Bulgaria welcomes new casino-style arcade

Posted on 31 Jul 2009 at 10:07 by Gavin Smith
Bulgaria has welcomed a new entertainment centre run by the partnership of Merkur Casino and Casino Technology.Palms Merkur Casino has opened in Plovdiv and has 48 gaming positions including electronic roulette.Inter Game Online says Plovdiv has 376,...

Study warns of gambling among British children

Posted on 31 Jul 2009 at 10:07 by Chloe Flint
Around a fifth of British schoolchildren are gambling illegally, according to a study.The Daily Mail reports research co-compiled by the University of Salford's Centre for the Study of Gambling looked at almost 9,000 children from 2008 to 2009.The st...

Genting may take on American casino giants

Posted on 31 Jul 2009 at 10:07 by Bev Freeman
Malaysian gaming company Genting could be getting ready to take on some of the big American casino names as it looks to expand around the world.The Star Online says Asia's biggest operator of casinos is looking to grow when its American rivals are st...

Gaming group could be broken up, report claims

Posted on 28 Jul 2009 at 08:07 by Bev Freeman
The gaming group of Gala Coral could be dismantled and have its parts sold in order to generate cash for the private equity-owned business, it has been reported.The Observer said that the plan appeared in documents drawn up by its main lender, the Ro...

Casinos in Macau await the end of the "correction"

Posted on 28 Jul 2009 at 08:07 by Sarah Banks
Just a period of correction for a genuinely worrying wobble? This is the question facing the Chinese gambling hub of Macau, which is now seeing some of its bigger international investors voice intent to restart building projects which they promptly d...

New leader confirmed for gambling enclave of Macau

Posted on 28 Jul 2009 at 08:07 by Gavin Smith
The gambling enclave of Macau ushered in a new era on Sunday as Fernando Chui was installed as is next chief executive.He was the only candidate left in the race to become the leader of the ex Portuguese colony, but still needed a 300-member election...

Expert examines online gambling firm's bingo drive

Posted on 27 Jul 2009 at 10:07 by Sarah Banks
The high-profile purchase of Cashcade by PartyGaming is "strategically interesting" for the web gambling specialist, one expert has said.PartyGaming has splashed an initial £71.9 million, with a further performance fee of £24 million in the pipeline,...

New leader of Macau faces up to growing challenges

Posted on 27 Jul 2009 at 10:07 by Bev Freeman
The imminent arrival of Macau's new leader is due to come at an "uncertain time" in the history of the gambling enclave, according to commentators.Fernando Chui is now the only candidate in the process to select the new head of the former Portuguese ...

Gambling organisation warns against French betting change

Posted on 27 Jul 2009 at 10:07 by Gavin Smith
A continental gambling association has warned French government plans to force operators to pay fees to sporting federations for the right to offer betting on their events could cause industry unrest.E Gaming Review reports the European Gaming and Be...

Firm expands mobile casino service

Posted on 27 Jul 2009 at 10:07 by Chloe Flint
A mobile casino firm has expanded its services to iPhone users as it predicts a surge in popularity for gaming on the go.Crazy Vegas Mobile said it was now running a service for users of the Apple gadget, and also revealed it is making the move in re...

PartyGaming to use Cashcade for ambitious bingo plan

Posted on 27 Jul 2009 at 09:07 by Sarah Banks
PartyGaming has said it hopes to use its purchase of Cashcade as a "platform" to make a push in the global internet bingo sector.The online gaming specialist has sealed a deal worth as much as £95.9 million for the firm, with £24 million depending on...

Online casino pays out £750,000 in 30 days

Posted on 27 Jul 2009 at 09:07 by Gavin Smith
Punters on a betting site have scooped around a quarter of a million pounds in just a month while playing progressive jackpot games, executives have said.Online casino news said WilliamHill.com reported £750,000 has been won in 30 days via online cas...

Vast new casino resort planned for Taiwan

Posted on 27 Jul 2009 at 09:07 by Bev Freeman
A gigantic £910 million casino resort could appear in Taiwan if it gets through a local gambling referendum.The Penghu County government has outlined plans for the development on an archipelago, Reuters reports.The scheme will include shops, hotels, ...

Wynn could be first casino firm to list in Hong Kong

Posted on 22 Jul 2009 at 09:07 by Gavin Smith
Casino firm Wynn Resorts now looks odds-on to become the first international casino company to list in Hong Kong as investors once again warm to Macau.The Financial Times said the Vegas-based firm is set to float at least a 25 per cent interest in it...

