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7-Day High In Share Prices Puts Hong Kong-Based Galaxy On Top… Again

7-Day High In Share Prices Puts Hong Kong-Based Galaxy On Top… Again

Alex Nevsky November 14, 2014 09:00:15

Galaxy entertainment group of companies maintained high earnings despite overall decline in mass-market casino gambling in Macau. Online gambling news in Macau have reported $426 million dollar in adjusted earnings for Galaxy. The high-stake gaming company, owned by millionnaire Lui Che Woo, increased its gains by 2.5 % closing at HKD 52.35 per share. They […]

Canadian Bought Details of 650,000 Paddy Power Customers from Maltese Hacker

Canadian Bought Details of 650,000 Paddy Power Customers from Maltese Hacker

August 13, 2014 08:56:10

Canadian “data broker” Jason Ferguson is under investigation for attempting to sell data stolen from Paddy Power. Jason Ferguson of Canada is currently under and ongoing investigation after he tried to resell the personal data of 650,000 Paddy Power customers for a price of €7,600. The incident is the most high-profile case of internet gambling […]

Aging Bands Make Grand Tours in Regional Casinos in the USA

Aging Bands Make Grand Tours in Regional Casinos in the USA

Iva P. July 21, 2014 11:14:30

It has become a tradition for popular bands, which are growing old, to organize tours in various casinos throughout the USA, which are trying to attract more gamblers in their slower periods each year. One such group is KC and the Sunshine Band, who will sing at casinos at half of their 23 stops, during […]

Italian Lottery Operator Gtech buys US Slots Producer IGT

Italian Lottery Operator Gtech buys US Slots Producer IGT

Iva P. July 18, 2014 13:33:51

Gtech, the operator of the Italian lottery, signed a deal to acquire International Game Technology, slot machines developer, based in Las Vegas, for the stunning amount of $4.7 billion in cash and stock. IGT was constantly in the gambling news and a lot of speculations were discussed regarding its financial stability, before the confirmation of […]

Sands Agrees to Combat Money Laundering in Macau

Sands Agrees to Combat Money Laundering in Macau

April 8, 2014 12:04:08

Sheldon Adelson and Sands Macau have agreed to take further steps to make sure their business operations are not connected with organized crime or money laundering. Enemy of internet gambling in America Sheldon Adelson’s business ventures in Macau have been extremely lucrative. The city is now the world’s foremost gambling hub, earning $45 billion in […]

You Can Teach an Old Dog New Tricks: The Folks at Ladbrokes

You Can Teach an Old Dog New Tricks: The Folks at Ladbrokes

March 28, 2014 18:20:53

Ladbrokes cuts major deal with Playtech in the hope of saving itself after years of clinging to an outdated business model. Operating a chain of betting shops these days is like using a type writer: it has nostalgia appeal, but from a practical standpoint it just doesn’t make any sense. Most of the money to […]