Economy/Finance

Casino News

Temmuz 23, 2015

34 gambling establishments apply for South Korea casino licenses

The Asian gaming boom continues even as revenues shrink in flagship Macau. Seeing massive tax possibilities and tourism benefits, coupled with an exodus of VIPs from Macau, several Asian countries including Vietnam, Cambodia, the Philippines and South Korea are upping the stakes to attract gamblers from nearby countries. South Korea appears to be the biggest benefactor from Macau’s decline as […]

Temmuz 23, 2015

Cambodian gaming tax revenue Up 20% first 6 Months

The Cambodian Daily is reporting that gaming tax revenue increased year on year a full 20% in the first half of 2015 to $12 million. A Finance Minister is cited as saying that the increase is due to an increase in Thai gamblers crossing the border to play in Cambodian casinos. In the January through June period of 2014, casinos […]

Temmuz 23, 2015

1st Gaming Congress Kazakhstan begins in Almaty August 20th

The gambling industry is growing in what are now known as the The Commonwealth of Independent States (CIS). The CIS consists of the former Soviet Republics of Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan. Before now there was has been no centralized organization for the industry players to network, share knowledge, and expand their businesses. Thus […]

Ağustos 7, 2015

Cyprus casino vote Thursday; easy passage predicted

The government of Cyprus is reportedly satisfied with all amendments and changes that have occurred with the country’s casino authorization bill and the law is expected to be voted on and approved by a majority of Ministers of Parliament on Thursday, July 2nd. One major change in the current bill is the allowance of a single satellite, slots only casino […]