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Gambling News Archive

Friday, 28th February 2020
Harald Neumann has resigned from his position as Novomatic CEO. Moving into the CEO role with the supplier in 2014, Neumann now leaves citing family reasons, with the board having accepted his signature. He...
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Friday, 28th February 2020
William Hill has enjoyed a busy few days of news – understandably so given it was the week the operator reported its full-year results for 2019. It was also indirectly involved with a story involving...
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Thursday, 27th February 2020
Flutter Entertainment and Stars Group, who are scheduled to merge this year, both posted full-year revenue increases for 2019. Flutter announced a year-on-year revenue increase of 14% for 2019, up to...
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Thursday, 27th February 2020
Mr Green, owned by William Hill, has been ordered to pay £3m ($3.8m) to the National Strategy to Reduce Gambling Harms, as part of the Gambling Commission’s investigation into online casinos. The...
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Thursday, 27th February 2020
Galaxy Entertainment Group has reported a 6% year-on-year net revenue fall for 2019, to HK$51.9bn (US$6.66bn). Full-year adjusted EBITDA also fell 2% to HK$16.5bn, while full-year net profit was down...
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Thursday, 27th February 2020
Playtech saw revenue of €1.5bn ($1.64bn) for the full year 2019, a rise of 22% year-on-year. Adjusted EBITDA for the period was €383.1m, up 11%. Due to a series of discontinued costs, impairment...
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Wednesday, 26th February 2020
More than 100 former employees of FanDuel have filed a lawsuit against private investors, accused of cheating them out of money owed following the company's sale to Paddy Power Betfair. The lawsuit, filed...
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Wednesday, 26th February 2020
In an annual gambling participation report released by the Gambling Commission, the percentage of participants who had engaged in mobile gambling in Great Britain over a four-week period was found to have...
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Wednesday, 26th February 2020
Following William Hill's FY 2019 trading update, where it reported a 2% year-on-year fall in group revenue to £1.58bn ($2.05bn), Gambling Insider caught up with CEO Ulrik Bengtsson. The first...
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Wednesday, 26th February 2020
Balancing compliance with regulation and using new technology to develop their products is a challenge facing operators, according to a Worldpay executive. Commercial Development VP of Gambling, Global...
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Wednesday, 26th February 2020
The Association of European Professional Football Leagues (European Leagues) has extended its partnerships with data providers Genius Sports, Sportradar and Stats Perform. The original partnerships were...
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Wednesday, 26th February 2020
William Hill has reported a 2% year-on-year fall in full-year net revenue for 2019, to £1.58bn ($2.05bn). Despite the drop, the operator has labelled 2019 a "well-executed year of transition," with...
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Tuesday, 25th February 2020
KN Paradise Cam Ranh is looking to partner with international operators to develop a casino complex for its integrated resort (IR) in Vietnam. The company has recently had an investment certificate approved...
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Tuesday, 25th February 2020
BetMGM, part of the Roar Digital joint venture between GVC Holdings and MGM Resorts International, has secured approval to launch mobile sports betting in Indiana. BetMGM received a temporary vendor license...
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Tuesday, 25th February 2020
Sports betting in Washington has taken one more step towards being legalised at tribal casinos, after a bill was passed by the Senate Labor and Commerce Committee. House Bill 2638 now moves forward to...
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Tuesday, 25th February 2020
Andrew Lyman, Executive Director of HM Government of Gibraltar – Gambling Division, believes that rather than damaging Gibraltar’s gambling industry, Brexit will allow the jurisdiction to grow...
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Tuesday, 25th February 2020
LeTou CEO Paul Fox believes betting revenue in Asia could be "on a par with the Fifa Football World Cup final" if the Chinese men's basketball team plays the USA at the Tokyo Olympics this summer. Two...
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Monday, 24th February 2020
Colossus Bets CEO Bernard Marantelli believes that for the cash-out feature to improve it should move into other areas, having been a dominant feature of sports betting for many years now. Combined with...
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Monday, 24th February 2020
Scientific Games and Golden Nugget have agreed to expand their online gaming partnerships in a new multi-state and multi-product agreement.  Building on an existing long-term partnership, Scientific...
