Genting International wins Singapore casino license

Singapore awarded its second casino resort contract Friday to Genting International, whose proposal of a venture worth 5.2 billion Singapore dollars is intended to lure thousands of visitors with a Universal Studios theme park and a huge outdoor marine park. Genting, which runs two casinos in Malaysia, had joined with Star Cruises in its bid…

Singapore will name the winner of casino bid this week

Singapore is expected to announce the winning bid for its second casino resort this week in a deal worth as much as US$3.5bil. The city-state is building two gaming resorts with family attractions in a bid to lure more tourists and develop the services sector. The two casino projects have attracted bids from several of the…

Reputed mob underboss arrested in gambling-extortion probe

A reputed underboss of the New England Mafia was arrested Friday on gambling and extortion charges, authorities said………. Carmen Salvatore DiNunzio, 49, was arrested by state police in Boston’s North End after being indicted by an Essex County grand jury on charges of extortion, maintaining and operating a gaming operation, and conspiracy to maintain or…

eCOGRA monitor casinos more closely – A new team has been established to monitor online gambling in the UK. | IXGAMES

eCOGRA continue their efforts in ensuring the online gambling industry is as safe as possible by creating a dedicated team to monitor the 91 online casinos and 21 poker rooms accredited with their ‘Play It Safe’ seal. The team will be responsible for on-site assessments, ensuring that their standards and regulations are completely adhered to…

Online Gambling Industry Growth to Reach $528 Billion by 2015 | IXGAMES

A new study has reported that the online gambling industry is still in its infancy with a projected peek to hit around the year 2015. At that time Merryl Lynch predicts that the market will bring in $528 billion annually worldwide. By the year 2015 the Internet gambling industry could grow from the $12 billion…

Online Casino Gambling Be Regulated In Spain And Italy

Italian and spanish governments have passed legislation that will change the face of land-based and online casino gambling in those countries, which has prompted a rush of licensing applications from gaming companies all over the world. Italian government will auction 17,000 licenses for sports and racing betting at land based outlets, and companies will be…

POL DEALT OUT BY POKER ACES

December 11, 2006 — WASHINGTON  – Angry poker players have beaten the house, helping topple a congressman who pushed through an Internet gambling ban.They were furious when Congress enacted the ban – which included online poker – over the objections of a poker organization, which considers it a game of skill. The Poker Players Alliance…