Tuesday, August 31, 2010

Galaxy Will Accelerate Casino Resort Project in Macau to Tap Gambling Boom

Galaxy Entertainment Group Ltd., the casino operator part-owned by Permira Advisers LLP, plans to invest an additional HK$800 million ($102.8 million) to speed up construction of a Macau casino resort to tap a gambling boom.

The money will be spent on raising the number of rooms ready when Galaxy Macau casino resort opens early next year by more than 50 % to 1,400, Chairman Lui Che Woo said in Hong Kong today. The new commitment will bring the total investment to HK$14.9 billion, according to a statement.

“What we have seen from Okura, Banyan Tree and the market in general, there is a demand to fill: We have the opportunity to open the rooms sooner, we are moving ahead to do so.” Chief Operating Officer Michael Mecca said. Revenue may increase 40 percent in the second half, he said.

Sales rose 61 % to HK$8.57 billion in the 6 months ended June 30, Galaxy said. Visitors from mainland China to Macau, the only city in the nation where casinos are legal, surged in the period. Gambling revenue in Macau climbed 67 % in the first six months of the year to 86 billion patacas ($10.7 billion), the Gaming Inspection and Coordination Bureau said last month.

Monday, August 30, 2010

Groups prepare for battle over proposed Gettysburg casino

GETTYSBURG -- The numbers are amazing, and show how deep the emotions run on both sides of the Gettysburg casino issue.

More than 400 individuals and groups have signed up to speak -- some pro, some con -- at a public hearing this week on whether the state should license a gambling parlor containing 600 slot machines and 50 table games just south of the Gettysburg National Military Park.

A few speakers are strongly opposed to a casino, calling the historic area "hallowed ground" because of the many Union and Confederate soldiers who died during a 3-day battle in early July 1863.

But supporters say the area needs the 900 or more jobs and local tax revenue that would be generated by the Mason-Dixon Resorts Casino, as it would be called (because it's only a couple miles north of the Pennsylvania-Maryland border). They argue that a casino would boost, not decrease, the large number of tourists who each year visit the national park and the historic town.

Thursday, August 26, 2010

A Weekend Full of Bonuses at Lucky Red Casino

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Wednesday, August 25, 2010

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Monday, August 23, 2010

Online Gambling Fans Place "Nostalgic" Big Brother Bets


Tomorrow's final brings down the curtain on 11 series of Big Brother.
One bookmakers has told how it has taken a significant amount of money, including several four-figure bets, on tomorrow's (August 24th) Big Brother final.

William Hill says almost all the wagers have been backing 1/10 hot favourite Josie, with the 12/1 on offer for joint-second favourites Dave and Mario relatively untouched.

Those looking for a slightly larger return might forecast the first and second positions, with Josie followed by Dave and Josie leading Mario both rated as 5/4 chances.

"With tomorrow marking the end of an era, we’re getting quite a few nostalgic punters lumping on the Big Brother finale," says the bookmakers' spokesman Joe Crilly.

He is, of course, referring to the fact that this year's series is to be Big Brother's last, with Channel 4 planning to axe the show.

Since starting in 2000, its winners include the likes of Brian Dowling, Kate Lawler, Craig Phillips and Sophie Reade.

Live Online Casino Company Gets new Sr VP

Waiting in line for lottery tickets can grow exhausting, however the Arkansas Lottery Commission has approved a set of rules that would bring automated vending machines the state.

To operate the machines, players will have to adhere to a few restrictions. In order to even use the machines, a state issued identification card must be swiped through the machine.

Minors gambling illegal was one of the major concerns held over the machines in the state. The Arkansas Lottery Commission has put the ID requirement in place in order to quell the rising apprehension towards the machines.

Despite the regulations that have been put in effect, opponents are still working to have the machines made illegal.

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Friday, August 20, 2010

B.C. online casino relaunched after privacy breaches


VANCOUVER — The British Columbia government has fixed its online gambling site, which was shut down due to a privacy breach, officials confirmed Thursday.

PlayNow.com, the first government-sanctioned online casino in North America, was taken offline a few hours after it was launched on July 15 and it was relaunched on Thursday evening, after approval by both the province's Gaming Policy and Enforcement Branch and the B.C. information and privacy commissioner.

Officials from British Columbia Lottery Corp. said that 134 accounts were left exposed and open to any other player to access, whereas 12 accounts had "a measure of sensitive, personal information viewed by another player."

But on Thursday, BCLC CEO and president Michael Graydon said in a news statement that the privacy problem has been fixed; an external review by consulting firm Deloitte found that the information was leaked due to a flaw in the software.

Wednesday, August 18, 2010

The Average Online Casino Jackpot Set to Break the $1,000,000 Barrier by 2018


GIBRALTAR, August 18, 2010 -- Growth in online gambling industry fuels surge in casino jackpot prizes with over 1000% increase since 1998 seen among many online casinos.

Industry watchers predict that average jackpots for online casinos are set to break the $1,000,000 barrier by 2018. Exponential growth in jackpots is set to continue due to 3 key factors; growth in the industry itself, the success of individual casino groups also the networked approach to generating jackpots which is uniquely scalable in the online industry. For instance, Gaming Club the world's first online casino, http://www.gamingclub.com, has been live since 1994 and its first major jackpots averaged $5,000, this year its jackpots will average $50,000, and is likely to continue rapidly growing in the coming years.

The driving force behind this is the 'networked progressive jackpot'. Progressive jackpots are jackpots which are generated by taking a small percentage of each every single wager to add to a central pot. Because the casinos are all online, you can very quickly network thousands of them together across the world to have a huge central pot for a lucky winner to win.

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Monday, August 16, 2010

Online Casino Gambling :Gettysburg Casino Gambling Plan Has Backing Of Preservation Group


British Columbia may have started the biggest online gambling movement of the current generation when they announced they would be offering Internet gambling to their residents. Now, Canadian provinces are lining up to follow B.C. into the online gaming industry.

Alberta and Ontario officials have made comments in recent months suggesting that they’re both willing to examine the possibility of online gambling regulations and the two provinces seem to be taking an if rather than when attitude towards online casinos.

Saskatchewan has now become the latest province to throw their name into the mix. The Saskatchewan government is moving slowly and ensuring that all precautions are taken before moving into the online gambling industry.

Saskatchewan will have experience to draw from when it comes to gambling. Already, 2 land based casinos exist in the province, leading residents to understand the dangers of casino gambling. Gaming Minister Ken Cheveldayoff believes it is time to keep Internet gaming revenue in the province.

"We're open to the idea," said Ken Cheveldayoff. "We want to learn more about it." If the province does become serious about advancing into the industry, there likely will be political pressure to come up with details on how problem gambling and other potential problems will be controlled.

Ken Cheveldayoff estimates that $40 million is spent annually by Saskatchewan residents at offshore online gambling sites. The Gaming Minister is hoping the province can give residents an option where that $40 million can stay within the borders of Saskatchewan.

British Columbia has already launched their gaming site, PlayNow.com, but the B.C. Lottery Corp. had to pull the site down just hours after launching because of a security breach issue.