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Gambling News Archive

Tuesday, 31st March 2020
Svenska Spel has implemented “short-term work” due to the impact of the coronavirus, as well as withdrawing its proposal for a dividend. The Swedish operator has also been affected in the...
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Tuesday, 31st March 2020
With all sport competitions in Russia suspended until April 17, certain gambling websites in the country have begun offering betting on the development of the COVID-19 pandemic. Russian gambling websites...
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Tuesday, 31st March 2020
Net Gaming Europe expects the coronavirus outbreak to have a limited impact on business operations, estimating Q1 revenue for 2020 to be 5% lower than Q4 2019. In its business update, the affiliate said...
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Tuesday, 31st March 2020
Many of SBTech’s partner sites have been down since Friday due to a cyber attack but the supplier is aiming to restore some activity later today, Gambling Insider understands. A criminal investigation...
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Tuesday, 31st March 2020
Scientific Games CEO Barry Cottle has volunteered to work for free during the period of self-isolation due to the coronavirus outbreak. Cottle will take a 100% pay cut during the period, while the rest...
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Tuesday, 31st March 2020
The Competition and Markets Authority (CMA) has cleared the planned merger between Flutter Entertainment and Stars Group. Flutter reached an agreement in October 2019 to acquire Stars Group, creating...
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Tuesday, 31st March 2020
Wildwood Casino in Cripple Creek, Colorado, has partnered with ISI Race and Sports, which will provide hardware, software and marketing for the casino’s rollout of sports betting.  American...
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Tuesday, 31st March 2020
Responsible gambling and player protection are more critical than ever during the period of self-isolation due to the coronavirus, according to the CEO of Gamban. Gamban Founder and CEO Jack Symons said...
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Tuesday, 31st March 2020
Delaware earned $160,000 in February sports betting revenue, a year-on-year improvement of 621%. However, revenue dropped considerably from January when the state took in $1.5m, driven by Super Bowl wagering. The...
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Tuesday, 31st March 2020
Sportech CFO Tom Hearne believes EBITDA is becoming “less and less important" as a performance indicator for public gaming firms. Speaking exclusively to Gambling Insider, Hearne described...
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Monday, 30th March 2020
The Employers and Employees of the Bookmakers Companies Association has appealed to the Polish Government to help save thousands of jobs in the betting and gaming sector. Due to the coronavirus pandemic,...
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Monday, 30th March 2020
Gambling.com has released a trading update amid the COVID-19 pandemic outlining the group’s current performance and cost-saving measures. Revenue for January and February totalled €2.4m ($2.7m),...
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Monday, 30th March 2020
LeoVegas has announced it is proposing Per Norman to become its new Chairman of the board. The former Mr Green CEO would replace Mårten Forste, who declined re-election, but announced in January...
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Monday, 30th March 2020
The Grand National will go ahead this weekend in virtual form, to be broadcast instead of the actual race, which was cancelled earlier this month. ITV will show the virtual Grand National at 5pm on 4...
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Monday, 30th March 2020
A growing number of Swedish players are turning to the black market due to the country’s restrictive gaming regulations, according to new research. The research, carried out by affiliate betting...
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Monday, 30th March 2020
Sportradar has announced the release of its virtuals package, ‘Simulated Reality,’ which it describes as an AI-driven product for professional sports matches. The product will use Sportradar’s...
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Monday, 30th March 2020
Oklahoma Indian Gaming Association Chairman Matthew Morgan has rejected the latest gaming compact offer from Governor Kevin Stitt. Last week a law firm working on Stitt’s behalf sent a letter to...
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Monday, 30th March 2020
Introducing a “one size fits all limit” on online gambling during the coronavirus outbreak will drive players to the unregulated market, according to a GVC Holdings executive. Last week, the...
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Monday, 30th March 2020
The Thoroughbred Owners of California (TOC) is attempting to persuade the LA County Department of Health to rescind its order shutting down live racing at Santa Anita, in response to the COVID-19 pandemic.  The...
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Monday, 30th March 2020
The impact of the coronavirus pandemic is affecting every walk of life. Within the gaming sector, land-based casinos and retail betting outlets have seen the worst of it, having to close properties en...
