Genting Singapore Sees Surging Earnings and Profits in Third Quarter – Casino.Org News

High rollers spent more money than expected at Resorts World Sentosa, helping drive strong earnings and profits in the third quarter for Genting Singapore. Resorts World Sentosa saw profits surge in the third quarter thanks largely to improvement in VIP spending. (Image: Meinhardt) Quarterly profits rose 35 percent year-over-year for the operator, thanks largely to…

Nottingham campaigner and former addict welcomes government proposals to tackle ‘addictive’ gambling machines – Nottingham Post

A Nottingham campaigner and former gambling addict has welcomed news that the Government will be getting tougher on fixed-odds betting terminals. The high-stake, high-speed electronic games found in casinos and betting shops allow a stake of up to £100 every 20 seconds and have been called the crack cocaine of gambling. But ministers are now…

Forrest rips into ‘Dracula-like’ gambling industry and impact on GST distribution – The Australian Financial Review

Mining billionaire Andrew Forrest has savaged the gambling industry and its impact on families while calling for a shake up of GST distribution. Mr Forrest said pokies revenue collected by the states should be included in calculations to determine GST allocations in the same way as mining royalties. He said the existing GST carve-up encouraged…