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Gambling News Archive

Thursday, 29th March 2018
Global gaming company, Konami Gaming, inc. have announced the appoitment of two new Vice Presidents in their sales department. Casey Whelan has been appointed to the role of  Vice President of North...
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Thursday, 29th March 2018
Social gaming developer Big Fish Games’s Big Fish Casino has fallen foul of Federal appeals court justices in the US  state of Washington, who have ruled that the social casino constitutes illegal...
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Thursday, 29th March 2018
The US State of Pennsylvania has announced that it will begin to accept licence applications from interactive gaming operators wishing to operate online platforms in the state later this year.. The decision...
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Thursday, 29th March 2018
Search engine optimisation expert Bastian Grimm is the latest name to join the list of high profile speakers at AffiliateCon Sofia. Bastian will deliver an exclusive speech on SEO at one of affiliate...
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Wednesday, 28th March 2018
Catena Media has announced its next step in growing its US affiliate presence by acquiring New Jersey-based affiliate BonusSeeker.com. Catena Media is a Maltese-based performance marketing company founded...
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Wednesday, 28th March 2018
Slovenia’s ongoing saga to legalise online sports betting has produced another twist, seeing the countries National Council vote 18-12 in favour of a veto to suspend a bill that if passed would have...
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Wednesday, 28th March 2018
Paddy Power Betfair have announced the appointment of Jonathan Hill as the company's new Chief Financial Officer, replacing the previous CFO  Alex Gersh who has stepped down from the role. The role...
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Wednesday, 28th March 2018
European Gambling giants OPAP have seen a 25.9% decrease in Net profit for the 2017 financial year according to the company’s latest financial performance release for the 2017 financial year. Athens...
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Wednesday, 28th March 2018
The UK Gambling Commission (UKGC) have announced that Skybet has been fined £1m as a result of the company ‘failing to protect vulnerable customers’. In its investigation, the UKGC found...
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Tuesday, 27th March 2018
Discussions continue in the Japanese Parliament surrounding the future of gambling in the country, with agreements being made to limit the number of visits that residents will be able to make. The ruling...
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Tuesday, 27th March 2018
The multi-billion pound takeover of Ladbrokes Coral by global gaming firm GVC Holdings cleared its final potential obstacle late last night when the UK High Court approved the deal. Justices in the High...
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Tuesday, 27th March 2018
Belgium’s Constitutional Court has annulled a 2016 constitutional amendment under which online gambling operators would have been required to pay VAT of 21% on their Belgian operations. Maltese...
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Monday, 26th March 2018
The United States Federal Government has seized a bank account containing $10.1m from the Pojoaque Pueblo Tribal Government following the dispute surrounding their failure to sign a compact with the State...
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Monday, 26th March 2018
The Industry Group for Responsible Gambling (IGRG) has released new guidelines that would require each television advertisement of a gambling related product  to directly make reference to begambleaware.org throughout...
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Monday, 26th March 2018
Sky Betting and Gaming announced an impressive 47% increase in Group revenue totalling £339m in their Half Year Interim Report 2017/18 released on Monday. The Group was led by Sky Bet who saw its...
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Monday, 26th March 2018
European football’s governing body UEFA has announced the signing of an information-sharing agreement with international betting integrity body ESSA (Sports Betting Integrity), a move which it hopes...
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Monday, 26th March 2018
UK and Ireland sportsbook operator Paddy Power has launched an electronic self-exclusion process via an in-shop app for all of its UK-based shops. The new electronic self-exclusion system, which will make...
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Monday, 26th March 2018
The UK Gambling Commission has announced its new action plan to introduce additional regulations, in order to strengthen pre-existing controls and further improve the safeguarding of children online. The...
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Monday, 26th March 2018
The board of directors of global gaming company NetEnt have announced the departure of its CEO and President Per Eriksson, effective immediately. In a statement, the company confirmed it called for Eriksson’s...
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Monday, 26th March 2018
Finbarr O’Mahony, Head of Real Money Gaming at Facebook is set to speak at AffiliateCon Sofia. A passionate digital marketer, Finbarr will speak about Facebook’s policies around Real Money...
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Friday, 23rd March 2018
Calls by the NBA and Major League Baseball for an integrity fee to be paid in any legalisation of sports betting by states haven’t fallen on deaf ears in Kansas. However, although legislators in...
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Friday, 23rd March 2018
A multi-million dollar acquisition of the ailing SLS Las Vegas Hotel & Casino by gaming and media company The Meruelo Group has been approved by the Nevada Gaming Commission. During hearings late...
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Friday, 23rd March 2018
Asia focussed integrated resorts developer Galaxy Entertainment Group has announced the completion of a deal to purchase 5.3 million shares in Wynn Resorts Limited. The company has agreed to purchase...
