online casino news

New Jersey Mafia Bust Proof that Sports Betting Needs Oversight, Says State AG

Acting New Jersey Attorney General John J. Hoffman

A New Jersey Mafia bust supports the idea that sports betting in the Garden State needs to be legalized in order to keep criminal elements out, according to the state’s Acting Attorney General, John J. Hoffman. Speaking at a press conference in Newark this week, Hoffman said that the recent break up of a sports…Read More

South African Gambling Board Suspended for Corruption

South African Trade and Industry Minister Rob Davies

The entire  South African Gambling Board has been suspended for being an alleged hotbed of corruption, mismanagement and wasteful spending, according to the country’s trade and industry minister, Rob Davies. Davies relieved the National Gambling Board of South Africa (NGB) of its authority last month, although the reasons for the move were not made clear…Read More

GBGA Takes on UK Gambling Bill Point of Consumption Tax

Scales of Justice, Old Bailey, London

The Gibraltar Betting and Gaming Association (GBGA) has launched a second challenge to the new UK Gambling Bill, AKA the Gambling (Licensing & Advertising) Act, having seen its initial challenge thrown out of London High Court earlier in the month. While the organization’s first challenge contested the Act itself, the new demand for a judicial…Read More

James Packer Blames Crown Punters for Massive Profit Loss

James Packer, Chairman and CEO of Crown Resorts

James Packer’s Crown Resorts in Australia has been hit by some negative variance at the VIP tables, it seems. Packer told fellow shareholders at the company’s AGM (annual general meeting) last week in Perth that VIP operations were A$100 million below expectation, thanks to a number of high rollers getting lucky at the tables, or,…Read More

Caesars Entertainment in Debt Restructuring Talks, Again

Caesars debt restructuring plan talks

Caesars Entertainment says that it will begin talking with its creditors in an attempt to restructure its $24.2 billion debt load, the highest figure in the entire gaming industry. The move would look to restructure $18.3 million of that debt, and could result in a January bankruptcy filing. In the days since the Friday announcement,…Read More