Tag: gambling news
How SHFL Entertainment Aims to Reap Casino Riches
From Daily Finance On Tuesday, SHFL Entertainment will release its latest quarterly results. The company formerly known as Shuffle Master faces a huge opportunity in the rapidly evolving gaming market, but it will have to work hard to cash in. SHFL Entertainment makes a variety of products that casinos use, ranging from its namesake Shuffle Master card-shuffling devices, to tracking devices designed to analyze table-game play and detect potential fraud. As the industry moves toward more electronic gaming, however, the company has also seen success in its electronic table systems and other related machines. Let’s take an early look at…
Bet on Latin America Bites Spanish Gambling Giant
Wall Street Journal During Spain’s economic boom of the past decade, one of its largest gambling enterprises followed the lead of other Spanish corporate heavyweights and piled up debt to expand in Latin America. The wager hasn’t paid off. Regulatory setbacks in Mexico and Argentina and a recession that is shrinking its market at home have Codere SA CDR.MC +2.44% scrambling to restructure a growing debt burden. The Madrid-based company’s debt payments due in June are superior to its €88.1 million ($117.2 million) valuation on the Spanish stock exchange, highlighting a credit crunch that is causing a sharp increase in corporate…
Sheriff Gaming inks Panda Media deal
From iGaming Buisness Three-dimensional online casino games developer Sheriff Gaming has signed a ‘white-label’ deal with Panda Media that will see its complete portfolio of titles made available to players at VideoSlots.com and EmuCasino.com. Eindhoven-based Sheriff Gaming launched mobile versions of its The Amsterdam Masterplan and Spartania slots via its SMART brand earlier this week and stated that players at the domains will be able to enjoy ‘fantastic variety’ including access to games within its progressive Mega Money Pool. “We are thrilled to have been recognised by Panda Media as the leading provider of three-dimensional games technology and to integrate…
The moral case for gambling
From Guardian The shaming of Australian gamblers is relentless. Alcohol causes more deaths, and yet no one is demanding that we picket shiraz. I saw my first pantomime aged seven, in the hall of a Returned Services League (RSL) Youth Club, sometime in the 1980s. It had a dashing hero and heroine, a man in a ballgown, flying handfuls of lollies and that leap-out-of-your-seat raucousness that exhilarates children. There were hundreds of us. The supervising adults maintained respectful distance and when the curtain finally came down on the dastardly villains, everyone was given a showbag full of treats. It was…
Internet Gambling Flick ‘Runner Runner’ to Premier This September
From Gambling 911 Ben Affleck and Justin Timberlake will star in the September 2013 release of Runner, Runner, a film about an offshore Internet gambling operator (Affleck) and his student gambler (played by Timberlake). The film is directed by Brad Furman with Leonardo DiCaprio as producer. Gambling911.com had alerted its readers last summer that filming was taking place throughout San Juan, Puerto Rico with the stars regularly frequenting the Marriott Resort. Affleck runs the online gambling site, Timberlake’s character looses his Princeton tuition to the online gambling site, and the rest is history… FULL STORY
Online gambling could face constitutional questions in Ohio
Dan Gilbert is positioned to be a player in the emerging Internet gambling market, but a state constitutional amendment that he championed might make it hard for him to capitalize on the trend in Ohio. The unique 2009 amendment physically restricts casino gambling to parcels occupied by Gilbert’s Horseshoe casinos in Cleveland and Cincinnati and the Hollywood casinos that Penn National Gaming operates in Columbus and Toledo. Matthew Schuler, executive director of the Ohio Casino Control Commission, goes to conferences and hears regulators from other states openly wonder whether the amendment would prohibit online betting. Christy Prince, an attorney who…















