Byington Blades

Free Pokies

Nj Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017

By / Free Pokies / Comments Off on Nj Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017

Nj Online Gaming Study Predicts Huge Growth Trend Will Continue in 2017

Nj online video gaming had its best year up to now in 2016, plus the future, at least based on one new study, is going to be even brighter.

Pennsylvania is expected to take into account passing a law that is igaming year, and that would be further good news for New Jersey online gaming, as it could help reverse internet poker’s volitile manner.

Online gaming organizations are now being told to expect a profits increase of 17 percent in 2017. Global gaming industry research group Eilers & Krejcik says online gambling within the Garden State will reach highs that are new the year ahead, despite the company’s prediction that digital poker will drop by six per cent.

Most useful yet for Atlantic City is their prediction that online play is leading to more bets placed at the remaining seven land-based casinos.

‘Increased integration between the internet and casino that is live become driving extra play and visitation at land-based properties,’ the Eilers & Krejcik study reported.

Very good News or Bad News?

Even though the headline reads nicely for internet casino operators plus the state’s tax coffers, 17 percent, while strong growth, would be a slowdown actually in regards to yearly percentage gain.

The nj-new Jersey Division of Gaming Enforcement (DGE) reported total internet gaming in 2016 came in at $196.7 million. That’s nearly $48 million more than the five land-based casinos that are co Continue reading

Philippines to Plug Money Laundering Holes in Casino Sector

By / Free Pokies / Comments Off on Philippines to Plug Money Laundering Holes in Casino Sector

Philippines to Plug Money Laundering Holes in Casino Sector

The Philippines is pushing ahead with plans to tighten anti-money laundering (AML) controls in its casino sector.

The nation’s gambling enterprises, that are lightly managed by state-run operator-regulator PAGCOR, are currently exempt from the rules of its Anti-Money Laundering Act of 2001.

Representative Ben Evardone has endorsed legislation to consist of Philippine casinos under the powers regarding the nation’s Anti-Money-Laundering Act. All that remains is to decide on the transaction reporting threshold.

But the cyber heist in the Federal Reserve Bank of February a year ago, drew the relaxed nature of the Philippine system towards the world’s attention and severely embarrassed the country, leading to urgent demands change not merely from lawmakers inside the Philippines but in addition from the entire world Bank.

On February 5th, hackers flooded the Fed Bank with demands for transfers totaling very nearly $1 billion from an account owned by the Bangladesh Bank and used by the federal government of Bangladesh.

Around $101 million had been successfully withdrawn before suspicions were raised. Some $20 million of the sum had been quickly traced to Sri Lanka and recovered. The rest had been transferred to Philippine bank RCBC and, from there, $46 million found its way, via a remittance company, into the casino industry that is philippine.

Time for Change

Representative Ben Evardone, president associated with committ Continue reading

order-now