Industry news
The EPT London Main Event had a buy-in of £5,250, making the large field all the more impressive. The strong turnout means that the prize pool is also quite large first prize is £900,000, while each of the 128 players who will cash in the event can expect to take home at least £7,500.Because of the large number of entrants, the field was split into two days, Day 1A and Day 1B, with the majority of players opting for the...
The progress on the regulation of gambling in Spain has been described as excruciatingly slow. But finally the Council of Ministers has approved a draft of the new Gambling Act. According to Spanish Gaming News the proposed act will regulate all forms of gambling with special emphasis on online, interactive television and mobile gambling. As expected the proposed legislation focuses on protection of gamblers from unscrupulous operators, barring under age and problem gamblers and preventing gambling from being used as...
State lottery “Gosloto” has started the payment service for ruffle by means of the telephone subscriber’s account of cell network. The contract has signed with the largest operators such as MTS and Megaphone. It allows to the lottery company increase profit till 2 million rubles during the first month.RGW
Singaporeans wrestled for years with whether to green-light its first two casinos, which opened with fanfare earlier this year. Many residents and government officials feared they would destroy Singapore's reputation for crime-free, family-friendly living.So far, the resorts appear to be a huge success. The $5.5 billion Marina Bay Sands, developed by Las Vegas Sands Corp., has drawn five million visits since late April, when its phased opening began. Nearly 300,000 non-guests have visited the resort's 57th-floor viewing deck, with an...
For the most part, the Canal Street gaming palace has delivered. After the casino emerged from bankruptcy in 1998, the state demanded that the company put its job pledge in writing. Since then, Harrah’s contract with the state requires the casino to maintain at least 2,400 jobs.Except for the period after Hurricane Katrina, the casino has maintained that number for 10 years.Until recently.The monthly state police audit for August shows that Harrah’s employment dipped as low as 2,350. Records show...