2301 stories by Erik Gibbs
Vatican Promises Not to Invest in Gambling, Pornography
A new document outlines which investments the Catholic Church can invest. Gambling, pornography, prostitution, the arms industry, abortion centers, and pharmaceutical companies that manufacture contraceptive methods or work with embryonic stem cells are now off-limits. The document outlining investments was published Tuesday....
Sports Betting Controversy in Chile Pits Soccer Against State
Although Chile is still working on legislation to legalize sports betting, operators are backing soccer teams in the country. This is beginning to cause friction between its leading soccer organization and Chile's gambling regulator. Bookmakers are an important player in the financing...
Colombia’s iGaming Market Expands as Kalamba Partners with BetPlay
iGaming and sports betting operator BetPlay is adding more content to its operations in Colombia. The platform signed a new delivery deal with Kalamba Games for a long list of new slot titles. Under the deal, Kalamba will hand over 17 online...
Gamblers in Romania Receive Bad News, Government Raises Taxes
Romania's plan to increase taxes on its gambling industry is moving forward. Unfortunately, it is also adding more taxes, which could prove detrimental to the growth of the legal sector. At the end of June, Romania confirmed that it would implement a...
Premier League Soccer Clubs Reportedly Back Voluntary Ban of Gambling Sponsorships
The UK government is currently in a heightened state of chaos, which is causing a delay in the release of its updated gambling laws. Although it might not include a forced ban on gambling sponsorships in sports, English Premier League (EPL) teams...
New Casino Could Come to Queensland as Tribe Lays Claim to State Land
An indigenous tribe in Australia is staking its claim on a valuable piece of land in Queensland. If it is able to hold on to the property, the Kombumerri-NgarangWal Saltwater People envision a tribal casino in one of the most sought-after areas...
Singapore Illegal Gambling Operation Leads to 29 Arrests
Casinos in Singapore reopened their gaming floors in April following extensive COVID-19 lockdowns. However, the illegal gambling element is still alive, with police arresting 29 people for their involvement in an underground gaming operation. This past Sunday, police simultaneously raided several locations...
Casino Operator NagaCorp Back in Black Despite Ongoing Strike in Cambodia
NagaCorp is seeing green as it leaves red and enters black. As a result, the casino operator behind Cambodia's NagaWorld casino was able to report a profit for the first half of 2022. NagaCorp provided a financial health update to the Hong...
Svenska Spel Profit Down Despite Increase in Revenue
Svenska Spel has released its financial health report for the second quarter of the year. Sweden's state-run gaming operator reported that its net gaming revenue slowed to a crawl, but its land-based operations saw better results. The company's net gaming revenue increased...
Paddy Power to Close a Number Handful of Sportsbooks as Bettors Move Online
Paddy Power's land-based sports betting operations are shrinking. As more bettors choose online platforms for placing wagers, the Flutter Entertainment-owned company will shutter at least 13 shops in Ireland. The Times reports that sports bettors have grown more accustomed to online betting...
