Resorts World Genting reopens its doors since January

Resorts World Genting will resume its operations under strict regulations to maintain safety On Tuesday, The Resorts World Genting (RWG) Malaysia reopened its doors after being “temporarily shut” from January 22, coinciding with the introduction of Ismail Sabri Yaakob’s COVID-19 counter measure – Movement Control Order (MCO).

The $1billion hotel casino

Suncity Group announces US$1billion price tag for their hotel casino inside the Manila IR scheme The largest junket operator in Asia, Suncity Group Holdings Limited, stated in a Wednesday filing to the Hong Kong Bourse, that its “main hotel casino” at the West side City Project, located in Manila’s Entertainment City, is set to cost…

Shambala Casino under investigation by Primorskoe OFAS Russia

Ilya Machavariani and 4H Agency give their insight on the Shambala Casino investigation The Primorskoe OFAS Russia are conducting an investigation on Russia’s second casino in the Primorye gambling zone – the Shambala casino ­– on the grounds of misleading advertising as their promotions did not outline the conditions for a series of discounts. The…

Is investing in gambling and casino stock worth it?

Looking to diversify your portfolio? Here is our guide to understanding gambling and casino stock investment While 2020 could be categorised as a high-risk year for the equity market, recent movements spotlight the rapid growth and potential witnessed across the gambling and casino stock market. We highlight the most transcending gambling and casino stock traders have their eyes on – with the potential for a bull run in 2021. All data and…

The Dutch Gaming Authority finalises guidelines ahead of online gaming launch

KSA has amended the Act on the Prevention of Money Laundering and Terrorist Financing in response to the legalisation of online gaming The Dutch Gaming Authority, KSA, has amended the Wwft Guideline ahead of the entry of the Remote Gaming Act on April 1 2021. Online games of chance will also be subject to The…

Let the on-line guys take over

In this article Tim Cullimore reassess the current relation between land-based and online operations Tim Cullimore is the Operations Director for London Gaming, a trusted advisor and consultant to land-based and online gaming operators for over 10 years. He specialises in restructuring, defined term operational management, compliance and procedures, AML and social responsibility coaching, as…

Ash Wednesday sees former Trump Plaza and Casino turn to dust

Atlantic City sets 17th February as blow up date for former Trump Plaza and Casino On Friday 22nd, Atlantic city leaders revealed the demolition date for the former Trump Plaza and Casino built by former president, Donald Trump. The casino will be imploded on February 17th.

Casino Canberra not eligible to claim Australia’s JobKeeper scheme benefits

Aquis Entertainment announce ineligibility for Australia’s JobKeeper scheme after reporting strong Q4 2020 figures during the pandemic Aquis Entertainment, owner and operator of Casino Canberra, have made a statement on their ineligibility to lay claims to Australian Capital Territory (ACT) Government’s COVID-19 JobKeeper scheme following their strong Q4 comeback amidst the pandemic. 

First Ukrainian gambling licences to be issued by the end of this month: what you need to know

Artem Kuzmenko, Head of the Gambling Committee of the Ukrainian Advocates’ Association and Partner at Eterna Law, gives SiGMA News his latest updates on the status of casino legislation in Ukraine The licensing conditions that came into force on December 30 opened an opportunity for the Commission for the Regulation of Gambling and Lotteries (hereinafter…

Hard Rock to open new London casino after acquiring The Ritz Club casino licence

Hard Rock International have their eyes on London as they set to open a new casino after acquiring The Ritz Club casino licence Hard Rock International are set to open a new London casino after acquiring a premise licence from The Ritz Club in London, which had closed permanently in May 2020 due to COVID-19…