× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine GGA 2017 AffiliateCon

Gambling News Archive

Friday, 29th December 2017
A Kenyan judge has ruled that the country’s controversial gambling tax increase has been delivered in a legal manner, resulting in SportPesa carrying out its threat of withdrawing football sponsorship. High...
READ MORE
Thursday, 28th December 2017
The original developers of the Bahamas’ new Baha Mar integrated resort is suing the Chinese contactor responsible for its construction, seeking over $2bn in damages. In a case lodged in the New York...
READ MORE
Thursday, 28th December 2017
Ireland’s finance minister has dismissed proposals to increase the current 1% tax rate on revenue paid by the country's betting operators in the wake of outcry from the industry. Paschal Donohoe, Irish...
READ MORE
Friday, 22nd December 2017
Online gaming company Cherry has announced it will exercise an option to purchase up to 100% of the shares in affiliate company Game Lounge Limited. Under the option, the purchase price for an additional...
READ MORE
Friday, 22nd December 2017
One of the gambling industry's longest running corporate mergers came to a head today when Australian lottery operator Tabcorp successfully began its merger with the Tatts Group. The commencement comes...
READ MORE
Friday, 22nd December 2017
Global gaming group GVC and UK bookmaker Ladbrokes Coral have now agreed a £4bn merger deal following months of speculation. Under the agreed deal, GVC has valued the firm at 160.9p a share, with additional...
READ MORE
Thursday, 21st December 2017
US-based Boyd Gaming Corporation has today announced it has entered into an agreement to acquire the Valley Forge Casino Resort in King of Prussia, Pennsylvania, for a fee of $280.5m. Valley Forge Casino...
READ MORE
Thursday, 21st December 2017
Shareholders of NYX Gaming Group meeting in Las Vegas yesterday overwhelmingly approved the $631m acquisition of the company by fellow gaming giant Scientific Games Corporation. In two separate votes...
READ MORE
Wednesday, 20th December 2017
Regulators from the Pennsylvania Gaming Control Board (PGCB) have confirmed that gross revenue from gambling at table games in Pennsylvania casinos during November 2017 was up 2.84% compared to November...
READ MORE
Wednesday, 20th December 2017
UK and Ireland sportsbook operator William Hill has announced the departure of current chairman Gareth Davis, with effect from 2 April 2018. Current Sports Information Services Limited (SIS) CEO, Roger...
READ MORE
Tuesday, 19th December 2017
A partnership between gaming developers Great Canadian Gaming Corporation and the Clairvest Group have been awarded a licence to operate and develop four casino properties in Toronto. The facilities,...
READ MORE
Tuesday, 19th December 2017
Online casino operator Mr Green has announced it has finalised an agreement to acquire Evoke Gaming and its associated gaming properties for €7m. Under the terms of the deal, Mr Green will pay an initial...
READ MORE
Tuesday, 19th December 2017
The Philippine Amusement and Gaming Corporation (PAGCOR) have announced the introduction of new rules prohibiting certain groups from entering its casinos, with the casino’s potentially facing severe...
READ MORE
Monday, 18th December 2017
Canadian investment firm, Pollard Equities Limited has announced it has reached an agreement with NYX Gaming Group and Scientific Games Corporation to support the proposed acquisition of NYX by Scientific...
READ MORE
Monday, 18th December 2017
American casino operator Penn National Gaming Inc has announced the agreement of a $2.8bn cash plus stock deal to acquire fellow gaming operator Pinnacle Entertainment Inc. Under the terms of the deal,...
READ MORE
Monday, 18th December 2017
After two years of patiently waiting, Novomatic AG’s acquisition of Ainsworth Game Technology is finally set to conclude at the beginning of 2018, on the 5 January. At the end of last week, Novomatic’s...
READ MORE
Monday, 18th December 2017
Gaming equipment manufacturer LT Game Ltd and two additional companies have agreed to pay IGT $800,000 to settle a dispute arising from a commercial deal signed in 2016. The deal, which was filed by LT...
