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UK LAND GAMBLING CLOSURES HAVE A SOCIAL IMPACT
The UK newspaper The Guardian reported this week that the closure of a hundred land bingo clubs across the British Isles has had a social impact on older women players who had relied on the local bingo halls as a source of community activity.
Quoting from a study by the Henley Centre research group commissioned last year by the Bingo Association to chart the effects of the closure of bingo clubs in Scotland and the Midlands, the newspaper said that it found that especially among older women players there was a "major 'social' effect."
Already this (2008) year over a dozen bingo halls have closed, reports The Guardian, explaining that although more than 3 million people across the UK play at bingo halls regularly, major commercial chains such as Gala and Mecca bingo have seen their profits hit by political and economic constraints.
UK bingo operators claim that the industry suffers under an inequitable 'double taxation' in the gambling profits levy and VAT liability they face, alone among other gaming businesses. Under the government's new gambling legislation, bingo halls have also had to cut back drastically on the number of their profitable £500 jackpot machines, and there have been claims that anti-smoking laws have made further inroads into the pastime
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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