2301 stories by Erik Gibbs
Tabcorp Fined $1M Three Years After Spring Racing Carnival Debacle
It took almost three years, but the Victorian Gambling and Casino Control Commission (VGCCC) of Victoria, Australia, is finally going after Tabcorp. The gambling and betting operator is going to pay more than $1 million for an incident that happened in 2020....
Music Mogul Jay-Z Planning Charity Blackjack Tournament in Atlantic City
Jay-Z, the music mogul and casino owner hopeful, is putting together a friendly game of blackjack for a few friends. Given the high-style crowd he runs with, none should have a problem putting up the $100,000 buy-in the game expects. The tournament,...
Finland’s Veikkaus Gaming Monopoly Facing Mass Layoffs
Finland's Veikkaus gaming monopoly recently reported revenue of €519.3 million ($564.3 million) for the first half of the year, a 1% year-on-year increase. The improvement doesn't come as good news for employees, though, as 240 – about one quarter – of the...
Codere Launches New Poker Initiative in Mexico
The Spain-based gaming operator Codere, has inaugurated its first dedicated poker room in the country and has plans to introduce many more. Codere launched its first poker room in Mexico City, the country's capital, last week, at the Codere Meneo casino. It...
Gaming Operator In Touch Games Loses UK Gaming License
The UK Gambling Commission (UKGC) recently suspended the UK gaming license for In Touch Games Limited (ITG). The operator, which manages several online gaming platforms, failed to adhere to anti-money laundering (AML) and other regulations for several years. The UKGC has raised...
Spain Looks to Introduce New Online Gaming Deposit Limits
The online gaming market in Spain will face new restrictions if proposed regulations survive scrutiny and industry feedback. Although the Spanish gambling sector has a relatively low “problem gambling” risk, this hasn’t stopped the Ministry of Consumer Affairs (MCA) from looking at...
Online Gaming Platform Stake.com Loses $40M in Hack
Stake.com, the cryptocurrency sports betting and casino gaming platform where the rapper Drake routinely drops million-dollar bets, has become the target of a million-dollar heist. It is the latest victim of hackers that resulted in the loss of over $41 million in...
SkyCity Entertainment Faces Casino License Suspension in New Zealand
SkyCity Entertainment patrons in New Zealand may soon have to find another source of entertainment for a few days. The country's Department of Internal Affairs (DIA) wants the New Zealand Gambling Commission to approve the temporary closure of three SkyCity casinos in...
Money-Laundering Bust in Singapore Finds Ties to China
The recent bust of a money-laundering gang in Singapore that resulted in the arrest of 10 people has turned into an international affair. The group was laundering funds tied to illegal online gambling. Ongoing investigations have determined that it has strong ties...
Gambling Content Helps Kick Close the Gap in Race With Twitch
Although Twitch still dominates in the streaming sector by a huge margin, the competition to take down the Amazon giant is heating up. As the streaming wars continue, rival Kick is gaining ground, in part thanks to its support of gambling content....
