Ukraine Loses Out to Illegal Gaming

Illegal gambling is flourishing in the Ukraine, and the big loser is the government, according to a report. The gambling halls reportedly are operating with impunity out of lottery...

Published November 5, 2018

Sochi Casino OK’d, Azov City Zone to Close

Three years after declaring that Russia’s Azov City casino zone would close with all three of its casinos (l.), the government has made good on that pledge. The zone...

Published November 5, 2018

Rank Group Reports Earnings Decline

UK casino operator The Rank Group reported a decline in earnings at its Grosvenor Casinos chain in in the 16 weeks to October 14. Officials for the group blamed...

Published October 27, 2018

William Hill Sells UK Racetrack Pitches

UK Bookmaker William Hill has sold 82 racetrack pitches—trackside betting stalls—and focus on its larger racetrack betting shops. The bookmaker sold the to the owner of leading racetrack operator...

Published October 27, 2018

New UK Gambling Rules Take Effect

New Rules from the UK Gambling Commission will go into effect at the end of October. The rules are designed to bring gambling operators into better compliance with UK...

Published October 27, 2018

Tigre COO Wants Competition

Stylianos Tsifetakis (l.), chief operating officer of Summit Ascent Holdings’ Russia unit, reports an increase in visitation and revenues at Tigre de Cristal, but says a “cluster” effect with...

Published October 27, 2018

U.S. Operators Eye Elliniko

Three major U.S.-based gaming firms are still in the running for a license to offer gaming at the former Athens airport, Elliniko (l.). Caesars Entertainment, Hard Rock International and...

Published October 27, 2018

Paddy Power Betfair fined £2.2 Million by UK GamblingCommission

Paddy Power Betfair has been fined £2.2 million by the UK Gambling Commission for social responsibility and money laundering failures. The commission found the company failed to protect its...

Published October 22, 2018

Spanish Budget Restricts Gambling Ads

Advertising for licensed gambling will be significantly restricted in Spain's 2019 budget. The "socially progressive budget" will "treat betting like tobacco" with stronger guidelines aimed at protecting minors and...

Published October 22, 2018

Albania Will Relocate Casinos

The government of Albania has announced it will relocate all casinos and betting shops out of residential neighborhoods and into the outskirts of cities, particularly in the capital of...

Published October 15, 2018

Ireland Expected to Double Gaming Tax

The government of Ireland is poised to double its gaming tax. The Irish Bookmakers Association is predicting massive shutdowns by businesses that have a very small profit margin. Finance...

Published October 15, 2018

Pharma Company Could Buy Into Casino

Easton Pharmaceuticals is on the short list to acquire an interest in a casino hotel on Greece’s Gulf of Corinth. The Club Hotel Casino Loutraki includes 275 rooms and...

Published October 8, 2018

UK Labor Party Promises Ban on Betting Ads, Bets by CreditCards

The UK Labor Party’s Tom Watson is calling for a ban on gambling ads during sports broadcasts, another ban on betting with credit cards and a mandatory levy on...

Published October 8, 2018

888 Holdings Reports Revenue Decline in UK

Online gambling group 888 Holdings has posted its 2018 interim results through June 30 and reported a decline in its UK revenue performance. The group reported an 18 percent...

Published October 8, 2018

UK Gambling Commission Revises Consumer ComplaintsCode

The UK Gambling Commission has published new standards and guidance for gambling sites on dealing with consumer complaints. The commission expects to formalize the new code by the end...

Published October 8, 2018

In Spain, Problem Gambling Is Officially ‘Drug Addiction’

The government is launching a nationwide program to combat substance abuse that includes a reclassification of problem gambling as “drug addiction.” The change is intended to afford people whose...

Published October 8, 2018

Armenia OKs Stricter Gaming Regs

Published October 8, 2018

Cyprus Satellites Coming This Year

Hong Kong-listed casino developer Melco International Development Ltd. has announced that it will open three satellite casinos in Cyprus this year. The satellites will be based in Nicosia, Larnaca...

Published October 1, 2018

Tenerife Casinos for Sale

The three casinos on Tenerife, the largest of Spain’s Canary Islands,, including the Casino de Tenerife (l.), will be sold and privatized under a new public tender. The trio...

Published October 1, 2018

Galicia Approves Vigo Casino

The government of Galicia in Spain has approved a casino in the port city of Vigo. The casino, to be based in a local shopping center, will “provide a...

Published October 1, 2018