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SHOP NOWGaming operators in Macau will be fined if they run afoul of a proposed new amendment to the gaming law. The law would prohibit management and sub-concessionaires from extending credit to gamblers if passed. For a FREE sub to GGB NEWS use the code
Posted 11 months ago (18 May 2023)
The latest Nationwide Impacts of Indian Gaming Report says the industry reached $48.4 billion in gross revenue in 2022, a 10 percent increase over 2021. It comes from more than 500 casinos in 29 states. For a FREE sub to GGB NEWS use the code
Posted 11 months ago (18 May 2023)
Macau junket kingpin Levo Chan was sentenced to 14 years behind bars for illegal gaming, fraud, money laundering and other crimes on April 21. His rival, Alvin Chau, recently got 18 years on similar charges. For a FREE sub to GGB NEWS use the code
Posted 12 months ago (03 May 2023)
A gaming website puts Singapore at the top of its list of jurisdictions with the toughest penalties for illegal gambling. A person convicted of gambling crimes there can face up to ten years in prison and steep fines. FREE sub to GGB NEWS use code
Posted 12 months ago (27 April 2023)
The Japanese government has given a thumbs-up to a plan to build an integrated resort on Yumeshima Island in Osaka Bay. But that’s just the first step in a long process to bring the project to fruition. For a FREE sub to GGB NEWS use code
Posted 12 months ago (25 April 2023)
Billionaire Enrique Razon Jr., whose Bloomberry Resorts controls the Solaire Resort & Casino in Manila, is planning a second integrated resort in the country. Solaire saw a net profit of $93 million in 2022. For a FREE sub to GGB NEWS use code
Posted 1 year ago (14 March 2023)
Proposed tribal-state changes could toss out parimutuels’ lawsuit against the Interior Department, allow the Seminole Tribe of Florida to offer online sports betting &let tribes buy off-reservation land for casinos. FREE sub to GGB NEWS use code
Posted 1 year ago (14 March 2023)
A proposed federal rule could lead to Indian tribes buying land in Miami Beach to build a casino, said Mayor Dan Gelber. But the Bureau of Indian Affairs said the rule streamlines the land-into-trust process. For a FREE sub to GGB NEWS use code
Posted 1 year ago (09 March 2023)
A foreigners’ gaming zone with baccarat and English-speaking staff is ready for guests at the Venetian Macao, in a space once reserved for VIPs. Meanwhile, consultant Alidad Tash says VIPs may move beyond Macau. For a FREE sub to GGB NEWS use code
Posted 1 year ago (27 February 2023)
Japanese lawmakers were expected to announce their decision on two proposed integrated resorts in the new year. It hasn’t happened yet, and Bill Hornbuckle, CEO of bidder MGM Resorts, says time is wasting. For a FREE sub to GGB NEWS use code
Posted 1 year ago (24 February 2023)
A Virginia Senate committee last week denied the opportunity for voters in Petersburg to approve a $1 billion+ casino, but opened the door for Richmond to hold another second referendum to approve a casino. For a FREE sub to GGB NEWS use code
Posted 1 year ago (24 February 2023)
Bally’s Corporation has named Robeson Reeves its new CEO, replacing Lee Fenton, who is stepping down after one and a half years on the job; Reeves will oversee efforts to win a license for a Bronx casino. For a FREE sub to GGB NEWS use code
Posted 1 year ago (20 February 2023)
Alvin Chau, who once ruled Macau’s junket sector as head of the Suncity Group junket operation, is appealing his 18-year prison sentence. In January he was convicted of illegal gambling and organized crime. For a FREE sub to GGB NEWS use code
Posted 1 year ago (16 February 2023)
It’s been a hectic few days for ClubsNSW—the trade body was already facing criticism for a regulatory proposal that many considered to be lackluster, and now it’s been forced to fire longtime CEO Josh Landis. For a FREE sub to GGB NEWS use code
Posted 1 year ago (09 February 2023)
Maverick Gaming’s ongoing lawsuit that challenges the ability of Washington tribes to hold exclusive rights to sports betting in the state is heating up, and could be headed to the highest court in the land. For a FREE sub to GGB NEWS use code
Posted 1 year ago (30 January 2023)
Kirk Hendrick, an attorney with decades of gaming and sports-related legal experience, has been appointed as the new chairman of the Nevada Gaming Control Board by recently elected Governor Joe Lombardo. For a FREE sub to GGB NEWS use code
Posted 1 year ago (20 January 2023)
The number of junket operators in Macau now stands at 36, down 85 percent from their peak year in 2013. Back then, 235 junkets brought big-spending VIP gamblers to the town, for about 60 percent of all revenues. For a FREE sub to GGB NEWS use code
Posted 1 year ago (18 January 2023)
Last year, Macau casinos generated $5.3 billion in gaming revenues, the lowest total in 18 years. But the ongoing relaxation of pandemic restrictions could mean a happier new year for casino concessionaires. For a FREE sub to GGB NEWS use code
Posted 1 year ago (12 January 2023)
Philippine Senator Grace Poe says it’s time for lawmakers to craft a formal policy on iGaming operations given its association with crimes including kidnapping. Poe alleges that an acquaintance was victimized. For a FREE sub to GGB NEWS use code
Posted 1 year ago (29 December 2022)