2301 stories by Erik Gibbs
Colombia’s Gambling Industry Continues Growth as May Delivers “Historic” Revenue
Colombia's gambling industry is among the strongest in Latin America, and continues to strengthen. The revenue from May is propelling the industry even further, and making it a primary contributor to the national economy. Yesterday, the president of Colombian gaming regulator Coljuegos,...
888 Holdings Lowers Revenue Expectations amid UK Regulatory Crackdown
Increased restrictions in the UK's online gambling industry are taking their toll on 888 Holdings. As a result, the gaming operator expects lower half-year revenues, compounded by its temporary withdrawal from the Netherlands. Today's sharp fall in shares of 888 saw them...
Casinos Linked to Vietnamese Human Traficking, Teenager Faces Charges
Cambodia and Vietnam continue to be breeding grounds for criminals who take advantage of job scarcity to attract victims. The latest example involves the trafficking of four people who were sold to casino operators in Cambodia. Local police announced today that they...
Hard Rock Anxious to Break Ground on New Casino in Greece
Hard Rock International and Gek Terna are putting their plan to build an integrated resort (IR) in Greece in motion. Just weeks after receiving concession approval, they're anxious to get "Inspire Athens" moving forward. Hard Rock and Gek Terna announced Wednesday that...
Online Casinos Face Legal Challenge in Argentine Province of Cordoba
Cordoba is one of several provinces in Argentina to have already set in motion a legal online gambling initiative. However, pressure is mounting to reverse the decision, with a number of local leaders trying to block the measure. The province of Cordoba...
Soccer Match-Fixing Net Widens as Spain Arrests 10
Spain is making a concerted effort to tackle match-fixing in sports, and is finding success. Its latest initiative has already led to the arrest of 10 people, with more likely to fall. Police arrested 10 people for their alleged involvement in the...
Kindred Group Shakeup as It Loses Norway Gaming Lawsuit, Exits Germany
Gaming operator Kindred Group is having a rough month. Its operations in Europe are under fire, losing an ongoing court battle in Norway and saying auf Wiedersehen to Germany. Through its Trannel subsidiary, Kindred has maintained its Unibet platform in Norway as...
Bloomberry Resorts Chairman Razon Views Largest IPO in the Philippines for His Energy Arm
As Enrique Razon continues to boost the Philippines' casino industry, the country's second-richest man is working to advance one of his other big endeavors. He wants to go public with Prime Infrastructure Capital, his infrastructure and holding firm, and is preparing for...
Evolution Acquires Slot Developer Nolimit City in $357M Deal
Evolution is continuing to evolve into a larger, more diverse gaming company. Its latest move to facilitate that growth is the acquisition of Nolimit City, an online slot developer. The purchase, which Evolution hopes to complete before the end of the third...
UK Gambling Commission Thinks People Shouldn’t Be Able to Decide If They Can Afford to Gamble
The UK Gambling Commission (UKGC) is constantly introducing new rules and regulations for the country's gambling industry, including some that appear overbearing. In its latest initiative, which the regulator presented yesterday, it asserts that consumers can't be trusted to determine how to...
