2301 stories by Erik Gibbs
Betting Debt May Be Behind Assassination of Colombian Soccer Club President
Unidentified assailants murdered Edgar Paez after the Colombian soccer team Tigres FC suffered its latest defeat this past Saturday. Although the motive is still unclear, some believe the hit may have resulted from outstanding sports betting debt. Paez was murdered Saturday after...
UK Government Data Mistakes Forces Changes to Gambling Reform Discussions
The UK government released its long-overdue gambling white paper recently, but officials are now saying that the paper and the UK Gambling Commission (UKGC) mistakenly presented key data figures about problem gambling rates. One of the long-running barometers used to gauge the...
Danish Sports Bettors Must Present ID Cards When Placing Bets Under New Law
In a press release on Monday, the Ministry of Taxation confirmed that sports bettors in Denmark will be required to identify themselves each time they place a bet. The plan has been in the works for nearly a decade. Each player will have...
Mexican Company Considering Purchase of Casino Operator Enjoy
The failed attempt between casino operators Enjoy and Dreams to merge their operations in Chile has left Enjoy trying to figure out what comes next. The deal was called off amid allegations of market manipulation. But a company out of Mexico might...
Guyana’s Ramada Hotel Casino Damaged by Fire Over Weekend
A fire at the Ramada Hotel & Casino in Guyana over the weekend caused considerable damage. The hotel was reportedly filled to capacity at the time. Only minor injuries were reported; however, some guests were trapped while the fire broke out. The...
Chinese Gambling Boss Reported Behind Singapore Money Laundering Ring
One of the masterminds behind the recent money laundering scandal in Singapore reportedly has an extensive history in the gambling space. Wang Bingang is a Chinese national and an illegal gambling entrepreneur who is now trying to avoid capture for his alleged...
Thai Police Question Police Chief Allegedly Tied to Illegal Online Gambling
Police in Thailand from the Cyber Crime Investigation Bureau (CCIB) arrested Deputy National Police Chief Surachate Hakparn in Bangkok late on Monday. The operation is tied to Surachate's suspected involvement in illicit online gambling activities. Upon the police's arrival, Surachate purportedly denied...
Sweden Wants Online Gaming Operators To Pay More Taxes
Sweden's Finance Ministry has presented a new budget for the upcoming fiscal year, throwing a curve ball at the country's online gambling operators. With no previous conversation, it included a tax rate increase that would lead to a considerable impact on revenues....
Singapore Banks Eye Chinese Clients as Money Laundering Investigation Grows
In August, authorities in Singapore began dismantling a money laundering ring with ties to illegal gambling. As the case unfolded, they seized SGD1 billion (US$740.4 million). But each day uncovers an even larger network, with more Chinese nationals coming under fire. The...
Spain’s Gambling Market Revenue Continues to Reach New Heights
Spain's gaming industry has enjoyed several periods of strong growth, and the second quarter of 2023 was no different. Casinos and sportsbooks are welcoming more customers, and Q2 was one of the best for the sector since the COVID-19 pandemic. Gross gaming...
