continent8.jpg
continent8.jpg
continent8.jpg
CLOSE
× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine GGA 2017 AffiliateCon

Gambling News Archive

Friday, 29th April 2016
The latest company within the industry to post a financial report is Novomatic, which has broken its revenue record for the full year 2015, moving past €2bn for the first time. A total of €2.09bn...
READ MORE
Friday, 29th April 2016
Mr Green has reported a 12% year-on-year revenue increase to SEK 218.5m (£18.6m) for the first quarter of 2016. EBITDA before non-recurring items saw an upturn of 24% to SEK 30.2m and earnings...
READ MORE
Thursday, 28th April 2016
California has moved one step closer to becoming the fourth US state to have regulated online gambling, after i-poker bill AB 2863 was unanimously passed by the Assembly Governmental Organization Committee. The...
READ MORE
Wednesday, 27th April 2016
Gala Coral has voluntarily opted to pay a settlement of over £846,000 to the victim of a theft, after it was concluded that the stolen money was laundered through Coral brands. The operator said that...
READ MORE
Wednesday, 27th April 2016
Significant increases in revenue and gross profit have been reported by NYX Gaming Group for the full year 2015, though not all figures were positive. Revenue soared 91% to CAD$52.3m and gross profit...
READ MORE
Wednesday, 27th April 2016
Unibet has reported record first quarter gross winnings revenue of £122.4m, up 61% year-on-year. The operator’s EBITDA went up 80% to £27.6m, while profit before tax saw an upturn of 99% to £22.5m...
READ MORE
Wednesday, 27th April 2016
The Future of Betting Shops seminar, held at the Palace of Westminster on Tuesday, was the second in a series of gambling seminars organised by the All Party Betting and Gaming Group (APBGG). By the time...
READ MORE
Tuesday, 26th April 2016
Boyd Gaming, which holds partial ownership of the Borgata Hotel Casino & Spa, is to acquire the Las Vegas assets of Cannery Casino Resorts for $230m. Boyd currently owns and operates 22 gaming properties...
READ MORE
Tuesday, 26th April 2016
The debate on fixed-odds betting terminals (FOBTs) has surfaced once again, with the Local Government Association (LGA) asking for maximum stakes that can be placed on the machines in betting shops to...
READ MORE
Monday, 25th April 2016
GVC Holdings has announced it increased its net gaming revenue (NGR) by 10% to €248m for the full year 2015. Clean EBITDA went up by 10% to a record €54.1m and profit before tax ascended 21% to €50m. Dividends...
READ MORE
Friday, 22nd April 2016
The Competition and Markets Authority (CMA) has delayed the publishing of its provisional findings on the proposed Ladbrokes Coral merger until mid-May. Mid-April was the initial time the operators expected...
READ MORE
Thursday, 21st April 2016
In a move that will surprise many, Mississippi legislators have turned their backs on previous opinion that existing state law prohibited daily fantasy sports by passing a new Senate Bill. The Mississippi...
READ MORE
Thursday, 21st April 2016
Stoke City F.C have announced that the club’s stadium will be called the “bet365 Stadium” from the start of next season. The deal between the sports-betting operator and the football club, both...
READ MORE
Wednesday, 20th April 2016
A panel gathered to discuss the key i-gaming issues at a seminar titled “The future of online gambling” at Portcullis House in Westminster, London, hosted by the All Party Betting & Gaming Group (APBGG). Richard...
READ MORE
Tuesday, 19th April 2016
NetEnt reported a series of year-on-year increases in its first quarter 2016 financial results. The provider’s operating profit went up 57% to SEK 128.1m (£11.01m), while revenues ascended 33% to SEK...
READ MORE
Monday, 18th April 2016
The Delaware Lottery has announced that March was a record-breaking month for i-gaming revenues in the state. Online operations collected $260,539 (€230,621) in March, almost $20,000 more than the previous...
READ MORE
Monday, 18th April 2016
The Culture Secretary, John Whittingdale MP, has appointed five new commissioners to the Gambling Commission. Sarika Patel, John Baillie, Catharine Seddin, Simone Pennie and Stephen Cohen will take up...
READ MORE
Friday, 15th April 2016
A consultant for the Campaign for Fairer Gambling (CFG) has accused the Responsible Gambling Strategy Board (RGSB) of admitting to failure in research carried out by the Responsible Gambling Trust (RGT)...
READ MORE
Friday, 15th April 2016
Sports-betting integrity body ESSA received 11 reports of suspicious betting patterns during the first quarter of 2016. Of the 11 cases, nine were related to tennis, with one each in basketball and football. Five...
READ MORE
Thursday, 14th April 2016
While New Jersey showed via its March figures that it has broken the record for online gaming revenue once again, there was one particular event that occurred in the month that grabbed the attention of...
