In its December magazine, Forbes has profiled Amaya Gaming Group CEO David Baazov, detailing his bold 2014 acquisition of privately held poker operator Rational Group (owners of PokerStars and Full Tilt).
Read More . . .Hong Kong billionaire Tony Fung's acquisition of Casino Canberra has been approved by the Australian Capital Territory's (ACT) Gambling and Racing Commission.
Read More . . .Russian President Vladimir Putin has signed a bill into law to impose tougher penalties on illegal gambling operators in the country.
Read More . . .The casino business might be in the toilet around the globe, but that's not stopping Las Vegas Sands from plowing ahead with expansion projects. On Sunday, Sands China announced that it had received the necessary approvals from the government in Macau to complete its $2.7b Parisian Macao resort casino.
Read More . . .A new mobile social gaming startup is aiming for success from India after being backed by venture capital firm IDG Ventures India. PlaySimple has raised an undisclosed amount of funding from IDG, while a former top executive at gaming firm Zynga,
Read More . . .The Federation of Irish Sport is trying to convince Ireland's government to allocate more funds for the country's sports organizations and the money should come from taxes generated on sports betting receipts.
Read More . . .The European Gaming & Betting Association has announced that the entire gambling sector is now included in the scope of the fourth anti-money laundering directive.
Read More . . .A study sponsored by the Association of British Bookmakers (ABB) that claimed the "majority of betting shops are in the least deprived areas" has been branded as "very misleading" by a new report.
Read More . . .The Irish government has been forced to announce an increased delay on its impending online gambling tax. At present, it appears that operators serving the Irish market will not be subject to the new tax until first months of 2015 at the earliest.
Read More . . .If Canada legalizes betting on single sports events, it could claw billions of dollars from the shady world of organized crime. Cash would be pumped into health care, education and other social programs.
Read More . . .Ireland's planned adoption of a new gambling tax has been postponed to 2015, as country Finance Minister Michael Noonan explained that the new legislation will be subject to a standstill period until January next year.
Read More . . .Tabcorp will take the Victoria government to the High Court of Australia after its bid for compensation relating to a poker machine licence was turned down at state level.
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