Putin: ‘Nyet’ to Casinos in Sochi

Investors are taking a bath on the more than $50 billion spent to prepare the Black Sea resort town of Sochi for the 2014 Winter Olympics. Some see casinos...

Published February 17, 2014

Codere Rejects Debt Deal

Spanish gaming and betting giant Codere has balked at a plan by creditors to take control of the company in exchange for reducing the company’s hefty debt load. The...

Published February 17, 2014

UK Betting Shops Under Fire

Local councils are renewing their push in the UK for powers to limit the proliferation of betting shops in town centers. The government appears to be getting behind the...

Published February 10, 2014

Smaller Is Better in Madrid

Madrid may no longer have EuroVegas, but it does have a couple of new gaming options. They’re tiny by EuroVegas standards, but they’re now the largest casinos in the...

Published February 10, 2014

Hill CEO Backs Curbs on High Street Bookies

With electronic table games spreading like mushrooms across British towns and cities, William Hill CEO Ralph Topping (l.) sees the political writing on the wall. The head of the...

Published February 3, 2014

Russia’s War on Illegal Gambling

Authorities in Russia have shut down tens of thousands of unlicensed gambling operations since a law went into effect four years ago banning the industry from the country’s major...

Published February 3, 2014

Dutch Court Says Poker a Game of Skill

Poker players and tournament organizers have won a major victory in the Netherlands with a ruling from a court in Amsterdam declaring the game to be a contest of...

Published February 3, 2014

Codere May Seek Shelter of Bankruptcy

With another loan payment coming due, Codere wants a better deal from bondholders and warns that it may file for creditor protection. The Spanish gaming giant is €1.1 billion...

Published January 27, 2014

Moscow Gambling Dens Raided

Police in Moscow have uncovered another network of illegal casinos and another high-ranking police officer was taken into custody. The city was hit with a major scandal two years...

Published January 27, 2014

UK’s FOBTs Safe for Now

Britain’s governing coalition defeated a bid by the Labor Party to force it to adopt limits on the spread of a controversial type of electronic casino-style table game in...

Published January 20, 2014

Russia Declares Amnesty for Gambling Ring

Charges have been dropped against six men accused of running an illegal gambling operation in and around Moscow. There were no regulations governing illegal gambling at the time of...

Published January 20, 2014

Disappointment in Manitoba iGaming Numbers

Competition and technical problems are dimming Manitoba’s hopes for its new online gaming network. A profit of C$1.5 million was expected in the first year, but was tracking at...

Published January 20, 2014

Labor Declares War on FOBTs

Britain’s Labor Party has joined the Liberal Democrats in calling for restrictions on the spread of electronic table games in betting shops. The move is turning up the political...

Published January 13, 2014

Codere Buys Time as Debt Mounts

Creditors have allowed Spanish gaming giant Codere to miss a loan payment as negotiations continue to fix the company’s finances and pay down more than €1 billion of debt....

Published January 13, 2014

Adelson Eyes Major Cities for Integrated Resorts

Just weeks after walking away from plans for an integrated resort in Madrid, Sheldon Adelson (l.) is back. The Las Vegas Sands chairman said he’s interested in building integrated...

Published January 6, 2014

Genting Building UK’s Biggest Casino

Resorts World Birmingham will be Britain’s largest casino when it opens in 2015. The £150 million complex will feature a hotel, retail, restaurants and convention facilities.

Published January 6, 2014

Medvedev: No Casinos in Sochi

Investors are expecting massive losses from the 2014 Winter Olympics in Sochi, and some are proposing casino gambling as a way to recoup them. There is talk that Prime...

Published January 6, 2014

Labor Vows to Rein In FOBTs

UK Labor Party leader Ed Miliband (l.) says his party will give local governments greater powers to ban or reduce the numbers of electronic table games in betting shops....

Published January 6, 2014

Ranks Talks Legalization in N. Ireland

The possibility of casino legalization in Northern Ireland is inching forward in the wake of talks between UK casino giant Rank Group and members of the province’s major political...

Published January 6, 2014