February 5, 2012  
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Industry NewsInternational Gambling News  
International Gambling News

Macau Casino Revenue Rises Again In January
Macau casino revenue is expected to level off at some point this year, but that has not been the case in early 2012. In January, revenue at Macau casinos was up 35% from the same period last year.

Ultimate Bet Payouts Questioned In Online Poker Cheat Scandal
Poker players who were the victims of the worst cheating scheme in online poker history have filed a lawsuit against the parent company of Ultimate Bet, the site on which the cheating scandal took place.

Zynga Gives Strongest Endorsement Yet For Online Gambling
Zynga has produced some of the most popular games currently available on the Facebook platform, and now the company has declared its desire to enter the world of online gambling.

Ladbrokes Purchases US Gaming Company In Advance Of Sports Betting
Ladbrokes is one of the largest sports betting companies in the world, so their acquisition of a US-based gaming company shows how serious they believe the US is regarding legalizing sports gambling country-wide.

Iowa Lawmakers Suggests Multi-state Online Gambling Allowance
Iowa lawmakers are not only looking to expand online gambling regulations in their state, but one legislator believes the recent Department of Justice ruling opens the door for multi-state Internet gambling.

Betfair Signs On To Help Keep Illegal Gambling Out Of 2012 Olympics
Betfair is the largest legalized gambling operation in the world, and the company has now partnered with the International Olympic Committee in an effort to keep illegal gambling out of the this year's Olympics in London.

Rumors Flying Over Possible Phil Ivey Sighting On PokerStars
Phil Ivey has been laying low on the poker scene since Full Tilt Poker decided not to pay back US online poker players, but rumors have been flying over the weekend that Ivey has surfaced on PokerStars.

PokerStars Rebounds From US Debacle To Gain Belgium License
PokerStars is still fresh off their indictment in the US, but the company has rebounded nicely in other countries. Belgium's online gambling began with the new year, and PokerStars is one of the acceptable sites where Belgians can gamble.

Macau Shows US States How To Handle Casino Gambling Industry
Macau gambling revenue from their casino industry grew by over forty percent in 2011, showing the rest of the world how to successfully expand an industry that continues to boom.

European Online Gambling Stocks Soar On Wednesday
The reaction of investors in Europe to the Department of Justice's reversal of the US' stance on Internet gambling was swift on Wednesday, with many of the top online gaming company stocks rising drastically.

Online Gambling Site Buys Michael Jackson Hair For Roulette Ball
OnlineGamblingPal.com has an interesting take on preserving The King of Pop's legacy. The online company has purchased a piece of Michael Jackson's hair, and expects to turn the hair into a roulette ball.

Macau Casino Industry Success Drives Up US Gaming Stock Prices
The Macau casino industry is booming and the result has been a steady increase in US gaming stock prices. The latest assessment of the Macau casinos has prices of Wynn Resorts, Las Vegas Sands, and MGM Resorts soaring.

Full Tilt Poker Deal Moving Forward, US Players May Get Paid
A deal is in the works for Groupe Bernard Tapie to purchase the ailing Full Tilt Poker brand. The US Justice Department is in favor of the deal, and would help facilitate US players getting their funds back.

Singapore Government Wants Tourists, Not Locals, In Casinos
The Singapore government is making it very clear to their new gaming establishments that the target of their advertisements moving forward should be tourists, not local residents.

Abbott Reveals Less Intrusive Gambling Reform For Australia
Lawmakers in Australia continue to battle over gambling reform and the latest proposal came courtesy of Tony Abbott. The Coalition unveiled a plan centered on voluntary pre-commitment programs and a decrease in gambling advertising.

US Online Gambling Law Change Could Boost Foreign Gaming Stocks
US lawmakers are considering a couple of bills that could change the online gambling landscape in the US. If the bills pass, foreign gaming operators could be in line for a boost to their current stock prices.

High Rollers Continue Record Run For Macau Casinos In October
It has long been known that many of the high roller casino gamblers come from China. Macau casinos are proving that point month after month, with the latest being another record revenue in October.

Australian Legislators Continue To Discuss Casino Reform
Australian lawmakers have been debating all year how to deal with the growing gambling addiction problem, and the latest idea circulating is to have a $1 limit on all slot bets.

US And UK Set To Square Off In WSOP Europe Main Event Final Table
The US and the UK are both represented well at the final table of the World Series of Poker Europe main event. Elio Fox, from New York, is the chip leader heading down the stretch.

World Series Of Poker Europe Finishing Up Best Year Ever
The World Series of Poker Europe is finishing up its best year ever when it comes to attendance. Players from all over the world have flocked to France to participate.
 
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