Articles by Erik Gibbs
Sri Lanka has taken a step toward the legalization of online gambling with the cabinet's approval of a bill to establish a new regulatory authority. The proposed Gambling Regularization Authority will oversee various forms of gambling activities, including online operations, gambling aboard ships, and so-called offshore casinos located in the Colombo Port City development zone.
State lawmakers in South Carolina are currently weighing a controversial proposal that could pave the way for legal casino gaming in the state. Public feedback has been harsh, which could prevent the bill from advancing.
Maybank Securities suggests that any Thailand casino resorts could achieve the highest EBITDA margins in the Asian gaming market. The firm issued its report on Monday and provided a detailed look into the financial potential and timeline for the country's anticipated gaming industry developments.
The New Jersey Responsible Gambling Task Force is ready to advance gambling reform in the state following the release of new recommendations. These are aimed at strengthening protections for individuals vulnerable to gambling-related harm.
The Anti-Money Laundering Council of the Philippines has launched a comprehensive investigation into the online gambling sector. The assessment aims to identify potential risks and ensure that the country maintains robust defenses against illicit financial activities in an increasingly digitalized gambling environment.