August 2017 Media Coverage

Thursday, August 31st 2017

August 2017

Paddy Power boss Breon Corcoran breaks ranks on gambling machine crackdown
Published in The Times, August 12, 2017

A leading bookmaker has signalled that it could welcome a crackdown on addictive gambling machines in a blow to the betting industry’s united front in opposing tighter regulation.

Breon Corcoran, the Paddy Power Betfair chief executive, has admitted that his company is “almost ambivalent” about slashing the maximum stake on fixed odds betting terminals (FOBTs), which allow gamblers to bet £100 every 20 seconds, to £2.

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Japan's Proposed Gaming Regulations Leave Las Vegas Skeptical
Published by KNPR, August 7, 2017

Japan legalized the opening of casinos back in December.

Since then, Las Vegas' big players – like MGM and Las Vegas Sands – have expressed interest in getting involved in a new Asian market, thinking it'll be another jackpot like Macau.

But the latest proposals from the Japanese government have left the gaming industry feeling a bit taken.

Is the Japanese dream dead before it even started?

"American executives possibly have reasons for disappointment, but at the same time, they knew all along that the Japanese government intended to produce a tightly regulated industry," Andrew Gellatly, head of Global Research Services at Gambling Compliance, told KNPR's State of Nevada.

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