Rich Goldman Holdings Limited issues profit warning


Asian junket operator Rich Goldman Holdings Limited has reportedly announced that it expects to detail a loss of approximately $2.32 million for the six months to the end of December owing to depressed demand linked to the ongoing coronavirus pandemic.
According to a report from Inside Asian Gaming, the Hong-based firm revealed that it intends to publish its audited financial results for the six-month period at the end of February with the anticipated result set to represent a decrease of 200% year-on-year. The source detailed that the enterprise formerly known as Neptune Group Limited blamed the expected shortfall on coronavirus alongside the cessation in April of its long-standing association with a fellow junket firm that had run eight VIP gaming tables inside Macau’s iconic Casino Grand Lisboa property, which is owned by SJM Holdings Limited.
Compounding concern:
Rich Goldman Holdings Limited reportedly divulged that associated six-month revenues from its hotel operations are moreover expected to have crashed by at least $258,000 year-on-year due to the coronavirus-induced downturn in business to leave it with a minimum impairment loss of some $1.5 million and a fair value setback on its investment properties of around $774,000.
Promising prospects:
However, the Hong Kong-listed operator reportedly also explained that these losses are to be partially offset by an expected increase of about $645,000 in revenues from its money lending business. It pronounced that its prospects are to furthermore benefit from an alliance it signed in December that is to see it launch a VIP gaming parlor inside the Philippines’ 800-room Solaire Resort and Casino venue from Bloomberry Resorts Corporation.
Read a statement (pdf) from Rich Goldman Holdings Limited…
“The company is still in the course of finalizing the results for the 2020 interim period. Therefore, the actual financial results for the 2020 interim period may differ from the information contained in this announcement. Shareholders and potential investors are advised to exercise caution when dealing in the shares of the company.”

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Posted on 12:18 am

City center Dublin casino proposal fails to gain planning permission

In Ireland and a proposal that was to have seen local pensions firm Irish Life Assurance partner with British developer Hammerson so as to bring a small casino to a central Dublin shopping mall has reportedly been killed after it failed to obtain planning permission.
According to a Friday report from the Irish Independent newspaper, the two companies co-own the Ilac Centre shopping complex and had hoped to open a 24-hour casino featuring an ancillary ‘family entertainment’ section within the 500,000 sq ft facility. As such and the pair purportedly submitted a planning request last summer that sought permission to begin converting the site of a former Jack and Jones outlet near the mall’s Coles Lane entrance into a new gambling-friendly enterprise to be run by local outfit Expo Casino.
Local knockback:
However, the planning department of Dublin City Council purportedly rejected this proposal due to ‘serious concerns’ that any such approval could set a precedent for similar non-retail enterprises to set up shop along city center streets. The newspaper reported that Hammerson and Irish Life Assurance subsequently appealed this decision to the government’s independent An Bord Pleanala body claiming that its envisioned two-story casino would assist in protecting ‘the overall viability and vitality’ of such areas.
Fruitless petition:
Despite this assertion, the An Bord Pleanala watchdog has now reportedly also dismissed the plan to bring a casino to the Ilac Centre after finding that such an operation would likely ‘be problematic for Coles Lane as it is to be a benefit either in daytime or in the evening.’
Reportedly read the judgement from the An Bord Pleanala…
“While I would accept the general argument made by the applicant that flexibility and change is vital for malls, streets and retail areas to thrive and survive in the coming years, I find it difficult to see any strong justification on this for permitting a use like this on a vital entrance for the mall. It is as likely in my opinion to be problematic for Coles Lane as it is to be a benefit either in daytime or in the evening. I do not consider that a case has been made to change the use from either retail or restaurant use as previously permitted.”

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Posted on 10:24 pm

UK Gambling Commission Cracks Down on Slot Features

The online casino industry is continuously growing reaching record numbers every year.
With groundbreaking innovation, modern technology and exciting online casinos, it’s a virtual dreamworld compared to when it first started.
With the new advancements, increase in online casinos and growing numbers of online casino players, small issues are arising.
UK Gambling Commission Acts Fast
As the industry evolves the need for better regulation increases with the growing numbers of problem gamblers.
As such, the biggest issue in recent years has not been providing better gaming, but rather better safety measures to accompany the advanced gaming options available.
Gambling authorities around the globe are jumping at the opportunity to provide players with a better gaming environment. With the UK Gambling Commission being a leader in creating a safer gambling environment, setting an example many others in the industry tend to follow.
Their latest course of action includes a package of strict measures meant to strengthen the protections and controls for all who participate in online slot gameplay.
The package includes a range of new limits including permanent bans on features that speed up play and limits for spin speeds.
Operators will now be required to implement these new player protection measures which will instantly create fewer intensive games which are safer by design and award players more control over the games.

