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Gambling News Archive

Friday, 30th October 2020
Her Majesty Revenue and Customs (HMRC) has received an 8% year-on-year decrease in UK betting and gaming tax duty for the current financial year, with income affected by the coronavirus pandemic. HMRC...
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Friday, 30th October 2020
Evolution has announced the launch of its live casino games portfolio in the newly regulated Colombian online gaming market. The gaming supplier is the first to launch in the market, with a portfolio...
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Friday, 30th October 2020
Joonas Karhu, chief business officer at Bojoko, has launched the Professional Gambling Affiliates Association (PGAA), in a bid to improve the relationship between operators and affiliates.  The PGAA...
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Friday, 30th October 2020
Dr. Nik Sarafi, expert in German gaming law, lays bare Germany’s 2021 Interstate Treaty on Games of Chance and explains how a recently passed circular resolution could impact the market's operators....
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Friday, 30th October 2020
Branscheförenigen för Onlinespel (BOS) has given its support to the decision by a government enquiry to dismiss the proposed mandatory horse racing levy fee in Sweden. The Swedish trade association...
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Friday, 30th October 2020
Spanish football clubs that are sponsored by betting companies might have to cancel their contracts, according to a letter sent out by the minister of consumer affairs Alberto Garzon. He informed the clubs...
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Friday, 30th October 2020
Penn National Gaming reported revenue of $1.1bn for Q3 2020, a 21% drop from $1.4bn in Q3 2019. Net income was $141.2m, almost twice the $43.7m recorded last year; and adjusted EBITDAR for the period...
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Friday, 30th October 2020
MGM Resorts International has reported Q3 2020 revenue of $1.1bn, a 66% year-on-year decline as the company continues to struggle during the ongoing coronavirus pandemic.  The firm’s Las Vegas...
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Thursday, 29th October 2020
TheScore Media and Gaming has reported a 33% year-on-year revenue drop for its theScore sportsbook during the 2020 fiscal year, reflecting the disruption of the sporting calendar. Total revenue for the...
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Thursday, 29th October 2020
George Papanier, CEO of Twin River Worldwide Holdings, has praised the company’s “strong financial performance” in Q3 with the casino operator’s income from operations up 9% year-on-year,...
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Thursday, 29th October 2020
Kindred Group is to acquire Casino Blankenberge after reaching an agreement to purchase all shares in the Rank Group subsidiary. The operator will buy 100% of shares in Blankenberge Casino-Kursaal (Blancas)...
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Thursday, 29th October 2020
Dr. Nik Sarafi, expert in German gaming law, lays bare Germany’s 2021 Interstate Treaty on Games of Chance and explains how a recently passed circular resolution could impact the market's operators.  The...
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Thursday, 29th October 2020
According to statistics from the National Gambling Treatment Service, just 3% of problem gamblers in the UK are receiving proper treatment.  The figures come amid the government’s imminent...
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Thursday, 29th October 2020
Golden Nugget Online Gaming (GNOG) saw net revenue of $25.9m for Q3 2020, 92% higher than $13.5m in 2019. Gross gaming revenue for Q3 was $28.9m, a 93% increase from $14.9m for the same period last year....
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Thursday, 29th October 2020
Churchill Downs reported net revenue of $337.8m for Q3 2020, a 10% growth compared to $306.3m for the same period in 2019. Net income was $43.2 m, a sizable increase from $14.8m last year. Adjusted EBITDA...
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Thursday, 29th October 2020
US-based casino operator Twin River Worldwide Holdings has announced it will change its name to Bally’s Corporation, effective 9 November 2020. To reflect the change, the company’s common...
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Thursday, 29th October 2020
Macau’s daily visitation numbers have climbed to over 20,000, with hotel occupancy reaching around 40%.  The figures, released by Macau Government Tourism Office (MGTO) director Maria Helena...
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Wednesday, 28th October 2020
Caesars Entertainment has agreed to sell its Tropicana Evansville property to Gaming Leisure Properties and Twin River Worldwide Holdings for $480m. The Indiana-based casino and hotel’s cash purchase...
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Wednesday, 28th October 2020
The Gambling Commission (GC) has concluded an investigation into three UK online operators regarding failures in social responsibility and anti-money laundering. The regulatory body found that BGO Entertainment...
