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Adelson’s Japanese Casino Could Cost $10 Billion

Sheldon Adelson is getting ready to invest upwards of $ 10 billion on the construction of a Las Vegas Sand Corporation casino in Japan. The billionaire casino magnate and political activist is so confident of success in the Land of the Rising Sun that he’s willing to lay down that $ 10 billion bet in […]

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  • February 25th, 2017 by admin

Mexican Gambling Reform Delayed Again

Mexican lawmakers are, once again, delaying an ambitious set of gambling law reforms that were aimed at moving the country’s gaming industry into the 21st century. Members of Mexico’s gambling industry were hoping to see the Law of Games and Sweepstakes update implemented by August 31, 2018, but virtually no one seems to think that’s […]

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  • February 23rd, 2017 by admin

California Lawmakers Take Another Stab at Online Poker

California lawmakers are taking another stab at legalizing online poker with the introduction of The Internet Consumer Protection Act (AB 1677). The proposed legislation would establish a licensing scheme for the state; address the thorny issue of compensation for race tracks for not being allowed to participate in online gambling; and lays out the basics […]

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  • February 21st, 2017 by admin

Bitcoin Report: Hedge Funds Snapping Up Mt. Gox Customer Claims

International hedge fund operators are snapping up claims from former customers of the now defunct bitcoin exchange, Mt. Gox. The story was broken by reporters at the Financial Times (subscription required) who relied on their own sources at unnamed international hedge funds. The current offer being floated is 15 percent of the claims value in […]

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  • February 19th, 2017 by admin

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