LAS Vegas Sands has said that its profits, in its first quarter, have doubled. The staggering surge in profits beats analysts' predictions as the sharp rise stems from Singapore and the US. "No company has ever achieved a $ 1 billion Ebitda for a quarter,” Adelson said on a call with investors. Net profit was $ 498.9m (£309m) in the three months to the end of March, up from $ 228.2m last year. Las Vegas Sands experienced a strong performance from Singapore, where casino revenue increased 51 percent to $ 701.3 million in the quarter. read more30.04.2012
wo online poker sites that will be forever linked together by virtue of their inclusion in the April 15, 2011 "Black Friday" prosecution by the U.S. Justice Department may now be linked even closer after events unfolded last week. Early in the week, Groupe Bernard Tapie, a French company, announced that negotiations to buy Full Tilt Poker had failed and would not be concluded. read more30.04.2012
The present Interstate Gambling Treaty expires at the end of 2011. Therefore and since the present legislation has been criticized severely by the European Court of Justice the Federal States of Germany have to establish a new gambling law (for further details please see my article http://www.isa-guide.com/law/articles/33481.html). The Federal State of Schleswig-Holstein made the first step in September and passed a new gaming legislation. read more31.10.2011