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Gambling News Archive

Thursday, 28th February 2019
Wishmaker CEO Mihail Todorov speaks to Gambling Insider about the launch of the new company and helps to explain the concept behind it. First of all, can you tell Gambling Insider how your career led...
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Thursday, 28th February 2019
Eldorado Resorts’ total net revenue fell 1% to $2.83bn for 2018. Eldorado’s financial results for 2018 provided a mixture of positive and negative outcomes, although some of its competitors...
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Thursday, 28th February 2019
Turkish Football Federation (TFF) chairman Yildirim Demirören has resigned following the transfer of Turkey’s sole legal sports betting operator, Iddaa, to his company. Demirören Holding...
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Thursday, 28th February 2019
Mariusz Pudzianowski has bench pressed 290kg (640lb), deadlifted 415 kg and squatted 380kg. But the Polish icon was still taken aback by the size of ICE London 2019. At the event, Gambling Insider caught...
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Thursday, 28th February 2019
Horseracing might be facing bleak times in regards to its financial future, with Pontefract becoming the latest track to announce forced prize money reductions. The track has announced prize money has...
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Thursday, 28th February 2019
Global Gaming will implement a new action plan to balance its costs, despite increasing its revenue by 100% to SEK 915.9m ($99.6m) for 2018. Operating profit for the year was SEK 148.6m, a 22% increase,...
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Thursday, 28th February 2019
Labour’s shadow culture secretary, Tom Watson, has promised his party will limit online betting stakes if it gains power in Britain. Watson argued that Labour’s proposed rules would help tackle...
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Thursday, 28th February 2019
The American Gaming Association (AGA) has teamed up with the US Chamber of Commerce Foundation (USCCF) to compile data on corporate social responsibility (CSR) within the US gaming sector. The report...
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Wednesday, 27th February 2019
The PGA Tour has decided to be more lenient with its regulations towards gambling sponsorships. Gambling companies can now officially be considered for Official Marketing Partners (OMPs) on all of the...
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Wednesday, 27th February 2019
The NBA has announced its first-ever sports betting partnership with an Australian operator, signing with BetEasy. Owned by Stars Group, BetEasy will receive the right to use NBA official data and assets...
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Wednesday, 27th February 2019
The All-Party Betting & Gaming Group hosted a seminar in Parliament on Tuesday evening, asking a panel of experts if children are really gambling, and if they are, what needs to be done about it. On...
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Wednesday, 27th February 2019
MLB has agreed a multi-year partnership with Sportradar to help distribute its real-time game statistics around the world. The deal begins this season, giving Sportradar exclusive rights to MLB’s...
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Wednesday, 27th February 2019
GVC Holdings and Playtech have entered into a partnership lasting until 2025. As part of the deal, Playtech will provide its products to all GVC brands in both existing and new markets. Playtech BGT...
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Wednesday, 27th February 2019
Wynn Resorts has been issued with a $20m fine by the Nevada Gaming Commission. The punishment comes as a result of the company’s failure to report and investigate sexual harassment allegations against...
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Wednesday, 27th February 2019
Gambling.com has reported a 63% increase in revenue to €16.2m ($18.6m) for 2018. Of this growth, 37% was organic, while the affiliate network’s adjusted EBITDA excluding non-recurring costs...
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Tuesday, 26th February 2019
Peter Phillips, the Queen of the United Kingdom’s eldest grandson, has put forward the idea of "City Racing," which he has been building for five years. The project would involve pop-up horseracing...
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Tuesday, 26th February 2019
Gambling Insider caught up with Yggdrasil CEO Fredrik Elmqvist and Head of Studio Partnerships Stuart McCarthy at ICE London, to talk YGS Masters, European expansion and industry challenges. How successful...
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Tuesday, 26th February 2019
Dutch gaming regulator, the Kansspelautoriteit (KSA), has imposed a fine of €400,000 ($454,000) on 1XBet for operating in the Netherlands without a license. More specifically, the KSA’s fine...
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Tuesday, 26th February 2019
Delaware sports betting revenue fell 36% from its total in December 2018 to $1.6m in January 2019, with the amount wagered falling $4.1m (25%). In December, Delaware Park took $10.7m in sports wagers,...
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Tuesday, 26th February 2019
Caesars Entertainment has reached a multi-year, multi-state agreement to offer DraftKings market access for its online gaming products. In return, Caesars will receive an equity stake in the sports betting...
