South Korea Officials Show 34 Bidders for Casino Licenses

South Korea Officials Show 34 Bidders for Casino Licenses

The South Ministry that is korean of, Sports, and Tourism revealed that we now have 34 bidders for the two casino licenses which can be to be issued for the procedure of two foreigner-only built-in resorts in the country’s boundaries.

Southern Korea officials are required to announce later on in August where one of many hotel and casino properties is usually to be located. This will mark the beginning of the selection procedure. Analysts believe among the venues are integrated Seoul or somewhere close to the country’s money. As for the other integrated resort it is probably be positioned in Incheon. The city is known for the Incheon International Airport, the biggest one in Southern Korea.

Casino operators and professionals have actually repeatedly pointed out that a gambling venue located somewhere near the airport will probably become a profitable one as it would be to attract more Chinese high rollers along with rich visitors from other Asian countries.

The Ministry of Culture, Sports, and Tourism will think about all 34 bidders and it is anticipated to announce its choice on which two of these are to be given the casino licenses in December 2015.

Two such licenses have actually been given by the ministry. The resorts that are integrated be situated on the Yeongjongdo Island and Incheon. LOCZ Korea, a consortium between Chinese estate that is real Lippo Group and Las Vegas-based casino operator Caesars En Continue reading “South Korea Officials Show 34 Bidders for Casino Licenses”

South Australia Asks Apple to Ban Play-Money Gambling Apps for Kids

South Australia Asks Apple to Ban Play-Money Gambling Apps for Kids

Mobile giant Apple is being approached by Southern Australian premier Jay Weatherill to ban play-money gambling apps for kids

Mobile technology giant Apple has become willing to use Australia and other governments to ban the release of real-money online gambling apps. Now, one state is asking them to further go a step by preventing kiddies from accessing also the play-money versions of gambling apps.

Apple agreeable

That’s the word from Southern Australian Premier Jay Weatherill, who says that his federal government has already contacted Apple about cooperating with the policy, which will make it an offense to provide gambling apps to minors. This move would make SA the first state or territory in Australia to pass such a law while online gambling apps have been a part of the larger conversation on gambling reform throughout Australia.

The ban would only be one component of a method aimed at keeping children from getting into play-money gambling an interest that many believe can lead to real gambling problems later in life.

‘Research indicates that very early exposure to gambling-like games may result in some children problem that is developing habits later on in life,’ Weatherill stated. ‘I won’t stand right back watching a generation that is new of addicts emerge. So we will lead the nation again by firmly taking these steps.’

Rating System for Gambling Apps

The program would have SA classify apps for vari Continue reading “South Australia Asks Apple to Ban Play-Money Gambling Apps for Kids”

MassGaming to take into account Sole Region C Casino Proposal

MassGaming to take into account Sole Region C Casino Proposal

The Massachusetts Gaming Commission discussed a number of important issues at a meeting held at boston’s john b. hynes veterans memorial convention center thursday.

Hawaii gambling regulator offered the nod to MGM Resorts Global’s request to delay the opening of its $800-million casino resort in Springfield to September 2018. The reason for here is the reconstruction of this Interstate 91 viaduct, which can be anticipated to be finished by 2018 august.

Commissioners have not been particularly thinking about the wait once the state would be to lose about $10 million in tax income for every single the casino does not operate month. Nevertheless, they admitted so it would not be great for the business, if MGM opens its resort at a time when key I-91 lanes are closed down as this would influence site visitors’ first impressions in a way that is negative.

Another matter which was discussed during the Thursday conference ended up being Brockton as well as its application for the $650-million casino resort in Southeastern Massachusetts, or area C because it is officially referred to. In fact, the city has remained the contender that is sole a casino permit in the area, after ny developer KG Urban dropped its bid for a gambling venue in brand New Bedford.

The Brockton proposition is backed and funded by Mass Gaming and Entertainment, affiliate of Chicago-based gaming business Rush Street Gaming. Inside their ver Continue reading “MassGaming to take into account Sole Region C Casino Proposal”