2301 stories by Erik Gibbs
Camelot Gets Salt In Wound As Massive Fine Arrives Days After Losing Lottery Contract
Camelot recently learned that it will no longer operate the UK National Lottery. It will soon begin packing up its things, but not without first receiving a huge penalty from the UK Gambling Commission. It's bad enough that Camelot's future as the...
Star Entertainment Boss Couldn’t Handle the Truth About Money Laundering Failings
Australia's Star Entertainment Group continues to be the focus of attention over alleged breaches of anti-money-laundering (AML) policies and more. The casino operator's boss allegedly became aware of issues years ago, but apparently ignored the signs. "Wrong" and "unacceptable." These are the...
IGT Tapped to Provide Lottery Services for Singapore Pools
International Game Technology continues to seek out new lottery deals around the world. The latest is in Singapore, where it extends its ongoing relationship with lottery operator Singapore Pools. International Game Technology (IGT) is busy in a number of gaming verticals but...
Malaysian Casinos Could Go Crypto as Government Ponders Legalized Bitcoin
An effort is underway in Malaysia to possibly allow bitcoin and other cryptocurrencies to take their place alongside fiat as legal tender. If the initiative survives, it could be a great addition to the country's small casino market. It's a long shot...
Betting and Gaming Council Warns Against ‘Naïve Changes’ to UK Gambling Law
The Betting and Gaming Council is receptive to updated gambling laws in the UK, as the country closes in on its reform. However, the industry group warns that even "well-meaning" changes can have a negative impact. The BGC issued a statement today...
Denmark Lost Interest in Sports Betting as 2021 Came to a Close New Report Shows
Last week, Denmark's gambling regulator, Spillemyndigheden, issued a quarterly report for the final quarter of 2021. The country's gaming industry took a 3.9% year-on-year dip, with sports betting dropping the most. In Spillemyndigheden's update from last week, the regulator indicated that revenue...
German State of Thuringia Issues Online Casino Monopoly to Finance Ministry
The German state of Thuringia has fulfilled its mission. It wanted to have a monopoly on its online casino operations, which is official as of last week. After Germany revised its outdated gambling laws last year, there was a chance for federated...
Wakayama Backs Integrated Resort Plans as More Investors Confirmed
Wakayama's optimism in its ability to secure one of the first three integrated resort licenses in Japan is on the rise. The prefecture is now ready to advance its plans after receiving confirmation of investments. Last month, there was some doubt over...
Real Madrid Breaks Up with Russia-Based Sponsor Fonbet
Sports organizations continue to distance themselves from gaming operators in Russia. The latest is Spain's Real Madrid, which has canceled its sponsorship by sportsbook Fonbet. Real Madrid had the sponsorship agreement with Fonbet since January of last year. Fonbet is a sportsbook...
Planned Integrated Resort in South Korea’s Midan City Losing Ground
South Korea has several integrated resorts (IR) in various stages of development. All have had to alter their timetables for completion, and one, by R&F Korea, just received a 12-month extension. It has been a long, hard road for the expansion of...
