Revenue for Summit Ascent Increases 46%

Summit Ascent Holdings Limited is a Hong Kong-listed company offering casino options. According to a filing, Friday, March 23, 2018, Summit Ascent has an increase of 46 percent in their revenue. The company believes the uptick in revenue comes from Tigre de Cristal casino in Russia’s the Far East. Tigre de Cristal was in the […]

Marina Bay Sands Reputation Challenged by Court Case

The longstanding reputation of Marina Bay Sands has been brought into question by a court case that they have lodged against a VIP gambler who has been unable to fulfill his commitments to the casino. The claim of the casino group which has been brought under question is their integrity over their self-branded ‘no junket’ […]

Ireland’s Main Amateur Sports League Bans Gambling Sponsors

The chief league for the Irish sports betting league have had a vote recently where the vast majority of members pulled together to vote against the inclusion of sponsorships from betting companies. Evidently, everyone has had it with advertising. This past Saturday the Gaelic Athletic Association (GAA) had their annual meeting for its members at […]

WeChat Will Enforce Its Zero Tolerance Policy for Lunar New Year

WeChat has a zero-tolerance policy against illegal gambling. The social media network warned users it will enforce their policy; notably, during the Lunar New Year celebrations, which start the third week of February. WeChat creators have examined the programs technical specifications to detect gambling issues. Anyone found on the WeChat site to be gambling will […]

Sports Betting Could Help St Louis Casinos Out of $1 Billion Revenue Rut

The revenue for casinos in St Louis capped at $1 billion in 2017. Therefore, an action plan is needed to help raise the total revenue for this year. One of the main proposals for this year is to include sports betting as a way to attract more customers. St Louis has six riverboat casinos, and […]