News

The conglomerate company Icahn Enterprises L.P., which is owned by the activist investor Carl Icahn, posted an official announcement today, revealing that it has reached a deal with Hard Rock International-led group of investors to dispose of the Atlantic City-located former Trump Taj Mahal Casino Resort. The activist investor acquired the property only a year earlier, after Trump Entertainment Resorts announced bankruptcy. All casino and hotel operations of the Taj Mahal Resort were officially stopped in October last year, and at the beginning of February 2017 Icahn revealed that he…

The Nevada Gaming Control Board posted the general results of the operators who operate on the territory of the state, which has been home of some of the biggest casinos in the country, especially considering the fact that it is home to Las Vegas. The official assessment of the January results indicated that the sector greatly benefited from a stable increase of 12% in the first month of 2017. According to the report released by Nevada Gaming Control Board, the gaming revenue generated by the casinos across the state amounted…

The UK Gambling Commission (UKGC) released a new report which is aimed at revealing more information about the levels of gambling participation, attitudes and behaviour of the local residents. The research, which was initiated by the Gambling Commission provides extensive information about the overall gambling participation and engagement of British people. The report also revealed most gambling perceptions in the country in 2016, including information about the preferred ways used by people to gamble online, the preferred devices as well as the influence that social media had on people’s gambling…

UK Bookmakers have presented a secretive research that had been funded by the gambling industry, warning of the negative impact that the planned gambling clampdown would have on the industry. The report, which has been prepared for the betting industry by KPMG, is confidential but The Times claimed they had seen it. According to the information presented by the daily national newspaper, the report says that if introduced, the new rules related to responsible gambling in the country would lead to closure of half of the UK bookmakers. This, on…

So it was with the efforts related with the proposed casino gambling legislation in Georgia for 2017. The sponsor of the proposed bill did not get a chance for a second hearing in front of the Industries Committee, which is currently being regulated by the State. Considering the fact that there is less than a month remaining until the end of the Georgia General Assembly session, this basically means that the casino gambling legislation in Georgia will be dead for for this year. Senate Bill 79 was presented in a…

Malta’s Gaming Minister Emmanuel Mallia participated in the conference “The Developing Landscape of Gaming Regulation. What next?” Mallia commented on various matters, related to gambling, saying that the latter has always provoked a lot of social, criminal and psychological concerns, which required from the local regulatory authorities to make sure it provides adequate controls in a few directions, including social well-being and customer protection. The conference was initiated by the local Gaming Authority (MGA) and took place at the Hilton Portomaso Suite in St. Julian’s. It was scheduled after a…

Over the last few weeks, the state of New York has been rumoured to be approaching the time when online gambling will be legalised, along with a number of other US states, which have been put in the same situation for quite some time now. The New York Assemblyman Gary Pretlow has commented on the online gambling legislation trend pretty optimistic, projecting its online poker bill to be passed within 2017. The Assemblyman, who is known for his previous sceptical commentary on the matter, now offered an undoubtedly positive outlook…

Last week’s new piece of online poker legislation filed by Assemblyman Jones-Sawyer could have provoked some debates between Californian stakeholders, but the problem is that the opinions of the American Indian tribes are very different on a number of issues. Currently, none of the American Indian tribes that have political influence have backed the AB 1677, also known as The Internet Poker Consumer Protection Act. Unfortunately, this has not prevented the situation from becoming more problematic, especially considering the fact that the online poker legislation issue has been on the…

The Association of British Bookmakers in Scotland (ABB Scotland) revealed that it is to fund a new project launched by the trade body for bookmakers in the region. The project is aimed at dealing with the problem gambling behaviour among young people, due to which serious difficulties have occurred over the past few years. ABB Scotland revealed that it is planning to fund the six-month project. The Association has joined forces with the RCA Trust, a Paisley-based charity organisation, in order to provide 2,500 young people residing in the West…

The situation with the Daily Fantasy Sports (DFS) in Canada has been a bit complicated lately. The thing is that local players are not forbidden to participate in any online contests by the federal authorities, but the legislation’s provisions do not explicitly allow them to take part in such events. What is more, the Canadian Parliament has not been keen on making the DFS legality issues part of its agenda, despite the increasing presence of this industry. Currently, online gambling is considered as a legal grey area in the country,…