It doesn't seem obvious, but the worlds of gambling and finance are tied together. As long as casinos have existed, they have always had shares in the market. Investments for casinos rise and fall with the economy, but there are always wealthy shareholders ready to buy and sell on the stock exchange. Gambling and investing,…
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The small, yet financially powerful, nation of Macau has registered its 12th consecutive month growth. Macau has seen a steady and quite satisfying level of financial success throughout the past months. Macau, considered to be the world's greatest casino hub, has been on a roll of late. As a matter of fact, it has been…
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Caesars Entertainment Corporation, a major player in the casino industry headquartered in Paradise, Nevada recently inked an agreement with the investment firm ASF Consortium. The agreement would see Chinese-backed ASF operate the casino division of Caesars’s $3 billion resort on the Gold Coast of Australia. Per the Aussie local news venue The Australian, the deal…
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In Belgium, the CDV, short for the Christian Democratic and Flemish Party, has proposed additional restrictions on the gambling industry in the country. The organization is one of the opposition parties in Parliament. In fact, they are one of the leading parties in the government. The CDV wants to see the gambling age to increase…
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The casino industry is a multi-billion dollar industry. Many people everywhere across the world have dabbled on the slots a little bit. Most of the time to no avail, which is one the reasons the casino industry is so successful. However, gambling is not legal everywhere. It is only legal in certain cities across the…
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US Attorney General Jeff Sessions faces bipartisan recommendations to ban online gambling Senator Mark Warner joins a growing group of politicians pressing US Attorney General Jeff Sessions to ban online gambling nationally. The expanding chorus of congressman and other constituencies, who oppose online gambling, have called attention to a controversial 2011 memo released by the…
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Hard Rock International is a renowned company that has taken the entertainment industry by storm. It has a chain of hotels, casinos, and parks all over the world. It is ranked among the top companies in the world that are growing very fast. There are very few if any organizations that can match its high-quality…
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According to financial sources, the gaming technology group known as Novomatic is in preparations to offer the most prolific IPO in Austria's history, regardless of the current change in Germany's gaming regulations. Headquartered in Austria, Novomatic has been a heavy hitter in the slot machine industry for years and is widely known for manufacturing a…
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For centuries, Japan has maintained strict laws and regulations on gambling. Gambling is a serious criminal offense prosecutable under the Japanese Criminal Code chapter 23. The vehement opposition stems from two prime reasons. One, the citizens argue that gambling is a prerequisite for lawlessness. Two, gambling addicts are a burden to society. The gamblers end…
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Headlines were popping after Mark Cuban announced he was participating in an initial coin offering. The billionaire owns the Dallas Mavericks and stated the offering would be made using one of his portfolio companies. An initial coin offering refers to the sale of virtual tokens with the ability to bet on eSports machines through the…
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