| Be vigilant when dealing with Kerzner, gaming chief tells Britain | | Posted Sunday, February 04, 2007 2:54:41 PM by Blog57 Team | | A former chief gaming overseer on America's tribal lands has urged the British government to be vigilant in its dealings with Kerzner International - the Bahamas-based gaming empire hotly tipped to build Manchester's proposed supercasino. Run by South African billionaire Sol Kerzner, the gaming company has properties as far afield as Dubai and Morocco. But in the US, Mr Kerzner has stirred up anger over its involvement in one of the country's biggest casinos - the 300,000 sq ft Mohegan Sun on land owned by the Mohegan native American tribe in Connecticut. .... | |
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| | | Detroit gaming numbers up | | Posted Saturday, January 13, 2007 1:00:02 PM by Blog57 Team | | DETROIT, Michigan – As reported by the Detroit Free Press: "The city's three state-licensed casinos took in $1.303 billion in 2006, Michigan regulators said Friday. The 6.1% increase came in a year when the competing Casino Windsor had to ban smoking under a new Ontario law. "Michigan's 12.1% wagering tax brought in $158 million in 2006, the Michigan Gaming Control Board reported. The tax brought in $149 million on revenues of $1.229 billion in 2005. "…Ontario's indoor smoking ban took effect May 31 and led to layoffs at Casino Windsor, across the Detroit River from Detroit…" .... | |
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| | | Internet gaming ads abound despite UIGEA | | Posted Tuesday, November 07, 2006 10:57:54 PM by Blog57 Team | | Advertisements for free-play Internet gaming sites remain as abundant in the U.S. today as they were before the Unlawful Internet Gambling Enforcement Act (UIGEA) was pushed through Congress on September 30. Commercials for Bodog.net, Mansion.net, PokerStars.net and other online gambling sites still air on SpikeTV, Fox Sports, Comedy Central, ESPN and the Travel Channel, while ads for offshore sports books continue to be a staple of many sports radio stations. Ads also still appear on billboards and in magazines, newspapers and bathroom stalls across the country. "It's obvious that we are going to continue to see the privately held companies continue to offer various forms of online gambling, even to U.S. citizens," said Internet gaming lawyer Lawrence Walters. "So they will attempt to offer some sort of message or advertising to try to get the word out to the consumers that they intend to continue to offer those services." The law does not make it illegal to gamble over the Internet but instead orders banks to block payment transactions from Americans to Internet gambling companies.... | |
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| | | Intercontinental Online Gaming Ltd. to stop accepting US-based players | | Posted Thursday, October 19, 2006 2:56:37 AM by Blog57 Team | | Responding to approval of the Unlawful Internet Gambling Enforcement Act, Intercontinental Online Gaming announced that it would no longer accept players located in the United States. The company sent the following information to its marketing affiliates: Due to the recent enactment of the Federal 'Unlawful Internet Gambling Enforcement Act' in the United States Senate on September 30th, 2006, IOG Casinos are sad to announce that, effective from today, Friday 13th October, we will no longer be able to accept any new US based players, and that those US players already enjoying our services will no longer be able to wager and deposit at any of our clients. The world is a very large place though, and IOG Casinos will now be concentrating on traffic from the non-US English speaking world, and mainland Europe.... | |
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| | | Genting looks to be global gaming player | | Posted Monday, October 09, 2006 2:57:20 PM by Blog57 Team | | Casino-and-leisure group Genting Bhd will become a global gaming firm if its bids for the UK's Stanley Leisure and a Singapore casino licence are successful, its chairman Tan Sri Lim Kok Thay said. Genting, a frontrunner for a Singapore gaming licence, has triggered an unconditional offer for the British casino operator after raising its stake in the London-listed firm to 69.4%. Genting, which controls cruise operator Star Cruises Ltd, said control of Stanley would allow it to expand in the British gaming sector, whose growth is expected to quicken as the country deregulates to allow for small members-only clubs to be transformed into casinos. "By next year, we expect further deregulation in the UK gaming industry. The Stanley acquisition would allow us to take advantage of this," Lim told reporters at a weekend briefing to outline the group's plans.... | |