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Wednesday, 28th October 2020
Academics and medical experts have called for a specialist gambling clinic to be run by the NHS in Wales.  A letter has been signed by both medical experts and academics urging the Welsh government...
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Wednesday, 28th October 2020
Gaming regulator the Philippine Amusement and Gaming Corp (PAGCOR) has reported gaming operation income of PHP22.3bn ($461.7m) from January-September 2020. It’s a 60% drop from PHP55.8bn...
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Wednesday, 28th October 2020
The Advertising Standards Authority (ASA) has banned an “irresponsible” paid-for Facebook ad by Gala Spins.  The ad, seen on 12 August of this year, has been taken down after a complaint...
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Tuesday, 27th October 2020
The winners of the Global Gaming Awards Las Vegas 2020 have been revealed. After a rigorous voting process, including a self-nomination window and input from our Nominations Panel and the Gambling Insider...
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Tuesday, 27th October 2020
DraftKings has extended its partnership with MansionBet which will see it continue to power the operator’s sportsbook and casino platform. Alongside using DraftKings’ B2B technology to leverage...
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Tuesday, 27th October 2020
The Global Gaming Awards Las Vegas 2020 will take place today – and you can watch both the Awards ceremony and the after show live. Winners of all 12 categories will be revealed during the Global...
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Tuesday, 27th October 2020
The Big Step, a charity aiming to reduce problem gambling, has signed a partnership with Swansea City football club to help raise awareness and provide education on the risks associated with gambling. The...
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Tuesday, 27th October 2020
The International Association of Gaming Regulators (IAGR) has announced a collaboration with the International Gaming Standards Association (IGSA) to maximize opportunities for effective and efficient...
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Tuesday, 27th October 2020
Over 1000 Las Vegas workers will reportedly lose their jobs in December amid the ongoing Covid-19 pandemic.  The cuts will impact around 1,100 workers across the Tropicana, Park Theater and MGM Grand...
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Tuesday, 27th October 2020
Boyd Gaming has reported $652.2m in revenue for Q3 2020, a decline of 20% year-on-year.  Net income was $38.1m, compared to $39.4m in 2019. Total Adjusted EBITDAR was $238.8m, a 12% increase from $213.5m...
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Tuesday, 27th October 2020
Casino operator Las Vegas Sands Corp. is preparing for the sale of its casinos in Las Vegas.  According to a Bloomberg report, chairman Sheldon Adelson is looking to solicit interest for the Sands...
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Monday, 26th October 2020
Scientific Games has been awarded a new two-year contract with Hrvatska Lutrija that will see it continue to provide instant scratch games to the Croatian National Lottery. It’s an extension to...
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Monday, 26th October 2020
William Hill and Caesars Entertainment have announced a sports betting partnership with NFL club Indianapolis Colts.  In their first NFL team sponsorship together, William Hill and Caesars have united...
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Monday, 26th October 2020
The National Hockey League (NHL) has partnered with the American Gaming Association (AGA) for a public service campaign called 'Have A Game Plan. Bet Responsibly' that promotes responsible gaming. The...
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Monday, 26th October 2020
On Saturday, Gurugram Police arrested 20 people for allegedly betting on the Indian Premier League (IPL). The cricket tournament started last month, on September 19, and police forces have already handled...
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Monday, 26th October 2020
The English Football League (EFL) has reiterated its strong relationship with the gambling sector amid heightened political scrutiny surrounding the industry. The statement follows suggestions that there...
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Monday, 26th October 2020
Quentin Martin, CEO of esports  betting company Luckbox, says he is willing to “bet substantial amounts of money with anyone who will take it” that esports betting will become bigger than...
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Friday, 23rd October 2020
The Nevada Gaming Commission has handed a $5,000 fine to Las Vegas slot-route operator SSM Gaming LLC.  In one of the smallest regulatory fines in recent history, the Nevada Gaming Control Board...
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Friday, 23rd October 2020
US sports betting firm Simplebet is looking to shake up the in-play US betting market, through its distinctive micro-market business model. The B2B product development company uses real-time technology...
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Friday, 23rd October 2020
Svenska Spel has reported a revenue drop of 8% year-on-year for Q3 2020, with the casino closures brought about by the coronavirus pandemic having a “major impact.” The Swedish operator’s...
