Areas of Expertise
2301 stories by Erik Gibbs
Macau Legislator Can’t Explain ‘National Security’ Language in Gambling Bill
A Macau Legislative Assembly committee reviewing the city's updated gambling laws has clarified a clause regarding casino operators and national security violations. However, the explanation doesn't provide additional clarity. Language in Macau's updated gambling laws addresses the revocation of a casino operator's...
Brazilian Serie A Soccer: Only One Team Not Tied to Sports Betting
Most countries are determined to separate sports and sports betting. Brazil, which doesn't even have legal sports betting yet, is going in the opposite direction. Around the world, countries that have legal sports betting want to build a wall between sportsbooks and...
IGT’s Lottery Operations Grow as the Company Enters Germany’s Baden-Württemberg
International Game Technology (IGT) has learned that running lotteries mean big business. It has scored a couple of new deals lately, including one this week in the German state of Baden-Württemberg. IGT recently announced that it will expand its instant ticketing business,...
NagaCorp No Longer Interested in Russian Integrated Resort
NagaCorp has changed its mind about building an integrated resort in Russia. It had already begun construction of its development in the city of Vladivostok, but Russia's invasion of Ukraine is canceling those plans. Two years ago, NagaCorp was completely behind plans...
Entain to Skip Paying Dividends in Favor of Business Expansion
Entain is coming off a successful 2021 that saw core earnings reach more than $1 billion. However, the company will use its success to fuel expansion, foregoing dividends for a second consecutive year. Entain's latest financial health report shows that its earnings...
Peru’s Casino Sector on the Mend as Authorities, Casino Groups Hash Out Plans
Peru is beginning to see the end of its fight with COVID-19. That's clearing a path for the country's casino industry to launch a return to pre-pandemic operations. As of this past Monday, all casinos, restaurants, and other businesses returned to full...
Aussie Rugby Teams Join New South Wales to Reject Sports Bet Sponsors
The New South Wales-led anti-sports betting initiative "Reclaim the Game," has added two more sports teams. Two National Rugby League teams have joined the growing campaign. The program targets the reduction of betting advertising and sponsorships in sports to the point that...
Vietnam Likely to Extend Pilot Program Allowing Locals to Visit Casinos
Vietnam's program to determine if locals can gamble at casinos responsibly may remain longer than previously thought. It was to remain in place until sometime this year, but might stay until 2024. For the past couple of years, Vietnam has been running...
Las Vegas Sands Shows Greater Interest in Social Gaming than Casinos
Las Vegas Sands is changing the way it does business. The casino operator is showing an increased interest in social gaming as it backs a new gaming company, Fortis. Tomorrow's Las Vegas Sands (LVS) won't be the company Sheldon Adelson founded and...
Bet365, Parimatch and Other Gaming Operators Exit Russian Market
Some gaming operators are doing what they can to show their disapproval of Russia's invasion of Ukraine. Bet365, Parimatch, and other gaming-related companies are shutting down operations in Russia, the largest CIS country. Gaming operator bet365 is pulling out of Russia, according...