Gaming Machines Make Scottish Bookies More Money Than Racing

Scotland’s bookies get more business from players using odds betting terminals than on those betting on the races according to statistics recently released.

Published February 9, 2015

Greek Casinos Continue Downward Spiral

Greece’s economic crisis plus a spike in illegal gambling are behind the continuing downslide in revenues at the country’s nine licensed casinos, including Casino Loutraki (l.). The gaming halls...

Published February 2, 2015

Romania to OK Online Bets

Romania’s legalization of online gaming may not be the windfall the government is hoping for. Critics of the new policy point out that Romanians’ appetite for gaming has dropped...

Published February 2, 2015

Czech Republic to Tax Rogue Gaming Operators

The Czech Republic is taking a hard line on unlicensed gaming operators in the country. The Ministry of Finance plans to levy a tax on the companies to compensate...

Published February 2, 2015

Olympic Casino Coming to Malta

Eden Leisure has signed a management agreement with Olympic Casino to operate Malta’s biggest casino. The gaming arm of Olympic Entertainment and Chairman Armen Karu (l.) is a leading...

Published January 26, 2015

Cyprus Readies Casino Approval

A bill to allow a casino in Cyprus has been approved by the Council of Ministers and presented to the House of Representatives for enactment.

Published January 19, 2015

Bookies Self-Police to Ward Off Regs

British bookmakers have come up with a novel approach to ward off increased government regulations: an all-out campaign against problem gambling. The multimedia campaign is being sponsored by the...

Published January 19, 2015

UK Researcher Warns Against Drawing Conclusions from Betting Stake Study

A researcher of a UK study that looked at how the size of stakes affects a gambler’s judgment says to be careful what conclusions to draw from the results.

Published January 19, 2015

Denmark Establishes Monthly Taxation

Starting next month, licensed operators in Denmark will pay duties for online betting and casino on the 15th of the month instead of weekly. The amendment was agreed to...

Published January 12, 2015

Catalonia: BCN World Still On Track

Despite the departure of main investor Veremonte, the mammoth BCN World project outside Barcelona will go forward, according to the regional government of Catalonia. The Generalitat and La Caixaa...

Published January 5, 2015

UK Gaming Tax Causes Uproar

One of the last independent bookmakers in London warns that he and fellow bookies could go out of business when a new gaming tax is levied this spring. A...

Published January 5, 2015

Andorra Considers Legal Gaming

The Andorran legislature is looking at a draft bill that would permit one casino in the European microstate, which already has a flourishing tourism industry.

Published January 5, 2015

Campaign Addresses Problem Gambling in Britain

Britain’s top gaming firms are behind a new campaign against compulsive gambling. The Senet Group, a unit of William Hill, Ladbrokes, Coral and Paddy Power, is behind a new...

Published January 5, 2015

Czech Republic Considers Gambling Tax Increase

A proposal from the Czech Republic Finance minister to increase the country’s gambling tax to 30 percent to 40 percent of gross win is scheduled to be considered by...

Published January 5, 2015

Barcelona’s Mega-Casino Complex in Doubt

The future of Barcelona’s $6 billion BCN World resort is looking shaky after its lead developer backed out of an option to purchase the land earmarked for the complex....

Published December 22, 2014

Jury Still Out on New UK Rules

Great Britain’s top regulatory agency says the country’s new tax and licensing requirements will be the best thing for its massive online betting market. Exchequer Secretary to the Treasury...

Published December 22, 2014

Cyprus Cabinet Fast Tracks Law Allowing for Casinos

Cyprus recently passed a law that allows for a sole operator to develop an integrated resort and up to four smaller venues. Each license will last 30 years, with...

Published December 22, 2014

Sky Bet Fetches Nearly $1 Billion

Europe-UK pay TV giant Sky has sold its massive Sky Bet gaming division to CVC Capital for the equivalent of $941 million, and the final price may well exceed...

Published December 15, 2014

Councils Lead England Crusade Against FOBTs

England’s powerful Local Government Association is “frustrated” by the proliferation of betting shops nationwide and is demanding greater powers to control licensing. Electronic table games are the focus of...

Published December 15, 2014

Cyprus Casino Attracts Attention

Caesars Entertainment was named by local media reports in the Greek-controlled southern half of Cyprus as one of several American and Asian casino operators exploring a Cyprus casino.

Published December 8, 2014