Areas of Expertise
2301 stories by Erik Gibbs
Ladbrokes Collects $140m in COVID-19 Relief Funds as Profits Rise
Ladbrokes hasn't taken a major financial hit from the COVID-19 pandemic. However, this hasn't stopped the betting operator from accepting huge contributions from the UK's relief fund. In spite of the endless COVID-19 problems plaguing the world, the online gaming segment has...
Crypto Site ‘Stake’ Advances UK Sports Betting Presence with Swindon Town FC
Cryptocurrency casino and sports betting site Stake.com is ready to tackle sports betting in the UK. The company is expanding its marketing presence through a partnership with soccer club Swindon Town FC in order to gain traction. Stake.com, a separate entity from...
Dutch Gaming Regulator Kansspelautoriteit Head Hints at More Regulations
Gaming operators in the Netherlands should be prepared for more changes to the industry. The head of the country's gambling regulator expects 2022 to pick up where things left off last year. The Netherlands has a gaming industry that has been met...
South Korea Casino Operators Continue to See Mixed Results
The global casino market continues struggling as it tries to fight off COVID-19. This is especially true of South Korea's market, although there was one development that improved in 2021. Casinos in South Korea have seen their ups and downs as a...
Playtech Gives JKO More Time to Make Binding Purchase Bid
Former Formula 1 team leader Eddie Jordan has been given a little breathing room. His attempt to purchase gaming company Playtech through JKO Play Ltd. will be allowed more time to submit a bid. Playtech expected JKO, the company created by Jordan,...
Maltese Woman Admits She Scammed Lotto Booth Boss to Go Gambling
A Maltese woman appeared before a judge this week, accused of pilfering from her employer. She allegedly embezzled almost €7,000 (US$7,930) to feed her gambling habit. Joanne Borg allegedly couldn't help herself. The 33-year-old was working at a lotto booth. She allegedly...
Macau May Become Proving Ground for China’s Digital Yuan
The year 2022 is going to bring about a number of changes to Macau's gambling industry. One of the most notable could be the inclusion of China's central bank digital currency (CBDC), the digital yuan. The new year is going to bring...
New Zealand Casino Operator SkyCity Rings in the New Year with a Workers Strike
SkyCity Hamilton in New Zealand greeted 2022 with a departure of its employees. Workers at the casino launched a strike on December 31 in a bid to find pay equality. SkyCity Hamilton employees made history this year. They became the first to...
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...