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Gambling News Archive

Thursday, 31st March 2016
Yggdrasil Gaming has now conducted a full rollout of its full suite of games in the UK after being granted the relevant licensing by the UK Gambling Commission (UKGC). UKGC granted the licence to Yggdrasil,...
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Thursday, 31st March 2016
Supplier Intralot has revealed revenue and EBITDA growth for 2015, although gross profit and earnings before tax are both down. Revenue rose 3.3% year-on-year to €1.91bn, boosted in particular by a "strong...
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Wednesday, 30th March 2016
Total gaming win for Nevada increased 8% year-on-year to $989.8m for February. The total is the highest monthly sum to have been reported since May ($1.03bn) and is up from January’s $925.3m. Sports-pool...
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Wednesday, 30th March 2016
In a move that sees the company fall in line with many other Premium Listing businesses on the London Stock Exchange, gambling software giant Playtech has announced that it will no longer release trading...
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Wednesday, 30th March 2016
Aspers has been selected to operate a new casino in Southampton. The venue is set to open in 2021 with up to 150 slot machines and 30 blackjack and poker tables. The city was granted one of the eight 'large'...
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Tuesday, 29th March 2016
It is difficult to deny that the topic of the now former Amaya CEO and chairman David Baazov, among others, being charged with offences that would seem to relate to insider trading, was the talk of the...
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Tuesday, 29th March 2016
David Baazov is to take a voluntary indefinite paid leave of absence from Amaya while he prepares an offer to acquire the company and to avoid distraction while he faces charges related to insider trading. Baazov...
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Tuesday, 29th March 2016
Crown Resorts has agreed a compromise with planning authorities over changes to its Crown Sydney resort. Crown Resorts is set to construct and operate Sydney's first six-star luxury hotel resort at Barangaroo...
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Thursday, 24th March 2016
An Integrity Review conducted by the British Horseracing Authority (BHA) has recommended that the organisation extends its partnerships across the betting industry. It states that such partnerships...
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Wednesday, 23rd March 2016
Amaya CEO David Baazov is facing five charges related to insider trading in the lead-up to the company’s acquisition of the owner of PokerStars and Full Tilt in 2014, Quebec financial security regulator...
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Wednesday, 23rd March 2016
William Hill has issued an online profit warning while also confirming its interest in investing in supplier OpenBet. The operator has endured a weaker than expected online performance since the turn of...
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Wednesday, 23rd March 2016
Andy McCue could be about to cash in on an agreement that would see him paid 2.5 times his salary, as it has been announced that the former Paddy Power CEO will leave the position of COO of the combined...
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Tuesday, 22nd March 2016
A debate between the Campaign for Fairer Gambling (CFG) and Conservative MP Philip Davies has been sparked by an article in The Times regarding the latter’s betting activity. The Times alleged via a...
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Tuesday, 22nd March 2016
Authorities in South Korea have arrested two key figures in an alleged $4m illegal online gambling operation. The National Police Agency have arrested the website's CEO and call centre manager, according...
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Tuesday, 22nd March 2016
888 Holdings saw its profit before tax fall by 52% to $32.5m for the full year 2015. Chairman Brian Mattingley said the point of consumption tax in the UK, EU VAT charges and currency movement headwinds...
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Monday, 21st March 2016
FanDuel and DraftKings will not operate real-money services to New York players until July at the earliest, following a settlement agreement that was reached between the daily fantasy sports (DFS) operators...
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Monday, 21st March 2016
With a seemingly endless parade of heavily-backed favourites triumphing over all four days of the Cheltenham Festival last week, it was never going to be a particularly memorable week for bookmakers. However,...
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Monday, 21st March 2016
With PokerStars entering the New Jersey i-gaming market, questions will be posed about what could be injected into the i-poker market and what this means for the game as a whole. But on the land-based...
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Monday, 21st March 2016
By Cyril Azarkhine Content Manager, Bet Invest Sports betting and related activities such as fantasy sports, no matter whether they are wagered in brick-and-mortar shops or online, more than often...
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Monday, 21st March 2016
PokerStars has officially returned to the United States online gaming market. Owner Amaya today confirmed the operator's launch of real-money online poker and casino in New Jersey, having previously received...
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Friday, 18th March 2016
The Australian government could ban foreign operators from taking bets from people in Australia, depending on the result of the federal election later this year. According to The Australian, the Turnbull...
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Friday, 18th March 2016
IGT has suffered decreases in revenue, adjusted EBITDA and operating income for 2015. The results are complicated by GTech's $6.4bn acquisition of IGT, which completed in April 2015, after which the newly...
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Thursday, 17th March 2016
While Paddy Power and Betfair have already proposed a toast and clanked glasses, Ladbrokes and Gala Coral are stuck at the office waiting to be excused for celebratory drinks to mark their potential merger. The...
