2301 stories by Erik Gibbs
NagaCorp No Longer Interested in Russian Integrated Resort
NagaCorp has changed its mind about building an integrated resort in Russia. It had already begun construction of its development in the city of Vladivostok, but Russia's invasion of Ukraine is canceling those plans. Two years ago, NagaCorp was completely behind plans...
Crown Resorts Inquiry Ends, Western Australia Review Urges ‘No Sympathy’
Officials in Western Australia have concluded their review of Crown Resorts' business operations. They have delivered their results to the government, which will soon issue its verdict on the company's future. New South Wales was first, and then Victoria conducted an investigation...
Entain to Skip Paying Dividends in Favor of Business Expansion
Entain is coming off a successful 2021 that saw core earnings reach more than $1 billion. However, the company will use its success to fuel expansion, foregoing dividends for a second consecutive year. Entain's latest financial health report shows that its earnings...
Peru’s Casino Sector on the Mend as Authorities, Casino Groups Hash Out Plans
Peru is beginning to see the end of its fight with COVID-19. That's clearing a path for the country's casino industry to launch a return to pre-pandemic operations. As of this past Monday, all casinos, restaurants, and other businesses returned to full...
Aussie Rugby Teams Join New South Wales to Reject Sports Bet Sponsors
The New South Wales-led anti-sports betting initiative "Reclaim the Game," has added two more sports teams. Two National Rugby League teams have joined the growing campaign. The program targets the reduction of betting advertising and sponsorships in sports to the point that...
Vietnam Likely to Extend Pilot Program Allowing Locals to Visit Casinos
Vietnam's program to determine if locals can gamble at casinos responsibly may remain longer than previously thought. It was to remain in place until sometime this year, but might stay until 2024. For the past couple of years, Vietnam has been running...
Las Vegas Sands Shows Greater Interest in Social Gaming than Casinos
Las Vegas Sands is changing the way it does business. The casino operator is showing an increased interest in social gaming as it backs a new gaming company, Fortis. Tomorrow's Las Vegas Sands (LVS) won't be the company Sheldon Adelson founded and...
Bet365, Parimatch and Other Gaming Operators Exit Russian Market
Some gaming operators are doing what they can to show their disapproval of Russia's invasion of Ukraine. Bet365, Parimatch, and other gaming-related companies are shutting down operations in Russia, the largest CIS country. Gaming operator bet365 is pulling out of Russia, according...
Macau Says Casino Concession Extension Needed for Gambling Law Work
Macau's lawmakers have determined that they're going to need more time to figure out the nuts and bolts of the city's new gambling laws. As a result, officials have authorized an extension to existing casino concessions. Andrew W. Scott, the vice-chairman and...
Enjoy and Dreams Advance Plans for Latin American Gaming Company
Enjoy and Dreams, two casino operators with commanding positions in Latin America, agreed to merge last year. Their plan is still developing but moved closer to the finish line this week. Enjoy and Dreams are working on creating a behemoth casino company...
