Another story from the BBC:
Gamblers in Moscow and other major Russian cities are placing their last bets ahead of a government ban on casinos and gaming halls.
A new law comes into effect at midnight, confining gambling to four regions far from the capital.
It bans gambling on the internet and at airports, supermarkets and other sites.
But critics say the move will leave more than 300,000 people without jobs and push the industry underground, amid a continuing economic crisis in Russia.
Posted by casino man in Gambling News at 2:41 PM BST
Comments Off
Another story from the BBC:
Rank - which runs casinos and Mecca bingo halls - has won a High Court case which its advisers say could cost the taxman up to £500m.
Rank was entitled to £62m on value added tax overpaid on slot machines and mechanised cash bingo takings, it said.
It follows some UK gaming and bingo machines being exempt from VAT while similar machines were subject to the tax - a disparity illegal under EU law.
The judge said that there were over 1,000 similar claims outstanding.
Posted by casino man in Gambling News at 2:41 PM BST
Comments Off
Another story from the BBC:
The casino at Coventry’s Ricoh Arena is to see a £1m revamp after being sold.
The casino was bought by UK firm Grosvenor Casinos in a £650,000 deal, two months after Isle of Capri Casinos said it would pull out of the site.
Grosvenor Casinos, which is owned by the Rank Group, said the new G Casino would feature traditional games and a new sports bar and restaurant.
Daniel Gidney, chief executive of the Ricoh Area, said it was very good news for the arena and for Coventry.
Posted by casino man in Gambling News at 4:41 PM BST
Comments Off
Posted by casino man in Gambling News at 6:41 PM BST
Comments Off
Posted by casino man in Gambling News at 4:41 PM BST
Comments Off
Posted by casino man in Gambling News at 2:41 PM BST
Comments Off
Posted by casino man in Gambling News at 12:41 PM BST
Comments Off
Posted by casino man in Gambling News at 10:41 AM BST
Comments Off
Posted by casino man in Gambling News at 8:41 AM BST
Comments Off
Another story from the BBC:
The American owners of a casino in Coventry have confirmed they are to pull out.
Isle of Capri Casinos said consultation had begun with employees with regard to the possible sale or closure of the site at the Ricoh Arena.
It is blaming the "restrictive regulatory landscape in the UK" after only being granted the license in 2005 and opening the casino a year later.
The Ricoh Arena said it is confident of finding a new domestic operator.
Posted by casino man in Gambling News at 9:41 PM GMT
Comments Off
