory. This new business means an expense of $6 million from the casino’s budget. The costly deal was paid to […]
Frederick H. February 26, 2015 04:33:53
Organized Crime Embedded in Japan It’s the story of mayhem, suspense and on the seat excitement. Or maybe not. The Japanese organized mobsters, known as Yakuza, are the stuff of legend nowadays. Popularized in literature, manga, anime as well as Hollywood, the Yakuza have always had a very real place in Japanese society. Scorned by […]
Phyllis F. February 17, 2015 12:55:43
The odds are way off for some Northeast’s casino projects. You will want to be careful about betting on the casinos just opened up in the Northeast’s states of Ohio, Maryland and Pennsylvania. There are growing speculations on whether they will flourish enough in the long term to fulfill financial expectations. So far, the three […]
Frederick H. January 12, 2015 06:50:56
Las Vegas Sands Casino Operation had a profit increase and lower user decrease due to recession-frightened gamblers and a saturation in the market. Las Vegas Sands casino operation witnessed profits from its operations in the U.S. reached $508 million in the first nine month in 2014. This result was only slightly higher than last year. […]
Frederick H. January 7, 2015 11:43:39
Boston Mayor sues Massachusetts State gambling commission over vote for Wynn Resorts to have better chance at generating more lucrative deals. The Massachusetts State gambling commission was issued a lawsuit by Boston’s Mayor Martin Walsh and his administration on Monday in order to disrupt Wynn Resorts casino project in Everett. The suit requests that Wynn’s […]
Phyllis F. December 12, 2014 13:48:00
‘Abenomics’ to include integrated resorts where casinos tax revenues would plug Japan’s budget deficit. One must admit that it was rather a bold move on the part of the Prime Minister, Shinzo Abe – The Prime Minister of Japan held a rather sudden parliamentary election in Japan on Sunday. What was rather more startling was […]
Phyllis F. December 12, 2014 13:48:00
‘Abenomics’ to include integrated resorts where casinos tax revenues would plug Japan’s budget deficit. One must admit that it was rather a bold move on the part of the Prime Minister, Shinzo Abe – The Prime Minister of Japan held a rather sudden parliamentary election in Japan on Sunday. What was rather more startling was […]
Phyllis F. December 12, 2014 13:48:00
‘Abenomics’ to include integrated resorts where casinos tax revenues would plug Japan’s budget deficit. One must admit that it was rather a bold move on the part of the Prime Minister, Shinzo Abe – The Prime Minister of Japan held a rather sudden parliamentary election in Japan on Sunday. What was rather more startling was […]
Monica E. November 9, 2014 13:55:24
In a referendum held earlier this week, Massachusetts voters cleared the way for two new casino resorts and a slots parlor in the state. Wynn Resorts, MGM Resorts International and Penn National Gaming are free to move forward with their plans of turning Massachusetts into a proper gambling state. According to this week’s gambling news, […]
Monica E. October 28, 2014 18:03:34
Steve Wynn is suing James Chanos after the famed investor held a fiery speech on the activity of Chinese casinos. If you’re familiar with the world of business investments, you’ve probably heard of James Chanos. A household name on Wall Street and head of Kynikos Associates hedge fund in New York, the expert decided to […]
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 […]
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 […]
Nich Moore October 8, 2014 19:14:08
Macau’s day to day operations don’t just depend upon Chinese people wishing to gamble, but upon their ability to get money in and out of China, and that’s where the Junkets come in. Macau’s gambling revenue in 2013 was up 20% on the previous year to around $45 billion. To put that in some sort […]
Boston is throwing its hat in the ring as a new gambling hotspot on the East Coast, drawing inspiration from Singapore. It looks to be successful, but will it become a regional hub? Since the late 1970s the commercial casino industry in America has largely been a tale of two cities. Las Vegas held things […]
Toni September 21, 2014 11:25:43
After securing a license for the massive gaming project, Wynn Resorts still has to deal with a possible repeal of the state’s gaming laws. Massachusetts gambling regulators and the famous Wynn Resorts have come to an agreement for the license of proposed casino project that is valued at a staggering $1.6 billion. However the problem […]
Alex Nevsky September 9, 2014 11:00:48
Massachusetts Gaming Commission will be discussing proposals for Boston-area casinos from Mohegan Sun and Wynn Resorts. Massachusetts Gaming Commission is hosting talks on Boston-area casinos • American gambling laws have already been changed to allow resorts in the state • Mohegan Sun and Wynn Resorts are both applying for casino licenses • The Board could […]
Monica E. July 31, 2014 22:08:59
The reports for the second quarter of this financial year are not very optimistic for the world’s largest gambling destination. When Macau reported June’s year-on-year gaming revenue decline, investors said there was nothing to worry about. In fact, they said this was the bottom and predicted that the industry would make a fast recovery. But […]
