Tag: casino
Malaysian Casino Raid Nets 33 Arrests
On June 21st 2015, it was reported that in Subang Jaya, police detained 33 gamblers. These gamblers included college students from Singapore, Italy and Iran. The raid came in the early morning after a tip off from the public on the 20th. It has been said by the Oriental Daily that the police seized a total of RM29 000 in chips, cash and gambling tools. The police also confiscated the student cards that belonged to the foreign students. The illegal casino that was being operated on the top floor of the building was stormed by a police team of 18 that…
Casinos Industry in US: Big Plans for 2016
The $240 billion U.S. gambling industry is looking to bolster its political influence with a national effort to mobilize workers behind its policy agenda heading into the 2016 elections. The American Gaming Association (AGA), a trade group representing mainly casinos and lotteries, boasts a growing membership covering 40 states, and the trade group’s leadership vowed Wednesday to increase its clout in Washington, despite the loss of retiring Sen. Harry Reid (D-Nev.), an influential congressional ally. “We’re going to be more active in political discussion,” MGM Resorts International CEO Jim Murren told reporters Wednesday at the AGA’s shiny new D.C. digs….
Land Based Casino Revenue Boosted by Online Gambling
States that draw revenue from casinos should regulate online gambling, as online has a complementary, not cannibalistic, effect on land-based gambling. That’s one takeaway from a recently published study entitled “Consumer spending in the gaming industry: evidence of complementary demand in casino and online venues” penned by gambling experts Kahlil S. Philander, Brett Abarbanel and Toni Repetti for International Gambling Studies. The authors advise that “US operators should recognize the positive value that online gambling can have with relation to their online operations,” suggesting that operators are best served integrating online gambling as part of their overall offering, as opposed…
New Jersey Governor Favors Expanding Casinos
Gov. Chris Christie says he’d be in favor of approving partnerships of the kind soon to be announced between the Florida-based Hard Rock gaming company and the Meadowlands Racetrack for a casino in north Jersey — as long as tax revenues from such ventures would help pay to revitalize ailing Atlantic City. Speaking on his monthly radio show, Christie said that while no one had presented the proposal to him, he had heard “rumblings” that the state Legislature planned to place the idea on the November ballot for a statewide referendum on expanding gaming to the northern part of the…
IGT Inks Germany Casino Deal
International Game Technology (IGT), the new company formed by the recent merger of GTECH and Legacy IGT, is to provide technology for the new Niedersachsen Jackpot Wide Area Progressive (WAP) at Spielbanken Niedersachsen casinos in Germany. Under the agreement, which will feature 56 machines across 10 properties, IGT will work alongside Spielbanken Niedersachsen to provide the operator with tailor-made solutions for their players. IGT will brand games so that they harmonise with Spielbanken Niedersachsen’s own corporate identity, in addition to developing a new mathematic formula to fit in with the operator’s specific requirements. Once complete, customers will have access to…
AGA Teams Up with Law Enforcement
At a gathering of the nation’s top law enforcement officers today, American Gaming Associations (AGA) President and CEO Geoff Freeman invited attorneys general, police chiefs and other top law enforcement officials to partner with the AGA in its “Stop Illegal Gambling – Play it Safe” initiative to crack down on illegal gambling operations across the country that harm consumers, steal jobs and deprive state and local governments of revenues that pay for vital public services. Freeman spoke at Beau Rivage in Biloxi during the National Association of Attorneys General (NAAG) Presidential Initiative Summit. “Legal and regulated casino gaming in America is…