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Gambling News Archive

Wednesday, 30th November 2016
Keeping to its Q2 report, Intralot finalised the sale of an 80% stake in Intralot de Peru to Nexus Gaming for $68.7m. The deal was confirmed in May 2016. This is the latest in a string of sales and purchases...
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Wednesday, 30th November 2016
Mr Green has confirmed that the company has officially moved its main market listing from Sweden’s mid-size Aktie Torget, to floating on the bigger Nasdaq Nordic Market (Stockholm). Founded in 2007,...
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Wednesday, 30th November 2016
Shinzo Abe, Prime Minister of Japan, will need support from his Buddhist-backed coalition partner Komeito, a group of legislators whose ethical concerns on casinos have made them much more cautious about...
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Wednesday, 30th November 2016
Online gambling software outfit Playtech has announced its co-founder Teddy Sagi has sold 12% of its stake in the company, ahead of the 10% originally planned, for £329m. The company announced yesterday...
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Wednesday, 30th November 2016
26,500 accounts have been accessed after the UK national lottery provider was hacked. The provider has 9.5million accounts in total and noticed the data breach on Monday, downplaying the incident in an...
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Tuesday, 29th November 2016
PokerStars, subsidiary company of Amaya, is now the first company to be granted a casino and poker licence to operate its website in the Portuguese market. Portugal’s Serviços de Regulação e Inspeção...
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Tuesday, 29th November 2016
The National Betting Authority (EAS) has begun its crackdown on some 2,500 unlicensed online betting/gambling services, deemed to be targeting national consumers. The EAS told MPs that they are planning...
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Monday, 28th November 2016
Gaming content, software, and systems supplier, Playtech, has announced that Dr. Armin Sageder has been appointed CEO of Playtech BGT Sports. The new division brings together Playtech Sports companies...
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Monday, 28th November 2016
A nation-wide crackdown on online gambling in the Philippines has led to the detention of more than a thousand Chinese nationals, raising concerns from China’s Foreign Ministry and potentially straining...
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Monday, 28th November 2016
Stride Gaming updated the market with an announcement on its year end results. The operator attributes its 22% year-on-year net gaming revenue increase, from £39.3m to £47.8m, to organic growth throughout...
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Monday, 28th November 2016
Australia’s Olympic chief, John Coates has joined calls for the government to set up an AU$50m lottery to boost funding for sport and the arts, announcing he is “100% supportive” of the movement. Chairman...
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Monday, 28th November 2016
Ladbrokes Coral PLC, following the £2.3bn merger of Ladbrokes and Coral in November, are reported to be weighing up the possibility of a £2bn takeover of Australian operator Tapcorp Holdings. In an attempt...
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Friday, 25th November 2016
Online is the largest form of gambling in the UK market, according to the latest set of figures released by the UK Gambling Commission (GC). The statistics, covering the period between April 2015 and March...
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Thursday, 24th November 2016
Oddschecker and football betting data provider Football Form Labs have confirmed the extension of their current content partnership, following a successful year. Football Form Labs will continue to generate...
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Thursday, 24th November 2016
Industry supplier EveryMatrix has announced the appointment of Matthew Colledge as its new Group Chief Technology Officer (CTO). Colledge joins the company following a five year stint as CTO of sports...
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Wednesday, 23rd November 2016
The Advertising Standards Agency (ASA) concluded their investigation into Coral's Euro 2016 advert, which was ruled ‘misleading’ and banned by the authoritative body. This investigation was instigated...
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Wednesday, 23rd November 2016
UK National Lottery operator Camelot has now fixed its Apple iOS app, following nearly a month-long interruption, and has updated its customers informing them that the app is functioning correctly. The...
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Tuesday, 22nd November 2016
International Game Technology report a net loss of $2m in the third quarter results of 2016, reflecting $21m in primary non-cash foreign exchange losses. The report shows that the gaming and lottery supplier’s...
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Tuesday, 22nd November 2016
The digital sports content provider Perform Group have developed Watch&Bet, a live streaming service, for French iGaming operator Winamax SAS. Watch&Bet will supply Winamax with over 18,000 live sports...