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Thursday, 17th March 2016
Philippine presidential candidate Senator Miriam Defensor Santiago will seek to include casinos in the country's Anti-Money Laundering Act (AMLA) if elected come 9 May. “If the casino sector remains...
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Thursday, 17th March 2016
A bankruptcy investigator says Caesars Entertainment could be liable for damages of up to $5.1bn as a result of certain deals it undertook. Examiner Richard J. Davis has been considering whether the casino...
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Wednesday, 16th March 2016
Gross gaming yield (GGY) bands for gaming duty for UK casino operators are set to be increased for accounting periods starting on or after 1 April. The government confirmed the measures as part of the...
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Wednesday, 16th March 2016
The New Jersey public will decide whether two casinos can be built in the northern region of the state. Come November, voters will consider a constitutional amendment which will allow for casinos to be...
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Wednesday, 16th March 2016
Developers interested in building a casino resort, or a casino as part of an existing tourist resort, in Bermuda are now able to apply for 'designated site' status. The process officially opened today,...
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Wednesday, 16th March 2016
The Cypriot government has announced the shortlisted bidders for southern Cyprus's first casino resort licence. Bloomberry Resorts Corporation, Melco - Hard Rock Resort Cyprus Consortium and Naga Corp...
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Tuesday, 15th March 2016
PokerStars is to join the New Jersey online gambling market next Monday at a time of growth, as the record for the monthly i-gaming revenue total was broken for the fourth consecutive month when February's...
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Tuesday, 15th March 2016
Supplier IGT is to provide its casino management systems to Little Creek Casino Resort in Washington. Following a competitive bidding process, IGT secured a complete systems replacement agreement. Little...
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Tuesday, 15th March 2016
Operator Paddy Power Betfair has chosen Worldpay, a global payments provider, to offer payment processing services to customers. Worldpay has been selected to help drive the growth of the newly merged...
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Tuesday, 15th March 2016
The Mashpee Wampanoag tribe has announced plans to open its $1bn casino in Taunton by August 2017, with construction set to begin next month. The site, which measures 150 acres, will be home to the First...
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Tuesday, 15th March 2016
PokerStars owner Amaya has reported a net loss of C$25.9m for 2015, down from net earnings of C$125.2m the previous year. However adjusted net earnings improved 18% year-on-year to C$372.2m. The firm said...
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Tuesday, 15th March 2016
An Italian prosecutor investigating match fixing in tennis claims that two of the players being looked into have been ranked inside the world’s top 20 and the Tennis Integrity Unit (TIU) has been criticised...
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Monday, 14th March 2016
Ladbrokes Australia CMO James Burnett has departed from the betting company, with Simon Jarvis appointed to replace him. Jarvis took up the role having previously been general manager of marketing at...
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Monday, 14th March 2016
The UK Gambling Commission (UKGC) revealed in December in response to a Freedom of Information request that there were 633 suspicious activity reports (SARs) filed by the UK non-remote betting sector between...
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Monday, 14th March 2016
Australian online bookmaker Sportsbet has called on the government to cut down the permitted amount of gambling advertisement due to the industry’s increase in marketing spending. According to a Nielsen...
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Monday, 14th March 2016
Isle of Man Post Office’s Lisa Duckworth on how to make the most of an alternative marketing source According to the Royal Mail, UK Direct Mail is set to grow by 2.9% in 2016. This is further proof that...
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Monday, 14th March 2016
Australian operator Tabcorp has extended its sponsorship agreement with Victoria Racing Club (VRC) to 2024. The new eight-year deal, which comes into effect on 1 August, sees Tabcorp retain its position...
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Friday, 11th March 2016
One of New York's forthcoming new casinos has made its first payment to the State Gaming Commission. Del Lago Resort & Casino in Tyre, which has changed its name during development, paid an initial $50m...
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Friday, 11th March 2016
DraftKings is to step in and cover unpaid player balances and charitable donations from FantasyHub, a fellow daily fantasy sports (DFS) operator. FantasyHub shut down in February and DraftKings said it...
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Thursday, 10th March 2016
NetEnt is to supply PokerStars with its casino content when its New Jersey brand launches later this month, the provider has confirmed. The games will be accessible via desktop and mobile and the news...
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Thursday, 10th March 2016
NetEnt has been awarded damages by the Swedish Court of Appeal, after the decision in a longstanding case against the Swedish Tax Agency went in its favour. Delivering the verdict, the court ordered that...
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Thursday, 10th March 2016
The chief executive of 32Red has revealed the online operator is "evaluating potential acquisitions". Ed Ware made the comments within the firm's 2015 results, which showed net gaming revenue of £48.7m,...
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Wednesday, 9th March 2016
The 633 suspicious activity reports (SARs) filed to the UK Gambling Commission (UKGC) by UK operators between April 2014 and March 2015 includes those reported by racetracks and not just betting shops,...
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Wednesday, 9th March 2016
Online gaming company TonyBet, has been granted the first remote gaming device certificate in Lithuania, following a change in the law that compelled all gaming operators in the country to apply for one. Testing...
