Archive for June, 2018

UKGC: Ladbrokes Misled Black Dave Case Investigators
June 30th, 2018 By April Bergman

UKGC: Ladbrokes Misled Black Dave Case Investigators

The UK Gambling Commission says Ladbrokes misled their investigators in the Black Dave Case, which involved a horse trainer delaying notification of a non-runner in order to place a bet on another horse. David Evans, a trainer for Ty-Derlwyn Farm near Pandy in Monmouthshire, was the center of the Black Dave Case. David Evans had […]

World Cup 2018 Brings in Record High Online Sports Bets
June 29th, 2018 By April Bergman

World Cup 2018 Brings in Record High Online Sports Bets

The 2018 World Cup in Russia has broken records for online sportsbooks. The UK, which is being treated to the England National Team’s unexpected run deep in the tournament, is breaking national records for sports betting. Though the US Supreme Court recently struck down a sports betting ban, in the UK sportsbooks are well established. […]

MGM Resorts Bought $131 Million in Tax Credits from Tesla
June 28th, 2018 By April Bergman

MGM Resorts Bought $131 Million in Tax Credits from Tesla

Tesla Inc., the electric car manufacturer, is expected to sell transferable tax credits for the third consecutive year to become profitable again. Elon Musk’s world-famous car manufacturer has reported multi-billion dollar losses in recent years. Tesla is one of two major electric car manufacturers in the United States. Led by the charismatic South African technologist, […]

China Trade War Casualties Could Include US Casinos in Macau
June 27th, 2018 By April Bergman

China Trade War Casualties Could Include US Casinos in Macau

US casino companies operating in Macau could become targets in the burgeoning trade war between China and the United States, according to Forbes. Muhammed Cohen of Forbes Online write an op-ed this week which suggested that Las Vegas Sands, MGM Resorts, and Wynn Resorts might be targeted for consequences, if the tariff war between the […]

French Regulator ARJEL Says Loot Boxes Are Not Gambling
June 26th, 2018 By April Bergman

French Regulator ARJEL Says Loot Boxes Are Not Gambling

The French regulatory body ARJEL decided this week that video game loot boxes are not gambling. Because the in-game purchases provide random prizes, many game enthusiasts consider loot crates or booster packs to be a form of gambling. Loot boxes are unpopular with a wide segment of the gaming community, whether they are gambling or […]

Caesars Entertainment Wants Musical Acts for Japanese Casino
June 25th, 2018 By April Bergman

Caesars Entertainment Wants Musical Acts for Japanese Casino

Caesars Entertainment Corporation plans to mine the Japanese entertainment industry to find performers who would give live performances at a resort-based theater on the grounds of their integrated casino-resort in Japan, if Caesars receives a Japanese casino license. Caesars believes in an “entertainment first” approach for the Japanese casino market, much like the strategy casino […]

Chinese Tourism Brings Jobs, Resentment to Cambodian Cities
June 24th, 2018 By April Bergman

Chinese Tourism Brings Jobs, Resentment to Cambodian Cities

Chinese tourism in Southeast Asia is a double-edged sword to many local residents. The Cambodian resort city of Sihanoukville, home to the Golden Sand Hotel-Casino and other casino resorts, is one of the towns which draws those Chinese tourists. Sihanoukville is on Cambodia’s southern coast, where tropical beaches and Chinese-built infrastructure draws a wave of […]

32Red Casino Fined £2 Million by UK Gambling Commission
June 23rd, 2018 By April Bergman

32Red Casino Fined £2 Million by UK Gambling Commission

32Red Casino was fined £2 million by the UK Gambling Commission for failing to stop a problem gambler multiple times over a 2-year period. The United Kingdom’s gaming regulator claims 32Red Casino missed 22 opportunities to stop the problem gambler, during times when the VIP player was given free bonuses instead. In all, the VIP […]

Sweden’s Riksdag Approves 2018 Swedish Gambling Act
June 22nd, 2018 By April Bergman

Sweden’s Riksdag Approves 2018 Swedish Gambling Act

The Swedish Riksdag approved a new Gambling Act which allows for licensing policies for international gaming operators. The regulations include application fees, as well as a wide-ranging new responsibilities for the Swedish Gambling Authority. The full text of the Swedish Gambling Act 2018 is expected to be posted on Sweden’s government’s website on July 24. […]

Hainan Island Officials Approve 5 Cashless Casinos
June 21st, 2018 By April Bergman

Hainan Island Officials Approve 5 Cashless Casinos

On Hainan Island in the South China Sea, five Chinese-owned hotel-resorts are being prepared to become “entertainment bars“, also known as “cashless casinos”. Gambling is illegal on Hainan Island, but entertainment bars are as close as one can get to casino betting without gambling taking place. Hainan Island lies 1,700 miles away from Beijing. Located […]

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