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Tuesday, 22nd November 2016
William Hill is set to become the first gaming operator in Nevada to receive an eSports license to offer betting lines on video gaming competitors. Last week, the Nevada Gaming Control Board (GCB) approved...
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Tuesday, 22nd November 2016
The Australian Department of Foreign Affairs and Trade issued a statement announcing “the arrest of three Australian Crown employees on suspicion of gambling offenses” by Chinese authorities. One of...
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Tuesday, 22nd November 2016
A new sports betting start-up Bookee enters the market launching its unique swipe-to-bet app. In bringing its “Tinder for betting” concept to market, the app intends to make mobile betting "personal...
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Monday, 21st November 2016
UK Minister for Culture, Media & Sports Tracey Crouch has expressed her surprise at the Association of British Bookmakers boycott of last week’s “Commons All Party Group on Fixed-odds Betting Terminals...
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Monday, 21st November 2016
Daniel Sebag, CFO of PokerStars, announced during the Amaya’s Q3 earnings call that they would “block” Australian players if parliament passes a new online gambling legislation which will amend...
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Monday, 21st November 2016
Former Central Bureau of Investigation Director Ranjit Sinha has advocated the legalisation of sports betting and gaming. He argues these industries have a massive revenue generation potential, whilst...
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Monday, 21st November 2016
Nasdaq Stockholm’s Listing Committee has approved Mr Green & Co AB’s shares for listing on Nasdaq Stockholm. The approval is subject to various customary terms and conditions, including the approval...
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Friday, 18th November 2016
The two largest operators in the daily fantasy sports (DFS) industry have announced their agreement to merge. The pair are expected to finalise their merger, subject to regulatory approval, in the second...
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Friday, 18th November 2016
NYX Gaming Group has confirmed that Jeremy Thompson-Hill is to step down as CEO of its OpenBet division. Although Thompson-Hill is leaving his current role, the industry provider has stated that he will...
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Thursday, 17th November 2016
A bill to increase the regulation of pools, online daily fantasy sports and other forms of online gambling has been introduced to the Ohio senate. Republican Senator of West Chester, Bill Coley, introduced...
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Thursday, 17th November 2016
As a result of refocused promotional campaigns and marketing programs, Affinity Gaming reports a slight rise in operating income in the Q3 of 2016. The Las Vegas-based casino operator reported its strongest...
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Thursday, 17th November 2016
The Pennsylvania Gaming Control Board has approved fines totalling $82,500 against four casinos. Following a debate to establish new tax policies after the State’s Supreme Court declared the gaming law...
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Thursday, 17th November 2016
Metric Gaming will provide Sun Bets, owned by Tabcorp Holdings Limited and News UK, with end-to-end pricing for its golf markets. Sun Bets will receive pre-game prices across all Outright and Match markets,...
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Thursday, 17th November 2016
Innovative virtual sports developer Golden Race has received confirmation of certification from the National Gambling Agency of Romania (ONJN). The Malta-based company believes that the recently reformed...
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Thursday, 17th November 2016
Following an agreement between the Hong Kong Jockey Club (HKJC) and the UK Tote, UK customers of Betfred, Coral and Ladbrokes will be able to place bets on the Hong Kong’s huge pari-mutuel pools. Although...
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Wednesday, 16th November 2016
Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 68% year-on-year to $1.5 million. Pre-tax income grew by 569% to $1.4 million, with net income also increasing by 586%...
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Wednesday, 16th November 2016
The UK government is to consider giving Wales the power to ban Fixed odds betting terminals (FOBTs), also known as B2 machines, at its own discretion. The move comes after Wales Office Minister Lord Bourne...
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Wednesday, 16th November 2016
The European sports betting operator Unibet Group PLC is the first online gambling operator to integrate bank ID in Sweden. The Unibet and Maria brands will be the first to be integrated with Sweden’s...
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Wednesday, 16th November 2016
Event organiser of the London Affiliate Conference (LAC) 9-12 February 2017, iGaming Business (iGB), updated industry stakeholders that the LAC floor space has been fully booked faster than ever before....
