Galaxy Buys into Monaco

As the slump in Macau drags on, Galaxy Entertainment Group Ltd.—the Chinese territory’s most profitable gaming operator—is buying a piece of a Monaco resort operator, Societe des Bains de...

Published August 3, 2015

UK ‘Supercasino’ Scrapped

Plans for a £32 million (US$49.8 million) “supercasino” in Middlesbrough, North Yorkshire in the UK are unlikely to proceed, according to the English city’s mayor. But city council members...

Published August 3, 2015

Ladbrokes and Gala Coral About to Merge

A multi-billion merger of Ladbrokes and Gala Coral is imminent, according to reports with former HBOS chief Andy Hornby set to be named COO of the new Ladbrokes Coral...

Published July 27, 2015

UK Government Rejects FOBT Limits

Calls from councils throughout England and Wales were unheeded by the UK government, which has rejected a plan that would reduce maximum stakes on fixed-odds betting machines from £100...

Published July 27, 2015

British Affluent Most Likely to Gamble

The most affluent members of U.K. society are now the largest group of gamblers, according to a report from the U.K.’s Gambling Commission. This group includes doctors, corporate executives...

Published July 27, 2015

Did Mafia Launder Billions in Italy?

Law enforcement in Italy has seized assets worth €2 billion (US$2.2 billion) in raids on gambling operations. Betting shops, gaming websites and other firms are alleged to have laundered...

Published July 27, 2015

Svenska Spel: Swedish Market ‘Uncontrolled’

The CEO of Swedish state-owned lottery Svenska Spel followed the announcement of year-on-year revenue losses with a statement that he is concerned about “uncontrolled” development in the sector.

Published July 27, 2015

Cyprus Casino Approved

The Cyprus parliament has passed legislation approving the Mediterranean island’s first casino resort. Lawmakers voted 29-22 in favor of the law, which they hope will stoke the regional economy....

Published July 20, 2015

Anti-FOBT Law No Priority?

A proposed law that would reduce the stakes on fixed-odds betting terminals (l.) may not be considered by the UK parliament any time soon, according to reports. FOBTs have...

Published July 20, 2015

Rank Loses £30M VAT Appeal

The UK Supreme Court has tossed out a claim by gaming operator the Rank Group that it overpaid millions of pounds in value added taxes to the government between...

Published July 20, 2015

EU Court to Rule on POC Tax

The legality of the UK’s point of consumption tax has been called into question and will be referred to the European Court of Justice. The tax is imposed on...

Published July 20, 2015

FOBTs Are Biggest Moneymakers

No wonder U.K. bookmakers are defending their right to offer fixed-odds betting terminals. According to the country’s Gambling Commission, FOBTs make more money than all other forms of betting...

Published July 13, 2015

UK Casino to Close

A chain casino in Portsmouth, U.K., will close for good in August. The closure of the Grosvenor Casino in Southsea, owned by the Rank Group, will put about 50...

Published July 6, 2015

Big Plans for U.K. Casino

A so-called “super-casino” is planned for West Yorkshire in the United Kingdom. Global Gaming Ventures of London is behind the plan for a 50,000-square-foot gaming hall that will employ...

Published July 6, 2015

Brits Eyeing Macau Sector

Frances Moffett-Kouadio, head of British trade and investment in Macau and Hong Kong, says U.K.-based companies are looking into opportunities in the leisure and entertainment sector in Macau.

Published July 6, 2015

German State Pressured to Reform Sports Betting

The Hesse Ministry of Interior and Sports in Germany is under pressure to restructure and reform its online sports betting framework, according to reports. The ministry’s foot-dragging on the...

Published July 6, 2015

High Roller Self-Excludes After Big Loss

The Ritz Club, a London casino, has told a High Court in the U.K. that it was not responsible for £2 million (US$3.1 million) in gambling losses incurred by...

Published July 6, 2015

Ladbrokes, Gala Coral Mull Merger

Ladbrokes executives headed by new CEO Jim Mullen (l.) are contemplating a £3.5 billion merger with Gala Coral that would create Britain’s largest bookmaker. But Ladbrokes may have to...

Published June 29 2015

France Rejects Paris Casinos

The French government has rejected a proposal that would bring casinos to Paris. Instead, lawmakers hope to replace the city’s renegade cercles de jeux, or private gambling halls, with...

Published June 22, 2015

FIFA Scandal Spurs Calls for Tighter Controls

In response to the recent FIFA corruption scandal, the betting industry watchdog group ESSA has joined a call from the European Parliament to protect sports wagers from corruption and...

Published June 22, 2015