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Crown Resorts is to divest itself of the entirety of its shares in the joint venture it formed in 2004 with Lawrence Ho’s Melco International, signaling the end of James Packer’s big Macau dream. On Monday Melco …
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The government of New South Wales and TABCORP Holdings Ltd, an Australian wagering, gaming and Keno operator and one of the world’s largest publicly listed gambling companies, are now approaching completion of a new deal which could see …
The media glare couldn’t have come at a worse time for James Packer, who is currently attempting to expand his business empire in Asia. Packer’s proposed $400 million casino resort in Sri Lanka is in doubt following concerns over how it will impact on traditional Buddhist values, while in Japan – seen as ‘the next Las Vegas’ and where many gambling moguls are keen to exploit – Packer is pushing for one of the first casino licences that will be up for grabs next year. Packer’s Asian wing – Melco Crown – is at the forefront of a campaign to win new licences in a freed-up Japanese market.
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After rising to about $13,000 on Monday, the price of Bitcoin has fallen once again. Likewise, the price of Litecoin, Ethereum, and Ripple had fallen to $169, $1.39, and $985, respectively. Overall, the market capitalization of the crypto currency market has fallen to about $500 billion, from $800 billion a few weeks ago. Once again, a
has turned the heat up for DFS websites and stated that they must have a gaming license to operate in Illinois. The DFS industry is a multi-billion dollar industry that continues to grow with every passing year and states realize that if the industry is taxed, they could generate a significant amount of revenue.
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