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Gambling News Archive

Monday, 30th April 2018
Better Collective has secured financing to continue its strategy of growth through mergers and acquisitions in the form of a loan agreement with Nordea for $41.3m. The Danish-based developer of educational...
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Monday, 30th April 2018
AffiliateCon Sofia has announced that it will host a ‘Mega Panel’ that will discuss the new industry landscape. Subjects covered will look at the ever-evolving regulatory environment, the growing...
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Monday, 30th April 2018
The Jockey Club has announced a 5.2% increase to its revenues resulting in record contribution commitments to British horseracing prize funds of £27.1m for 2018. The UK horse racing group which...
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Monday, 30th April 2018
The CEO of worldwide casino developer Wynn Resorts, Matt Maddox has confirmed to Massachusetts gaming regulators that its forthcoming Wynn Boston Harbour casino development will be renamed Encore Boston...
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Monday, 30th April 2018
UK-based casino operator Rank Group, has announced the appointment of John O’Reilly as their new Chief Executive Officer.  Announcing its business strategy going forward, Rank Group confirmed...
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Monday, 30th April 2018
NOVOMATIC AG reached $3.03bn in sales during 2017 thanks to its Gaming Operations segment which represented 63% of total revenue at $1,920m according to the company’s latest financial report. Austrian-based...
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Friday, 27th April 2018
Mr Green has released its first quarter interim report of 2018 which shows revenues increased by 38% when compared to the same period last year. Total revenue reached $43.75m for the first three months...
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Friday, 27th April 2018
Crown Resorts Limited has announced that its Crown Melbourne operation has been fined $226,000 after 17 of their electronic gambling machines were found to have been using blanking buttons, both the operators...
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Friday, 27th April 2018
The Japanese Government has finalised a bill that will allow for the construction of integrated resorts in the country. Japanese Prime Minister, Shinzo Abe’s ruling Liberal Democrat Party (LDP)...
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Thursday, 26th April 2018
MGM Resorts International has announced that it has entered into a definitive agreement for the sale of its Mandarin Oriental Las Vegas hotel and ‘adjacent parcels of property’ for $214m. The...
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Thursday, 26th April 2018
The Louisiana State Senate voted 22-14 in favour of moving 15 riverboat casinos ashore in a bid to increase the state’s budget intake from gambling revenue. Riverboat casinos raised $415m for Louisiana’s...
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Thursday, 26th April 2018
Worldwide casino and resort developer Caesars Entertainment Corporation, fresh from announcing its first two non-gaming resort partnerships in Dubai, has announced the development of a third non-gaming...
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Thursday, 26th April 2018
The Gaming Commission of Belgium has concluded that three out of four loot boxes which they investigated under the request of the Minister of Justice violate the countries gambling legislation. The Gaming...
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Wednesday, 25th April 2018
Catena Media, the Malta-based financial lead generators, announced their latest acquisition of UK-based gg.co.uk, a horse racing focused website, for an initial purchase price of $2.79m. gg.co.uk...
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Wednesday, 25th April 2018
Wynn Resorts have reported a loss of $204.3m in the first quarter of 2018 despite success in both their Las Vegas and Macau operations as a result of a large cost incurred for settling a longstanding litigation. According...
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Wednesday, 25th April 2018
Kambi Group has achieved a year-on-year revenue growth of 15% and an operating profit increase of 42% according to the company’s latest Q1 report. The Swedish sports betting providers operating...
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Tuesday, 24th April 2018
The executive and membership of tribal gaming’s governing body, the National Indian Gaming Association (NIGA) have adopted a resolution which supports the introduction of legalised sports betting...
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Tuesday, 24th April 2018
Chris Snell, Industry Manager in the Performance Markets team for global search heavyweight Google, has become the latest name to join AffiliateCon Sofia’s growing list of keynote speakers. He will...
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Tuesday, 24th April 2018
Global gaming provider NetEnt’s revenue and operating profit increased during January-March 2018 compared to the same period in 2017 according to the company's Q1 interim report. Operating revenues...
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Tuesday, 24th April 2018
The Inspector General of the US Department of the Interior has announced an investigation into the agency’s handling of the Mohegan and Mashantucket Pequot tribes application to build a third tribal...
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Monday, 23rd April 2018
Sports betting company Sportech has announced the intended sale of its Dutch based business Sportech Racing BV, to RBP Luxembourg for a fee of €3.25m ($3.97m). Sportech Racing BV currently enjoys...
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Monday, 23rd April 2018
The Malta Gaming Authority (MGA) has confirmed the appointment of Heathcliff Farrugia as its new CEO, replacing outgoing MGA head, Joseph Cuschieri. Joseph Cuschieri announced that he would be taking...
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Monday, 23rd April 2018
Worldwide online gaming business, The Stars Group, has announced what could be one of 2018s biggest corporate acquisitions, agreeing a $4.7bn cash and stock deal to purchase Sky Betting & Gaming (SBG)...
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Friday, 20th April 2018
Representatives from Football DataCo, the company which holds the rights for the English Premier League and all professional soccer leagues in England and Scotland, have voiced their agreement with the...
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Friday, 20th April 2018
The Seminole Tribe and the State of Florida have reached an agreement over an amended compact granting the tribe card and slot gambling exclusivity in return for $300m in revenue sharing for the state. The...
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Thursday, 19th April 2018
Swedish-based gambling firm Global Gaming have announced that their CEO, Steffan Olsson will step down after ten years in the role. Olsson, who stepped down at his own request will take on a new role...
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Thursday, 19th April 2018
The Dutch Gambling Authority, has released a public report on their website demanding that the gaming industry adjust their loot box offerings within games in order to comply with gambling regulations...
