While countries, such as Myanmar are becoming more open to casinos and gambling, China remains steadfast in what they will and will not allow. China is making it difficult for companies to open new casinos in Hainan, but also want the integrated resorts that are there to earn a high revenue. The government is also relaxing a little about Macau, which shows in the higher revenue. China is banning social poker apps, which is going to be felt throughout Asia. The ban will begin June 1st. Many of the online poker operators are gearing up for the full impact the… Read More
News
Melco Resorts Buys 20 Electric Buses
Where negative news seems to follow Wynn Macau, Melco Resorts is gaining a favorable opinion. Melco Resorts and Entertainment posted impressive revenue for 2017, which is gaining investors. The analysts are not sure the stock price is worth it, but then again, the company is gaining in opinion with their newest move. Melco Resorts bought twenty electric buses, which will be used in Macau. The corporation is looking at the mass market visitors Macau is trying to attract. It is not just about the casino industry, but also about gaining more travelers to the island for shopping, relaxation, and entertainment…. Read More
High-Roller Client List Stolen from Casino
Stories about illegal casino busts are a dime a dozen. In January, a United States illegal casino bust occurred in Kansas, where local cops were the party of the problem. Australia has decided to kick out online casino operators due to troubling news, with fixing lotteries, hacking, and more. Plenty of bad things happen surrounding gambling, and that may be why certain countries refuse to change their gambling laws. When news like high profile thefts occur, it gets people thinking about cybersecurity and if they are safe. Darktrace is a UK cybersecurity company that looks for hacking activity. They provided… Read More
Pro Sports Athletes and Legal Betting Issue
Everyone wants to make money in gambling. If it is not Spanish online gaming operators looking for a nice payday, then it is someone else. US sports teams are backing a change in sports betting, but only if they get to take part in the gains. US states want to change the PASPA because it would allow legal sports betting, which is now based in Nevada only. The current gambling act for sports betting prevents legal wagers from being placed on professional sports unless a person makes these wagers in Nevada. Horse racing and dog racing wagers are legal, but… Read More