Casino News
Online gambling ready to regain financial swing in its step
Posted on Fri Jan 29 11:21:00 GMT 2010 at Fri Jan 29 11:21:00 GMT 2010 by Carl Barnett
A Financial Times article appears to have finally brought news of positive signs for the world of online casino games.There is a tangible growth in the market, the article said this week, due to a range of green shoots which have emerged over the las...
New report scrutinises Denmark's gambling plans
Posted on Thu Jan 28 17:40:00 GMT 2010 at Thu Jan 28 17:40:00 GMT 2010 by Carl Barnett
A newly-released report has focused on the liberalisation of Denmark's gaming industry.The report has been created by the consulting company MECN, who had the report written alongside law firm Horten.Recently, the French government has been looking a...
Industry experts confident legalisation of online gambling is near
Posted on Wed Jan 27 10:56:00 GMT 2010 at Wed Jan 27 10:56:00 GMT 2010 by Carl Barnett
Findings from new research show that many in the US gambling industry believe online gambling will be legalised within the next 2 to 3 years. The annual G2E Future Watch survey was carried out at the Global Gaming Expo this week, and the results show...
Ireland in line for new casino investment
Posted on Mon Jan 25 15:23:00 GMT 2010 at Mon Jan 25 15:23:00 GMT 2010 by Carl Barnett
A major investment in the form of a casino development is planned for Ireland.A 'super casino' resort is planned for the town of Dundalk, with the complex featuring many tourist grabbing facilities, and the planning stage is already under way.Dundalk...
Fahrenkopf addresses online gambling
Posted on Sun Jan 24 11:21:00 GMT 2010 at Sun Jan 24 11:21:00 GMT 2010 by Carl Barnett
The President of an influential gaming body has issued a warning to those hopeful of a quick turn of fortunes for the industry.Frank Fahrenkopf Jr, who is the President of the American Gaming Association (AGA), was in attendance at the Global Gaming ...
Franks speaks on UGIEA delay
Posted on Fri Jan 22 12:45:00 GMT 2010 at Fri Jan 22 12:45:00 GMT 2010 by Carl Barnett
The recent decision made by the Federal Reserve and the US Treasury to stall the implementation of the ban on payments for online gambling has been praised by senator Barney Frank. The two government agencies have pushed back the requirement upon ban...
Newsweek says UIGEA to have no effect
Posted on Thu Jan 21 15:10:00 GMT 2010 at Thu Jan 21 15:10:00 GMT 2010 by Carl Barnett
US-based Magazine Newsweek has made a clear stance on the issue of whether or not online casinos will be here to stay, or vanish without trace.In Washington, debate is raging over the UIGEA bill, which will, ostensibly, make online gambling extinct.T...
Trump to face possible buyout
Posted on Wed Jan 20 15:02:00 GMT 2010 at Wed Jan 20 15:02:00 GMT 2010 by Carl Barnett
A Dallas based bank that once worked alongside Donald Trump in an effort to avoid bankruptcy now wants to buy casino properties off him.Beal Bank made an offer on Wednesday to transfer the $486 million loan it offered to the Trump casinos into equity...
Top five online casino games rated
Posted on Tue Jan 19 15:17:00 GMT 2010 at Tue Jan 19 15:17:00 GMT 2010 by Carl Barnett
Online Casino Reports, an online gambling website, has compiled a list of the top five online gambling games that are currently being played worldwide.The criteria the site used to gauge the ranking of all of the games that are currently being played...
Sands China to sell shares
Posted on Mon Jan 18 15:26:00 GMT 2010 at Mon Jan 18 15:26:00 GMT 2010 by Carl Barnett
Sands China Ltd, part of the casino group owned by Billionaire Sheldon Adelson, is to float part of its shares in a sale that could net it around $3.4 billion dollars.The sale of shares is to take place in Hong Kong, and represents nearly 24% of the ...
