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Tag Archives: casino

Business is Booming for European Online Casinos

The online casino industry has been faced with difficult decisions,especially those catering to customers in the United States, since thepassing of the Unlawful Online Gambling Act. Although it has been a roughride for some, a report by the European Commission suggests that onlinegambling, online casino business is still booming in Europe despite thelosses by their […]

Online Casinos Target Spanish Market

A new study of the Spanish gambling market, undertaken by consulting firmMECN, has promoted Spain as a potential key region for future growth forboth the online and land based gambling industry. The report highlights thepotential for imminent growth over the coming years particularly within theretail betting sector and online gambling, as companies eagerly search fornew […]

Russia Poker & Gambling Bill approved by Duma

The Gambling Bill President Vladimir V. Putin proposed in October, withplans to set up four gambling zones in Russia, has been approved at itsfirst reading by the Duma last week by a vote of 440-0 and one abstention.The president had proposed the bill after the Interior Ministry launched anoperation to check the financial, tax and […]

Addiction scam funded gambling habit-Canada report

A top anti-addiction official in the western Canadian province of Albertaskimmed nearly half a million dollars from his employer to feed his owngambling habit, the province’s top auditor said on Friday. Auditor GeneralFred Dunn alleged in a report that Lloyd Carr, who ran the tobacco-reductionunit of the Alberta Alcohol and Drug Abuse Commission, used five […]

GROWING GERMAN MARKET THE TARGET FOR NEW ONLINE CASINO GAMBLING PORTAL

The German online gambling market is experiencing rapid growth, withpredictions that by the year 2010 German betting revenues will haveincreased by Euro 7.6 billion, additionally spurred by the imperative toreplace lost American business with European and Asian opportunities.Cashing in on this attractive business environment, Danish Internet companySunCore Innovation A/S has made a strategic move this […]

BRISK BUSINESS FOR UK GAMBLING COMMISSION

With operations due to commence in the third quarter of next year to givelife to Britain’s liberalised gambling reforms, the Gambling Commission hasclearly been kept busy checking out the initial batch of license applicants,reporting this week that 29 companies had been successful in clearing thefirst hurdles in a thorough and probing process. Casino operators now […]

False contracts financed gambling habit, Alta. auditor general finds

A former senior bureaucrat with Alberta’s anti-addictions agency created$634,000 in ”false contracts” to spend most of it on his own gambling,auditor general Fred Dunn reported Thursday. Lloyd Carr, the formerexecutive director of the Alberta Alcohol and Drug Abuse Commission’stobacco reduction unit, also kept his past criminal record from him bosses,and falsely claimed to have a […]

Gambling chief steps down after four years

Dan Gustafson, a former three-term state legislator from Haslett, has alwaysopposed casino gambling in Detroit. Yet for the past four years he hasserved in an unlikely position: executive director of the Michigan GamingControl Board, the watchdog state regulatory agency that oversees the $1.2billion casino industry in Detroit. Today, Gustafson is stepping down fromthat post to […]

Let’s make a bigger deal of gambling

EVERYBODY KNOWS we have a problem-gambling problem. And everybody’s got adifferent take on how to address it. As solutions go, mine is quite radical.First, bring all the parking meters in from the cold – to replace all theVLTs that have taken up residence indoors in our province, from taverns topool halls and casinos. Hey, people […]

S. Korea tightens crackdown on illegal gambling

South Korea reiterated its tough stance on the gaming industry Friday afteran audit agency held the government responsible for rampant illegal gamblingand referred a list of big names to the prosecution. Controversy over videoarcades has rocked the nation since August, leading President Roh Moo-hyunand Prime Minister Han Myeong-sook to offer apologies. The major oppositionGrand National […]

Gambling High Season Unofficially Begins On Thanksgiving Day

Gambling on football on Thanksgiving Day is almost as traditional as eatingturkey and yams. Thanksgiving Day sees more betting action on singular gamesthan any other day of the regular football season, and it also kicks off thegeneral happy and joyful mood that pushes the high season of gambling in theUnited States.Thanksgiving is also the day […]

GAMBLING CATEGORIES

The Seminole Tribe of Florida wants to upgrade to Las Vegas-style ”ClassIII” slot machines, like those now allowed at Broward parimutuels. Here’sthe difference between the tribe’s current Class II games and the moredesirable Class III. Class II games: bingo, poker and off-track betting, inwhich gamblers play against other players. Though the machines in theSeminole casino […]

Gambling History That Stretches from Egypt to Luxor

The world of gambling has come a long way since its early days. It isunnecessary to describe today’s gambling world, with land based casinoshosting the best entertainment and most luxurious hotels, and online casinosoffering an equally terrific, virtual form of entertainment. But that is alook at the present and future of gambling. A look back […]

Gambling Stocks Still Look Like Good Bet

Investors recently doubled down on gambling stocks despite a yearlongwinning streak, wagering that expansion will spur growth and bettors willkeep spending even as the economy softens. The Dow Jones U.S. Gambling Indexhas surged more than 35 percent since the start of the year, easilyoutpacing the broader market as represented by the Standard & Poor’s 500index, […]