While a record breaking revenue of $38 billion for the fiscal year 2012 has been recorded in Macau in respect of its gambling activities; the first trading day of the new year, i.e. 2013 witnessed a steep hike as far as many of the casino operators of Las Vegas are concerned. The Wynn Resorts Ltd. has reportedly been ranked first amongst the operators by improving the position of its shares at $5.58 with a close on the Nasdaq at $118.07 Read More...!!
The adverse circumstances and tough state of affairs call for strong decisions to be taken by any concern to get up once again from its dying situations. The same has been decided by the plagued Zynga that has preferred to go ahead with its cost-cutting plans by way of throwing certain games out of its big assortment of gaming products. With a view to soothe their loyal players, Zynga has chalked out plans to facilitate free bonuses of Read More...!!
The terms and conditions of the Texas Gaming Act of 2013 would be on the agenda of the lawmakers of the state when the meeting is held again on 8th of this month. In fact, the act was first proposed in December, 2012 by Eddie Rodriguez (D-Austin), the state senator.
There will be complete prohibition on the online poker while the poker games through the physical casinos would also be regulated through this latest poker Read More...!!
It is an open secret that the trading concerns depend much upon the celebrities for promotion of their business as the latter are a source of great advertisements and the public at large is after them like mads. That is true of the great personalities like an A-list celeb at a gambling trade show. The world renowned concern, OpenBet invited The Hoff that resulted in plenty of people to be at the G2E 2012 show asking for autographs, Read More...!!
The online gambling industry owes much to the advancement of know-how that moves upwards with a great speed. The operators in the field of internet betting have to keep themselves updated as per the latest developments that take place in mobile and other related aspects. Hereunder are ten most renowned features of the technology that have come around the past year.
The Read More...!!
The executive director of marketing at Hooters, Arnold expressed that they are moving ahead with giving a facelift to their much loved hotel-casino that is much like the Hard Rock in terms of its size a decade back when it was under the control of Peter Morton. The small sized property with 696 rooms and 30,000 sq ft casino space is a place of attraction for all. The director of communications and business development of the Read More...!!
The month of March in the year 2003 saw $39 million that was bagged through the highest jackpots in Las Vegas at the Excalibur, disbursed by IGT that introduced the progressive product line in 1986 through the MegaJackpots series via the slot game. As many as 1,400 fortunate guys have turned out to be millionaires who have walked away with the massive amount of over $5 billion through such gigantic jackpots.
It was Read More...!!
The casino of New York City has earned largest amount of money as compared to any other casino in USA in its preliminary year. Within a period of 2 years and 2 months, Resorts World New York casino which is under the possession of Genting produced $700 million. This income is generated exclusively from the slot machines and there are bright prospects for future growth. It Read More...!!
The constant increase in the number of users getting attached with mobile networks in Macau has an alarming effect on the operations of casinos too. The controllers of gambling in Macau have reported that there has been a little betterment in the number of total users of mobile. As per reports of DSRT, there were 1.54 million users of mobile in October 2012 which rose to 1.57 million in November end. At the same time, the volume of Read More...!!
Though Antigua had successfully made its way more than half a decade ago to get the sanctions imposed upon the United States for harming their online gambling industry, yet it is still burning with fire in its belly as USTR, the US Trade Representative has not given their nod to hold any dialogue with them. As such, Antigua is left with disappointment because of the indifferent attitude of the USTR that does not seem to go ahead with Read More...!!
The lawmakers of New Jersey sent the intrastate online gambling bill to the office of Governor Chris Christie a short while ahead of Christmas. Now Chris Christie is being stressed by public via Senators to increase the chances of signing of the gambling bill by the Governor. Steve Sweeney-the President of council along with Ray Lesniak, Jeff Van Drew and James Whelan-the co-supporters of the bill sent a written correspondence to Chris Read More...!!
Gambling is a source of entertainment and fun but the problem gambling is a nuisance in itself. A survey was conducted by the University of Connecticut in the year 2005 that claimed that as many as 60.4% pathological gamblers could not survive without nicotine that has taken over them. The drug use disorder has its full control over 38.1% problem gamblers while 73.2% were under the alcohol use disorder. Then there is the survey that was Read More...!!
Alam Gapura Group Sdn Bdh of Malaysia is all set to invest more than $6b towards tourism, road & rail network development in the territory of Kapchagai where the KazVegas plan would take shape through the Altai, Kazakhstan authorities that intend to put up two gambling districts. Kapchagai, the biggest town of the state is expected to be linked with Almaty through air route as well as 104km long road for which the Malaysian giant is Read More...!!
Gambling in Macau in China has been prevalent as back as the eighteenth century when it was under the Portuguese majestic rule. It is the only region where gambling has been recognized legally by the authorities. In fact, the government has depended much upon gambling in terms of revenues of Beijing that could not pull on without this mode of entertainment that generating high income. The authorities themselves intended to do away with Read More...!!
Bally Technologies, the Las Vegas based Video Lottery Terminals supplier has signed an agreement for providing six hundred fifty VLTs to the Saskatchewan gaming concerns. Five zones of Canada are on its targeted list of prospective trading of the VLTs. The terms and conditions of the G2S practices would be followed by Bally that would act as per the guidelines of Gaming Standards Association.
High-tech Read More...!!