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Gambling regulation bill introduced in Armenia

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7-5 Gambling regulation bill introduced in ArmeniaReading Time: 1 minute

 

Armenian Vice Speaker of Parliament Alen Simonyan has proposed a bill in the parliament to add further regulation to gambling industry. The bill seeks to amend the existing gambling law.

“These will limit the activities of bookmaking offices in the territory of Armenia, and gambling through the well-known devices at filling stations and different public locations will be banned,” said Simonyan on social media in regards to the slot-machine type bookmaking equipment that are mainly located at CNG stations across Armenia, Armenpress reported.

The territory has walked around other gambling proposals, which include a total ban on sports betting. The Ministry of Finance also expressed the intention of changing how gambling operators are taxed in the country in order to get taxes directly from revenue.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Gambling regulation bill introduced in Armenia

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Spinola Gaming to launch Premium Instant Games

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After the successful release of Instant Games in 2019, Spinola Gaming is launching a set of Premium Instant Games designed to bridge the gap between lotteries and online slot games.

These games focus on high quality visuals, and are designed to move land-based lottery players online, opening up this untapped demographic to the world of online casinos.

Seasoned online casino players will find familiarity in Spinola Gaming’s lottery UI, which has been designed similar to traditional online slot games, to attract slot players and convert them into lottery lovers thanks to the high value multi-million jackpots on offer.

Premium Instant Games will give players the opportunity to win jackpots of up to €250 million. All of Spinola Gaming’s jackpots are fully insured, meaning operators can offer huge jackpots to their players, without the associated pay-out risk.

Ade Repcenko, Founder and CEO of Spinola Gaming, commented: “Online casinos are always looking for ways to offer their players the biggest jackpots possible, but positioning lotteries within the current online casino offering has often been perceived a challenge. Our development of these Premium Instant Games coupled with the high-value jackpot payouts we have available, provide a smooth and seamless transition for casino players not yet accustomed to a lottery product.”

As with all Spinola Gaming products, Premium Instant Games will be available in all languages and currencies and are fully manageable and data-tracked through the industry’s most advanced and powerful back-office, Connex.

The Spinola Gaming team will be giving exclusive pre-launch demos of Premium Instant Games at ICE. Book yours by getting in touch on sales@spinolagaming.com.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Spinola Gaming to launch Premium Instant Games

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Pamunkey Tribe Proposes $350M Casino Project

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The Pamunkey Indian Tribe in Virginia has announced its plans to develop a $350 million casino resort in the state’s capital and a separate one in Norfolk.

The Tribe purchased three properties in south Richmond for the development of the casino and a fourth parcel about 5 miles away to create a work-force training centre that could ultimately be converted into a grocery store or health clinic, representatives for the tribe announced.

The proposed resort would include a 275-room hotel tower featuring views of the James River and the downtown skyline containing a spa, fitness centre, pool, “high-end steak and seafood restaurant,” sports bar and 1000-space parking garage, according to a statement from the tribe.

The tribe plans to build a separate casino along the Elizabeth River in Norfolk, according to an agreement signed for the purchase of 13.4 acres from the city.

The Richmond project can move forward regardless because the Pamunkeys are the only tribe in Virginia with federal gaming rights under the Indian Regulatory Gaming Act. But the Norfolk project depends on the General Assembly passing and Gov. Ralph Northam signing legislation that would allow commercial gaming in Virginia.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Pamunkey Tribe Proposes 0M Casino Project

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Paradise Entertainment Appoints Kelcey Allison as SVP of US Operations

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4-6 Paradise Entertainment Appoints Kelcey Allison as SVP of US OperationsReading Time: < 1 minute

 

Paradise Entertainment has appointed Kelcey Allison as Senior Vice President of Operations and Business Development for its US subsidiary.

Allison, who most recently served as President and CEO for GSL Gaming Group, will be principally responsible for driving business development on slot machines and electronic table gaming machines and equipment, overseeing and leading sales operations primarily in the North American gaming markets.

“I am delighted to welcome Kelcey to Paradise as his appointment marks the elevation of our customer engagement strategy for the increasing demands for our slot machines and other gaming machines and equipment in the North American gaming markets,” Jay Chun, Chairman and Managing Director of Paradise Entertainment said.

“Kelcey has a proven track record for delivering growth and deep insights into the gaming industry. I am confident that he will add significant value to our existing teams and successfully drive the execution of our Group’s expansion ambitions. We are happy to have a person of his caliber and experience joining Paradise,” Jay Chun added.

“I am very pleased to be offered this unique and challenging career opportunity with Paradise, and I am extremely excited to be working with Paradise’s leadership team in advancing the Company to its next phase of growth,” Allison said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Paradise Entertainment Appoints Kelcey Allison as SVP of US Operations

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