Financial

- December 12, 2016 By Samantha A. -

The Macau’s Monetary Authority stated that on Friday that they would in fact clarify the policy after a report was filed that claimed the gambling mecca would actually limit certain ATM withdrawals sent the casino shares tumbling down hill. The South China Morning Post reported that the SAR or special administrative region was in fact […] Continue Reading

- November 16, 2016 By Oliver Young -

The citizens of New Jersey rejected the proposal according to which casinos were going to be built in North Jersey. Under the current regulations casinos are allowed only in Atlantic City. Some were claiming that the proposal was going to be good for the economy of the state, and now it is clear that Atlantic […] Continue Reading

- November 7, 2016 By Oliver Young -

For decades now, Nevada, home of Las Vegas, was considered to be the gambling centre of the US. If any state was synonymous with gambling, it was Nevada. Gambling tax revenues are one of the biggest sources of income for the state authorities. It didn’t seem that it could change, even with the newest tax […] Continue Reading

- October 31, 2016 By Samantha A. -

The casino expansions that have taking place all through the northeastern part of the United States has been the main blame for most of Atlantic City’s financial struggles,  the first attempt that was taken by New Jersey in order to take advantage of some of the expansion benefits seems to be fated to fail.  New […] Continue Reading

- October 24, 2016 By Samantha A. -

Troy King who is the former Attorney General in the state of Alabama was featured on the show 60 Minutes which is a CBS news program, talking about many Football players who actually lost millions in a very unsuccessful bingo casino that was located in Alabama. This entertainment and casino complex was to be a […] Continue Reading

- October 19, 2016 By Oliver Young -

It seemed that everything was ready for the William Hill and Amaya merger. Both companies were looking forward to it and it was expected to create a true industry giant. But, the merger didn’t go through. It appeared that there was strong opposition from major William Hill shareholders who thought that a merger would decrease […] Continue Reading

- October 10, 2016 By Oliver Young -

Mergers have become quite frequent in the gambling industry recently. Last year, the merger of Paddy Power and Betfair was announced. The merger between Ladbrokes and Gala Coral, two of the leading betting operators in the UK, is expected to be announced every moment now. Earlier this year, William Hill rejected a takeover bid by […] Continue Reading

- September 21, 2016 By Oliver Young -

It has been predicted and published on multiple occasions that Brexit will have a negative effect on UK gambling operators. 2015 and 2016 have been quite difficult for many companies. However, that is certainly not the case with bet365 as the previous months have been nothing but successful for the Stoke-on-Trent based company. All financial […] Continue Reading

- September 12, 2016 By Samantha A. -

Legislators within the state of New Jersey are putting out a public vote for a referendum that will allow casinos that are within the Northern Part of New Jersey which will include one casino located at Meadowlands Racing located in East Rutherford, NJ. Ralph Caputo the Assemblyman is all set to introduce a resolution that […] Continue Reading

- September 12, 2016 By Oliver Young -

In what can be only described as a long-due end to an era full of financial difficulties, the Trump Taj Mahal Casino in Atlantic City is now officially confirmed to be closing. The confirmation came on Friday, September 9th, after a petition to the Gaming Enforcement Division of New Jersey was made public. According to […] Continue Reading