Category: Gambling
Strip properties to see billions in investment in the next couple of years
27 December 2012
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For the past couple of years, there has been modest upgrades and reinvestment in the Strip properties. According to some of the top analysts from the gambling industry, there are high chances that things will change in the coming year.
These analysts and brokers believe that over USD 1.5-billion is going to be invested by investors and multiple firms in the gaming real estate market of Las Vegas over the coming couple of years.
NJ Senate passes S1565 bill: More hope for online casinos in the garden state
22 December 2012
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With the bill S1565 passed, New Jersey State has been able to overcome yet another hurdle, which they had in the race for legalizing of online betting in the state. The most recent vote at the NJ Senate had the bill passed by large majority.
33 voted for the bill, whereas only 3 showed discontent against the restart of internet gambling in the state. Now, the vote awaits approval from Chris Christie, Governor of the garden state. He has been, for long, voicing his concerns against the constitutionality of this proposal.
Sportech acquires eBet for consolidating its position in the betting market
21 December 2012
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Sportech PLC was very happy while making the announcement that the firm acquired eBet Online Inc.
eBet is amongst the leading online B2B (business to business) betting operator functioning in horse race betting market in US. The firm has processed over USD 100 millions in bets through the wagering system by June 30, 2012.
Gambling industry giving a needed boost to the US job market
21 December 2012
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With the launch of online casinos almost a certainty across several states across US in the coming year, job market will receive a significant boost especially through the opportunities developing in gambling industry.
There are more job opportunities cropping up in the gambling industry on a regular basis, as many land-based casinos are opening up as well.
Facebook signs deal with 888 for growth in real money gambling
19 December 2012
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With online gambling becoming popular across the globe, social networking sites, like Facebook, are making sure that they do not miss out on the cash on offer.
To extend their reach in the world of real money online gambling, Facebook has completed a deal with the popular vendors 888 Holdings. It will help them in offering slots, casino, bingo and other online casino games to its users spread across the largest social network in the world.