News

Lately, the situation in Atlantic City has been pretty heated, with the New Jersey’s gambling resort facing some financial difficulties. Still, a number of casino openings are expected to be carried out, which provoked rumours that the ailing resort’s gaming industry is slowly recovering after several years of serious setbacks. It came to Casino Guardian’s knowledge that the president and Chief Executive Officer of the American Gaming Association, Geoff Freeman, has commented that the casino and gambling resort has headed in the right direction, with companies that are aimed at…

The state of Pennsylvania has officially put its long-discussed online gaming expansion on hold until the autumn of 2017. Currently, local lawmakers are on their summer break, so they are expected to return in September to resume their discussions on the state’s gambling legislation in terms of online poker and casino games. Earlier this year both the House and the Senate passed versions of the proposed gambling expansion bill. That is exactly why there were hopes that the bill would after all be included in the state’s budget consideration and…

Over the weekend, the UK’s Chancellor of the Exchequer, Philip Hammond, was reported to had been trying to stop the Government’s FOBTs review over some concerns that a change implemented in country’s staking rules could have a negative impact to the UK Treasury. It came to Casino Guardian’s knowledge that in Chancellor Hammond’s opinion the massive reduction of the maximum stakes offered by FOBTs from £100 to £2 only would be a serious blow to the Treasury. Fixed-odds betting terminals have become a controversial issue across the UK due to…

The hunt for the British player who had won the EuroMillions jackpot in the July 28th draw has been brought to an end. Finally, a player has staked a claim for the jackpot prize amounting to £51,702,049.60 that was won by a UK-based EuroMillions ticket-holder. This has been the fourth time when an EuroMillions jackpot has been won on the territory of the UK so far in 2017. Back in June 2017 a massive EuroMillions jackpot of £87 million was won. Two UK players won two large EuroMillions prizes in…

It came to Casino Guardian team’s knowledge that Ireland could impose new taxes on gambling activities and e-cigarettes in its budget. The possible increase has been proposed by the government’s Department of Finance officials, who also suggested a possible increase to the VAT rate for the tourism industry. The proposed measures were outline by the officials in a special briefing document which has been prepared for Paschal Donohoe at the time when the latter took over the Ministry of Finance from Michael Noonan. According to specialists, the next budget of…

The UK has seen a sharp increase of the gaming market share over the last decade, with gambling opportunities expanding their reach among more people each year. Today, Community Care group revealed that researchers at King’s College London are making a nation-wide study to see how negative effects of gambling may affect more vulnerable individuals. As explained by group’s officials, its study called “Adults at risk and gambling: exploring the nature of gambling-related harm” consists of three phases. Community Care revealed that the first part of the study included a…

The legal battle related to greatly profitable designated-player card games at pari-mutuel facilities across the state of Florida is to be continued soon. It came to the knowledge of Casino Guardian that the matter is scheduled to be heard in September by a local appeals court. The appeal was filed by Florida Department of Business and Professional Regulation, which is responsible for regulation and monitoring of local gambling venues. The Department is now challenging a ruling issued in 2016 by E. Gary Early, an Administrative Law Judge. In his decision…

ASF Consortium, the company which stands behind a Gold Coast casino plan estimated to $3 billion and which was unexpectedly eliminated by the Palaszczuk Government from the project, revealed that it could take legal action. According to the company’s director Louis Chien, Premier Annastacia Palaszczuk had misled ASF Consortium. A few days ago, the Premier decided to cease plans of the multi-billion casino project three years after the Chinese-backed company was chosen by the Government to develop The Spit. Earlier this week, the Labor Government of Premier Palaszczuk eliminated the…

The administration of Governor Chris Christie officially revealed that it has resolved the remaining tax appeals of Atlantic City casinos. The tax issues that casinos in Atlantic City have been protesting against are considered as the issue that has resulted in exhausting massive financial resources from the gambling resort which has been lately facing certain difficulties. The state’s Governor shared that the financial future of Atlantic City is no longer threatened by casino property tax appeals thanks to his administration’s efforts. Back in November 2016, Governor Christie and his administration…

The national horse racing body of Ireland – Horse Racing Ireland (HRI) – has proposed an increase in the rate of betting duty and commission on operators’ gross profits. The authority, which currently oversees the local horse racing industry, has made a submission to the betting tax review carried out of the Department of Finance. According to Horse Racing Ireland, the betting tax in the country should be boosted from 1% of bookmakers’ registered yearly sales to a total of 2.5%, with the extra charge being distributed to customers. This…