According to information released by Macau’s Financial Intelligence Office (FIO) this past Monday, the city’s financial environment appears to be cleaner now than it was last year.Over the first quarter of 2019, the FIO received a total of 507 suspicious transaction reports (STR) from casinos and gaming operations, which represents a 6.7% decline from the 541 seen during the same quarter in 2018.The FIO added that the total number of reports, from all sources in the city, reached 699, which was a massive 30% drop from the 909 seen during the first quarter last year.It stated that the decrease comes from fewer reports submitted from the non-gaming sector financial institutions, which includes insurance and other companies.These made 169 reports in the first quarter, compared to the 235 they submitted during the first three months of last year, for a decrease of 39.1%.Under a category heading of “Other” that isn’t defined by the FIO, there were 23 reports made during the quarter.
Caesars is expected to confirm that its board has approved its potential sale by the end of this week amid pressure from its largest stockholder Las Vegas casino and hospitality powerhouse Caesars Entertainment Corp. is reportedly putting itself on the market as soon as this week, the New York Post reported Wednesday citing unnamed sources familiar with the latest developments inside the company.It is believed that the casino operator, which owns 55 properties across four continents, has finally succumbed to pressure from New York activist investor Carl Icahn.The businessman recently became Caesars’ largest shareholder.Mr. Icahn has previously said that he believes that a sale or a merger would be the best path forward for Caesars, which emerged from a long and complex bankruptcy in the fall of 2017 and has embarked on a mission to reduce a hefty $18 billion debt while expanding across multiple verticals.According to sources, the company will announce this week that its board has approved a sale process.
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Wynn presented MassGaming with a set of measures it intends to deploy to prove it has severed ties with its founder and is suitable to keep its casino licenseWynn Resorts plans to ban its founder and former boss Steve Wynn from all its properties as part of the company’s efforts to keep its gaming license in the Massachusetts gaming market, the Las Vegas Review-Journal reports.The Las Vegas gaming and hospitality giant filed this past Monday a 49-page legal brief with the Massachusetts Gaming Commission that contained 13 measures the company plans to introduce in a bid to prove its suitability to operate the $2.6 billion Encore Boston Harbor.The property is slated to open doors on June 23 near Boston.Following a three-day critical hearing last week during which Massachusetts gaming regulators heard Wynn executives, among others, on why the company should keep its license in the state, MassGaming is now assessing all the information it has collected to make a final decision.An investigation into Wynn’s suitability to operate the luxury resort in the city of Everett near Boston commenced just days after the publication of a Wall Street Journal report outlining a decades-long pattern of sexual misconduct by Mr. Wynn.
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Some people just know how to play it but don’t know that there are tips and tricks to increase your chances of winning.Don't forget to bring a glue stick.Or if you don't have one, bring tape.It's hard to focus on your cards if you've got a slippery table.You can, however, avoid that with the use of a simple adhesive tape.You can also play in online sites and use promo codes such as the Virgin Games promo code if you want to try it on other games.
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Slots machines are one of the most popular games to play.Not only are they fun, but the chances of winning big prizes is also high.Follow the one play rule.This rule means that you should only play a single slot machine at once and with the highest amount you can.It’s the same principle as when you’re playing on the best betting sites because betting once gives you less chances of losing.It's a simple strategy that has helped a number of players save money in the long run.
Atlantic City casino workers union demands speedy action against New York investors who want to “squeeze” money out of the local gambling industryThe labor union representing more than a third of Atlantic City’s casino workers urged Wednesday state gaming regulators to take quick actions to protect the industry and those employed in it from the disastrous impact Wall Street investors could unleash in their pursuit of quick profit, The Press of Atlantic City writes.A number of New York hedge funds have recently bought stock in companies that operate casino resorts in Atlantic City, most prominently MGM Resorts International and Caesars Entertainment Corp. Local 54, which represents more than 10,000 casino workers, told the New Jersey Casino Control Commission during a Wednesday public meeting that the regulator needs to take measures in order to protect employees at Boardwalk properties from “potentially hostile actions” of company investors.According to Mr. McDevitt, in their pursuit of quick profit, hedge funds could hurt the city’s casino businesses and market, and by default, those employed at the gambling venues.Local 54’s History with a Particular New York Investor
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Confectionery giants Mars have withdrawn a line of M’s dispensing machines after complaints they may ‘normalise’ betting for children by being too familiar to adult ‘one-arm-bandits’.The confectionary company had initially ‘shrugged off’ the complaints before then pulling the product.The toys – styled like casino slot machines – were on sale in the M’s shop in London’s Leicester Square.Children can pull the arm and three M’s figures spin on a front display, before the chocolates are dispensed.They were priced at £33 (€38) a unit and were advertised with the slogan: ‘Hit the jackpot!A youth gambling expert, Dr Samantha Thomas, from Deakin University, Australia spotted the machines.‘Bright Lights and Positive Sounds’
Excavation work at the site of the Queen’s Wharf resort nears completion, the actual construction phase is slated to begin in late 2019The winning bidder for the construction of the A$3.6 billion Queen’s Wharf luxury integrated resort in Brisbane will be announced within weeks, news outlet the Sydney Morning Herald reports.Geoff Hogg, Managing Director Queensland for Australian casino operator The Star Entertainment Group, said today that “somewhere in the next four to six weeks” they will announce the successful tender that “will start building the main core and shell of the Queen’s Wharf development.”The Star is the leading partner in Destination Brisbane Consortium that was selected back in 2016 as the winning bidder for the development and operation of an integrated resort in Brisbane’s Central Business District.The company won the race over its biggest archrival Crown Resorts.Mr. Hogg went on to explain that the soon-to-be-announced winning tender will be tasked with the “core concrete and […] shell” of the resort.
