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Rank Completes Deal For Gala Casinos

Rank Group has finally completed its deal to buy the majority of Gala Coral’s casino, according to reports over the weekend (12 May 2012). The two companies had been in discussions earlier in 2012 but had concluded without success in March. In a press release put out

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GBGC Global Gambling Report Updates April 2012

GBGC Global Gambling Report Updates April 2012 The 7th edition of the Global Gambling Report – Against The Odds includes the following new features and updates • Full global gambling appendices for 2009 and 2010 • Updated gambling forecasts until 2015 • A new “at a glance”

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E-gaming In Limbo After Schleswig-Holstein Election

Just days after the German state of Schleswig-Holstein issued its first three internet gambling licences, the early results from the state’s elections on Sunday (6 May 2012) suggest that there will be no greater certainty about the regulatory status of internet gambling in Schleswig-Holstein in the coming

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Isle Of Man Casino Amendment Bill 2012

The Isle of Man Casino (Amendment) Bill 2012 passed its second reading in a sitting of the Isle of Man’s Legislative Council at the start of May. The aim of the amendment is to permit the staging of live gaming tournaments in the island. Eddie Lowey MLC

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Bidders Named For Leeds Casino Licence

Five bidders have been named for the licence to run a large casino in Leeds, as permitted by the Gambling Act 2005. Eight “large” category casinos were permitted by the new regulation. Leeds City Council can award one of these eight casino licences. A large casino will

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Surviving and thriving in lean times

It will take OECD countries another 2.7 years to reach the pre-crisis level of economic output, according to the calculations of the International Monetary Fund (IMF). That is on top of the 5 years that have already passed since the beginning of the financial crisis. So hard

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Adelson Bets Big On Spain

Spain looks to be Sheldon Adelson’s next big bet as the Las Vegas Sands’ (LVS) chairman announced he intends to invest US$35bn (€26.6bn) to build the Eurovegas casino resort. Adelson was speaking at the opening of the US$ 4.4 billion Sands Cotai Central in Macau – one

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AGA Repeats Call For Federal E-gaming Regulation

AGA Repeats Call For Federal E-gaming Regulation By James Rutherford The American Gaming Association (AGA) recently took the one-year anniversary of the sweeping “Black Friday” crackdown on offshore poker sites by the U.S. Justice Department to once again call on Congress to establish a national framework for

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