There is a chance that Japan’s Responsible Gaming Bill may be passed as early as the end of 2017, say analysts from Global Market Advisors. The passage of the bill however will be determined by the length of the extraordinary session, which experts are saying could be extended through December… Read more
Las Vegas Sands Corp, the parent company of Macau-based casino operator Sands China Ltd, announced on Wednesday that it will be investing US$1.1 billion in Macao over the next three years. The bulk of that investment – approximately US$700 million – will be used for rebranding the Sands Cotai Central property (pictured) into The Londoner […]
In Macau, the government has reportedly revealed that direct taxes from gaming for the first nine months of 2017 rose by 17.5% year-on-year to hit $8.54 billion and account for some 80.9% of all state revenues. According to a report from GGRAsia citing provisional figures from the former Portuguese enclave’s Financial Services Bureau, the period’s […]
Atlantic City is presently home to seven casinos after five shuttered their floors between 2014 and last fall in the wake of the US recession. Gambling expansion in neighboring states also played a role, as the new gambling venues presumably poached bettors away from New Jersey’s beachfront town… Read more
Forbes magazine recently released its newest rankings of the 400 wealthiest people in America, and two on the list have notable connections to the poker world. Sheldon Adelson and Andy Beal, both known by poker players for different reasons, cracked the top 45… Read more