Genting Group to Take Part in Casino License Bidding Process in Japan

Genting Group to Take Part in Casino License Bidding Process in Japan

The integrated casino resorts legislation still remains as one of the paramount priorities in the agenda of Japanese legislators, with foreign investors keeping a close eye on the possible opportunities that local land-based casino industry could offer. Genting Bhd, a Malaysian casino investor group, has revealed that it feels positive that the country’s Integrated Resorts Implementation Bill is to be presented to Japan’s Parliament within the 2018 parliamentary calendar. In addition, the Group revealed that it is preparing for taking part in a possible bidding process for gambling operation licenses…

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General Data Protection Regulation (GDPR) Comes Into Effect on May 25th, Reminds UKGC

General Data Protection Regulation (GDPR) Comes Into Effect on May 25th, Reminds UKGC

The UK Gambling Commission (UKGC) issued a note to businesses that operate in the local gambling market addressing the concerns of such companies related to the new data protection legislation. The Commission reminded that the General Data Protection Regulation (GDPR) is to be enacted on May 25th 2018 both in the UK and in the European Union (EU) and shared that it would help operators’ ability to meet their licensing duties. The major gambling regulatory body in the UK further explained that the new piece of data protection legislation comes…

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Gambling Addiction Among Children Increases in New York Communities

Gambling Addiction Among Children Increases in New York Communities

Recently, the “silent addiction” to gambling has been affecting more and more children in communities in the state of New York, as revealed by a local organization focused on dealing with various dependences in the Rochester Area. Recent reports have shown that about 39% of children between 12 and 17 years have already gambled, with 30% of youngsters revealing that they have gambled before turning the age of 10. And the biggest addiction to children has become online gambling. As reported by the WHEC, according to the director of DePaul’s…

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2017 Singapore Gambling Participation Rise by 8% While Problem Gambling Rates Remain Stable

2017 Singapore Gambling Participation Rise by 8% While Problem Gambling Rates Remain Stable

Last week, the National Council of Problem Gambling (NCPG) of Singapore presented its report of gambling participation and problem gambling among local citizens’ in 2017. This was the fifth survey which takes place every three years in the country to monitor the Singapore residents’ participation in gambling activities, with the previous studies being held in 2005, 2008, 2011 and 2014. As revealed by the NCPG, the latest survey on gambling participation of Singapore adults had two major objectives. On one hand, the study was aimed at making an assessment of…

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Australian Players Generate World’s Largest Gambling Losses on Pokies

Australian Players Generate World’s Largest Gambling Losses on Pokies

Recently, the gambling participation rates in Australia have reached extraordinary levels mostly thanks to electronic gambling machines, also known as pokies. According to a Government statistics, poker machines account for over 50% of the individual annual gambling losses of local citizens, an amount estimated to approximately AU$24 billion. Australians’ gambling losses generated on a per-capita basis, have been estimated to amount to over AU$1,200 annually. The analytics company H2 Gambling Capital compared the gambling losses generated by local people and residents of other countries, and it turned out that Australian…

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North and North-East UK Residents Spent £114 Million on FOBTs Between 2008 and 2016

North and North-East UK Residents Spent £114 Million on FOBTs Between 2008 and 2016

According to statistics which have recently been rolled out by the Campaign for Fairer Gambling, gamblers who live in the north and north-east regions of the UK have spent over £114 million on fixed-odds betting terminals (FOBTs) in local betting shops in a period of eight years only. As reported by The Press and Journal, the data released by the Campaign for Fairer Gambling showed that Aberdeen players spent an amount exceeding £63.5 million on the controversial machines from 2008 to 2016. According to the statistics, approximately £25 million of…

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Japanese People to Pay ¥6,000 Casino Entry Fee under Casino Gambling Bill

Japanese People to Pay ¥6,000 Casino Entry Fee under Casino Gambling Bill

Yesterday, the two ruling parties in Japan reached a consensus on the long-awaited casino gambling legislation, which is to expand the country’s gambling market. The bill that is to allow casino gambling in Japan is expected to be submitted to the Diet later in April, with the Japanese Government sharing its hopes to see the law brought into action by the end of the ongoing Parliament session. The latter is expected to close on June 20th. If the Japanese parliament passes the so-called Integrated Resorts bill, casino gambling would be…

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Japan Ruling Coalition Gives the Nod to Three Casino Locations

Japan Ruling Coalition Gives the Nod to Three Casino Locations

The ruling party in Japan – the Liberal Democratic Party – and its junior coalition partner – Komeito – reached an agreement in terms of the so-called integrated casino resorts, revealing that such resorts are to be built in three locations in the country. Reportedly, the two parties have agreed on nine out of eleven key issues in regards to the casino, including the number of casinos to be allowed to operate on the territory of the country. The talks have marked major progress, as only a few days earlier,…

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Duterte Administration Allies Would Benefit from Boracay Casino, Says Rep. Zarate

Duterte Administration Allies Would Benefit from Boracay Casino, Says Rep. Zarate

Carlos Zarate, the Bayan Muna party-list representative, shared his fears related to the Boracay Island casino resort project, saying that the environmental issues which have recently emerged were only being used as a cover-up in order to help Duterte administration allow the casino project construction there. According to Mr. Zarate, the project for the $500-million casino that is set to be constructed in the popular summer tourist destination could cause some damage not only on the environment of the island, but on its social landscape as well. He released a…

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SNP Member from Aberdeen Insists on FOBTs Maximum Stake Reduction to £2

SNP Member from Aberdeen Insists on FOBTs Maximum Stake Reduction to £2

Kevin Stewart, a member of the Aberdeen Central Scottish National Party (SNP) who in 2015 occupied the role of Convenor of the local government and regeneration committee of Holyrood, has called the UK Government to slash the maximum bet allowed on notorious fixed-odds betting terminals (FOBTs) to £2. At the time he took part in a Scottish Parliament event Mr. Stewart explained that the latest recommendation made by the UK Gambling Commission (UKGC) for lowering the maximum stake to £30 was absurd and revealed he backed the proposed £2 stake.…

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