Archive for the ‘Huuuge Casino Review’ Category

Want a Casino? Nj-new Jersey’s Atlantic Club Is On The Auction Block

Tuesday, February 25th, 2020

Want a Casino? Nj-new Jersey’s Atlantic Club Is On The Auction Block

Nj’s troubled Atlantic Club has filed for bankruptcy protection and is now up for auction (Image source: dol.wa.gov)

It absolutely was quite a dramatic weekend in Atlantic City.

As nj inches closer and closer to its November 26th online casino launch, PokerStars was rejected (for the time being) for an Web gaming license into the state, the Atlantic Club declared Chapter 11 bankruptcy, and next thing you realize, the once-much-sought-after land casino ended up being increasing for sale.

Going When, Going Twice

If you’re interested in buying a casino having a lot of history (this 1 was originally developed and built by popular mogul Steve Wynn), now’s your chance. Bids must be received by November 18, plus the auction itself will take place on a date that is as-yet-undetermined mid-December. a federal bankruptcy judge gave her blessings to the hotel-casino to remain operating typically for now, underneath the umbrella of its Chapter 11 status.

The Atlantic Club’s attorney Michael Sirota noted that ‘we do plan to move fairly quickly,’ saying the casino is too short on operating budget to stay afloat for very long without a speedy sale bail out after making its court filing last week.

‘It’s the beginning of the process that is necessary’ stated Atlantic Club CEO Michael Frawley. Judge Gloria Burns put her green stamp on the purchase plan, with every person’s goal being to maneuver it right along. She also of (more…)

U.S. Virgin Islands Could Possibly Offer Online Gambling

Tuesday, February 25th, 2020

U.S. Virgin Islands Could Possibly Offer Online Gambling

The U.S. Virgin Islands may soon be able to offer gaming that is online but many caveats abound. (Image source: Travel.usnews.com)

Most Americans know the U.S. Virgin isles for the sunshine and beaches that are beautiful they can check out without being forced to get yourself a passport. But because of a present ruling from the islands’ Attorney General, this vacation spot may soon become simply as well-known as a house for on line gambling.

Attorney General Weighs In

V.I. Attorney General Vincent Frazer issued an impression to other Virgin Islands officials, stating that the 2001 V.I. law that allowed for Web gambling companies to run in the nation will never clash with any federal laws in america, meaning that the law could finally be utilized to let the territory to host Web gambling companies. So far, the territory had held off on really permitting any online video gaming to get ahead, because of warnings issued from the federal government.

However, as is frequently the case in these circumstances, things aren’t quite that clear cut. Regulations just permits two companies to operate as ‘master service providers’ into the territory, shutting out every other potential operators. And one or more of those companies states which they’ve lost a majority of their investors in the 12 years since the law has passed, because of the doubt around whether they’d ever be able to offer gaming that is online players.

Maj (more…)

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

Tuesday, February 25th, 2020

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

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

Mobile technology giant Apple has become ready to assist Australia and other governments to ban the release of real-money online gambling apps. Now, one state is asking them to get a step further by preventing young ones from accessing even the play-money versions of gambling apps.

Apple on Board

That’s the expressed term from Southern Australian Premier Jay Weatherill, who says that their federal government has recently contacted Apple about cooperating with the insurance policy, which would make it an offense to supply 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 cause gambling that is real later on in life.

‘Research has shown that early contact with gambling-like games may trigger some children problem that is developing habits later on in life,’ Weatherill said. ‘I won’t stand straight back watching a brand new generation of gambling addicts emerge. So we are going to lead the nation again by firmly taking these steps.’

Rating System for Gambling Apps

The program (more…)

Hit With Crisis After Crisis, Caesars Struggles to even keep an Keel

Tuesday, February 25th, 2020

Hit With Crisis After Crisis, Caesars Struggles to even keep an Keel

Caesars Entertainment is lacking a week that is good being hit with numerous crises; any resemblance of Nero here to business CEO Gary Loveman is solely coincidental.

Then Caesars Entertainment Corp. is doing just fantastically well if the old adage that bad publicity is better than no publicity holds true. By every other measures, however: not so much.

As if being forced for PR reasons to cut ties with its Las Vegas Strip new hotel and casino task partner Gansevoort and bailing from the $1 billion Boston-area casino project with racetrack Suffolk Downs weren’t sufficient, the casino giant happens to be reportedly the main topic of federal inquiry into potential violations of the Bank Secrecy Act at Caesars Palace, their flagship Las Vegas property. Then put in a strange and random shooting outside of Drai’s at Caesars-owned Bally’s in nevada, a tragedy that left one patron dead who had been trying to tackle the gunman, in addition to two security guards wounded. And finally, a baby that is newborn body apparently found behind Planet Hollywood on the Strip in identical week might are making it seem like the Apocalypse had landed in Caesars’ garden in front of schedule.

Problem After Problem for Caesars

Needless to say, the company’s industry-high $23.5 billion long-term debtload is perhaps not also news anymore; it’s just become a huge yoke that Caesars now carries around wherever it goes these times. (more…)

U.S. Virgin Islands Could Offer Online Gambling

Tuesday, February 25th, 2020

U.S. Virgin Islands Could Offer Online Gambling

The U.S. Virgin Islands may soon manage to offer gaming that is online but many caveats abound. (Image source: Travel.usnews.com)

Most Americans understand the U.S. Virgin isles for summer and beaches that are beautiful they are able to see without being forced to get a passport. But because of a ruling that is recent the islands’ Attorney General, this vacation spot may soon become just as well-known as a property for on the web gambling.

Attorney General Weighs In

V.I. Attorney General Vincent Frazer issued a viewpoint to other Virgin Islands officials, stating that the 2001 V.I. legislation that allowed for Internet gambling companies to operate in the country would not clash with any federal laws in the United States, and therefore the law could finally be properly used to enable the territory to host Web gambling companies. So far, the territory had held off on really permitting any online gaming to go ahead, because of warnings issued from the federal government.

However, as is generally the case in these situations, things aren’t quite that clear cut. What the law states only permits two companies to operate as ‘master providers’ within the territory, shutting out virtually any operators that are potential. And one or more of those companies claims which they’ve lost a majority of their investors in the 12 years because the legislation has passed, as a result of the uncertainty around whether or not they’d ever (more…)