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Wednesday, 9th March 2016
Japanese sport appears to be heading towards a full-blown crisis, as yet more allegations of sports betting within baseball come to the fore. Gambling in Japan is generally banned, only a handful of sports...
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Tuesday, 8th March 2016
Florida law makers have rejected a proposal which would allow the Seminole tribe to offer craps and roulette in its existing Tampa and Hollywood casinos. The proposal went through months of negotiations...
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Tuesday, 8th March 2016
The Sporting Index Group has appointed Simon Trim as its new CEO, following the departure of Warren Murphy. Murphy served as CEO of the Group for the past seven years, before announcing his resignation...
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Tuesday, 8th March 2016
Virginia has become the first US state to specifically legalise daily fantasy sports (DFS) after Governor Terry McAuliffe signed SB 646 into law. The Fantasy Contests Act confirms that DFS contests conducted...
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Tuesday, 8th March 2016
Financial results for Paddy Power Betfair have been announced for the first time since the operators merged in February. The results were reported separately as well as combined, with Paddy Power’s...
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Tuesday, 8th March 2016
Match Poker, a non-gambling form of the game, is set to target China, as part of deal struck between Aliliba Group an e-commerce company and media agency Oceans Sport and Entertainment. Details of the...
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Monday, 7th March 2016
Does the gambling industry always receive fair press coverage? This was an issue that struck yours truly when reading an article published by The Independent last week. Simon Kelner, the former editor...
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Monday, 7th March 2016
Online poker giant 888poker is set to change its loyalty programme from a traditional rakeback model to a revamped system based on tokens, challenges and level progression. The new service, called 888poker...
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Monday, 7th March 2016
The International Cricket Council (ICC), the regulatory body behind the sport, believes it has uncovered a match-fixing plot and identified those involved. The chairman of the anti-corruption unit, Sir...
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Friday, 4th March 2016
The chance of a casino being approved in the Israeli city of Eilat is "very low", according to a gaming consultant based in the country. Local media recently reported that Prime Minister Benjamin Netanyahu...
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Friday, 4th March 2016
Operator and supplier Sportech has reported reduced revenue, EBITDA and adjusted profit for 2015. Revenue was down 4% year-on-year to £100.2m (6% on a constant currency basis), with EBITDA decreasing...
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Thursday, 3rd March 2016
The UK government will have an alternative to the current horseracing levy system in operation by April 2017, according to culture secretary John Whittingdale, which could include bringing offshore revenue...
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Thursday, 3rd March 2016
The Philippines Senate is to investigate an alleged $100m money laundering case involving three of the country's casinos. A money laundering committee will hold a hearing next Tuesday, reports the Philippine...
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Thursday, 3rd March 2016
The UK point-of-consumption tax (POCT) was not able to prevent Gala Coral from producing increased year-on-year online gross profit and online net revenue for the 16 weeks ended 16 January 2016 (Q1). Online...
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Wednesday, 2nd March 2016
An "irresponsible" advert for betting affiliate website FanBet has been banned. The Advertising Standards Authority ruled that the internet ad, which featured on arsenalstation.com in January, must not...
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Wednesday, 2nd March 2016
Multi-billionaire Carl Icahn has declared that he would refrain from investing $100m into the Trump Taj Mahal casino if New Jersey approves casinos in the northern region of the state. Icahn recently acquired...
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Wednesday, 2nd March 2016
IH Group has announced it plans to build a 1,100-room hotel and casino on the island of Rota in the Northern Mariana Islands. The project was announced by the Group’s leaders Il Hwan Kim and Edward Atalig...
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Wednesday, 2nd March 2016
Online gaming provider, 888 Holdings, has assigned Itai Frieberger as its new CEO having served as chief operating officer in the company since 2011. Brian Mattingley, the newly appointed non-executive...
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Tuesday, 1st March 2016
With PokerStars set to launch, or rather relaunch, in New Jersey on 21 March, Gambling Insider has been considering the brand's potential performance and likely impact on the state's i-gaming market. As...
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Tuesday, 1st March 2016
Gambling operator, Rank Group, has confirmed the appointment of Steven Esom as its non-executive director. Esom’s new role in Rank will require him to chair the company’s remuneration committee and...
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Tuesday, 1st March 2016
Football fans in Hong Kong won’t be able to bet on the Chinese Super League (CSL) it has been announced, as the Hong Kong Jockey Club (HKJC) declared that it will not take bets on the competition because...
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Tuesday, 1st March 2016
Icahn Enterprises, the holding company which last week completed its acquisition of Atlantic City casino the Trump Taj Mahal, has reported a 20.3% year-on-year decrease in revenue for 2015. The firm, which...
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Tuesday, 1st March 2016
The run of year-on-year monthly gross revenue declines for the Macau casino market has come mightily close to ending. February’s total of 19.52bn patacas (£1.75bn) was narrowly down from February...
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