Research identifies four types of gambler
Posted on 25 Jun 2009 at 23:06 by Gavin Smith
Everyone who likes a flutter can be categorised into four types of betting punter, according to new research.The Racing Post reports the National Centre for Social Research also noted the terms 'non-problem' and 'problem' were no longer adequate.Exp...
Genting Singapore says casino opening is on track
Posted on 25 Jun 2009 at 23:06 by Gavin Smith
A vast new casino resort is on track to open in Singapore early next year, executives have said.Genting Singapore said the $4.5 billion scheme was on course and about 60 per cent of it would be ready for a soft opening in 2010, according to Bloomberg...
Ryanair to introduce online gaming in-flight
Posted on 25 Jun 2009 at 23:06 by Gavin Smith
Budget airline Ryanair is set to gamble on online gaming in the skies in an effort to improve the entertainment experience for passengers.Online Casino Advisory reports the airline announced en-route passenger gaming as part of a broader range of mea...
MGM shares up after end of "going concern" doubt
Posted on 25 Jun 2009 at 23:06 by Gavin Smith
Bosses at casino giant MGM Mirage have delivered reassuring words for the firm's future, saying there was no longer significant doubt about its chances of continuing as a "going concern".Following the regulatory filing, Reuters reported shares in the...
Pressure already on for incoming Macau chief
Posted on 25 Jun 2009 at 23:06 by Gavin Smith
Pressure is already mounting on Macau's leader-in-waiting as the gaming enclave looks to chart a path through the global financial crisis.Former minister Fernando Chui is now the only candidate to become Macau's next chief executive after cementing s...
Chasing the casino cheats
Posted on 24 Jun 2009 at 09:06 by Gavin Smith
With a boom in interest in the UK for casino games and poker over the last decade, there has also been unwanted extra interest from scamsters out to cheat their way to a fortune.Two men recently became the first to be sent to prison in the UK for che...
Chinese stimulus cash 'may be boosting Macau'
Posted on 24 Jun 2009 at 09:06 by Gavin Smith
Some of the cash poured into the Chinese economy by the authorities in an attempt to fight off the global downturn could be ending up in Macao's casinos, according to reports.The Times says observers at the former Portuguese colony have noted a link ...
Chui to become Macao chief
Posted on 19 Jun 2009 at 10:06 by Gavin Smith
Fernando Chui will automatically become the next chief executive of Macao, the smaller of China’s two special administrative regions after Hong Kong, having secured 95 per cent support from the members of a pro-Beijing “election committee”.Mr Chui, M...
BYLINE: Ray Poirier
Posted on 19 Jun 2009 at 10:06 by Gavin Smith
Now that Genting Gaming Group of Malaysia has made a major investment in MGM MIRAGE Inc. (MGM), speculation has arisen that the two companies may bond further into some form of partnership.MGM CEO Jim Murren has been quoted as saying, "We’re just sta...
Genting tipped for MGM Mirage alliance
Posted on 19 Jun 2009 at 10:06 by Gavin Smith
LAS VEGAS - Casino operator MGM Mirage and the Malaysian gaming group Genting are talking about joining forces.An MGM source confirmed for GlobeSt.com that Genting recently invested US$200 million in MGM stock and is in discussions "to consider possi...
Online bingo and Darling's Budget threaten Gala jobs
Posted on 19 Jun 2009 at 10:06 by Gavin Smith
HUNDREDS of jobs are believed to be under threat as Gala Coral prepares to close unprofitable bingo clubs.The privately held company is reportedly preparing to hold meetings with staff about its plans to close at least six of its 156 clubs.This could...
Malaysia's Resorts sees no hindrance to Macau investment
Posted on 19 Jun 2009 at 10:06 by Gavin Smith
Officials at Malaysia's gaming firm Resorts World Bhd told shareholders on Tuesday it does not see any obstacles in investing in the Chinese gambling enclave of Macau, but has made no decision about the move."If the opportunity arises in Macau, there...
European Commission Publishes Report On US Internet Gambling Laws
Posted on 19 Jun 2009 at 13:06 by Gavin Smith
The European Commission has published its report on US remote gambling laws and their enforcement against EU companies. The report is the outcome of an investigation into United States measures affecting foreign suppliers of internet gambling service...
Eyes down as Gala Coral mulls bingo hall closures
Posted on 19 Jun 2009 at 10:06 by Gavin Smith
Britain's biggest bingo club operator has decided that the numbers no longer add up for several of its least profitable clubs, after a tax increase that could spell closure for at least another 100 bingo halls across the industry. It is understood th...
Punters move from the bingo halls to internet
Posted on 19 Jun 2009 at 11:06 by Gavin Smith
While traditional bingo halls are struggling to survive, online bingo has become the fastest-growing form of internet gambling. Its attractions are such that the auction of Cashcade, owner of the popular Foxy Bingo and Getminted casino web brands, ha...
US anti-online gaming actions 'inconsistent' with WTO rules
Posted on 15 Jun 2009 at 15:06 by Bev Freeman
The European Commission has released its findings on America's remote gambling laws and the action the US has taken against EU-based companies.Low Tax Net said the report followed an investigation into American tactics and how they are impacting on i...
MGM and Genting 'discuss partnerships'
Posted on 15 Jun 2009 at 15:06 by Bev Freeman
American casino giant MGM mirage is looking at a number of different industry partnerships with Malaysian company Genting, according to reports.Bloomberg said the Wall Street Journal highlighted the development, mentioning MGM chief executive officer...
