Southern Korea Officials Reveal 34 Bidders for Casino Licenses

Southern Korea Officials Reveal 34 Bidders for Casino Licenses

The South Ministry that is korean of, Sports, and Tourism revealed that there are 34 bidders for the two casino licenses which are to be granted for the procedure of two foreigner-only integrated resorts in the nation’s edges.

Southern Korea officials are anticipated to announce later in August where one of many resort and casino properties is usually to be positioned. This might mark the beginning of the choice process. Analysts believe among the venues are integrated Seoul or someplace nearby the nation’s capital. Are you aware that other built-in resort it is apt to be positioned in Incheon. The town is known for the Incheon airport terminal, the biggest one in Southern Korea.

Casino operators and professionals have actually over repeatedly remarked that a gambling venue located somewhere near the airport probably will turn out to be a profitable one because it would be to attract more Chinese high rollers in addition to wealthy visitors from other parts of asia.

The Ministry of customs, Sports, and Tourism will consider all 34 bidders and it is expected to announce its decision on which two of them are to be awarded the casino licenses in December 2015.

Two licenses that are such recently been given by the ministry. The integrated resorts will be found on the Yeongjongdo Island and Incheon. LOCZ Korea, a consortium between Chinese real estate designer Lippo Group and Las Vegas-based casino operator C Continue reading “Southern Korea Officials Reveal 34 Bidders for Casino Licenses”

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

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

Mobile giant Apple will be approached by South Australian premier Jay Weatherill to ban play-money gambling apps for kids

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

Apple agreeable

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

The ban would only be one part 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 indicates that early exposure to gambling-like games may cause some children developing issue gambling habits later in life,’ Weatherill stated. ‘we won’t stand right back and watch a generation that is new of addicts emerge. So we are going to lead the country once again by taking these steps.’

Rating System for Gambling Apps

The program would have SA cla Continue reading “Southern Australia Asks Apple to Ban Play-Money Gambling Apps for Kids”

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

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 purely coincidental.

If the old adage that bad publicity is better than no publicity holds true, then Caesars Entertainment Corp. is doing just fantastically well. By some other measures, however: perhaps 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 were not sufficient, the casino giant is currently reportedly the subject of federal inquiry into potential violations of the financial institution Secrecy Act at Caesars Palace, their flagship Las Vegas home. Then put in a strange and shooting that is random of Drai’s at Caesars-owned Bally’s in Las Vegas, a tragedy that left one patron dead who ended up being trying to tackle the gunman, also two security guards wounded. Last but not least, a baby that is newborn body apparently found behind Planet Hollywood on the Strip in the same week might have made it seem like the Apocalypse had landed in Caesars’ backyard in front of schedule.

Problem After Problem for Caesars

Of course, 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 Continue reading “Hit With Crisis After Crisis, Caesars Struggles to even keep an Keel”

Violence Nothing New for Las Vegas Bally’s Nightclub Shooter at Drai’s

Violence Nothing New for Las Vegas Bally’s Nightclub Shooter at Drai’s

41-year-old Benjamin Frazier has been charged in reference to a lethal shooting at Bally’s casino regarding the Las Vegas Strip

A man with a brief history of violence at Las vegas, nevada nightclubs brought it up to a new level with what converted into a deadly shooting of a patron, and the wounding of two security guards at Drai’s nightclub inside Bally’s on the Las Vegas Strip into the wee hours of October 21. Authorities say that 41-year-old Benjamin Frazier, who was taken into custody and straight away transported to University clinic (UMC) Las Vegas’ primary trauma center with unspecified injuries, has been arrested before, and for eerily similar, if less deadly, altercations.

Violent Rap Sheet

Back 1996, Frazier’s rap sheet reveals an arrest for attack with a deadly gun at an unnamed nightclub that is local. And just this past year, he had been detained again by authorities for battery of a bartender at another nightclub.

Las Vegas Metro police were called at about 5:38 am an hour whenever even Las Vegas nightclubs are typically pretty much done for the(or morning) when reports of a shooting inside Drai’s nightclub in Bally’s hotel casino were received night. Because on most casinos’ levels of protection, by the right time cops arrived, Frazier had already been taken into custody and provided for UMC for attention.

Dispute Over Cover Charge Reimbursement

Early reports show the suspect as Continue reading “Violence Nothing New for Las Vegas Bally’s Nightclub Shooter at Drai’s”