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Gambling News Archive

Friday, 29th April 2016
The latest company within the industry to post a financial report is Novomatic, which has broken its revenue record for the full year 2015, moving past €2bn for the first time. A total of €2.09bn...
Friday, 29th April 2016
Mr Green has reported a 12% year-on-year revenue increase to SEK 218.5m (£18.6m) for the first quarter of 2016. EBITDA before non-recurring items saw an upturn of 24% to SEK 30.2m and earnings...
Thursday, 28th April 2016
California has moved one step closer to becoming the fourth US state to have regulated online gambling, after i-poker bill AB 2863 was unanimously passed by the Assembly Governmental Organization Committee. The...
Wednesday, 27th April 2016
Gala Coral has voluntarily opted to pay a settlement of over £846,000 to the victim of a theft, after it was concluded that the stolen money was laundered through Coral brands. The operator said that...
Wednesday, 27th April 2016
Significant increases in revenue and gross profit have been reported by NYX Gaming Group for the full year 2015, though not all figures were positive. Revenue soared 91% to CAD$52.3m and gross profit...
Wednesday, 27th April 2016
Unibet has reported record first quarter gross winnings revenue of £122.4m, up 61% year-on-year. The operator’s EBITDA went up 80% to £27.6m, while profit before tax saw an upturn of 99% to £22.5m...
Wednesday, 27th April 2016
The Future of Betting Shops seminar, held at the Palace of Westminster on Tuesday, was the second in a series of gambling seminars organised by the All Party Betting and Gaming Group (APBGG). By the time...
Tuesday, 26th April 2016
Boyd Gaming, which holds partial ownership of the Borgata Hotel Casino & Spa, is to acquire the Las Vegas assets of Cannery Casino Resorts for $230m. Boyd currently owns and operates 22 gaming properties...
Tuesday, 26th April 2016
The debate on fixed-odds betting terminals (FOBTs) has surfaced once again, with the Local Government Association (LGA) asking for maximum stakes that can be placed on the machines in betting shops to...
Monday, 25th April 2016
GVC Holdings has announced it increased its net gaming revenue (NGR) by 10% to €248m for the full year 2015. Clean EBITDA went up by 10% to a record €54.1m and profit before tax ascended 21% to €50m. Dividends...
Friday, 22nd April 2016
The Competition and Markets Authority (CMA) has delayed the publishing of its provisional findings on the proposed Ladbrokes Coral merger until mid-May. Mid-April was the initial time the operators expected...
Thursday, 21st April 2016
In a move that will surprise many, Mississippi legislators have turned their backs on previous opinion that existing state law prohibited daily fantasy sports by passing a new Senate Bill. The Mississippi...
Thursday, 21st April 2016
Stoke City F.C have announced that the club’s stadium will be called the “bet365 Stadium” from the start of next season. The deal between the sports-betting operator and the football club, both...
Wednesday, 20th April 2016
A panel gathered to discuss the key i-gaming issues at a seminar titled “The future of online gambling” at Portcullis House in Westminster, London, hosted by the All Party Betting & Gaming Group (APBGG). Richard...
Tuesday, 19th April 2016
NetEnt reported a series of year-on-year increases in its first quarter 2016 financial results. The provider’s operating profit went up 57% to SEK 128.1m (£11.01m), while revenues ascended 33% to SEK...
Monday, 18th April 2016
The Delaware Lottery has announced that March was a record-breaking month for i-gaming revenues in the state. Online operations collected $260,539 (€230,621) in March, almost $20,000 more than the previous...
Monday, 18th April 2016
The Culture Secretary, John Whittingdale MP, has appointed five new commissioners to the Gambling Commission. Sarika Patel, John Baillie, Catharine Seddin, Simone Pennie and Stephen Cohen will take up...
Friday, 15th April 2016
A consultant for the Campaign for Fairer Gambling (CFG) has accused the Responsible Gambling Strategy Board (RGSB) of admitting to failure in research carried out by the Responsible Gambling Trust (RGT)...
Friday, 15th April 2016
Sports-betting integrity body ESSA received 11 reports of suspicious betting patterns during the first quarter of 2016. Of the 11 cases, nine were related to tennis, with one each in basketball and football. Five...
Thursday, 14th April 2016
While New Jersey showed via its March figures that it has broken the record for online gaming revenue once again, there was one particular event that occurred in the month that grabbed the attention of...
Thursday, 14th April 2016
The Czech lower house has approved legislation to raise taxes on gambling firms and open the online market to foreign operators. Reuters reports that, as of next year, tax on slot machines will increase...
Wednesday, 13th April 2016
Melco Crown Philippines suffered a net loss of 9.14bn pesos (approx US$199m) in 2015. The figure represents a 45% increase on the 2014 net loss of 6.3bn pesos. Gross revenue for 2015 sits at 13.73bn pesos...
Wednesday, 13th April 2016
The small, mountainous state of Nagaland, located in Northeast India, has become the first to pass legislation on online skill games in the country, a landmark moment for gaming in world’s second most...
Tuesday, 12th April 2016
More betting operators have signed up to British Racing's Authorised Betting Partner (ABP) scheme. 188BET, BetStars, McBookie, SeanieMac and ApolloBet have all joined in recent days, agreeing to make a...
Tuesday, 12th April 2016
The Senet Group now has eight members, after the UK self-regulatory body announced it is to be joined by Gala Leisure and Gala Interactive. This is a significant move after Gala’s retail division was...
Monday, 11th April 2016
UK bookmakers are likely to have made over £75m profit on Grand National day at the weekend, according to data from sports-betting social network bettingexpert.com. With more than 35 million bets expected...
Friday, 8th April 2016
Casino operator Las Vegas Sands has paid a $9m penalty to settle a case relating to its business activities in Macau and China. The Securities and Exchange Commission (SEC) has closed its investigation...
Friday, 8th April 2016
Atlantic City’s eight casino licensees generated an increased gross operating profit of 40% to $547.4m for the full year 2015. The New Jersey Division of Gaming Enforcement, which releases gaming revenue...
Thursday, 7th April 2016
Recent developments have occurred this week with regards to daily fantasy sports (DFS) legislation in four US states. Here is a brief summary of the most recent updates. Alabama Attorney General (AG)...
Thursday, 7th April 2016
The record UK Lotto prize win has been broken for the second time this year, with one player being entitled to a £35.1m payout from Wednesday night’s draw. While the owner of the winning ticket is...
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