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Gambling News Archive

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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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,...
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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...
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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...
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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,...
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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...
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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...
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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...
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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),...
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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...
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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...
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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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Monday, 18th January 2016
Online gaming operator GVC Holdings has assigned analyst Nick Batram to the newly created role of head of investor relations and corporate strategy. Batram will take up his position in the second quarter...
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Monday, 18th January 2016
The Liberal Democratic Party (LDP) has decided not to seek the passage of a bill which aims to legalise casinos in Japan, because coalition partner Komeito remains wary of gambling. The bill was introduced...
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Monday, 18th January 2016
An investigatory report published by BBC and BuzzFeed News on Sunday evening outlined allegations of suspicious betting activity on tennis matches. Here are the main findings from that article: The investigation...
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Friday, 15th January 2016
Wynn Las Vegas is reportedly planning to launch a mobile sports-betting app to Nevada players in February. John Avello, Wynn Las Vegas director of race and sports, told Legal Sports Report (LSR) that...
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Thursday, 14th January 2016
Problems with an online project were a significant obstacle for William Hill in trading last year, according to two industry analysts. The operator reported a 4% upturn in online net revenue to £550.7m...
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Thursday, 14th January 2016
A record monthly total of $14.04m for December allowed the New Jersey i-gaming market to generate an annual sum of $148.9m for 2015, up 21%. Year-on-year increases were reported for every month of the...
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Wednesday, 13th January 2016
A House bill that would legalise daily fantasy sports (DFS) in Florida has been approved by the Business and Professions Subcommittee. The legislation introduced by state representatives Matt Gaetz and...
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Wednesday, 13th January 2016
New Jersey governor Chris Christie has announced that a deal has been made to let voters decide whether two new casinos should be built in the state. Christie was joined by Senate President Stephen Sweeney...
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Tuesday, 12th January 2016
Mobile gaming content developer Nektan has revealed that CEO David Gosen has resigned to explore new opportunities. Gosen’s resignation will be made effective at the end of January with executive chairman...
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Tuesday, 12th January 2016
The total VIP gaming rooms in Macau has fallen by at least 30 to 40 in the last six months to almost 100, according to the Association of Gaming and Entertainment Promoters of Macau. Engagement with VIP's...
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Tuesday, 12th January 2016
The stay of injunction that has allowed FanDuel and DraftKings to continue operating in New York will continue pending the result of a legal battle against the state’s attorney general (AG). An appellate...
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Tuesday, 12th January 2016
I-gaming group GVC Holdings has revealed its total net gaming revenue (NGR) for the full year 2015 was €247.7m, a 10% increase. Further statistics show the company's sports wagers were boosted 15% to...
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Monday, 11th January 2016
China's lottery sales dropped for the sixth consecutive month last November. Ministry of Finance figures revealed that total sales for the month fell 10.2% to RMB 30.6b (US $4.6b). Welfare lottery sales...
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Monday, 11th January 2016
The proposed merger between Ladbrokes and Gala Coral has been fast-tracked for an in-depth phase 2 investigation by the Competition and Markets Authority (CMA), following a request to do so that was made...
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Monday, 11th January 2016
Atlantic City’s largest casino workers union is supporting state senate president Steve Sweeney’s plan for a referendum on expanding casinos to northern New Jersey. Local 54 of the Unite-HERE union...
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Thursday, 7th January 2016
Kristof Fahy will return to the industry and join Ladbrokes as its CMO, as the operator has announced another change in management. Fahy left his position as CMO of William Hill in March, a role he had...
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Thursday, 7th January 2016
A bill that would regulate daily fantasy sports (DFS) in California has been passed by the state’s Governmental Organization (GO) Committee by an almost unanimous vote at a hearing. AB 1437, authored...
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Wednesday, 6th January 2016
A bill seeking to legalise online poker in California has seemingly once again been removed from the agenda of a Governmental Organization (GO) Committee hearing on the issue. AB 167, sponsored by Assemblyman...
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Wednesday, 6th January 2016
Business organisation FICCI (Federation of Indian Chambers of Commerce & Industry) has welcomed the suggestion from a committee led by Justice R.M Lodha to legalise sports betting in India. Since 2012...
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Tuesday, 5th January 2016
The self-nominations window for the Global Gaming Awards 2016 is officially open. Now in their third year, the Awards will once again consist of 12 industry-wide categories, recognising and rewarding innovation...
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Tuesday, 5th January 2016
Monday February 1 will be the date that GVC Holdings will complete its acquisition of BwinParty. BwinParty confirmed the finalisation time within its pre-close trading update for the fourth quarter of...
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Monday, 4th January 2016
An alleged illegal gambling ring in Taiwan has been busted for accepting $42.36m worth of bets on results of the upcoming presidential and legislative elections. Authorities raided 31 locations around...
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Monday, 4th January 2016
ITV has won exclusive rights to broadcast British horse racing fixtures from January 2017 to December 2020. The Derby, Cheltenham Festival, Grand National and Royal Ascot are amongst the events which will...
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Monday, 4th January 2016
The Senet Group, the independent self-regulatory body which promotes responsible gambling, has refreshed its board for the new year. Catherine Colloms, director of corporate affairs at Paddy Power, and...
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Monday, 4th January 2016
The inevitable annual decrease in gross revenue for the Macau casino market for 2015 concluded at 34% to 230.84bn patacas ($28.91bn). A total of 19 consecutive months of year-on-year decline have been...
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