2301 stories by Erik Gibbs
Danny Guthrie, Ex-Premier League Player, Bankrupt Over Gambling Debt
Dannie Guthrie enjoyed the good life, fulfilling his dream of becoming a Premier League soccer player. It wasn’t all fun and games, though, as a penchant for gambling has led to bankruptcy. After accruing almost £200,000 (US$241,000) in total debt, the former...
Macau Wants 40% GGR on Casino Revenue, but Offers Path to Reduce Cut
As Macau updates its gambling laws, a draft version of the bill included a gross gaming revenue (GGR) tax of "up to" 40%. Now, in the latest version, any ambiguity is gone, as the current phrase is "equal to" 40%. The latest...
Crown Resorts Takeover by Blackstone Approved by Australian Federal Court
The Blackstone Group has almost everything it needs to take possession of Australian casino operator Crown Resorts. A Federal Court approved the multibillion-dollar deal today, the last checkmark on a long list of approvals. This ruling follows less than one week of...
Imperial Pacific Int’l May Be Close to Deal on Saipan’s Imperial Palace
Imperial Pacific International (IPI) and the Commonwealth of Northern Mariana Islands (CNMI) reportedly have an agreement in the works. If the two sides sign off on it, it would allow IPI to keep the Imperial Palace casino in Saipan. The CNMI Federal...
New Lottery Products Approved by Brazil’s Federal District Governor
Brazil is ready to bring new lottery products to market. The state of Federal District (DF, for its Portuguese acronym) will be able to launch its offerings after Governor Ibaneis Rocha approved legislation on Monday. A month after the Legislative Chamber gave...
Sweden Backs off Plan to Hunt Down Unlicensed Online Gaming Operators
Countries like the UK and the Netherlands apparently believe that strangling their gambling markets with regulations is the ideal solution to making them run better. Sweden is taking a different approach, and isn't going to focus a lot of attention on unregulated...
Svenska Spel Could Face Sale If Opposition Party Wins Sweden’s Elections
A Swedish political party with its eye on controlling the government feels that privatizing Svenska Spel is a smart move. If it wins the country's elections this September, one of its first orders of business may be to sell the state-owned gaming...
Argentinian Millionaire Accused of Tax Evasion Hopes to Keep Casino
An Argentine businessman who spent time in jail for tax evasion wants to keep his casino. Cristobal López is banking on his influence and connections that run to the top of the government to keep control of Central Casino of Mendoza. López...
Cryptocurrency-Friendly El Salvador Builds New NFT-Focused Casino
El Salvador became the first country to recognize bitcoin as legal tender. It's also the first to receive a casino built around non-fungible tokens (NFT). This past January, Canada-based Astro Babies announced the development of its first physical casino where players can...
Uruguay Considering New Casino in Coastal Department of Rocha
Uruguay is getting support for a new casino from the highest level of government. President Luis Lacalle Pou has been meeting with government officials to explore a venue in the department of Rocha. Lacalle, Minister of Transport and Public Works José Luis...