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| | | Playtech says new US gaming law would have material effect on ... | | Posted Monday, October 02, 2006 12:56:51 PM by Blog57 Team | | LONDON (AFX) - AIM-listed gaming software developer Playtech Ltd said the new US gaming legislation unexpectedly passed by the US Congress this weekend will have a material impact its revenues. Playtech said it continues to receive legal advice regarding the impact of this legislation and said that whilst it is not an operator of online gaming nor a payment processor, it is clear that if the legislation becomes effective there would be a material impact on certain of its licensees and therefore on its revenues. However, Playtech stressed that in the first half of 2006 more than 50 pct of its revenues were derived from non-US players, a figure which it said is steadily increasing as its adds more new non-US facing licensees. The group said it is confident it has a 'sustainable and profitable business model' even in the eventuality of the legislation becoming law.... | |
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| | | HP Puts Its Gaming Hopes in VoodooPC | | Posted Friday, September 29, 2006 10:56:56 PM by Blog57 Team | | If you're a computer maker in a funk these days, it looks like the strategy of choice is to go out and buy a gaming PC maker. Back in March, the struggling Dell (DELL) agreed to acquire Alienware, a Miami-based maker of high-end PCs popular with gamers. Then on Sept. 28, the embattled Hewlett-Packard (HPQ) made a surprise acquisition of VoodooPC, a small, privately held Canadian company that also makes gaming-oriented personal computers. The deal won't change the headlines about HP. It came on the very day that CEO Mark Hurd, attorney Larry Sonsini, and former Chairman Patricia Dunn were grilled by a congressional subcommittee over whether HP used illegal methods to uncover the source of leaks on its corporate board [see BusinessWeek.com, 9/29/06, "HP Goes to Washington"]. SMALL FISH.... | |
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| | | Miss. casinos gaming revenue down in August | | Posted Tuesday, September 19, 2006 6:57:19 PM by Blog57 Team | | JACKSON, Miss. Gross gaming revenue fell in August in Mississippi to 205 (m) million dollars. Officials say the drop off from July was caused by the end of summer vacations and fewer weekends. Gross gaming revenues -- separate from hotel, restaurant or bar revenues generated by the resorts -- totaled over 222 (m) million dollars in July. Mississippi chief gaming regulator Larry Gregory says there were five weekends in July versus four in August with a major holiday on July 4th. The figures do not include Mississippi's two Indian reservation casinos, which are not required to report their winnings publicly. In August, the Mississippi River casinos took in 136-point-eight (m) million dollars, down 11-point-four (m) million dollars from July. The coastal market, which is rebuilding after Hurricane Katrina, took in 68-point-two (m) million dollars, down six-point-four (m) million dollars from July.... | |
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| | | How loose are those slots? Only casinos know | | Posted Sunday, September 03, 2006 5:32:36 PM by Blog57 Team | | In the 1971 movie "Dirty Harry," Clint Eastwood talked about the number of bullets left in his .44-caliber magnum. But his classic line applies equally to slot-machine players: "You've got to ask yourself one question: 'Do I feel lucky?' Well, do ya, punk?" If you feel lucky, go ahead and play that machine. But don't think that skill, knowledge or experience – so valuable in poker, blackjack and other casino games – is much of an advantage when playing what used to be called the one-armed bandit. "When you sit down at a slot machine, you are counting on luck, pure luck and nothing more," said Steven Penhall, general manager of East County's Sycuan Casino. There is one bit of knowledge that could make a difference: knowing the "payout" of a specific machine.... | |
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| | | Gaming Standards Association Selects the Open Group as Testing Agency Authority and Testing Suite Authority | | Posted Friday, September 01, 2006 6:57:46 AM by Blog57 Team | | The Gaming Standards Association is rapidly finalizing its new Certification Program. When complete, the program will create a network of certified agencies licensed to test vendor products for GSA standard compliance. Today, GSA announced it has selected The Open Group as its Testing Agency Authority (TAA) and Testing Suite Authority (TSA), completing one of the final necessary steps before implementing the program. GSA President Peter DeRaedt said, "As GSA introduces its standards into the global market, it is important that we have a partner who fully understands how the certification methodology can provide conformance testing expertise. The Open Group has clearly demonstrated that they do, and that they know what it takes to make standards work. We will work together to set the right expectation level within the gaming industry and promote the benefits of the GSA Certification Program." As the TAA, The Open Group will accredit the Test Agencies that will perform testing of products for certification.... | |
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