Tag: casino news

Apr 09 2022

Chinese Billionaire Deposited AU$1.7 Billion at Star Casino Sydney Without Problems

Apr 09 2022 Published at MyPokerCoaching under tags  casino news

Chinese billionaire Huang Xiangmo was banned from Australia years ago because he was seen as a security risk and possibly an agent of the Chinese government. It now appears that the billionaire deposited a whopping A$1.7 billion ($1.27 billion) into his account at Star Casino Sydney during his stay in Australia between 2010 and 2018. At the time, that did not lead to...

Mar 30 2022

Study: Mandatory Game Interruption Could Help Gamblers Spend Less

Mar 30 2022 Published at MyPokerCoaching under tags  casino news

Journal of Gambling Studies published a new study that may have found the solution to limiting gambling damage. The study experimented with a mandatory game interruption after depositing money ten times in one day. The number of people who still poured and played after the mandatory one-hour break fell sharply. Findings from the study show that 41% of players used to high volume...

Mar 12 2022

What Is Happening in Licensing Land: iGaming Regulation Across the Globe

Mar 12 2022 Published at MyPokerCoaching under tags  casino news

The iGaming industry is ever-evolving, and there is a lot of stuff going on in terms of licensing all over the world. In this article, we take a look at the most recent regulatory changes in both land-based and online gambling. We start off in France, where the regulator ANJ can and probably will block websites without a license....

Mar 02 2022

Flutter, Parent Company of PokerStars, Launches Sustainability Strategy

Mar 02 2022 Published at MyPokerCoaching under tags  casino news

Flutter, the parent company of PokerStars and Betfair, among other brands, has presented a new strategy for sustainability. With the strategy the online casino company aims to make major strides for its players, its employees, and the communities and markets where it operates. Flutter is giving itself until 2030 to meet those goals. Flutter as...

Mar 01 2022

New Bill Proposed in New York – iGaming to Join Sports Betting in the State?

Mar 01 2022 Published at MyPokerCoaching under tags  casino news

It seems that online mobile betting could carve the way for more changes in online gambling regulations. The chairman of the Senate Racing, Gaming, and Wagering Committee, Joseph Addabbo, is proposing a new bill that would allow online casinos to operate in New York. If the bill passes, gambling operators in the state could offer iGaming apps to their customers. The State would...

Feb 28 2022

Bad Cops in Vegas – Unique Situations at Las Vegas Casinos

Feb 28 2022 Published at MyPokerCoaching under tags  casino news

Today we cover some unusual stories about bad cops in Las Vegas and more. After reading this, you will know that not everything that happens in Vegas stays in Vegas. An armed robbery at a casino in Las Vegas is not unique. However, last Sunday a very special situation arose at the Rio Hotel & Casino. When the alarmed police officers arrived and...

Feb 27 2022

BetVictor Fined £2 Million for Breaching Licensing Rules in the UK

Feb 27 2022 Published at MyPokerCoaching under tags  casino news

The online casino BetVictor is going to pay a fine of £2 million ($2.7 million). BV Gaming Limited, the parent company of BetVictor, has agreed to a settlement from the UK Gaming Commission. The company was fined for violating UK licensing rules. Almost two years ago, the UK Gambling Commission conducted an investigation into licensing compliance. The...

Feb 17 2022

New Study in the Netherlands Warns About Risks of Gambling Addiction

Feb 17 2022 Published at MyPokerCoaching under tags  casino news

According to some experts, ever since online gambling has become legal in the Netherlands, a new problem has been on the rise. The Dutch media is trying to draw attention to the fact that gray zones in the gambling regulations are allowing for false representation of this activity to society. They fear this will lead to an increased number of people suffering from...

Feb 16 2022

Macau Set to Approve New Gaming Law Seeking More Economic Diversity

Feb 16 2022 Published at MyPokerCoaching under tags  casino news

Image source: World Travel Guide The chief executive of Macau, Ho lat-seng, has published an update regarding the direction of the city. Although casinos will continue to play a large role in Macau's economy, there will be a shift towards economic diversification. According to Ho lat-seng, Macau is currently positioned in a rather volatile development situation. He told this to the Macau Chamber...

Feb 14 2022

New Government Study to Explore the Impact of Gambling in the UK

Feb 14 2022 Published at MyPokerCoaching under tags  casino news

In the UK, the National Institute of Economic and Social Research, or the NIESR for short, will be studying the social and economic impacts of gambling. The main goal of the research project on gambling is for the government to review the 2005 Gambling Act. Although the effects of gambling on the economy and society are to be explored, there will also be...

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