The new Melco Cyprus Casino in Limassol has welcomed over 7000 visitors since it opened it doors on June 28, but the operator has been expecting much more footfall. Competition from casinos in Northern Cyprus seems to be the cause of the problem, as well as local gambling laws. Competition from Up North This is the first casino in Southern Cyprus, and it is facing competition from over two dozen casinos in the north. Casinos in the Turkish Republic of Northern Cyprus adhere to vastly different gaming regulations, and many of them provide players with free alcohol and tobacco. Another… Read More
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Paraguay’s Sports Betting Regulations
Macau is the place most people think of when they of a gambling mecca that or Monte Carlo. Recently Macau announced a cleanup of their sector by arresting loan sharks. Macau is not the only country that wants to make the laws and regulations clear. Paraguay is also cleaning up their gambling industry. Paraguay is now enforcing the new sports betting monopoly. However, companies do not want to leave the area. The new laws are making companies have to close and leave the shores of Paraguay, but rather than just going they are fighting. The National Commission of Games of… Read More
Trends in Casino Entertainment
Buying buses for mass-market gamblers is one way casinos are trying to attract more players, especially in Macau. However, when it comes to entertainment there is a whole string of different options, some of which are more successful than others. Valley Forge is offering wedding packages. Andrew Klebanow was interviewed recently and discussed what some of the land-based casinos are doing to maintain their competitive edge. Online gaming portals can take a huge chunk of revenue from brick and mortar facilities. In the past, players needed to drive to casinos, sometimes for miles to have fun. With online venues it… Read More
Macau’s Police Cast a Loan-Sharking Net
Macau’s target audience has changed since the Chinese government started their crackdown. Casinos are targeting mass market gamblers instead of VIPs. But, the crackdown is far from over. Loan sharks throughout Asia, including in Macau tend to imprison debtors until their family will pay. Macau is attempting to root out all the loan sharks conducting illegal business and put them in prison. The latest situation occurred on Thursday, June 28, 2018. Police arrested 113 suspects, who are thought to be involved in loan-sharking. The Judiciary Police have worked hard in Macau to find the individuals who are involved in loan-sharking…. Read More