Records show that the Paul Phua Wei-sang, the man on trial in the United States for running an illegal sports betting operation, has a conviction for the same offense back in his homeland of Malaysia. In 2004, independent newspaper Malaysiakini reports Paul Phua Wei-seng was arrested in Malaysia for allegedly
It can be next-to-impossible to predict gaming industry revenues. The recent past is littered with estimates that are wildly inaccurate. National and regional economic trends have a tremendous impact on an entertainment expense like gambling, so any hiccup in the economy can have immediate ripple effects on gaming revenues. Governor
Super Bowl 49 is a dream match-up for fans of dynasties. The defending world champion Seattle Seahawks hope to become the ninth team in Super Bowl history to repeat as champs. The New England Patriots are making their 6th appearance in the Super Bowl in the past 13 years. If
U.S. District Judge Jerome B. Simandle declined to halt the sale of the Revel Casino to a Florida-based land development company on Thursday. Revel AC Inc., the bankrupt Revel Casino's creditors, had filed a motion to have the $95.4 million sale of the casino to Glenn Straub's Polo North Golf
Borgata and PartyPoker announced this week that an imminent fix can be expected for those who experience frequent crashes on their site. The problems involve what's called an "MFC error", in which something unexpected by the software happens within the Microsoft Foundation Class library. Players who use Apple Mac computers
Last week, WSOP.com and 888poker.com announced they would combine player pools starting this past weekend. The decision by Caesars Interactive to combine the player pools for WSOP.com and 888poker.com had an immediate impact on player signups and participation. On the first weekend after the change, the Caesars websites received what
Amaya Gaming CEO David Baazov gave an interview this past week with Business News Network, a leading publication in Canada. Baazov, whose Toronto-based company purchased PokerStars and FullTilt Poker for $5 billion in August 2014, claimed that Amaya's business continues to grow internationally, despite the lack of progress in getting
Statistics released show that Nevada sportbooks had record revenues in 2014. The state's 187 sportsbooks combined to rake $227.4 million in 2014. The turnover on bets was $3.9 billion. Both are yearly records, according to the Nevada Gaming Control Board. Though 2014 showed a nice increase, Las Vegas gaming officials
Caesars Entertainment Operating Co. filed for Chapter 11 bankruptcy on Thursday, touching off a what is certain to be a lengthy court battle over $10 billion in debt. Caesers Entertainment Operations Co (CEOC) is a division of Caesars Entertainment, the largest American gaming company, which is saddled with $23 billion
The U.S. Treasury Department sent an open letter to American casinos on December 24 asking them to combat illegal sports gambling. The letter, which was made public this week, told casinos, "Increases in sports betting conducted on behalf of third parties are facilitating criminal activity and posing a money laundering
Now that the 2014 gaming statistics have been tabulate, it's clear that video gambling revenues continue to decline in the state of Montana. The numbers declined by 0.2 from 2013 to 2014, according to the Montana Justice Department's Gambling Control Division. While that might not sound like a major decline,
Atlantic City's city council agreed to a plan for steep budget cuts over the next four years, but also refused to follow the ideas of a state-appointed emergency manager. The city council met on Wednesday of last week to discuss the gambling destination city's recovery plan, after it was learned
