2301 stories by Erik Gibbs
South Korea’s Foreigner-Only Casinos See Mixed Performances in October
One of South Korea's foreigner-only casino operators, Paradise Co, saw 125% higher revenue in October. However, their other venue, Grand Korea Leisure, saw a substantial drop in sales. Paradise Co's latest financial statement shows the company earned KRW21.35 billion (US $18.03 million)...
Wakayama, Japan Schedules Public Meetings to Discuss IR Progress
Japanese residents will soon hear details of the planned integrated report (IG). Between Nov. 25 and Dec. 4, 14 locations will offer public briefings. The new project is planned for Marina City, located on the perimeter of Wakayama. Mariana City will hold...
Paysafe Completes Acquisition of Germany’s viafintech
Paysafe Group is ready to take over the world of online payments for the gaming industry. It already has a strong presence in several markets, and now it's completed the acquisition of another. In August, Paysafe announced that it would bring viafintech,...
Denmark’s Better Collective to Roll Out Gamalyze Across Sports Betting Brands
A new tool to fight problem gambling, Gamalyze, has been launched by Better Collective, a global sport betting media group with headquarters in Copenhagen. Gamalyze acts as a self-evaluation aid through the use of a virtual card game. It works through "neuro-scientific...
Crown Resorts Founder James Packer Admits to ‘Numerous Failings’
Crown Resorts founder James Packer recently admitted to "many oversights" during the time he ran the casino company. This was a result, in part, of not complying with the requirements because of missing four years of board meetings. Last Friday, Packer testified...
LeoVegas Fined for Running Afoul of Denmark’s Gaming Regulator
LeoVegas has been charged with a lack of compliance in Denmark because of diligence issues and anti-money laundering (AML) requirements. The Danish Gambling Authority, Spillemyndigheden, carried out a detailed examination of some 20 LeoVegas players in the country. The regulator found that...
Macau Electronic Table Games Must Add Clock Warnings, Regulators Confirm
Macau casinos will soon have a new law. By the end of 2024, electronic table games (ETGs) screens, just like slot machines, must have clocks that warn players about time spent playing on the devices. All electronic gaming devices in Macau's casinos...
UK’s GambleAware Initiative On Treatment Service Proving Successful
GambleAware, the British problem gambling charity, has reached a record in the engagement of high-risk male gamblers. New data shows that the company has reached a 74% engagement rate in August for high-risk gamblers. Last January, GambleAware launched a new $4.2m training...
