2301 stories by Erik Gibbs
IMF Says Philippines Casinos Still Need Better Money Laundering Policies
The International Monetary Fund (IMF) recognizes that the Philippines is making efforts to clean up its financial image. However, even though it concedes it has made progress, the country's casinos need to do more. In an IMF report from earlier this week,...
Crown Resorts Acquisition by Blackstone Receives Approval from Two Regulators
Private equity firm The Blackstone Group is two steps closer to taking over Australia's Crown Resorts, according to WA Today. The company has received two key approvals that will allow the deal to move forward. Crown shareholders already signed off on the...
Crown Resorts Boss Ready to Present ‘Best Gambling Environment in the World’
Crown Resorts could see New South Wales (NSW) lift its license suspension this month. If it does, the casino operator's CEO has high hopes for its Crown Sydney casino amid a complete corporate transformation. Steve McCann, CEO of Crown Resorts, believes that...
Kindred Scores Online Gaming License to Return to the Dutch Market
Kindred is ready to get back in the game in the Netherlands. As the country's online gaming industry continues to develop, the operator has secured a license that will allow it to return after last year's exit. Kindred will be able to...
Oaktree Asset Management Company Buys Slovenian Gaming Supplier Interblock
Oaktree Capital Management is one of many asset management firms with its eyes on the global gaming ecosystem. It's adding to its footprint through the acquisition of Interblock, a gaming supplier based in Slovenia. US-based Oaktree and Interblock announced the acquisition in...
Venezuela Casinos Are Back, and They’re Ready to Accept Cryptocurrency
More casinos are beginning to open in Venezuela, two years after the country reversed a ban on them. These gambling facilities are setting the stage for further cryptocurrency integration into mainstream finance, now accepting bitcoin and others. Not long ago, gambling was...
Chile Adds New Casino By Operator Enjoy, Plans Hotel, Other Amenities
After false starts resulting from the COVID-19 pandemic, Chile’s casino industry is picking up steam. A new gaming property is coming to Pucón, thanks to casino operator Enjoy. A month after the completion of the works and after the inspection by the...
Bookmakers Robbed in London by Brit Using Collapsible Walking Stick as Gun
A thief witnesses described as "terrifying" was taking down bookmakers around London with a collapsible walking stick he transformed to look like a shotgun. His reign of terror ended after what might be described as a temporary lack of judgment. Brett Mullan...
Juarez, Mexico, Wants a New Lottery to Fund Education
The concept of municipal lotteries, local lotteries that serve local interests, is catching on in Latin America. The latest can be found in Juarez, Mexico, which wants a new lottery in order to generate funds for education. The mayor of the municipality...
Spain’s Palma de Mallorca Introduces New Gambling Regulations
A number of local governments in Spain continue to update their gambling regulations. The latest is the city of Palma de Mallorca, which will take a stricter stance on gambling facilities across the region. Palma's New General Plan, which the government initially...
