Macao’s casinos are heading for a FALL next year, the island’s Chinese bosses have warned. Ho Hau Wah — the man who runs the former portuguese colony on behalf of its new rulers in mainland China — said today that the autonomous city state’s prosperity was likely to suffer NEGATIVE growth next year as the […]
Aug
14
Macau’s chief bets on red for colour of island’s balance sheet
≡ Category: Asia, Casinos, Geographical, Macau | ≅ Leave a Comment
Aug
7
British gaming giant tiptoes into US market
≡ Category: Europe, Geographical, Legal, Online, USA | ≅ Leave a Comment
A British-owned gaming site is to accept US poker bets to boost flagging poker revenues even though online gambling is effectively OUTLAWED in America. Ladbrokes’ saw online poker profits FALL 6.4% over the past 12 months although profits on other channels rose. Bosses say they have been forced to join the Microgaming poker network because […]
Jul
25
PayPal tells all to the taxman over gambling trades
≡ Category: Geographical, Legal, Online, USA | ≅ Leave a Comment
Moving to distance itself from any form of online gambling, US-based online payment provider PayPal has opened some of its client accounts to the taxman. The US Inland Revenue Service (IRS) demanded PayPal spill the beans on various accounts connected with the use of “offshore” credit cards by US citizens. Now some online gamers have […]



