Gambling Sector

Latest News for: Gambling sector

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Macau Casino Operator Galaxy Reports 7% Profit Drop

Caixin Online 15 Aug 2019

Macau’s gambling sector has had to reorient itself toward the mass market ever since the corruption campaign — which kicked off after the 18th National Congress of the Communist Party in 2012 — brought capital restrictions and other measures to combat corruption....

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[Startup Bharat] Jaipur-based MyTeam11 grew 30x in 2 years to emerge as a leading fantasy sports platform

Yahoo Daily News 15 Aug 2019

Hence, several companies are getting into the sector now.” ... The Mumbai-based startup counts about 70 million users on its platform - a near-stranglehold on the sector ... Despite the growth of fantasy sports in India, it hasn’t been smooth sailing for the sector ... It doesn’t know how to tax the sector....

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[Startup Bharat] Jaipur-based MyTeam11 grew 30x in 2 years to emerge as a leading fantasy ...

Your Story 15 Aug 2019

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New operator announced for west coast trains from Scotland to London

Scotsman 14 Aug 2019

FirstGroup chief executive Matthew Gregory said ... "Instead of following the popular public sector route, the Tories are taking yet another gamble on the crucial West Coast lines with one of the dwindling number of private operator consortia left in the game, in a move that RMT believes is doomed to failure and sure to result in yet more rail chaos ... ....

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POGO hubs secure Finance dept’s support

The Manila Times 13 Aug 2019

... would act as one-stop shops for workers and regulators in the sector ... In the meantime, Dominguez said the government would continue to collect taxes from Chinese workers in the POGO sector, even if China declared that all online gambling firms employing its citizens were illegal....

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Complaints against betting firms up almost 5,000% in five years

The Observer 12 Aug 2019

The figures, obtained by BBC Panorama from the Gambling Commission regulator, show there were a record 8,266 complaints in 2018, compared with just 169 in 2013 ... However, critics say it is not enough to tackle problem gambling effectively and have labelled it a “bribe” to ward off tougher regulation of the sector....

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A Comparison of the UK and US Market: Is it a Good Time to Invest ...

Cascade Business News 12 Aug 2019

Online gambling has been a trend that’s been going on for more than 20 years ... To make it more convenient, gambling moved to mobile phones and has been going strong since 2010 ... Why should you invest in casinos and online gambling stocks? ... However, the British gambling sector is bombarded with tighter regulation and taxes....

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Vodafone Idea, Jio Bharti Airtel may leave Huawei out of their core 5G network

Moneycontrol 12 Aug 2019

In the UK, Huawei is used only in the non-core part of the 5G network, which involves the radio system or hardware. Moneycontrol News @moneycontrolcom. Watchlist Portfolio Message Set Alert. live ... Volume ... It would be such a big gamble to take. Given the stress in the sector, looks like nobody is going to take that risk,” a source told the publication ... ....

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No dice? Gambling's punt on soccer fans

Irish Independent 10 Aug 2019

0 Comments No dice? Gambling's punt on soccer fans ... https.//www.independent.ie/irish-news/no-dice-gamblings-punt-on-soccer-fans-38387647.html ... Eight years since his last bet, he has become increasingly concerned about how the gambling sector has zeroed in on the world's favourite sport to hook a new generation....

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China Targets Philippines in Crackdown on Offshore Gambling

Caixin Online 09 Aug 2019

(Bloomberg) — China is stepping up a crackdown on gambling activity by its citizens offshore, threatening what has become a lucrative industry for gaming operators in places like the Philippines ... “There are analysts who believe that part of the illegal gambling funds has flown into local real estate markets and other sectors in the Philippines.”....

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‘Corporate sector being facilitated’

Dawn 09 Aug 2019

Prime Minister Imran Khan on Thursday said the government was committed to facilitating corporate sector in order to attract local and foreign investment....

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Fixed-odds crackdown knocks William Hill results

Scotsman 09 Aug 2019

"While America has often been a graveyard of UK corporate ambitions, think Tesco’s failed Fresh & Easy venture, the UK gambling sector is seen as being well placed to take advantage of the opening up of sports betting across the pond, even if it has made a slowish start....

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Responsible gambling measures may impact earnings at Flutter Entertainment

RTE 07 Aug 2019

... generation of our responsible gambling model and have been pleased to work with the industry in making a number of commitments to promote responsible gambling, which will improve the sustainability of our industry, even if it impacts sector earnings in the short term."....