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Friday, 27th March 2020
The National Lottery will donate £300m ($371.8m) towards the protection of vulnerable people amid the COVID-19 pandemic. The funds will be distributed over the next six months with the aim of supporting...
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Friday, 27th March 2020
The Betting and Gaming Council (BGC) has announced an action plan setting out standards expected of its members during the coronavirus pandemic. The Council, whose members include UK operators and casinos,...
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Friday, 27th March 2020
The Stars Group has announced its proposed merger with Flutter Entertainment is still set to go ahead despite the coronavirus outbreak. A special shareholder meeting will be held on 24 April to approve...
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Friday, 27th March 2020
Amid mass cancellations on the sporting calendar, sports betting companies have been deprived of a central revenue source during the coronavirus pandemic. As opposed to the record year many suppliers,...
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Friday, 27th March 2020
Irresponsible communication during the pandemic is considered a breach of regulation. The Malta Gaming Authority issued a notice warning licensees that, considering how much stress the pandemic...
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Friday, 27th March 2020
Exposure to gambling adverts could impact the attitudes of children, young people or vulnerable adults, being likely to lead them to gamble in the future, according to a report. The GambleAware report,...
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Thursday, 26th March 2020
Affiliate Casinomeister has opened a forum designed to help small businesses during the coronavirus pandemic. Aiming to assist those beyond the gaming industry, Casinomeister has emphasised the strain...
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Thursday, 26th March 2020
Gaming lawyer Justin Franssen has dubbed the Netherlands the "world champions" of slow regulation, following ongoing delays to the opening of its regulated online market. Following two and a half years...
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Thursday, 26th March 2020
Gambling Commission CEO Neil McArthur has reinforced to operators customer protection and responsible marketing are essential during a period where online gambling activity has risen. McArthur noted that...
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Thursday, 26th March 2020
William Hill has announced incoming CFO Adrian Marsh will not be joining the operator after deciding to stay at DS Smith, due to the unprecedented circumstances of the coronavirus outbreak. Marsh was...
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Wednesday, 25th March 2020
In a complete U-turn on its decision last week, the UK Government has announced it will include the gambling industry in its 12-month 100% business rate holiday during the COVID-19 crisis. Last week,...
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Wednesday, 25th March 2020
Gauselmann Group has announced it has shut all production and sales activity throughout Europe, due to the coronavirus outbreak. The German supplier has closed all 700 of its gaming establishments in...
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Wednesday, 25th March 2020
Catena Media has provided a trading update outlining several measures it says “have been taken to mitigate any financial or operation impact" of the COVID-19 outbreak. Despite the coronavirus’...
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Wednesday, 25th March 2020
As stock market prices tumble across the globe, online gaming companies have seen significant share price growth across the last week. Though gaming companies generally have been caught in the midst of...
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Wednesday, 25th March 2020
GameAccount Network (GAN) has signaled its commitment to move its stock listing to The Nasdaq Stock Market, after filing its registration statement on Form F-1 with the US Securities and Exchange Commission...
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Tuesday, 24th March 2020
Japanese Prime Minister Shinzo Abe and Thomas Bach, President of the International Olympic Committee (IOC), have announced the Tokyo 2020 Olympic and Paralympic Games will be postponed until the summer...
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Tuesday, 24th March 2020
NetEnt has announced it is fully integrating the Red Tiger brand into its business, to increase efficiency and strengthen development. The supplier acquired slots developer Red Tiger in September 2019...
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Tuesday, 24th March 2020
Last week, the Betting and Gaming Council (BGC) condemned the UK Government’s decision to exclude the gambling industry from its plans for a 100% 12-month business rate holiday. In light of the...
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Tuesday, 24th March 2020
888 Holdings has reported a rise in casino and poker activity due to the coronavirus outbreak, though it warned further delays to the sporting calendar will damage its sports betting vertical. In its...
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Monday, 23rd March 2020
888 Holdings will delay publishing its full-year results for 2019 following a request by the Financial Conduct Authority (FCA) for all businesses to observe a two-week postponement, due to the coronavirus...
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Monday, 23rd March 2020
Communicating with consumers and using data appropriately are key to gaming brands acquiring and retaining a customer base, according to an industry specialist. Magith Noohukhan, Product Evangelist at...