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Friday, 23rd October 2020
Betsson Group has seen its revenue rise by 31% year-on-year for Q3 2020, attributing the growth to an increased demand for digital entertainment during the coronavirus pandemic. The operator’s group...
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Friday, 23rd October 2020
Belle Corp’s net revenue for the first nine months of 2020 fell by 96% from PHP2.6bn last year to PHP93m ($1.9m). Excluding extraordinary and non-recurring items, the company’s consolidated...
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Friday, 23rd October 2020
BetVictor is set to launch a new German sports betting platform, BildBet, in partnership with German newspaper Bild. The launch will allow the sports betting operator to offer online sports betting in...
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Friday, 23rd October 2020
The Autorità per le Garanzie nelle Comunicazioni (AGCOM), Italy’s communications regulator, has fined Google for reportedly violating the rules of the Dignity Decree. The Decree, implemented...
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Friday, 23rd October 2020
Gambling advertisements have been banned from stadiums hosting Big Bash League cricket matches in New South Wales, Australia. In a bid to address the normalisation of sports betting, the NSW Office of...
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Thursday, 22nd October 2020
DraftKings has announced the launch of a mobile and online sportsbook in South Africa, in partnership with Peermont Hotels, Gaming and Resorts. South African gaming and hospitality group Peermont, will...
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Thursday, 22nd October 2020
Tekkorp Digital Acquisition Corp has set out its intentions to become a public company after announcing the pricing of its initial public offering. The private and public investment company, which operates...
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Thursday, 22nd October 2020
NetEnt earned SEK521m ($60m) in revenue for Q3, a rise of 18% in comparison with the same period in 2019. After tax, the earnings were SEK167m, almost twice the SEK76m reported last year....
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Thursday, 22nd October 2020
Gaming supplier Evolution saw revenue of €140m ($165.9m) for the third quarter of 2020, a rise of 48% year-on-year. EBITDA for the period was €90.7m, an increase of 87% and corresponding to...
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Thursday, 22nd October 2020
The body behind the UK code for advertising is expected to ban the presence of celebrities in betting and gambling ads.  The Committees of Advertising Practice (CAP) has launched a public consultation...
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Thursday, 22nd October 2020
GVC Holdings has appointed two new directors to its board: on October 22, David Satz will join as an independent non-executive director, and on January 1, 2021, Robert Hoskin will take the position of...
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Thursday, 22nd October 2020
Casino operator Las Vegas Sands has reported an 82% year-on-year decline in revenue for Q3. Sands posted net revenue of $586m in the third quarter of 2020, representing a decrease of 82% from the same...
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Wednesday, 21st October 2020
Betsson has announced it is to consolidate its UK business into one brand, by handing back three of the group’s four licenses in the country. Of the current nine Betsson brands that operate in the...
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Wednesday, 21st October 2020
William Hill has reported that its Q3 online net revenue growth was 4% in the UK and 6% internationally. Retail like-for-like (cumulative results on a same-shops basis for the period) dropped by 2% in...
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Wednesday, 21st October 2020
Football Index has joined the International Betting Integrity Association (IBIA) as an affiliate member. The online betting platform, which allows its users to buy and sell shares in footballers, is the...
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Wednesday, 21st October 2020
William Hill has revealed a 9% drop in third-quarter revenue in its latest trading update, stating that local lockdowns could cost the company £2m ($2.6m).  The group reported "good progress...
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Wednesday, 21st October 2020
Greater Manchester will enter a Tier 3 lockdown that is scheduled to start at 00:01am on Friday. More than 400 betting shops and 12 casinos will have to temporarily close their doors as...
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Wednesday, 21st October 2020
According to a Bloomberg survey of analyst estimates, Macau casinos will see a combined EBITDA loss of around $823m for the three months ended 30 Sep. Participants in the survey, which involved seven...
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Wednesday, 21st October 2020
Australian racing and wagering company Tabcorp Holdings has revealed a 6% decline in revenue for Q3.  Announced by managing director and CEO David Attenborough at the company’s latest AGM,...
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Tuesday, 20th October 2020
Betway has signed an extended partnership with Betgenius to boost the operator’s in-play betting offering. Under the deal, Betgenius will provide the operator with in-play data and trading for an...
