Economy/Finance

Alvin Chau Cheok Wa to resign as boss of Suncity Group Holdings Limited

Adam Morgan
Latest Casino and Gambling News, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Money Laundering, Unlicensed Operation, Online Gambling News, Asian Casino News, Mergers, Acquisitions & Partnerships, Crime, Financial Fraud
Following his arrest by police in mainland China over the weekend and Alvin Chau Cheok Wa (pictured) is reportedly set to stand down as Chief Executive Officer for Asian casino investor Suncity Group Holdings L...

Macau arrests eleven over illegal mainland gambling allegations

Adam Morgan
Gaming Law & Legislation, Latest Casino and Gambling News, Casino News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, Unlicensed Operation, Macau, Online Gambling News, Crime, Financial Fraud
In Macau and the Judiciary Police has reportedly announced the arrest of eleven individuals for allegedly having ties to illicit gambling supposedly being conducted by local junket giant Suncity Group. Accor...

Substantial financial backing for planned PickGuru social gaming platform

Adam Morgan
Latest Casino and Gambling News, Online gaming software, Gaming Industry News, Technology, Economy/Finance, Mobile gaming, Employment & Careers, Sports betting, Online Gambling News, Fantasy Sports, Mergers, Acquisitions & Partnerships, United Kingdom
In the United Kingdom and the co-founder of prominent sports data and analytics firm Stats Perform has announced that he will soon be launching the new PickGuru social gaming platform after securing some £2.6 m...

Seminole Tribe of Florida to fight federal online sportsbetting ruling

Adam Morgan
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Online gambling regulation, Gaming Industry News, Economy/Finance, Florida, Online Gambling News, Sports betting, Taxation, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation
The Seminole Tribe of Florida has reportedly announced that it will be appealing this week’s federal court decision that barred it from running online sportsbetting in Florida under the terms of a 30-year gamin...

Federal judge scuppers planned Florida online sportsbetting legalization

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Online gambling regulation, Gaming Industry News, Economy/Finance, Florida, Sports betting, Online Gambling News, Taxation, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation
In the United States and a federal judge has reportedly ruled against the state of Florida’s attempt to launch legalized online sportsbetting in partnership with the Seminole Tribe of Florida. According to a...

PaddyPower.com domain abandons its RTE football sponsorship alliance

Adam Morgan
Ireland, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
In Ireland and online gaming behemoth Flutter Entertainment has reportedly announced that its PaddyPower.com sportsbetting domain has cancelled the sponsorship deal it held with national television and radio br...

Stanley Choi Chiu Fai offloads more shares in International Entertainment Corporation

Adam Morgan
Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Casino project updates, Hong Kong, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships
The Chairman for International Entertainment Corporation, Stanley Choi Chiu Fai (pictured), has reportedly just pocketed approximately $3.38 million by selling a 4.8% stake in the hotel and leisure operator to ...

Wakayama Prefecture postpones resident integrated casino resort briefings

Adam Morgan
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino project updates, Gaming Industry News, Economy/Finance, Employment & Careers, Japan, Licenses, Mergers, Acquisitions & Partnerships
In Japan and Wakayama Prefecture has reportedly postponed a series of briefings that were due to be held from later this week so as to allow the local population to ask questions regarding the jurisdiction’s en...