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Tuesday, 26th February 2019
The Swedish Gambling Authority has approved LeoVegas-owned Pixel Digital Ltd a five-year gambling license, for both online casino and sports betting. This is the second license LeoVegas Group has been...
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Tuesday, 26th February 2019
Chris Thomas, Managing Director EMEA, Emailage Corporation, spoke to Gambling Insider at this year’s ICE London about how a player’s level of risk can be worked out purely through tracking...
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Monday, 25th February 2019
Activist investor Carl Icahn has proposed Affinity Gaming CEO Anthony Rodio as Mark Frissora’s successor at Caesars Entertainment. A Reuters report suggests Icahn, who confirmed purchasing a stake...
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Monday, 25th February 2019
A merger between the Remote Gambling Association (RGA) and the Association of British Bookmakers (ABB) is being discussed, Gambling Insider understands. A source close to the RGA has confirmed talks are...
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Monday, 25th February 2019
Skill-based slot machines and wagering on esports may have made global headlines in the last year, but the gaming industry is yet to fully adopt these new ways to play, according to Nevada’s lead...
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Monday, 25th February 2019
Churchill Downs‘ proposed deal that would see it become the majority owner in Rivers Casino in Des Plaine has taken a step closer to completion. Churchill Downs is expected to pay around $326m in...
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Monday, 25th February 2019
At ICE London, Pragmatic Play Chief Business Development Officer, Yossi Barzely, spoke with Gambling Insider about the company's new products and the challenges involved with branching into new areas. What...
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Monday, 25th February 2019
SportCaller, the free-to-play sports game provider, has announced a partnership with US operator FanDuel. As part of the deal, SportCaller will release a series of games on its light-to-deploy platform...
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Monday, 25th February 2019
If you were at ICE London this year, you couldn't have missed Stand N7-440, where Ganapati put on an unmissable display of Japanese culture. Part of that display was the presentation of Japanese-themed...
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Friday, 22nd February 2019
Fortuna Entertainment Group CEO Per Widerström and ICA Handlarnas Förbund CFO Göran Blomberg have been nominated to join the Catena Media board. Ahead of the affiliate giant’s 2019...
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Friday, 22nd February 2019
Minister for Sport and Civil Society, Mims Davies, wants to introduce a ban on 16 and 17-year-olds being able to purchase scratchcards in Britain. The law currently allows anyone above 16 to purchase...
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Friday, 22nd February 2019
Webis Holdings has been issued with a two-year license extension in California. The license was issued by the California Horse Racing Board, after a three-month extension was approved back in November. The...
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Friday, 22nd February 2019
Boyd Gaming has reported revenues of $2.63bn for 2018, a 10% increase from 2017’s results. Income for the period was $115m, or $1 per share, a 40% fall. The operator’s financial report shows...
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Friday, 22nd February 2019
Golden Nugget's Atlantic City online sportsbook is now live and available on mobile devices. Patrons of GoldenNuggetCasino.com are now able to place bets on their computers and through Android and iOS...
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Friday, 22nd February 2019
MGM Resorts International has announced Chief Financial Officer Dan D’Arrigo has resigned from his position. D’Arrigo spent more than two decades with the casino operator but has chosen to...
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Friday, 22nd February 2019
Caesars Entertainment has reported a 3% increase in full-year net revenues to $8.39bn for 2018. The operator firstly included results based on GAAP (General Accepted Accounting Practices), which did not...
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Thursday, 21st February 2019
GambleAware has unveiled its latest campaign to help prevent those who suffer from gambling addiction in Great Britain. It is the largest-ever campaign the organisation has produced, designed to raise...
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Thursday, 21st February 2019
Scientific Games has reported a 9% increase in full-year revenue, to $3.36bn, during 2018. However, the supplier’s net loss grew 45% during the period, to $352.4m. This is explained by costs including...
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Thursday, 21st February 2019
Gambling Insider caught up with Playtech CEO Mor Weizer following the announcement of the company's 2018 full-year financial results. The supplier's revenue increased 54% to €1.24bn ($1.4bn),...
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Thursday, 21st February 2019
As it seeks to expand its understanding of the issue, the Gambling Commission will be requesting information from gambling operators and financial institutions on credit card gambling in Great Britain. In...
