Industry news
The EU Court of Justice (ECJ) ruled that the Netherlands could block the bookmaker and betting exchange from offering bets to Dutch gamblers if its aim was to combat fraud and crime. Both companies dismissed Dutch claims that giving them access to the market would increase problem gambling. They believed Holland's main objective was to preserve the state-licensed monopoly of lottery operator De Lotto. Ladbrokes said Holland's stance was hard to reconcile with its expansive gambling policy, which is characterised...
Among Macau's six casino license-holders, tycoon Stanley Ho's SJM Holdings Ltd. (0880.HK) continued to lead the market with a share of slightly above 32%, followed by Las Vegas Sands Corp. unit Sands China Ltd. (1928.HK) with just under 20%, and Wynn Resorts Ltd. unit Wynn Macau Ltd. (1128.HK) with nearly 16%, according to the report. Melco Crown Entertainment Ltd. (MPEL) had a market share of about 14%, Galaxy Entertainment Group Ltd. (0027.HK) around 11% and MGM Macau, a joint venture...
The Group can offer sports betting immediately and will offer poker on www.partypoker.fr when the market is opened, which is expected to be later this month. As announced earlier, the Group has signed three exclusive B2B deals this year to form a significant French poker network with PMU, the country's largest pari-mutuel horse racing company, AB Groupe, a TV broadcaster, and Aviation Club de France, one of France's most prestigious card rooms and private members clubs. This network will now...
As Andrey Makarov (Deputy of panel chairman of State Duma in budget and tax questions) announced that under the pretence of stimulating lotteries the gambling business offers games on slots.The bill is banned the mechanic, electric, electronic and other types of technique equipment for any drawing. RGW
This is the largest total win since Sept. 2008 and the largest percent increase since December 2006, said Mike Lawton, senior analyst with the Gaming Control Board.For the 11 months of the fiscal year, total win is up nearly 2 percent statewide and 5.2 percent on the Las Vegas Strip.Taxes collected in June on the May winnings totaled $68.3 million, up 17.6 percent. Because casino's pay taxes based on winnings in the previous month, collections for the fiscal year that...