According to the Gambling Act of 1935 of Thailand, most forms of games of chance are illegal. However, there is a paragraph in this Act which states that the state can legalise some games and issue a licence for this purpose. Thailand’s government is now considering legalising some forms of gambling with the aim of increasing the state revenue.
The people in Portugal have spent a total of 160 million Euro for online gambling in three months. Consequently, according to statistics, this means that during the observation period, each of the 10.3 million Portuguese has lost 0.16 Euro daily in online gambling. This is the highest amount ever/ But how can one explain this increased interest in gambling by the Portuguese population?
Just recently we had reported that in Liechtenstein there are six casinos for just 40,000 inhabitants. As it was recently announced one of these six casinos has closed its doors. The lights were out on the 11th of July in the Casino 96 in Balzers, in Liechtenstein. Were there too many casinos for the EU dwarven city?
As it was announced more than two weeks ago, a construction worker in Argentina has cracked the casino jackpot. However, he was refused the distribution of profits. The casino’s reason for this was that there was a malfunctioning in the equipment. But is such a procedure even legal?
The Gambling Authority Kansspelautoriteit (KSA) is long known for its strict measures to combat illegal gambling. Around two weeks ago the Authority issued an injunction against the gambling company Gammix Limited, which operates several successful online casinos. Which consequences can the company face if it does not stop operations immediately?
An American Greek consortium of companies will build the largest casino in Europe. The casino complex will be built on the former airport grounds on the wonderful coast of the Saronic Golf. But what can the visitors here look forward to and when can we expect it to open?
The British Organisation for player protection has commissioned a new study about gambling. During this study the researchers concluded that low earners are often involved in excessive online gambling and are thus affected by the relevant losses. Besides this, the NatCen-Study reveals the time and money every slot machine player spends on gambling on average in a year.
As it was announced around two weeks ago, the maximum stake limit allowed for every game round in Greece has increased significantly. Till now players could make a maximum stake of two Euro per game round. This amount will be increased tenfold with immediate effect. But what is the reason for this sudden increase of the stake limit from 2 to 20 Euro?
Once again there are bad news for the casino operator Crown Resorts. The Gambling Authority of the Australian Federal State of Victoria has imposed a two -digit-million fine on the company because of illegal financial transactions. But what is the company which is based in Melbourne in Australia being accused of?
Several years ago Japan had decided to give permission for several casino resorts in the country. In the beginning there was huge interest from the side of international gambling companies – nearly every large gambling firm was interested in getting a licence. However, till now no fully-fledged casino resort based on the model of Las Vegas has opened in Japan. Were Japan ‘s casino plans doomed to fail from the beginning?
Just a few days ago the casino Maximus in Schaan opened the sixth casino in Liechtenstein. Thus the gambling sector in the country has changed completely within a few years. Since 1949 there had been a nationwide ban on gambling, which was then lifted in 2010 through the Gambling Act. But what is the reason for the sudden and massive increase in the number of casinos in Liechtenstein?
The burden which problematic gambling puts on the economy is enormous. Several hundred million Euro are necessary year after year to help those involved. Besides this, one must consider the personal fortune of each individual gambling addict. A recently published study concluded that the costs arising from gambling addiction in Norway are around half as high as the gross player income of all legal gambling providers.
In the US Federal State of California an eighty-year-old nun had to answer in court for stealing around 800,000 US-Dollar from school funds. The old woman who had got the money wrongfully had lost the same money in gambling among other things. But must the elderly accused now go to court for her actions?
A few weeks ago, the House of Representatives in Brazil has agreed to legalise many gambling games. This means that very soon gambling games as slot machines, bingo and even some online gambling games could be legal in the largest country in South America. But why is Brazil now deciding in favour of legalising gambling?
A new draft law about the gambling regulations in the country was published in Belgium a few weeks ago. Among other things, this refers to increasing the minimum age required to be able to gamble to 21 years. Besides this, there should be a bonus ban. But what are the chances, that the requested measures are also implemented?