Category: Games News

Betting And Gaming Council Calls On UK Chancellor To Reconsider “Stealth Casino Tax”

December 6, 2024

The Betting and Gaming Council (BGC), the UK’s only wagering and gaming industry body, has called on the Chancellor to reconsider indirect tax on land-based casinos, the Autumn Statement confirmed.

UK casino Gaming Duty Bands frozen again:

According to measures revealed by the Treasury, Gaming Duty Bands imposed on the UK casinos have been “frozen“ once again and won’t grow with inflation, which successfully led to a £5 million tax increase per year for land-based casinos that are members of the BGC. Additionally, there were hopes that the freeze, firstly revealed in March of this year, would be lifted, giving a substantial encouragement to a section which has troubles with energy expenses and salary increases alongside…...

Snuneymuxw First Nation Acquires Casino Nanaimo from Great Canadian Entertainment

December 6, 2024

Great Canadian Entertainment has announced the sale of its “landmark Vancouver Island property,” Casino Nanaimo, to the Snuneymuxw First Nation’s economic development corporation. This significant transaction was unanimously approved by the company’s board of directors and is subject to customary closing conditions and regulatory approvals.

Under the terms of the agreement, Great Canadian Entertainment will provide transition services to Petroglyph Development Group Ltd. for up to two years post-closing, according to Victoria News. Petroglyph is a wholly owned corporation of the Snuneymuxw First Nation.

“We are very pleased to have executed this agreement. As the operator of Casino Nanaimo since its inception in 1986, w…...

The House of the Dead- Remake – Análisis

December 5, 2024

FORM – Análisis

December 4, 2024

The Star Sydney Faces Charges Over Alleged Forgery of Welfare Checks Amid Second Investigation Into License Suitability

December 3, 2024

According to The Sydney Morning Herald, a special manager of The Star Sydney has reportedly claimed the casino forged welfare checks on pokie gamblers and inadvertently permitted clients to obtain $3.2m they didn’t earn from the casino’s machines. Besides this, according to opening proof in NSW’s corporate culture investigation, Nicholas Weeks also laid charges against executives for planning to take legal action against him.

Plans to oust Weeks from the firm:

The NSW Independent Casino Commission appointed Weeks to the Pyrmont casino on the date its casino license was suspended, which was in October 2022, and the suspension was initially supposed to last 3 months. However, his stay at the firm was expanded 3 times at the watchdog̵…...

The Star Entertainment Group Limited license suitability probe wraps up

December 3, 2024

Star Entertainment Sees a Net Loss of US$4.4m in March Quarter Due to Continuing Vacancy of Top Players

November 29, 2024

Star Entertainment Group has officially revealed its trading update report for the March quarter of the current year, which showed that it recorded a net loss of AU$ 6.8, approximately US$4.4m. The primary reason for this was the continued non-attendance of top players.

Quarterly trading update details:Come from Lodigame777

In the aforementioned trading update report (pdf) officially published on April 12, the firm emphasized that income generated from premium gaming rooms found at The Star Sydney had recorded a notable annual drop of 19.3%. In addition, premium gaming income fell 28% at Treasury Brisbane and 20% at The Star Gold Coast.

Even though there was a small growth in performanc…...

Summit Ascent Holdings Limited benefits from domestic Tigre De Cristal trade

November 29, 2024

Summit Ascent Holdings Limited has released its interim half-year financial results showing that aggregated revenues increased by 37% year-on-year to approximately $22.6 million thanks to the strong performance of its sole Tigre De Cristal venue.

The Hong Kong-listed firm used an official Tuesday filing (pdf) to detail that this rise helped its six-month adjusted earnings before interest, tax, depreciation and amortization swell by $249% year-on-year to top $7.6 million and pushed its associated gross profit to north of $15.7 million. The operator also explained that this latter figure was much better than the $1 million deficit it chalked up for the same period in 2021 and took its attributable net yield back into the black at almost $10.9 million.

Read More

Veikkaus Oy maintaining slot parlor closures in the face of coronavirus

November 28, 2024

In Finland and state-run gaming operator Veikkaus Oy has announced that it is to maintain the temporary closure of the vast majority of its slot parlors owing to the ongoing health threat posed by the coronavirus pandemic.

The organization began locking down operations across Finland in late-November as the Scandinavian nation experienced a dramatic spike in the number of locals coming down with the potentially-deadly ailment. The operator subsequently extended these closures impacting its network of Pelaamot and Feel Vegas gaming clubs for the remainder of 2020 while moreover continuing to keep its flagship Casino Helsinki facility shuttered.

Mounting proscription:

Veikkaus Oy used an official Wednesday press release to detail that its establ…...

Stakelogic Live signs Versailles Casino for extended footprint in Belgium

November 27, 2024

Stakelogic Live, a leading live casino content provider, has signed an integration deal with Belgium operator Versailles Casino to add another big-name brand to its growing network of operator partners in the jurisdiction. The deal will see the in-demand Maltese provider of premium live dealer content expanding its footprint in the Belgium market through another integration with key market participants.

Adding quality and diversity:

Under the terms of the agreement, Versailles Casino will now access Stakelogic Live’s portfolio to source and operate Auto Roulette and Auto Roulette Classic titles which will add quality and diversity to its live dealer lounge and make it even more attractive for players.

Stakelogic Live boasts Auto Roulette tit…...