Genting To Build New Casino In South Korea

Card Player – A new casino is coming to South Korea’s Jeju Island. The price tag? A whopping $2.2 billion. The firms behind the plan are Genting and Landing International Development. According to Bloomberg, “Resorts World Jeju will be modeled after Genting’s Resorts World Sentosa, one of Singapore’s two gambling resorts, and will be developed by a 50-50 joint venture formed by the two companies.” The casino is slated to have 800 tables, including 200 for high-stakes gamblers, the firm said at a media briefing on Feb. 7. The site for the massive project has 2.3 million square meters. In…

The table you should avoid in Vegas

Yahoo – Planning a trip to Vegas to party and strike it rich? Here’s a tip: you’ll have a better chance of winning if you avoid roulette. That’s because casinos have a big advantage in roulette. There are 38 numbers on a standard American roulette wheel: 1 though 36, plus 0 and 00. That means you have a 1 in 38 chance of picking the right number. But, if you bet a dollar and win, you don’t get $38 – you win $35 and keep the original dollar you bet, for a total of $36. That $2 difference between $36…

Kentucky casino supporter says he lacks Senate support

WLWT – A proposed ballot measure to let Kentucky voters decide whether to legalize casino gambling hasn’t garnered enough support yet to gain state Senate passage, a key supporter said Monday night. Senate Majority Caucus Chairman Dan Seum acknowledged he hasn’t lined up sufficient backing after emerging from a closed-door meeting of fellow Senate Republicans to discuss the hot-button issue. Seum, a Louisville Republican, said he wasn’t giving up on his proposed constitutional amendment, with more than half of this year’s 60-day General Assembly session still left. “At this point in time, I have no plans of putting it on…

Sands casino websites hacked

The Morning Call – Sands casino owner Sheldon Adelson has not been shy about voicing his political views, and critics of those views appeared to send a message Tuesday to the nation’s 11th richest man. Hackers apparently took over the websites of Las Vegas Sands, releasing the personal information of some of its workers, including those employed at Sands Casino Resort Bethlehem. Websites run by the world’s largest gambling company appeared to have been hacked just after noon, showing anyone visiting the Las Vegas Sands casino Web pages a scrolling list of personal information that included employee Social Security numbers,…

Sweden Experiencing Gambling Revenue Decline

Online-Casinos.com – The industry of online gambling is worldwide with different jurisdictions each experiencing issues such as politics and taxes and the usual up and downs. Much of the revenues generated by online gambling for governments that have regulated and licensed the activity go to keeping social programs viable and budgets on track. There has been controversy in political circles that points out the addiction that governments have regarding the revenues from gambling. When those revenues fall administrations scramble to improve the situation or analyze the reasons and look for alternatives and solutions. European gambling is going through decline in…

Press Association wins new Horse Racing Ireland contract

iGaming Business – UK multimedia news agency and digital content supplier Press Association (PA) has been named as the horseracing data supplier for the Horse Racing Ireland (HRI) governing body’s Form Book. The three-year extension of the deal comes shortly after PA also secured the contract to supply HRI with a headlines package of international and domestic Irish racing news for use on the governing body’s website. In 2012, PA also secured a three-year contract for the international distribution rights to HRI’s Irish racecards. Jim Donnelley, director for racing and betting at PA, said the agency was “delighted” to have…