AUSTRALIA - Charles Livingstone gives an excellent and comprehensive round-up of the current state-of-play in Australia as the govenrment tries to radically reform their gambling laws against a vigorous industry campaign. ABC News. Sentator Nick Xenaphon speaks about leaked Clubs Australia report in a radio interview. The apparently unintended release of estimates from the industry suggests that [...]
Posts Tagged ‘gambling industry’
Xenaphon jumps on industry leak…. plus more on “pokiegate”
Monday, October 10th, 2011Lawmakers escape into gambling fantasyland
Sunday, October 9th, 2011US - A Tallahassee court cleared the way Thursday for legislators to expand gambling in South Florida without a referendum vote Miami Herald. Florida is on the cusp of becoming the Disney World of gambling. Uh, make that gaming — sounds a little more Disney-like. Daytona Beach News Journal.
Poker Inc. to Uncle Sam: Shut Up and Deal
Sunday, October 9th, 2011US - Jesus Ferguson and Howard Lederer (“the Professor”) did not invent online poker. They just took it to new heights — and, according to the authorities, new depths — as their company, Full Tilt Poker, became a gambling palace of the Web. Long piece gving a good overview in the New York Times
MEPs say stronger cooperation needed on online gambling
Sunday, October 9th, 2011EUROPE – EU Member States should be free to maintain their own rules on online gambling, but should also step up EU-wide cooperation to counter the black market and protect children and vulnerable consumers, say Internal Market Committee MEPs in a resolution that has just been adopted. European Parliament. Meanwhile, Online gambling controls tightened by [...]
AC casino workers fear falling from middle class
Sunday, October 9th, 2011US - Since coming to this country from the Dominican Republic, Marcos Vidal has scratched and clawed his way up to a lower-middle class existence, a status to which he is tenuously clinging. He has not had a raise in seven years at his housekeeping job at Resorts Casino Hotel. And in December, when the [...]
Online operators ask EU to probe Greek gaming law
Wednesday, October 5th, 2011EUROPE – The world’s largest online gambling operators asked the European Union on Tuesday to investigate a new Greek gaming law, saying it violates the bloc’s free market rules to the benefit of the country’s sports betting monopoly OPAP. Reuters.
Slotmaker IGT licensing Sony content
Wednesday, October 5th, 2011US – Slot machine maker International Game Technology is getting first dibs through a new licensing deal on developing new gambling titles based on movies and television shows owned by Sony Pictures Entertainment. Associated Press.
Pachinko Maker Targets $2 Billion Sales From Casino Project
Wednesday, October 5th, 2011ASIA – Universal Entertainment Corp., the Japanese pachinko company that is a part owner of Wynn Resorts Ltd., is targeting 150 billion yen ($2 billion) in revenue for its Manila casino project in 2014, the first year of operation. Business Week.
Macau Gambling Revenue Rises 39% but stocks plunge on credit crunch fear
Wednesday, October 5th, 2011ASIA - Macau gambling revenue rose 39% last month from a year earlier as high rollers from mainland China continued to fuel growth. Wall St Journal. Although Macau casino stocks plunged Monday on fears tighter credit in China will curtail the flow of wealthy high-rolling gamblers that have powered the city’s gambling boom. Associated Press.
Ireland-based gambling company take steps to be licensed in Nevada
Sunday, October 2nd, 2011US - An Irish gambling company could become the first European online gaming operator licensed in Nevada. Paddy Power, which has Internet gambling websites in Europe and Australia, is seeking approval from Nevada gaming regulators for a license as a manufacturer and operator of mobile gaming devices. Las Vegas Review Journal.
