2301 stories by Erik Gibbs
New Zealand Bets on Massive Investment to Tackle Gambling Harm
In an effort to address and reduce potential gambling harm, the Government of New Zealand is willing to bet big money. It has allocated NZ$76.1 million (US$48 million) for a new project that it will run through 2025. The Ministry of Health...
Betfred Expands Sports Betting Reach in South Africa through LottoStar Hookup
Betfred has announced a new partnership in South Africa that will see it continue to grow in the region. The sports betting operator has teamed up with one of Africa's largest online betting operators, LottoStar. In June of last year, Betfred finalized...
Brazil’s Soccer Teams Want a Piece of the Online Betting Action
Sports betting and online gambling continue to be hot topics in Brazil, although legislative cohesion on how to proceed is at an impasse. When and if progress is made, soccer teams want a cut of the revenue. Previous estimates put Brazil's sports...
Australian Casinos Test Facial Recognition, Concept Faces Controversy
In Australia, a number of retailers use facial recognition to identify their customers, according to recent reports, That led to the question of whether casinos in the country are doing the same, and it turns out they are. Endeavour Group, Australia's largest...
Crown Resorts Finalizes $6.6B Blackstone Group Acquisition
The Blackstone Group has reached the finish line with its acquisition of Australia's Crown Resorts. Heading into the weekend, the private equity firm announced it completed its "largest investment to date in Asia." Blackstone had to jump through several hoops to get...
Germany Approves Tipwin, Mybet, Now Has Three iGaming Operators
In Germany, the licensing of online gambling is progressing very slowly. In a year, there have been only three approvals, with Tipwin and Mybet now arriving to join Mernov. Germany has a difficult online gambling regime to navigate. The Fourth Interstate Treaty...
Lottery Winner Sentenced for 2019 Banksy Artwork Theft
Having $5.7 million in lottery winnings wasn't enough for Mehdi Meftah. In 2019, he participated in the theft of street art that artist Banksy created to commemorate a 2015 terrorist attack in Paris, and has now been sentenced for the crime. The...
Imperial Pacific Int’l to Lease Imperial Palace Hotel Rooms As It Tries to Save Casino
There’s still no guarantee that Imperial Pacific International (IPI) will be able to retain its casino license for the Imperial Palace casino in Saipan. However, if it does, it won’t have complete control over the property’s hotel. In a filing with the...
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...