Internet gambling payment ban delayed
Posted on Sat Jan 16 15:07:00 GMT 2010 at Sat Jan 16 15:07:00 GMT 2010 by Carl Barnett
The long running saga regarding the American ban on gambling online is going to run a little longer, with the Federal Reserve and the US Treasury Department granting US financial institutions an extra six months to comply with legislation.The legisla...
Card counter to be challenged again by casino
Posted on Fri Jan 15 15:25:00 GMT 2010 at Fri Jan 15 15:25:00 GMT 2010 by Carl Barnett
A US casino is trying to overturn a ruling that could enable a card counter to gamble at its venue.The Grand Victoria Casino and Resort in Indiana has asked the state's top court to overturn a ruling by one of the lower courts that has allowed the co...
Wolf Mountain event attracts Schoenberg
Posted on Thu Jan 14 15:13:00 GMT 2010 at Thu Jan 14 15:13:00 GMT 2010 by Carl Barnett
One of the world’s biggest names in gambling has agreed to be part of a major charity tournament that will serve to raise awareness for a charity.Erica Schoenberg is a professional Blackjack and Poker player of some repute, and she has lent her name ...
Reid potentially warming
Posted on Tue Jan 12 15:22:00 GMT 2010 at Tue Jan 12 15:22:00 GMT 2010 by Carl Barnett
Reid potentially warming up to idea of regulated online gambling Harry Reid, the US Senate Majority Leader, may be backing online gambling regulation sooner than is expected.Many land-based casinos are finding it difficult to meet their financial req...
New York casino shelved
Posted on Thu Jan 28 15:06:00 GMT 2010 at Thu Jan 28 15:06:00 GMT 2010 by Carl Barnett
A new casino that was to be built near New York has been shelved.The casino was to be built at Monticello Gaming and Raceway.The casino, a project brought into being by a Native American tribe, has been closed due to 'concerns' raised by the tribe.Th...
Nevada casinos losing revenue
Posted on Sat Jan 09 15:23:00 GMT 2010 at Sat Jan 09 15:23:00 GMT 2010 by Carl Barnett
Nevada faces tough times ahead with its casino industry, which has seen a massive drop in revenue for the last 21 months.Over that period, revenue going into Nevada casinos dropped at an alarming rate.The Nevada Gaming Control Board released figures ...
Florida gambler wins slot jackpot of millions...nearly
Posted on Fri Jan 08 15:11:00 GMT 2010 at Fri Jan 08 15:11:00 GMT 2010 by Carl Barnett
A slot machine gambler recently had what he thought was the biggest win of his life, only to be denied by casino policy.Bill Seebeck was playing the slots one night in Florida when the apparently life-changing event unfolded.He saw the machine report...
Gambling boss jailed for online activities
Posted on Thu Jan 07 15:09:00 GMT 2010 at Thu Jan 07 15:09:00 GMT 2010 by Carl Barnett
The boss of an online gaming company has been jailed for four years as a result of an investigation by US authorities into online gambling operations.Gary Kaplan is the founder of BetOnSports, an online company that at one point had a customer base t...
Deadwood a model for other towns
Posted on Wed Jan 06 15:03:00 GMT 2010 at Wed Jan 06 15:03:00 GMT 2010 by Carl Barnett
A town in the US is being held up as a model of how casino development can benefit local economies.There has been a steady rise in the number of casinos being built in the United States in recent years as states have recognised the financial incentiv...
New Congressional Report Adds Fuel To Online Gambling Row
Posted on Mon Jan 04 15:00:00 GMT 2010 at Mon Jan 04 15:00:00 GMT 2010 by Carl Barnett
A Congressional report has come to the conclusion that legalising online gambling for American citizens could free up over $41 billion dollars in revenue.The joint committee on taxation published the report, which made it clear that this large amount...
Blackjack proving popular online
Posted on Mon Jan 04 11:14:00 GMT 2010 at Mon Jan 04 11:14:00 GMT 2010 by Carl Barnett
Growing evidence is emerging that online casinos are finding Blackjack is proving to be their most popular game when it comes to online gambling. Online casinos have reported steady growth in traffic to online Blackjack games, and this growth is cont...
