Calvin Ayre – The government of Nepal has given all casinos operating in the country until Sunday to close their doors after they failed to honor back tax bills. The dispute between the government and the country’s 10 casinos dates back nearly a decade and has featured countless ultimatums and deadlines, all of which the casinos have ignored. As a result, the Ministry of Culture, Tourism and Civil Aviation (MoCTCA) was left with no option but to declare all casinos in the country to be operating illegally. The latest game of brinksmanship began last July via the adoption of the…

CNBC – Whether traveling with tight pockets or loosely tossing around cash, visitors to Las Vegas can find the ultimate playground for adults. From high-end shops and penthouse suites to day clubs and pool parties, they spend tens of billions of dollars in total here a year, with the younger demographic dropping less on casino tables and ponying up more to party in clubs. “I think the younger generation is a little bit more entertainment focused and less focused on gambling than the older generation,” said Stephen P.A. Brown, the director of the Center for Business and Economic Research (CBER)…

Forbes – Anointment of the 2016 Republican presidential nominee is far off, but one thing already seems clear: Sheldon Adelson will have the victor’s full attention. The billionaire CEO of Las Vegas Sands recently convened a meeting in Las Vegas to which likely contenders for the nomination flocked. They covet the massive scale of financial support that Adelson lavished on Newt Gingrich, and later Mitt Romney, in 2012. “Everybody knows that, behind closed doors, politicians often sell themselves to the highest bidder; this time, they were doing it in public, as if vending their wares at a live auction,” commented…

iGaming Business – Online, mobile and social gaming solutions provider Cozy Games has announced the launch of its latest online bingo website in the form of ‘United Colors of Bingo’. The new website, which is now open to customers, will operate on the Fun Bingo Network. United Colors of Bingo offers the traditional 75-ball, 80-ball and 90-ball bingo games, as well as various instant games such as slots, casino games and scratch cards. New customers will be rewarded with £20 to use on the site in addition to a welcome bonus of up to 900% assorted for the first three…

It’s a fashionable and long-held belief that some UK betting shops prey on the poor. High street betting shops spring up in deprived areas, says received wisdom, in order to exploit those already suffering from economic hardship. Leading bookmaking companies – such as William Hill, Ladbrokes and Paddy Power – have always strongly denied this, and a new report seems to bear them out, suggesting that the “poverty exploitation” theory is a myth. The independent report, which was conducted by data analyst the Local Data Company at the behest of the Association of British Bookmakers (ABB), concludes the UK’s poorest…

New to an online casino near you is the Aliens online slot from Net Entertainment for desktop and mobile devices. A global leader in providing high-quality online casino games, NetEnt launches its latest branded video slot Aliens for desktop and Touch portfolio. .At Net Entertainment explains, Aliens online slot was “Hatched from the cult sci-fi horror franchise Aliens, using innovative real-time 3D graphics, and plunges players deep into space on a mission to shoot through waves of attacks in infested premises to reach the Queen Hive. There are three thrilling levels to survive that feature re-spins, wild substitutions, collectable multipliers…