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Friday, 23rd March 2018
UK bookmaker Ladbrokes has lost its third case at the Court of Appeal over a £71m tax rebate from HMRC, after justices rejected its appeal. Ladbrokes first fell afoul of HMRC in 2008, when it partnered...
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Thursday, 22nd March 2018
Embattled former Wynn Resorts CEO and founder Steve Wynn, who was forced to resign from his role as the companies CEO last month amid sexual misconduct allegations has lowered his shareholding in the casino...
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Thursday, 22nd March 2018
US casino operator, Penn National Gaming has confirmed that it has received approval from both the Pennsylvania Gaming Control Board and the West Virginia Lottery Commission to complete its $2.8bn acquisition...
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Thursday, 22nd March 2018
Arena Racing Company, the largest racecourse group in the UK has acquired a majority stake in multi-channel content solutions provider Vermantia. The deal sees ARC expand its international distribution...
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Wednesday, 21st March 2018
Billionaire casino mogul, James Packer has announced he will step down as the director of Crown Resorts, citing mental health reasons. In an emailed statement to Reuters, a spokesman for Packer said:...
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Wednesday, 21st March 2018
The multi-billion pound takeover of bookmaker Ladbrokes Coral by rival gambling firm GVC Holdings has been approved by the Competition and Markets Authority (CMA). It follows a lengthy investigation by...
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Tuesday, 20th March 2018
Gaming and online casino operator 888 Holdings has revealed a 4% year-on-year rise in its group revenues for the full-year 2017. Announcing its full set of financial results for 2017, the company reported...
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Tuesday, 20th March 2018
Mr Green posted its full-year financial results for 2017m with the company benefiting from its entrance into the Danish market. Last year, the company acquired Dansk Underholdning and after enjoying a...
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Tuesday, 20th March 2018
Online lottery betting and gaming company Jackpotjoy has revealed its gaming revenue rose by 14% year-on-year during 2017. Announcing its results for the full- year, the company reported 2017 gaming revenues...
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Monday, 19th March 2018
A regulatory filing posted late last week detailed that Steve Wynn is now free to sell all, or a portion of his stake in the company.   According to Thomson Reuters Eikon data, Steve Wynn is the...
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Monday, 19th March 2018
The UK Gambling Commission has given the UK Government its blessing to cut stakes on the “crack cocaine of gambling”, fixed odds betting terminals, to £2. Furthermore, despite campaigners’...
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Friday, 16th March 2018
In an update to investors, XLMedia has published its full-year 2017 financial results, posting another record-breaking set of figures. The affiliate marketing firm’s revenues increased by a whopping...
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Thursday, 15th March 2018
In a move which is sure to provoke controversy, web giant Google has announced that advertising of cryptocurrencies will be banned on its platforms from June 2018. Announcing its new restricted financial...
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Thursday, 15th March 2018
Game testing laboratory and technical consultants BMM Testlabs has announced the commencement of a multi-year strategic alliance with the American Gaming Association (AGA). With the alliance, BMM Testlabs...
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Thursday, 15th March 2018
Maltese parliamentary secretary for Financial Services, Digital Economy & Innovation Silvio Schembri has announced a motion to be presented in the Maltese parliament concerning the future of gambling. The...
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Wednesday, 14th March 2018
Global gaming and poker giant The Stars Group has revealed a 16% year -on-year rise in its revenues for the fourth quarter of 2017. Announcing its financial results for the period, the company reported...
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Wednesday, 14th March 2018
Sports betting technology supplier Sportech have announced the discontinuance of plans to sell the business following detailed discussions with a number of suitors. In a statement, the company said that...
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Wednesday, 14th March 2018
Everi Holdings Inc. has announced its financial results for both the fourth quarter and full-year for the 2017 financial year. Q4 revenues increased to $247.9m, up from $217.5m in the same period a year...
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Tuesday, 13th March 2018
The US Supreme Court is only but a few weeks away from ruling on New Jersey’s challenge to a law overturn the existing sports betting legislation, just in time for the America Gaming Association...
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Tuesday, 13th March 2018
Global casino developer Caesars Entertainment Corporation is considering abandoning a multi-million dollar development in the US state of Indiana over a $50m transfer fee, if reports in the Indiana Business...
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Monday, 12th March 2018
Affiliate network Better Collective has made its first business acquisition of 2018, agreeing a ‘seven-figure’ acquisition of Finnish affiliate network Premium Administration OU. Better Collective...
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Monday, 12th March 2018
West Virginia has become the latest US state to legalise gambling within its borders, following the passage of the ‘West Virginia Sports Lottery Wagering Act’. The hotly contested bill, previously...
