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Casino Stocks Plunge in Macau With New Restrictions

- December 23, 2014 By Samantha A. -

Illicit transfers of funds through Macau, China are being attacked by the country’s Ministry of Public Security. Corruption had run rampant in this gaming industry for some time. The crackdown on this practice has pushed corrupt party officials to move outside the country. The problem did not end there, though, as these officials have continued […] Continue Reading

Mother of Two Lands £3 Million Lotto Jackpot

Young mother from Exeter lands £3 million jackpot

- December 23, 2014 By Nemanja L. -

A young mum from Exeter was astounded to learn that she landed a £3 million prize on the National Lottery as the woman believed she had only won £3,000. Jenn Burston decided to take her chance with Lucky Dip online as she was tempted by the fourth straight rollover and ended up landing a staggering […] Continue Reading

Kentucky Might Ban Online Gambling

- December 22, 2014 By Oliver Young -

Kentucky once again is trying to prevent legalisation of online gambling after State Senator Mike Wilson pre-filled a bill that would ban both remote gambling and internet cafes. Wilson’s BR 229 was reportedly submitted on the 17th of November and its purpose is to modify the Kentucky Revised Statues Chapter 528.010 (Gambling Definitions). The bill […] Continue Reading

Chinese Government Launch Crackdown on Macau Gambling Syndicates

China launch strong action to battle junket operators in Macau

- December 18, 2014 By Nemanja L. -

Chinese government has declared a war on illegal gambling in Macau by launching a new action against the VIP junket operators in the province, South China Morning Post has learned. Coordinated by the Ministry of Public Security, the latest initiative targets leading crime syndicates and is part of President Xi Jinping’s anti-corruption drive. Chinese government […] Continue Reading

Czech Republic to Fight Gambling and Alcohol as Illegal Drugs

Czech Republic flag

- December 17, 2014 By Oliver Young -

The Czech Republic announced its plans to start fighting gambling and alcohol as illegal drugs. The government of the country approved several changes in the Czech’s national strategy for addictive substances. Jindřich Vobořil, the national anti-drug coordinator of the Czech Republic, said that Czechs have extremely high access to gambling facilities. He also pointed out […] Continue Reading

Upstate NY to Get a New Casino?

- December 16, 2014 By Samantha A. -

There are plans in place for a new casino to go in upstate NY. This new casino has yet to have a spot for it to go, but they are working out the details and hopefully pitching some new ideas on where they think it would be the best to open up. This is something […] Continue Reading

Gambler Sentenced to Seven Years for Stealing £2 Million

English banker sentenced to seven years in prison

- December 16, 2014 By Nemanja L. -

A financial adviser from West Sussex was sentenced to seven years in prison after admitting to earning over £2 million by conning his partners, friends and cousins in an online betting scheme. David Gale made his investors believe he had found a formula to earn huge profits from online sports betting, but rather than investing […] Continue Reading

Adelson’s Casinos Were Attacked by Iranian Hackers

- December 15, 2014 By Oliver Young -

Earlier this year, in February 2014, Las Vegas Sands Corporation was a victim of a cyber attack. More than a year has passed since then and finally there is some evidence about the case that shows the attack came from Iran. These reports were made by Bloomberg Businessweek this Thursday and in their article they called […] Continue Reading

Casinos Continue to Drive Nevada Economy

Nevada economy continue to profit from Las Vegas casinos

- December 11, 2014 By Nemanja L. -

The latest report published by the American Gaming Association has revealed that casinos have contributed whopping $53 billion to Nevada economy in 2013. And while the figure generated from casinos alone stands at $30.6 billion, the Oxford Economics study also includes the impact of different services used by the casinos as well as taking into […] Continue Reading

Adelson’s Online Gambling Ban Omitted from Final Spending Bill

- December 10, 2014 By Oliver Young -

Online gambling fans do not need to worry anymore after the US Congressional spending bill was published without any information about banning internet gambling in the United States. As was reported on Review Journal, on Thursday the budget of $1.1 trillion was presented to the public and not a single word in it signalised that […] Continue Reading

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