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ASF Consortium’s $3 Billion Gold Coast Casino Plan Partners with Chinese Government
March 23rd, 2017 By April Bergman

ASF Consortium’s $3 Billion Gold Coast Casino Plan Partners with Chinese Government

The ASF Consortium’s $3 billion Gold Coast casino project is under new scrutiny after it was revealed the resort might be partially owned by the Chinese government. ASF’s project has been opposed by local residents and activist groups before the revelation, but the opposition might have new fervor in the wake of the news. In […]

Indian Law Commission Chairman Proposes the Legalization of Sports Betting
March 20th, 2017 By April Bergman

Indian Law Commission Chairman Proposes the Legalization of Sports Betting

The Law Commission of India is considering the legalization of sports betting and casino gambling activities in the subcontinent. The Law Commission, the chief legal panel in the country, was tasked by the Indian Supreme Court with investigating “all legal aspects of betting in sports:. The decision to investigate legalization and regulation of sports betting […]

Teddy Sagi Sells 4.1% of Playtech After 12% Sell-Off in November 2016
March 18th, 2017 By April Bergman

Teddy Sagi Sells 4.1% of Playtech After 12% Sell-Off in November 2016

Playtech co-founder Teddy Sagi sold off shares of the online casino software giant for the second time in four months. The Playtech founder is thought to be worth about $5 billion, but he was looking for cash to invest in coworking real estate in central London. Mr. Sagi sold 4.1% of the company’s stock, after […]

Montreal’s Chefs Are Outraged that Loto Quebec Invested in French Chef Joel Robuchon
March 15th, 2017 By April Bergman

Montreal’s Chefs Are Outraged that Loto Quebec Invested in French Chef Joel Robuchon

Many of Montreal’s local chefs are angered by the decision of a partially state-owned casino to important its menu from France. Loto Quebec chose French celebrity chef Joel Robuchon for an “attention-getting restaurant”, according to the New York Times. A famous French chef, Joel Robuchon, was chosen to place a franchise of his world famous […]

Tabcorp Receives a Record $45 Million Fine from the Australian Federal Court
March 13th, 2017 By April Bergman

Tabcorp Receives a Record $45 Million Fine from the Australian Federal Court

An Australian Federal Court handed down a record fine for Tabcorp for its laxity in complying with anti-money laundering and counter-terrorism financing obligations. Under Australian laws, a gaming company like Tabcorp is required to comply with the Anti-Money Laundering and Counter-Terrorism Financing Act. Instead, the New South Wales company and financial regulator AUSTRAC found that […]

Tigre de Cristal Casino near Vladivostok Receives Positive Report from Daiwa Securities
March 10th, 2017 By April Bergman

Tigre de Cristal Casino near Vladivostok Receives Positive Report from Daiwa Securities

Daiwa Securities Group recently published a 40-page report on Summit Ascent Holdings Ltd., which owns the Tigre de Cristal Casino near Vladivostok in the Russian Far East. The report showed that Tigre de Cristal is starting to draw customers from Northern China, its intended customer base. When the Siberian casino opened in November 2015, it […]

Senator Richard Gordon Calls for a Philippine Online Gambling Regulator
March 8th, 2017 By April Bergman

Senator Richard Gordon Calls for a Philippine Online Gambling Regulator

Philippine Senator Richard Gordon called for the creation of an online gambling regulator in his country. In Gordon’s proposal, the Philippine Amusement and Gaming Corp (PACGOR) would continue to oversee land-based casinos. According to Sen. Gordon, who is the Chairman of the Senate Blue Ribbon Committee, PACGOR is better suited to oversee the new technology […]

Las Vegas Sands Wants to Build a Casino in Hanoi or Ho Chi Mihn City
March 6th, 2017 By April Bergman

Las Vegas Sands Wants to Build a Casino in Hanoi or Ho Chi Mihn City

Las Vegas Sands is interested in building an integrated casino resort in Vietnam. The Las Vegas casino company stated this week it had been in negotiations “for many years” with the Vietnamese government on building a casino in the country, but the talks now are serious. According to the Vietnam Economic Times, Las Vegas Sands […]

Bitcoin Creator Craig Wright Is Filing over 70 Blockchain Patents in the United Kingdom
March 3rd, 2017 By April Bergman

Bitcoin Creator Craig Wright Is Filing over 70 Blockchain Patents in the United Kingdom

Self-proclaimed Bitcoin creator Craig Wright (pictured right) claims he is partnering with Calvin Ayre to file parents relating to the digital currency which revolutionized anonymous online payments. Craig Wright’s patents also target the underlying technology behind Bitcoin” Blockchain. For those who may not know, Craig Wright is the Australian computer scientist who claimed in 2016 […]

Fitch Ratings Analyst Says Japan’s Legislators Might Restrict Japanese Resident’s Casino Gambling
March 1st, 2017 By April Bergman

Fitch Ratings Analyst Says Japan’s Legislators Might Restrict Japanese Resident’s Casino Gambling

Alex Bumazhny, a senior gaming analyst for Fitch Ratings’ Service, warned in a CNBC interview that Japan’s lawmakers might follow in Singapore’s footsteps in limited casino gambling in their country. The city-state of Singapore has two lucrative casinos due to tourist gambling, but limits the availability of casino gambling for its own residents. During an […]

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