A Slot-Focused Strategy
The Commission focused its efforts on slot games partly because of the popularity of these games as well as the high intensity of the gameplay it provides.
Statistics show that slot games have a higher intensity resulting in putting more players at risk due to the features they provide. These are the games that award the most losses within the online gambling industry.
According to the new rules, four features are banned from the get-go. These include:

Spin speeds on slots that are faster than 2,5 seconds
Sounds or images providing the feel of a win when the amount is less than the stake
Any other features that speed up your gameplay or provide a ‘winning’ illusion

Some of the other changes include a permanent ban on reverse withdrawal. Thus, players will no longer be able to re-gamble money they requested to withdraw on a previous occasion.
Through all game sessions, operators will be obliged to display the win/loss amounts of the sessions along with the time players have spent on the game.
A Safer Slot Spinning Future
All these enhanced protections are expected to be put in place by the 31st of October 2021 by all online operators licensed and regulated by the UK Gambling Commission.
The Gambling Commission Chief Executive, Neil McArthur said that the ban on features that create the illusion of control over the outcome or speed up your play is necessary along with bans on autoplay, losses disguised as a win, and spin speeds faster than 2.5 seconds.
After hours and hours of research, the body has concluded that these steps are necessary to reduce the risks of harm brought to players.
For the UK Gambling Commission, the single focus is to ensure a safe gambling space is accessible to all online casino players and operators.

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Posted on 9:03 pm

Newly proposed VLT hall to aid “long-term sustainability” of Resorts World Catskills

Orange County in New York State could soon become a major gaming hub if Resorts World Catskills’ plan to open a new electronic gaming casino at the struggling Newburgh Mall come to fruition.
The project was originally set for the former Nepera Chemical plant in the village of Harriman, however, those plans fell through after an environmental review of the land showed that it was more contaminated than was previously thought and would not be buildable for nearly a decade.
Long-term vision:
In a recent statement to the Times Herald-Record, Genting, the parent company of Resorts World said…

“Developing a video gaming machine facility in Orange County has, for many years, been part of Resorts World’s long-term vision for Hudson Valley and the Catskills. It will create hundreds of good-paying unions jobs, generate significant revenue for New York’s public schools, and is an important step in ensuring the long-term sustainability of Resorts World Catskills.”
Enabling legislation:
Legislation sponsored by state Sen. James Skoufis (D-Hudson Valley) was passed in June 2019 allowing video-lottery terminals (VLTs) from gaming operations at Monticello Raceway in neighboring Sullivan County, which ceased on April 22, 2019, to be relocated to Orange County. And while it [the bill] did not specify a location, Skoufis had reportedly pushed for Resorts World to build its VLT hall at the former chemical plant that closed in 2005.
Contamination concerns:
As part of the deal for the original project, the senator required that the chemical plant property be cleaned by Resorts World parent company, Empire Resorts, which is 88.7 percent owned by Kien Huat Realty Sdn Bhd of Genting Group, and that it pay taxes in full to the Monroe-Woodbury School District, Town of Woodbury, and villages of Harriman and Woodbury. Both of the conditions were agreed to at the time.

Citing a press release from Skoufis’ office, a source reports that the senator said at the time…
“I’m not particularly pro- or anti-gambling so I used this opportunity to deliver real, substantive economic benefits to the constituents I represent. The former Nepera Chemical Plant property has been a contaminated blight in our community for years; as a result of this project, it will now be cleaned, put back on the tax rolls and employ approximately 400 local residents.”
Newburgh site:
According to the Times Herald-Record, the gambling hall in Newburgh is expected to employ as many as 225 people and be completed within a year once Resorts World has received the necessary approvals from the city of Newburgh and the New York State Gaming Commission. It has yet to be determined just how many electronic gaming machines will be housed at the proposed Newburgh site, which is located on Route 300. When gaming operations ended in 2019, Monticello Raceway reportedly had 1,100 VLTs, which it had hosted since 2004.
Plans for the current project are scheduled to be presented to the Newburgh Town Board by Resorts World on Feb. 22. Meanwhile, Town Supervisor Gil Piaquadio said that in order to allow gaming in that area, the board would have to amend its zoning, and would also require approval from the Planning Board once an environmental review is performed, as reported by the news agency.


