Macau, a special administrative area of China has attracted several major overseas casino operators such as Sheldon Adelson and Steve Wynn among others. Since Macau is the only area of China where gambling is legal it attracts thousands of gamblers from mainland China to its casino resorts. However when gamblers return to China leaving gambling
Net Entertainment (or Netent), a leading supplier of casino software has made millionaires of many online casino players. Its Mega Fortune online slot machine game is a progressive jackpot and recently it paid out the largest online jackpot in the world. Mega Fortune belongs to Net Entertainment’s selection of jackpots which rapidly build up to
When the Spanish gaming market was liberalised strict regulations governing any illegal online gambling were put in place. In June 2012 the Spanish Gaming Regulator granted the first gaming licences. Since then no company may legally offer online gambling to Spanish citizens without a Spanish licence. Licences from other jurisdictions are not recognised. Fifty four
The plan to build EuroVegas in Spain was put forward by the Chief Executive Officer of the Las Vegas Sands company, Sheldon Adelson, in 2011. A year followed in which the cities chosen as possible locations for the huge casino complex rivalled in their attempts to win the development for themselves. Barcelona and Madrid both
MGM China, which is a subsidiary of MGM based in Las Vegas, was recently granted approval to build a casino in Macau. This will be the group’s second casino resort in Macau and it will be built on the Cotai strip. MGM China opened its first casino there, the MGM Macau casino resort in 2007.
There has been increasing concern in Macau over the reliance of the Chinese Special Administrative Region on revenue from gambling. Macau is the only area in China where gambling is legal and so millions of Chinese players regularly travel to Macau to gamble. This influx of Chinese gamblers fuels the basis of the Macau economy.
There have been many twists and turns this year in the attempt by Rank to take over casinos belonging to the Gala Coral group. Along with the Genting group, Rank and Gala are the largest casino operators in the United Kingdom. In May 2012, Rank, which owns the Grosvenor casinos and Mecca Bingo, bought Gala’s