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Gambling News

France sees 2 bn euro payoff as lottery IPO launched

Paris - France's state-owned lottery monopoly kicked off its shift to private hands Thursday, opening the sale of shares in the company that is likely to bring nearly two billion euros ($2.2 billion) to government coffers.

Australia orders probe into treatment of Chinese high rollers

Sydney - Australia's government on Tuesday ordered an inquiry into allegations that police, customs and immigration officials illegally smoothed the way for a prominent casino group to attract Chinese high rollers.

High stakes for enclave as Europe's biggest casino goes bust

Campione D'italia - Campione d'Italia, a tiny Italian enclave on the shores of Switzerland's Lake Lugano, is fighting for its survival after its main source of income -- a giant casino -- went bankrupt.

Vietnam police bust $1bn illegal online gambling ring

Hanoi - Police in Vietnam broke up an online gambling ring that had handled more than $1 billion in bets and arrested 22 people, reports said Saturday, in what is believed to be the largest-ever internet betting operation in the communist country.

Ginger Diana? Betting hots up on Britain's royal baby

London - Prince Harry and his wife Meghan's baby will be a girl called Diana born at home early next month -- or so say the odds being offered by British bookmakers.

Sex, casinos and tiger parts: Myanmar's vice-riddled China frontier

Mongla - Bentleys and BMW convertibles roll up to the "Venetian Casino" in Mongla on the Myanmar-China border, a melting pot of sex, drugs and gambling on a frontier that has also become a "supermarket" for illegally traded wildlife.

Australia casino giant Crown mulling $7.1 bn takeover by Wynn

Sydney - Australian gambling giant Crown Resorts on Tuesday confirmed a takeover offer from US gaming group Wynn Resorts, estimated to be worth more than US$7 billion, sending the firm's shares surging by a quarter.

Singapore casino resort to get $3.3 billion expansion

Fpo - A major casino resort on Singapore's waterfront is to get a $3.3 billion expansion, including a new tower featuring luxury rooms and a 15,000-seat arena, its owner said.

Kosovo bans gambling after casino murders

Pristina - Kosovo has banned all gambling for the next decade in a bid to crack down on crime after two casino staff were murdered last week.

Muse: Myanmar's militia-run, billion-dollar gateway to China

- With tinted windows and their militia name emblazoned on the side of their Ford truck, "Pan Say" fighters cruise the sleazy streets of Muse, Myanmar's main gateway to China and awash with weapons and cash from casinos, drugs and sex.

Chips are down for online gamblers as US moves toward new ban

Washington - US authorities have begun an effort to ban all forms of internet gambling, reversing course from a 2011 decision and imperiling a burgeoning online wagering sector in several American states.

Is AI better than punters at bluffing in gambling?

Gambling has partly made a digital shift, away from dimly-lit casinos to the brighter online world, opening up opportunities for more people to lose their money (and a few to win). What role can, and should, AI and machine learning play?

Indonesia's Aceh whips men for sharia-banned gambling

Indonesia - A group of men caught gambling were publicly whipped in Indonesia's conservative Muslim province of Aceh on Tuesday as a crowd of onlookers cheered.

Austrian gambling addict wins 2.5m euros compensation

Vienna - An Austrian court has ordered a gambling company to pay 2.5 million euros ($2.87m) to a gambler the court found was under the influence of addiction, in a judgement made public on Monday.

Casino designed by Zaha Hadid opens in Macau

Fpo - A flamboyant new casino designed by Zaha Hadid opened its doors in Macau on Friday, featuring futuristic curves and skeletal steel structures characteristic of the acclaimed late architect.

Swiss vote to block foreign-based gambling sites

Geneva - Swiss voters overwhelmingly approved Sunday blocking foreign-based betting sites in a high-stakes referendum on a new gambling law designed to prevent addiction, but which opponents said amounted to internet censorship.A full 72.

Swiss to place bets on gambling law in high stakes referendum

Geneva - Swiss voters will decide on Sunday whether to back a new gambling law designed to prevent addiction and allow some online betting, or reject what opponents say amounts to internet censorship.

UK slashes maximum stake on gambling machines to £2

London - Britain will slash the maximum stake on controversial gambling machines to £2 ($2.7, 2.3 euros) per spin, the government said Thursday, as it vowed "to protect the most vulnerable in society" from harmful losses.

Vietnam arrests another police official over online gambling ring

Hanoi - Vietnam has arrested a second senior police official accused of involvement in an illicit online gambling ring, the Ministry of Public Security said Friday, amid a sweeping crackdown on graft in the communist nation.

