Aristocrat Leisure is one of the leading gambling machine manufacturers in Australia. They started manufacturing gambling machines during the 1950s, and continued to the present as an online casino operator. In 2017, they made a billion-dollar deal to acquire Big Fish, a United States based company which specializes in the creation of online and social…
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Oral arguments were heard by the U.S. Supreme Court regarding the PASPA law of 1992. Traditional sports betting occurring outside Nevada is prohibits by this law as unconstitutional. The hearing lasted for an hour, and the high court heard reasons why numerous interested states including New Jersey should have the ability to regulate gambling within…
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Crown Casino did what thousands of its patrons do every week: it calculated its risks and took a gamble. However, instead of a full house complete with winnings and riches, Crown was served with a scandal, imprisoned employees, and a lawsuit. This casino suffered a loss slightly more devastating than losing a hand at poker.…
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The gaming industry has no doubt taken everybody by storm in Colombia, where the Colombian gaming regulator Coljuegos is in the process of issuing out two more licenses to different gaming companies in the country. The issuance of two new permits was confirmed by the current president of Coljuegos Mr. B. Perez Hidalgo during a…
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In Germany, Several banks have been revealed to be processing payments to internationally licensed online casinos that have been forbidden to operate in the country. The German banks which have been involved in processing these payments include Wirecard, Postbank, Hypo-Vereinsbank, and DZ Bank. They have been processing payments against the gambling laws of Germany. The…
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Online Gaming is a lucrative and worldwide known gambling experience. The activity is increasingly getting popular among participants and is continuously proving to be beneficial to both local and international casino-owners as well as the global economy. There are various technological advancements that have been rolled out to improve the betting plan and change the…
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With over 90 licensed card rooms and a complex set of existing gambling laws, passing new gambling legislation is proving to be more difficult than ever in California. California's Judge John Mendez handed out a stiff loss to 75-year-old millionaire Larry Flynt in the U.S. District Court for the Eastern District of the state. Flynt…
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During the past month, state officials in Maryland released the total figures from the four land-based poker rooms in the state. The numbers released for the combined four establishments totaled $3.5 million in revenue. This total is an increase of 29 percent over the $2.7 million in revenues for the same period last year. The…
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One of the most important markers of a company's overall health would be the fiscal earnings the company is able to produce. This is true across all areas of the spectrum, including in online gaming. One such company is detailed below. To make a long story short, Loto-Quebec recently issued their fiscal earnings report, and…
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Caesars Entertainment Corporation is a public gaming company headquartered in Paradise, Nevada United States of America. It was founded on 29th of October, 1937 by William F. Harrah under the name Harrah’s Entertainment. Harrah’s Entertainment changed to Caesars Entertainment Corporation in 2005 after purchasing the Caesar Entertainment Inc. for 10.4 billion dollars. This was formerly…
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