Ambitious plans are in the works for a remote location designated by the Russian government as a legalized gambling area. The main goal is to attract Asian punters from China to the resort complex in...
White Earth Nation and Big Lagoon Rancheria are the latest tribes to sign on to Tribal Gaming Network Atlantis Internet Group Corp. has two additional US tribes signed on to the Tribal Gaming Network (TGN), a private gaming network used to connect Indian Casinos...
After last Friday’s IPO launch at $42.05 a share, Facebook was back at down at $38.23 by afternoon trading Monday which has left investors disappointed. The amount of excitement surrounding the launch caused an initial trading price as high as $45 followed by a decline as the day went on...
According to local media reports, New Jersey Senator, Jim Whelan suggests that the state's casinos provide players with the same convenience of mobile "on premises" gambling as the Las Vegas casinos. On Monday a state Assembly committee brought up the bill pro...
Operator reopens the same location after a raid Malaysia is a difficult place to run an online gambling business with the anti-gambling regulations being strictly enforced. One operator’s office was raided and they proceeded to open up shop once again in the very same location. It had been a matter of weeks since being prosecuted when...
Statement from LGA brings no comfort to players There has finally been word handed down from the Maltese Lotteries and Gaming Authority (LGA) as they have shed some light on the issue with Purple Lounge. The LGA have released a short a...
With the recent acquisition of the online gaming content provider Jadestone Group AB, WMS Industries has plants to improve their B2B game server as well as their interactive content distribution. The acquisition is referred to as a "tuck-in" which will allow the Jadesto...
New management fails to communicate with players after one week After a week since the news that Purple Lounge Casino separated from parent Media Corp plc, players still await communication from the new management. Players need reassurance that their reportedly segregated funds are intact and a withdrawal will be possible at some point. The n...
Bwin anticipates paying a hefty €33 million in tax As one of Europe’s largest operators, Bwin.Party digital entertainment, has released a statement addressing their position on recen...
Lawmakers propose a bill to amend current gaming law Chile Senators Antonio Horvath and Ricardo Lagos earlier this month have proposed a regulation of online gambling referred to the Senate Finance Committee for review. The bill seeks to modify Chile's current gaming law in order to include specific conditions on the regulation of interactive...
Authorities prepare new responsible gambling fund The latest news from the Maltese Government involve its Finance Minister Tonio Fenech’s statement that a proposal for the setup of a responsible gambling fund which will be partly funded by gaming companies and scheduled for launch in 2013 is now in the pipeline. The proposal is apparent...
Irish group’s CEO promises: "We'll not be left behind." It appears Paddy Power plc’s expansion plans seriously target the US as the next online gambling top destination. Namely, reports have arrived this week that the company has set up an office in that countr...
SKAT in jurisdictional collaboration drive Since its formation, SKAT, the Danish gambling regulator has been very active in the domain of cooperation with other European regulatory regimes, so far inking MOUs with Malta, Gibraltar, Alderney, Jersey and the Isle of Man....
Federal politicians can't even agree what day it is, mocks Bronson This week at a big American conference on internet gambling legalization, numerous opinions could be heard in favor of the pastime, one of which was that individual states should pursue online gambling initiatives of their own, as “In a Congress that can’t agree on wh...
Gambling debts states as the likely reason This week a postman from Pozarevac, Serbia faced charges that on Aug. 26, 2011 he falsely claimed that he was attacked by two robbers on the road between Aleksandrovac and Vlaski Do, that they hit him in the face and stole from his postal bag RSD120,000 (around Euro 1,000) which were supposed to be dist...
Cryptologic shares’ sale still in the game An announcement came this week from Amaya Gaming, the new owner of Cryptologic, that it’s giving another extension to the bitter-end investors still holding the Cryptologic shares, to 30 May...
Public informed about acquisition abandonment, resignations, loan applications… and Purple Lounge, of course What’s new at Purple Lounge online casino parent company Media Corporation PLC? A lot! The company issued a number of announcements this week regarding different areas of its business. One was about the company's reverse t...
Internet Gaming Division within the state lottery the subject of new initiative A new measure has been introduced in the US state of Illinois by Senate President John Cullerton, striving to create an intrastate online gambling platform. Cullerton on the occasion wrote a letter to legislative leaders and Governor Pat Quinn, in which he said: "...
Possible reconsideration caused by concerns that high tax rate might put off internet gambling operators It has been indicated that Bulgaria's punitive online gambling tax regime may be in for a rethink on June 1st with the tax rate halved from the current amount. Following European practice and worrying that too high a tax rate would chase...
Illegal online gambling gets struck once again A new action has been conducted by Malaysian federal police against illegal online gambling, in which the specialized CyberSecurity and Multimedia Investigation Division of the Commercial Crimes Investigations Department has been tracking an unspecified number of online gambling sites offering a wid...
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