February 10, 2012
The chinese sportswear outfit regroups
EMV Smart Cards and the US Market
May 19, 2011
Is EMV coming to the US with all this means. Spend on terminals, ATM, payments software, processing facilities, fraud services, security systems and retail banking systems to name a few. Impacting companies such as, all of the banks, VeriFone, Hypercom, Ingenico, NCR, TSA, First Data etc:
Poker Indictments - Winners and Losers
April 28, 2011
The indictment of the three biggest online poker operators has already created winners and losers. Media companies like ESPN, were hurt. But there is growing interest in legal alternatives, like PurePlay.com and Atlantis Internet Group (ATIG). Poker sites that don't take bets from the U.S., like Playtech and Bwin.party have seen a surge of players. But landbased operators have seen increases too small to be important for MGM, Las Vegas Sands Corp., Wynn Resorts and Penn National Gaming.
Amnesty for Internet Gambling Companies?
March 28, 2011
Good news for Internet gambling operators: Nevada approved Caesars Entertainment-888 partnership. So others, like Party Gaming - Bwin, can come back. But Wynn Resorts announced it will work with PokerStars. Sites taking US bets have better name recognition. MGM, Las Vegas Sands Corp., Lakes Entertainment and Penn National Gaming are preoccupied. But Peninsula Gaming, Foxwoods - Goodson Gaming, Cake Poker - Atlantis , and Scientific Games - Playtech (Sciplay) are getting ready to jump in.
Nevada Board Approves Caesars-888 Deal
March 16, 2011
The Nevada Gaming Control Board has approved a partnership between Caesars Entertainment and 888 Holdings. This does not mean that true Internet gambling is coming to Nevada, at least not yet. But the approval means casino regulators have accepted an operator that used to take bets from the U.S. It also points to which states and companies will win the race to be America’s first licensed online poker operators: Caesars or PartyGaming - bwin Interactive Entertainment.
Gov. Christie Vetoes N.J. Internet Gambling
March 14, 2011
Governor Chris Christie gave legitimate reasons for vetoing the intrastate Internet gaming bill. But the real reason was political. As a Republican, Christie has to both balance the budget and be socially conservative. So he will help put it on the ballot. If NJ voters approve, it's not his fault. And the real winners will be the licensed casinos of Atlantic City, which desperately need ways to compete and expand their business.
Shanghai Disneyland Roll-out Kicks off in the Post-EXPO era
November 10, 2010
Shanghai Disneyland starts construction | www.chinadaily.com.cn
On Nov 5th, Shanghai government signed exuecutional contract with Walt Disney on the building of the 6th international and 2nd in China Disneyland. The first phase theme park will be located in the Pudong District - 20 KM from the Pudong Int'l Airport and 30KM from downtown, a space of 1 sq. km of the park and 4 sq. km supporting facilities such as hotels. Opening sometime between 2014-2015 it will bring in more than 10 billion RMB additional tourist revenue for Shanghai and the Disneyland.
Under Armour Likely to Enter China Market in late 2010/early 2011
October 11, 2010
Under Armour On road to recover | www.bloggingstocks.com
This US performance sports giant's China strategy has evolved from sourcing basis to market entry with test stores in China pretty soon. Market pulse from retail circle and industrial analyists/observers have picked up strong signs and plans for this company to form strategy and plans to 'knock on heaven's door'...
UIGEA Regs will take effect June 1st
March 30, 2010
Banks and other payment processors were originally given until December 1, 2009, to implement regulations under the Unlawful Internet Gambling Enforcement Act. Congressional leaders asked for a one year delay; they got six months. Reid and Geithner have given into political extortion from Sen. Jon Kyl, pledging no further delays. The good news is that this is only going to cost banks a lot of money. The regulations don’t actually do anything, except make work for gaming lawyers.
Frightening Developments in Macau
March 29, 2010
High - Rollers, Triads And A Las Vegas Giant | www.nytimes.com
Reuters is reporting a murder-for-hire case linking the Macau Sands with organized crime triads. Macau and the companies associated with its casinos -- MGM Mirage, Wynn Resorts, Las Vegas Sands, Galaxy Entertainment, Melco Crown Entertainment, SJM Holdings; and even Hard Rock, Hyatt Regency, Four Seasons and Mandarin Oriental -- won't do much about this news. But Nevada and other U.S. state regulators will now have to take another look to see whether licenses will be pulled.
Apple brings textbooks to iPad -- Finally
January 20, 2012
PayPal loses a key player in mobile device payments to Yahoo
January 10, 2012
More details and insights about the planned Sears Holdings store closings
January 4, 2012
Three things you should know about Sears store closings
December 29, 2011
Thoughts on GM Volt's recent "rapid thermal expansion" incident
December 6, 2011