News

Casino Gambling Legalized in Japan

July 21, 2018

It has been a long time coming, but casino gambling is now finally legal in Japan. The country’s upper house of parliament has passed the bill that will permit three casinos to open as integrated resorts. The decision remains controversial, however, as more than 60% of Japanese residents are against legalizing casinos. Many Rules and Restrictions Apply There are plenty of caveats tat come along with the casino legislation. Operators will have to pay 30% tax on gross gaming revenue, and the casino is only permitted to occupy 3% of the size of the resort. To prevent problem gambling, Japanese… Read More

NJ Casinos to Offer Legal Sportsbetting in Time for NFL

July 17, 2018

With football season just around the corner, New Jersey casinos are getting ready to launch sportsbooks for the first time ever. The recent overruling of the sports betting ban in the state has prompted New Jersey’s local gaming operators to get ready to accept wagers by the time the Eagles and Falcons kick off in September. Four Sportsbooks, More to Come So far, only two casinos and two tracks offer sports betting in New Jersey: Borgata, Ocean Resort, Monmouth Park and the Meadowland. The new law would permit other local license holders to provide their players with the ability to… Read More

Pennsylvania Casinos Gearing Up for Online Gambling

July 14, 2018

It has been a long time coming, but it’s starting to look like online gambling legislation is finally coming to Pennsylvania. Over the past few years, lawmakers in the state have been working hard to make online casinos legal, and gaming operators in the state will be able to submit their applications. Several Applications Put Forward The 13 casinos in Pennsylvania have until August to apply for online gaming licenses, but only a few have come forward to submit their forms. So far, three local gaming operators have stepped forward. One of the applicants is Greenwood Gaming and Entertainment, which filed… Read More

New Melco Cyprus Casino in Limassol Underperforms

Melco has opened a new casino in Limassol Cyprus
July 10, 2018

The new Melco Cyprus Casino in Limassol has welcomed over 7000 visitors since it opened it doors on June 28, but the operator has been expecting much more footfall. Competition from casinos in Northern Cyprus seems to be the cause of the problem, as well as local gambling laws. Competition from Up North This is the first casino in Southern Cyprus, and it is facing competition from over two dozen casinos in the north. Casinos in the Turkish Republic of Northern Cyprus adhere to vastly different gaming regulations, and many of them provide players with free alcohol and tobacco. Another… Read More