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Tuesday, 20th October 2020
The Swedish Gambling Authority (Spelinspektionen) and the Netherlands Gaming Authority (Kansspelautoriteit) have entered into a Memorandum of Understanding (MoU).  With the agreement, the...
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Tuesday, 20th October 2020
The Global Gaming Awards Las Vegas 2020 are officially just one week away. Winners of all 12 categories will be revealed during our Global Gaming Awards show at 1.30pm Eastern Time on Tuesday 27 October,...
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Tuesday, 20th October 2020
New research commissioned by Gamble Aware reveals that over half of gamblers in Great Britain say they gambled the same amount as they would normally have done during early lockdown. The study, undertaken...
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Tuesday, 20th October 2020
Gamesys Group has reported strong performance for Q3; its total revenue went up 31% year-on-year to £190m ($245.7m) on a pro forma basis. The group’s successes reflects the growth in its “active...
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Tuesday, 20th October 2020
Macau’s visitor tally for 2020 could see a year-on-year decline of over 90%, having already witnessed a decline of 87% in the first eight months.  Just over 3.57 million visitors have entered...
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Monday, 19th October 2020
Southampton Football Club has announced its support of RecoverMe, a mobile health application that helps users to manage gambling addiction. The English Premier League club will contribute to the growth...
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Monday, 19th October 2020
The Betting and Gaming Council (BGC) believes the economic damage caused by the closures of casinos and betting shops in Lancashire “will be huge.” The English county was added to tier three...
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Monday, 19th October 2020
Mr Green is set to launch in Spain after the William Hill brand received a license from the country’s regulator, Directorate General for the Regulation of Gambling (DGOJ). The license approval for...
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Monday, 19th October 2020
Crown Resorts shares have fallen by more than 9%, with the company currently being investigated for potential breaches of anti-money laundering and counter-terrorism financing laws.  Crown, who has...
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Monday, 19th October 2020
PH Resorts Group Holdings, Inc, has priced its follow-on offering at Php1.68 ($0.035) per share, representing a 33% decrease from the top-end of its price range.   A subsidiary of Philippines...
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Monday, 19th October 2020
888 Holdings has announced a new partnership with Sportradar. The partnership will allow 888sport to use “Sportradar’s data and risk management solution, Managed Trading Services...
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Monday, 19th October 2020
Malaysian police have arrested 12 people for taking part in an online gambling syndicate. The illegal activity was being run from a residential unit in Jalan Batu Kawa in Sarawak.    According...
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Monday, 19th October 2020
Andres Rengifo, director of NetEnt Live, believes live casino can serve as a differentiator for operators – something particularly vital during the current pandemic. Rengifo was speaking with Gambling...
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Friday, 16th October 2020
Indian lottery operator Sugal & Damani Group has announced its intention to compete in the race to run the UK National Lottery. The competition is being overseen by the the Gambling Commission, and...
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Friday, 16th October 2020
Spanish online gambling revenue rose by 18% year-on-year for Q2 2020, despite sports betting taking a significant hit. Figures from Spanish regulator Directorate General for the Regulation of Gambling...
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Friday, 16th October 2020
Borgata Hotel Casino & Spa has announced the return of its land-based poker operations.  The MGM Resorts operated property will reopen The Poker Room on 21 October, having closed its doors earlier...
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Friday, 16th October 2020
The Westgate Las Vegas Resort and Casino on the Las Vegas Strip has denied a podcast host $30,000 in winnings from a bet placed on the recent French Open tennis tournament. Gill Alexander, host of ‘A...
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Friday, 16th October 2020
Genesis Global has been given the go-ahead to resume operations in the UK market. Previously, the company’s operational license was suspended in July due to compliance issues, with...
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Friday, 16th October 2020
The Primorye gaming zone outside Vladivostok will see the opening of its second casino. Shambhala Casino is scheduled to open its doors on October 16. The casino is owned and operated by Shambala...
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Friday, 16th October 2020
New Jersey has set the record for the highest-ever monthly sports betting handle in the US.  According to data from the Jersey Division of Gaming Enforcement, the state collected figures of around...
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Friday, 16th October 2020
Legislation aimed at providing comprehensive relief and support for the hospitality industry in the US will help “expedite the recovery” of the gaming sector, according to the American Gaming...
