2303 stories by Erik Gibbs
888 Holdings Sees Revenue Increase, Still Faces Difficulties
Gaming operator 888 Holdings has had a rough time since it bought William Hill's non-US assets, with revenue not meeting expectations. That trend will likely continue, according to a new update, although the company sees improvements on the horizon. The latest financial...
Philippines Casino Privatization With PAGCOR Takes Step Forward
Efforts by lawmakers in the Philippines to cut the Philippine Amusement and Gaming Corporation (PAGCOR) in half are working. A definitive plan has begun to strip PAGCOR of its state-run casinos and allow it to operate solely as a gaming regulator. The...
Brazil’s New Gambling Watchdog to Include Salaried Police Officers
In the wake of the match-fixing scandal that's still permeating Brazil's sports ecosystem, along with the arrival of regulated sports betting, changes are coming. One includes the creation of a new government watchdog to oversee gambling that will have federal police officers...
Cambodia Makes Progress Fighting Illegal Casinos, Human Trafficking
The presence of illegal casinos and online gambling operators in Cambodia has been directly linked to an increase in crime in the country, including human trafficking and torture. Following global public outcry, the country promised to crack down on the illegal operations,...
Thai Police Officers Busted for Ignoring Illegal Casino
Not only does Thailand have to contend with people walking around as fake cops to steal money for gambling, but it also has to deal with real cops turning a blind eye to illegal casinos in front of them. In an effort...
Brazil’s iGaming Market Shows Women Love to Gamble Online – Study
Several studies over the years have shown that female participation in gambling and sports betting is on the rise. It's been a slow climb in most regions. But Brazil is raising the bar, with a new study showing significantly more women gambling...
Spanish Poker Player’s Yacht Goes Up in Flames With 17 on Board
A yacht that, according to local sources, belongs to Spanish poker player Diego Gomez Gonzalez, met a tragic fate on Saturday. It caught fire and subsequently sank off the Spanish island of Formentera. The incident unfolded as a distress call was made...
Entain Allocates $744M for Potential Bribery Settlement in UK as Revenue Increases
Entain, the global gaming giant and BetMGM partner, announced Thursday that it's prepared to take a hit on charges of bribery related to its former dealings in Turkey. In anticipation of a settlement with the UK tax authority, HMRC, it has set...
Casinos in Puerto Rico Will Suffer When ‘Curfew’ Arrives in Capital
There's a consensus among merchants and casinos in Puerto Rico that the U.S. territory has to reduce crime. But they have conflicting opinions about whether San Juan’s new Public Order Code (POC) will tackle the problem of violence that exists in the...
Online Gaming Operators in Ukraine to Pay More Taxes on Revenue
It's going to be a little more expensive for legitimate online gaming operators in Ukraine to do business. The Verkhovna Rada, the country's parliament, has reintroduced an 18% turnover tax for online casino operators. Danylo Hetmantsev, head of the Rada Committee on...
