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2301 stories by Erik Gibbs
Sports Betting Operator Betano Inks Deal to Sponsor Brazilian News Program
Legal sports betting in Brazil still has a questionable future. But operators have been busy positioning themselves in the unregulated market. Betano is determined to be at the top of the list, and is injecting millions of dollars into a short-term sponsorship...
Winning Lottery Tickets Are Being Smuggled into Macau and China from Hong Kong
China has a new gambling threat to worry about. As part of what Chinese media outlet HK01 says is a first, smugglers are now trying to send lottery tickets for Hong Kong’s Mark Six draw to Macau and Mainland China. On September...
UK Slaps Betfred with $3M Fine Over Anti-Money Laundering Violations
Betfred is expanding its reach in the US, but is running into trouble back home. The UK-based sportsbook Fred Done, founded in 1967, recently received a seven-figure fine from the UK Gambling Commission (UKGC). The UKGC accused Petfre (Gibraltar) Limited, which operates...
Cabo Verde Casino Project Led by Macau Legend Boss May Be Scrapped
A casino project in Cabo Verde meant to add new life to the Atlantic Ocean archipelago nation may not happen. Macau Legend Development, the company behind the failed Tak Chun Group junket, is apparently no longer in a position to cover the...
China Busts Illegal Gambling Ring That Laundered Almost $6B Through Cryptocurrency
Chinese authorities have reportedly taken down a massive criminal gang operating in the Hunan province. The group operated an illegal gambling network and telecom scams, utilizing cryptocurrencies to launder at least $5.6 billion in proceeds. Chinese media outlet Weixin reports that the...
Star Entertainment Accepts Failures at NSW Casino, Waits for Ruling on Future
After New South Wales (NSW) wrapped up its inquiry into Star Entertainment, it gave the casino operator two weeks to explain why it shouldn’t lose its license. The response is in, and Star has issued a reverberating mea culpa as it hopes...
DAZN, Sky Sports Continue to Battle for Position in European Sports
Competition breeds a better experience for consumers. That's good news for viewers, as DAZN and Sky Sports are each striking new deals in the European sports industry that will strengthen both of their positions. Sky Sports is going the route of additional...
Kindred’s Gaming License Fight with Norway Could Have Implications Across the EU
Kindred refuses to give up its ongoing battle with Norway. The gaming company is willing to go as far as it needs to in order to continue to serve the country, which might eventually chart a course for all operators in Europe....
Spanish Coastal City Huelva Considers New Casino in Revitalization Plans
Barcelona and Madrid have seen continued casino market expansion, but the southern city of Huelva may want in on the action. A reform there recently took a step forward. A local media outlet reports that Huelva, located in the Andalusian community of...
‘Monday Night Football’ Was a Wake-Up Call for Some Bettors
Spoiler alert: Monday Night Football didn't go the way most bettors thought it would. Those who poured in money to back the New York Giants ahead of the game weren't happy with the end result. The Cowboys took down the until-then undefeated...