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Thursday, 15th October 2020
Colossus Bets’ new CEO David O’Reilly speaks exclusively to Gambling Insider following his appointment to succeed Bernard Marantelli. Former CCO Eva Karagianni-Goel will become the company’s...
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Thursday, 15th October 2020
UK gambling harm prevention charity GambleAware, has announced that it received £2.29m ($2.96m) in voluntary donations from the industry between April and September. The amount, covering the first...
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Thursday, 15th October 2020
Française des Jeux (FDJ) described “good momentum” for Q3 2020 as year-on-year the amount staked by customers increased by 6% overall, to €4.4bn ($5.16bn). This is up 63% from Q2...
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Thursday, 15th October 2020
The European Gaming and Betting Association (EGBA) has reiterated its commitment to ensure consumer protection.  The decision comes as a result of the return of strict coronavirus measures across...
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Thursday, 15th October 2020
The Michigan Gaming Control Board reported that in September, the monthly aggregate revenue for the three Detroit casinos was $87.9m. The casinos operated at 15% capacity due to the COVID-19 countermeasures....
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Thursday, 15th October 2020
Suncity Group Holdings has increased its stake in Summit Ascent Holdings after the operator acquired unsubscribed shares issued by Summit Ascent. The move cost $160m and increased Suncity’s shares...
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Thursday, 15th October 2020
Online gambling revenue in Great Britain continued to decline in August, according to Gambling Commission data. Data from the biggest operators representing 80% of the online market, showed online gambling...
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Thursday, 15th October 2020
Encore Las Vegas has announced that it will close throughout the week until consumer demand increases.  As of October 19, the casino will operate at a reduced capacity, and will close completely...
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Wednesday, 14th October 2020
Colossus Bets has announced the departure of its CEO Bernard Marantelli, who will be succeeded by current COO David O'Reilly. Eva Karagianni-Goel, previously Colossus Bets' CCO, will succeed O'Reilly...
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Wednesday, 14th October 2020
"The online gambling industry is taking over from the land-based industry to a large extent. I also think the online industry will, at a certain point in time, be bigger than the land-based industry ever...
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Wednesday, 14th October 2020
Kieran Trippier will miss England’s UEFA Nations League match with Denmark to attend a Football Association (FA) hearing into his alleged breach of betting rules.  It was announced on Tuesday...
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Wednesday, 14th October 2020
Scientific Games has announced that it has extended its online gaming partnership with BetMGM in the US. The supplier said the expansion of its partnership with the MGM Resorts International and GVC Holdings...
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Wednesday, 14th October 2020
China’s Standing Committee of the National People’s Congress is working to amend the criminal law to include more defined views on cross-border gambling activities. China News Service reported...
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Wednesday, 14th October 2020
Soo Kim, chairman of Twin River Worldwide Holdings (TRWH), has bought the rights to the Bally’s name for $20m. According to the New York Post, Kim plans to rebrand TRWH properties (11 casinos and...
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Wednesday, 14th October 2020
The Advertising Standards Authority (ASA) has upheld three complaints filed against Profit Accumulator Ltd, with the claims regarding a paid-for Facebook post and website text.  The complaints were...
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Wednesday, 14th October 2020
Novomatic has been awarded a licence to offer sports betting in Germany, through its subsidiary Admiral Sportwetten GmbH. The supplier said its operator brand, based in Schleswig-Holstein, is one of the...
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Tuesday, 13th October 2020
Gambling Commission CEO Neil McArthur says the financial sector can play an important part in reducing gambling harm. Referencing the Commission's ban on credit card gambling, implemented in April, the...
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Tuesday, 13th October 2020
DraftKings has joined the International Betting Integrity Association (IBIA) aimed at protecting the integrity of professional sports. The US-based fantasy and sports betting operator and supplier will...
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Tuesday, 13th October 2020
SkillOnNet has launched KnightSlots, an online casino brand that will be made available to players in regulated markets worldwide. The launch of KnightSlots will strengthen SkillOnNet’s position...
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Tuesday, 13th October 2020
Kangwon Land has announced it has reopened its casino to visitors, operating at a limited capacity. The VIP play can seat no more than 68 people, while slot machines and electronic tables have the...
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