World’s leading gaming software magnate Playech will acquire FX brokerage technology firm CFH Group for $120 million. Playtech confirmed the news that it is set acquire 70 percent of the CFH Group upon completion of the acquisition and rest of the 30 percent will be decided after a meeting in between Playtech and CFH’s management… Read More »
A Report released by Australian Crown casino says that one of 18 Casino employees arrested in China for doing “illicit gambling crimes” is released from detention. The report however does not provide any further details that why just one of their staff is being released and why not another 17. The report says that Jenny… Read More »
Offshore casinos operating in Goa are currently having a lesser footfall to their casinos after a demonatisation of high value notes by Indian Prime Minister Mr. Narendra Modi. Narendra Modi, the prime minister of India hit hard on Wednesday by announcing that high value notes like Rs 500 and Rs 1000 will be no legal… Read More »
After the news spreads that Japanese government and authorities are looking to transform the gambling rules of the country, Hard Rock Café international Inc. is looking to make a “Major invest” in Japan. The U.S based casino is eyeing for partners in the Japan to jointly bid for a license in the country to operate… Read More »
The new $4.4 billion Wynn Casino in Macau founded by billionaire Steve Wynn is doing a bit slow in terms of making profit than it was expected by some industry analyst. The new casino property has failed to generate a high volume of revenue from the former Portuguese colony. Wynn Casino Macau limited posted a… Read More »
James Murren, the chief executive officer of the Las Vegas Based MGM resorts international said on Monday that the company could plough a whooping $10 billion in to Japanese casino using real estate terms. Casinos are currently illegal in Japan, but Abe’s government and Tokyo are making their efforts to legalize casino industry to attract… Read More »
Casino operators in Macau have been warned to obey local laws by Macau Gaming Inspection and Co-ordination Bureau. The inspection and gaming co-ordination team had a meeting with top six major gaming operators in the city including Melco Crown Entertainment, which is backed by billionaire James Packer. The meeting was held in between local gaming… Read More »
Everyone in Las Vegas knows that Chinese gamblers are specific and they love to gamble with decent money. Their love towards Baccarat, poker and slot is not unknown to any casino operator in Atlantic City. But until now none of casino operator of Vegas city has made a casino place especially for Chinese gamblers. To… Read More »
Japan finally is adopting gambling policy and it is about to approve a long awaited gaming bill that will transform the country into an international gaming destination and will create benefits to stumbling economy. It is well known fact that gambling is illegal in this part of the world, but betting is widely accepted in… Read More »