Archive for August, 2015

James Packer Resigns as Chairman of Crown Resorts after “Mixed” Financial Results in 2015
August 12th, 2015 By April Bergman

James Packer Resigns as Chairman of Crown Resorts after “Mixed” Financial Results in 2015

James Packer has resigned as the chairman of Crown Resorts after the company’s year-long stock decline. Packer will retain a position on the board of Australia’s top casino gaming company, but Australia’s richest person no longer controls its fortune. Crown’s board says that Robert Ranking, the CEO of Consolidated Press Holdings, is going to take […]

Melco Crown’s Lawrence Ho Says Non-Gaming Amenities Will Not Transform Macau’s Casino Economy
August 10th, 2015 By April Bergman

Melco Crown’s Lawrence Ho Says Non-Gaming Amenities Will Not Transform Macau’s Casino Economy

Melco Crown CEO Lawrence Ho recently gave a candid interview in the Macau Daily Times discussing the non-gaming amenities being offered in Macau. Mr. Ho said in frank terms that the non-gaming enterprises in Macau would never make enough money to sustain the business, like they have in Las Vegas. After Las Vegas casinos saw […]

Australian Researcher Finds FIFO Workers Exhibit Problem Gambling at 15 Times the National Rate
August 8th, 2015 By April Bergman

Australian Researcher Finds FIFO Workers Exhibit Problem Gambling at 15 Times the National Rate

Australian National University professor Bruce Doran has released a study which studied the gambling habits of mobile construction workers. The survey showed fly-in, fly-out or FIFO workers may exhibit problem gambling at a rate fifteen times higher than the general population in Australia. Fly-in, fly-out workers are a facet of the Australian economy different than […]

Seven Chinese Citizens Arrested for Gambling on the Social Media Platform
August 5th, 2015 By April Bergman

Seven Chinese Citizens Arrested for Gambling on the Social Media Platform

Gamblers in six different Chinese locations were arrested for gambling on the social media platform WeChat this week, according to the Chinese-language newspaper, Want Daily. In early July, police in Zhejiang learned that Chinese citizens from Beijing, Shanghai, Suzhou, Hong Kong, and two outlying provinces were gambling on WeChat. Online gambling is strictly illegal in […]

PokerStars Signs Deal with Manx Telecom to Remain in the Isle of Man at New Data Center
August 3rd, 2015 By April Bergman

PokerStars Signs Deal with Manx Telecom to Remain in the Isle of Man at New Data Center

PokerStars recently signed a contract extension with Manx Telecommunications, a broadband and telecom company based in the Isle of Man. The deal assured that PokerStars would continue to maintain its servers on the Isle of Man for the next three years. PokerStars and Manx have been in business together since 2005, but the acquisition of […]

The Czech Republic Regulates Online Gambling, But Imposes 30% Tax on Legal Websites
August 1st, 2015 By April Bergman

The Czech Republic Regulates Online Gambling, But Imposes 30% Tax on Legal Websites

The Czech Republic approved a bill this week which would allow offshore gaming operators to apply for a license. The only drawback to legalized Czech gambling is the imposition of a 35% top tax rate on licensed online casinos and poker sites. Lottery Act of 2011 The latest bill replaces the Lottery Act of 2011. […]

Online Casino News Monthly Archive
  • 2019: J F M A M J J A S O N D
  • 2018: J F M A M J J A S O N D
  • 2017: J F M A M J J A S O N D
  • 2016: J F M A M J J A S O N D
  • 2015: J F M A M J J A S O N D
  • 2014: J F M A M J J A S O N D
  • 2013: J F M A M J J A S O N D