Tag: gambling

Domingo highlights importance of gambling regulation

Domingo, gambling, regulation, illegal gaming
Speaking about the importance of maintaining a regulated gambling industry and the dangers of prohibition, Domingo highlighted that the latter has the potential to create the gambling equivalent of a narco-state, with the revenue generated by illegal gaming acting to undermine government institutions. “The very big danger of not legalising gambling is that the illegal gambling lords become very powerful...

Six casinos closed in Reynosa

casinos, reynosa, closures, gambling, six, mexico
The Secretariat of Public Works in the border city of Reynosa in Tamaulipas state has closed six gambling venues which were operating without the relevant permissions. “We’ve been in touch with the owners to inform them that before opening they need to fulfill several requirements for which they have to apply by law,” said the head of the department, Eduardo...

Meghalaya state set to consider gambling legislation

Meghalaya, state, consider, gambling, legislation
The Shillong Times has reported that the Meghalaya legislative body is considering casino legislation as the first step in the establishment of a gaming area in the Indian state. According to the report, the government of the northeastern region is proposing the establishment of a new gaming venue in Byrnihat, Ri-Bhoi, with first draft proposals already under consideration. “There is pressure...

Parimatch’s people first approach is recipe for sustainable success

Parimatch, sustainable success, industry, gambling
Employment in the 21st century is no longer about simply finding a job for life and as the desire for work to engage, educate and enhance employee’s lives increases, companies who can foster talent are akin to bottling lightning. With more than 1,600 employees operating in multiple territories across the globe, Parimatch’s decision to seek out and develop tomorrow’s...

Excitement builds with only 48 hours to go until SPiCE

SPiCE india, gaming, goa, gambling
Excitement and anticipation is building amongst all those involved in the Indian gaming and sports betting industry as less than 48 hours remain for the kickoff of the Strategic Platform for iGaming Conference & Exhibition (SPiCE) that is scheduled to be held from 25th- 27th February, 2019 at the Goa Marriott Resort & Spa, located in Miramar, Panaji. The event...

Michael Barsin new Sales Manager for South East Asia Jade Entertainment

NOVOMATIC, gambling, Jade Entertainment, Sales Manager, South East Asia,
NOVOMATIC is continuing to develop its footprint in Asia with top-performing Electronic Table Games installations and the introduction of its latest gaming technologies throughout the region. Jade Entertainment and Gaming Technology is NOVOMATIC’s long-standing distributor for the South East Asian region and primarily focused on markets including the Philippines, Macau, Malaysia and Vietnam – with sales and support offices in...

SPiCE: Alderney eGambling’s Susan O’Leary talks business

Spice, Alderney eGambling, Susan O Leary, interview, tax, gambling
Susan O’Leary is the CEO of Alderney eGambling, the Alderney regulator’s strategic and development body. As a lawyer, she represented some of the world’s leading eGambling operators and gambling service providers including many of Alderney’s licensees. She has a keen sense of what they require from a jurisdiction: a strong pragmatic regulator who understands the commercial environment, a resilient...

Virginia casinos could finally be on the cards

Virginia, casino, us, gambling, politics
A variety of late-year developments have increased the likelihood of Virginia finally legalising casino gaming. It is reported that the Pamunkey Indian tribe has plans to open a $700m casino resort on its reservation land in Norfolk in what would represent the first such premises in the state. Current legislature does not allow for casino gambling but having been granted special...

BiG Africa Supershow 2019 – Only 2 Months to go

BiG Africa Supershow, eventus, kenya, gambling
According to ventures Africa, the combined size of the gambling industry in Kenya, Nigeria, and South Africa was projected to be worth a staggering $37 billion in 2018. One of the great things about the African market is that it’s mostly African companies who have the majority market share, showing a clear link that, African punters are more likely to...

Arkansas rolls dice on casinos

Arkansas, casino
The old adage goes that you should never chase your losses but this has seemingly not been heard much in Arkansas where the public have finally voted to allow casino gaming, albeit at the sixth time of asking. Issue four, a constitutional amendment that authorises up to four casino properties within the borders of the colloquially known “Land of Opportunity”...

Temporary respite in trade tensions improves concession renewal prospects for US operators

Macau, trade, gambling, US, operators
In light of the possibility of a reduction in the ongoing trade tensions between the US and China, analysts suggest that the odds of concession renewals for the autonomous territory's three US-based operators have improved. Analysts suggest that the prospect of a reduction in trade tensions between the US and China will ease market concerns surrounding Macau concession renewals for...

SPiCE 2019: Interview with Christina Thakor-Rankin

SPiCE, eventus, goa
Christina Thakor-Rankin has over 25 years’ experience in the betting, gaming and gambling industry. Starting out in the pre-dotcom era, she has a career spanning land, internet and mobile, cross all aspects of betting and gaming operations, holding senior roles with some of the world’s best-known brands (such as William Hill and Virgin) and responsible for managing multiple business disciplines,...

A year in the life of the British regulator: Rising costs, expanding reach and not everything is exactly what it

gambling-commission
While the British model is frequently lauded as the way forward for gaming regulation, the UK’s gaming industry takes a more critical view of its regulator, calling out its high-handed treatment of operators and failure to engage in a meaningful dialogue with the sector. In an article originally published in our sister title Coinslot, Ken Scott reads between the...

