2301 stories by Erik Gibbs
UK Diocese Partly to Blame for Employee’s Gambling Habit, Investigation Suggests
Martin Sargeant received a five-year prison sentence for his elaborate scheme to defraud the London Diocesan Fund (LDF) of £5.2 million (US$6.3 million) over the course of a decade to feed his gambling habit. In response to the scandal, the church embarked...
Spanish Gaming Company Cirsa Launches Bond Sale to Raise $700M
Cirsa, the Spain-based gaming giant owned by Blackstone, has announced the launch of a bond issue worth €650 million (US$707 million). The exercise begins Wednesday, with the company looking to use the funds to pay down its outstanding debt. Cirsa explained that...
Ladbrokes Tweet Featuring Jake Paul KO’d by UK Ads Watchdog
A tweet produced by Ladbrokes and featuring internet celebrity Jake Paul didn't include a call to action (CTA), didn't entice anyone to place a bet, and didn't target anyone under 18. Despite the message meeting the requirements of the UK's Advertising Standards...
Blaze Frontman and Soccer Standout Neymar Creates ‘Environmental Catastrophe’
Neymar, the Brazilian soccer superstar and ambassador to online sportsbook Blaze, is in hot water for jumping into the water. As he might be preparing to leave French Ligue 1 club Paris Saint-Germain (PSG), Neymar is the center of a new legal...
Streaming Platform Kick Allows Users to Ban Gambling and Bikini Content
Gone are the days of passive content consumption, where users were at the mercy of algorithms and pre-determined recommendations on streaming platforms. Kick, the still-young rival looking to dethrone Twitch, now allows users to take control of their feeds, including blocking certain...
POGOs Banned By Another Philippine City Amid Crackdown
Philippine Offshore Gaming Operations (POGO) continue to run into trouble in the country amid allegations of widespread human trafficking and other crimes. The city of Pasig already banned them from operating there last year, and the city of Valenzuela has now followed...
Chinese Police Arrest More Than 90 in Gambling Gang Raid
China tries to keep almost all forms of gambling from taking place within its borders, even though it's an uphill battle. The latest example comes in the form of an illegal online gambling operation it shut down over the weekend. On Sunday,...
Brazil Takes Another Step Forward With Regulated Sports Betting Plans
Brazil is continuing to put together its sports betting regulations almost five years after lawmakers approved the activity. A new political regime that arrived at the beginning of 2023 is helping push the issue forward, and Congress will soon have more regulatory...
Germany’s Gaming Regulator to Get New Leader as of July 1
Germany's Fourth State Treaty on Gambling, which helped unify the country's diverse gambling laws, included a unique provision. It stated that the chair of the new gaming regulator could only serve for one year, and that year is up for Jörg Sibbel...
‘Pig Butchering’ and Gambling Scams in SE Asia on the Rise
A new report released this week by the US Institute of Peace (USIP) indicates that romance and illegal gambling scams operating out of areas like Myanmar in Southeast Asia may be getting worse. An "unholy alliance" between the Border Guard Force (BGF)...
