![]() ![]() —Ben Weissentein |
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11th June 2018 | SHARE THIS
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The Story | |||||
Switzerland has voted in favor of allowing local casinos to offer online gambling while blocking the domains of internationally licensed gambling operators. |
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The vote is a victory for local casinos. |
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On Sunday, 72.9% of Swiss voters who showed up cast their vote in favor of their country’s new gambling law which is set to take effect in 2019. The new law will grant land–based casinos the right to expand their operations online, while gambling sites that won’t partner with local casinos will be closed. It was the older voters who took the ‘Yes’ votes to victory, as they were swayed by the claims that allowing international sites continued access to the market would hamper the government’s ability to fund social programs. |
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William Shen: IRs add dimension to non–gaming entertainment |
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In this interview with CalvinAyre.com’s Stephanie Tower, the Caesars Entertainment Senior Vice President shared why Japan is a viable location for casino operators. |
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CFTC moves forward with crypto price probe, demands info from exchanges |
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The U.S. Commodity Futures Trading Commission (CFTC) has started contacting cryptocurrency exchanges for their trading data as part of its investigation on alleged price manipulation schemes. |
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India probes Goa’s 10 biggest casinos for tax evasion | |||||
The Directorate of Revenue Intelligence accused six land-based and four floating casinos of failing to pay the 15% tax on license fees from 2014 to 2016. |
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Universal Entertainment to use US subsidiary for Philippine license bid | |||||
Universal Entertainment has tapped UE Technologies Inc. in its bid to obtain a license which will allow it to manufacture casino equipment and devices in the Philippines. |
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Melco Int’l’s temporary Cyprus casino to open this month | |||||
Melco International Development executives, including CEO Lawrence Ho, went to Cyprus for the groundbreaking of the €550m City of Dreams Mediterranean, Europe’s largest casino project to date. |
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Camelot reports record digital lottery sales, retail decline | |||||
UK’s national lottery operator posted a modest one–third of a percent growth in its sales over the last 12 months, totaling £6.95b. |
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New Jersey’s new sports betting bill doesn’t bode well for eSports | |||||
The revised sports betting bill seems to unfavorable for eSports operators as it contains a provision which defines “electronic sports” as a “prohibited sports event.” |
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Lottoland just gave out what could be the single largest sum ever issued by an online gambling or lottery site. A Berlin–based customer won €90m (US$106m) in a EuroJackpot lottery draw, smashing the previous record payout of €14m in 2016. |
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7 reasons to attend the 2018 GiH Conference |
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It’s only a few days before the Gaming in Holland Conference 2018 kicks off in Amsterdam. If you have not decided yet, we listed seven reasons why you should not miss the event. Register now! |
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Congratulations to Erik Hansen for being appointed as the first Chief Sustainability Officer of Wynn Resorts! Before his appointment to the newly created post, Hansen served as the company’s Director of Procurement. In his new position, Hansen will help the casino company develop energy procurement goals and create a global sustainability strategy. | |||||
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Want to be a guest contributor? Email bill@calvinayre.com |
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