Maxim Smolentsev runs a pair of casinos in the Azov zone including the Shambala Casino. However, due to new legislation, he will be forced to close these enterprises by the final day of next year.
The man behind two casinos in Russia around the town of Azov is reportedly interested in opening a gaming facility in the recently-established Crimea gambling zone so long as authorities can guarantee that any such new venue would not be subsequently ordered to close.
Madrid, which maintains a claim to Gibraltar, considers it a "tax haven" and is opposed to "unfair competition" from the territory.
Last week, local authorities vowed to do "whatever it takes" to keep its position as a leading online gambling jurisdiction despite Britain's looming exit from the European Union.
The CEO of Melco Resorts & Entertainment, Lawrence Ho, said the company is considering to build a casino in Osaka rather than Tokyo because there are more opportunities to develop the smaller Japanese city as an entertainment destination.
According to figures released last week by the national regulator, the amount wagered rose from €516m in Q1 2016 to €633m in the first four months of 2017,
Solutions on display are designed to support Lotteries’ modernizationby focusing on digital technology and on the personalization of player experiences through all distribution channels and gaming verticals.
The Assembly’s Finance Committee established that the measure that would’ve dramatically increased betting taxes from 7.5% of revenue to 50% won't be allowed.
Lawmakers voted 32-0 to approve a bill amending a law that forbids casino employees from gambling at any of Ohio's four casinos.
The conference's panel is designed to point out the challenges of the new regulatory framework of the country, which became effective this year.
Vermantia joins the C-Level event to further expand its presence in Latin America and the Caribbean, following its dynamic entrance in Brazil, Jamaica and the Dominican Republic.
The purchase includes all of Mondogoal's intellectual property and client contracts. In exchange, Mondogoal receives a combination of cash on closing plus common shares of Global Daily Fantasy Sports, Inc. on an earn-out basis annually over the next three years
Under the current legislation, no gambling facilities can be operated outside Atlantic City. However, Jeff Gural -owner of Meadowlands Racetrack- said that his proposal to build a Hard Rock International Casino in East Rutherford can wait six years.
The leading provider of gaming services in the Baltic States has announced it has completed liquidation of its Belarusian subsidiary Olympic Casino Bel Ip.
Paddy Power Betfair is to close its office in Gibraltar and relocate elsewhere. A spokesperson said that after the merger, they bookmaker has been reviewing arrangements with the aim of simplifying and centralizing operations.
Illegal gamblers have forfeited over R1 million of their winnings to the State, according to Trade and Industry Minister Rob Davies.
The Chickasaw Nation has broken ground on a 36,000 square foot facility in Terral town in Jefferson County.
"Our purpose of attending Juegos Miami is to establish our position into the Latin American market and expand also further to the Caribbean."