Category ‘Casino news’

Schock wins $310,225

If Mitch Schock didn’t exist in real life, he’d have to be created by a fiction writer.
The man with the perfect name for a dynamic new poker champion just won the most recent World Series of Poker tournament, held at the Rio in Las Vegas. Schock electrified the record tournament field of 606 entries and [...]

Moody’s changes Las Vegas Sands rating

Moody’s Investors Service on Friday revised Las Vegas Sands Corp’s rating outlook to positive from stable and affirmed its Ba3 corporate rating.
The revision reflects greater confidence that Las Vegas Sands will be able to reduce its debt ratio, which is required for a one-notch ratings upgrade.
“Las Vegas Sands would also need to adhere to a [...]

Chartwell start platform to CAI

Chartwell Technology Inc., a leading provider of games, gaming systems and platforms for the regulated online casino gaming industry announces the deployment of its flash-based, online casino platform to Casinos Austria International (”CAI”), extending its client list to now include one of the world’s leading casino and gaming entertainment groups.
The Vienna based casino, gaming and [...]

IMG extends contract with Harrah’s and WSOP

IMG Sports & Entertainment and Harrah’s Interactive Entertainment, Inc. (HIE) today announced a four-year contract extension for global representation of the World Series of Poker (WOSP) property. Through the new agreement, IMG will activate its global network to help guide the international expansion of the brand, including sponsorship, event management, licensing and television distribution.
“We are [...]

Poll shows support for Ohio casinos

As reported by WKYC “A poll commissioned by eight Ohio newspapers has found strong support among voters for a November ballot proposal to put casinos in four cities.
“The Ohio Newspaper Poll, released Sunday, found that 59 percent of registered voters support Issue 3 on the Nov. 3 ballot, while 38 percent oppose it.
“Three percent were [...]

European Online Gambling Industry Bit by ECJ Ruling

What is clearly a short term blow to the European online gambling industry, the European Court of Justice has ruled that Portugal’s state-run betting/lottery services provider, Las Santa Casa de Misericordia, is warranted to exist as a monopoly if the general public welfare is at stake and measures are being taken to prevent and fight [...]

“Interactive” clubs springing up in Kiev

In common with Russia, the Ukraine imposed a draconian blanket ban on gambling earlier this year, but it seems that local operators are already developing workarounds, exploiting loopholes in the legislation to offer “interactive” action.
Local media report that only two months into the gambling ban, “interactive clubs” are springing up using offshore facilities. New clubs [...]

Rhode Island slot income drops

As reported by The Providence Journal “Net income fell in July at Rhode Island’s two slot parlors even as people gambled more money at Twin River and Newport Grand, according to the most recent Rhode Island Lottery data.
“‘[Gamblers are] probably cashing out sooner than they would have,’ in flusher times, said Sandra Lee, a Lottery [...]

Ohio gambling faces two new hurdles

As reported by the Dayton Daily News: “Efforts to expand gambling in Ohio took a double-barreled assault Monday, July 20.
“• LetOhioVote.Org, a newly formed committee, asked the Supreme Court to affirm the right of voters to decide whether video slot machines should be placed at Ohio’s seven racetracks. If the court agrees, the group will [...]

Malta is just one example of the adverse effect of discriminatory US laws

Malta’s Independent newspaper makes good weekend reading this week with an article by David Lindsay on the impact of US discriminatory laws against online gambling operators in licensing jurisdictions like Malta, Gibraltar and the UK, and to a lesser extent Ireland, Sweden, Cyprus and Austria.
European online gambling and betting companies left the US market in [...]