The government of Macau has reportedly refreshed the long-held license giving Macau Slot Company Limited the right to operate local instant lotteries and sports wagering for another three years. According to a report from GGRAsia, the 36-month extension is to expire in June of 2024 although the company has conversely been stripped of a previous-held […]

Officials in Macau have reportedly reacted to a small outbreak of the coronavirus pandemic in neighboring Guangdong Province by introducing a raft of new health measures for people visiting any of the enclave’s many hotels and casinos. According to a report from Inside Asian Gaming, the new rules also apply to restaurants and guesthouses and […]

Genting Group-owned hospitality and casino brand Resorts World has announced that construction of its planned video lottery casino in the Newburgh Mall in Orange County, New York is expected to start this summer and could open in early 2022. The new 90,000 square foot gambling hall, the location of which was disclosed in early February, is […]

The court gives its verdict

A UK High Court has provided some relief for gamblers impacted by the collapse of soccer betting company Football Index. As per a new court order, the operator must reimburse some of its customers with funds totaling £3.2m ($4.5m).

Administrator Begbies Traynor LLP applied to the Business and Property Courts of England and Wales earlier this year on behalf of Football Index parent company BetIndex. The rescue and recovery specialists hoped to determine how Football Index should distribute money from its player protection account.

Football Index released a s

Germany may be under lockdown right now, but plenty of Germans are heading offshore these days – for their online gambling needs anyways. According to a study recently published by the Handelsblatt Research Institute, as much as 40 percent of German online gambling action is heading offshore. An onerous tax system that eats away at any potential winnings is the likely culprit behind the mass exodus from regulated play to offshore action.

Professor Dr. Bert Rürup, president of the Handelsblatt Research Institute, which conducted the study, said that Germany’s proposed 5.3 percent turnover tax

Update June 9, 2021: An arrest report has identified the man reportedly behind the Cosmopolitan casino cage robbery as Ronald Allison, 51. It describes a male suspect writing in a notebook while queuing at the casino cage, and later placing loose change and a duffel bag at a teller’s window counter. He held up a note to the teller with the words “Give me 10k purple or Boom.”

The teller hit a panic button while proceeding to hand over the chips to the suspect, who fled on foot. Available video surveillance footage led police to apprehend Allison at the Waldorf Astoria, where he was hiding.

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Asian American vs LVS

US-based casino company Las Vegas Sands (LVS) secured a license in the Chinese gambling hub of Macau more than a decade ago. Now, the operator is facing a lawsuit for dropping its initial partner in the license application process.

demanded 70% of LVS’s profits from the Chinese territory

As reported by Reuters, Asian American Entertainment Corporation is suing LVS for approximately $12bn in a Macau court. The Taiwanese company, headed by businessman Marshall Hao, has demanded 70% of LVS’s profits from the Chinese territory between 2004 and 2022.

The dispute ce

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Everyone gambles at least semi-regularly in their life. Gambling does not just exist in casinos and sports betting rings. Essentially, gambling boils down to staking something over an uncertain outcome. The average person takes these 50-50 risks more than they would like to admit. But casino gambling is different, primarily because it is never a 50-50 proposition. The mantra of successful gambling is to take a calculated risk. But you need to remember a few more principles and no-no’s of gambling if you are to become a career gambler. These might sound simple in theory, but most casual gambler