Gambling News

- September 16, 2015 By Oliver Young -

The New Jersey Division of Gaming Enforcement released the report of August 2015 Gaming Revenue Results that shows a fall of 5% in Atlantic City casino profits. The report is taking into account the profit of $272.3 million won in August, 2014, and the profit of August, 2015, of a bit lower $258.6. However, if […] Continue Reading

- September 15, 2015 By Samantha A. -

The Cherokee tribe outside in North Carolina has their sights set on bolstering their profit with another casino outside of Atlanta. While Georgia still works through litigation over casino’s being built in the area the surrounding areas are slowly accumulating the backing to finance their own resorts and casinos that will accommodate the potentially vast […] Continue Reading

- September 14, 2015 By Oliver Young -

Andrew McManus, an Australian promoter, and four other individuals were accused of being part of a criminal network that laundered cocaine money through US and Australian casinos. The amount of cash laundered is, reportedly, around $5 million. According to the Sydney Morning Herald, McManus was arrested in a joint action of New South Wales (NSW) […] Continue Reading

- September 10, 2015 By Nemanja L. -

While many recognize the huge potential of the United States gambling market, the recent study has shown that the country’s sports betting market could generate huge revenues in the future. Gambling is currently legal only in Nevada, New Jersey and Delaware, while some other states such as California and Pennsylvania are in the process of […] Continue Reading

- September 9, 2015 By Oliver Young -

The directors of Paddy Power PLC and Betfair PLC have informed shareholders that a merger worth £5 billion has been agreed between the two companies. As The Guardian reports, the shareholder benefits include 0.4254 new shares for a single Betfair share. In additional, a special dividend of €80 million is planned for shareholders of Paddy […] Continue Reading

- September 8, 2015 By Samantha A. -

The Cherokee tribe outside in North Carolina has their sights set on bolstering their profit with another casino outside of Atlanta. While Georgia still works through litigation over casino’s being built in the area the surrounding areas are slowly accumulating the backing to finance their own resorts and casinos that will accommodate the potentially vast […] Continue Reading

- September 8, 2015 By Nemanja L. -

Indian state of Maharashtra has been ordered to clarify its position on casino gaming by the Bombay High Court as it is suspected that the state had passed a casino legislation almost 40 years ago. The Maharashtra Casinos (Control and Tax) Act 1976 was supposed to allow casinos to operate in the state, but the […] Continue Reading

- September 7, 2015 By Oliver Young -

Scott Morrison, Australia’s Social Services Minister, has announced the government’s intention to review the country’s gambling laws or, more precisely, the Interactive Gambling Act of 2001. The Monday statement revealed that the initiative would be spearheaded by the former premier of New South Wales Barry O’Farrell. Morrison said in his statement that, according to the […] Continue Reading

- September 3, 2015 By Nemanja L. -

Republic of Ireland gambling authority has moved to announce that it had granted a total of 27 remote gambling licences to companies offering their services to the country residents. A revised list of 27 operators was published by the Ireland Tax and Customs Office on 1 September as a selection of gaming companies were awarded […] Continue Reading

- September 2, 2015 By Oliver Young -

Earlier this year, in June, the casino industry was delighted to find out that NetEnt has teamed up with Borgata and bwin.party in New Jersey. However, the company’s licence application is still under review and hence New Jersey players still haven’t gotten the chance to try any of the provider’s games. Nevertheless, New Jersey granted […] Continue Reading