Kasino Curt pursues land-based market after Finnish police challenge

ICR WEBSITE FINLAND
Former Finnish online casino affiliate site Kasino Curt has been relaunched, with a new focus on land-based operations. The site, previously taken offline following a clarification request from Finnish police, will continue to target a solely Swedish demographic. “They suspected that Kasino Curt is marketing online casinos to Finns and Swedes,” said founder Sami Helenius. “After reading their message I immediately understood...

Century Casinos secures eight casino licence in Poland

ICR 190 BUSINESS CENTURYCASINOSPOLAND
Century Casinos has further expanded its presence in the Polish gaming market, with the company’s subsidiary Casinos Poland recently receiving its eighth casino licence in the country. US-based casino operator, Century Casinos, has expanded its footprint in the Polish gambling market, securing an additional casino licence in the country. In a filling to the Nasdaq Capital Market, Century stated that the...

Uganda ups ante on player registration

Uganda
Those keen to wager in Uganda will have to be registered with a central regulation service by the year end, according to the national gambling board. In a move designed to help protect consumers and in turn stamp out unregulated gaming operations the National Gambling Board Uganda (NGBU) is developing a central monitoring system (CMS) that will track player activity...

Tourism chief pours cold water on Dubai casino rumours

Dubai, bluewater
Following the notable entrance of longstanding casino operators into one of the most largest resort destinations in the world, a local tourism chief has calmed talk that Dubai could yet turn into a gaming hotspot. Both of the Las Vegas-based groups MGM Resort International and Caesars Entertainment have made recent announcements regarding entrance of the regional market with hotel properties...

Betsoft Gaming extends its international reach with Romanian License

Signing agreement
Betsoft Gaming has been awarded a Class II License by the Romanian National Gambling Office the latest in a series of strategic European expansions. Building on its investment in independent certification across regulated markets such as Denmark and Italy, the firm will now begin to reach Romanian players through existing partners. This is in addition to exploring relationships with new...

Namibia tables plans for national gambling board

Namibia
Namibian tourist minister Pohamba Shifeta has proposed forming a state-owned Gambling Board, in order to curb illegal gambling in the country. The National Assembly proposal, which would establish eight board members and a chief executive in monitoring roles, aims to reduce the country’s estimated 20,000 illegal slot machines. “This piece of legislation will not only ensure strict regulation of gambling activities,”...

FIFA ‘packs’ not gambling says EA boss

Football betting
Electronic Sports’ popular gaming franchise, FIFA, has not only caught the attention of tens of millions of gamers, but after giving gamers control over a virtual version of their favourite club, it has captured the attention of the Belgium and Netherlands national governments. Both governments are now claiming the new game modes are “akin to gambling”. FIFA Ultimate Team (FUT) allows...

Gambling Business Group urges DCMS to act on gaming regulation

Peter Hannibal
Peter Hannibal, chief executive of the cross sector strategic body, the Gambling Business Group, has called on the government to create a new organisation dedicated to the regulation of time loot boxes and skins, the in-video game cosmetics which change the appearance of weapons or characters. Frequently utilised as virtual currency for betting, skins are then cashed-in for real money...

Black Cloud O’er Me: Italian coalition talks cast a shadow over gaming sector

Italy politics parade
Warwick Bartlett Beppe Grillo wants to crackdown on the Mafia. Making gambling more expensive will make the illegal offer supplied by the Mafia more competitive. So their policy on gambling has not been thought through... Italy’s hung parliament could spell trouble for the country’s  thriving gambling market, as the least likely of all alliances now looks to form a government. The...

Hainan poised to jumpstart casino industry on Xi’s approval

Hainan
China’s Southernmost province of Hainan could be the next recipient of gambling approval from Beijing, if continued policy developments come to fruition. Ahead of a visit by president Xi Jinping to speak at the island’s Boao Forum, Hainan’s chief investors have warned China is losing out on gaming revenue. “We need to take the issue seriously,” said Zeng Xianyun, chairman of...

Melco open Osaka HQ in significant step toward Japanese IR

Osaka Japan
Melco Resorts & Entertainment has opened an office in Osaka in a bid to capitalise on the fledgling Japanese gambling market. The new facility, first mooted in October, is located close to the proposed Osaka Harbour site of the $7.35bn man-made island Yumashima, hailed as the potential home for the city’s gambling industry by 2024. “We will make the necessary investments,”...

Neil McArthur appointed chief executive of Gambling Commission

Neil McArthur
Neil McArthur has been appointed as Chief Executive of the Gambling Commission with immediate effect. He had been acting as Interim CEO since Sarah Harrison MBE left the organisation at the end of February. Peter Hannibal, Chief Executive of the cross sector industry body, the Gambling Business Group, said: ”The Gambling Business Group welcomes the news that Neil McArthur’s appointment...

Brazil’s National Congress nixes key gambling legislation

Gambling
Plans to legalise land-based casino gambling have come unstuck in the Chamber of Deputies, while the Senate’s Committee on Constitution, Justice and Citizenship made an unexpected u-turn on its gaming bill. The prospect of the legalisation of gambling in Brazil is looking increasingly less likely as key legalisation has met with major setbacks in both chambers of the country’s National...

Full House Resorts up on Cripple Creek

resorts
Las Vegas-based Full House Resorts, which operates five casinos in Nevada, Mississippi, Indiana, and Colorado, chalked up a disheartening Q4, reporting a $3.7m net loss which the company attributed to the impact of adverse weather conditions. Following a disappointing Q4, a weather-worn Full House Resorts is aiming to reduce costs in 2018, as the company rolls the dice on plans...

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