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***ONLINE GAMBLING AND CASINO NEWS*** |
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Online Casinos and casino gambling news and reviews! Up to the second news
in the casino and gambling industry and internet gaming world.
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| GambLux EDITOR NEWS |
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Casinos Down Again In November [Monday, December 15, 2008]
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Atlantic City, New Jersey Casinos were supposed to be revived this year. Various casinos went to renovation while others were knocked over in hopes to build much better facilities.
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Gaming Revenues Continue To Drop [Monday, December 15, 2008]
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A state report showed that Nevada's gaming revenues were down for the month of October. This could mean that the growing economic turmoil is not yet over. According to the Gaming Control Board report, the casino's gaming revenue were down at 22.3% statewide compared to its performance a year ago. The Las Vegas Strip, which generates more than half the state total dropped at a staggering 25.7% while Washoe County's declines were shallower with a 10% and 7.4% drop in Sparks and Reno, respectively.
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Gameologist Group LLC sues The New York Lottery [Saturday, November 29, 2008]
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Balestriere Lanza PLLC, on behalf of their client, Gameologist Group LLC, has filed a multi-million dollar lawsuit in the New Jersey Federal District Court against The New York Lottery and Scientific Games, Inc. for alleged trademark infringement.
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Alternative Gaming Legislation Proposed by Bwin [Friday, November 28, 2008]
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Austrian Finance Minister Wilhelm Molterer's gambling legislation proposal has received widespread criticism. Online gaming company Bwin has reacted by commissioning its own legal experts to draw up and present an alternative proposal for gaming legislation to the Finance Ministry.
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Global Traveler Slot Player Wins a Million [Sunday, November 23, 2008]
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The Playtech powered Casino Tropez announced that on October 31, 2008 32-year-old Jesus M. of Madrid, Spain won 1,005,000 Euro (1.27 million USD) on the online slot game Global Traveler.
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Thanks to the US Market, Competitors are Gaining on PartyGaming [Sunday, November 23, 2008]
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The third quarter sales were not that high for PartyGaming Plc., owner of PartPoker. The company reported that third quarter sales did not indicate movement, either up or down. Competitors that take US bets made up ground on the company.
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Playtech Reports Boost In Third Quarter Revenues [Sunday, November 16, 2008]
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Fuelled by the acquisition of new licences, online casino and poker software provider Playtech has reported a significant surge in their revenues for the week.
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Sands Corp Determined to Finish Singapore Project [Sunday, November 16, 2008]
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Las Vegas Sands Corp has experienced a series of punches for the past few months. The casino resort company has seen their stocks nose-dive, forcing their expansion plans in Macau to a halt.
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UK Allows Advertising From Caribbean Gambling Operators [Sunday, November 09, 2008]
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UK has given Antigua and Barbuda-based online gambling operators the permission to advertise their services in their country. Starting November 21, gambling firms based in the Carribbean country will be legally allowed to advertise to British customers.
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Maryland Opens It's Doors To Casinos [Sunday, November 09, 2008]
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Baltimore city officials have already began their preparations for a new casino as the state is prepping up for slot machine gambling after Maryland voters approved the said move. City officials approved a 4.1 million USD land purchase by the city last Thursday.
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MGM Mirage Announces Third Quarter Report [Sunday, November 02, 2008]
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MGM Mirage Casino could be in financial distress if the trend they are following continues based on the company's third quarter report. The recent figures are down and this could be a sign that consumers simply do not have the money to keep pumping into slot machines in Las Vegas.
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Online Gambling Market Being Eyed By Bermuda [Saturday, November 01, 2008]
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The Bermuda government is considering entering into the online gambling market. The island could be interested in tapping on huge amounts of revenue that is being generated from the gambling industry.
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