READ MORE
Friday, 15th December 2017
Affiliate heavyweight Catena Media has announced the acquisition of troubled football and DFS website Squawka.com for an upfront fee of £1m. In addition to the upfront payment of £1m, the acquisition...
READ MORE
Thursday, 14th December 2017
Regulators from the Pennsylvania Gaming Control Board (PGCB) have issued fines totalling $1,167,000 against five casino operators in the state, following various violations. The largest of these fines...
READ MORE
Thursday, 14th December 2017
Amendments made to a bill passing through Michagan’s House Regulatory Reform Comittee (HRRC) could potentially see a legalised sports betting market in the state. Earlier this week, Rep. Brandt Iden’s...
READ MORE
Wednesday, 13th December 2017
According to a report published by the Gambling Commission, 12% of 11-16 year olds in the UK have spent their own money gambling in the past week. Although these figures are slightly disconcerting, the...
READ MORE
Wednesday, 13th December 2017
During the first two weeks of September, Macau’s casino operations have performed remarkably well in terms of local revenue growth. According to a report published by the International Bernstein Bank,...
READ MORE
Wednesday, 13th December 2017
The long running A$11.3bn merger saga concerning Australia’s two biggest lottery operators, Tabcorp Holdings and Tatts Group looks to be coming to a close after the Supreme Court of Victoria approved...
READ MORE
Wednesday, 13th December 2017
Back for its third year, the Japan Gaming Congress will be returning to Tokyo from May 10 -11 to host one of the largest events in Asia focusing on the gambling market. The event is designed to specifically...
READ MORE
Wednesday, 13th December 2017
Australian slot games developer Aristocrat Leisure Limited has announced the appointment of Julie Cameron-Doe as chief financial officer, succeeding current CFO Toni Korsanos. The company have confirmed...
READ MORE
Tuesday, 12th December 2017
A new three-way agreement has been reached between Canada’s Atlantic Lottery, IWG and Scientific Games in a move that’s set to relaunch the entire online instant win offering. The partnership will...
READ MORE
Tuesday, 12th December 2017
The governor of Nevada has announced that the current chairman of the Nevada Gaming Control Board, A.G. Burnett will leave his post on 22 December, to take up a new role at gaming law firm McDonald Carano...
READ MORE
Monday, 11th December 2017
UK gambling oversight body The Senet Group have announced that its current chairperson, Wanda Goldwag will step down at the end of the year. At the end of her three-year term of office, Goldwag will assume...
READ MORE
Monday, 11th December 2017
The Remote Gambling Association (RGA) has today urged the UK Government to introduce a statutory levy to replace the current system of voluntary funding for research, education, and treatment of problem...
READ MORE
Monday, 11th December 2017
Tribal leaders from the Mohegan and Mashantucket Pequot Tribes have penned a letter to Connecticut state officials stating that they want to be a part of any potential negotiations to open a new casino...
READ MORE
Monday, 11th December 2017
Northwest Indiana’s casinos posted positive, yet modest results for the month of November, up 1.3% from the same month a year prior. According to a report released by the Indiana Gaming Commission...
READ MORE
Monday, 11th December 2017
Global gaming heavyweights Scientific Games Corporation and NYX Gaming Group have announced that Sky Betting and Gaming has agreed to support their $631m merger. Updating the market, the companies confirmed...
READ MORE
Friday, 8th December 2017
Online casino operator LeoVegas has announced that its LeoVentures subsidiary has acquired a 51% majority stake in GameGrounds United AB, owner of the CasinoGrounds.com streaming website network. LeoVegas...
READ MORE
Friday, 8th December 2017
Galaxy Entertainment Group Ltd has announced plans to invest as much as $500m to build an integrated casino-resort in the Philippines. Galaxy and Leisure and Resorts World Corp are seeking regulatory...
READ MORE
Friday, 8th December 2017
The Wampanoag Tribe of Gay Head moved a step closer to building their first tribal casino development this week after the US Department of the Interior announced plans to place 15 acres of land into trust...
