Areas of Expertise
2301 stories by Erik Gibbs
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...
EuroMillions Lottery Prize of $66M Claimed By Brit
A single ticket in a EuroMillions lottery draw from last Friday is worth just shy of £55 million (US$67 million). The British Lottery player came forward to claim the massive prize today. British National Lottery operator Camelot announced that one ticket holder...
Italian Police Arrest ‘Casino Royale’ Screenwriter Paul Haggis on Sexual Abuse Allegations
Police in the Italian city of Ostuni arrested Canadian screenwriter/director Paul Haggis, responsible for Casino Royale and other Hollywood blockbusters, yesterday. He faces allegations of sexually abusing a woman for two days, according to local media. Haggis, who won an Oscar for...