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Harvard Study Shows Online Casinos Less Addictive Than Thought

Online casinos not the most addictive form of gambling

- August 19, 2014 By Nemanja L. -

General conception that online casinos are much more addictive than their land-based counterparts has proved to be unfounded, according to a research conducted by Harvard University students. Many people believe that online gambling establishments are more accessible and therefore more likely to create problem gamblers than brick and mortar casinos, but this does not appear […] Continue Reading

$750M Casino Resort to Be Built in Upstate NY

- August 18, 2014 By Samantha A. -

$750M is a lot to put down on a casino resort a lot of people think. This might be true if it wasn’t the leaders in the casino market – Caesars. They also put in a $1M bid just for the licenses to operate in the state alone. They are looking to increase their market […] Continue Reading

Ritz Casino Wins £1m Court Battle Against Gambling Addict

Ritz Hotel sign

- August 18, 2014 By Oliver Young -

Ritz Casino in London won a £1m court battle against a rich gambling addict who didn’t pay back the money she owned. The name of the gambler is Noora Abdullah Mahawish Al-Daher. She is married to Oman’s foreign minister Sayid Badr bin Hamad bin Hamood Al-Busaidi. Mrs. Al-Daher spent £2m gambling at London’s Ritz Casino […] Continue Reading

Tow Truck Driver Wins $90 Million Powerball Jackpot

Tow truck driver lands $90m jackpot

- August 14, 2014 By Nemanja L. -

A tow truck driver Claude ‘Al’ G. has claimed a $90 million prize money after winning the Powerball Jackpot awarded by the Colorado Lottery, the biggest payout in the state history. The man, who did not want to disclose his surname, arrived in Grand Junction with his wife Jackie and mother Marie, and was presented […] Continue Reading

Ivey’s Partner In Borgata Edge Sorting Case Sues Foxwoods Casino

Baccarat table

- August 13, 2014 By Oliver Young -

Cheng Yin Sun, the partner of Phil Ivey who was accused of helping the poker pro in edge sorting in baccarat at Atlantic City’s Borgata Casino two years ago, is now involved into another legal case and is suing Foxwoods Casino Resort in Connecticut for a couple of millions. Cheng Yin Sun and two more […] Continue Reading

Leicester City Team Up With 666BET

- August 12, 2014 By Nemanja L. -

Premier League newcomers Leicester City have announced a partnership with 666Bet online sports betting operator ahead of the start of the 2014/2015 Premiership campaign. The deal has seen 666Bet become the club’s official betting partner and exclusive European betting partner for the upcoming season. The agreement will give the new online betting company significant advertising and […] Continue Reading

Doubling Down in New York on the Casino Industry

Casino to be Legalized in NYS

- August 12, 2014 By Samantha A. -

As the casino boom is fading away in the background, New York is going to rev up the boom once again. With as many as four new casinos going in across the state, Gov. Cuomo is hoping to add a little spark into the economy by providing more jobs and regulating the amount of money […] Continue Reading

Latvia Publishes First Ever Online Gambling Blacklist

- August 11, 2014 By Oliver Young -

In a note published on its website (list can be downloaded directly from here), the Lotteries and Gambling Supervision Inspection of Latvia (IUAUI) announced its first ever online gambling blacklist restricting its residents from signing up and making transactions to and from a couple of foreign online gambling sites. The country in the Baltic region […] Continue Reading

Caesars Prepares for Financial Restructuring

Caesars Entertainment logo

- August 6, 2014 By Oliver Young -

According to reports, Caesars Entertainment, one of the biggest casino operators in the world, is planning a financial restructuring. The company is expected to announce its second quarter earnings report next week along with its new line up. Alex Bumazhny, an analyst of Fitch Ratings, said that such restructuring is necessary and that the company […] Continue Reading

Cyprus to Legalize Casinos Within a Year

Cyprus bans 2,500 gambling sites while receiving first sports betting licenses

- August 4, 2014 By Oliver Young -

According to Reuters, Cyprus, particularly its southern area, expects its first ever land based casino after the government has announced that it would give a casino license to an operator within a year. The part of Cyprus that is controlled by the Greek regulators has had a ban on gambling for a long time. With […] Continue Reading

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