Industry news
Essex County Executive Joseph N. Di Vincenzo, Jr. announced this week that he would like New Jersey state leaders to consider Newark, or Essex County, as the host community for a new casino. He believes casino development in Newark would stimulate economic development, attract new businesses, create construction jobs and permanent casino jobs, and generate a new stream of recurring revenue for the State, County and City in terms of sales tax and property tax. “As elected leaders, it is...
"The old parlor games were incompatible, insecure, and no longer functioning correctly”, states Yahoo's Games Help website. The withdrawal of Yahoo Poker free Texas Hold‘em forms part of a move that will eliminate all Classic Yahoo Parlor Games from the start of 2015. The service has been offered as a play-money venture, with no real-money games being made available. The option to keep Yahoo Poker as play-money only allowed players from all over the US to access the service, rather...
South Korea looks like the consolation prize as Japan's USD 15 B casino dream fades, a setback for companies such as Las Vegas Sands that envisioned a new gaming hub rivaling Las Vegas in 2020. A bill that would have legalized casino gambling died when Japanese Prime Minister Shinzo Abe dissolved parliament on Friday to call a snap election. That means lawmakers cannot pass regulatory legislation next year, making it highly unlikely any casinos will be ready in time to...
A decade ago, it was just another down-at-heels vacation destination. But the Black Sea resort town of Sochi has been transformed by hosting the 2014 Winter Olympics. And now, it aims to become a Russian version of Monte Carlo. After Russia cracked down on gambling in 2009, the Kremlin restricted casinos to four far-flung gaming zones – Yantarnaya in Kaliningrad, Altai in central Siberia, Primorye in the Far East, and Azov City in Krasnodar. The Russian restrictions created an opportunity...
It is possible to say that Bitcoin is an ideal currency for online gambling. At this stage, the operators of gambling platforms in the network are only trying to size this phenomenon, which may soon become mass scale. Huge potential of introduction of Bitcoin in gambling industry exists due to its specificity. For example, Bitcoin can be absolutely safety used to refill your current account in countries and cities where gambling is banned or heavily regulated by legislation. A betting...