A slot-machine operator hit by new laws which TREBLED its tax bill has been bailed out by a private equity firm. JVH Gaming — the biggest gaming arcade operator in the Netherlands — ran up debts of £235 MILLION after the Dutch government increased gaming taxes from 11 per cent to 29 per cent. Budget […]
Aug
22
Dutch slot arcades saved in £235m debt pay-off deal
≡ Category: Contracts, Legal, Netherlands, Profits | ≅ Leave a Comment
Aug
19
Casino to give Vegas its first robot poker tables
≡ Category: Casinos, launches, Online, Poker, USA, Vegas | ≅ Leave a Comment
A top casino is set to become the first in Las vegas install AUTOMATIC poker tables. The Excalibur Hotel and Casino will also be the first casino in Nevada to install the controversial machines, made by PokerTek, when it opens its new room this Friday. PokerTek CEO Chris Halligan said the acceptance of the automatic […]
Aug
19
Norway’s ‘next government’ will open up online gambling
≡ Category: Europe, Geographical, Norway, Online | ≅ Leave a Comment
The party tipped to win Norway’s general election next year says it is not the role of government to debate the MORALITY of online gambling. The Progress Party — currently the second largest political party in parliament but riding high in opinion surveys — says if it wins the September 2009 poll it will LEGALISE […]