The brand-new Circa Resort & Casino reached an important milestone Tuesday morning as first concrete was poured at the property which is currently under development in downtown Las VegasA convoy of 205 trucks delivered the 2,050 cubic yards of concrete that were poured Tuesday morning at the site of the future casino resort to set out its foundation.Circa will occupy the landmark 18 Fremont Street site.It will be the first casino resort property to be built from the ground up in downtown Vegas in more than three decades.The hotel and casino complex is slated to welcome its first visitors in late 2020.The businessman said that the Tuesday event “marked one of the first of many incredible moments in the story of Circa” and that they were “literally and physically laying the foundation for what’s to come and can’t wait to introduce Circa’s exciting new offering” to downtown Vegas’ 24 million annual visitors.
Cyprus’ British bases lauded the successful end of their four-year crackdown on illegal casino activities conducted within their jurisdictionThe British Forces Cyprus stationed in Cyprus’ Sovereign Base Areas (SBAs) of Akrotiri and Dhekelia said during a Tuesday press event that they have successfully clamped down on all illegal gambling operations within their jurisdiction.The British bases launched a crackdown on illegal casinos in 2014.During the Tuesday press event at the Akrotiri police station, Superintendent Dinos Petrou said that all illicit activities have been eradicated.Mr. Petrou went on to say that they have invested a “considerable amount of police hours to combating this crime” and lauded the “outstanding work of our officers” and their partners at the Cyprus Police, “who have played a major role alongside us.”The Tuesday event marked the end of a four-year operation carried out by the bases.
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There is little doubt, in my opinion, that as time has gone on the games went from relatively tame to far more juiced up.And when you do, it is often for a sure winner.Enter Mississippi Stud Poker or Let It Ride on Speed as I like to call it.It was the brainchild of Mark Yoseloff, who was the CEO of Shuffle Master at the time.Mississippi Stud had only a table or two in the entire country for nearly five years before the game began to catch on.Most games with only a couple of tables would have died long before five years.
Svenska Spel to terminate all online casino ads in a bid to address concerns over the growing number of online casino players with problem gambling behaviorSwedish gambling operator Svenska Spel has decided to stop advertising its online casino product through the rest of the year in a bid to better protect its customers amid growing pressure from the government.The company, which was one of the few businesses authorized to operate in Sweden up until early this year, said in a Monday statement that its decision will affect its marketing campaigns across all media channels, including television, the Internet, and print media.Svenska Spel also noted that it has already put certain limitations to the way it has been promoting its products, but after “intensive internal discussions” has decided that putting an end to all its online casino marketing campaigns was the right decision as part of its effort to protect its customers.The major gambling operator said that the recently published results of a survey conducted by Sweden’s Public Health Agency (Folkhälsomyndigheten) have prompted the revision of its approach toward online casino advertising.While the study showed that the overall number of problem gamblers has dropped in Sweden since 2015 when the last such study was carried out, there were certain worrying trends that Svenska Spel apparently wants to address.
Mr. Deifik, who took over the failed Revel last year to reopen it as Ocean Resort Casino, has died in a fatal car accidentColorado businessman Bruce Deifik has died in a car crash, news emerged this past Monday.The businessman’s lawyer, Paul O’Gara, told The Associated Press that Mr. Deifik died in a single-car crash Sunday night while he was driving home from a Colorado Rockies game in Denver, his hometown.A Denver-based medical examiner confirmed that an autopsy of the businessman’s body has been concluded.Results were still pending at press time.The cause of the crash is being investigated and the medical examiner is considering the possibility that Mr. Deifik might have suffered a medical crisis while driving his car.
