Industry news
Macau, the only place in China where casino gambling is legal, has seen gambling revenue soar since the end of 2009 as players continue to place bets despite China's tightening steps and local government policies aimed at slowing growth to a more measured pace. Gambling revenue rose to 24.21 billion patacas (US$3.01 billion) last month from 16.31 billion patacas a year earlier, according to Macau's Gaming Inspection and Coordination Bureau. The news helped shares in five of Macau's six casino...
The objects are owned by “Bars” and “Olympus” companies. The investors of these companies refused to participate in the project after the information about the transfer of the gambling zone. But the organizations had not given up and together created a closed mutual fund Play City, to which they managed to attract investors.Developers explain that the two casinos will meet the minimum requirements for gambling facilities. “Crystal” and “Olympus” will be absolutely identical to each other. No specifics, the classic...
On Friday, the Justice Department reversed its previous stand on the 1961 Wire Act — saying that it applied to sports betting but not online gambling — after years of hunting down online casinos like the billion-dollar-plus Full Tilt Poker.Rick Bronson, chairman of U.S. Digital Gaming, said the change would give states the ability to legally operate online gambling beginning with poker and also sell lottery tickets on the Internet.He said that poker would likely generate $12 billion a year...
Revenues from casinos and online gaming activities rose by 0.6 per cent in the UK last year, according to the consultancy PricewaterhouseCoopers (PwC). It predicts that global revenues in the casino and online gaming industry will grow by 9.2 per cent a year until 2015, rising from $117.6bn (£75.4bn) in 2010 to $182.8bn in 2015. The principal growth will be in Asia, with Macau the jewel in the crown.While the UK casino market totalled $1.2bn, gaming machines in generated more...
Login Casino is the only Russian magazine about gaming. Its pages contain exclusive news about the gaming industry, legislative innovations, reports from the world’s leading casinos, interviews with leaders in the gaming industry and the policy makers.Our readership includes business owners, operators and managers, gaming zone players. Gaming market related people and those researching its development. Those who are risk takers, aggressive and passionate. They are the first to test new products and services.The issue contains:1. Siberian Coin Gaming Zone...