Is Chinook Winds Casino Open  for MGM to beat other competitors’ new resorts ramp-up,” said Margaret Huang, an analyst at Bloomberg Intelligence. “Macau will always face regulatory risk from any changes from China. big fish casino down Operators will also face greater pressure from more new resorts and additional Asian gambling destinations. ” The Malta Gaming Authority is launching a wide-scale investigation into its Italian licensees for links to organized crime. rock n cash free slots According to “high-ranking Maltese sources” who spoke to Gambling Compliance this week, this is the first phase of a larger probe into all Italian businesses based in Malta. Benedetto Bacchi, owner of Malta-licensed Phoenix International, was arrested last week, accused of sharing profits of his illegal gambling business with the Cosa Nostra.

The incident has spurred the Malta Gaming Authority to become proactive rather than reactive. downstream casino wacky wednesday Soaring Eagle Casino Win Lob Statement Owpp (Image: ANSA/Petyx)The country has been embarrassed by a string of Malta-licensed companies that have been exposed by Italian police as being Mafia connected. soaring eagle casino prices The revelations have been particularly damaging to the reputation of the Malta Gaming Authority, whose job it is to regulate licensees in the major online gambling hub. “We have problems only with the Italians who are now managing less than 10 licenses out of 200,” said the source. “Italy is becoming highly risky for our reputation, as very often we must face public scandals founded on the connection between Italian entrepreneurs and the Mafia. slot casino games free 888 poker casino promotions Hard Rock Casino Interview Questions Bebu Australia ”riversweeps online casino gamePhoenix in FlamesThe most recent of these public scandals occurred just last week when police arrested 31 people across Italy for involvement in an illegal gambling operation with connections to the Sicilian Mafia. lucky creek casino welcome bonus No Deposit Bonus Exclusive Casino Kklc Germany

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Among them was the so-called “King of Betting,” Benedetto Bacchi, who controlled 700 illegal gambling joints throughout Italy. He allegedly shared the €1 million monthly profits directly with the Mafia in Palermo. bellagio casino bulgaria Bacchi’s joints employed computer terminals that facilitated gambling on websites that included B2875. com, Bsport24. com and B28sport. com, all of which were owned by his Malta-licensed company, Phoenix International Ltd.

The MGA immediately pulled Phoenix’s license and ordered it to “indefinitely suspend all gaming operations, cease to register new players, suspend all transactions on all websites, including deposits and withdrawals, and submit all data and documentation requested by the authority. ”N’Drangheta Point ManBut Bacchi was the fourth gambling operator with connections to organized crime to be exposed in the past three years – and many are wondering why the regulator, which is required to vet applicants for licenses, is being embarrassed quite so frequently. silver oak casino codes no deposit brian christopher slots latest video The most notorious case occurred in 2015 when the MGA was forced to revoke the licenses of nine online gambling sites, including BetUniq, whose CEO Mario Gennaro was described by prosecutors as the “point man” for the Calabrian Mafia in Malta. casino 24 hours near me Gennaro turneriversweeps online casino gamed snitch and his testimony is believed to have aided in the arrests of last week. winstar world casino oklahoma phone number Nearest Sportsbook Casino Mleu Online gambling comprises a sizeable sector of the Maltese economy and so its credibility as a regulatory jurisdiction is crucial. But it seems Malta has finally had enough of the Mafia in its midst and the MGA is finally getting proactive rather than reactive. free slots usa

“The cancellation of a license is always possible because it is a privilege and not a right,” said the Gambling Compliance source. turtle lake casino steak and lobster “If in our investigation we discover any business not provided by the license, we are going to revoke it. google install cashman casino ” Hong Kong Entertainment, owner of the Tinian Dynasty Hotel and Casino, told a federal judge this week that its financial situation was so bleak that it could no longer afford a lawyer to represent it in ongoing legal claims filed by creditors. free online poker calculator Desert island: The Tinian Dynasty Hotel and Casino has been deserted since 2015 when the US government imposed a record 75 million