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Gambling News Archive

Thursday, 21st February 2019
Scientific Games has reported a 9% increase in full-year revenue, to $3.36bn, during 2018. However, the supplier’s net loss grew 45% during the period, to $352.4m. This is explained by costs including...
Thursday, 21st February 2019
Gambling Insider caught up with Playtech CEO Mor Weizer following the announcement of the company's 2018 full-year financial results. The supplier's revenue increased 54% to €1.24bn ($1.4bn),...
Thursday, 21st February 2019
As it seeks to expand its understanding of the issue, the Gambling Commission will be requesting information from gambling operators and financial institutions on credit card gambling in Great Britain. In...
Thursday, 21st February 2019
North Dakota’s House of Representatives has passed legislation to approve sports betting, hours after deciding to reject it. The proposed bill originally fell two votes short of the 48 needed but...
Thursday, 21st February 2019
A tailored, new experience has hit the gambling industry. Pros provide their tips to punters who can match or lay their tips all through one platform. These so called “Bet Requests” are fed...
Thursday, 21st February 2019
Playtech has reported a 54% growth in full-year revenue to €1.24bn ($1.4bn) during 2018. The supplier was able to offset decline in Asia through the acquisition of Italian firm Snaitech, while adjusted...
Wednesday, 20th February 2019
When Gaming in Holland founder Willem van Oort spoke to Gambling Insider in October, he described Dutch gaming law as being in a state of "mild chaos." So you can imagine his surprise when the Dutch Senate...
Wednesday, 20th February 2019
Kentucky lawmakers have taken the first step towards legalising sports betting, approving House Bill 175. The bill was approved on Wednesday by a legislative committee and would ultimately make it legal...
Wednesday, 20th February 2019
Caesars Entertainment has responded to Carl Icahn’s request to represent the company on the board, following his filing on the Securities and Exchange Commission. Activist investor Icahn confirmed...
Wednesday, 20th February 2019
The DC Council has awarded exclusive rights for mobile sports betting to Intralot in Washington DC. A majority vote passed Bill 23-25, despite three Council members expressing their concern. Intralot...
Wednesday, 20th February 2019
Crown Resorts has reported normalised earnings of AU$194.1m ($138.9m), a rise of 1% year-on-year, in its half-year report ending 31 December 2018. The operator announced normalised EBITDA of AU$418.8m...
Wednesday, 20th February 2019
Activist investor Carl Icahn has confirmed the purchase of a 10% stake in Caesars Entertainment. It was reported last Saturday the billionaire had acquired shares in the operator, with Tilman Fertitta...
Tuesday, 19th February 2019
The Dutch Senate has approved the Remote Gaming Bill, two and a half years after the bill was passed in the House of Representatives. The legislation will regulate online gaming, currently illegal in...
Tuesday, 19th February 2019
Better Collective grew its revenue by 54% to €40.5m ($45.8m) in 2018, in line with company expectations. EBITA before special items increased 47% to €16m; special items, IPO and M & A cost...
Tuesday, 19th February 2019
Operator 888 has acquired a portfolio of Jet’s digital bingo brands to strengthen its position within the UK online bingo market. For a fee of £18m ($23.3m), 888 has purchased several brands...
Tuesday, 19th February 2019
The week before ICE London 2019, Colossus Bets broke the news it had been issued with a totalisator license by the Oregon Racing Commission. Gambling Insider was to find out at the event itself this was...
Monday, 18th February 2019
The Bureau of Internal Revenue (BIR) says Philippine offshore gaming operators must register with the department before starting their business, according to the Manila Bulletin. The BIR has also requested...
Monday, 18th February 2019
Gambling Insider spoke exclusively with Blueprint Gaming Managing Director, Matt Cole, at ICE London, discussing the company’s recent acquisition of Project and its ambitions for 2019. Why is ICE...
Monday, 18th February 2019
Dutch senators will vote on whether to allow online gambling within the Netherlands on Tuesday, leading to a surge of interest from hundreds of companies. The vote was originally meant to take place last...
Monday, 18th February 2019
The New Jersey Division of Gaming Enforcement (DGE) has granted NetEnt a permanent Casino Service Industry Enterprise license. Since 2015, NetEnt has been providing games in New Jersey under a transactional...
Friday, 15th February 2019
Delaware saw $7.4m in online gaming handle during January, generating $279,000 in revenue. The figures show a considerable year-on-year increase from January 2018, when a total of $4.5m was wagered, leading...
Friday, 15th February 2019
Police in Malaysia have arrested 1,035 individuals for illegal gambling during the Chinese New Year period, according to local online newspaper, The Star. The Senior Assistant Commissioner of the Bukit...
Friday, 15th February 2019
The Department of Justice (DoJ) is facing opposition from the New Jersey Senate over its recent reinterpretation of the Federal Wire Act. In January, the DoJ reversed its September 2011 opinion, which...
Friday, 15th February 2019
UK bookmakers have opted to trial the new £2 ($2.56) stake limit for fixed-odds betting terminals (FOBT) in betting shops across Birmingham next month, in preparation for the upcoming law change...
Thursday, 14th February 2019
Evolution Gaming increased its operating revenues by 38% to €245.4m ($287.5m) in 2018. Rising to €107.7m, EBITDA grew by 34% for the supplier, with profit for the period amounting to €83.5m...
Thursday, 14th February 2019
Sports betting in New Jersey enjoyed its most active month to date in January, with $385.2m wagered during the first month of 2019. The New Jersey Division of Gaming Enforcement has released its financial...
Thursday, 14th February 2019
Financial Report MGM Resorts International saw its consolidated net revenues grow by 9% in 2018, to $11.8bn. However, Las Vegas Strip resorts net revenues decreased 1%, while regional operations net...
Thursday, 14th February 2019
Following Betsson’s announcement 2018 group revenue increased 15% to SEK 5.41bn ($580m), full round-up here, Gambling Insider caught up with CEO Pontus Lindwall for an exclusive chat about the operator’s...
Thursday, 14th February 2019
Paddy Power Betfair has announced it will be contesting recent tax assessments regarding its time operating the Betfair Exchange in Germany and Greece. The Hessen Fiscal Court’s assessment found...
Thursday, 14th February 2019
Betsson bounced back from the "turbulence" the operator suffered in 2017 by reporting a 15%  increase in 2018 group revenue, to SEK 5.41bn ($580m). Of this growth, 11% was organic, while operating...
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