RedKings announced last week that it is closing two of its products amid growing competition in the online gambling field and regulatory pressureThe operator said in a statement published Thursday on its official website that it has decided to shut its online poker and betting operations.RedKings’ casino product will remain operational, it also became clear.RedKings has been a fixture in the online gambling space for more than 13 years with its online poker operation.RedKings Poker has most recently operated as a skin on MPN.In a Thursday statement, the operator said that its poker players will be able to play poker and finish their existing RedKings bonuses until April 28, 2019.
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NagaCorp moves on to expand its operations in the Cambodian capital with the development of a $4 billion Naga 3 integrated resortNagaCorp has recently unveiled a $4 billion expansion of its NagaWorld integrated resort in the capital of Cambodia, Phnom Penh.The project will see the development of Naga 3, or the third phase of the company’s NagaWorld mega-resort scheme.In a recent filing with the Hong Kong Stock Exchange, NagaCorp said that it plans to build Naga 3 at the site of what was previously known as the White Building in the Tonle Bassac commune in the Cambodian capital.Local news outlet the Phnom Penh Post reports that the gaming and hospitality company has in principle received approval from the government of Cambodia to move on with its expansion project.Naga 3 will feature four 42-story buildings and will occupy approximately 7,757 square meters of land, according to a 29-page filing with the Hong Kong Stock Exchange.
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Nearly 1,800 Hard Rock Atlantic City hospitality workers will be represented by Local 54 of the UNITE HERE!labor union have successfully negotiated a unionization contract for more than 1,780 hospitality workers at the Boardwalk resort, the Press of Atlantic City reported Friday.Talks over union representation for Hard Rock Atlantic City’s employees lasted more than six months.The New Jersey State American Federation and Congress of Industrial Organizations (AFL-CIO) spread the news of the fruitful end of the negotiations in a Friday statement.AFL-CIO further said that the bargaining committee will recommend ratification of the contract next Thursday.Including Hard Rock Atlantic City’s staff members, UNITE HERE!
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Hard Rock International is expanding its portfolio of gaming properties with the addition of JACK Cincinnati Casino, the gaming and hospitality giant announced todayHard Rock, together with real estate investment trust VICI Properties, has agreed to purchase one of Ohio’s premium gambling properties for the total amount of $745 million in cash from its current owner, Detroit-based company Jack Entertainment.Under the terms of the deal, VICI Properties, the REIT that spun off from Las Vegas casino giant Caesars Entertainment Corp. in 2017, will buy 100% of the interest of an entity of the Cincinnati casino that owns the land and real estate for $558 million, while Hard Rock will pay $187 million for the operating assets of the gambling venue.JACK Cincinnati Casino features a 100,000-square-foot gaming floor with 1,800 slot machines and 100 table games.In addition, the property includes six dining facilities and 33,000 square feet of meeting space.Deal Expected to Close in Late 2019
The 2018 Masters Tournament is scheduled for Thursday, April 5 through Sunday, April 8 at August National Golf Club in Augusta, Georgia.Tiger Woods returns to the Masters field for the first time since 2015.And with his recent string of strong play, oddsmakers have installed Woods as the favorite to win at Augusta in 2018.Let’s take a more in-depth look at 2018 Masters odds, top Masters contenders, Masters darkhorses, Masters facts, history and records.Still, the oddsmakers know fans will want to wager on Woods so they’re protecting against that certainty.The usual suspects such as Rory McIlroy, Dustin Johnson and Jordan Spieth are atop the Masters odds board.
Microgaming’s content is now live with 888casino in the UK, Scandinavian rollout of the provider’s games with the major operator coming nextMicgrogaming announced Thursday its online casino content has gone live with 888casino in the United Kingdom.The milestone agreement between the major provider and the online gambling operation enabled the latter to expand its existing offering with Microgaming’s extensive award-winning portfolio.UK customers of 888casino are now able to play some of Microgaming’s most popular titles, including Jurassic World and Game of Thrones as well as a number of Casino in Bingo side games, the Isle of Man-headquartered supplier of gaming content said in a Thursday press release.In addition, 888casino players have also been provided with access to Microgaming’s progressive jackpot network, known to be the largest in the world and to have paid out more than €1 billion in winnings to a number of lucky gamblers over the years.Microgaming’s progressive jackpot network includes the widely popular Mega Moolah slot which has been smashing record upon record.
A bill requiring lottery vendors to place a warning message about addiction risks on lottery tickets is gaining momentum in the Florida LegislatureThe measure – House Bill 629 – survived on Thursday a vote in the House Commerce Committee.An identical piece of legislation was introduced in the Senate, as well, but that one is yet to be reviewed by members of the Legislature’s upper house.Authored by Rep. Will Robinson, HB 629 will require all Florida-facing lottery vendors to place the same message on the front of all lottery products distributed across the state.In addition, the piece mandates that the Lottery Department put the same message on all lottery ads and promotions.The exact wording of the message proposed by Rep. Robinson is:
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