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Monday, 23rd March 2020
The Netherlands Gambling Authority (KSA) has published its 2019 annual report and 2020 monitoring report, outlining the aims of the revised Remote Gambling Bill passed in February 2019. The bill, due...
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Monday, 23rd March 2020
The European Gaming and Betting Association (EGBA) has reported that H2 Gambling Capital has adjusted its forecasted global gambling revenue for the year in light of the COVID-19 outbreak. The group reduced...
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Monday, 23rd March 2020
Red Tiger has extended its reach in Sweden by making its slot games available at Svenska Spel Sport and Casino, after signing a partnership with the operator. The deal with the former Swedish state monopoly...
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Monday, 23rd March 2020
Tom Watson has told Gambling Insider he is encouraged by the Betting & Gaming Council’s (BGC) "very good start" since its formation in November 2019. Under the stewardship of CEO Michael Dugher...
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Friday, 20th March 2020
Evolution Gaming has said there is a continued strong demand for its products, despite the disturbances caused by the coronavirus outbreak. In its business update, the supplier claimed daily operations...
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Friday, 20th March 2020
On 17 March, the Chancellor of the Exchequer in the UK assured the House of Commons the Government would "do whatever it takes to support our economy through this crisis." He was speaking, of course,...
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Friday, 20th March 2020
The Australian Communications and Media Authority (ACMA) has told broadcaster Nine to prove compliance with gambling advertising rules, after it was found to have breached them. An investigation from...
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Friday, 20th March 2020
The countdown to G2E starts here, as the window for self-nominations for the Global Gaming Awards Las Vegas 2020 is officially open. Now in their seventh year, the Global Gaming Awards Las Vegas recognise...
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Friday, 20th March 2020
The positives of legalising sports betting in India outweigh the negatives, according to an Indian gaming lawyer. Co-Head of Media Entertainment and Gaming Practice at Nishith Desai Associates, Ranjana...
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Friday, 20th March 2020
Virtual sports could be the way to attract more Generation Z players to the gaming industry, according to a panel speaking at the Prague Gaming Summit. Generation Z refers to the demographic of the population...
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Friday, 20th March 2020
With the sports betting calendar almost coming to a standstill, Gambling Insider caught up with Spotlight Sports Group CMO Louise Agran and Digital Director Cian Nugent about how the group is dealing...
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Thursday, 19th March 2020
Following the release of Sportech’s financial results for 2019, but also its coronavirus-related market update, Gambling Insider caught up with CFO Tom Hearne. What’s the current breakdown...
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Thursday, 19th March 2020
Playtech has announced it is working to protect its cash flow amid the global outbreak of coronavirus. The gaming supplier said it has seen “limited impact” towards its B2B business, with...
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Thursday, 19th March 2020
The forecast for Macau’s gross gaming revenue (GGR) has been halved by the jurisdiction's Government for 2020. As reported by GGR Asia, the full-year projection has been slashed to MOP130bn (US$16.3bn)...
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Thursday, 19th March 2020
Sportech increased revenue by 2% year-on-year to £64.8m ($74.8m) for 2019. However, the marginal annual growth was accompanied by a 5% reduction in adjusted EBITDA, to £9.3m. Adjusted...
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Thursday, 19th March 2020
The American Gaming Association (AGA) has announced that the coronavirus outbreak has caused the closure of 438 commercial casinos in the US, representing 94% of the total number in the country. An additional...
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Wednesday, 18th March 2020
Aspire Global has announced it is taking measures to reduce the risk the coronavirus outbreak poses to its staff and the continuity of its business. The supplier reports that through banning travel and...
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Wednesday, 18th March 2020
The Greyhound Board of Great Britain (GBGB) has announced that, in light of the coronavirus outbreak, all British greyhound racing will move behind closed doors. The regulatory body made the decision...
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Wednesday, 18th March 2020
Casinos in Nevada have been temporarily closed as per orders of Governor Steve Sisolak, to slow the spread of coronavirus. Properties in the state were required to shut all gaming machines, devices, tables,...
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Wednesday, 18th March 2020
As the sports betting calendar edges closer to total decimation, and retail properties face indefinite closures, all eyes are turning to what verticals can replace these traditional sources of gaming revenue. In...
