LATEST NEWS ARTICLES


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1. PokerStars suggests online gambling & Canada are a good fit
  Author: Moretti, Stefania
  Source: Canoe.ca
  Published Date: Sep 01, 2010
  Description:
  As the provinces increasingly look to lucrative online gambling as a potential new source of revenue, one global Internet giant has already used a legal loophole to set up shop in Canada. PokerStars.Net, the web's most successful online gambling site, has several Canadian connections.

 
2. Macau casino gambling revenue rises 40% on VIP tables
  Author:
  Source: San Francisco Chronicle
  Published Date: Sep 01, 2010
  Description:
  Gambling revenue in Macau, the world's biggest casino hub, rose 40 percent to 15.8 billion patacas ($2 billion) in August after SJM Holdings Ltd. and its rivals added tables for high-stakes gamblers.

 
3. Sports gamblers getting BlackBerry app in Nevada
  Author: Garcia, Oskar
  Source: Associated Press
  Published Date: Sep 01, 2010
  Description:
  Getting money down on your favorite sports team is getting a little easier in Nevada with the first-ever legal wagering application for smart phones. It won't work in the U.S. outside the Silver State - the only place where sports gambling is legal - but its technology is sophisticated enough to let visitors from other states conveniently place bets while they're here, even if they're not inside a casino.

 
4. Problem gambling is the issue says SKYCITY
  Author:
  Source: PR-SKYCITY
  Published Date: Aug 31, 2010
  Description:
  The issue isn't gambling, it's PROBLEM gambling, says SKYCITY SKYCITY Entertainment Group supports constructive efforts to raise awareness about problem gambling but thinks advocating a gamble-free day is the wrong approach. SKYCITY executive, Peter Treacy, who oversees their Host Responsibility department says most New Zealanders gamble safely so telling them to stop is the wrong message. Instead, he believes the focus should be on assisting those whose gambling causes harm to themselves and the community.

 
5. Study provides insights into the roots of gamblers' fallacies and other superstitions
  Author:
  Source: University of Minnesota
  Published Date: Aug 30, 2010
  Description:
  Gamblers who think they have a "hot hand," only to end up walking away with a loss, may nonetheless be making "rational" decisions, according to new research from University of Minnesota psychologists. The study finds that because humans are making decisions based on how we think the world works, if erroneous beliefs are held, it can result in behavior that looks distinctly irrational.

 
6. Teen gamblers at risk for other addictions
  Author: Prete, Carmelina
  Source: The Hamilton Spectator
  Published Date: Aug 27, 2010
  Description:
  A new study suggests teen gamblers are more likely to engage in risky sex, are at more risk for other addictions and are less likely to seek help than adult gamblers. The article, published in the September issue of Journal of Adolescent Health, refers to adolescent gambling as an "international problem" in its review of 137 studies from around the world.

 
7. Gambling revenue levels off at $13.75b in 2009, six times 1992 take: StatsCan
  Author:
  Source: The Canadian Press
  Published Date: Aug 27, 2010
  Description:
  Canadians gamble big. Net revenue from government-run lotteries, video lottery terminals, casinos and slot machines not in casinos totalled $13.75 billion in 2009, essentially unchanged from $13.67 billion the year before. Statistics Canada says revenue from gambling levelled off at roughly $13.7 billion in 2007 after increasing steadily from $2.73 billion in 1992.

 
8. Bulgaria promises prison for unlicensed internet gambling operators
  Author:
  Source: Gaming Zion
  Published Date: Aug 27, 2010
  Description:
  A draft proposal for changes to Bulgarian gambling laws provides a regime for the legalization, licensing and regulation of online gambling in the country, but at a price. The proposal, which lawmakers hope to have put into place by the end of the year, promises that any person operating an online gambling site operating in the country without a license can face up to five years in jail and fines between 20,000 to 50,000 leva (€10,000 to €25,000).

 
9. Gambling hard for the money
  Author: Nee, Seah Chiang
  Source: Insight Down South
  Published Date: Aug 27, 2010
  Description:
  Singapore is winning big thanks to the new casinos in the city-state. But the high-rollers are also losing large amounts of money, causing consternation among the public. The gambling habit, it seems, has become deeply entrenched.

 
10. VLT revenue declines. But liquor sales show $36M jump during 2009-10
  Author: Wood, James
  Source: The Star Phoenix
  Published Date: Aug 26, 2010
  Description:
  The amount of money being plugged into video lottery terminals dropped significantly in the 2009-10 fiscal year, the Saskatchewan Liquor and Gaming Authority's (SLGA) annual report says. Gross VLT revenue was $225.8 million last year compared to $241 million in 2008-09 and $247.1 million in 2007-08.

 

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