GI News Archive

Monday, 30th March 2015
Greek operator OPAP has reported a net profit increase of 38.2% for the full year 2014. OPAP’s full year financial results were released today (Monday), showing that net profit was up to €195m from €141.1m...
Monday, 30th March 2015
A director of operator 666Bet has been arrested in connection with a £21m money laundering and fraud investigation. Paul Bell was arrested at Heathrow Airport last week along with six others as part of...
Friday, 27th March 2015
Macau chief executive Dr Fernando Chui Sai On has announced that the government will be taking a greater involvement in regulating the Macau gaming market. Chui was speaking at his annual policy address,...
Friday, 27th March 2015
Bidding has been officially opened for a casino licence in the Southern Tier region of New York. The New York Gaming Commission has approved a new Request for Applications (RFA) and operators have a July...
Thursday, 26th March 2015
888poker, the online poker brand of operator 888 Holdings, has announced it has signed a sponsorship agreement with the World Series of Poker (WSOP). Both the 2015 WSOP in Vegas and the 2015 WSOP Europe...
Thursday, 26th March 2015
Nevada and Delaware are in the soft-launch phase of sharing online poker liquidity. The agreement is the first interstate online poker deal to be implemented in the US, with the development confirmed to...
Thursday, 26th March 2015
Operator Mansion Group has announced Guy Gussarsky is to leave his position as CEO next week. Gussarsky, who has been in the position with the Gibraltar-licensed company since 2007, will be replaced by...
Tuesday, 24th March 2015
Payment processing provider Optimal Payments has announced it has entered discussions with digital payment company Skrill over a €1.1bn acquisition to allow Optimal Payments to challenge its competitor...
Tuesday, 24th March 2015
Operator 888 Holdings has announced its revenue increased 14% year-on-year in 2014. 888 released results which showed the annual total of $454.7m is up from 2013’s total of $400.5m, which is one of a number...
Monday, 23rd March 2015
The UK Gambling Commission (UKGC) has suspended the operating licence used by operator 666Bet. UKGC sent out a statement on Friday confirming that the licence held by Metro Play Limited, 666Bet’s online...
Monday, 23rd March 2015
A hearing on the Restoration of America’s Wire Act (RAWA) will be held on Wednesday, after initially being scheduled for 5 March. RAWA is a bill that would re-amend the 1961 Wire Act, which placed a prohibition...
Friday, 20th March 2015
Entertainment company Sky has announced the completion of the sale of a majority stake in its Sky Betting and Gaming (Sky Bet) online business to private equity firm CVC Capital Partners, having received...
Friday, 20th March 2015
Jim Mullen has been announced as the new chief executive of operator Ladbrokes on a £500,000 a year deal. Mullen, who is currently managing director of Ladbrokes Digital, will replace current CEO Richard...
Thursday, 19th March 2015
Casino revenue in Pennsylvania is up 3.7% to $247.12m year-on-year for February, according to the latest figures released by the Pennsylvania Gaming Control Board. Revenue from table games is up 11.84%...
Thursday, 19th March 2015
Online operator PokerStars is to sponsor the Asia Pacific Poker Tour (APPT) 2015 Nanjing Millions tournament in China, as part of its plans to promote its services to the Asian market. The event has a...
Wednesday, 18th March 2015
British chancellor George Osborne has announced that the government is to introduce a 'racing right' for UK operators. The right, known as a horserace betting authorisation, will be a charge that bookmakers...
Wednesday, 18th March 2015
Annual gambling industry sales increased for the ninth consecutive year in South Korea in 2014, figures released by the government have revealed. Total sales amounted to KRW19.87 trillion ($17.64bn), and...
Tuesday, 17th March 2015
Florida developer Glenn Straub remains determined to acquire Revel casino, despite having his $82m deal for the now closed casino rejected by a US bankruptcy court judge last week. Judge Gloria Burns heard...
Monday, 16th March 2015
The New Jersey gaming market suffered a 1.9% year-on-year gaming win decrease for current operators in February, figures released by the Division of Gaming Enforcement have revealed. Total gaming win for...
Monday, 16th March 2015
The Ritz Club sued a number of players last year, after a series of unpaid gambling debts impacted on its financial results in 2013. According to the Evening Standard, the London casino took High Court...
Friday, 13th March 2015
The Trump Taj Mahal will not be forced to close, after billionaire Carl Icahn had his bankruptcy restructuring plan approved by a federal judge on Thursday. US bankruptcy judge Kevin Gross said at a hearing...
Friday, 13th March 2015
The Campaign for Fairer Gambling (CfFG) has estimated that £7.8bn was staked on fixed odds betting terminals (FOBTs) in high street betting shops in the UK last year. According to CfFG’s data, a total...
Friday, 13th March 2015
Online operator PokerStars has been accused by the Italian financial police of a €300m tax fraud. Rome’s finance police, the Guardia di Finanza del Comando Provinciale di Roma, accused PokerStars of using...
Thursday, 12th March 2015
Provider Scientific Games has reported a 64% increase in yearly revenue to $1.79bn for 2014. Revenue is up from last year’s $1.09bn, while revenue for the fourth quarter of 2014 went up year-on-year from...
Wednesday, 11th March 2015
BwinParty confirmed today (Wednesday) that indicative offers had been made for the online operator from several groups that are interested in buying part or all of the company. Confirmation of the talks...
Wednesday, 11th March 2015
The Alderney Gambling Control Commission (AGCC) has moved to reduce the impact of the UK point-of-consumption (PoC) regime on its operators. As of 1 November 2014, online operators serving UK customers...
Tuesday, 10th March 2015
Provider GTech has reported a 52.5% year-on-year net income loss for 2014 along with a number of increases. Net income fell to €83.3m from the €175.4m posted for 2013. Revenues, which jumped 4.7% to €809.5m...
Monday, 9th March 2015
A second bill in as many weeks that would legalise online gambling in Pennsylvania was submitted last week. State Representative Nick Miccarelli’s House Bill 695 differs from Democratic Representative...
Friday, 6th March 2015
I-gaming operators in Ireland are bracing themselves for the introduction of new online gambling tax laws which are set to be implemented later this year. Irish finance minister Michael Noonan announced...
Friday, 6th March 2015
Casino revenue declined in Maryland in February, marking a third consecutive monthly drop. Figures released by the Maryland Lottery and Gaming Control Agency on Thursday show a generated total of $82.79m...
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