Archive for August, 2018

Australia Bans Gambling Ads during Live-Streamed Sports Events
August 31st, 2018 By April Bergman

Australia Bans Gambling Ads during Live-Streamed Sports Events

Australia extended its ban on gambling ads to streaming services. The Australian Communications and Media Authority (ACMA) this week announced a ban on gambling advertisements during live-streamed sporting events on the Internet. Depending on the sporting event, a certain number of ads are allowed. Some sports, like golf and cricket, get a single gaming commercial […]

New Mainland Chinese Policy Could Help Macau Casinos
August 30th, 2018 By April Bergman

New Mainland Chinese Policy Could Help Macau Casinos

The Chinese Ministry of Public Service announced a policy change this week which could bring new revenues to Macau casinos. The new policy means up to 3 million mainland Chinese residents can renew travel visas which allow them access to China’s special semi-autonomous regions, Macau and Hong Kong. The announcement came from Qu Yunhai, Public […]

Playtech Plans to Enter the US Sports Betting Market
August 28th, 2018 By April Bergman

Playtech Plans to Enter the US Sports Betting Market

Playtech is seeking gaming licenses in the United States to help it move into the next big sports betting market. Playtech operates the iPoker Network, which supplies poker software to large online gaming brnads like William Hill, Paddy Power Betfair, and Bet365. Playtech provides online casinos and live casino games to hundreds of online gaming […]

Lui Che Woo Confident GEG Will Build Boracay Island Casino
August 27th, 2018 By April Bergman

Lui Che Woo Confident GEG Will Build Boracay Island Casino

The 89-year old founder and CEO of Galaxy Entertainment Group (GEG), Lui Che Woo, told CNBC recently he expects GEG to build a casino on Boracay Island in the Philippines. The casino executive, whose company owns and operates a variety of casinos in Macau, is opposed by Philippine President Rodrigo Duterte. Liu said of his […]

4,000 Gambling Apps Purged from Apple’s China Apps Store
August 26th, 2018 By April Bergman

4,000 Gambling Apps Purged from Apple’s China Apps Store

Apple services in China had to pull 4,000 gambling apps from its Apps Store, a part of a wide-ranging purge of over 25,000 downloadable apps on the Chinese version of the Apps Store. Since the purge, Chinese media outlets like China Central Television and Xinhua have criticized Apple for not meeting the standard requirements to […]

DraftKings CEO Expects Sports Betting to be Main Business
August 25th, 2018 By April Bergman

DraftKings CEO Expects Sports Betting to be Main Business

DraftKings CEO Jason Robins said his daily fantasy sports company is in a transition phase and sports betting will be a bigger part of its business “in the next 2-3 years.” DraftKings’ co-founder and CEO said it will take 10 to 12 U.S. states to legalize sports betting before his company’s main focus will become […]

NBA 2K’s Loot Box Policies Change Due to Belgium’s Regulations
August 24th, 2018 By April Bergman

NBA 2K’s Loot Box Policies Change Due to Belgium’s Regulations

After Belgium announced it would view randomized in-game purchases as a form of gambling, 2K Games announced changes to NBA 2K’s in-game purchases system in Belgium to comply with the law. The loot boxes in the game, specifically the NBA 2K series’ MyTeam feature, will be adjusted to comply with the recently changed Belgian gambling […]

Las Vegas Police Release Body Cam Videos of Oct. 1 Shooting
August 23rd, 2018 By April Bergman

Las Vegas Police Release Body Cam Videos of Oct. 1 Shooting

As the one-year anniversary of the October shooting nears, Las Vegas Police released more body-camera video of police officers in the Mandalay Bay on the night of the tragic shooting. The video shows officers as they search, with guns ready, casino floors and hotel rooms in an attempt to find the person responsible for the […]

Landing International Shares Drop after Yang Zhihui Disappears
August 22nd, 2018 By April Bergman

Landing International Shares Drop after Yang Zhihui Disappears

Shares of Landing International Development dropped nearly 50% after its chairman, Yang Zhihui, was reported to be missing on Thursday. While Landing International released a statement that Mr. Yang’s disappearance would not have an “adverse impact”, shareholders reached different conclusions. Bloomberg News reported, “Company officials have been unable to reach Yang since Aug. 23, Landing […]

Lawrence Ho and Jim Murren Visit Osaka to Discuss a Casino
August 21st, 2018 By April Bergman

Lawrence Ho and Jim Murren Visit Osaka to Discuss a Casino

Jim Murren of MGM Resorts and Lawrence Ho of Melco Resorts & Entertainment were on-hand for the Summer Sonic Festival (pictured) in Osaka. For the first time ever, Melco Resorts was the sponsor of the event. Before the grand finale of the festival, Lawrence Ho had met with Osaka’s governor to make a donation to […]

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