Phyllis F. January 6, 2015 08:54:01
Following the plunge in revenues, Melco Crown may quit the HK stock exchange. The gambling enclave lost almost $100 billion of market value during the Chinese government’s clampdown on corruption. With revenues falling to 30.4% in December, 2013 ended badly for the gaming industry in Macau. This was the seventh month in a row where […]
Toni May 14, 2014 15:11:13
Authorities in China put the law into practice, as biggest ever internet gambling operation is shut down by Shanghai police. Shanghai police have put a stop to an online gambling site in China that has reportedly processed bets worth over $18.1 billion. The police investigation began in October of last year, while in April they […]
John M. December 10, 2009 17:20:42
Generally, people don’t consider the gambling industry (online or offline) as a business sector that helps to keep other businesses afloat.
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