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Wednesday, 16th November 2016
NYX Gaming Group closes Q3, ending 30 September 2016, with revenue of CAD $54.4m, 309% year-on-year increase, and an adjusted EBITDA of $14.5m up 209% year-on-year. The TSX-listed company attributed growth...
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Tuesday, 15th November 2016
Grosvenor Casinos, a subsidiary of Rank Group, has teamed up with Kambi to produce a new sportsbook for online and land-based players. The Grosvenor Sports brand have released their new sportsbook following...
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Tuesday, 15th November 2016
American Gaming Association President and CEO, Geoff Freeman, has released a formal statement outlining the industry body’s objective on working with the Donald Trump administration. Freeman claims that...
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Tuesday, 15th November 2016
After postponing the vote on a new draft of its gambling bill last month, another step has been taken by Brazil towards launching a regulated online gambling market, with the approval of SB 186/2014. Gambling...
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Tuesday, 15th November 2016
Cherry iGaming subsidiary PlayCherry Ltd has been granted a local licence for gaming operators from the UK gambling commission, permitting it to launch both sports betting and casino brands in the UK’s...
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Tuesday, 15th November 2016
Stockholm-listed European sports betting operator Betsson AB has detailed it has enlisted Nordic Investment banks’ DNB Markets in Norway and Swedbank in Sweden to arrange fixed income investor meetings...
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Monday, 14th November 2016
Former Chief Executive of Amaya, David Baazov, has offered to buy the Canadian online gambling company for C$3.48bn. Baazov, who already owns about 17.2 per cent of Amaya, expressed his intent to take-over...
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Monday, 14th November 2016
Genting Singapore Plc has announced that it is walking away from its casino joint venture on South Korea’s Jeju Island. The casino operator is selling its resort interests in order to focus on its Singapore...
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Monday, 14th November 2016
One of the 18 employees of Crown Resorts, a leading Australian casino company, who were arrested by the Chinese government in October has been released from detention. Jenny Jiang, who worked in administration...
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Monday, 14th November 2016
FTSE-listed bookmaker William Hill reported a 6% net revenue increase for the second half of the year, partially due to the online department performing well after having had a difficult year. The boost...
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Friday, 11th November 2016
The ink is dry on a deal between industry supplier NetEnt and Paddy Power to licence NetEnt’s content on the operator’s land-based gaming machines in the UK. The deal represents an extension of the...
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Friday, 11th November 2016
The Information Commissioner’s Office has warned 400 online gambling operators it believes are using personal data to promote their websites. The ICO is demanding these companies explain how they obtained...
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Friday, 11th November 2016
Sarah Harrison, The Gambling Commission Chief Executive, told gambling operators that it is vital that they begin “accelerating the pace” at which they put their customers’ welfare into account upon...
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Thursday, 10th November 2016
Yggdrasil Gaming has reported rapid growth for Q3, with revenue climbing 299% year-on-year to SEK21m. EBITDA for the period shot to SEK9.2m, compared to SEK1.9m in 2015, while EBITDA margin amounted to...
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Thursday, 10th November 2016
Rhode Island has voted for a new casino to be built in Tiverton, near the border with Massachusetts. The Rhode Island General Assembly decided on holding the November ballot back in March, and now the...
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Thursday, 10th November 2016
Australia’s federal government has implemented new legislation that will require online gaming operators active in the country to acquire local licences or they will face hefty fines. Earlier this year,...
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Thursday, 10th November 2016
Hong Kong-listed lottery provider AGTech has published its results for the nine months to 30 September 2016, reporting a 16% drop in revenue year-on-year to HK$149.8m The company cited reduced sales of...
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Wednesday, 9th November 2016
New Jersey voters were united on Tuesday in rejecting the proposal to build two more casinos in the state, in cities other than the declining Atlantic City. The troubled city will keep its forty year monopoly...
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Wednesday, 9th November 2016
International Game Technology Plc (IGT) announced the acquisition of assets, patents and other intellectual properties from Leap Forward Gaming Inc (LFG). This includes LFG’s picture-in-picture multimedia...
