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Paddy Power Rails Against ‘Addictive’ FOBTs

Paddy Power co-founder Stewart Kenny is so opposed to the spread of fixed odds betting terminals (FOBTs) that he secretly lobbied the Irish government in an effort to ban them entirely, according to a recent report in the Times (registration required). Stewart, who resigned his position as a board member with the company during the […]

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  • December 7th, 2016 by admin

Casino Junket Operator Flees Philippines After Duterte-Issued Arrest Order

Jack Lam, one of the biggest names in the Asian casino junket buiness, has fled the Philippines after President Rodrigo Duterte issued an order for his arrest on bribery charges. Sources in the Philippine Government allege that Lam attempted to bribe Justice Secretary Vitaliano Aguirre and Philippine Amusement and Gaming Corp. chairperson Andrea Domingo during […]

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  • December 5th, 2016 by admin

500.com Strives for Profitiability with Social Gaming Acquisition

500.com is hoping that its recent acquisition of a Chinese social poker site will help quell investor worries by bringing the company some much-needed positive revenue. It’s a big move that could be a life changer for the struggling sports lottery giant. Company officials announced the acquisition of a 51 percent share of Qufan Internet […]

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  • December 3rd, 2016 by admin

Chinese Government Outraged Over Philippines Gambling Crackdown

Early this week, the Chinese government expressed its concern over the Philippine government’s detention of 1,200 Chinese nationals as part of its ongoing crackdown on online gambling. The detention could cause a serious strain in Duterte’s efforts to improve relations with his country’s massive neighbor. The international incident began last week when Philippines’ law enforcement […]

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  • December 1st, 2016 by admin

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