Press Release
15.05.2009

MULTIMEDIA SRL – ROMANIA (MultiMedia) has been selected to receive one of the Majestic Symbols of Quality which aim to present a powerful tool in assessing progress and setting priorities for policies of International sector performance, especially in the specific fields of the Macro and Micro environment -zooming in [...]

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In New Zealand and Australia, housie is often used a fundraiser by churches, sports teams, and other groups, and raffles are sold before the game.
Bingo, as housie is known as in the UK (not to be confused with the similar US game Bingo), is an expanding and highly profitable business, with many [...]

Get real on web gambling
Kansas City Star, MO
Rick’s Gambling & Tourism column in today’s Star Business Weekly looks at the US’s untenable position in the worldwide on-line gambling industry. …
State cracks down on Net gambling
Kentucky.com, KY
By Jack Brammer FRANKFORT — Kentucky is commandeering 141 domain names of Internet gambling sites in [...]

Charity gambling is the practice where typical gambling ‘games’ such as bingo, roullette, lotto, slot-machines, etc. are overseen by a charity or group of charities. The profits from the venture go to the charity or group of charities, rather than to a municipality or private casino. Sometimes this occurs as a [...]

The Howard Hughes Corporation is a major real estate development and management company based in Las Vegas, Nevada, which was founded by Howard Hughes. Later sold to the Rouse Company, it is now a subsidiary of General Growth Properties.
History
Formation as Summa Corporation
Originally known as Summa Corporation, Howard Hughes Corp. was formed [...]

Gambling revenue will grow to $155 billion in 2012 from a 2007 revenue of $114 billion with an annually rate of 6.5 percent per year, says PricewaterhouseCoopers LLP in a report released this week.
Asia, and especially Macau, will be the world’s fastest growing gambling region.
In accordance with this report, the US revenue [...]

Poker Stars started a new experience, beginning to operate a poker room in Cotai Strip (Dubbed PokerStars Macau), at Grand Waldo Hotel and Casino (25 tables, 250 players, cash games and tournaments).
The poker room was launched this week with a No-Limit Texas Hold’em Charity Poker tournament, for the victims of [...]

$4.5 billion Canadian investment in casino-resort project (“Ho Tram“) in the South of the Vietnam, the theme highlighting the lush natural beauty of the area while showcasing Vietnamese and Asian culture.
The most important investors in this project are Asian Coast Development Ltd. from Toronto and Harbinger Capital LLC [...]

Gambling with the futures
Socialist Worker Online, IL
One obvious one is the rising price of oil, which is increasing transportation and other costs for agricultural products. Another is profiteering on the …
The energy crisis: Only bold steps will help
Minneapolis Star Tribune, MN
A frenzy of unregulated speculation in the futures markets is [...]

A gambling affiliate is a commercial entity with a relationship with a peer or a larger entity.
We well define the gambling corporative, a facility that houses and accommodates certain types of gambling activities. It can be a casino, poker room, bingo halls, lotteries, sports betting agency, as well as hotels, restaurants, [...]

A new MGM Grand casino will open at Foxwoods this weekend. The festivities will be overshadowed by the United Auto Workers that will protest against unfair tipping policy and the Mashantucket Pequot Tribe’s refusal to bargain, trying to negotiate a union contract.
A new way the tips are distributed among dealers is [...]

During July 29-30, 2008, will take place the conference Next Generation in Gambling (NGG) (Exploring multi-channel delivery of games to customers while complying with federal and state laws in Canada, United States and Latin America).
The event will target the casino, racing, and lottery companies working in North American jurisdictions, focusing to [...]

CryptoLogic Limited, a leading software developer to the global Internet gaming market, through its wholly owned subsidiary WagerLogic, has announced a three-year licensing contract with 888 Holdings PLC, one of the world’s most popular online gaming companies. Under the agreement, 888 will select and integrate casino games from CryptoLogic that best [...]

Airbus is in discussion with more clients interested to use the world’s biggest passenger plane, Airbus superjumbo A380, into a flying casino.
David Velupillai, marketing director for Airbus’s executive and private aviation division, said a fully-fitted casino could be delivered as early as 2012.
The gambling “is clearly a growing business in Asia [...]

Interesting change, isn’t it? It seems that starting with this year, Las Vegas will be no more the capital of the gambling world. The Sin City is growing old.
In accordance with Macau’s Gaming Inspection and Coordination Bureau, casinos in Macau took in gross gambling revenue of $10.4 billion in 2007, [...]

Press Release
Regulating Internet Gambling Would Generate Billions in New Revenue for Critical Government Programs
Congressman McDermott Urges Congress to Support Internet Gambling Legislation
(Washington, D.C. – January 31, 2008) A new tax revenue analysis announced by Representative Jim McDermott (D-WA) estimates that regulating Internet gambling would generate between $8.7 billion to $42.8 billion in [...]

U.K. Gambling Act of 2005 went into effect Sept. 1, 2007, restricting online gambling advertising to only those companies based in the United Kingdom or other countries in the European Economic Area. The EEA consists of the 27 countries in the European Union together with Norway, Liechtenstein and Iceland. Countries [...]

It seems that it is very hard to make predictions on gambling, this year even more difficult than the other years, and online gambling much more difficult than the classical gambling.
2008 will be a very good year for the land casinos. Las Vegas has some big problems that will allow to other [...]

Harrah’s Casino & Hotel Resort chain, which also run the World Series of Poker, will have new owners, two private equity firms named Apollo Management and Texas Pacific Group, shelling out a whopping $17.7 billion for the acquisition, being complete in early 2008.
“The WSOP will remain a key brand in the [...]