Archive for December, 2015

Three Men Sentenced for £2.9 Million Scam of Casino de Monte-Carlo
December 30th, 2015 By April Bergman

Three Men Sentenced for £2.9 Million Scam of Casino de Monte-Carlo

Three British gamblers have been sent to prison for their role in cheating a Monte Carlo caisno out of £2.9 million in roulette chips. The men scammed the world-famous Casino de Monte-Carlo out of nearly three million British pounds by using 10-euro chips as 1000-euro chips. The scam went on for nearly a year, before […]

South Korea’s Ministry of Culture Receives only 6 Integrated Resort-Casino Applications
December 28th, 2015 By April Bergman

South Korea’s Ministry of Culture Receives only 6 Integrated Resort-Casino Applications

On December 19, Bloomberry Resorts had its grand opening for the Jeju Sun Casino in South Korea. On hand was Philippine billionaire Enrique Razon Jr., who owns Bloomberry Resorts. Despite what appears to be a burgeoning South Korean gambling industry, the regional gaming media reports that the Jeju Sun Casino might be the last casino […]

James Packer Resigns as Director of Crown Resorts
December 26th, 2015 By April Bergman

James Packer Resigns as Director of Crown Resorts

James Packer is no longer a director of Crown Resorts. In fact, Packer is no longer on the Board of Directors of the corporation which contains the vast majority of his wealth. The move greatly diminishes his direct influence at Crown Resorts, despite the fact his handpicked CEO still runs the company and he continues […]

8 International Companies Bid to Receive a Cypriot Casino License
December 23rd, 2015 By April Bergman

8 International Companies Bid to Receive a Cypriot Casino License

The Cypriot Commerce, Industry, Energy and Tourism Ministry issued a statement last week stating it received 8 bids for a casino license. The Eastern Mediterranean nation is well-situated to attract European vacationers and high rollers, so a casino license is coveted by many of the world’s largest gaming companies. The Tourism Ministry declined to name […]

Ukrainian Finance Ministry Proposes Land-Based Casinos and Online Gambling
December 21st, 2015 By April Bergman

Ukrainian Finance Ministry Proposes Land-Based Casinos and Online Gambling

The Ukrainian Ministry of Finance, which is searching for new sources of revenue after losing an entire province through war, proposed legislation to regulate land-based casinos, sportsbooks, and online gambling throughout the country. Gambling was banned in Ukraine in 2009, but the country has seen a rise in illegal gambling since the imposition. Eastern Europe’s […]

Satellite Casinos in Macau Likely to Struggle in Coming Years as Cotai Resorts Prosper
December 19th, 2015 By April Bergman

Satellite Casinos in Macau Likely to Struggle in Coming Years as Cotai Resorts Prosper

Macau’s smaller third-party casino operations are likely going to struggle in the new gaming environment, says a respected financial analyst at Union Gaming Securities Asia Ltd. Instead, the “Big 6” projects are likely to attract more customers, because they will offer more amenities. Grant Govertson released a report on Thursday which presented a bleak picture […]

Primorye Gambling Enclave in Russia Expected to Generate $5.2 Billion by 2022
December 17th, 2015 By April Bergman

Primorye Gambling Enclave in Russia Expected to Generate $5.2 Billion by 2022

Lawrence Ho’s Tigre de Cristal Casino in the Russian Far East is in the perfect location for a casino boom. Tigre de Cristal, owned by Summit Ascent Holdings (Lawrence Ho), is located in a special administrative district near Vladivostok, is expected to have a monopoly in the region for the next 5 years. The Putin […]

Ladbrokes Australia Reactivates In-Play Betting Feature “LivePlay”
December 14th, 2015 By April Bergman

Ladbrokes Australia Reactivates In-Play Betting Feature “LivePlay”

Ladbrokes Australia has reinstated “LivePlay”, the online gaming site’s in-play live betting option. Ladbrokes had suspended use of LivePlay in July after the Australian Communication Agency (ACMA) announced it would review the legality of in-play betting. At the time, the feature was called “Ladbrokes: Quickcall“. At the time, enough political pressure had been applied that […]

Brazilian Senate Committee Approves Online and Land-Based Gambling Bill
December 9th, 2015 By April Bergman

Brazilian Senate Committee Approves Online and Land-Based Gambling Bill

Brazil could become the next major legal online gambling market after a key committee in the Brazilian Senate approved liberalized gaming laws this week. The proposed law, named Bill 186 of 2014, was passed by the Special Committee on National Development. If Brazilian lawmakers follow through on the proposed legislation, online gambling would become legal […]

South Korean Pitcher Faces Probe in Seoul Which Could Hurt His MLB Chances
December 7th, 2015 By April Bergman

South Korean Pitcher Faces Probe in Seoul Which Could Hurt His MLB Chances

Oh Seung-Hwan, a star South Korean pitcher with a chance to sign in Major League Baseball this offseason, has been implicated in a widening investigation of illegal gambling on baseball. The Korean pitcher currently plays for the Hanshin Tigers of the Nippon Baseball League — Japan’s top league. The star player is expected to be […]

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