Abstracts » Travel industry

Playing the game

Article Abstract:

In relation to the government's proposal for amendment of United Kingdom's gambling legislation, a Gambling Bill is likely to be proposed in autumn before the parliament. A Joint Committee has made certain recommendations for the draft bill on defining casinos by their size, overall entertainment and leisure content as by the gaming, proposed areas for the development of these casinos, restricting unlimited payout slots and to recognize the value of a stable, publicly acceptable industry that can demonstrate sustainability and create long-term partnerships.

Strategy & planning, Government domestic functions, Services information, Planning, Services, Reports, Legislative bodies, Company business planning, Legislative committees, Bills, Legislative, Legislative bills, Domestic policy

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A safe bet

Article Abstract:

The British betting industry seems to be in for good times, after a government announcement about the fixed odds betting terminals and also the privatization of tote. Due to these far-reaching announcements the share prices of all the betting companies showed an upward movement.

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Tote (London, United Kingdom)

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Leaving Las Vegas

Article Abstract:

The U.K. government signalled its commitment to liberalizing the gaming laws and large U.S. casino groups are taking interest in moving into the British market. Terry Lanni's MGM Mirage group is the most active player with an array of property development deals.

United States, Foreign operations

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