S&P downgrades Genting to ‘negative’ on US, Singapore investments Summary S&P Global Ratings has revised Genting Group’s outlook to ‘negative’, citing heightened investment risk from major projects in New York and Singapore and moves to consolidate group assets. The downgrade follows Genting New York winning a full-scale downstate New York casino licence and Genting Singapore’s […]
UK broadcaster ITV to launch online casino offering Summary ITV is entering the online gaming market by expanding its ITV Win platform into a casino and bingo product, to be rebranded as ITV Win Bingo & Spins. The broadcaster has partnered with Gibraltar-based Richmond Atlantic to integrate the new functionality and appointed Gaming Innovation Group […]
At least four Cambodian casinos damaged by Thai bombing as border conflict moves towards Poipet Summary Thai forces say they bombed a logistics centre close to Poipet as clashes along the Thai–Cambodian border intensify. Cambodia reports at least four border casinos damaged and casualties on both sides as fighting moves towards the key casino town […]
Norsk Tipping appoints new chief executive Summary Norwegian state-owned gambling operator Norsk Tipping has named Trond Bentestuen as its new chief executive. He will succeed Vegar Strand, who has been acting CEO since Tonje Sagstuen’s departure. A start date for Bentestuen’s role has not yet been announced. Key Points Trond Bentestuen appointed as CEO of […]
No Legs, No Limits: Hari Budha Magar’s Everest Victory And The Mindset Behind It Article meta Article Date: 2025-12-18T18:25:51+00:00Source URL: https://chiefexecutive.net/no-legs-no-limits-hari-budha-magars-everest-victory-and-the-mindset-behind-it/Image: https://chiefexecutive.net/wp-content/uploads/2025/12/Everest.webp Summary Hari Budha Magar, a former British Army combat medic from rural Rolpa, Nepal, lost both legs above the knee after stepping on an IED in Afghanistan in 2010. After a long struggle […]
Brazil edges towards gradual gambling tax rise after Senate approves measure Date: 2025-12-18T11:28:55+00:00 | Author: Kyle Goldsmith Summary Brazil’s Senate has approved PLP 128/2025, a bill that phases a rise in betting taxation from 12% of GGR to 13% in 2026, 14% in 2027 and 15% in 2028. Half of the extra revenue is earmarked […]
Dubai is adopting a cautious, digital-first approach to gambling, future-proofing the industry | AGB Summary Dubai is taking a measured, regulation-first route to commercial gaming, prioritising digital channels to pilot and enforce controls before wider roll-out. Senior legal advisers say a digital-first approach lets regulators test compliance, encourage licensed platforms, and squeeze out grey- and […]
Dubai has adopted a cautious, digital-first approach to commercial gaming: Legal counsel | AGB Summary Senior legal counsel Sofia Linhares says Dubai and the wider UAE are shifting from a long-standing perception of blanket prohibition towards a tightly controlled commercial gaming regime beginning in 2026. The federal General Commercial Gaming Regulatory Authority (GCGRA) will lead […]
World Cup 2026: Product readiness, innovation and a data-driven focus at Kambi Summary Kambi’s SVP Trading, Simon Noy, outlines how the supplier is preparing operators for an expanded FIFA World Cup in 2026 — a 48-team tournament spanning 39 days and 104 matches. Kambi is leaning on AI-powered pricing, a global data network and advanced […]
UAE Opens Door to Regulated Online Betting Without Fanfare Summary The United Arab Emirates has, for the first time, authorised licensed online betting under a federal regulatory framework. Play971, operated by Abu Dhabi-based Coin Technology Projects LLC, began operating quietly this week as the country’s first approved internet gaming and sports-betting site for real money. […]