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Wednesday, 9th November 2016
According to bookmakers William Hill and Ladbrokes, Donald Trump’s victory is set to complete “the biggest upset in political betting history” after it was announced that the Republican candidate...
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Wednesday, 9th November 2016
FSB Technology has agreed to provide a new sports betting platform for Bruce Betting. FSB will supply the Irish bookmakers with mobile and online services, including in-play and pre-match odds trading...
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Wednesday, 9th November 2016
Nasdaq First North-listed company, LeoVegas, announced its third quarter report ending 30 September 2016 today. The company posted its highest ever revenue of €39.7 million, up 76% year-on-year. The...
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Wednesday, 9th November 2016
The third annual Summit of iGaming Malta is fast approaching, with more than 3,000 delegates expected to attend the conference, which takes place from Wednesday 16 to Saturday 19 November at the InterContinental...
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Tuesday, 8th November 2016
Digitain has recently launched a number of products alongside Mediatech Solutions in Spain, Xlivebet.com in Bosnia and FinBet in Kazakhstan. The company has continued expanding into new markets with the...
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Tuesday, 8th November 2016
bet-at-home has revealed a record earnings haul before interest, tax, depreciation and amortisation in the three months to September 30 which has helped to boost the overall development of the business. The...
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Tuesday, 8th November 2016
Casino operator Caesars Entertainment Corporation released its third quarter financial results, ending 30 September 2016, on Monday. The results did not include revenue from Caesars Entertainment Operating...
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Tuesday, 8th November 2016
Technology provider Comtrade Gaming announced that their G2S (Game to System) protocol stacks will be incorporated into Polish slot machine provider E-Fun's video slots from 2017 onwards. “With the recent...
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Tuesday, 8th November 2016
Software development company BetConstruct has now officially opened its office in Taichung, Taiwan in order to develop its Asian market. Lichun Hsiao, Head of the BetConstruct regional office in...
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Monday, 7th November 2016
A telephone client has bet £150,000 on Hillary Clinton to win the US Presidential Elections on Wednesday morning. After the FBI concluded its investigation into Clinton on Sunday night, the election...
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Monday, 7th November 2016
The SBC Awards shortlist has been finalised and sports betting companies are getting ready to recognise the best performing companies of 2016. Bet365 will have a chance to defend its Bookmaker of the Year...
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Monday, 7th November 2016
Whilst election betting in the U.S. is illegal, online forums and international operations wagering on Tuesday’s outcome have proliferated. According to Reuters, the 2016 Presidential race is now on...
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Monday, 7th November 2016
The Norfolk Island Gaming Authority (NIGA) is to be shut down by the Australian Government, after a report found it to be “barely viable” and failing to adequately meet its responsibilities as a regulator. The...
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Monday, 7th November 2016
SkyCity has enlisted Graeme Stephens, current Chief Executive Officer of Sun International, a casino resorts and entertainment company listed on the Johannesburg Stock Exchange, to be its new CEO. This...
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Friday, 4th November 2016
Industry supplier NYX Gaming Group has announced that it has been granted “unconditional registration” as a Class B Supplier from the Gaming Policy and Enforcement Branch (GPEB) in British Columbia....
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Friday, 4th November 2016
Releasing its trading update for Q3 2016, Paddy Power Betfair has reported a 25% increase in revenue year-on-year, rising to £404m. The group linked this increase to growth in sports betting, with a...
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Thursday, 3rd November 2016
The first skill-based slot machine in the country began taking wagers this week in Atlantic City. On Wednesday, Caesars Entertainment unveiled a machine with the “same casino economics” as a slot device...
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Thursday, 3rd November 2016
Scientific Games has reported a year-on-year revenue increase of 7%, or $48.4m, to $720m, in its Q3 2016 financial report. Revenue growth included an 81% increase in social gaming and a 22% increase in...
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Thursday, 3rd November 2016
In 2014, Phil Ivey lost his High Court case against the owners of London's Crockfords Club, who claimed the 10-time winner of the World Series of Poker tournament had cheated them out of £7.7m in a version...
