SAT, 29TH APR 2017

In-Depth Analysis for the gaming industry

Gambling News Archive

Friday, 28th April 2017
William Hill has confirmed the restructuring of its online division department. The news comes as three senior members of staff have left the company. In a bid to overhaul its online division, Stuart...
Friday, 28th April 2017
In a continued effort to crack down on problem online gambling, an agreement has been reached among federal, state, and territory ministers in Australia. Under a number of sweeping new reforms, online...
Friday, 28th April 2017
STS has finalised its acquisition of Greep, Ltd. – a Czech software provider for gaming operators who offer mutual bets and lotteries in Europe. As one of major shareholders of the Czech company, STS...
Friday, 28th April 2017
Social casino players in the USA favour playing on mobile devices, according to analysis conducted by SuperData Research. A total of 85% of social casino gamers now play using mobile devices, with only...
Friday, 28th April 2017
Gaming giant Scientific Games has released its Q1 financial results, highlighting a 6% increase in first quarter revenue over 2016 to $725.4m. The growth was led by a 24% increase in global new unit shipments...
Thursday, 27th April 2017
State-run Philippine gaming operator PAGCOR recorded a 26.75% increase in its year-on-year net income for the first quarter of 2017. In its latest financial statement the Philippine Amusement and Gaming...
Thursday, 27th April 2017
Proposals to allow sports betting in Pennsylvania took a step closer today with the passage of a bill through the state’s House Gaming Oversight Committee. The bill known as HB 519 would see the amendment...
Thursday, 27th April 2017
Gaming and Leisure Properties (GLP) have announced huge growth in revenue of 63% for the first quarter of 2017. The real estate investment company revealed yesterday that it had generated $242.7m for Q1...
Thursday, 27th April 2017
Stockholm-headquartered Betsson AB has reported solid growth in revenue for the first three months of 2017, climbing 10% to a total of SEK 1.1bn. Gross profit grew at a similar rate, increasing 8% to SEK...
Thursday, 27th April 2017
Camelot UK has announced that Andy Duncan will leave his role as Chief Executive Officer of Camelot, the company which operates the UK National Lottery. Nigel Railton, Chief Executive Officer of Camelot...
Thursday, 27th April 2017
Billionaire casino investor Carl Icahn could potentially be owed millions of dollars in property tax refunds from Atlantic City authorities. Mr Icahn has appealed tax figures generated by city legislators...
Thursday, 27th April 2017
Global casino operator Las Vegas Sands has reported a 41.3% increase in its net income for the first quarter of 2017. The firm which owns casino resorts in Macau, Singapore and Las Vegas received net income...
Thursday, 27th April 2017
Gaming Innovation Group Inc. and its subsidiary Innovation Labs has agreed to acquire a non-disclosed affiliate network for a total consideration of €5.7m. The highly regarded network in question specifically...
Thursday, 27th April 2017
The Nevada Gaming Control Board (NGCB) reported Wednesday that casinos across the state brought in more than $991m last month, a 7.5% increase compared to a year ago. Michael Lawton, Senior Research...
Thursday, 27th April 2017
The UK Government has decided to remove a tax on free plays and bonuses from the Finance Bill 2017. Last year Her Majesty’s Revenue and Customs (HMRC) announced that the new Finance Bill would instigate...
Thursday, 27th April 2017
UK-based gaming provider Gaming Realms has revealed year-on-year revenue growth of 60% for the 2016 tax year. The company, which trades on the AIM section of the London Stock Exchange, confirmed that...
Wednesday, 26th April 2017
The sports betting integrity body, ESSA, recorded 27 cases of suspicious betting during the first quarter of 2017, with tennis accounting for almost half of those. With 12 instances of suspicious bets,...
Wednesday, 26th April 2017
NYX Gaming Group announced revenue growth of 213% in its full-year report for 2016, climbing to a total of $163.7m. The company grew at a rate of 46.8% when discounting the impact from the acquisitions...
Wednesday, 26th April 2017
The South Korean government has announced their intention to allow its citizens to buy the country's state lottery tickets online by the end of 2018. According to reports in the Korea Times newspaper,...
Wednesday, 26th April 2017
The University of Nevada Las Vegas’ Center for Gaming Research have recently published a report which detailed that commercial casinos in the United States reaped a total revenue of $3.3bn in February,...
Wednesday, 26th April 2017
The Wynn Macau Ltd casino group has reported a significant 26.5% rise in net profits for the first quarter of 2017. In unaudited results filed with the Hong Kong Stock Exchange, the group reported net...
Wednesday, 26th April 2017
Despite a decline in operating profit, Kambi Group has announced a year-on-year increase in revenue during the first quarter of 2017. Issuing a market update, Kambi’s operating profits and margins were...
Wednesday, 26th April 2017
Intralot’s Polish bookmaker Totolotek has partnered with Betradar to introduce virtual sports betting to Poland for the first time, after recent changes to Polish gaming law now permit this form of gaming. Over...
Wednesday, 26th April 2017
Work has begun on a $40m renovation of the Isleta Resort & Casino in Albuquerque, New Mexico. Improvements include an expanded and redesigned casino floor, new concert venue, food and beverage outlets...
Wednesday, 26th April 2017
Updating the market, Kindred Group Plc posted a strong start to 2017 as the company benefits from record high numbers in active customers and Gross winnings revenue. Despite a low sports betting margin...
Tuesday, 25th April 2017
A bill to legalise and regulate online poker in the state of California will likely not be heard until at least 2018, according to the latest report from Online Poker Report. California Assemblyman Reggie...
Tuesday, 25th April 2017
The Cowlitz Indian Tribe finally opened its $510m casino complex in Southwest Washington yesterday, after years of legal battles. Thousands of gambling enthusiasts attended the Monday morning launch of...
Tuesday, 25th April 2017
The Winford Hotel and Casino officially opened its doors to the public late last week in Manila, Philippines following the hotel's soft opening in January. The PHP8bn ($160.9m) 128 room casino resort...
Tuesday, 25th April 2017
The pending merger of Margaritaville Resort and Casino and the Poarch Band of Creek Indians, an Alabama Indian tribe, has ended. The press were informed that the decision to end the merger was mutual,...
Tuesday, 25th April 2017
The UK government has confirmed that proposed reforms of Horserace Betting Levy regulations have been successfully passed into law following European Commission approval of the changes. Reforms will see...
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