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Gambling News Archive

Friday, 5th February 2016
DraftKings has finally launched its daily fantasy sports (DFS) product in the UK, and it was hinted that player pools will be shared between UK and North American players. The launch came later than initially...
Thursday, 4th February 2016
DraftKings has entered into its first sponsorship agreements in European football, after concluding deals with Barclays Premier League clubs Arsenal, Liverpool and reportedly Watford. Marketing activities...
Wednesday, 3rd February 2016
Peter McGauran, CEO of national industry source Racing Australia, has made submissions to the government in regards to end the country's controversial ‘in-play’ betting system. McGauran blames “mindless”...
Wednesday, 3rd February 2016
GVC Holdings has appointed two new non-executive directors following the completion of its acquisition of BwinParty. The online gaming group added Stephan Morana and Peter Isola to its board. GVC explained...
Wednesday, 3rd February 2016
Paddy Power Betfair PLC closed its first day on the London Stock Exchange with a share price of £104.90, after the completion of one of the gambling sector’s biggest mergers. The new body, which is predicted...
Wednesday, 3rd February 2016
A bill that would regulate online poker in New York has been unanimously passed by a Senate committee, making the bill the first to be approved at a state committee hearing. S5302B received nine votes...
Monday, 1st February 2016
A total of 150 gamblers have been arrested, with gambling equipment and over 11m baht in cash seized, during separate raids on two gambling dens in the city of Hat Yai in Thailand. The first raid saw a...
Monday, 1st February 2016
The deal for GVC Holdings to acquire BwinParty has completed. Online gaming group GVC had to beat off competition from 888 Holdings to buy the operator, and the purchase price is 25p in cash plus 0.231...
Monday, 1st February 2016
The Chinese region of Macau has seen a 21% year-on-year fall in its gambling revenue for January. Macau’s Gaming Inspection and Coordination Bureau data showed that revenue dropped for the 20th consecutive...
Monday, 1st February 2016
Amaya Inc., the parent company of PokerStars and Full Tilt Poker, has confirmed that the company’s CEO and Chairman David Baazov has made a non-binding indication to acquire the company. Indications...
Friday, 29th January 2016
Nigeria-based 1960Bet and NairaBET have gone live with the products of fellow operator Colossus Bets, including the flagship Pick 7 Colossus. As a localised Nigerian product, the headline weekly Colossus...
Friday, 29th January 2016
The Rank Group reduced its net debt to £52m from £94.9m year-on-year for the six-month period ended December 31. The operator said it completed the refinancing of its bank facilities in the period. A...
Thursday, 28th January 2016
The financial future of Atlantic City has taken yet another turn, after New Jersey Governor Chris Christie backed plans for the embattled city’s finances to be run by the state for the next five years. Atlantic...
Thursday, 28th January 2016
Las Vegas Sands Corporation’s casino revenue dropped 24% to $9.08bn for the full year 2015. Operating income declined 31% to $2.84bn, net income retracted by 34% to $2.39bn and income before income taxes...
Wednesday, 27th January 2016
Lithuania’s Gambling Control Authority (GCA) have included another wave of gambling operators to its blacklist of gaming companies, after claiming that the operators were providing online services in...
Wednesday, 27th January 2016
Revelations of suspicious betting patterns in tennis matches have led to the decision by tennis officials to conduct an independent review into anti-corruption measures. An investigation carried out by...
Wednesday, 27th January 2016
Labour’s former culture secretary, Tessa Jowell, has admitted that the Gambling Act 2005 she introduced whilst in Government failed in its attempt to prevent some of the social harms often attributed...
Wednesday, 27th January 2016
Hong Kong-based casino operator Wynn Macau Ltd has informed the contractors responsible for building its second casino in Macau that they may be liable for around $200m in damages if delays surrounding...
Tuesday, 26th January 2016
A report published by market research company Technavio has predicted that the US gaming market could see revenues rise as high as $93bn by 2020. The study highlighted a number of reasons behind this...
Tuesday, 26th January 2016
Software development company Microgaming is set to release two games on 3 February, which will immediately be available on both mobile and desktop. In addition to traditional slot game wins, the new games,...
Monday, 25th January 2016
Online casino operator LeoVegas is expanding beyond its traditional gaming offerings into sports betting, after announcing a deal with sports book technology provider Kambi Group. Kambi announced it had...
Monday, 25th January 2016
The record for the biggest win on a UK mobile slot jackpot has been broken, after a Galabingo.com player took £4.5m from one £4 spin. Playtech announced the jackpot had been won via the provider’s software...
Monday, 25th January 2016
Last week turnkey fantasy daily sports technology provider iTEAM network announced that poker pro Phil Ivey will launch his Daily Fantasy Sport (DFS) site PhilIveyDFS on the company’s platform. Ivey,...
Friday, 22nd January 2016
Assemblyman Gary Pretlow is making another attempt to legalise online poker in New York. Pretlow has introduced A9049 and reintroduced S5302, a senate version of the bill. It is not the first time Pretlow...
Friday, 22nd January 2016
The American Gaming Association has released its latest report, praising the US casino industry’s level of compliance with anti-money laundering legislation. The 40 page dossier, entitled ‘Investing...
Thursday, 21st January 2016
The coalition of Amaya Gaming, two Indian tribes and three card rooms campaigning to legalise online poker in California is unlikely to achieve its aims alone, according to a tribal gaming expert. A bill...
Thursday, 21st January 2016
Berjaya Corp (BCorp) has won an exclusive 18-year contract to operate a computerised lottery in Vietnam. BCorp explained that the project, which also involves its subsidiary Berjaya Sports Toto (BToto),...
Wednesday, 20th January 2016
Texas has become the latest state to have its attorney general (AG) rule that daily fantasy sports (DFS) classes as prohibited gambling under state law. Ken Paxton, Texas AG, concluded that participating...
Tuesday, 19th January 2016
Work on one of Jamaica's first casinos will commence this summer. The initial stage of the development from Montego Bay Harmony Cove, a partnership between government-backed Harmonisation Ltd and global...
Tuesday, 19th January 2016
The Showboat casino in Atlantic City has been sold to Philadelphia developer Bart Blatstein for $23m. The new owner said he is considering reopening the venue as a casino, but added that the property would...
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