Category: Land Based Gaming and Casinos
Malta casino enters agreement with Poker Travel Israel
Malta Today – Dragonara Gaming Limited, the operator of the foremost casino in Malta, and Poker Travel Israel, one of the leading international poker group travel operators, have signed a long-term collaboration agreement through which poker and casino players from Israel and Central Europe will be visiting the Dragonara Casino to participate in various organized events. The collaboration between Dragonara and Poker Travel started earlier last year and has already seen hundreds of players from Israel visiting Malta, especially during the tourism shoulder months. The collaboration will now be extended for players from central Europe as special ‘travel’ packages have…
Singapore welcomes casino growth in other Asian countries
Channel News Asia – The opening up of new casinos or integrated resorts in North Asia is unlikely to cannibalise the gaming industry in Singapore. Analysts Channel NewsAsia spoke with say the success of casino resorts in the city-state will continue to drive demand for similar services in other parts of Asia. First, Genting Singapore announced its entry into the Korean gaming market via a US$2.1 billion investment in Jeju together with a Chinese property developer. Then came property developer OUE and its project for an integrated entertainment resort in South Korea. The project valued at about 855 billion won,…
Pennsylvania casino revenue declines; New Jersey online gambling to blame?
Lehigh Valley Live – Pennsylvania cut heavily into New Jersey’s gambling revenues with the opening of its own casinos over the last 7 1/2 years. In November, New Jersey struck back with the introduction of online gambling. Pennsylvania casinos in the eastern part of the state — including Sands Casino Resort Bethlehem — get a significant portion of their business from New Jersey residents. But have the four months of online gambling in New Jersey cut into Pennsylvania’s profits? Officials say it’s too early to tell. Pennsylvania gaming revenues have been largely on the decline since New Jersey’s online gambling…
California Tribal Business Alliance Pledges To Block PokerStars From Online Poker Market
Card Player – There are currently two bills on the table that could bring online poker to California and obviously, PokerStars wants in. California has a population of 38 million, roughly 14 times that of Nevada. With a state by state patchwork of online poker legislation in the works, the Golden State is one of the most sought after markets in the country. The site has reportedly entered negotiations with the Morongo Band of Mission Indians, who operate the Morongo Casino Resort & Spa in Cabazon. While the Morongos may be the best way to get PokerStars’ foot in the…
Florida Gaming Compact Could be Hurdle for Casino Resorts
Florida loves their casino resorts. In fact, south Florida has frequent flights from around the country, Latin America and Europe visitors by the millions each year and Indian casinos that perform better than those in most other states. On top of that, the weather is terrific. So it’s not surprising that two of the world’s largest gambling companies are lobbying in Tallahassee for the fourth straight year, hoping to persuade political leaders to pass laws to allow Las Vegas-style casinos in Broward and Miami-Dade counties – or at least let voters decide on whether they should be allowed. Such casino…
Increased FOBT tax looks sure to keep Treasury on side with bookmakers
The Guardian – If there is one sensation that every punter hates, it is the nagging suspicion of having missed something. It is the one you get when the horse you backed at 6-4 steadily drifts to 5-2 before finishing third. Did it simply run as well as it could or did the market know something you did not? I had that feeling twice in a couple of hours after the chancellor’s budget on Wednesday. It happened first when George Osborne announced an increase in the duty paid on profits from fixed-odds betting terminals in betting shops, from 20% to…
















