Industry news
Melco International Development, a Hong Kong-based company owned by the Macanese gambling mogul Lawrence Ho, has completed a study of the proposed construction sites for a casino in Russia's Primorye (Maritime) Territory, and is now prepared to invest in the project. Ho's other company, Summit Ascent Holdings, has previously signed a casino investment agreement with the Primorye Territory administration. Melco International Development is prepared to invest in a casino project in Russia's Far East, the press service of the regional...
Have you ever tried playing a slot machine in one of the online casinos when your computer sound is on mute? Have a go – it’s a surreal feeling, as suddenly the same game you know is less appealing. Unlike one of those common days in which Thomas is on vacation, you sense that something important is missing. Recently, a team led by Mike Dixon, a professor from the University of Waterloo, Canada, measured gamblers' physiological responses to various slot...
Intensive development of the gaming industry caused the formation of a new area of political and scientific research – that is online-regulation of gambling. This area covers legal and regulatory issues as well as issues of social security and health care.Gambling industry has become a major information supplier for research in this vast and ever-changing sphere of governmental and regulatory jurisdictions. When it comes to the latest trends in regulation of gambling, such as online sports betting, Europe is the...
Today deputies of Moscow City Council decided to amend the draft federal law on harshering punishment for organizing and conducting illegal gambling to the State Duma. Moscow deputies suggest banning organization of gambling in the internet and blocking relevant websites.As deputy of City Council Inna Svyatenko says that despite provision made by internal affairs agencies the problem of increasing the effectiveness of combating illegal organization and conducting of gambling remains relevant. This problem exists not only in Moscow but in...
For the first time foreign investor became interested in Russian gambling business. This year one of the largest companies in the entertainment market Summit Ascent Holdings may begin construction of its own casino on the territory of resort zone "Primorye".Negotiations with the authorities of the region are in full swing, now the parties are discussing a specific amount of investment in the project. It is assumed that the company will act as an investor in the construction of one of...