Industry news
Members of the State Duma Committee on Physical Training and Sport have endorsed by a solid vote the initiative of the government. It is supposed that bookmakers will pay a tax in favor of sports organizations. In accordance to the draft law No. 1113576-6 “On the amendments to separate legislative acts of the Russian Federation (regarding the formation of revenue increasing mechanisms of sports subjects)”, gaming organizers will have to make targeted contributions once per quarter in amount of 5%...
Chinese investors are considering the possibility of participation in the Yantarnaya gambling zone development. Recently, the vice-president of the Chinese Business Center, Chen Zhigang visited the office of Kaliningrad region in St. Petersburg and met with the acting head of the regional Ministry of Tourism Andrey Ermak. During the meeting, Chen Zhigang said that businesspeople from China believe that Yantarnaya will be a very popular tourist destination, and therefore it arouses great interest among them.
Resident of the Primorye gambling zone, Malaysian corporation NagaCorp Ltd, will start the construction of a hotel casino. According to investor’s plans, the first stage of the project will include the construction of 11-storey building that will house a casino, a hotel and a concert hall. The cost of the project is estimated at $70 million. The facility is scheduled to become operational in 18 months. A waterpark will be built at the second stage. Company is planning to complete...
How will online casino of the future look like? Online casino of the future – how will it look? Both the beginners and experienced gambling specialists ask this question, predicting a significant level-up of the industry in the next few years. Expert view According to Technavio, by 2020 annual increment in profit of virtual gambling market will be about 11%, with about 15% will be accounted for the European gambling sector. The latest research of Juniper Research analysts has shown...
CASEXE, the provider of innovative gambling solutions announced in the official press release that it’s going to participate in the Excellence in iGaming (EiG) industrial event on 18-20 of October in Berlin (Germany). The team of developers will be present at the international gambling event as a guest. Everyone interested can make a preliminary appointment to meet the manager by completing the application on the official website of the provider. Afterwards, the company representatives will contact the client and discuss...