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Thursday, 21st February 2019
North Dakota’s House of Representatives has passed legislation to approve sports betting, hours after deciding to reject it. The proposed bill originally fell two votes short of the 48 needed but...
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Thursday, 21st February 2019
A tailored, new experience has hit the gambling industry. Pros provide their tips to punters who can match or lay their tips all through one platform. These so called “Bet Requests” are fed...
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Thursday, 21st February 2019
Playtech has reported a 54% growth in full-year revenue to €1.24bn ($1.4bn) during 2018. The supplier was able to offset decline in Asia through the acquisition of Italian firm Snaitech, while adjusted...
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Wednesday, 20th February 2019
When Gaming in Holland Founder Willem van Oort spoke to Gambling Insider in October, he described Dutch gaming law as being in a state of "mild chaos." So you can imagine his surprise when the Dutch Senate...
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Wednesday, 20th February 2019
Kentucky lawmakers have taken the first step towards legalising sports betting, approving House Bill 175. The bill was approved on Wednesday by a legislative committee and would ultimately make it legal...
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Wednesday, 20th February 2019
Caesars Entertainment has responded to Carl Icahn’s request to represent the company on the board, following his filing on the Securities and Exchange Commission. Activist investor Icahn confirmed...
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Wednesday, 20th February 2019
The DC Council has awarded exclusive rights for mobile sports betting to Intralot in Washington DC. A majority vote passed Bill 23-25, despite three Council members expressing their concern. Intralot...
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Wednesday, 20th February 2019
Crown Resorts has reported normalised earnings of AU$194.1m ($138.9m), a rise of 1% year-on-year, in its half-year report ending 31 December 2018. The operator announced normalised EBITDA of AU$418.8m...
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Wednesday, 20th February 2019
Activist investor Carl Icahn has confirmed the purchase of a 10% stake in Caesars Entertainment. It was reported last Saturday the billionaire had acquired shares in the operator, with Tilman Fertitta...
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Tuesday, 19th February 2019
The Dutch Senate has approved the Remote Gaming Bill, two and a half years after the bill was passed in the House of Representatives. The legislation will regulate online gaming, currently illegal in...
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Tuesday, 19th February 2019
Better Collective grew its revenue by 54% to €40.5m ($45.8m) in 2018, in line with company expectations. EBITA before special items increased 47% to €16m; special items, IPO and M & A cost...
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Tuesday, 19th February 2019
Operator 888 has acquired a portfolio of Jet’s digital bingo brands to strengthen its position within the UK online bingo market. For a fee of £18m ($23.3m), 888 has purchased several brands...
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Tuesday, 19th February 2019
The week before ICE London 2019, Colossus Bets broke the news it had been issued with a totalisator license by the Oregon Racing Commission. Gambling Insider was to find out at the event itself this was...
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Monday, 18th February 2019
The Bureau of Internal Revenue (BIR) says Philippine offshore gaming operators must register with the department before starting their business, according to the Manila Bulletin. The BIR has also requested...
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Monday, 18th February 2019
Gambling Insider spoke exclusively with Blueprint Gaming Managing Director, Matt Cole, at ICE London, discussing the company’s recent acquisition of Project and its ambitions for 2019. Why is ICE...
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Monday, 18th February 2019
Dutch senators will vote on whether to allow online gambling within the Netherlands on Tuesday, leading to a surge of interest from hundreds of companies. The vote was originally meant to take place last...
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Monday, 18th February 2019
The New Jersey Division of Gaming Enforcement (DGE) has granted NetEnt a permanent Casino Service Industry Enterprise license. Since 2015, NetEnt has been providing games in New Jersey under a transactional...
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Friday, 15th February 2019
Delaware saw $7.4m in online gaming handle during January, generating $279,000 in revenue. The figures show a considerable year-on-year increase from January 2018, when a total of $4.5m was wagered, leading...
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Friday, 15th February 2019
Police in Malaysia have arrested 1,035 individuals for illegal gambling during the Chinese New Year period, according to local online newspaper, The Star. The Senior Assistant Commissioner of the Bukit...
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Friday, 15th February 2019
The Department of Justice (DoJ) is facing opposition from the New Jersey Senate over its recent reinterpretation of the Federal Wire Act. In January, the DoJ reversed its September 2011 opinion, which...