Posted on 8:45 pm

Yokohama holds inaugural integrated casino resort public briefing

In Japan and officials in the city of Yokohama have reportedly held the first of six online briefings so as to lay out the specific direction of their campaign to win one of the nation’s coming trio of integrated casino resort licenses.
According to a report from Inside Asian Gaming, the inaugural remote seminar was conducted on Saturday afternoon as part of the latest request for proposal (RFP) stage of the giant conurbation’s drive to select a prospective operator for its envisioned Las Vegas-style development. The source detailed that the occasion saw members of the public ask a range of questions including how much revenue such a project would be expected to generate and where this extra cash would go.
Grand plan:
Yokohama is reportedly hoping to be given permission to bring a large gambling-friendly development complete with multiple hotels, exhibition facilities and retail elements to a 116-acre parcel of waterfront land near Yamashita Park. However, this effort to secure one of the three licenses is purportedly set to face local opposition alongside rival bids from a number of other communities including Wakayama Prefecture, Osaka and Nagasaki Prefecture.
Advanced attempt:
The second largest city in Japan with a population of approximately 3.7 million people, Yokohama reportedly kicked off the RFP stage of its casino campaign in December of 2019 and subsequently received concrete operator applications from seven candidates encompassing Galaxy Entertainment Group Limited, Melco Resorts and Entertainment Limited, Genting Singapore Limited, Sega Sammy Holdings Incorporated, Wynn Resorts Limited, Las Vegas Sands Corporation and Japanese firm Shotoku Corporation. But the metropolis was purportedly forced into running this official process again from last October after admitting that its inaugural attempt had failed to take into account the appearance of the coronavirus pandemic.
Timetable target:
These interested operators have now reportedly been given until May 17 to submit their revised RFP pitches with Yokohama subsequently hoping to have picked a preferred partner by the autumn before submitting its completed license application to a panel of federal selectors in advance of an April of 2022 deadline.
Bountiful benefits:
In response to questions concerning revenues from the planned Yokohama integrated casino resort and the city’s Deputy Mayor, Toshihide Hirahara, reportedly told briefing participants that the public purse would receive 15% of casino takings as well as half of all the cash earned from entry fees. He moreover purportedly explained that these funds would subsequently be earmarked to help the community endow local social welfare and cultural programs in addition to anti-problem gambling measures and tourism promotion campaigns.
Reportedly read a statement from Hirahara…
“We hope that you will understand the various attractions of an integrated casino resort, the job creation, positive impact on Yokohama’s economic development and the contribution to the city’s finances. I believe that this will be one of the sparks needed for economic recovery after coronavirus. We need to understand what measures need to be taken to support the future.”


Posted on 7:05 pm

Play’n’Go Thunder Screech Slot Review

Thunder Screech is a 5 reels and 10 Paylines video slot game powered by Play’N Go Gaming.Thunder Screech is a Native American themed slot machine which takes place against a forest in the background and reels are set in totem poles.The game is playable across all of your devices including mobiles, computers as well as with tablets.The minimum betting size you can use to play Thunder Screech slot can be $0.10 per spin and the maximum can be $100 per spin.The maximum possible win could be 5,000x times of your stake and the RTP is 96.2%.There are 3 bonus features exist in this game including the free spins feature and multiplier which if activated will grant you 5 free spins and up to 9x multipliers.Graphics of Thunder Screech slot are highly attractive whereas the soundtrack is at par above great.The canvas-style reel contains A to 10 low paying Royals along with Raven character who pays 7.5, 15 or 75 x times of your stake for 3,4 or 5 of them on your Payline.The Thunderbird totem acts as the wild symbol which appears only on middle 3 reels and replaces other symbols except the scatters to create a winning combination.The Dream Catcher is the scatter symbol which if appears on your screen will trigger the free spins feature.Thunder Screech Bonus FeaturesThe game comes in with 3 bonus features such as call feature, strike feature and the most awaited free spins feature.Call featureThis feature is triggered on any random spin and when that happens it will add 5 and 9 wilds on your reels.Strike featureThis feature can also get triggered on any random spin and it will then replace regular wilds to Thunder Wilds. It will also offer you 1x, 2x or 3x multiplier. This feature can be re-triggered.Free Spins featureLand scatters on reel 1, 3 and 5 to trigger the free spins feature and to get 5 free spins initially. All wilds will be upgraded to thunder wilds during this period of time.Where to Play

