Most talked about casino topics
Day in and day out we gamble without really having any form of knowing what’s going on in the casino industry. Most casino players are probably not interested in the politics of gambling but for those who would like to keep up-to-date with the hottest news on the casino market, here are some of the most talked-about topics to this day.
Criminal Activity linked to the Crown Resort Casino
The tower at Barangaroo on Sydney’s harbor pushes itself up into the sky with 49 levels that make this incredible building 195m tall. The gorgeous skyscraper has attracted people all around the world. As you can imagine, watching views on 195m height will have your eyes mesmerized by the Sydney skyline glittering at night.
Although the building has its undoubted beauty, the Crown Resort Casino has attracted criminal groups. Luckily, this issue has now been highlighted and as most casinos, knowingly or unknowingly, will at some point attract criminal activity.
This has simply been a part of the gambling culture for decades due to the high amount of cash that’s involved. That’s why it’s so important to work closely with gambling regulators and authorities to avoid being linked to any form of organized crime.
The amount of scrutiny the Crown Resort Casino is now facing due to tales being involved with sex, drugs and illegal wombat shooting has put them underneath the magnifying glass.
Casino billionaire Lawrence Ho who’s worth around $1.75bn wants to buy 20% of the Crown Resort to help Packer and take it off his hands has been questioned and been temporarily denied this from the NSW Supreme Court. Why is this? There are many factors that are stopping Ho from being able to take over the Crown.
At the moment, no allegations have been made against Ho but because of the concerns being linked to criminal activity in China has made the NSW Supreme Court want to take further actions towards investigating Lawrence Ho.
His father Stanley has been banned from any form of involvement in the Barangaroo project and due to this more questions have been raised that needs to be answered or settled before any further actions can be taken.
Stanley Ho was one of the people who helped to build Macau which is the only part of China where people are allowed to engage in any form of gambling. Macau has come a long way. From being a Portuguese colony to now being known as the Las Vegas of Asia.
Lawrence Ho’s father Stanley for many years had a monopoly over the whole casino industry on the Chinese island. Because of the mass growth of criminal activity associated with Macau, the NSW Supreme Court decided to not allow Stanley Ho to be involved in the Barangaroo project.
High-roller revenue drops at the Crown Resort Casino
The Crown Resort has had an unlucky year with the supposed link to criminal activity. This has led to a drop in its VIP revenue this year. The high-end clients have decided to take a step back until the allegations have been cleared.
The financial results showed that their net profit has decreased by 28.1% year-on-year to roughly $273.03 million. Crown Resort Casinos earnings before tax and interest have actually risen by 7.2%.
seems that only the VIP’s have decided to take a break but the rest of the
players are still happily playing at the Crown Resort without any bother.
Another reason for the VIP players not gambling as much as they normally would at the Crown Resort is because the casino is under investigation and the majority of the VIP players may be linked to criminal activity hence why they’re taking a step back to avoid being charged.
The operator at the Crown Resort has stated that the financial results may be connected to the Chinese organized crime where the high-rollers use the Crown Resort Casino to launder money.
Real piñata money from Lightning Box Games new pokies game
Lightning Box Games are ready to make noise with their new Piñata Bucks video slot game. After launching the new and innovative online casino game, the players started placing their bets on it like lightning.
This colorful, Mexican themed poky wants to put more fun into playing slots. There’s been a lot of pressure on always “winning” rather than releasing your inner child by living in the moment and having the time of your life.
They premiered the game through an official press release published by the European Gaming Media and Events where they described the pokies game as ‘fun-filled’.
The main event on Piñata Bucks is the patented Reelfecta that is a new and improved bonus that offers 16 mini reels alongside the 1296 winning paylines where the pokies players can trigger the Lock and Spin feature.
To unlock this bonus round you need to land at least 6 or more piñata icons on your reels. During this bonus round, you’ll be rewarded with 5 free spins. Land 16 or more piñatas icons and the players can possibly trigger a huge jackpot win.
The Chief Executive Officer, Peter Causley proclaimed that the Sydney based company Lightning Box Games has made Piñata Bucks friendly to all smartphone devices. During your gameplay on your iOS or Android device, there are four separate jackpot features, mini, major and grand jackpot prizes.
Why don’t you try this explosive, hard-hitting new Reelfecta feature?
Chance Interactive decides to branch out and rebrand
The Australian pokies studio ReelPlay have decided that this year is time for an upgrade. The formerly known software developer Chance Interactive is based in Sydney and have decided to rebrand themselves as ReelPlay.
The name change has come effective immediately and wants to hit the ground running with their improved pokies content.
This fresh, fun and exciting approach is hoping to take them to the level to compete with the big software developers such as Microgaming.
ReelPlay was only founded back in 2014 but with their new approach, it seems more than positive that they’ll compete with the most reputable gaming companies sooner rather than later.
ReelPlay stated during their press release “The refresh to ReelPlay best represents where the business is today and where it’s headed.“
After signing a deal with the mobile casino company LeoVegas to exclusively launch through them, they have released their most recent pokies game Buster Hammer Carnival. This slot game has climbed up the ranks quickly in the online iGaming market after its launch.
ReelPlay’s aim is to continue to provide superior digital content for reputable and highly regulated online
Another comment ReelPlay made was that they are “Overflowing with passion, ReelPlay creates everything from the ground up, in-house.”
The Australian iGaming company truly is a multi-talented software company and have since 2014 provided the offline and online casino operators with multiple custom made casino games with a variety of high RTP versions.
David Johnson, ReelPlays Chief Commercial Officer stated:
“The refresh to ReelPlay best represents where the business is today and where it’s headed. The goal remains the same as it ever was – ReelPlay author the best in online digital gaming content as well as incubating select competitive collaborators, providing for a powerhouse of established and independent B2B satellite software studios. ReelPlay is the mothership.”
“Our business growth will continue to be underpinned by leveraging long-term partnerships with the world’s leading operators, collaborators, and aggregators. Overflowing with passion, ReelPlay create everything from the ground up, in-house. Carefully, surely, thought out and proud to put our name to it – as craft as craft gets in a digital world. With the re-brand, we are building on solid foundations whilst adding a little nitro.”
Buster Hammer Carnival has come as their face-frontal slot game for their newly-branded software company. The pokies game has a large amount of 117,000 in different ways of winning. This debut of the slot game has reached a wider market globally.