The Australasian Gaming Expo 2018 will be taking place between 14 – 16 August 2018 and it will gather for the 28th year in a row, leading enterprises in the industry. The Gaming Technology Association is once again the organizer, and the big event will take place at the International Convention Centre Sidney. For those that activate in the accommodation industry, but also casinos and clubs, attendance is a no-discussion topic. (more…)
DraftKings mentioned that launching daily fantasy sports (DFS) to Australia could end up being more profitable than people expect. Bringing DFS to more markets is the company’s goal since forever. DFS wants to expand internationally and carefully assess what the results will be. The next location for the DFS opening in Australia. DraftKings announced that DFS got all of their legal licenses to launch the company here. The only region that is not included in what DraftKings planned is South Australia, which seems to have its own gaming regime. Yet DFS will reach around 20 million persons in Australia, which is quite impressive. (more…)
According to the latest decisions taken by the Turnbull government, it seems that the gambling industry will face some drastic advertising changes from March 30 on. While until recently gambling promotions were possible during major sports events, once the new regulations come into effect, the industry’ sadvertising possibilities will become limited.
The Australian broadcast sector codes have been adjusted through the collaboration between ACMA, Commercial Radio Australia, Free TV as well as ASTRA and Subscription Television. The announcement has been made public quickly after the industry’s revised codes of practice have been properly registered. Gambling advertisers will no longer be able to share promotional content through media during live broadcasts before 8:30 pm. (more…)
It has been over 20 years since that momentous event when Ronald Reagan authorized the opening of gambling enterprises in the Indian reservations. Now slot machines are installed compactly in almost all the settlements of the indigenous population. Not only white Americans are becoming regular customers, but the Indians themselves nourish interest to adrenaline generating machines.
Some groups of citizens also benefit from the law: thus, there is no need for spending hundreds of dollars on crossing Atlantic Ocean or spending a couple of days at pompous Las Vegas – the new path leads gambling adherents to Indian reservation where a relatively cheap relaxation is guaranteed. In addition, online casino owners take advantage of registering their businesses in reservations, providing a legal opportunity to gamble online for gambling fans worldwide. And nbso online casino website – perhaps, the best place to pick up a juicy casino offer. Among the legions of reservation-based casinos the true leaders emerge, such as Mysterious Lake in vicinity of Minneapolis. The casino offers as many as 2,500 slot machines in the truly modern atmosphere with slight authentic incrustations and décor, boasting a statue of Women of the Water Spirit.
Cryptologic finds itself comfortably among the most authoritative and influential gambling software manufacturers. The company owns several subsidiaries – WagerLogic is one of them; the branch is involved directly in the development of the software itself. Another branch division, E-Cash Direct, handles all the financial transactions of all the casino platforms Cryptologic provided. The headquarters of gambling manufacturing giant is located in Dublin, Ireland. (more…)
In 2001, Indian government gave the green light to Caravel casino-ship project in Goa, the only one state empowered to accommodate gambling houses. 13 years passed and today India is the 9th largest state in the world in terms of revenue from the gaming industry.
Although lottery and horse racing are the only gambling forms officially allowed here (virtual gambling is prohibited in the country), in reality bookmakers and online casinos have virtually no restrictions. The attempts to modernise gambling legislation stumbled upon the resistance of the ruling parties of India. Meanwhile, local fans of online roulette, blackjack and slot machines are playing for real in offshore websites. Analysts believe that if India doesn’t take steps to regulate the industry, the situation with virtual gambling in the country will remain unchanged. (more…)
Despite the fact that the export of textiles, fisheries, banking and other financial services are the integral parts of Macau GDP, gambling industry is the locomotive of economy. Gambling business makes up about 40% of the GDP of Macao, and brings the government to 70% of its revenues (not to mention tourism industry, tightly interconnected with games of chance sector).
Gambling was legalized in 1847 with the purpose of generating income, as the government has suffered losses in competition with neighboring Hong Kong. The year of 1937 was marked by granting monopoly on gambling to Tai Heng. However, the excessive conservatism of Tai Heng, holding the full potential in its hands, predefined the exchange in the powers that be. Thus the government passed a monopoly to Sociedade de Turismo Diversoes de Macau after 25 years of Tai Heng reign. The new institution represented a syndicate created by business leaders of Hong Kong and Macau. Under the leadership of STDM, gambling industry began to develop quite rapidly: a range of Western games has been introduced, a water passenger line connecting Hong Kong and Macau was laid, the area started attracting millions of gambling fans from Hong Kong annually. STDM license expired in 2001, and since then the region experienced a second birth.
The new epoch peep of dawn
In 2002 the era of monopoly reached its dawn. Macau authorities issued licenses to three enterprises, and expanded the list to 6 with time. The region attracted the companies involved in Las Vegas, Australian and Hong Kong markets. In 2007 Macau presented the world’s biggest casino. It’s not a secret that Macau casino revenues have already exceeded those of Las Vegas, the region its position of the largest gaming centers on the planet. By the way, Oriental Las Vegas is the nickname of Macau.
Fun activities governed by the laws of Macau are controlled by a special body – the Office for Games Inspections and Control. Macau houses 33 casinos, while 23 of them are located in the Macau Peninsula, another 10 at Taipa Island.
Apart from myriads gaming houses, Macau also offers racetracks, greyhounds and numerous online casino websites. The race competitions are organised on Tuesdays and weekdays (the facilities can be found on Taipa Island and can accommodate up to 18,000 players, entry is open to persons who have reached 18 years of age. Bets are accepted in Makaosskih Pataca and Hong Kong dollars. The employment market is dominated by Jockey Club with more than of 1,500 people in staff. Located on the Macau Peninsula dog races stadium holds the events during the business week as well as weekdays(16 races each evening).
The social factor
Gambling is oftentimes considered to have a disastrous impact on society. The most crucial issue encountered by the former Portuguese colonial government was nothing but a dramatically high crime rate. Chinese triads had so much influence that local residents asked them for help, not the police. With the handover of the province to China initiated in 1999, the state of affairs has improved, but the crime is far from being eradicated. Another problem is the over-dependence on the welfare from other regions, especially from Hong Kong.
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