One small reckless side of our brains loves gambling translated by Luke Haward for CDC Gaming Reports · January 23, 2018 at 10:53 am According to recent research, the brain has a reckless side, a relatively small and hidden area that controls the sudden and uncontrollable passion for risk: in other words, the one related to gambling. The research, published by the journal eNeuro, was conducted by the BioRobotics Institute of Sant'Anna School of Advanced Studies in Pisa, Italy in collaboration with other institutions. "We … [Read more...]
Vietnam tightens oversight of expanding casino sector Steven Stradbrooke, Calvin Ayre.com · January 22, 2018 at 9:17 pm Vietnam is increasing financial surveillance of its growing casino industry to ensure the government gets its rightful share of the gambling spoils. Last week, Vietnam’s Ministry of Finance released A Circular Guiding Management and Supervision of the Collection of Taxes on Casino Business Activity. The document, which was officially issued on December 29 but only now made public, is the latest … [Read more...]
BHA warns of risk to racing if roulette stake is cut to £2 maximum Greg Wood, The Guardian · January 22, 2018 at 9:08 pm The British Horseracing Authority’s submission to the government consultation on betting-shop gaming machines known as fixed-odds betting terminals warns of “unintended consequences to British racing and the wider rural economy” if the maximum stake is reduced from £100 to £2, a spokesman for the regulator said on Monday. Advertisement The BHA took the unusual step of releasing an outline of … [Read more...]
Betting shares tumble on report of cut to machine stakes BBC News · January 22, 2018 at 4:06 pm UK bookmakers have seen their shares fall sharply after a report suggesting the maximum stake on fixed-odds betting terminals could be slashed. Ministers are likely to cut the stake from £100 to £2 after a consultation closes, according to the Sunday Times. Shares in Britain's biggest bookmaker, Ladbrokes Coral, were down 9% in afternoon trade. William Hill fell 12%. Ladbrokes Coral boss … [Read more...]
Facial Recognition Technology Aims to Help with CSR Luke Haward, CDC Gaming Reports · January 22, 2018 at 4:03 pm We’ve already seen facial recognition software make inroads into the casino world. So far, these have mainly been designed for assisting with identifying and barring self-excluded players, such as MelGuard, a biometric tracker used in Japan. We’ve also seen casino ATMs using facial recognition to spot money launderers in Macau casinos by matching users to their photo IDs. But here we have … [Read more...]
Casino di Campione Strives to Avoid Forced Bankruptcy Luke Haward, CDC Gaming Reports · January 22, 2018 at 3:52 pm One of Europe’s oldest and largest casinos, the Casino di Campione, is threatened with bankruptcy, having lately been the subject of corruption accusations, police investigations into embezzlement, and having run up some pretty enormous debts to the Swiss banks. The Casino di Campione now has liabilities amounting to around $67 million; its records from 2016 showed total assets of around $21 … [Read more...]
Former syndicate chairman charged over fraud claims Joe Streeter, SBC News · January 22, 2018 at 2:24 pm Bill Vlahos, the man who spearheaded the BC3 Thoroughbreds as well as the failed betting syndicate The Edge, has appeared in court over claims he was part of a betting scam. Taking place in Melbourne, the case relates to 350 alleged counts of financial deception against Vlahos after his betting syndicate fell through, dating from 2005 to 2013, when Vlahos confirmed his bankruptcy. The … [Read more...]
21Bet launches World Cup Bank Builder Craig Davies, SBC News · January 22, 2018 at 2:23 pm 21Bet is beginning its World Cup build up, with the launch of its new promotion aimed at giving punters the chance to build a healthy balance before the spectacle gets underway. With the showpiece set to get started in Russia on June 14, a little over 20 weeks away, 21Bet has unveiled its ‘World Cup Bank Builder’ offering. The promotion offers the opportunity for customers to bolster their … [Read more...]
ICE London to host official launch of ICE Africa CDC Newswire · January 22, 2018 at 10:48 am ICE London, the world’s most international gaming event, will host the official launch of its sister show, ICE Africa, scheduled to take place in October. The official launch reception will be held in the Pyramid Bar, ExCeL London on the Tuesday of ICE (6 Feb), from 6pm to 7.30pm, and is an invitation only event. ICE Africa, which will comprise an exhibition and co-located ICE VOX style … [Read more...]
Britain to limit gambling terminal stakes to two pounds – Sunday Times Reuters · January 22, 2018 at 12:24 am The stake on gambling machines in British betting shops is set to be cut to two pounds ($2.77) to tackle the risks that the terminals can pose to problem gamblers, the Sunday Times reported, citing an ally of new culture secretary Matt Hancock. The government said in October it would reduce the top stake on the machines from 100 pounds to between 50 pounds and two pounds, with the limit agreed … [Read more...]