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Thursday, 3rd November 2016
A promotional offer by Cozy Games-powered bingo site Big Bucks Bing has been banned by the Advertising Standards Authority for misleading customers. The ASA also warned Big Bucks Bingo to ensure that...
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Thursday, 3rd November 2016
William Hill is the most recent victim in a series of cyber attacks that have affected companies such as Twitter, Netflix and the Guardian newspaper in the previous month. The company apologised to their...
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Thursday, 3rd November 2016
William Marston, a Norfolk man trading as ‘Billie the Bookmaker’ has been sentenced to 12 months in jail for the sale of unauthorised decoders adapted to illegally access SIS encrypted sports channels...
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Thursday, 3rd November 2016
The Massachusetts Legislature has teamed up with gaming experts to explore the potential of legalising online gaming in the US state. A special commission, led by Senator Eileen Donoghue and Representative...
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Wednesday, 2nd November 2016
Two weeks ago, Paddy Power paid out 20 days early of polling day to those who bet on Hilary Clinton to win the upcoming Presidential election. This early pay out totalled approximately $1m, demonstrating...
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Wednesday, 2nd November 2016
Europe’s third largest betting firm, OPAP will revive plans to launch a video lottery terminals (VLTs) business. The Greek Organisation of Football Prognostics will now be able to move forward with the...
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Wednesday, 2nd November 2016
Releasing its report for the third quarter of 2016, Kambi Group plc announced an increase of 15% in revenue, €14.8 million, and revenue of €41.7 million for the January to September2016 period. Operating...
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Wednesday, 2nd November 2016
Unibet Group has reported record performance for the third quarter of 2016, with gross winnings revenue reaching a high of £142.3m, a year-on-year rise of 65%. Underlying EBITDA for the three months...
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Wednesday, 2nd November 2016
Golden Race has obtained a Class 4 Licence from the Malta Gaming Authority, after an extensive application process. The Malta-based company has specialised in virtual betting since 2006, and operate in...
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Tuesday, 1st November 2016
Only a couple of weeks ago, Sheldon Adelson was frustrated with Donald Trump’s “lack of focus” and misdirected attacks at fellow Republicans. However, the Las Vegas casino billionaire appears to...
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Tuesday, 1st November 2016
Scientific Games has extended its affiliation with South African casino and entertainment group Sun International. By signing its 12th contract it will continue to provide games, systems and table products...
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Tuesday, 1st November 2016
Sportech informed the market today that the sale of its Football Pools division will be called off. In September, Sportech announced it was in talks to sell the 93 year old sector to private equity firm...
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Tuesday, 1st November 2016
On Monday, Bloomberg reported that daily fantasy sports operators DraftKings and FanDuel are coming closer to reaching a merger deal. Their corporate governances are “hammering out” combined enterprise...
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Tuesday, 1st November 2016
Deutsche Bank is preparing to cash in on a $400m stake in Las Vegas gaming group Red Rock. The Financial Times reports it will give the bank a “boost” at a time of lingering concerns over the state...
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Tuesday, 1st November 2016
Macau’s casinos enjoyed a solid October, with gross revenue from games of fortune in the region climbing by 8.8% to 21.8bn patacas. October’s return represents the third month of growth in a row, with...
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Tuesday, 1st November 2016
Ladbrokes has finalised its 18 month long merger with Gala Coral, the new £2.3 billion combined entity will now be known as the Ladbrokes Coral Group and becomes the UK’s biggest retail bookmaker. Today...
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Tuesday, 1st November 2016
The £116 million acquisition of Talarius arcades by Novomatic Group which would see Novomatic taking control of 169 additional adult gaming centres, has been hit with an in-depth investigation over competition...
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Tuesday, 1st November 2016
Codeta has contracted with Authentic Gaming to offer its customers land-based live casino games for the first time. Players will be able to take part in games that are live-streamed from casinos across...
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Tuesday, 1st November 2016
England’s World Cup qualifying group has been subjected to claims of “suspicious betting”, after irregular patterns during Malta’s defeat to Lithuania three weeks ago were flagged up to FIFA. A...
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