Throughout 2015, the government passed the Cruise Act 2015, and added amendments that would let a lot more than 5 operators to include casino facilities on board. These had to be modelled right after certain provisions, such as surface and games availability. The monopoly on these forms of gambling seems to be as firm as ever, and has even extended on the sole kind of interactive gambling obtainable in the country – on-line lottery.
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I have spent some of my time overseas in gaming and resort possibilities, mostly in South America and Asia. I’ve also been advising the Mohegan Board the past year and a half prior to taking on this present part. In addition, I have been involved as an investor and advisor in a handful of on line-gaming initiatives, such as some startups as nicely. China’s anti-graft campaign began to weigh on the gambling industry in 2014, in particular in Macau, where mainland players accounted for about 70 percent of revenue.
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