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Posted on 11:13 am

NetEnt Rome: The Golden Age Slot Review

ผู้เล่นรอคอยวิดีโอสล็อตใหม่ของ NetEnt และข่าวดีก็คือ “พวกเขาได้พบช่องใหม่จาก NetEnt house ที่ชื่อว่า The Rome: The Golden Age Rome: The Golden Age เป็นเกมสล็อตวิดีโอที่ดูดีที่สุดของ 5 วงล้อและ 20 ช่องจ่ายเงินที่ขับเคลื่อนโดย Net Entertainment และสามารถเล่นได้บนอุปกรณ์ทุกเครื่องของคุณขนาดเกมสำหรับสล็อตนี้มีตั้งแต่ 0.10 ดอลลาร์ต่อการหมุนไปจนถึง 50 ดอลลาร์ต่อการหมุนและให้การกระทำของคุณมากถึง 83,333 เท่าซึ่งเป็นการจ่ายเงินสูงสุด เกมดังกล่าวมาพร้อมกับคุณสมบัติโบนัส 3 อย่าง ได้แก่ Wilds Scatters, Free Spins และตัวคูณที่เพิ่มขึ้นมากถึง 2,000 ตามชื่อที่แนะนำ The Rome: The Golden Age Slot มีพื้นฐานมาจากกรุงโรมโบราณซึ่งสามารถมองเห็นรูปปั้นหินอ่อนที่ออกแบบอย่างสวยงามได้ที่ด้านข้าง ของวงล้อรูปแบบการเล่นกราฟิกและเพลงประกอบที่เข้มข้นของสล็อตนี้ยอดเยี่ยมมากสัญลักษณ์ของสล็อตนี้มีมูลค่าต่ำ A, K, Q, J และ 10 Royals รวมถึงหมวกกันน็อคโรมันคุณภาพสูงแหวนทองคำดาบและ Aquila ที่มี o สัญลักษณ์ของอาณาจักรโรมัน นอกจากนี้คุณยังจะเห็นสัญลักษณ์เสือซึ่งเป็นสัญลักษณ์ที่คุ้มค่าที่สุดของเกมนี้โดยเสนอเงินเดิมพันสูงสุดถึง 5 เท่าสำหรับ 5 ประเภท สัญลักษณ์เสริมจะแทนที่สัญลักษณ์อื่นและจ่ายเงินให้คุณ 5 เท่าของเงินเดิมพันของคุณ ผลตอบแทนของเปอร์เซ็นต์ผู้เล่นเช่น (RTP) ก็ดีมากเช่นกันและประมาณ 96.06% .3,4 หรือ 5 สัญลักษณ์ที่ตรงกันบนเพย์ไลน์ทำให้เกิดการชนะ เกมดังกล่าวมีตัวเลือก autospin มากถึง 1,000 ตัวซึ่งหมายความว่าคุณสามารถกำหนดขนาดเดิมพัน / เหรียญสำหรับช่วงที่กำหนดและเล่นได้โดยไม่หยุดชะงัก คุณสมบัติของเฟรมสัญลักษณ์ยุคทองเมื่อลงบนวงล้อจะสร้างเฟรมหรือสามารถแปลงเป็นสัญลักษณ์โรมันที่มีรายได้สูงเพื่อจ่ายรางวัลใหญ่ให้คุณ ฟีเจอร์ตัวคูณฟรีสปินเป็นสัญลักษณ์ของยุคทองในระหว่างเกมหลักเพื่อรับคะแนนบนแถบความคืบหน้าให้คุณสมบัติตัวคูณฟรีสปินและคุณจะได้รับมากถึง 1,000 เท่าของเงินเดิมพันของคุณ คุณสมบัติฟรีสปินเมื่อคุณใช้ 3 สแคตเตอร์โดยเฉลี่ย 3 รีลคุณสามารถเรียกใช้คุณสมบัติฟรีสปินและคุณจะได้รับ 3 ฟรีสปินในตอนแรกพร้อมกับ 0.5 ถึง 50 เท่าของเกมของคุณ การหมุนจะถูกล็อคและสัญลักษณ์ rom จะเข้าสู่ตำแหน่งปลดล็อคใด ๆ โดยให้รางวัลแก่คุณ 50 เท่าของเงินเดิมพันของคุณ จำนวนฟรีสปินจะรีเซ็ตเป็น 3 ด้วยหากสัญลักษณ์โรมตกลงมาในช่วงเวลานี้

