Archive for the ‘Business’ Category

Legal online gambling in America

Posted by Nicolae on May 12th, 2008 under Business, Casinos, Companies, Events, Gambling industry, Legislation, Online Gambling, UIGEA, United States
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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 [...]

888, casino games from CryptoLogic

Posted by Nicolae on May 12th, 2008 under Business, Casinos, Companies, Gambling industry, Online Gambling, Software
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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 [...]

The flying casinos

Posted by Nicolae on February 14th, 2008 under Asia, Business, Casinos, Companies, Investments, Las Vegas, Macau, Projects, United States
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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 [...]

Las Vegas, the Macau of America

Posted by Nicolae on February 13th, 2008 under Asia, Business, Casinos, Gambling industry, Investments, Las Vegas, Macau, United States
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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, [...]

Billions from regulating Internet gambling

Posted by Nicolae on February 1st, 2008 under Business, Legislation, Online Gambling, Studies, Reports & Survey, UIGEA, United States
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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 [...]

UK white list for online gambling advertising, updated

Posted by Nicolae on January 17th, 2008 under Advertising, Business, European Union, Legislation, Online Gambling
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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 [...]

Gambling predictions, 2008

Posted by Nicolae on January 2nd, 2008 under Asia, Atlantic City, Business, Casinos, Dubai, European Union, Gambling industry, Gran Scala, Las Vegas, Macau, Online Gambling, Predictions, Projects, UIGEA, United States
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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 Entertainment - new owners for Casino & Hotel Resort chain

Posted by Nicolae on December 28th, 2007 under Atlantic City, Business, Casinos, Gambling industry, Las Vegas, United States
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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 [...]