2301 stories by Erik Gibbs
Ending Imperial Pacific’s Control Over Saipan’s Casino Market Called Unconstitutional
Imperial Pacific International (IPI) continues to hold onto its monopoly of Saipan's casino market through the Imperial Palace casino. It might continue, as one high-ranking official now asserts that removing that control would be unconstitutional. It wasn't too long ago that Andrew...
Macau to See 80% Drop in Tax Revenue as Junkets Exit
With casino junkets possibly looking at the end of their run in Macau, the revenue they once provided will be dramatically reduced. The government anticipates an almost 80% loss from the segment in fiscal year 2022. Junkets have been a regular part...
Singapore Man Faces Caning After Failed Extortion Plot at Marina Bay Sands
An attempt to extort two employees at the Marina Bay Sands in Singapore could carry a painful fine. A 29-year-old man faces caning for his alleged criminal acts at the casino resort. There are those who will use any situation – legally...
888 Holdings Expects Delay in Completion of William Hill Acquisition
888 Holdings expected to complete its acquisition of William Hill's non-US assets during the first quarter of the year. Those plans have now changed, with a second-quarter completion more likely. 888 finalized its agreement to purchase William Hill's non-US assets from Caesars...
Nagasaki Heads Into the Last Lap of the Casino Resort Race Under a Caution Flag
Nagasaki's future as a host of an integrated resort (IR) in Japan has always been strong. However, there are a couple of issues that mean the outcome is anything but a guarantee. In 2018, Nagasaki re-elected Hodo Nakamura to be its governor....
Grand Korea Leisure Set to Relocate Gangbuk Gaming Ops in South Korea
Grand Korea Leisure (GKL) now knows where it will be able to put one of its existing Seven Luck casinos in South Korea. The venue has to be moved after the property under it was sold, and it will now go to...
Genting Singapore Shutters Japanese Subsidiaries Following Yokohama IR Exit
Genting Singapore was once a possible candidate for an integrated resort (IR) in Yokohama, Japan. When the city scrapped those plans, the casino operator was put in a tough spot. Now, it's shutting down some of its Japanese operations as a result....
SoftSwiss Enjoys a Strong 2021, as GGR More than Doubles Across the Year
SoftSwiss is bringing 2021 to a close on a high note. The game aggregator company reports that its full-year revenue was double in December what it was in January. SoftSwiss, which recently gained entry to the Greek market, has delivered its financial...
European Gaming and Betting Assn. Expects 2021 Gross Gaming Revenue to End Strong
Despite several stops and starts, 2021 will most likely have delivered better returns for casino operators in Europe. The European Gaming and Betting Association (EGBA) expects a year-on-year increase in revenue will be recorded when 2021 closes. The year 2020 was a...
Omicron COVID-19 Variant Starts to be Seen in Macau
Macau has succumbed to the latest variant of COVID-19. Omicron has arrived in the global gaming hub, but it's too early to expect a widespread outbreak. Health officials in the special administrative region (SAR) announced today that a single omicron case has...
