Archive for 2016

Spain’s Christmas Lottery “El Gordo” Is the Largest Drawing in the World
December 28th, 2016 By April Bergman

Spain’s Christmas Lottery “El Gordo” Is the Largest Drawing in the World

El Gordo, the largest sweepstakes in the world, took place on Thursday at the Teatro Opera House in Madrid. This year’s prize pool totaled an estimated $2.4 billion. This year, 1,600 people held the winning ticket, which contained the winning numbers 66513. All sixteen hundred tickets were sold at the same vendor in Madrid, in […]

PhilWeb Close to Regaining eGames License in the Philippines
December 26th, 2016 By April Bergman

PhilWeb Close to Regaining eGames License in the Philippines

PhilWeb Corp., which provides software for 268 different gambling-related Internet cafes in the Philippines, filed with the Manila Stock Exchange today stating it soon will receive a gaming license. In the filing, PhilWeb said the Philippine Amusement and Gaming Corp (PACGOR) is expediting the procurement process for gaining an eGames license. The executives at PhilWeb […]

Rodrigo Duterte Says He Plans to Halt All Online Gambling in the Philippines
December 23rd, 2016 By April Bergman

Rodrigo Duterte Says He Plans to Halt All Online Gambling in the Philippines

Philippine President Rodrigo Duterte said on Thursday he plans to halt all online gambling in his country. Duterte, whose presidency began in late-July, did not give a time-frame or other details on how he planned to execute his plans. Given the extra-judicial way the former mayor of Davao City has battled against the drug culture […]

David Baazov Ends His $4.1 Billion Bid to Take Amaya Inc. Private
December 21st, 2016 By April Bergman

David Baazov Ends His $4.1 Billion Bid to Take Amaya Inc. Private

Five weeks after his initial proposal to buy back Amaya Inc. shares and take the company private, David Baazov has walked away from the bid. The deal to take Amaya private was estimated to be in the $4.1 billion range. The decision comes after weeks of questions about the financial wherewithal of David Baazov and […]

96 Indian Businessmen Detained in Illegal Gambling Raid at Hotel Hillscape in Khandala
December 19th, 2016 By April Bergman

96 Indian Businessmen Detained in Illegal Gambling Raid at Hotel Hillscape in Khandala

Ninety-six gamblers were detained at the Khandala Resort named Hotel Hillscape over the weekend. The Local Crime Branch of the Pune rural police arrested gamblers included a number of wealthy businessmen. Large Scale Gambling Raid The money confiscated in the gaming raid was Rs 16,96,248, along with Rs 3,200 in gambling cash. Law enforcement officials […]

Japan’s House of Councillors Approves a Brick-and-Mortar Casino Bill
December 14th, 2016 By April Bergman

Japan’s House of Councillors Approves a Brick-and-Mortar Casino Bill

The Upper House of Japan’s parliament approved a casino bill this week, clearing the way for an estimated $40 billion a year industry. A proposed casino law named the IR Bill was approved by a key committee in the House of Councillors, after the lower house approved the same measure last week. Land-based casinos in […]

Crown Resorts Sells Half Its Shares in Melco Crown Stock
December 12th, 2016 By April Bergman

Crown Resorts Sells Half Its Shares in Melco Crown Stock

Crown Resorts Ltd. said it plans to sell its $1.18 billion stake in Melco Crown Entertainment Ltd. The sell-off means Crown’s stake will be reduced to 14%, down from its current 27.4%. This is the second time in two years that Crown Resorts has sold part of its stake in Melco Crown. When Kerry Packer […]

Poland’s Deputy Prime Minister Plans to Introduce a Gambling Bill
December 9th, 2016 By April Bergman

Poland’s Deputy Prime Minister Plans to Introduce a Gambling Bill

Polish Deputy Prime Minister Jaroslaw Gowin says he is working on a new gambling bill to liberalize land-based sports betting and online poker. The top minister said the full legalization process is going to be prolonged, due to the need to coordinate national laws with international standards. Like so many governments, the Polish treasury could […]

Cambodia Sets Up a Server to Monitor Online Gambling Activities of Brick-and-Mortar Casino
December 7th, 2016 By April Bergman

Cambodia Sets Up a Server to Monitor Online Gambling Activities of Brick-and-Mortar Casino

Cambodia is taking measures to stop its residents from gambling online. Cambodian Minister of Economy and Finance told the Khmer Time his agency was studying how to manage and control online gambling more effectively. The plan is to set up a server that monitors legal online gambling in the country, which is restricted to the […]

Japan’s Lower House Approves the Integrated Resorts Promotion Bill (IR Bill)
December 5th, 2016 By April Bergman

Japan’s Lower House Approves the Integrated Resorts Promotion Bill (IR Bill)

The lower house of Japan’s parliament approved the Integrated Resorts Promotion (IR) bill on Tuesday. Prime Minister Shinzo Abe and his Liberal Democratic Party (LDP) are pushing for a completed casino bill before the end of the year. Defense Secretary Gen Nakatani abstained from voting on the bill, along with several other LDP members. Mr. […]

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Online Casino News Monthly Archive
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