Rank Group Remains on Yearly Projections

Rank Group has issued a trading update saying it remains on pace for its yearly projections despite facing tough “venue conditions” in 2017.

Published October 30, 2017

NagaCorp to Break Ground in Primorye

Cambodian casino operator NagaCorp has announced it will begin construction of its resort in Russia’s Primorye economic development zone sometime next month. Phase I of the resort will include...

Published October 23, 2017

Reform in the Air in Greece

The government is reported to be considering lowering the tax on land-based gaming in hopes of luring foreign investors to a resort project outside Athens at the city’s former...

Published October 23, 2017

Dutch Gambling Act Moving Ahead

The Dutch Gambling Act which would regulate online gambling has faced obstacles since it was submitted in 2014. But Henk Kessler (l.), vice chairman of the Netherlands Gaming Authority,...

Published October 23, 2017

British Lawmaker Wants Review of Video Game ‘Loot Boxes’

British lawmaker Daniel Zeichner (l.) has called for a review of “loot boxes” in video games saying the practice—which can lead to skins betting—could be influencing minors to take...

Published October 23, 2017

Ladbrokes Coral £70 million Tax Case Goes to Appeals Court

Ladbrokes Coral Plc will try to reverse a £70 million tax judgment against it in the UK Court of Appeal. The case stems from the UK Revenue & Customs...

Published October 23, 2017

Belgium to Tighten Gambling Ad Code

Belgium’s government plans to implement a stricter national gambling advertising code including a ban on gambling ads during live sports broadcasts. The code would also limit the number of...

Published October 23, 2017

Asian Gaming K8 Looks to Buy UK Football Club

Asian gaming company K8 is looking to acquire Wigan Athletic, a League One football club in the UK. The acquisition price is expected to top £20 million. The league...

Published October 23, 2017

Greece Lowering Casino Taxes

According to the Ekathimerini news agency, Greece will lower taxes on casino slots and table games from the current 30-37 percent to 25 percent or lower. Officials, previously worried...

Published October 15, 2017

Genting to Sell Maxims in London

Malaysian gaming giant Genting International will sell Maxims, its upscale casino in London’s Kensington section, asking $53.6 million. The company has owned the members-only club since 2007.

Published October 8, 2017

Another Casino Planned for Primorye

Russian gaming operator CJSC Shambala just got the thumbs-up for a planned casino resort in the Primorye Integrated Entertainment Zone, near the port city of Vladivostok in Russia’s Far...

Published October 8, 2017

UK Bookie Backs Curbs on FOBT Bets

Breon Corcoran (l.), CEO of Paddy Power Betfair, said in a recent interview that he supports lowering wage limits on fixed odds betting terminals. UK bookmakers are expecting a...

Published October 2, 2017

Primorye Plots Up for Grabs

The Primorsky Krai Development Corp., which oversees casino development in the Russian Far East, has received no official bids for parcels to be auctioned for casino development. The Tigre...

Published October 2, 2017

Betting Regs Defeated in Germany

The country has been trying for five years to bring its gambling regulations into line with EU free-market policy. They have yet to win the necessary buy-in from all...

Published October 2, 2017

Netherlands Plans Gaming Tax Hike

The government of the Netherlands wants to temporarily raise the country’s gaming tax rate from 29 percent to 30.1 percent. Lawmakers say the rate hike would take effect in...

Published October 2, 2017

Lawrence Ho Cuts Russia Stake

Melco Entertainment’s Lawrence Ho (l.) has sold off shares of Summit Ascent Holdings, developer of the Tigre de Cristal resort in Russia’s Primorye region. The casino magnate is said...

Published September 25, 2017

Reprieve, For Now, for Struggling Greek Casino

The Porto Rio Casino (l.) in the west of the country has been given back €89,000 to stay in business while unpaid workers and creditors try to reach a...

Published September 25, 2017

Andalusia Approves Sports Betting Legalization

The Governing Council of Andalusia, Spain has approved the Andalusia Gambling Regulations, which covers gambling in the autonomous territory. The rules include strict player protection measures and supplement Spanish...

Published September 25, 2017

Svenska Spel Sees Strong Growth

Sweden’s state-owned online gambling operator Svenska Spel saw double-digit growth in the first half of 2017. However, figures released by Swedish regulators show international sites still drew more revenue...

Published September 25, 2017

Melco Gets OK to Take Over Cyprus Project

Melco International Development Ltd. has won approval from the government of Cyprus to assume Hard Rock’s stake in a casino project now in the pipeline for the Greek-controlled republic.

Published September 18, 2017