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The Philippines Enjoy Huge Increase in Casino Profits

Solaire Resort and Casino sees revenues double in 2014

- March 19, 2015 By Nemanja L. -

Philippines’ hopes of establishing themselves as one of the largest gaming hubs in the world have suffered a major boost as the nation’s biggest casino announced huge profits in 2014. Bloomberry Resorts, the parent company of the Solaire Resort and Casino, revealed that revenues in 2014 doubled to PHP 24,122 billion ($536 million) from 2013, […] Continue Reading

OpenBet Handles Over 25m Wagers During 2015 Cheltenham Festival

- March 18, 2015 By Nemanja L. -

OpenBet, the world’s leading software provider for the sports betting industry, has announced record numbers of wagers accepted on the 2015 Cheltenham Festival. The company, which provides software for the likes of William Hill, Paddy Power, Ladbrokes, SkyBet, Coral and Betfair, revealed it had handled more than 25,000,000 bets during the four-day event and processed […] Continue Reading

bwin.party and Manchester United Launch First Club Based Casino App

- March 18, 2015 By Oliver Young -

One of the most popular online gambling operators in the industry, bwin.party has took its partnership with the football club Manchester United to a higher level after they launched the first club based casino application. Manchester United is one of the best known English Premier League teams and its partnership with bwin.party started back in […] Continue Reading

Casinos to Move Onto Land Thanks to Bill 1540 Being Passed by the House

- March 16, 2015 By Samantha A. -

In Indianapolis, there was approval by an overwhelming amount, for House Bill 1540 to pass. This bill is meant to help the casinos in Indiana, with the competition from the states neighboring them. This hopefully, will be what the sagging industry needs for a boost. The revenues in 2013 were at $2.3 billion, and have […] Continue Reading

Player Scoops Biggest Baccarat Tournament Winnings and Sets World Record

Main Prize in World Series Baccarat Championship

- March 16, 2015 By Oliver Young -

The casino game of chance highly popular among high roller casino players, baccarat, has lived up to its name when a player from Hong Kong won the world record for 100 million Hong Kong dollars or $12,890,500 / £8,565,880 this past weekend at the World Series Baccarat Championship. The event that made history took place […] Continue Reading

Online Operators Upstage Land-based Gaming Establishments in Denmark

Denmark's online casino market sees great results

- March 12, 2015 By Nemanja L. -

The online gaming market in Denmark has continued its steady growth, with the country’s gaming regulator Spillemyndigheden reporting a 20% increase in 2014. At the same time, the offline operators have started to see minor decline in revenue, as online gambling websites are clearly biting into their profits. Ever since Denmark regulated its online gambling […] Continue Reading

Trump Name Stays On Taj Mahal’s Facade

- March 11, 2015 By Oliver Young -

Taj Mahal Casino and Donald Trump have a history of disagreements after the most successful businessman in the United States sued the casino in order to make it remove his family name of the facade. However, today it seems that Carl Icahn, the billionaire who saved Taj Mahal Casino, and Trump have reached an agreement […] Continue Reading

Connecticut is Fighting Back

- March 10, 2015 By Samantha A. -

With bolstering competition booming in the nearby states of Rhode Island and New York, Connecticut has seen a severe loss of casino revenue. The gaming facilities in New York and Rhode Island have been attracting more and more customers for quite some time now, and the two luxurious Connecticut casinos- Foxwoods and Mohegan Sun- having […] Continue Reading

Finland Set for Crackdown on Remote Gambling Operators

Finland to take more control over foreign gaming websites

- March 10, 2015 By Nemanja L. -

Finland’s leading gaming companies want the government to take a resolute action against remote gambling operators targeting Finnish gamers, according to the latest reports. The country’s gaming industry is worth around €1.7 billion per year, with around €130 million of that amount wagered on foreign gambling websites. However, it is believed that the number of […] Continue Reading

US Casinos against IRS Proposal to Lower Win Reporting Threshold

- March 9, 2015 By Oliver Young -

The American Gaming Association and the US land casino companies are strongly against changing the tax code in the United States. These statements came after IRS proposed lowering the win reporting threshold, something that casinos believe would have a negative impact on the whole gambling industry. “This would have a very negative impact on business,” […] Continue Reading

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