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Recent developments have demonstrated just how interconnected the world economy is. A strike by Air France personnel has grounded some 30% of flights including many flights to the United States. The tariffs imposed by President Donald Trump have been received with both strong approval and strong disapproval and have sparked fears of a global trade war. The advance of online casinos in the US and elsewhere poses a challenge to …
The latest news cycle brings the blockbuster news that James Jones, CEO of Chartbuster Games, and a man with over twenty years of experience in internet entertainment and media including the online casino industry has joined ZeroEdge as a consultant. The reason this is seen in the industry as blockbuster news is because of who James Jones is, how it places Chartbuster Games in an enviable position, and the gravitas …
Two recent news items point to two phenomena that are catching on around the world: Integrated Resorts and getting truly serious about dealing with problem gambling. The two phenomena might seem unrelated at first but they are, in their own ways, indelibly connected to each other. Japan to Restrict Access to Land Based Casinos The government of Japan is understandably concerned with the increase in problem gambling and gambling addiction. The difference …
The latest installment in the ongoing story regarding the legality of land based and/or online casinos in different jurisdictions is the news that South Korea is gravitating to the Integrated Resort concept initiated by Singapore and copied in several other Far East nations. Table of contents Much More than a Casino Keeping Gambling Responsible After the Olympics, What to Do? Restrictions to Citizens Some Legal Gambling Desire to Attract Foreign …
It was announced that the Fontainebleau Casino in Las Vegas will no longer reflect the white sands of the desert as one of the most prominent white elephants in the world. It is finally being completed by the Marriot Corporation in partnership with Witkoff, a real estate concern with worldwide reach, based in New York City. The hotel will have 4000 rooms and along with the casino will be renamed …
Here’s a truly good news item: A firefighter from Long Island, Tommy Maher, was able to use some of the money he won at a local casino plus money a friend of his raised through GoFundMe to fund a memorial to the 58 victims of the terrorist shooting in Las Vegas last October 1. Fireman Maher’s plan was to make leather bracelets, one for each of the victims, travel to …
The latest salvo in the decentralization of the land based casino industry and in the competition between land based casinos and online casinos was “fired” on February 8 when Resorts World opened their new casino in the Catskill Mountains of upstate New York – only a 90 minute drive from Manhattan! More than a Casino The entire casino complex will ultimately cost at least 1.2 billion dollars to build and …
There is a growing concern that the market for land based casinos has become or is fast becoming saturated. This issue was first raised prominently in 2013 with several articles on the subject in major news outlets. At that time, the concern was that as gambling became legal in many other places near the well-established gambling meccas such as Las Vegas and Atlantic City, the amount of money that gamblers …
The British Gambling Commission, which has among its responsibilities the regulation of online casinos that serve British subjects, warned five online casinos that they may have their gaming licenses revoked because of allegedly shady financial activities, poor self-regulation of problem gamblers, and possibly money laundering for the funding of terrorist groups. Casinos in Danger The five online casinos may be subject to a license review which means that, if the …
Australia has become a major center of casino gambling of Asia and the Pacific Rim. The country’s liberal gambling laws facilitate easy access to casino entertainment with dozens of casino sites operating throughout the Land Down Under. The government maintains a list of the top 10 Casinos in Australia to help gamers identify the best venues for their gambling activities. Aussie Gaming Australia has one of the highest percentages of …