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Monday, 24th February 2020
Josh Jolliffe, Sales Director – Europe and Africa at Genius Sports Media, believes operators should focus on creating loyalty among customers to combat churn during this summer’s Uefa European...
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Friday, 21st February 2020
Alberto Garzón, Minister of Consumer Affairs for Spain, has outlined plans to restrict gambling advertising in the country. Garzón is a member of the Unidas Podemos political party which...
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Friday, 21st February 2020
Gavin Hamilton, CEO of Red Tiger Gaming, has become the COO of NetEnt Group to focus on bringing product and commercial business units from both companies into one organisation. The move will allow for...
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Friday, 21st February 2020
Boyd Gaming has reported a 27% year-on-year rise in revenue for 2019. In its full-year results, revenue for the year ending 31 December was up to $3.33bn, while net income improved 37% to $157.6m. Adjusted...
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Friday, 21st February 2020
It is almost needless to remind you all of the precarious time facing operators in the gambling industry right now, especially in key markets like the UK and Sweden. The situation is such that one of our...
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Thursday, 20th February 2020
888Poker has announced the continuation of its sponsorship of the World Series of Poker (WSOP) for the sixth consecutive year. The poker series will host players at the Rio All-Suite Hotel & Casino...
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Thursday, 20th February 2020
Global Gaming revenue was SEK 412.1m ($42m) for the full year 2019, a decrease of 55% year-on-year. Operating loss was SEK 118.7m, a fall in profit of 180%, while cash flow from operations for the year...
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Thursday, 20th February 2020
Payment solutions should focus on benefiting the operators they work with rather than just making money, according to the Co-Founder of MuchBetter. MuchBetter, the payments solution which has been operational...
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Thursday, 20th February 2020
DraftKings has expanded its mobile and online sports betting offering into Iowa after launching its sportsbook app in the state. Before players are able to bet on the app, state law requires them to register...
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Wednesday, 19th February 2020
Despite having the necessary tools, more support needs to be given by operators when it comes to player protection in gambling, according to the Founder of Gamban. Gambling blocking software supplier...
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Wednesday, 19th February 2020
Better Collective’s revenue grew by 67% to €67.4m ($72.8m) for 2019. Organic revenue growth was 26%, while EBITA before special items grew by 69% to €27.2m. The EBITA margin before special...
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Wednesday, 19th February 2020
Scientific Games has reported a 1% year-on-year rise in revenue, after suffering a fall for Q4. Revenue for the 12 months through to 31 December increased to $3.4bn, while net loss improved by $234m down...
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Wednesday, 19th February 2020
Crown Resorts revenue was AU$1.46bn (US$977.8m) for the six months ending 31 December 2019, down 5% year-on-year. The operator saw profit of AU$172.7m, a drop of 11%, while EBITDA was AU$381.3m, down...
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Tuesday, 18th February 2020
Catena Media’s total operating revenue for Q4 2019 is set to fall 1% year-on-year to €26.6m ($28.7m), projections for the company have indicated. The forecasting initially indicated €27.1m...
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Tuesday, 18th February 2020
IMG Arena has secured the rights to provide US sports betting operators with live streams of select out-of-market National Hockey League (NHL) games. The live streams will be available via operators’...
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Tuesday, 18th February 2020
Gaming Innovation Group (GiG) has announced a year-on-year revenue decrease of 26% for Q4 2019, down to €29.4m ($31.7m). For the full year 2019, GiG also saw revenue fall 23% to €123m. While...
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Tuesday, 18th February 2020
Operator Triplebet, which runs the Matchbook sports betting exchange, has accepted the Gambling Commission’s temporary suspension of its license in Great Britain, following a two-year review. Gambling...
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Monday, 17th February 2020
Gamban has announced a partnership with Lloyds Banking Group, which will provide customers of Lloyds, Bank of Scotland and Halifax access to its gambling blocking system. Integration of blocking software...
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Monday, 17th February 2020
William Hill has appointed Adrian Marsh as its next CFO, while he will also join the board as an executive director later this year. Marsh will join from DS Smith, where he has been Group CFO for the...
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Monday, 17th February 2020
Betfred has been announced as the official sponsor of the heavyweight fight between Deontay Wilder and Tyson Fury this Saturday. The clash, referenced in boxing as the ‘biggest fight of the year,’...
