Latest GamblingPlanet.org News Articles

Business: Taiwan seeks investment for casinos

phill — Tue, 06 Jan 2009 04:39:42 +0000

Taiwan officials announced Monday that they are seeking $909 million in private investment to build two resort casinos. According to the Taipei Times, Taiwan’s Cabinet-level Public Construction Committee said the casinos would be the largest of 12 it hopes to construct in the next eight years.

Officials said the two casinos would be located in Penghu Country, a region comprising some 90 islets approximately 44 miles off the west coast of Taiwan. Two possible locations, they said, were Houliao Bay and Huhsi Port.

International: U.K. ups slot limits

phill — Mon, 05 Jan 2009 20:13:44 +0000

The Times Online reported today that U.K. Cultural Secretary Andrew Burnham has approved a resolution to relax slot-machine limits. According to the new guidelines, slots in the nation’s clubs, pubs and brick-and-mortar bookmakers can now accept wagers of up to $1.47 and pay out a maximum of $102.88.

International: Czech Republic to offer online licenses

phill — Mon, 05 Jan 2009 07:07:54 +0000

iGamingBusiness reported Saturday that the Czech Republic will begin issuing licenses to Czech companies interested in operating online-gambling sites. According to the trade journal's press release, the Czech government will begin offering the licenses Monday, Jan. 5 at the earliest.

International: Kazakhstan doubles efforts to end gambling

phill — Mon, 29 Dec 2008 03:41:10 +0000

Online news site Kazinform reported Wednesday that a bill to increase gambling regulation in Kazakhstan was passed in the nation’s senate during its first reading.

The bill, whose name roughly translates to “Amendments to Legislation Regulating Gambling Business in the Republic of Kazakhstan,” was introduced during a plenary session last week.

Blotter: Poker-playing monks arrested

phill — Sun, 28 Dec 2008 21:15:00 +0000

The Korean Times reported Thursday that police in Boeun, South Korea arrested five Buddhist monks for betting on an illegal poker game during a raid on a Mount Songni hotel.

Business: Ross to retire from Ladbrokes

phill — Fri, 26 Dec 2008 18:47:10 +0000

Ladbrokes PLC announced last week that corporate development director Alan Ross will not stand for re-election in May. He will instead retire from the company July 19, 2009.

Blotter: 13 Punjab bookies arrested

phill — Mon, 22 Dec 2008 09:44:37 +0000

Saturday, police in Patiala, India arrested 13 people in connection with illegal bookmaking on the second India-England Test cricket match in Mohali.

Business: GameLogic receives $3 million in financing

phill — Mon, 22 Dec 2008 08:02:08 +0000

U.S. software developer GameLogic announced Wednesday that it received $3 million in debt financing from Velocity Financial Group.

Accoding to Velocity principal J.P. Marchette, the finance company has become exceedingly selective due to the “current economic environment.” But, he said, Velocity saw “a tremendous opportunity” in the case of GameLogic.

Blotter: PartyGaming co-founder pleads guilty to wire violation

phill — Mon, 22 Dec 2008 06:06:24 +0000

Tuesday, PartyGaming co-founder Anurag Dikshit pleaded guilty to violating the Interstate Wire Act of 1961. Dikshit faces up to $250,000 in fines and two years in prison.

Tournament: Smyth scores at Poker Million VII - SPOILER ALERT!!

phill — Tue, 16 Dec 2008 06:48:48 +0000

Friday, BoylePoker.com pro Marty Smyth left London $1 million richer after beating out six other finalists at Ladbrokes’ Poker Million VII. Smyth’s win crowns two prior final-table attempts at the Poker Million pot and brings his total career earnings to over $3.5 million.