2301 stories by Erik Gibbs
England’s Chelsea Soccer Club Contemplates Parimatch Breakup
The push is on to drive a wedge between sports teams and gaming operators in the UK. The fallout might reach the British soccer ecosystem, including Chelsea FC. Ukraine recently shut off a number of gaming companies, including Parimatch, that reportedly have...
High Steaks: Thailand Busts Fake Cop in Plot to Sell Cows to Fund Gambling
Officials recently bused a man pretending to be a police officer in Thailand. The man traveled to various villages attempting to sell cows but ultimately used the money to gamble in Cambodia, never delivering the goods to the buyers. The 58-year-old fraudster,...
Cyprus Sees Sports Betting Revenue Increase, New Regulations Coming
The National Betting Authority (NBA), the Cypriot betting regulator, updated revenue for the sports betting segment last Friday. But on Monday, it told government officials that stricter controls are needed. Total gross gaming revenue (GGR) for 2022 reached €959.55 million (US$1.02 billion),...
Sports Betting Operator Parimatch Forced to Exit Home Country of Ukraine
Almost 30 years ago, global sports betting operator Parimatch began its journey in Kyiv, Ukraine. Now, it’s having to give up on its home country following an order from Ukrainian President Volodymyr Zelenskyy. Zelenskyy implemented the decision of the National Security and...
New South Wales Politicians Steadfast on Gambling Reforms Ahead of Elections
New South Wales (NSW), Australia, state elections are on March 25, with all 93 seats of the Legislative Assembly and half of those of the Legislative Council up for grabs. Gambling reform is coming, no matter the election results. Sitting Premier Dominic...
Filipino Lotteries Under Fire Following Recent Assassination
Local lotteries have been banned in the Philippines after a lottery vendor was murdered last month and other lottery vendors continue to face threats. On Monday, the mayor of Cotabato City, Bruce Matabalao, ordered the immediate halt of Small-Time Lotteries (STLs), according...
Australian Lottery Winner Almost Misses Out on $26M Prize
A man in Western Australia had an AU$40 million (US$26.32 million) lottery ticket in his pocket for over a week before he realized it was a winner. The man, identified only as a grandfather, purchased the ticket at a convenience store in...
Casino Malta Hit With Big Fine for Money Laundering, Financial Crimes
Eden Leisure Gaming, which operates Casino Malta, has been fined €233,000 (US$246,886) after the country’s Financial Intelligence Analysis Unit (FIAU) found the operator wasn't following anti-money laundering (AML) and due diligence rules. Allegations also include bribery and tax evasion, according to reports...
UK Culture Secretary Lucy Frazer Sees Gambling White Paper Arriving This Month
Gaming operators in the UK, are waiting on the government to present its gambling white paper. While there's still a chance for another delay in its release, UK Culture Secretary Lucy Frazer believes that it might arrive within the next three weeks....
William Hill Regulatory Failures in the UK Could Set a New Record for 888
Making a deal to purchase William Hill's non-US gambling assets from Caesars Entertainment might be a nightmare for new owner 888. The bookmaker, one of the largest companies of its kind in the world, is facing one of the largest fines in...