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Friday, 15th February 2019
UK bookmakers have opted to trial the new £2 ($2.56) stake limit for fixed-odds betting terminals (FOBT) in betting shops across Birmingham next month, in preparation for the upcoming law change...
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Thursday, 14th February 2019
Evolution Gaming increased its operating revenues by 38% to €245.4m ($287.5m) in 2018. Rising to €107.7m, EBITDA grew by 34% for the supplier, with profit for the period amounting to €83.5m...
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Thursday, 14th February 2019
Sports betting in New Jersey enjoyed its most active month to date in January, with $385.2m wagered during the first month of 2019. The New Jersey Division of Gaming Enforcement has released its financial...
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Thursday, 14th February 2019
Financial Report MGM Resorts International saw its consolidated net revenues grow by 9% in 2018, to $11.8bn. However, Las Vegas Strip resorts net revenues decreased 1%, while regional operations net...
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Thursday, 14th February 2019
Following Betsson’s announcement 2018 group revenue increased 15% to SEK 5.41bn ($580m), full round-up here, Gambling Insider caught up with CEO Pontus Lindwall for an exclusive chat about the operator’s...
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Thursday, 14th February 2019
Paddy Power Betfair has announced it will be contesting recent tax assessments regarding its time operating the Betfair Exchange in Germany and Greece. The Hessen Fiscal Court’s assessment found...
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Thursday, 14th February 2019
Betsson bounced back from the "turbulence" the operator suffered in 2017 by reporting a 15%  increase in 2018 group revenue, to SEK 5.41bn ($580m). Of this growth, 11% was organic, while operating...
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Wednesday, 13th February 2019
SportPesa has finalised its title partnership agreement with Formula One team Racing Point. Announcing the news at the Canadian International Auto Show, the team will now be called SportPesa Racing Point...
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Wednesday, 13th February 2019
Following Kambi’s announcement of revenue increasing 22% to €76.2m ($86.3m) for 2018 (full round-up here), Gambling Insider caught up with CEO Kristian Nylén to discuss the supplier’s...
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Wednesday, 13th February 2019
Gaming and Leisure Properties has announced a 9% year-on-year revenue increase to $1.05bn for 2018. However, net income for the full year fell 11% to $339.5m, while funds from operations dropped 3% to...
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Wednesday, 13th February 2019
UK horseracing is finally back underway after what has been a rather dramatic six days for the sport and, of course, the betting industry. Following three of Donald McCain’s horses testing positive...
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Wednesday, 13th February 2019
The company owned by the Turkish Football Federation Chairman, Yildirim Demiroren, has put in the highest bid to operate the country’s sole betting company, Iddaa. According to NTV, Demiroren Holding...
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Wednesday, 13th February 2019
In the fourth quarter of 2018, 83 cases of suspicious betting were reported by the international betting integrity body, ESSA (Sports Betting Integrity).   This brings the annual total to 267 cases,...
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Wednesday, 13th February 2019
As legal sports betting draws closer to reality in New York, the state’s residents are yet to form a majority opinion on online wagering. A Siena College Research Institute survey shows 44% of voters...
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Wednesday, 13th February 2019
Operator Kindred Group (formerly Unibet Group) has reported gross winnings revenue of £907.6m ($1.16bn) for 2018, an increase of 21%. Underlying EBITDA also rose by 10% to £203.7m, while profit...
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Wednesday, 13th February 2019
Cherry AB has confirmed the sale of approximately 98% of its total shares to European Entertainment Intressenter, while at the same time reporting heavy revenue and EBITDA increases during 2018. EE Intressenter...
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Wednesday, 13th February 2019
Playtech BGT Sports has extended its long-term sportsbook partnership with Codere, running until late 2022. The new agreement covers both its retail presence and online facilities across Spain, Mexico,...
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Wednesday, 13th February 2019
Shares in Kambi were up 3% to SEK 208 ($22.50) this morning, after the supplier announced a 22% revenue increase to €76.2m ($86.3m) for 2018. Operating margin was 16.7%, up from 12.4%, while result...
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Wednesday, 13th February 2019
A drive to protect children from online gambling marketing is the focus of the Committees of Advertising Practice’s (CAP) new standards.  CAP writes and maintains the UK’s Advertising...
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Tuesday, 12th February 2019
A bipartisan group of lawmakers are attempting to bring licensed online casinos to West Virginia. Sports betting was legalised in the state 11 months ago and now a group of lawmakers, led by Delegate...