Malaysian casino and leisure resort treats children to dream day

Posted on 22 Jul 2009 at 09:07 by Gavin Smith
A casino resort firm invited underprivileged children to a special cinema viewing as it continues a community relations drive.Genting's City of Entertainment treated the children to a showing of Transformers: Revenge Of The Fallen at the Cineplex at ...

Law paves way for Spanish casino development

Posted on 23 Jul 2009 at 13:07 by Gavin Smith
A thumbs-up has been given to Europe's biggest entertainment and leisure development after a law giving it permission was passed in the Spanish region of Aragon.BBC Worldwide reports the Gran Scala scheme can now go ahead and will feature dozens of c...

Casino firm seeks cash to re-start developments

Posted on 22 Jul 2009 at 09:07 by Gavin Smith
Casino giant Las Vegas Sands could file with officials in Hong Kong as soon as August for an initial public offering of shares in its Macau venues, according to reports.Business Day said the Las Vegas-based company may also look to seek amendments to...

Scotland to get interactive TV casino

Posted on 23 Jul 2009 at 13:07 by Gavin Smith
Scotland is to get its first ever night interactive TV casino thanks to a deal signed between British gaming company NetPlay TV and broadcast firm STV group.Reuters reports NetPlay TV has said the casino would appear live on STV overnight Thursday to...

Macau's gambling revenue falls

Posted on 21 Jul 2009 at 11:07 by Gavin Smith
The world's biggest gaming market could record its first ever year-on-year decline since it opened up internationally, according to reports.The Financial Times said the enclave of Macau, a Chinese special administrative region, has reported a 12.4 pe...

UK holds new offshore-online advert bids

Posted on 23 Jul 2009 at 11:07 by Gavin Smith
The UK government has put a hold on new applications for offshore online firms to start advertising in Britain while it finishes its review of the Gambling Act.Recent Poker reports it is believed the hold was instigated because of complaints from UK ...

Tough times for gambling destinations, expert warns

Posted on 22 Jul 2009 at 09:07 by Gavin Smith
The good times are over for traditional gambling destinations, one expert has warned.CNBC reported one Wedbush analyst said the likes of Las Vegas and its mega casino hotels could be feeling the pinch for years.Both Vegas and Macao, China, have felt ...

Lottery UK launches casino services

Posted on 23 Jul 2009 at 10:07 by Gavin Smith
The UK's Lottery.co.uk has said it will offer a whole range of new online games including cash jackpots worth over £1 million.Swiss Press reports the new games have been developed by software firm Crytologic and feature graphics, animations and sound...

EU governments close the doors on their gambling markets

Posted on 22 Jul 2009 at 09:07 by Gavin Smith
As the market has evolved, internet gaming has found there are many twists and turns to the top. The latest chapter in the industry's story comes in the shape of a spat brewing between a number of European countries, internet gaming operators, and la...

Betfair lays ground for US web casino u-turn

Posted on 21 Jul 2009 at 11:07 by Gavin Smith
Online betting specialist Betfair is looking to build a name for itself in the US while similar firms steer clear of America, according to reports.Online Casino Sphere said while some gambling operators stay away from the US as the country debates al...

Resort faces $0.5 million fine over club

Posted on 23 Jul 2009 at 09:07 by Gavin Smith
Planet Hollywood Resort and Casino has said it will pay a $0.5 million dollar fine to gambling enforcement in Nevada over slack policing of unlawful activity at an independently-run nightclub at the resort.The Associated Press (AP) reported that Plan...

888 to unveil 3D online casino design

Posted on 23 Jul 2009 at 09:07 by Gavin Smith
Online gaming brand 888 holdings had revealed it is looking to redesign its internet casino in 3D.City AM reports the company is looking to improve customer numbers during ongoing consumer spending slowdown.The company is expected to take the wraps o...

Analysts: online gaming to be legal in US once more

Posted on 13 Jul 2009 at 10:07 by Gavin Smith
Internet gaming will soon be made legal again in America, experts have predicted.Online Casino Reports said the investment bank Goldman Sachs made the forecast in a note to investors last week.The motivation behind the u-turn is expected to be tax in...

