Tag: gaming

Sports bettors take Pennsylvania casinos to the cleaners

Pennsylvania’s nascent sports betting market reported handle and revenue declines in February, despite an increase in the number of casino sportsbooks taking wagers. Figures released Monday by the Pennsylvania Gaming Control Board (PGCB) show the state’s six licensed casino sportsbooks handled wagers worth $31.5m in February, while betting revenue...

Russia’s Tigre de Cristal casino revenue dips in 2018

The Tigre de Cristal casino in Russia’s far east Primorye gaming zone reported a slight gaming revenue decline in 2018, but the company that controls the property still managed to turn a small profit. On Monday, the Hong Kong-listed Summit Ascent Holdings – which holds a 60% stake in...

Angel Holdings-GPI merger completed after shareholder approval

A merger that has been in the works for almost 4 months now was finally completed on Friday with the stockholders of Gaming Partners International (GPI) agreeing to the merger with Angel Holdings. This fully completed the merger which was first reported by our site on November 29 of...

Racing Post B2B well represented on Betting on Football panels

Monday 18th March, 2019 – The sixth edition of SBC’s Betting on Football is only around the corner with over 2,000 industry leaders descending on the home of Chelsea Football Club, Stamford Bridge on Wednesday 20 March. The event will see over 200 experts speak on the key topics affecting...

UK ASA bans gambling advertisement for advertising gambling

It’s unfathomable that a gambling company could create an advertisement to promote gambling. The nerve of some people! However, that’s exactly what has happened in the UK and the country’s Advertising Standards Authority (ASA) has decided it had to intervene and force the gambling company to not advertise gambling...

Maryland won’t see sports gambling this year

Any chance of sports gambling making it to Maryland this year is officially dead. A bill that would have allowed the activity in the state will not be considered before the end of the legislative season, which means Marylanders will now have to wait at least two years before...

Kazuo Okada launches own YouTube channel, announces $890K giveaway

He may be 77 years old, but Kazuo Okada is trying to show that it’s never too late to become hip. The casino mogul, who has spent the past several years trying to regain control of the company from which he was forcefully removed, is now turning to social...

Pennsylvania to get first satellite casino, locals not happy

Penn National Gaming have been given the green light to launch a satellite casino in the Pennsylvania town of Morgantown. The Hollywood Casino Morgantown will be the state’s first satellite casino and is expected to produce as much as $94.3 million for the local economy, but the approval has...

New bill in Ohio attempts to open state’s sports gambling market

A bill is currently making its way through Ohio’s legal obstacle course in hopes of bringing sports wagers to the state. Senate Bill (SB) 111 would allow sports gambling in the state’s casinos and racinos, as well as in other venues that offer video lottery terminals. As has been...

Macau continues to rake in gaming tax revenue

Macau saw its tax revenue from gaming increase by almost 14% in 2018 over the previous year’s take and this upward trend has continued as 2019 has gotten underway. According to data provided by the city’s Financial Services Bureau (FSB), direct taxes on the gaming sector were up 4.8%...