‘Keep Crime Out of Sport’ Project Report Approved by EC Luke Haward, CDC Gaming Reports · March 1, 2018 at 11:47 am On the 7th February, the European Commission (EC) approved the final report from the Keep Crime Out of Sports (KCOOS) Project which ran as a pilot scheme between January 2016 and June 2017. The project was jointly financed by the European Union (EU) and the Council of Europe. The report was reviewed and ultimately approved by the Directorate General for Migration and Home Affairs (DG-HOME), … [Read more...]
Dublin to host Irish Gaming Show next week Luke Haward, CDC Gaming Reports · March 1, 2018 at 10:42 am With new legislation incoming for the gambling industry, and likely to affect all sectors, the year’s Irish Gaming Show is set to be one of arguably unprecedented significance. Delegates are expected to be in attendance from all aspects of Ireland’s gaming spectrum, including, but not limited to, casinos, online gaming operators, and bingo. The event will take place at the Moran Red Cow Conference … [Read more...]
Macau casino revenue growth falls short of expectations in February Reuters · March 1, 2018 at 10:14 am Gambling revenue in the Chinese territory of Macau rose 5.7 percent in February, less than analysts had expected for the big-spending holiday period but still the 19th month of consecutive gains in the world’s largest gambling hub. Revenue rose to 24.3 billion patacas ($3.02 billion), the third highest in the past 12 months, data from Macau’s Gaming Inspection and Coordination bureau showed on … [Read more...]
New Developments in Shared Online Poker Liquidity in Europe Luke Haward · March 1, 2018 at 9:46 am There have been a number of recent developments in online shared poker liquidity in Europe of late. Italian poker news outlet Assopoker released an update last week that Italy had completed its technical checks for sharing poker liquidity with Spain, France, and, eventually, Portugal, and that the technical standards now awaited publishing before any further action could be taken. The report … [Read more...]
Silver Heritage loss widens for 2017 as firm grows GGRAsia · March 1, 2018 at 6:35 am Asian casino operator and developer Silver Heritage Group Ltd has issued preliminary annual earnings flagging a widening loss amounting to US$14.45 million. The 2017 deficit included “non-recurring costs, primarily IPO expenses, and one off non-cash impairments,” said the firm in a Wednesday filing, referring to an initial public offering on the Australian Securities Exchange in August … [Read more...]
Woolworths just one of many gambling companies using spying and other techniques to lure gamblers Francis Markham and Martin Young, The Conversation · March 1, 2018 at 1:23 am Woolworths is reported to be instructing staff to ply gamblers with food and drink and to keep dossiers on the private lives. And while Woolworths has been singled out for systematically requiring these kind of practices from their staff, the company is hardly alone in putting profits ahead of gamblers well-being. Poker-machine operators have good reason to treat their customers like this. … [Read more...]
Records fall and revenues soar for Galaxy in 2017 Inside Asian Gaming · February 28, 2018 at 9:16 pm A record year in the mass market segment helped Galaxy Entertainment Group (GEG) increase its revenue by 18% in 2017 to HK$62.5 billion, led by another impressive performance from flagship property Galaxy Macau. Total gaming revenue increased 17% for the year to HK$58 billion, including a 17% increase in mass gaming revenue to a new high of HK$24.2 billion. VIP revenue was also on the move, up … [Read more...]
Crown Melbourne evacuated amid bomb scare Inside Asian Gaming · February 28, 2018 at 9:07 pm A 55-year-old Malaysian man has been charged with making threats to kill, making false statements and making false reports to police after an incident that saw hundreds of people evacuated from Crown Melbourne on Wednesday. The man, wearing a backpack, was reported to have been acting erratically and made threats to police that resulted in bomb squad officers being deployed to the scene. The … [Read more...]
Western Fair identity, new casino costs at odds in talks Norman De Bono, London Free Press · February 28, 2018 at 7:46 pm For Western Fair District in London, nothing less than its very identity is at stake. But for Gateway Casino and Entertainment, it boils down to a business model that costs a lot less. Welcome to the hard-nosed bargaining at the table on the future of gambling in London, now locked in its 10th month with no end in sight. Western Fair is in talks with Gateway on a new deal for its casino … [Read more...]
Results of Chile’s municipal casino tender due in June G3 Newswire · February 28, 2018 at 4:12 pm The results of the tender for the seven Chilean municipal casinos are now expected to be announced between June 1st and June 19th, according to local press. Casinos licences are up for tender in the municipalities of Arica, Iquique, Coquimbo, Viña del Mar, pictured, Pucón, Puerto Varas and Puerto Natales. While only two operators Enjoy and Sun Dreams have made bids for the largest casinos, it … [Read more...]
