Industry
May 20, 2022
Playson’s Product Owner Perished in the Ukraine War
The war in Ukraine continues to take its toll on the industry. Playson, a leading game developer for the regulated gambling industry, announced that its product owner has perished in the fighting. Honcharuk’s Contributions Are Immeasurable Oleksandr Honcharuk worked as a product owner at Playson for over two years. The talented industry specialist joined the […]
Casino
May 20, 2022
Nevada Gaming Control Board Approves Two-Year License for Accel Entertainment
At the beginning of May, the Nevada Gaming Control Board recommended Accel Entertainment should receive a two-year license that would allow it to provide its Video Gaming Terminals (VGTs) and slot machines to gaming cafes, bars, truck stops, or restaurants within the state borders. On Thursday, the Board officially approved the license. Now, the Chicago-based […]
Casino
May 20, 2022
Frankfurt Court Orders a Casino to Refund All Deposits Made by a Player
Frankfurt’s Higher Regional Court has ordered an unnamed online casino to repay €26,000 ($27,500) to a player which used the site’s services between 2018 and 2020. At the time, online gambling in Germany was only regulated in Schleswig-Holstein and the operator did not hold a German license. The Matter Was Originally in the Hands of […]
Industry
May 20, 2022
Crown Investors Approve Blackstone’s Takeover Bid
As Blackstone prepares to acquire Crown Resorts, the casino company inquired about its investors’ opinion on the deal. As it turns out, most of them support the takeover. Crown’s Shareholders Approve the Scheme Blackstone, an American investment management company, announced its intentions to acquire Crown Resorts. The Australia Foreign Investment Review Board reviewed the deal […]
Casino
May 20, 2022
No More Pull Tabs In North Dakota Stores and Gas Stations
The Flickertail State is facing an explosive growth in the number of e-pull tab machines in recent years and it all comes down to a 1994 document and some loose wording regarding critical definitions. The issue is expected to be addressed when the Legislature reconvenes next year after a 3-2 vote in the commission. E-pull […]
Industry
May 20, 2022
Bernstein: Digital RMB May Benefit Macau Gambling
Finance experts from Bernstein have analyzed how going cashless might affect Macau’s gambling economy. The analysts believe that it will revitalize the sector – something it desperately needs right now. Bernstein Spoke about Macau and Digital RMB Bernstein finance specialists have commented on the prospects of introducing China’s virtual currency, the digital renminbi (digital RMB) […]
Casino
May 20, 2022
Nevada Gaming Commission Gives MGM Stakeholder a Limited License
The Nevada Gaming Commission, the regulator of Nevada’s thriving gambling market, has given a limited license to billionaire Barry Diller for his MGM Resorts International ownership stake. The IAC director owns 14% of the MGM shares and is currently under inside trading investigation by the Justice Department and SEC. “That’s Not Fair,” Diller Shouted While […]
Casino
May 20, 2022
Alvin Chau Transfers Suncity, Summit Ascent Stakes
For a while, the fate of Alvin Chau Cheok Wa’s assets, the former chairman of the embattled Suncity Group, remained unknown. Now, a new filing submitted to the Hong Kong Stock Exchange shows that the man has decided to transfer his stakes to Andrew Lo Kai Bong, a Suncity Group executive director. He has also […]
Casino
May 20, 2022
Bloomberry Prepares New Casino Resort in the Philippines
Bloomberry Resorts Corporation, the parent company behind Solaire Resort and Casino in Manila, the Philippines, has revealed that it will pursue a third property in the country. A new integrated resort is now being planned for the region south of Manila, in Cavite, which should enable the company to capitalize on the return of tourists […]
Casino
May 20, 2022
Thai Parties Propose Casino Reforms
Thailand currently prohibits most forms of gambling but some parties seek to change that. While betting on horseracing and playing the state lottery is legal, the country is yet to introduce land-based casinos and iGaming. Thai Powers Propose Gambling Reforms A few minor political parties have banded together to propose changes to Thailand’s Gambling Act. […]
