2301 stories by Erik Gibbs
Argentina’s Sports Market Faces New Match-Fixing Accusations
Around the world, initiatives are in place to try to eliminate incidences of match-fixing in sports. However, Argentina's sports ecosystem is apparently plagued with athletes who rig games for money, with new allegations surfacing. At least two players from Club Comunicaciones, a...
Casino Gambling Returns, and France’s Groupe Partouche Sees Revenue Skyrocket
If Groupe Partouche's financial results are any indication, the French are returning to casinos in droves. The France-based gaming company reported a 490% year-on-year revenue increase for its second quarter, covering February to April. The period saw a gross gaming revenue of...
Brazil Likely to Postpone Legalized Gambling Discussion Until Next Year
Brazil won’t likely see the legalization of casinos and additional forms of gambling this year. The country’s Senate has made it clear that the topic isn’t a priority on its agenda. Carlos Portinho, a senator from Rio de Janeiro and, as of...
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...
Thailand May Have Found a Location for New Integrated Resort
The Thai government is considering the possibility of adding land-based and online casinos to its landscape. If it does, it may have decided on the perfect spot for the first property. A Thai government committee reviewing the possibility of a casino complex...