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Posted on 10:05 am

Tak Chun Group to open VIP gaming lounge inside The Londoner Macao

In Macau and prominent casino junket operator Tak Chun Group has reportedly announced that it is to premiere its latest VIP gaming club inside The Londoner Macao from Monday afternoon.
According to a report from GGRAsia, the firm is already responsible for similar high-roller lounges within some of the former Portuguese enclave’s most prestigious properties including the Wynn Palace Cotai, The Plaza Macao and MGM Cotai and will be debuting its newest at the same time as the first stage of The Londoner Macao opens to the public from February 8. The source detailed that this coming venture, which is to be eponymously branded, is subsequently hoping to take advantage of interest surrounding the city’s upcoming Chinese New Year celebrations so as to get off to a good start.
London likeness:
The Londoner Macao is reportedly a redevelopment of the 6,000-room Sands Cotai Central property run by the local Sands China Limited subsidiary of giant American casino operator Las Vegas Sands Corporation. This $2 billion transformation is purportedly due to see the Cotai Strip venue feature a façade recreating the architecture of the United Kingdom’s Palace of Westminster complex including its Elizabeth Tower complete with the iconic Big Ben clock.
Earlier effort:
Macau-headquartered Tak Shun Group had reportedly been responsible for a similar Sands Cotai Central VIP gaming club but was last year forced to temporarily suspend this operation owing to a coronavirus-induced drop in business. The firm has now purportedly committed to the new-look The Londoner Macao after earlier proclaiming its desire to maintain operations as the venue completes its ‘phased completion throughout 2020 and 2021.’

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Posted on 11:23 pm

Gaming Innovation Group to power launch of PlayStar Casino in U.S.

Gaming Innovation Group’s (GiG) first new partnership of the year will see its iGaming platform technologies power the launch of recently established online casino brand PlayStar Casino in the U.S. market.
Based on a revenue share model, the agreement between GiG and the virtual operator has a 4-year minimum duration with an expected launch in the 4th quarter of this year.
Commenting on the tie-up, Chief Executive Officer for GiG, Richard Brown, said…

“It is very exciting to be part of PlayStar’s inspiring and innovative plans for the expanding US digital gambling market. PlayStar has an extremely strong product vision backed by a very experienced industry team. This agreement further demonstrates and drives our ambition to be the platform partner of choice for operators in regulated markets. GiG is extremely proud to be supporting PlayStar as they establish themselves as a strong and innovative iGaming brand in the US and we are confident that it will be a successful partnership.”
Founded and operated by Joel Wikell and Adam Noble, PlayStar Casino announced earlier in the week its partnership with Ocean Casino Resort in New Jersey. Noble is the former Commercial Manager for Yggdrasil Gaming and former Head of Sales and Business Development – Platform Services for Play’n GO, while Founder and Chairman Wikell is the Founder of HexiGames, Readly, and Boss Media, and the Co-founder of Blinto AB.
Plans for NJ and beyond:
Co-founder and Executive Vice President for PlayStar Casino, Noble added…
“Gaming Innovation Group has earned a reputation for being a very formidable and trusted technology partner in Europe, so when we were assessing platforms for our market entry into New Jersey, we were very confident in selecting GiG as our platform partner. We are really excited to have them support our launch into New Jersey and also our future expansion into regulated states across the USA.”
“PlayStar Casino is setting out to offer an online casino experience with a difference that will stand out from the current offerings in the market. Our player experience focus, centred on a unique product offering, engaging frontend concept and personalisation will result in an immersive and entertaining experience for the player. We have big plans for New Jersey and other US states, and look forward to making our debut in the Garden State later this year.”
Sizzling sports betting market:
In related news, the northeastern U.S. state’s regulated sports betting market enjoyed its fifth consecutive record-breaking month in December after amassing aggregated revenues of $66.4 million courtesy of a monumental $996.3 million in combined handle.


