The boards of GVC and BwinParty have reached an agreement on the terms of GVC’s £1.11bn offer for the operator. Online gaming group GVC is set to acquire the entire…
The ruling coalition of the Czech Republic has agreed to alter planned tax increases on the betting industry, report Reuters. An agreement was reached on Monday between leaders of the…
Macau’s gross gaming revenue has continued to struggle, decreasing 36% year-on-year from 28.9bn patacas to 18.6bn patacas for the month of August. The development marks the 15th straight month of…
The Dutch gaming regulator Kansspelautoriteit (KSA) has revealed growth of 7.6% for the nation’s online gambling market. The figures released in a market report by the KSA value the Dutch…
Penn National Gaming has received final approval from the Nevada Gaming Commission to complete its planned $360m acquisition of Tropicana Las Vegas. A definitive agreement on Penn’s acquisition of the…
The Gala Coral Group has recorded a 37% increase in online net revenue in its third quarter results, rising year-on-year from £46.5m to £63.6m. The operator’s year-to-date online net revenue…
UK football pools operator and technology supplier Sportech has confirmed it has received a takeover bid from Canadian provider Contagious Gaming. Sportech released a statement in "response to recent press…
James Packer has left his role as chairman of Australian operator Crown Resorts, to be replaced by former Deutsche Bank executive Robert Rankin. Packer is to stay on in an…
Supplier IGT has reported a net loss of $116.9m for the second quarter of 2015, compared to net income of $55m for the same period last year. The results translate…
Ladbrokes has recorded a 32% year-on-year decrease in group operating profit for the first six months of 2015, from £56.8m to £38.9m. The UK operator’s H1 pre-tax profit also dropped…