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Friday, 9th March 2018
Worldwide casino resort operator, Las Vegas Sands Corporation, has confirmed the agreement of a $1.3bn deal to sell its Sands Casino Resort Bethlehem casino to Wind Creek Hospitality. Wind Creek Hospitality...
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Friday, 9th March 2018
Online gaming goliath, GVC Holdings, has reported a 17% year-on-year rise in its net gaming revenue for the twelve months leading up to the end of 2017. In its full financial filing for the year, the...
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Friday, 9th March 2018
Aristocrat has filed a lawsuit against AGS LLC and PlayAGS, Inc. the United States District Court in Nevada, alleging infringement of its trademark rights for the firm’s “Buffalo”-branded...
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Friday, 9th March 2018
In an update to investors, IGT has posted its financial results for the fourth quarter of 2017, posting modest results, with consolidated revenue increasing 3% year-on-year, from $1,321m in 2016 to $1,3746m. Adjusted...
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Thursday, 8th March 2018
Proposals to bring Brazil’s gambling legislation into the 21st Century went up in smoke yesterday when the Brazilian Senate Committee on Constitutional and Judicial Affairs voted down gambling reform...
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Wednesday, 7th March 2018
Scientific Games Corporation has announced the appointment of Ashley Sandyford-Sykes as senior vice president of its SG Digital team. Sandyford-Sykes has previously held a number of executive roles in...
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Wednesday, 7th March 2018
2018 marks the fifth instalment of the Global Gaming Awards Las Vegas, with the first stage of the process opening today. GGA Las Vegas seeks to celebrate the worlds best companies who have had a big...
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Wednesday, 7th March 2018
In an update to investors, Paddy Power Betfair has announced its preliminary results for the full-year 2017. Boosted by a 16% growth in sports revenue, total revenue for the group increased by 13% reaching...
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Tuesday, 6th March 2018
Representatives in the US State of Louisiana have introduced a new piece of legislation that would legalise daily fantasy sports contests in the state. House bill 484, introduced by Representative Kirk...
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Tuesday, 6th March 2018
Gambling Insider is proud to announce the latest Global Gaming Awards Las Vegas sponsors for the 2018 ceremony. Ahead of G2E in October, hundreds of industry executives will descend on The Venetian in...
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Tuesday, 6th March 2018
Gambling.com CEO Charles Gillespie gives Gambling Insider a tour of Gambling.com Group Plc, explaining the business decision to diversify into sports betting and revealing his thoughts on future...
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Tuesday, 6th March 2018
International bookmaker William Hill has announced the sale of its Australian business to fellow Australian bookmaker CrownBet, in an A$313.7 million (£175.9m) deal, which ends Will Hills involvement...
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Monday, 5th March 2018
For the second year in a row, the Global Gaming Awards Las Vegas are proud to announce that BetConstruct will be its lead partner for the 2018 event. On the 8 October, over 700 industry leaders will attend...
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Monday, 5th March 2018
Online gaming conglomerate GVC Holdings PLC has announced the agreement of a €41.3m deal to acquire a 51% stake in Republic of Georgia online gaming firm Crystalbet. Under the terms of the multi-million...
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Friday, 2nd March 2018
The Governor of the Bank of England, Mark Carney has called for cryptocurrencies to be brought onto the same “level regulatory playing field” as the rest of the financial services industry. Speaking...
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Friday, 2nd March 2018
Affiliate network, Catena Media have announced the appointment of Per Hellberg as its new CEO, replacing acting CEO Henrik Persson Ekdahl. Ekdahl, who replaced Robert Andersson at the helm of Catena in...
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Friday, 2nd March 2018
The gaming industry’s first comprehensive report of slot machine game performance has been launched by gaming data firms Eilers & Krejcik Research and Fantini Research. The Eilers-Fantini Game...
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Friday, 2nd March 2018
Fresh from defeat in West Virginia and discord in Missouri, representatives from the NBA and Major League Basketball (MLB) have moved their sports betting bandwagon over to Connecticut, testifying in hearings...
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Thursday, 1st March 2018
Australian slot machine supplier Ainsworth Game Technology has reported a 52.8% year-on-year fall in its net profits during the first half of financial year 2018, citing taxation issues. In its first...
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Thursday, 1st March 2018
Spanish-based casino operator Grupo Codere has announced a 6.8% rise in its operating revenues for the fourth quarter of 2017. In its final financial filing of the year, the company announced operating...
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Thursday, 1st March 2018
US casino developer Eldorado Resorts has announced the agreement of a deal to sell two of its regional gaming properties to fellow casino developer and racetrack operator Churchill Downs for a total combined...
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Thursday, 1st March 2018
Worldwide gaming goliath Scientific Games has announced its revenue rose year-on-year by 9% during the fourth quarter of 2017. In its final financial report for the year, the company posted fourth quarter...
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