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Wednesday, 18th March 2020
Kindred Group has received a Swedish Gambling Authority (SGA) fine of SEK 100m ($10m) for offering incentives in a way that was deemed non-compliant with the Swedish Gambling Act. The SGA awarded the...
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Tuesday, 17th March 2020
The Netherlands Gaming Authority (KSA) has announced it will be taking strict action following an increase in activity from online gambling providers and their advertisers. According to the KSA report,...
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Tuesday, 17th March 2020
Better Collective’s business and financial targets remain unaffected, despite the coronavirus outbreak causing all major sport to be suspended. The affiliate said business has been performing strongly...
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Tuesday, 17th March 2020
The Betting and Gaming Council (BGC) has urged the UK Government to provide emergency help to save thousands of jobs in the gaming industry, following fresh coronavirus advice from the Prime Minister. New...
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Tuesday, 17th March 2020
Gamesys Group revenue was £415.1m ($501.4m) for the full-year 2019, a rise of 35% year-on-year. Net income from continuing operations was £9.1m, down 53% from the previous year, while adjusted...
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Tuesday, 17th March 2020
Civil rights activist Reverend Al Sharpton has pleaded with Colorado lawmakers to stop the state from rolling out mobile sports betting. In a letter to Governor Jared Polis, Speaker of the House Kathleen...
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Tuesday, 17th March 2020
Greentube, the Interactive Division of Novomatic, has announced a new deal with Swiss Casinos Group which will see the gaming supplier bolster its presence in Switzerland. The company was one of the first...
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Tuesday, 17th March 2020
The Randox Health Grand National has been cancelled in the latest measure implemented to limit the spread of coronavirus in the UK. In an announcement on its website, the Jockey Club said it was “no...
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Monday, 16th March 2020
The third edition of AffiliateCon Sofia, scheduled for 12-13 May in Sofia, Bulgaria, will be postponed due to the COVID-19 pandemic. The event will instead take place on the same dates in 2021. Last Friday,...
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Monday, 16th March 2020
The Stars Group has declared it is performing ahead of expectations so far this year, despite the worldwide impact of the coronavirus. The operator said its UK segment, which includes the Sky Betting...
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Monday, 16th March 2020
In an attempt to limit the spread of coronavirus, the British Horseracing Authority (BHA) is set to enact emergency measures this week banning spectators from horseracing events. In line with the new...
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Monday, 16th March 2020
As coronavirus sweeps across Italy, the Italian Government has implemented a lockdown with the intention of stopping the virus from spreading further. The Italian Prime Minister has enforced a "stay at...
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Monday, 16th March 2020
Flutter Entertainment has provided a market update in light of recent developments to do with the spread of coronavirus. Referencing mass cancellations on the sporting calendar, the operator has projected...
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Friday, 13th March 2020
ATG has been issued a warning by the Swedish Gambling Authority (Spelinspektionen) after technical problems allowed players to receive bonuses more than once. Operator ATG sent a letter to Spelinspektionen...
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Friday, 13th March 2020
At ICE London 2020, Gambling Insider spoke with Mark Woollard, Business Development Director at Pragmatic Solutions, about the company’s approach to working with operators and its development plans...
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Friday, 13th March 2020
The New Jersey Division of Gaming Enforcement (DGE) has announced a year-on-year total state gaming revenue increase of 19% for February, to $287.3m. Revenue from casinos rose 11% to $218.3m while online...
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Friday, 13th March 2020
Crown Resorts has announced the appointment of Alan McGregor as its new CFO, subject to the receipt of any necessary regulatory approvals. McGregor has been with Crown Resorts for 15 years, holding a...
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Friday, 13th March 2020
Following the publication of DraftKings’ nine-month results up to September 2019, CEO Jason Robins said investors in the US are not necessarily looking at short-term results or current-quarter performance. With...
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Thursday, 12th March 2020
Full-year 2019 gross gaming revenue (GGR) for Finnish monopoly operator Veikkaus was €1.69bn ($1.87bn), down 4% year-on-year, while profit was €1bn, a drop of 1%. Lotto was the operator's best-performing...
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Thursday, 12th March 2020
Sportradar has broadened its Formula 1 offering with the launch of in-play betting for the 2020 season, which gets underway this weekend. The sports data supplier will provide pre-race and in-race markets...
