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Casino
October 10, 2025
Gregorio Araneta Sells Majority Stake in PhilWeb
Gregorio Ma. Araneta III’s investment company, Gregorio Araneta Inc., has completed the sale of its controlling 57% share in PhilWeb Corp. The buyers, two local holding companies named Nexora Holdings, Inc. and Velora Holdings, Inc., paid a total of PHP 1.8 billion ($30.9 million) for the stake. This deal signals Araneta’s complete departure from the […]
Industry
October 10, 2025
New York Casino Board Starts Final Assessment of Four Downstate Proposals
The competition for New York‘s three downstate casino permits has reached its critical phase, as the state’s Gaming Facility Location Board conducted its first formal meeting this week to consider the final applications. The five-person group will assess four major bids competing for what many expect to become some of the most lucrative casino licenses […]
Casino
October 10, 2025
New Self-Assessment Tool Developed by the Malta Gaming Authority
The Malta Gaming Authority (MGA) has recently launched a new online self-assessment tool for gamblers. Available in both English and Maltese, it has been designed to give those with gambling tendencies the ability to assess their conditions. The free-to-use tool has been developed with the help of multiple organisations, including Sedqa, Caritas Malta, the OASI […]
Casino
October 10, 2025
Keeping a Promise: Springfield Wants Back $3M in Casino Funds
As reported by WWLP-TV, Springfield City Councilor Sean Curran is urging Governor Maura Healey to reinstate $3 million in casino mitigation funds that were cut from the state budget. The money, which comes from a $20 million pool meant for western Massachusetts communities, has long helped Springfield manage the costs of hosting Metro Center-based MGM […]
Casino
October 9, 2025
New York Nears Pivotal Moment in Downstate Casino Race
New York’s high-stakes casino competition is entering its final stage as the state’s Gaming Facility Location Board (GFLB) is almost ready to select up to three winners from four remaining contenders. The outcome, which is due to be revealed in December, will determine the future of downstate gaming, creating new job opportunities and attracting billions […]
Industry
October 9, 2025
The Alcohol and Gaming Commission of Ontario Fines theScore
theScore, one of the most prominent licensed sports betting operators, has been hit with a financial penalty by Ontario’s gambling regulator, the Alcohol and Gaming Commission of Ontario (AGCO). The fine is CAD 105,000 (around $75,300) was issued because of the case of a high-risk player who was allowed to gamble through CAD $2.5 million, […]
Casino
October 9, 2025
Jewellery Store in Cotai Exposed as Front for Gambling Cash Network
Macau law enforcement has exposed a jewelry store in Cotai that served as a cover for unlawful currency exchange and loansharking activities connected to gambling. The crackdown resulted in the capture of four people, including the store’s manager, two staff members, and a mainland Chinese individual suspected of enabling illegal loans. Macau Police Raid Reveals […]
Casino
October 9, 2025
Casino Tribes’ Donations Put Spotlight on Bonta’s Fantasy Sports Crackdown
People are taking a closer look at California Attorney General Rob Bonta after he got over $100,000 in campaign money from Native American tribes that run casinos. This happened just a few months before his office said daily fantasy sports (DFS) contests broke the law in California. California Tribes Back Bonta as He Labels Fantasy […]
Casino
October 9, 2025
Ex-Banker Jailed for Stealing $2.6M to Cover Gambling Debt
A Tokyo court has sentenced a former bank manager to nine years in prison after she was found guilty of stealing gold bars and cash worth nearly $2.6 million (SGD 3.36 million) from one of Japan’s largest financial institutions. An Attempt to Cover Gambling Debt Y.Y., 47, a former deputy branch manager at Mitsubishi UFJ […]
Casino
October 9, 2025
Gambler Sues Betfair to Recover £1.5M in Losses
British real estate investor Lee Gibson, who lost nearly GBP 1.5 million ($2 million) betting on soccer, is taking Betfair back to court, arguing that the gambling giant should have done more to stop him from spiraling into addiction. 30,000 Bets Over a Decade The 47-year-old buy-to-let property tycoon claims the company ignored clear signs […]
