2301 stories by Erik Gibbs
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...
Crown Resorts Receives Conditional Casino License for Crown Sydney
Crown Resorts can officially open its casino floor at the Crown Sydney in New South Wales (NSW). The Australian state's gaming regulator signed off on the operator's casino license two years after the property opened its doors. The NSW Independent Liquor &...
Wynn Resorts-Backed Sportsbook BetBull Shutting Down in July
As lucrative as the sports betting market can be, it isn't for everyone. Online sportsbook and iGaming operator BetBull has decided that, after a five-year run, it's time to throw in the towel. BetBull, an online "social" betting site, has announced it...
New South Wales Gaming to See Increased Point of Consumption Tax
New South Wales (NSW) gaming operators are about to see a tax increase. The point of consumption tax (POCT) is going up as of next month, which might mean consumers will see a difference in the cost of gambling. The increased POCT...
Casino Operator Rank Group Lowers Financial Expectations on Softer Performance
Rank Group may be wondering if it timed a recent expansion project correctly. The company behind Grosvenor Casinos and Mecca Bingo just realized that it isn't as financially healthy as it previously thought. Rank Group reported that Grosvenor Casinos saw an uptick...
Cordish Companies Planned Casino Project in Spain Finds Support
Cordish Companies revealed recently that it was in the process of reigniting a planned casino project for Spain. There's still a long way to go, but the company has found some local support that may help it fulfill its dream. The Ministry...
Melco Resorts’ Floating Restaurant ‘Jumbo’ Sinks in the South China Sea
An attempt to relocate a floating restaurant out of Hong Kong took an unexpected turn this weekend. During transit, Jumbo, owned by a subsidiary of casino giant Melco Resorts and Entertainment, capsized and sank. Jumbo has been a Hollywood movie set and...
Macau Quarantines Hotel Following COVID-19 Outbreak as Casino Stocks Tumble
Macau recently began to experience a new wave of COVID-19 cases. The count is rising, with the city quarantining an entire hotel and identifying a casino executive as positive for the coronavirus. There are now at least 36 people in Macau with...
Spanish Gaming Revenue Down as Sports Betting Takes a Hit
In the first quarter of the year, Spain's gambling revenue slipped from its level in the previous quarter. Casino gambling held its own in the period, but less attention was paid to sports betting. Spain's Directorate General for the Regulation of Gambling...