READ MORE
Thursday, 14th April 2016
The Czech lower house has approved legislation to raise taxes on gambling firms and open the online market to foreign operators. Reuters reports that, as of next year, tax on slot machines will increase...
READ MORE
Wednesday, 13th April 2016
Melco Crown Philippines suffered a net loss of 9.14bn pesos (approx US$199m) in 2015. The figure represents a 45% increase on the 2014 net loss of 6.3bn pesos. Gross revenue for 2015 sits at 13.73bn pesos...
READ MORE
Wednesday, 13th April 2016
The small, mountainous state of Nagaland, located in Northeast India, has become the first to pass legislation on online skill games in the country, a landmark moment for gaming in world’s second most...
READ MORE
Tuesday, 12th April 2016
More betting operators have signed up to British Racing's Authorised Betting Partner (ABP) scheme. 188BET, BetStars, McBookie, SeanieMac and ApolloBet have all joined in recent days, agreeing to make a...
READ MORE
Tuesday, 12th April 2016
The Senet Group now has eight members, after the UK self-regulatory body announced it is to be joined by Gala Leisure and Gala Interactive. This is a significant move after Gala’s retail division was...
READ MORE
Monday, 11th April 2016
UK bookmakers are likely to have made over £75m profit on Grand National day at the weekend, according to data from sports-betting social network bettingexpert.com. With more than 35 million bets expected...
READ MORE
Friday, 8th April 2016
Casino operator Las Vegas Sands has paid a $9m penalty to settle a case relating to its business activities in Macau and China. The Securities and Exchange Commission (SEC) has closed its investigation...
READ MORE
Friday, 8th April 2016
Atlantic City’s eight casino licensees generated an increased gross operating profit of 40% to $547.4m for the full year 2015. The New Jersey Division of Gaming Enforcement, which releases gaming revenue...
READ MORE
Thursday, 7th April 2016
Recent developments have occurred this week with regards to daily fantasy sports (DFS) legislation in four US states. Here is a brief summary of the most recent updates. Alabama Attorney General (AG)...
READ MORE
Thursday, 7th April 2016
The record UK Lotto prize win has been broken for the second time this year, with one player being entitled to a £35.1m payout from Wednesday night’s draw. While the owner of the winning ticket is...
READ MORE
Wednesday, 6th April 2016
European online gross gaming yield (GGY) more than tripled between 2005 and 2015 to over $15bn, data sent to Gambling Insider has revealed. Global Betting and Gaming Consultants (GBGC) provided the data,...
READ MORE
Wednesday, 6th April 2016
A man suspected of running an illegal online gambling site using capital of 400 billion yuan (£43.86bn) has been transferred to China by Vietnamese police. China Daily reported the news, and that it is...
READ MORE
Tuesday, 5th April 2016
In arguably the most significant M & A deal to have been announced this year, it emerged on Monday that NYX Gaming Group is to acquire OpenBet for £270m, with William Hill investing £80m towards the...
READ MORE
Tuesday, 5th April 2016
Paddy Power Betfair is set to release 650 employees, according to the Irish Times. That would mean that 9% of the total workforce of 7,200 would be cut from the books, and staff have reportedly been told...
READ MORE
Tuesday, 5th April 2016
Lead generation specialist Catena Media has acquired affiliate AskGamblers.com for €15m. The deal is the largest in Catena's history and its third acquisition this year. The transaction includes all...
READ MORE
Monday, 4th April 2016
NYX Gaming Group has agreed to acquire fellow supplier OpenBet for £270m. Operators William Hill and SkyBet are contributing £80m and £20m respectively to the overall purchase price, which also includes...
READ MORE
Monday, 4th April 2016
Various parties within the horseracing industry are reportedly in discussions over the possibility of forming a new pooled betting business that would compete with the Tote’s monopoly. According to The...
READ MORE
Monday, 4th April 2016
Ron Finlay has stood down from his position as CEO of UK self-regulatory body the Senet Group. Having initially been recruited as interim CEO to set up governance for the organisation in August 2014, Finlay...
READ MORE
Monday, 4th April 2016
The chief executive of the firm at the centre of a betting payouts furore says his operators were following "regulator approved procedures" in the face of "activity deemed suspicious". Punters have taken...
READ MORE
Friday, 1st April 2016
A strong sense of irony can be felt when learning of FanDuel and DraftKings’ decision to indefinitely suspend college sports contests from their offerings after this week’s college basketball games,...
READ MORE
Friday, 1st April 2016
New Jersey Governor Chris Christie won't support casinos in north Jersey unless there is a state takeover of Atlantic City finances. He also doesn't believe voters will approve the new casinos without...
READ MORE
Friday, 1st April 2016
The decline in gross revenue for Macau casinos is now getting close to two years, in terms of monthly year-on-year falls, but the signs are that the market could be close to flat-lining. March’s result...
READ MORE
PREMIUM CONNECTIONS