Monica E. July 30, 2014 14:07:06
Well-established companies from Las Vegas turned Macau into the world’s most popular and glamorous gambling hub. For decades, anyone who visited Macau knew the cylinder-shaped hotel tower of the Casino Lisboa to be the symbol of the former Portuguese colony. But today, Macau is the most luxurious, most visited and certainly most profitable gambling destination […]
Monica E. July 14, 2014 16:18:17
If you’re looking for new investment opportunities, analysts recommend these casino developers. The casino business might be stagnating in certain parts of the world, but now is the time to get rid of the industry’s weakest players and let the market swallow them up. Financial experts have shown that, in the hands of capable and […]
Iva P. June 20, 2014 20:16:06
The gambling bill debate in Japan started officially this week and the initial plan was that gambling will be allowed in the country by the end of this summer legislative session on June 22nd, but all investors and casino lovers might have to wait a bit more. Naturally, investors were the most impatient actors, as […]
While Macau is top dog in casino gambling, Las Vegas is poised for a big comeback. Be sure not to miss out. Las Vegas has been a bear market for several years, with a long line of naysayers warning against investing money in the Nevada entertainment Mecca. They say: “Macau is the world leader in […]
Alex Nevsky May 9, 2014 15:28:28
Wynn Resorts have revealed their 2014 Q1 financial figures causing their share prices to skyrocket. While casinos are certainly home to gambling activity in the most direct meaning, stock market play with the stocks of casino companies provides a healthy alternative to those in the know. Wynn Resorts is enjoying great times when their stock […]
Iva P. May 5, 2014 18:08:40
The future of gambling industry in the state of Massachusetts could be determined by voters ballot, as the question may be allowed by the Massachusetts Supreme Judicial Court after the scheduled hearings. Having in mind that this is an extremely high-profile case, it is not a surprise that it is all over the gambling news, […]
Iva P. April 4, 2014 14:08:44
Casinos in Macau are flourishing and making fantastic revenues in the world’s number one gambling hub. Macau’s gambling revenue for March was $4.44 billion, which is 13% higher than the same time last year. This was the reason why the stocks of various casinos like Wynn Resorts, Las Vegas Sands and Melco Crown Entertainment went […]
Iva P. April 3, 2014 19:59:43
Macau is the absolute leader in the gambling market at the moment and it has no intentions to give up its position. It is currently the world’s number one gambling resort, which is not surprising as betting was legal there from mid-19th century, and the gaming culture is establishing ever since then. Nowadays around 30 […]
Rab April 3, 2014 14:53:13
Kazuo Okada is an interesting man; he’s very well respected and experienced in the gambling and casino industry, oh and he’s also the twentieth richest man in Japan. Kazuo Okada, and his company the Okada Group, have been featured numerous times in gambling news. recently due to his disputed termination of a contractual agreement with […]
Casino execs have itching for a piece of the action in Miami, and David Beckham may have just made their lives a bit more difficult. A motley crew of casino execs including Sheldon Adelson of Las Vegas Sands, Steve Wynn of Wynn Resorts and Tan Sri Lim Kok Thay of Genting have set their eyes […]
Monica E. March 21, 2014 18:48:20
As the internet gambling industry is booming worldwide, the time has come for the USA to join the game. It is estimated that, if state officials were to legalize online gambling sites in the US, the country’s internet casino industry could be worth as much as $8 billion. Meanwhile, land-based casino profits are dropping, not […]
Monica E. February 26, 2014 16:08:16
Japan’s potential casino industry is luring major investors and Las Vegas Sands is willing to spend $10 million on a new resort. Over the past decade, Asia has been the centre of attention in international gambling news. While casinos in the US are losing customers, Asia’s land-based venues are becoming increasingly popular among gamblers world-wide. […]
Female casino execs and players give their two cents on gender in the gaming industry We now know that women are gambling in larger numbers than ever before. Data shows that the gap between female and male participation in the industry is constantly shrinking. In addition to more female players, currently 25 percent of casino […]
Five developers vie for city’s second casino license Enthusiasm is high as five developers compete for Philadelphia’s second casino license. This week representatives from Penn National Gaming, the Goldenberg Group, Greenwood Gaming, the Cordish Cos. and PHL Local Gaming L.L.C. will make their final pitches for the license. Vegas-based Wynn Resorts was interested for some […]
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