Vegas tycoon Steve Wynn quits resorts firm over harassment claims

Washington - Las Vegas casino billionaire Steve Wynn announced Tuesday he was stepping down as chairman and CEO of his company Wynn Resorts following allegations of decades of sexual misconduct.

Europe's 'largest casino complex' to open in Cyprus by 2021

Nicosia - A casino complex billed as the largest of its kind in Europe is scheduled to begin operations in Cyprus by 2021, giving a major boost to the economy, officials said Tuesday.

Nose spray tested to kick gambling habit: Finnish researchers

Helsinki - Finnish researchers on Monday said they were to launch a study to see if gambling addiction can be treated with a fast-working nasal spray.

Gaming giant Crown faces misconduct claims in Australia

Sydney - Australian gambling powerhouse Crown is facing a raft of explosive allegations, including slot machine tampering and avoiding money-laundering scrutiny after whistleblower accounts were tabled in parliament Wednesday.

Donald Trump proving a godsend for British bookmakers

London - Donald Trump is proving such a good source of income for British bookmakers that one bookie has a department solely devoted to bets related to the US president.

Gambling addict brings landmark Australia poker machine case

Sydney - A landmark trial began Tuesday against Australian casino giant Crown and gambling slot machine maker Aristocrat, alleging players are misled or deceived about their chances of winning.

'Mafia links' halted Trump plan to build Sydney casino

Sydney - Donald Trump's plan to build and operate Sydney's first casino were killed off due to his consortium's "mafia connections", according to documents made public Thursday after 30 years.

Deadly storm tells tale of two cities in Macau

Macau - When Typhoon Hato swept into Macau it exposed a very different side to a city best-known for ostentatious casinos and wealthy high rollers.

Philippines puts big casinos on money-laundering watch

Manila - The Philippines said Wednesday it would monitor large transactions at casinos to curb money-laundering, after proceeds from an $81 million theft were funnelled through several gambling establishments last year.

Philippine casino hit by deadly arson attack reopens

Manila - A Philippine casino that was shut down after an armed attacker set fire to gambling rooms claiming the lives of 37 people reopened Thursday with enhanced security, authorities said.

Gibraltar bets on holding online gambling top spot

Gibraltar - Gibraltar Friday vowed to do whatever it takes to keep its position as a leading online gambling jurisdiction despite Britain's looming exit from the European Union.
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screenshot from EuroMillions commercial
The Revel casino hotel in Atlantic City  N.J.  is shown in June 2011.
The Revel casino hotel in Atlantic City, N.J., is shown in June 2011.
Stinkie Pinkie
Online gaming faces challenges from traditional sources and others.
Online gaming faces challenges from traditional sources and others.
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Amarillo Slim Preston (1928-2012).
Amarillo Slim Preston (1928-2012).
Creative Commons
A Ladbrokes branch in Leeds
A Ladbrokes branch in Leeds
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Only in a soap opera could a punter win 35 grand with a four horse accumulator on a stewards  inquir...
Only in a soap opera could a punter win 35 grand with a four horse accumulator on a stewards' inquiry in the last race.
ITV
The Wiliam Hill Sunday Facebook Freeroll  April 8  2012. At Hold  Em if you flop a king flush you ve...
The Wiliam Hill Sunday Facebook Freeroll, April 8, 2012. At Hold 'Em if you flop a king flush you've as good as won the pot. Most of the time!
SUPPORT: Dancers on a Powerball float try to attract attention at the Chicago Gay Pride Parade in 20...
SUPPORT: Dancers on a Powerball float try to attract attention at the Chicago Gay Pride Parade in 2010.
nathanmac87/Wikimedia Commons
Several Mega Millions tickets
Several Mega Millions tickets
skampy
ARRIVAL: New Jersey Gov. Chris Christie (left) greets U.S. President Barack Obama and FEMA Administr...
ARRIVAL: New Jersey Gov. Chris Christie (left) greets U.S. President Barack Obama and FEMA Administrator Craig Fugate on the tarmac at Atlantic City International Airport after the two federal officials arrived to tour storm damage from Hurrican Sandy in 2012.
White House photo by Chuck Kennedy
Quad aces crush pocket 5s in a points freeroll on Party Poker  May 2  2012.
Quad aces crush pocket 5s in a points freeroll on Party Poker, May 2, 2012.
Untitled
Themed Wire
The free money one on-line gambling site has handed out since 2001.
The free money one on-line gambling site has handed out since 2001.
Party Poker  making a simple game complex.
Party Poker, making a simple game complex.
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Slot machine
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Screenshot of an online poker site
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