Archives for the 'Gambling articles' Category
Moscow Casino Ban Forces Storm to Open in Costa Rica
Storm International, Russia’s largest casino company, will open gambling venues in Costa Rica and Armenia this year and may abandon its home market because of restrictions, Chief Executive Officer Michael Boettcher said.
Russian President Vladimir Putin is forcing casinos out of Moscow and St. Petersburg to reduce gambling, exiling them to four regions outside the two […]
Sino-US gaming project to hire 5,000 in Macao
MGM Grand Paradise, a Macao-U.S. jointly invested gaming business, has vowed to hire some 5,000 employees, local media reported Thursday.
Macao Post Daily quoted sources from the enterprise as saying that the under-construction gaming resort is to start the hiring plan later this year.
MGM Grand Paradise was co-invested by MGM Mirage, an U.S. gaming giant, and […]
Caribbean region: Antigua-based casino backs space flight attempt
Antigua-based casino GoldenPalace.com has sponsored a Canadian group of rocketeers, hoping that the da Vinci Project’s Wild Fire rocket can capture the Ansari X US$10 million prize for the first private space flight in competition with the Paul Allen-backed SpaceShipOne team’s X Prize.
According to Tax-News, leader of the da Vinci Project - and its designated […]
Casinos legalised
PAPUA New Guinea has legalised casinos and other online forms of gambling in the country.
The last session of Parliament yesterday voted 61-0 in favour of the Gaming Control Bill Act 2007, introduced by Prime Minister Sir Michael Somare.
The Prime Minister said the new Act aims to make further provisions with the specific objective of bringing […]
Casino manager testifies
Trinidad & Tobago: The Turkish Manager of the Club Princess casino yesterday took the stand in the ongoing CCTV murder inquiry in the Port-of-Spain Eighth Magistrates’ Court.
Bahadir Gur, Manager of the Club Princess branch on Independence Square and Ozan Coskungur, the branch’s Surveillance Operator who is in charge of the casino’s closed circuit television (CCTV) […]
Casino gambling for Jamaica?
It seems quite possible that casino gambling will be a part of Jamaica’s tourism product sometime down the road as Prime Minister Bruce Golding seeks to permit licensing of such as a means to increase income to the country. This move has already sparked fierce opposition from church leaders who say casinos and gambling are […]
Global gambling revenue to hit $144b
LAS VEGAS - Global gambling revenue is estimated to hit $144 billion in 2011 after growing at an annually compounded rate of 7.2 percent a year, according to a PricewaterhouseCoopers LLP report being released Thursday.
Gambling revenue is expected to rise from $101.6 billion in 2006, driven by new casinos and upgrades of existing casinos in […]
Playboy announces big casino and shops in Macao Studio City
After selling men’s clothes and accessories in China for almost 20 years, Playboy Enterprise Inc will open a 40,000 square-foot entertainment complex, including gaming facilities and bunny-suited waitresses, in Macao in late 2009.
Playboy Mansion Macao will include dining, entertainment and retail shops, company Chairman and Chief Executive Christie Hefner said in Macao yesterday. It will […]
Macau economy surges as mainland gamblers crowd casinos
MACAU - On a Monday morning the gaming halls of Macau’s newest casino, the Grand Lisboa, are packed as punters from the Chinese mainland crowd the baccarat tables.
Most are dressed in jeans and trainers, but an abundance of luxury brand shopping bags reveal their rising spending power.
Chinese consumers and gaming liberalisation have made Macau one […]
Macau’s biggest corruption trial
Hong Kong - Macau’s biggest corruption trial began Monday as a former senior official appeared in court accused of corruptly amassing 100 million US dollars during his seven years in office. Ex-Secretary for Transport and Public Works in the southern Chinese gambling resort Ao Man-long faces 76 counts of taking bribes, money laundering and abuse […]