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Thursday, 12th March 2020
As coronavirus spreads across Europe, governments and sporting bodies in multiple countries are taking action to limit the pandemic’s impact. In Italy, this has led to a country on lockdown, with...
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Thursday, 12th March 2020
Gauselmann Group has acquired a majority stake in software supplier Bede Gaming. The deal, described by German supplier Gauselmann as a "significant majority stake," further expands its digital presence...
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Thursday, 12th March 2020
Interwetten has entered the African market for the first time, after receiving a license to offer sports betting in Nigeria. Regulatory body, the National Lottery Regulatory Commission (NLRC), awarded...
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Thursday, 12th March 2020
Betway will pay a Gambling Commission fine of £11.6m ($14.8m) after being found guilty of a series of failings in relation to its VIP customers. In an investigation into the operator's high-spending...
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Wednesday, 11th March 2020
Inspired Entertainment Q4 revenue was $66.4m for 2019, a rise of 116% year-on-year. Adjusted EBITDA for the period was $17.7m, up 69%, while net operating loss was $2.2m, a drop of 8% from 2018. The...
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Wednesday, 11th March 2020
Raketech has announced its acquisition of gaming affiliate Lead Republik; a Maltese-registered company with revenue predominantly generated in Canada, New Zealand and Germany. Through the €1.4m ($1.6m)...
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Wednesday, 11th March 2020
Two advertisements posted on Instragram by Profit Accumulator have been deemed irresponsible and banned by the Advertising Standards Authority (ASA). Profit Accumulator is a paid-for service that provides...
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Wednesday, 11th March 2020
Entering the UK is an important step to help to boost growth for Pragmatic Play, according to its Vice President. Through a partnership with platform provider SkillOnNet, the supplier launched its live...
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Tuesday, 10th March 2020
The coronavirus outbreak could provide an opportunity to the gambling industry, rather than causing detrimental harm, according to an analyst. Jason Ader, CEO of SpringOwl Asset Management, told Gambling...
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Tuesday, 10th March 2020
The Betting and Gaming Council (BGC) has called on the UK Chancellor of the Exchequer to help the retail betting sector and tackle the unregulated gambling market, by reforming business and taxation rates. The...
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Tuesday, 10th March 2020
A number of racehorse trainers, veterinarians and drug distributors have been arrested in the US with charges related to the illegal drugging of racehorses. One of the 27 people arrested in relation to...
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Tuesday, 10th March 2020
Catena Media has appointed Peter Messner as the group's new CFO, effective from 1 April. Messner has extensive experience within the finance and gaming industry, including senior roles at Bwin, while...
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Tuesday, 10th March 2020
Betfred owner, Done Brothers (Cash Betting) Ltd, has purchased a 3% stake in rival operator William Hill. William Hill's latest market update showed 874,189,537 of its shares had been purchased by Fred...
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Monday, 9th March 2020
Intralot has announced the appointment of Christos Dimitriadis as its new CEO, effective immediately. Former CEO Sokratis Kokkalis has stepped down from the role but will remain Executive Chairman of...
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Monday, 9th March 2020
They call Prague the Heart of Europe and, at the Prague Gaming Summit, it was easy to see why. Despite the coronavirus outbreak impeding the travel plans of many, organiser European Gaming Media and Events...
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Monday, 9th March 2020
Bet-at-home gross betting and gaming revenue was €143.3m ($163.9m) for the full-year 2019, almost exactly the same as the prior year’s revenue of €143.4m. EBITDA for 2019 was €35.2m,...
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Monday, 9th March 2020
Legal sports betting will take place in Illinois for the first time on Monday afternoon, with BetRivers accepting wagers at 12pm central time. The sportsbook, operated by Rush Street Gaming, will be open...
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Monday, 9th March 2020
PokerStars has announced it will postpone three of its upcoming European events due to concerns over the spread of coronavirus. The three events are part of the poker operator’s ‘Road to PSPC’...
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Monday, 9th March 2020
Susan O’Leary, CEO of Alderney eGambling, believes an Alderney license is unique in its ability to open up pre-regulated markets to licensees. Speaking with Gambling Insider for its Jurisdictions...
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