Posted on 9:47 pm

Ride the Storm with Radi8’s New Slot Release

Online casinos are packed with thrilling games to choose from. Each with exciting themes, bonus features and jackpot rewards that separate them from one another.
You will find a number of games that fall under the same category, some themes even become worn out, being done time and time again. Other times, you find yourself hungry for an adventure unlike any other.
If your heart is yearning for the desert where the wild horses run and stampedes results in wild wins, then Radi8 has heard your call! Their latest creation, Storm Rider is about to take you on the ride of your life with wild mustangs, fun bonus features, and spontaneous wins of up to 12,000x your stake!
Storm Riders Chasing Wild Horses
Get ready for adventure with this cowboy-themed video slot. The game theme is based on the storm riding trail cowboy, Cash Hawkins, who lives on the range and drives his wild horses back to the Bronco Ranch.
Hawkins is known among his peers as one of the most fearless cowboys – not scared of any storm, horse, or hurdle. The thunder might be rolling but no storm will hold this strong cowboy back from riding across the 4×5 reels and guiding the wild horses from one side of the 40 paylines to the other.
The slot comes with wagers that start at €0.40 and can climb as high as €40. It is considered a medium to high volatility game.
Experience the adventure from anywhere at any time via your desktop, tablet or mobile device. The game has a range of exciting features, offers a 96.01% RTP, and awards maximum payouts of 12,000x your total bet!

It’s About to go Down in the Wild West
The first thing that determines whether you’ll find a slot worthwhile or not is generally the design. Radi8 has done a spectacular job with the design of the Storm Rider online slot. It comes with high-end graphics, animations, and sounds that guarantee an immersive experience.
Your inner cowboy/cowgirl will awaken the minute you load the slot with the sound of thunder rolling in the background producing that eerie feel of the unexpected waiting to surprise you.
The slot is set in the Wild West, from the desert backdrop to the wooden base of the reels. The soundtrack includes an old Western tune with wild horses making you aware of their presence.
Symbols include cowboys, cowgirls, rope, boots, wild mustangs, and other necessities linked to the authentic Wild West. The low-value symbols are all card symbols. Of course, the most beautiful symbol of all is the black mustang.
A Wild West Throwdown
Thunder strikes, wild horses run across the reels and cowboys are back for glory and epic stories. With Storm Rider, you can look forward to a thrilling adventure and a range of fun features.
Stampede Storm feature
The first is the Stampede Storm which is triggered with 3 to 5 scatter symbols. This feature awards 10 free spins, during which symbols collected will go straight into chargers. All full chargers will transform the symbols into mustang symbols. These will ensure you get 2 additional free spins. You can get up to 28 additional free spins per Stampede Storm bonus round.
Ropin’ Reels
With this feature, your 1st reel will be duplicated into 3, 4 or all 5 reels guaranteeing a win. This feature can also be triggered during the Stampede Storm feature.
Wild Bronco X
Reels 2, 3 and 4 can contain mega wilds and any partial wild landed will nudge the full reel. If you receive multiple Broncos you can look forward to a win multiplier of 2x or 3x.

Mobile Storms
If cowboys, wild horses and epic wins are what you’re after then a stay-at-home game won’t do. Fear not, Storm Rider utilises the latest technology and software enabling it to keep you entertained on the go.
Join Cash Hawkins on Wild Horse trail rides from anywhere at any time via your Android or iOS mobile or tablet device.
Rest assured your mobile experience guarantees the same high-quality graphics, sounds, and thrilling bonus features. Including access to big win possibilities off up to 12,000x your stake.
Ride the Storms with Radi8
This Western adventure is unlike any you’ve experienced before with thunder, lightning, and wild horses taking over your reels.
Face the thunder and delight in Ropin’ Reels and watch the wins roll in with Stampede Storms. Storm Rider has the potential to award big wins of up to 12,000x your stake!
Play Storm Rider at any top Radi8 online casino recommended by TopSpotCasinos today.

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Posted on 9:35 pm