Archive for March, 2014

Worldwide Gambling Revenues Were a Combined $440 Billion in 2013
March 31st, 2014 By April Bergman

Worldwide Gambling Revenues Were a Combined $440 Billion in 2013

The global gambing industry’s revenues were a combined $440 billion for the calendar year 2013, according to the Economist magazine. The Economist analyzed how the record numbers broke down around the globe, with some thought provoking results. The number cited is gross winnings, which is the turnover minus payouts without expenses considered. The report was […]

New Jersey Senate Panel Votes to Allow Foreign Online Gaming
March 26th, 2014 By April Bergman

New Jersey Senate Panel Votes to Allow Foreign Online Gaming

On Monday, a New Jersey Senate panel approved a bill that would allow foreign online gaming companies to do legal business in the state. If passed, the bill would allow Atlantic City casino websites to sign up players from other countries. For an international gambling business to be licensed, it would have to partner with […]

New South Wales the State with 2nd Most Gaming Machines in the World
March 25th, 2014 By April Bergman

New South Wales the State with 2nd Most Gaming Machines in the World

According to the Gaming Technologies Association of Australia, New South Wales is listed as the state or territory with the second-most gaming machines worldwide, behind only Nevada. New South Wales operates 95,000 gaming machines, while Nevada has just over 198,000 of them. New South Wales is an Australian state in the southeastern portion of the […]

Crown Limited Group Buys Out Betfair’s Australia Gaming Operations
March 20th, 2014 By April Bergman

Crown Limited Group Buys Out Betfair’s Australia Gaming Operations

Crown Limited, the largest Australian gaming company, has bought Betfair’s Australian shares and seized full control of the two gaming giant’s joint Aussie business. The two companies have been involved in a joint venture in the country since 2007, but it appears the Crown Ltd’s CEO, James Packer, wants full control of the enterprise. Betfair […]

Caesars Entertainment and Lippo Group Receive License for South Korea Casino
March 19th, 2014 By April Bergman

Caesars Entertainment and Lippo Group Receive License for South Korea Casino

The government of South Korea awarded a license to a consortium of gaming companies which includes Caesars Entertainment and the Indonesia gaming conglomerate, Lippo. The consortium hopes to build a casino and resort in South Korea’s largest airport, which will open in 2018.  Final approval is still pending, but this would be the first gaming […]

Celebration Jamaica Development Ltd Hopes to Begin Construction on Casino
March 18th, 2014 By April Bergman

Celebration Jamaica Development Ltd Hopes to Begin Construction on Casino

Celebration Jamaica Development Limited is awaiting approval from the Jamaican government to break ground on the construction of a 1,000-room hotel. The final vetting process for a casino development grant order is expected to be in summer 2014. If the new “Las Vegas Style” integrated casino comes to fruition, it is expected to create 4,000 […]

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