888 live casino not workingBetween A Rock and a Hard Place‘The Rock’ has benefited greatly from the free cross-border movement of people, goods and services that is enshrined in EU membership and so have its gambling licensees.While some licensees have said they intend to stick with Gibraltar, 888 is not likely to be the only operator to jump ship.Gibraltar is currently an EU member by virtue of its British territory status but has no say in the ongoing Brexit negotiations. (Image: YouTube)“888 is not able to control political changes of this nature, however it is proceeding with its back-up plan of obtaining a gaming licence in Malta and establishing a server farm in Ireland so that it can continue to serve European markets with no disruption to its business,” said 888 in its 2008 preliminary results report this week.The company’s “Brexit back-up plan” is a troubling sign for Gibraltar, whose online gambling industry is its largest employee and accounts for around 25 of its gross domestic product. 888 noted this week that Spain, with which the UK has periodically clashed over the sovereignty of the territory, could use its EU voting powers to punish Gibraltar for its refusal to accept joint sovereignty.“The status of Gibraltar as a result of Brexit remains unclear,” said 888. aliante casino website“Yes, I think we have given them something they value and I think in return we are investing in a very nice company.”The four leaders, City of Dreams, Solaire, Resorts World, and Okada, collectively reported GGR of .09 billion, a nearly 26 percent premium on their 2016 performance.Manila’s integrated resorts accounted for 71.5 percent of the entire GGR generated by Philippine casinos in the calendar year.The Philippine Amusement and Gaming Corporation (PAGCOR), which continues to act as not only the country’s gaming regulator but also an operator, reported GGR of 0 million for its state-runty assets, they are one of the better-run companies in the world and we are happy that we are able to buy a small part of them.”Steve Wynn’s status as Wynn Resort’s majority shareholder had become a serious point of concern for the company as a myriad of sexual misconduct allegations began to pile up against him that threatened to jeopardize the company’s licenses.But a shareholder’s agreement between Wynn and his ex-wife, Elaine Wynn, prevented him from selling his shares.Galaxy Boosts Chances of Macau License Renewal A judge in Nevada initially refused to annul the shareholder’s agreement because it was too closely tied up in ongoing litigation between both Wynns and Japan’s Universal Entertainment.Wynn Resorts was so desperate to safeguard its licenses that it paid Universal .4 billion to settle that lawsuit and allow its disgraced former chairman and CEO to sell his shares.Galaxy’s acquisition of those shares made perfect sense for Wynn Resorts and its shareholders. bellagio casino vault

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