READ MORE
Friday, 8th December 2017
In a surprise announcement, Sarah Harrison has stepped down from her role as Chief Executive of the UK Gambling Commission (UKGC). She will leave her position at the end of February 2018 and take up a...
READ MORE
Friday, 8th December 2017
Brazil’s journey towards liberalising and legitimising its gambling market took another turn for the worse this week. The Constitutionally and Justice Committee (CCJ) has again delayed a vote on the...
READ MORE
Friday, 8th December 2017
American private investment firm Tracinda Corporation has announced it intends to sell 10 million shares in global casino operator MGM Resorts, for a total consideration of $338.9m. In a filing to the...
READ MORE
Thursday, 7th December 2017
The UK Governments’ Department for Culture Media and Sport (DCMS) has announced it will ban UK players from using third party betting sites to bet on the outcome of Euromillions lottery draws. Its decision...
READ MORE
Thursday, 7th December 2017
Casino revenue at South Korea’s foreigner-only casino operator, Paradise Co, announced a 3.9% year-on-year increase in casino revenue during the month of November. The results saw casino revenue rise...
READ MORE
Thursday, 7th December 2017
Global gaming group GVC Holdings has offered to buy UK-based Ladbrokes Coral, offering $5.2bn for the bookmaking group. GVC has valued the firm at 160.9p a share, with additional loan notes including...
READ MORE
Thursday, 7th December 2017
In a sudden change of heart, William Hill has now announced its support for the Scientific Games-NYX acquisition deal that it had previously sought to stop. Scientific Games and NYX Gaming Group have...
READ MORE
Wednesday, 6th December 2017
The state of Ohio will likely become the 19th US state to allow daily fantasy sports (DFS), following the passage of a bill legalising and regulating these contests to its Governor, John Kasich. House...
READ MORE
Wednesday, 6th December 2017
As New Jersey begins its appeal in the US Supreme Court, one of its congressmen has proposed a comprehensive gaming bill which would redefine sports betting in the US, should its appeal succeed. Democratic...
READ MORE
Wednesday, 6th December 2017
As the value of Bitcoin skyrockets to over $14,000, the Malta Gaming Authority (MGA) has called for companies to register their interest in Distributed Ledger Technology (DLT) and cryptocurrency future...
READ MORE
Wednesday, 6th December 2017
Gambling.com has announced the appointment of former Chief Executive of Cherry AB, Fredrik Burvall to its board, just in time for an M&A led future growth strategy. After more than eleven years at Cherry,...
READ MORE
Wednesday, 6th December 2017
Almost 70% of Portugal’s online players have gambled in unregulated sites, according to a recently-published study. A report commissioned by the Remote Gambling Association (RGA) has found that 68%...
READ MORE
Wednesday, 6th December 2017
Yggdrasil Gaming has announced it has extended its reach by stepping into the Danish market in a joint venture with the local operator Danske Spil. As part of the partnership agreement, Yggdrasil's titles...
READ MORE
Tuesday, 5th December 2017
LeoVegas has announced in a statement on its website that it will only be offering its services to a small number of affiliates in the United Kingdom, amidst regulatory changes. Back in September, LeoVegas...
READ MORE
Tuesday, 5th December 2017
Maltese licensed online gaming company Broadway Gaming Ltd has agreed to pay a £100,000 penalty package, following a UK Gambling Commission (UKGC) investigation which found it had failed to include “significant...
READ MORE
Tuesday, 5th December 2017
The UK Gambling Commission has announced the appointment of James Mackay as the new Executive Director. This position will see Mackay lead the next competition process for the licence of the UK National...
READ MORE
Tuesday, 5th December 2017
Swedish online gaming specialists Betsson AB have confirmed the appointment of Jesper Svensson to the position of CEO of Betsson's operational subsidiaries. Svensson, who has been with the Betsson group...
READ MORE
Tuesday, 5th December 2017
Sporting Solutions has announced the launch of its new vertical ‘Risk Management Services (RMS)’, in partnership with state-owned operator, Danske Spil as its first client. The industry market provisions...