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Monday, 17th February 2020
DraftKings CEO Jason Robins intends to keep SBTech’s senior management figures at the company once the two firms have merged, although he admits it is as much up to them as DraftKings’ side...
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Monday, 17th February 2020
Operations in casinos across Macau are set to continue from 20 February, after authorities imposed a two-week closure earlier this month due to fears over the coronavirus. The 15-day suspension, which...
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Monday, 17th February 2020
SportPesa’s partnership with Everton FC will end following the conclusion of the current English Premier League football season. The operator agreed to a five-year deal back in 2017, but the company...
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Friday, 14th February 2020
LeoVegas revenue was €87.1m ($94.4m) for Q4 2019, a rise of 3% year-on-year. EBITDA was €14.5m, an increase of 79%. The operator reported a 7% rise in the number of its depositing customers...
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Friday, 14th February 2020
GVC Holdings-owned Ladbrokes Australia and Neds have been hit with a New South Wales record fine of AUS$207,500 (US$139,300) for offering illegal gambling inducements to residents in the state. An investigation...
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Friday, 14th February 2020
Scientific Games and William Hill have agreed to extend their partnership for an additional four years through 2024.  Scientific Games will continue to provide its sports betting technologies to...
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Friday, 14th February 2020
Gaming Innovation Group (GiG) has agreed to sell its B2C assets to operator Betsson for an initial fee of €31m ($33.6m). The fee consists of €22.3m in cash payments, plus a pre-paid platform...
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Friday, 14th February 2020
More than one year on from Swedish re-regulation and it would be an understatement to say the market has experienced a few growing pains. Issues in Sweden were a main feature in quarterly results for...
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Thursday, 13th February 2020
The Gambling Commission is considering limiting the maximum stake allowed on online casino games to £2 ($2.61), the CEO Neil McArthur has revealed. A decision on whether to introduce a limit is...
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Thursday, 13th February 2020
Svenska Spel generated Q4 2019 revenue of SEK 2.48bn ($256.7m), a rise of 4% year-on-year. However, operating profit was SEK 667m, a drop of 46%, which was primarily attributed to gaming tax introduced...
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Thursday, 13th February 2020
Française des Jeux (FDJ) has announced a revenue increase of 9% year-on-year for 2019, to €1.96bn ($2.12bn). Bets wagered also increased 9% to €17.24bn, while EBITDA rose 9% to €346m....
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Thursday, 13th February 2020
Wednesday was jokingly dubbed "national Sweden day" in the Gambling Insider office, as Kambi, Evolution Gaming, NetEnt, Betsson and Kindred Group all posted their Q4 and FY trading updates within 24 hours...
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Thursday, 13th February 2020
Tobias Fagerlund, CEO of Global Gaming, believes the Swedish Gambling Authority (SGA) needs to urgently address channelisation rates in the Swedish market. Speaking with Gambling Insider at ICE London...
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Thursday, 13th February 2020
Betsson saw revenue of SEK 1.29bn ($134m) for Q4 2019, a decrease of 10% year-on-year. Casino revenue also fell by 10%, while sportsbook revenue dropped by 9%. The operator's full-year revenue for 2019...
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Thursday, 13th February 2020
MGM Resorts International has announced Chairman and CEO Jim Murren is stepping down. Murren took the role of CEO in 2008, having joined MGM in 1998, and was instrumental in the development of CityCenter,...
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Wednesday, 12th February 2020
The Swedish Gambling Authority (SGA) has rejected Viral Interactive’s application to add Ninja Casino to its current license. Global Gaming, a marketing partner of Viral Interactive, had transferred...
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Wednesday, 12th February 2020
NetEnt’s Q4 revenue amounted to SEK 512m ($53.2m) for 2019, a rise of 10% year-on-year. EBITDA was SEK 261m, an increase of 28%, while earnings after tax were SEK 113m, down 21%. In total, the...
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Wednesday, 12th February 2020
Kambi has announced a full-year revenue increase of 21% year-on-year, after posting its Q4 and full-year results. Revenue from January to December 2019 rose to €92.3m ($100.7m), while profit after...
