From Science Daily It is often said that more gambling (including playing the lottery) takes place during economic crises, but a study carried out by researchers at Universidad Carlos III of Madrid (UC3M) indicates that the opposite is true: in the last year, people have decreased the frequency of gambling activities, the number of gambling activities participated in and the amount of money gambled. The gambling industry has not escaped the changes in people’s habits and behavior that the crisis has produced. This is one of the conclusions that can be drawn from the latest report on Spaniards’ perception of…

From New York Times As I walked down the main drag in Ellenville, N.Y., a small town about halfway between Manhattan and Albany, I noticed that if you turn your head at the proper angle, at the right time of day, at just the right intersection, the future doesn’t seem so scary. Right where Hermance Street runs into Canal, there’s the Shadowland Theater, a beautifully restored vaudeville house that abuts Aroma Thyme Bistro, which has four stars on Yelp. Off in the distance is the lush Witch’s Hole State Forest and the valley around Rondout Creek. But if you lower…

From This Week in Gambling – We catch up with Mr. Fahrenkopf, outgoing President of the American Gaming Association, at the iGaming Super Show as he heads for retirement. Take a few moments to hear his thoughts on where the industry is heading over the next several years, and his plans for the future.  .   WATCH OUR INTERVIEW WITH FORMER AGA PRESIDENT FRANK FAHRENKOPF

From Sydney Morning Hearld Businessman David Murray is due to hand his final report on competing proposals from casino operators Crown and Echo Entertainment to Premier Barry O’Farrell on Wednesday, only a day before it is considered by cabinet. Each company has produced expert assessments which argue its project is of greater benefit to the state, leaving Mr O’Farrell under pressure to explain his decision, due to be announced on Thursday, on which one to back. On Tuesday a government spokesman said Mr Murray’s report would be released in full, but would not guarantee the same for supporting documents, saying…

From Reuters Gambling revenue in Macau rose 21.1 percent in June year-on-year, buoyed by a steady flow of wealthy mainland gamblers eager to place their bets in the Chinese controlled casino hub. June revenue stood at 28.3 billion patacas ($3.54 billion), according to government data released on Monday. Analysts had forecast June growth in the world’s biggest gambling market, to be up 18-21 percent. Macau is the only place where Chinese people can legally gamble at casinos in the country. Home to half a million people, Macau depends on high spending VIP gamblers, or ‘whales’, who spend 1 million yuan…

From Wall Street Journal Macau mogul Lawrence Ho is set to become Russia’s first well-known casino operator, as China’s northern neighbor enters the fray competing for the Asian high rollers who made Macau the world’s gambling capital. A company controlled by Mr. Ho signed an agreement to open a casino on the outskirts of Vladivostok, a person familiar with the deal said. The planned casino-resort in Primorye—a vast eastern region bordering China and Korea—is scheduled to open in the second half of next year. It will be one of the first in Russia after the country in 2009 banned casino…