A Cambodian online gambling ban is coming, which is expected to propel a new wave of Chinese investment in the nations casinos. The government said its gaming industry has been used by foreign criminals to extort money. The southern coastal city of Sihanoukville has emerged as a particular center for gambling and many of the dozens of Chinese-run casinos that have sprung up there have online gambling operations. China is Cambodia’s close ally, its biggest donor and investor . It has also been trying to crack down on cross-border gambling, criticizing operations in the Philippines that are similar to those…

Learning roulette is relatively easy. Many casinos have classes, and there s great information at the official website of Roulette 77. But part of that process of understanding the game means realizing and playing the odds. In some casino games it’s possible to reduce the house edge. In roulette, however, the house edge on most bets is 5.26 percent… except for one. We’ll cover that in just a moment. A good general rule when you enter a casino is that the simplest games do not necessarily offer the best odds. A game like craps, for example, with its fast action,…

The Gaming Control Board has announced that the Pennsylvania Self-Exclusion Program has launched in the state, allowing players to voluntarily exclude themselves from participating in gambling at Video Gaming Terminals. The program allows individuals to voluntarily choose 1-year, 5-year, or lifetime bans for this gambling activity. VGT establishments and operators must refuse wagers and deny gaming privileges, check cashing, player club membership, complimentary goods and services to any self-excluded person. They must also ensure that self-excluded persons do not receive targeted mailings, promotions, player club materials or other promotional materials relating to VGT activities. A self-excluded person who has gambled…

MGM Resorts International is reported to be exploring the sale and leaseback of the MGM Grand & Bellagio casinos on the Las Vegas Strip. Bloomberg News said the company is working with an adviser to solicit interest from potential buyers as either as stand-alone sales or bundled together. In a conference call with investors, MGM Resorts Chairman and CEO Jim Murren said no decision has been made and the plan will develop from the work of a committee of three independent directors commissioned back in January to evaluate ways to extract value from the company’s massive real estate portfolio, possibly…

William Hill has been growing quickly in the sports-obsessed U.S. market. That aggressive expansion could see its sports books break the $1 billion barrier across several states where sports gambling was recently legalized. The company is scheduled to report its half-year results soon and is hoping it can generate around 45% of its revenues in America. The company has positioning itself well for the start of the new NFL season in September by opening dozens of new sports books. William Hill has secured licenses in eight states that have legalized sports betting since the Supreme Court struck down the Professional…

Casinos rarely go up for sale on the Strip, but that’s exactly what could happen with some properties… including Caesars Palace. Eldorado Resorts Chief Executive Thomas Reeg told analysts Tuesday that the company expects to close the acquisition deal in the first half of 2020, and that any sale of a Strip property won’t be announced before then, including Caesars Palace, Harrah’s and Planet Hollywood, among others. As part of the merger, other casinos not on the Las Vegas Strip will likely also be sold due to antitrust concerns, and now is a good time to be selling gambling assets,…