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Gambling News Archive

Monday, 24th September 2018
OPAP has signed a preliminary agreement to acquire a 36.75% stake in TCB Holdings, the company which owns the Stoiximan Group, for €50m ($58m) through its subsidiary OPAP Investments. TCB Holdings...
Monday, 24th September 2018
Ainsworth Game Technology has announced Danny Gladstone will step down as the supplier’s CEO after 30 June 2019. Gladstone was appointed in 2007 but has advised AGT of his desire to leave the role...
Monday, 24th September 2018
The Ritz Hotel Casino in London has reported a pre-tax loss of £11.7m ($15.3m) for 2017. The loss follows a pre-tax profit of £8.9m in 2016, indicating a sharp fall in performance. However,...
Monday, 24th September 2018
“This is one of the key challenges facing the betting industry. They’ve got to be aware of it rather than being in denial.” That’s the view of Matt Wilson, Ball Street CEO, on...
Friday, 21st September 2018
Operator FanDuel has addressed its sports betting pricing error during the Denver Broncos and Oakland Raiders NFL matchup, agreeing to pay out on “erroneous tickets." On the FanDuel sportsbook,...
Friday, 21st September 2018
GVC has integrated Ladbrokes Coral Group’s in-house studio-developed games, shortly after joining the US National Council on Problem Gambling (NCPG) President’s Circle. Operator Ladbrokes...
Friday, 21st September 2018
DraftKings CEO Jason Robins believes state-by-state regulation for sports betting in the US would be a safer option for the market than a federal framework. Since the repeal of the Professional and Amateur...
Thursday, 20th September 2018
Operator ComeOn, Cherry AB’s subsidiary, has announced the launch of a new German market orientated brand named Blitzino.com. ComeOn’s focus in recent months has been on expanding into its...
Thursday, 20th September 2018
MGM Resorts (MGM) is set to acquire operations of the Hard Rock Rocksino Northfield Park, Ohio, from MGM Growth Properties (MGP) for $275m. The transaction between the gaming operator, MGM, and the real...
Thursday, 20th September 2018
Sky Betting and Gaming (SBG) CEO Richard Flint has opposed the Labour Party’s proposals to ban gambling advertising during live sporting events and credit-card betting within the UK. Labour has...
Thursday, 20th September 2018
“A match made in action sports heaven.” That’s how Yggdrasil’s Chief Studio Officer Christopher Mifsud describes the supplier’s partnership with Nitro Circus for its first-ever...
Wednesday, 19th September 2018
GAN is performing “in line with market expectations”, according to the company’s latest trading update that also predicts record revenues and growth in 2019. The online gaming supplier...
Wednesday, 19th September 2018
Wynn Resorts has denied “frivolous claims” made in a lawsuit from Sterling Suffolk Racecourse. The casino operator and its former chief executive, Steve Wynn, are being sued for allegedly...
Wednesday, 19th September 2018
The UK Advertising Standards Authority (ASA) has banned a Kwiff television advert broadcast in June, warning the gambling operator over its future conduct. The advert showed players referencing the excitement...
Wednesday, 19th September 2018
Labour Deputy Leader Tom Watson says the party would ban gambling with credit cards if it won the next UK general election. At present, the next general election is not scheduled until 2022. However,...
Wednesday, 19th September 2018
Scientific Games has seen two of its board’s directors depart, as Viet Dinh and former President and CEO Kevin Sheehan resigned. The US-based gaming supplier announced through an SEC filing that...
Tuesday, 18th September 2018
AffiliateCon: The Great American Huddle has been announced for Tuesday 9 October at 9:30pm with drinks sponsored by Trafficology and Shisha sponsored by TAG Media. Taking place in the Mirage Hotel &...
Tuesday, 18th September 2018
The gaming industry contributed $261bn to the US economy in 2017, according to a study released by the American Gaming Association (AGA). Oxford Economics conducted the study, which is the first of its...
Tuesday, 18th September 2018
The UK government has stressed there will be no delay in its plans to restrict maximum stakes on fixed-odds betting terminals (FOBTs). In May, the government decided to reduce the maximum FOBT stake from...
Tuesday, 18th September 2018
Jenny Watson CBE will be the National Online Self-Exclusion Scheme’s new Chair. The scheme is the operator of Gamstop, which was announced as a pilot national online self-exclusion scheme by trade...
Tuesday, 18th September 2018
Perform Group has announced it will be rebranded as DAZN Group and be consolidated into two brands; DAZN and Perform Content. Perform CEO and Founder Simon Denyer will lead the group alongside new CFO...
Tuesday, 18th September 2018
Following its agreements with Golden Nugget, Churchill Downs and Resorts Casino, Richard Carter, CEO of SBTech, speaks to Gambling Insider about the supplier's US market plans.   How satisfied...
Tuesday, 18th September 2018
Sportradar and Interregional Sports Group (ISG) have secured a long-term deal with Liberty Media over Formula One’s betting sponsorship rights. The deal will see F1 and ISG work with supplier Sportradar...
Monday, 17th September 2018
Sky Betting and Gaming (SBG) saw its revenue increase by 30% to £670.4m for the financial year ending 30 June. In an acquisition report filed by The Stars Group, which completed its takeover of...
Monday, 17th September 2018
Global Gaming has appointed Michael Gatt to the newly created role of Operational Chief Financial Officer for its subsidiaries in Malta, as the company looks to strengthen its financial organisation. The...
Monday, 17th September 2018
Skin gambling and loot boxes are being targeted by global gambling regulators as the ‘blurring of lines between gambling and gaming’ has caused growing international concerns. A total of 16...
Monday, 17th September 2018
Macau has seen its casino stocks and revenue take a hit after Typhoon Mangkhut impacted business operations over the weekend. The storm has already badly affected the Philippines and forced the Chinese...
Monday, 17th September 2018
It’s a Monday afternoon and the city of London is as busy as ever. In Shoreditch, though, just outside the heart of the capital’s financial sector, there is an air of change about the place;...
Friday, 14th September 2018
Operators GVC Holdings and Las Vegas Sands have become members of the Dow Jones Sustainability Index (DJSI), an honour often referred to as the ‘gold standard’ for corporate sustainability. DJSI...
Friday, 14th September 2018
Australian sport data provider iSport Genius has entered into an agreement with DraftKings to provide data insights to the operator’s sportsbook platform. The data will be used to help customers...
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