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Wednesday, 12th February 2020
Following Kindred Group's unaudited full-year financial report, where the operator reported flat revenue growth for 2019, Gambling Insider caught up with company CEO Henrik Tjärnström. Are...
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Wednesday, 12th February 2020
Evolution Gaming saw revenue of €106m ($115.7m) for Q4 2019, a rise of 51% year-on-year. The online casino supplier saw EBITDA of €55.8m for the same period, an increase of 77%, while total...
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Wednesday, 12th February 2020
Kindred Group has reported a fall in revenue for Q4, although its full-year results for 2019 showed flat growth, matching the expectations set out in its January pre-trading update. For 2019, the operator...
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Tuesday, 11th February 2020
The continued roll-out of 5G mobile technology will increase in-play and in-stadium mobile sports betting, according to a payment provider executive. Global payments platform Paysafe’s research...
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Tuesday, 11th February 2020
Gaming Realms has announced its CEO Patrick Southon has stepped down from his role with immediate effect. Southon leaves the role he held for six years, with Non-Executive Chairman Michael Buckley to...
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Tuesday, 11th February 2020
Mikael Hansson, Global CEO, Enteractive, explains why the US market is all about conversion – and why operators must pick up the phone if they are to succeed at onboarding players. North America...
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Tuesday, 11th February 2020
William Hill has announced it will become the official sportsbook and wagering data provider of CBS Sports Digital after signing a new partnership with the company. CBS Sports Digital is the second-largest...
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Monday, 10th February 2020
Marcus Honney, Managing Director of supplier AvatarUX, is aiming to help make the company a ‘familiar’ game design studio in the next five years. The company is preparing to launch a new game...
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Monday, 10th February 2020
Scientific Games has announced a new partnership with data provider GameScorekeeper as it looks to expand into the esports market. Through the partnership, Scientific Games will have access to GameScorekeeper’s...
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Monday, 10th February 2020
He was the face of global athletics for so long. Now Usain Bolt is the face of his own online slot game, courtesy of Japanese games provider Ganapati. Everyone remembers where they were the first time...
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Monday, 10th February 2020
After years of debate and negotiation, the 16 German states have finally unified and agreed on a proposal that would make online casino and poker legal across the whole country in 2021. This is a significant...
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Friday, 7th February 2020
Kambi CEO Kristian Nylén believes the supplier's US business will still grow at a faster rate than its European business, despite the expected loss of its partnership with DraftKings. DraftKings...
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Friday, 7th February 2020
GVC Holdings is set to relocate its place of management and tax residence to the UK after shareholders voted in favour of a move from its Isle of Man base. A total of 99.98% of shareholders in the Ladbrokes...
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Thursday, 6th February 2020
As I begin writing this article back at Gambling Insider HQ, the on-site staff at Excel London will be packing things up as another ICE London comes to a close. Whether you're now free to roam London,...
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Wednesday, 5th February 2020
The Competition and Markets Authority (CMA) has confirmed it is investigating the scheduled merger of Flutter Entertainment and Stars Group. In October, Flutter reached an agreement to acquire Stars Group,...
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Tuesday, 4th February 2020
Supplier QTech Games has announced a merger with Epic Media to help take its games to market across emerging territories. Under the terms of the agreement, every component of QTech’s digital portfolio...
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Tuesday, 4th February 2020
Macau is to close all casinos for two weeks, with the region having reported 10 cases of coronavirus so far. One of the reported cases is believed to be a person who works within the gambling industry,...
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Monday, 3rd February 2020
So I have to say: this wasn’t necessarily what I was expecting. As Tom Watson addressed an audience full of gaming executives on the first morning of ICE London, here was a far more balanced approach...
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Monday, 3rd February 2020
Supplier Habanero will launch in Colombia for the first time after widening its partnership with operator Codere. Habanero’s content, such as its slots and roulette, blackjack and casino poker games,...
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Monday, 3rd February 2020
The winners of the Global Gaming Awards London 2020 were announced at an afternoon tea ceremony at the Hippodrome Casino today. Bet365 and Red Tiger Gaming enjoyed a particularly successful afternoon,...
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Monday, 3rd February 2020
The wait is almost over as the Global Gaming Awards London 2020 take place today. The most successful companies in the gaming industry in the past year will compete in 16 different categories, as the...
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