Genting Aims To Upend Macau Casino Landscape In Bidding War
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Antar is a notorious con artist who confronts the prospect of more prison time in November for a scheme in which he defrauded friends and relatives of money he used to sustain his compulsive gambling habit. In the most recent case, he has pleaded guilty to theft by deception.
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Malaysian group Genting is a formidable competitor that could overthrow an incumbent Macau operator for a new licence, prompting the industry's biggest potential shakeup in more than two decades, as industry leaders suggest.
Michigan's gambling control board this month launched a 'Don't Regret the Bet' campaign to encourage residents to keep their gambling under control during March Madness, the country's biggest annual betting event.
An alarming study conducted by New Jersey's attorney general found that 6 percent of people surveyed in the state are problem gamblers and up to 20 percent of citizens show signs of problematic play.
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The National Council on Problem Gambling's helpline has seen its traffic increase by 21 percent when compared to last year, handling more than 30,000 calls and texts in March, as reported by the Financial Times.
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overtaken the U.K as the largest regulated online gambling market in the world, and as the industry grows, concerns are increasing that addiction to sports gambling could become a national crisis.
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