Author Archives: ixgames

Genting International is seeking to borrow a record 3.2 billion Singapore dollars

Genting International, a unit of Genting, the biggest Asian casino operator by market value, is seeking to borrow a record 3.2 billion Singapore dollars, or $2.2 billion, to fund a casino resort in Singapore, three people with knowledge of the transaction said. The overseas unit of Genting is adding to the 2.17 billion dollars raised […]

U.S. residents continue online gambling

A pro-gaming group supports improved regulation instead of letting U.S. residents continue online gambling by processing their transactions through foreign banks. Proposed rules to prevent Internet gambling would place a high burden on U.S. financial institutions, according to an analysis published by a pro-online gaming group. The national firm found that, under proposed rules that […]

United States must change online gambling law

U.S. must change the Internet gambling law that discriminates against European companies by preventing them from offering services in the U.S. market, the European Union’s top trade official said on Thursday. *What we need to see is a change in U.S. legislation that removes that discrimination against EU operators,* EU Trade Commissioner Peter Mandelson told […]