Casino giant looking to raise up to $4 billion

Posted on 13 Jul 2009 at 09:07 by Gavin Smith
The world's biggest casino company is looking to drum up $3 billion to $4 billion dollars in funding and is even considering an IPO of some of its assets, it has emerged.Reuters reports Las Vegas Sands is looking at several options including an IPO o...

PartyGaming hails casino games as revenue rises

Posted on 13 Jul 2009 at 09:07 by Gavin Smith
Online gaming specialist PartyGaming has seen its casino revenues increase even though players have been easing off due to the arrival of summer weather.The Press Association reports the company said the increase was down to a higher number of games ...

Private investors warm to online gaming firms

Posted on 13 Jul 2009 at 09:07 by Gavin Smith
Online gaming is becoming more attractive to private investors as the sector's legislative troubles show signs of easing.E Gaming Review took a close look at the changing reputation of online gambling among private equity players.According to the pub...

Rank battles to revive the UK bingo-casino brand

Posted on 13 Jul 2009 at 08:07 by Gavin Smith
The bingo hall, a once-great British institution, has recently been facing the prospect that its number might finally be up.Over the last three years the bingo and the casino industry has had to face a multi-pronged assault. The recession has been ti...

Melco’s Macau casino draws $1.94bln bets in first month

Posted on 06 Jul 2009 at 15:07 by Gavin Smith
Reuters have reported that gambling institute Melco Crown Entertainment Ltd (MPEL.O) has not enjoyed the start to life that it had hoped.Melco has drawn $1.94billion in their first month of operation, and have welcomed 1.2million players through the ...

Goldman Sachs predicts online gaming in US

Posted on 06 Jul 2009 at 14:07 by Gavin Smith
US financial institution Goldman Sachs have informed their customers that they should anticipate online gaming to be regulated, and fully legal in America in the non-too-distant future.According to Inter Gamer Online, the company’s business analysts ...

PayPal Accepts Online Casino

Posted on 07 Jul 2009 at 09:07 by Gavin Smith
Online Casino News reported earlier this week that internet payment server PayPal Uk have finally revoked their seven-year objection to taking payments for gambling business after agreeing to allow gamers to take advantage of their services for onlin...

US Set to make online casino and poker legal

Posted on 02 Jul 2009 at 09:07 by Bev Freeman
The United States are set to make online gambling legal, in order to build a united online casino and poker setup in America that will be worth around $12billion, Goldman Sachs predicted in the E Gaming Review.In a note to investors on Monday, the Ne...

The Ukraine to follow Russia with ban on gambling

Posted on 02 Jul 2009 at 09:07 by Gavin Smith
The Ukraine government has followed in the footsteps of neighbour Russia with a temporary ban on gambling establishments throughout the country.The Financial Times reported last week that the controversial move had come into effect last Thursday, wit...

The Kremlin orders mass gambling industry layoff

Posted on 02 Jul 2009 at 09:07 by Gavin Smith
AS many as 400,000 workers in Russia’s gambling industry will lose their jobs this week in a mass layoff ordered by the Kremlin itself. The New York Times reported on Sunday that under the anti-vice plan that is the brainchild of Prime Minister Vlad...

Gambling revenue down again for US casino haven

Posted on 13 Jul 2009 at 16:07 by Gavin Smith
Gambling revenue in one of America's traditional gaming hotspots went down significantly in June, according to reports.Casino Gambling Web said casino owners in Atlantic City were scratching their heads again after revenue dipped 13.6 per cent compar...

Vegas casino faces lawsuit from dealers

Posted on 14 Jul 2009 at 08:07 by Gavin Smith
Wynn Las Vegas, one of the biggest names in the Nevada city's gaming world, is facing a lawsuit from three dealers who said its tips sharing scheme goes against federal work laws.Associated Press reported that the suits, filed in a district court on ...

Doubt cast over big EU casino resorts

Posted on 23 Jul 2009 at 09:07 by Gavin Smith
The idea of using European casino resorts to attract tourists from across the continent has been questioned by a leading casino industry figure.Inter Game Online reports IGT Europe's Paulus Karskens cast doubt over the prospect of large numbers of pe...

US Set to make online casino and poker legal

Posted on 02 Jul 2009 at 09:07 by Bev Freeman
The United States are set to make online gambling legal, in order to build a united online casino and poker setup in America that will be worth around $12billion, Goldman Sachs predicted in the E Gaming Review.In a note to investors on Monday, the Ne...