2301 stories by Erik Gibbs
Imperial Pacific Int’l in Default Again Over Imperial Palace Casino in Saipan
Saipan’s exclusive but failed casino operator Imperial Pacific International (IPI) has assured the government and the court system that it’s now capable of handling its affairs responsibly. The courts don’t see it that way, once again finding it in default on one...
FIFA World Cup: Spain Obliterates Costa Rica, But Watch Out For Brazil
Japan's victory over Germany and Saudi Arabia's win over Argentina in the FIFA World Cup over the past couple of days were huge upsets. No one was surprised when Spain shut out Costa Rica yesterday, and Brazil is ready to do the...
Gambler Steals $280K From Victims in Austria Through Insurance Scams
A minor report to the Police Inspectorate in Saalfelden, Austria, has uncovered a major scam. A 45-year-old from Burgenland reportedly cheated Hungarian workers out of hundreds of thousands of dollars in order to feed his gambling and cryptocurrency purchasing habits. In January...
FIFA World Cup: Argentina, Germany Fall Short Of Expectations
The FIFA World Cup continues to deliver all the action soccer fans wanted, and more. There's drama on and off the field, and two surprise losses are definitely making waves. On Tuesday, Argentina took a huge upset loss against Saudi Arabia. Then...
Kindred, Other Gaming Operators To Pay Fines of More Than $1M in Sweden
The Swedish Gaming Authority, Spelinspektionen, said a few months ago that it was going to take a relaxed approach to online gaming. But it still expects operators to follow certain rules. Notably, adherence to anti-money-laundering procedures is a must, and the regulator...
Thai Lottery Winner Loses It All After Partner Runs Away With the Money and Her Lover
Winning the lottery sounds like a great idea for most. But for one winner in Thailand, it flipped his life upside down. His partner ran off with the money, her lover in tow. Media outlet Thaiger reported that "Manit" won the first...
Paraguay Gaming Operators Claim Money Laundering is Due to Regulations
Gaming operators in Paraguay claim they would like nothing more than to help the country prevent money laundering. However, they contend current financial and gaming regulations stop them. Gaming industry groups got together yesterday for their Fifth Conversation on Gambling reunion. Among...
New Philippines Casino Resort Coming to Former Manila Jockey Club Track
Megaworld Corp has mega-big plans for the Philippines. The property developer already has a number of properties in the country, but is now eyeing a new integrated resort (IR) in Manila that will add another casino to the city. Megaworld announced this...
YouGov Study Shows ‘Nanny State’ Gambling Control Strengthens Black Market Gaming
Previous studies have hinted at the negative effects too much regulation can have on the gaming industry. New research supports those earlier findings, indicating that "nanny state" control will only lead to a rise in black market gambling. The Betting and Gaming...
Sports Betting Legislation Takes a Step Forward in São Paulo, Brazil
The mayor of São Paulo, Brazil, Ricardo Nunes, wants to turn the city into an investment hub for the installation of betting and fantasy gaming companies. To help his cause, a bill that will cap the tax on gaming operators is in...
