OPAP, Greece’s leading gaming and lottery company aims to raise up to 200m through a bond issue in order to finance it’s investment of 35.000 VLTs.
The bond issue, is expected to roll out until the end of March, not only will provide the state-run with much needed liquidity in a cash-starved economy, but will also act as a vote of confidence, just before the launch of the much-anticipated VLT operation.
by Giulio Coraggio, Head of the Gambling Law group at the law firm DLA Piper
With the impacts of Thursday 23rd June's momentous referendum decision for Brexit still seeping in, I must unfortunately forecast that the future is undoubtedly bleak for the British casino industry. I know this will not sit well with a traditionally libertarian industry, who many I am certain will have voted to ‘regain control’, but for our industry this is an absolute nightmare.
by David Clifton, Clifton Davies Consultancy Limited
As Genting prepares to open Britain’s first truly integrated destination casino at the NEC in Solihull this week, Dan Waugh asks why our gambling industry has been so slow to embrace mainstream leisure.
This morning, the New York trial court granted the state a preliminary injunction against DraftKings and FanDuel, prohibiting them from taking players from that state.
"Today, as in 1961, Cuba is governed by the Castros and the Communist party. We cannot keep doing the same thing and expect a different result.”
President Barack Obama
When hotel-casinos first opened in Atlantic City, operators found themselves wrapped up in red tape.
The casino industry is one of the most heavily regulated businesses in the world. But even if they did not have that government oversight, casino owners would still be among the most careful business operators in the world.
Since its launch in 2005, casino life magazine has grown to become the leading business-to-business publication that focuses on Casino Operations and, Manufacturers and Suppliers of Gaming Equipment and Services.
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