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Macau gambling Stocks Pressure
10/16/09 - Land casino operators in Macau, already feeling the weight of the global economic meltdown and government pressure to curtail expansion, were faced with more worries as the week ended with fears of visa restrictions.
Shares of Macau casino operators tumbled Thursday on new concerns about visa restrictions for residents of China's neighbouring Guangdong province travelling to the gambling island, the Wall Street Journal reported.
A spokesperson for the Division of Exit and Entry Administration in Guangdong's Public Security Bureau said that effective October 1st individuals could receive a visa only once every two months. Previously Chinese travellers to Macau could obtain a visa once a month.
Macau is the only place in China where gambling is legal, and stricter travelling restrictions could significantly impact revenue. In September, Macau authorities reported that gambling revenue had more than doubled, attributing the improvement at least in part to more lenient travel restrictions.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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