READ MORE
Tuesday, 5th December 2017
UK-based casino chain Grosvenor Casinos have agreed to donate this weekend’s Fulham FC shirt sponsorship to the Fulham Football Club Foundation (FFCF), ahead of a charity match this weekend. The initiative...
READ MORE
Tuesday, 5th December 2017
It has been discussed widely for months, and it now seems the Greek Government is discussing the provision of casinos in well-known tourist destinations in the region, such as Crete, Santorini and Mykonos....
READ MORE
Tuesday, 5th December 2017
According to the Pennsylvania Gaming Control Board, slot machines at Pennsylvania’s 12 casinos produced approx $181.3m in revenue in November, an increase of almost $2m from the same period of a year...
READ MORE
Tuesday, 5th December 2017
The first full day of hearings at the Supreme Court into the New Jersey sports betting case concluded without a decision by the nine justices, however New Jersey Governor Chris Christie has told reporters...
READ MORE
Monday, 4th December 2017
Maltese affiliate network Catena Media have announced a deal to acquire German sports affiliate provider Baybets Ltd, for €26.5m. Under the terms of the deal Catena will pay a total consideration of...
READ MORE
Monday, 4th December 2017
The US Supreme Court will today commence oral arguments in a battle royale over the future of sports betting in the US, pitting over 20 states against some of Americas biggest sporting leagues. Known...
READ MORE
Monday, 4th December 2017
Australian online gambling companies have upped the ante on their lobbying attempts to block a 15% tax on digital betting in Victoria. Late last week, Queensland revealed that it would be the third state...
READ MORE
Friday, 1st December 2017
SportPesa have entered into an agreement with gaming solutions provider, Microgame, to support its expansion into the Italian market. Earlier this year, SportPesa acquired a majority shareholding in RCS...
READ MORE
Friday, 1st December 2017
Identity verification company, Jumio posted data showing that European online gambling fraud during Black Friday and Cyber Monday in 2017. The rate of fraud was 67% higher than the daily average for...
READ MORE
Friday, 1st December 2017
The Australian Competition and Consumer Commission (ACCC) has dropped its long standing opposition to the AU$11bn merger between Australian lottery operator Tatts Group and Tabcorp Holdings. This latest...
READ MORE
Friday, 1st December 2017
According to information posted by the Gaming and Inspection Bureau, Macau has come in ahead of analyst expectations, posting a 22.6% year-on-year increase in casino gross gaming revenue during the month...
READ MORE
Friday, 1st December 2017
It was announced today that Cherry has acquired an additional 12.5% of the shares in Highlight Games, bringing its overall stake in the company up to 37.5%. Earlier this year in May, Cherry spent £2.4m...
READ MORE
Friday, 1st December 2017
Connecticut Governor Dannel Malloy has filed a federal lawsuit in support of the legal action being taken by the Mohegan and Mashantucket Pequot tribes which are looking to build a third casino in East...
READ MORE
Friday, 1st December 2017
Nevada has exceeded expectations yet again with another record month for the US state. After a monumental betting handle of $558.4m in the month of September, October also surpassed the $500m mark. The...
READ MORE
Friday, 1st December 2017
Penn National Gaming has announced that is has entered discussion with rival casino owner, Pinnacle Entertainment over a possible purchase, with the aim to create a unified company with 45 properties in...
READ MORE
Friday, 1st December 2017
Ladbrokes has announced the launch of a new omni-channel wallet service that is set to go live across its network of more than 3,500 betting shops in the UK. Facilitated by the firm’s ‘The Grid’...
READ MORE
Friday, 1st December 2017
UK sports betting operator Betway has signed a three year contract extension to its existing sponsorship of snooker’s UK Championship for a period up to and including 2020. Considered as snooker’s...
READ MORE
Friday, 1st December 2017
It has been announced that Peter McNally, Deputy Chairman of the Hippodrome Casino, London, will retire at the end of this year after more than 50 years experience working in the UK Casino Industry, having...
READ MORE
PREMIUM CONNECTIONS