An insider trading trial against gambling mogul and former Amaya CEO David Baazov launched last month in Quebec but it seems it could soon come to an end. Quebec’s securities regulator, the AutoritĆ© des marchĆ©s financiers (AMF), has apparently mistakenly disclosed more than 320,000 documents with the defence. Now, four […]
Author: Paul Brooks
Caesars Windsor Closure May Cut Down Annual Payments to the City
As the labour strike at Caesars Windsor enters its seventh week, the casino closure seems to be harming the local economy in more than one way. Along with the drop in tourist numbers already felt by some businesses, the strike may cut down the annual payments to the city, which […]
OLG Extends Partnership with Scientific Games for Another 4 Years
Ontario Lottery and Gaming Corporation (OLG), the agency managing all gaming and lottery operations in the Province of Ontario, has extended its contract with Scientific Games as a provider of its instant game offerings for another four years. OLGās partnership with the Las Vegas-based leading provider of lottery products will […]
The Stars Group Allegedly Strikes Deal with Hong Kong Based Company for Operating PokerStars Tournaments in Asia
Canadian gambling giant and owner of PokerStars, The Stars Group, has allegedly granted an Asian company to operate its live poker tournaments in certain countries across Asia. This was announced Friday by the Hong Kong-based International Entertainment Corporation which hotel and entertainment operations in the Philippines and Macau. The Stars […]
Thai Study Finds Six-Year-Old Punter amid World Cup Betting Crackdown
A recent survey has found a six-year-old punter betting on football matches in Thailand despite a nearly total ban on gambling in the country. Meanwhile, authorities have declared crackdown on World Cup betting less than a month before the start of the football championship in Russia. More than half of […]
Business Group Funds Kingsway Casino Project Appeal with City-Sanctioned Money
A business group representing all businesses in downtown Sudbury will be filing an appeal against the casino and entertainment project on the Kingsway. Last month, Greater Sudbury City Council approved the ambitious project that will include a modern casino, a hotel, and a large concert arena. On Tuesday, councillors voted […]
Industry Insiders Warn Canada May Lag Behind in the Wake of US Sports Betting Legalization
Canada should reconsider its stance on sports wagering unless it wants to lag behind its neighbour in the south, industry insiders have warned in the wake of sports betting legalization in the United States. On Monday, the Canadian Gaming Association said in a press release that it welcomes the US […]
Mohegan Tribe Decides on a Sole Ownership of South Korean Casino Project
Connecticutās Mohegan Tribe, a federally recognized tribal nation in the United States, has decided to purchase its partnerās stake in Project Inspire, a casino complex currently under development in South Korea. With the move, Mohegan Gaming and Entertainment reaches sole ownership of its first international project and boosts its diversification […]
Online Gambling Continues to Rise in Finland Reaching Nearly Half of Q1 Sales
The popularity of online gambling is seeing record highs all around the world and Finland is no exception with digital sales making nearly half of all sales in the first three months of the year. The state-run gambling and betting agency Veikkaus posted its Interim Report for Q1 2018 which […]
Lawsuits against Prescription Drug over Gambling Losses to Be Settled in the US
In March, the relatively popular anti-psychotic drug Abilify was pointed as the cause for gambling addiction in two separate lawsuits in British Columbia. While there is still no development in the Canadian cases, hundreds of lawsuits against the prescription drug may be settled in the United States in the coming […]