US officials turn up heat on online poker
Posted on 15 Jun 2009 at 15:06 by Bev Freeman
Officials America are to step up moves against online poker gaming in America and are even freezing user accounts.The Department of Justice has previously been concentrating on sports betting as part of its drive to combat online gaming, but seems to...
Construction halted at glitzy new Las Vegas casino development
Posted on 15 Jun 2009 at 15:06 by Bev Freeman
Tools have been downed at an ambitious new Las Vegas casino project after a high profile bust up between the casino's developer and its lenders.The Guardian reports work has stopped at the construction site of Fontainebleau after the developer declar...
'Bemusement' and 'dismay' after UK gaming tax hikes
Posted on 15 Jun 2009 at 15:06 by Bev Freeman
Casino operators and bingo companies have been left "bemused" following the UK government's decision to up tax on the sector to raise millions of pounds in extra revenue.Casino Enterprise Management to a close look at the issue after the changes were...
Gaming firms volunteer cash towards addiction research
Posted on 12 Jun 2009 at 13:06 by Gavin Smith
The UK government has suspended talk of a statutory levy to fund research into problem gambling after gaming firms agreed to pay £15 million over the next three years towards battling addiction.The Financial Times reported earlier this week that talk...
US gaming firms could sell float assets in Macau
Posted on 12 Jun 2009 at 11:06 by Andy Banks
Some of the biggest names in gambling in America could be looking to sell assets in a Chinese gambling enclave in order to get over a slump in business in Las Vegas.Reuters reports some casino operators in the US facing big debts are looking for the ...
UK fruit machine market under the spotlight
Posted on 11 Jun 2009 at 08:06 by Gavin Smith
Just about all of us have tried our hands at one form of casino game or another, from home versions of blackjack via 'pontoon' to a few hands of a form of poker with friends.One very common form of gaming appears to be doing really quite well during ...
Watchdog bans poker ads for linking gaming to sexual success
Posted on 12 Jun 2009 at 13:06 by Gavin Smith
A magazine advertising campaign for an online poker company has been banned by officials who agreed it linked gambling to sexual success.The Guardian reports the ad for Swank Poker appeared in adult publication Flush promising "hot action" to online ...
EU quizzes France over new online gaming law
Posted on 12 Jun 2009 at 13:06 by Gavin Smith
European officials have asked France to alter and clarify parts of its new law for opening online gaming to competition.The European Commission asked the country to include a point saying that authorities, when approving gaming firms, take into accou...
New casino in Macau sparks renewed optimism
Posted on 11 Jun 2009 at 13:06 by Gavin Smith
The gaming market in one of the world's most up-and-coming international gambling destinations looks ready for a new period of optimism, according to reports.The Chinese territory of Macau has had a tough time of it over the last 12 months, with some...
Ukraine re-thinks ban on Casinos
Posted on 11 Jun 2009 at 14:06 by Gavin Smith
Ukraine is to alter a law recently rushed in to close down casinos following a fire which destroyed a gambling hall and led to the deaths of 10 people.Reuters reports the veto was approved by the country's president, Viktor Yushchenko, last Friday fo...
US casino giant to fight ruling against its Macau casino partner
Posted on 04 Jun 2009 at 12:06 by Gavin Smith
American casino and gaming firm MGM Mirage has said it will challenge regulators who said its partner in a Chinese casino project was "unsuitable".The Associated Press reports executives at the company will oppose the report which said it should cut ...
World's biggest casino operator eyes Asian ventures
Posted on 03 Jun 2009 at 09:06 by Gavin Smith
The world's biggest operator of casinos looks ready to expand into the Asian market, according to reports.Harrah's Entertainment could develop growth in Taiwan and Japan, according to a report from the Guardian/Reuters.So far the company has not made...
Bosses want to double Macau share after new casino opening
Posted on 03 Jun 2009 at 09:06 by Gavin Smith
A casino operator has opened a $2.1 billion new venue in Macau and has declared an intention to double the firm's market share within 12 months.Reuters reports executives at Melco Crown Entertainment Ltd are optimistic the gambling hub will see stead...
Slight increase in UK remote gaming
Posted on 03 Jun 2009 at 09:06 by Gavin Smith
The number of British adult gamers having a flutter using remote channels has increased slightly over the last 12 months, new figures suggest.Figures from the Gambling Commission show that to March this year, 9.9 per cent of 8,000 surveyed adults sai...
Michael Jackson 'could open Thriller-themed casino'
Posted on 03 Jun 2009 at 09:06 by Gavin Smith
'King of pop' Michael Jackson is planning to open a Thriller-themed casino in Las Vegas next year, according to reports.Music-news.com said the 50-year old will launch a "zombie-themed" venue, and is also thought to be working on a new album, a numbe...
Talks to begin on Solihull casino plans
Posted on 02 Jun 2009 at 10:06 by Gavin Smith
Companies interested in running a brand new casino close to Birmingham will be meeting with council officials this week.The Solihull News says interested parties will be talking to the local authority after the area was earmarked as one of a number a...
Sale of shares in Malaysia-based casino firm raises £260 million
Posted on 02 Jun 2009 at 10:06 by Gavin Smith
Family trusts for a late Malaysian Chinese businessman have placed out their direct stake of shares in a resort and casino firm to raise S$615 million (£260 million).Malaysian Star online reports the trusts of the late Tan Sri Lim Goh Tong carried ou...
Malaysian casino firm sees big slump in profit
Posted on 01 Jun 2009 at 14:06 by Gavin Smith
A Malaysian hotel and casino company has registered a slump of more than 50 per cent in its first quarter net profit.Trading markets reported Genting Bhd recorded a 51.5 slide to RM213.12 million (US$60.7 million).According to Trading Markets, the sl...
