Over 4,000 London jobs to be lost if FOBT stake reduced

FOBTs3

Jim Mullen boss of Ladbrokes If the UK government go through with their proposal to lower the stakes bet on bookmakers FOBTs then as many as 4,300 jobs could be lost in London aloe says Ladbrokes Boss Jim Mullen. An announcement in April f following a review by the Department for Culture, Media and Sport into Fixed Odds Betting Machines (FOBTs) is expected More...

by Debbie | Published 1 day ago
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By Staff On Wednesday, March 22nd, 2017
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Vietnam to get new $2 billion casino resort

Billionaire Trinh Van Quyet the Chairman and co-founder of FLC Group says his company has received permission to build a $2 billion casino resort in the north of Vietnam. According to reports permission was granted More...

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By Debbie On Tuesday, March 21st, 2017
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Novomatic boss takes seat on Casinos Austria board

Casinos Austria Harald Neuman the CEO of industry gaming giant Novomatic has joined the supervisory board of casino operator Casinos Austria. Novomatic now hold a 17% stake in Casinos Austria and Neuman replaces More...

PAGCOR
By Debbie On Tuesday, March 21st, 2017
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PAGCOR boss will not stop the privatisation of casinos

The Philippine Amusement and Gaming Corp. (PAGCOR) Chair Andrea N. Domingo told reporters that if the government wanted to continue on its course of having the casinos privatized they would not stand in their way. Currently More...

IGT new logo
By Staff On Tuesday, March 14th, 2017
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IGT beat annual forecasts

Gaming Machine and games maker International Game Technology (IGT) reported annual profits of $233.3 million for 2016 with revenues for the year at $1.32 billion beating most analyst’s expectations. Marco Sala, More...

London Stck Exchange
By Claire On Monday, March 13th, 2017
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Novomatic to list on London Stock Exchange

Novomatic the Austrian gaming giant is looking to place around 20 to 30% of its stock in an IPO offering on the London stock exchange. According to reports the gaming firm have hired Macquarie the Australian investment More...

Tabcorp
By Claire On Monday, March 13th, 2017
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Tabcorp ask competitions regulator for permission on Tatts merger

Tabcorp have officially made an application to the Australian Competition Tribunal for it to proceed with their planned merger with the Tatts Group. “Through our extensive discussions with stakeholders since announcement More...

Paradise city
By Claire On Monday, March 13th, 2017
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Paradise City in South Korea to open April 20

Paradise City the first integrated Resort in South Korea costing more than $1.1 billion is set to open on the 20th April said the joint venture company of Paradise Co. and Japan’s Sega Sammy, the resort is at More...

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By Claire On Monday, March 13th, 2017
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MGM Resorts to buy Bethlehem Resort Casino for $1.3 billion

According to local reports in Pennsylvania MGM Resorts have come to an agreement with Las Vegas Sands to purchase the Bethlehem Resort Casino for $1.3 billion in what is MGM’s continued push on expansion. Sands More...

William Hill ticket
By Claire On Friday, March 10th, 2017
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New Boss of William Hill announced

Philip Bowcock Philip Bowcock the acting Chief Executive of William Hill has been officially announced by the company as the permanent boss. Bowcock has been in temporary charge of the role since July following More...