After the economic crisis in Greece left the country on the verge of bankruptcy, the government started to seek for ways to heal the wound and stabilize its economy. Although many people think that the gambling industry has a negative effect on the society, it is actually a key contributor […]
On Monday last week, Trinidad and Tobago’s government announced its new budget plan for the next fiscal year. It became clear that the officials consider doubling the gambling taxes. The bold move is part of the country’s approach to boost its threadbare economy. This is a big jump, which resulted […]
Voters in Massachusetts will soon elect 1 member to the U.S. Senate. Aiming to up their chances to win a seat, Senate candidates placed the legalization of online lottery across Massachusetts on the table for discussion. According to Lowell Sun, 4 out of 5 candidates backed up the proposal. The […]
Trinidad and Tobago seems to be unwilling to cut back the proposed increase of the tax rates, which are to be imposed on the gambling industry. In an interview after a post-budget conference, Planning Minister Camille Robinson-Regis stated that the tax measures are adequate and the government will not change […]
Trinidad and Tobago’s new tax-heavy plan affected the gaming industry after six of the country’s casinos decided to suspend operations and all the casino workers lost their jobs. This Monday, Trinidad and Tobago’s Finance MinisterColm Imbert introduced the new budget plan for the next fiscal year. According to it, the […]
Online lottery betting operator Lottoland came under the spotlight after the Australian politicians decided to launch a crackdown on the offshore casino operators, which target local players. Lottoland has been accused of damaging the locally-run lotteries’ profitability. At present, 3 Australian states want to banish Lottoland, including Victoria, Western Australia, […]
In June this year, Nevada-based tavern and gambling operator Golden Entertainment officially announced that it is to acquire American Casino & Entertainment Properties LLC (ACEP) as part of its strategy for further growth expansion. Shortly after the announcement came, the company announced that it has entered into definitive agreement to […]
Gambling giant Las Vegas Sands announced that the operator considers entering the recently-regulated Japanese casino market. Earlier this year, Chairman Sheldon Adelson stated that the company is ready to invest as much as $10-billion in the future casino venture. The Japanese fresh casino market has opened a great potential for […]
Vancouver’s long-awaited Parq casino finally opened its doors on 29th September with a grandiose ceremonial roll of the dice on the casino floor. Parq Vancouver urban casino resort is located not far from BC Place Stadium in downtown Vancouver, where the casino celebrated its opening. The event coincided with 2 […]
The Chinese investment holding company Landing International, known to be the owner of Jeju Shinhwa World integrated casino resort in South Korea currently under construction, announced its fears triggered by the political conflict between South Korea and the People’s Republic of China. Only a month before the debut of its […]
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