Category: Gambling
Gambling18 Apr, 2019 Latvia imposes online gambling restrictions on citizens
The European country of Latvia has decided to implement a ban that would prohibit local customers from accessing international operators’ sites. In early April 2019, the Latvian parliament called Saeima approved amendments to its gambling laws. The amended gambling laws will restrict th...
Gambling17 Apr, 2019 Wynn, Scientific Games partner for online gaming offerings
Wynn Resorts, US-based casino company that’s a worldwide giant, announced partnership with Scientific Games Corp (SGC), a renowned gaming technology provider, for US-facing sports betting and online gambling operations. Yesterday, the casino company announced the new partnership under w...
Gambling17 Apr, 2019 Caesars appoints Anthony Rodio as new CEO
US casino giant Caesars Entertainment Corporation, colloquially just known as Caesars, had been under pressure from activist and investor Carl Icahn to sell itself. In a recent move, the company yesterday named Anthony Rodio as their chief executive officer. The move is in accordance wi...
Gambling16 Apr, 2019 65 arrested in Kolhapur in gambling den raid
Kolhapur, a city located in the southern part of Maharashtra, saw an extensive gambling raid being conducted recently. The city’s deputy superintendent of police Prerana Katte raided a gambling centre in the heart of the city, arresting a total of 65 people last week. The raid culminate...
Gambling13 Apr, 2019 Online gambling may soon be banned in Gujarat
The state of Gujarat has always seemed to be intolerant of all forms of gambling and other addictions and vices. Not many other states in India have games like PUBG banned, or even the consumption/selling of alcohol banned. Once again, we’re here to report some bad news for the re...
Gambling10 Apr, 2019 Delta Corp. shows 18.7% income rise in 1st quarter of 2019
Delta Corporation, India’s only gaming and hospitality company that’s listed on the market, recently saw its income surge by an 18.7% year-on-year (YoY) in 1Q 2019 (1st quarter of 2019) to INR 213.53 Crores ($32.4 million) till 31st March 2019. The bulk of the profits in the YoY compari...
Gambling10 Apr, 2019 Wynn Resorts scraps $7.1 billion acquisition of Crown
Wynn Resorts, the Las Vegas based casino operator, formerly owned by headed by Steve Wynn has decided to terminate its deal of buying Australia’s Crown Resorts. The deal worth AUD 10 billion ($7.1 billion), which was supposed to be imminent, because the information got leaked, Wynn stat...
Gambling09 Apr, 2019 RedKings shuts down after almost 13 years
Last week, RedKings, a platform for online poker and sports betting, announced that it will shut down in a statement posted on their website. The company explained that after 13 years of ‘shuffling cards at the tables’ they have closed two of their products: poker and betting. The state...
Gambling09 Apr, 2019 Australia’s Crown Resorts to be taken over by Wynn
James Packer, Australian billionaire and owner of Crown Resorts is all set to let go of his venture, after a deal that includes Las Vegas-based Wynn Resorts buying it for AUD 10 billion ($7.1 billion). Both the entities are in talks with each other, and the transaction seems imminent. T...
Gambling08 Apr, 2019 Sri Lanka’s casino entry fee only limited to citizens
In March this year, the Sri Lankan government imposed a casino tax with a view to increase the tax revenue. They imposed a $50 entry fee for customers who wish to enter their casinos. It had also introduced a 15% levy on the entire casino’s turnover. The Finance Minister of the country ...
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