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Tuesday, 12th February 2019
LeoVegas has decided to push back its financial targets to 2021, despite its consolidated revenue growing 51% year-on-year to €327.8m ($369.9m) in 2018. Full-year gross profit also grew 45% to €235.5m,...
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Tuesday, 12th February 2019
NetEnt’s full-year revenue rose 9% year-on-year to SEK 1.7bn ($192m) in 2018. The supplier also reported EBITDA of SEK 816m, an increase of 10%, with an EBITDA margin of 46%. Operating profit/EBIT...
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Tuesday, 12th February 2019
Horseracing will resume in the UK after an outbreak of equine flu forced a six-day shutdown. The British Horseracing Authority (BHA) announced last night that a risk-managed return to racing will take...
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Monday, 11th February 2019
A bill that would authorise sports betting online and on excursion gambling boats has been introduced in Missouri. Proposed by Senator Denny Hoskins, the bill, currently titled SB 44, requires bettors...
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Monday, 11th February 2019
Stride Gaming has confirmed "recent press speculation" and is reviewing all strategic options to "maximise value for its shareholders." The Sunday Times yesterday reported the online bingo specialist...
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Monday, 11th February 2019
Legislation in Brazil has been proposed which would allow states to build casinos based on their population. Paulo Azi, a member of the Brazilian Democrats, has submitted a bill which could lead to 32...
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Monday, 11th February 2019
Four new tests for equine flu have been returned positive in Newmarket. Horseracing in the UK is on hold until at least Wednesday while the British Horseracing Authority (BHA) tests horses nationwide. However,...
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Monday, 11th February 2019
Gaming Innovation Group (GIG) has reported a 26% year-on-year increase in full-year operating revenue to €151.4m ($171m). Over the course of 2018, GIG also increased its EBITDA by 28% to €16.1m. During...
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Friday, 8th February 2019
Gambling revenue in Ohio  increased 3% year-on-year to $140.7m for January, according to the state's Casino Control Commission. The increase was due to racinos, which saw revenue increase 7%...
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Friday, 8th February 2019
Horseracing in the UK will not resume until Wednesday next week at the earliest, following an outbreak of equine flu. The British Horseracing Authority made the announcement this morning, after suspending...
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Thursday, 7th February 2019
The Gambling Commission has announced will be introducing new rules which online operators will have to follow to prevent problem gambling.  Under the new rules, operators will need to confirm customers'...
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Thursday, 7th February 2019
NetEnt and Parx Casino have agreed a deal ahead of the launch of the regulated online casino market in Pennsylvania. When the market opens, NetEnt will be offering its portfolio of slot and table games...
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Thursday, 7th February 2019
Scientific Games has partnered with National Lottery Bulgaria to launch a series of online slot games. The company is continuing to build its presence in regulated European gaming markets, and will...
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Wednesday, 6th February 2019
DraftKings CEO Jason Robins says customer demand made it “very clear very quickly” the operator needed to enter the casino market. Back in September, Robins was quoted as saying: "I think...
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Wednesday, 6th February 2019
In a world where data is playing more of a part than ever, can the gaming sector do more to embrace data analytics? Polymatica CEO Mark Hinds spoke exclusively to Gambling Insider to answer this very...
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Tuesday, 5th February 2019
The Nevada Gaming Control Board (NGCB) released figures showing $145.9m was bet on this year’s Super Bowl at the state's 200 sportsbooks. This was a decrease from last year’s total of $158.6m....
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Tuesday, 5th February 2019
Kambi has signed a multi-year agreement to relaunch Mybet in Germany. Following the insolvency of its previous owner, Mybet Holding SE, the sportsbook was withdrawn from the market last year, after 15...
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Monday, 4th February 2019
Industry companies are celebrating success, after the winners of the Global Gaming Awards London 2019 were revealed Monday. The second Global Gaming Awards London took place at an esteemed afternoon tea...
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Monday, 4th February 2019
Sky Bet and Bet365 will attempt to increase the speed of their in-play products by launching a Fast Player Statistics Feed. The feed, developed by sports content provider Perform, will allow the operators...
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Friday, 1st February 2019
Total gaming revenue in Nevada rose 3% year-on-year to $11.92bn for 2018. Some categories, such as three-card poker and five-cent machines, saw year-on-year drops in revenue of between 6% and 8%. However,...
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