Category: Land Based Gaming and Casinos
Macau Website Targets Deadbeat Gamblers
Hustler, cheater, robber, rogue. Deadbeat gamblers who skip out on casino debts in Macau risk being branded with these monikers and having personal details made public by a website that says it has helped to recover 50 million yuan ($8 million) so far. But the novel strategy to combat bad debts in the world’s largest gambling destination is under scrutiny from the police for possibly breaking the law and from the Chinese territory’s gaming authority over privacy concerns. The bilingual website, called Wonderful World in English, features a blacklist of more than 70 deadbeat gamblers from across China who it…
12 things NOT to do if you win the lottery
USA Today – Imagine becoming vastly wealthy overnight. Being a winner of a multimillion dollar lottery has to be incredible. It certainly is going to be a life-changing event for almost every single lottery winner. But what about when the prize is an astronomical sum of $100 million, $200 million or $300 million? If you happen to be lucky enough to win a lottery, please avoid some of the simple mistakes, and complex mistakes, that have taken other lottery winners into bankruptcy. Imagine being Joe Somebody and turning into Sir Joe the Magnificent overnight. Now imagine the unthinkable that Sir…
Casinos passing on fantasy sports betting
Press of Atlantic City – Fantasy sports betting is still not a reality at the Atlantic City casinos. Technically, it is not considered gambling, because it is regarded as a game of skill, not a game of chance. But when the regulations were approved by New Jersey casino regulators in March, fantasy sports betting was touted as a way to attract new gamblers to the struggling Atlantic City market. Although it sounded like a winner for Atlantic City at that time, it just hasn’t happened. So far, no casinos are offering fantasy sports betting tournaments, representatives of all 12 casinos…
Las Vegas Sands Settles With U.S. Government
Card Player – Las Vegas Sands Corp., one of the largest casino developers in the world, has agreed to pay the United States government a sum of more than $47 million to end a money-laundering investigation, according to reporting from the Wall Street Journal. Sands will avoid criminal prosecution thanks to the settlement, but will not contest the Department of Justice’s claim that it made errors by failing to report “suspicious activity” by one of its high-rollers, the WSJ reported. The gambler in question is an alleged drug kingpin. According to the government, the gambler wire transferred around $45 million…
Gambling a growth industry in Italy
West Info – The number of Italian companies specialized in betting and gaming sector has increased, in one year, by 32.1%. Reaching, in 2013, almost 9,300 units. The most significant growth was recorded in Emilia-Romagna: +80%. While Lombardy ranks first at national level as far as the highest number of this type od enterprises is concerned: 1,342, accounting for 14.5% of the Italian total (+43.4% in one year). Followed by Campania (1,278, 13.8%) and Lazio (1,046, 11.3%). This is what emerges from an elaboration of the Chamber of Commerce of Milan on the figures from the register of companies in…
A Dicey Future for Australian Gambling Reform
Whichever way the electoral dice rolls on September 7, it is unlikely that Australian gambling will see the federal reforms necessary to tackle problem gambling, writes Charles Livingstone. The gambling policies of the ALP, LNP and Greens are probably unlikely to sway the ballots of many voters on September 7. Yet they reveal something of the way politics works with Australian gambling in 2013, and the way the parties imagine Australia. The LNP policy is very industry friendly, and focused on individual responsibility. At its core is a commitment to establish an Industry Advisory Council, to be composed of representatives…

















