2301 stories by Erik Gibbs
Blackstone’s End Game for Crown Resorts Could Be Liquidation
Crown Resorts' board of directors has accepted the $6.3-billion purchase bid from Blackstone Group. Now, rumors are spreading that the investment firm may choose to liquidate all of the Australian casino operator's assets. Blackstone Group has increased its interest in the global...
Hotel Oasis Casino Reopening in West Bank Causes Mixed Reactions
For almost 20 years, the casino at Hotel Oasis in the West Bank has kept its doors closed. The Jericho casino could soon reopen, but not everyone is happy about it. Hotel Oasis sits in the hotly-contested West Bank, an area that...
UK Gambling Commission Updates Guidance for Operators, Reports Online Revenue
The UK Gambling Commission (UKGC) wants to provide greater stability and uniformity with regard to how gaming operators present their terms and conditions. Accordingly, it has created new guidance to enhance fairness and transparency in the industry. It's an established fact that...
Kindred Subsidiary Faces $140K Daily Fine If It Doesn’t Leave Norway
Kindred has been given an ultimatum in Norway. Its Trannel International gaming subsidiary either needs to leave the country or face increasing fines until it does. Lottstift, Norway's gambling regulator, is laying down the law. It is accusing Kindred subsidiary Trannel International,...
Hong Kong Social Media Influencer Arrested On Illegal Gambling Charges
Hong Kong police have arrested a popular influencer for gambling online and promoting an online sportsbook. She faces up to seven years in jail and a fine but is currently out on bail. If you're a popular social media influencer with a...
Norwich City Football Club Welcomes DraftKings as Official Partner
DraftKings continues to show that it won't settle on being just another sports betting operator in the US. It has larger ambitions, and just signed a new partnership with the UK's Norwich City Football Club to support its objective. DraftKings has been...
Smarkets Betting Shows Macron Retaining Power over France
The first round of voting in French politics is less than two months away. It's still too early to know who will win, but Smarkets money is on Emmanuel Macron retaining power over the country. France is zeroing in on its presidential...
High Court in Karnataka, India Nixes Attempt to Ban All Forms of Gambling
India's battle with gambling, and especially online gambling, continues. Justices with the Karnataka High Court ruled this week that the state government went too far last year in blocking online gambling. India has been involved in an internal struggle with gambling for...
SkyCity Entertainment Posts Loss Following Slower Traffic
SkyCity Entertainment Group had difficulty getting started in its current fiscal year. The New Zealand-based casino operator reported a significant loss in profit for the first half of the period. When COVID-19 was giving the rest of the world a thrashing in...
Singapore Moves to Have a Single Regulator for All Gambling
Singapore's parliament has taken the next step toward the completion of its goal to have a unified gambling industry. Legislators discussed the country's updated gambling laws today and made progress on their implementation. Singapore has spent the past several years updating its...