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Thursday, 19th April 2018
Wynn Resorts has announced that it will be expanding its board to 11 members to make space for three new female independent directors. The recent settlement agreement to end litigation disputes with Wynn...
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Thursday, 19th April 2018
The fantasy sports company PlayUp Australia Limited has announced that it has acquired the online gaming operator ClassicBet during a month of multiple acquisitions, according to a recent press release. Reportedly,...
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Wednesday, 18th April 2018
Nordic-focused online gaming provider, Cherry AB, has revealed year-on-year revenue growth of 104% during 2017. In its full financial report for the year, the gaming company reported revenues of $267,668...
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Wednesday, 18th April 2018
The Danish Gambling Authority (DGA), Spillemyndigheden, has released its 2017 annual report showing an increase of 3.48% in revenue totalling DKK9,220m  ($1.53bn) and an increase of 19% to its...
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Wednesday, 18th April 2018
Latest figures released by the Pennsylvania Gaming Control Board (PGCB) show a record-breaking $300m was raised by the state's twelve casino’s during March. In its monthly report, the PGCB confirmed...
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Tuesday, 17th April 2018
American daily fantasy sports company DraftKings has announced that it will begin offering daily fantasy sports (DFS) contests to Australian punters in Q2 2018. The company confirmed that it has been...
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Tuesday, 17th April 2018
GambleAware was pleased with the level of donations it received in the 12 months ending 31st March 2018. According to an open letter written by the GambleAware CEO Marc Etches addressing the gambling industry,...
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Tuesday, 17th April 2018
Affiliates attending the two-day AffiliateCon Sofia convention – held at the Sofia Event Center from 15-16 May ­– will be treated to a VIP networking party, organisers have announced. Sponsored...
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Tuesday, 17th April 2018
Las Vegas stalwart Caesars Entertainment Corporation has announced the signing of a casino development agreement with the Buena Vista Rancheria of Me-Wuk Indians of California. Under the terms of the...
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Tuesday, 17th April 2018
Online poker players in New Jersey, Nevada and Delaware will be able to take advantage of the US’s first multi-state online poker network from 1 May. Nevada and Delaware first entered into a shared...
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Tuesday, 17th April 2018
Scientific Games Corporation has announced that its SG Digital subsidiary has commenced “sportsbook product review sessions” with the New Jersey Division of Gaming Enforcement (NJDGE), in preparation...
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Monday, 16th April 2018
Eldorado Resorts, Inc. has announced that an agreement has been reached to acquire Tropicana Entertainment Inc. in a $1.85bn cash transaction deal, as reported on the company’s official website. The...
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Monday, 16th April 2018
XLMedia, the Jersey-based online gaming media specialists, has announced the acquisition of WhichBingo, the UK-headquartered online bingo reviews website, for an undisclosed sum. XLMedia was founded in...
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Monday, 16th April 2018
Global casino resort developer, Caesars Entertainment Corporation, have announced plans to operate two hotels and a beach club in Dubai, which will be the first Caesars operated and branded properties...
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Monday, 16th April 2018
China has announced its plans for the future Hainan, including suggestions to offer horse racing and an expanded sports lottery in the region, as part of a wider national push of ‘comprehensive deepening...
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Monday, 16th April 2018
English Premier League club, Crystal Palace FC, have announced that they will take part in a GambleAware initiative designed to address gambling-related harm within football, becoming the first Premier...
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Monday, 16th April 2018
Representatives of the four biggest professional sports players associations have issued a joint statement outlining their stance on sports betting legalisation in the US. Players associations from leagues...
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Friday, 13th April 2018
It has been a busy week of affiliate acquisitions for Catena Media, who have announced their second big acquisition in as many days, this time purchasing French affiliate ParisSportifs.com. The initial...
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Friday, 13th April 2018
Peter Ivanov, Head of Trading at eSports betting giant UltraPlay has become the latest name to join the illustrious list of speakers giving talks at AffiliateCon Sofia. Leading the company’s sports...
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Friday, 13th April 2018
Tabcorp UK Limited has had its gambling license reviewed as well as being made to pay £84,000 to ‘good causes’ by the UK Gambling Commission (UKGC), following an investigation into the...
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Friday, 13th April 2018
SJM Holdings Limited, the Macau headquartered hotel and casino operator, has announced several board changes, including the appointment of Daisy Ho as Chairman and Executive Director of the company. Daisy...
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Friday, 13th April 2018
Hong Kong based Melco Resorts and Entertainment Limited has announced the opening of an office in Osaka, Japan, reportedly with the intention of spending up to $10bn to construct an integrated resort on...
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Friday, 13th April 2018
Embattled casino developer Wynn Resorts is reportedly in discussions relating to a possible sale of its $2.5bn casino development under construction in Boston Harbour to MGM Resorts International according...
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Thursday, 12th April 2018
Malta based performance marketing company, Catena Media, has announced its expansion into the German affiliates market, by acquiring BrokerDeal.de for a fee of €3.6m ($4.4m) The deal, which includes...
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Thursday, 12th April 2018
The UK Gambling Commission (UKGC) has announced the appointment of Neil McArthur as its new CEO. McArthur has been acting as interrim CEO since February, following the departure of  Sarah Harrison...
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Thursday, 12th April 2018
Playtech, the Isle of Man based gambling software development company, has announced that it has agreed a deal to purchase the Italian gaming company Snaitech for €846m ($1.04bn), through the purchase...
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Wednesday, 11th April 2018
Ohio’s Casino Control Commission released a report showing strong growth for gambling revenue during March 2018, when compared to the same month in 2017. Racinos slot revenue was up to $96.4m, an...
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Wednesday, 11th April 2018
Less than a year after exiting Chapter 11 bankruptcy protection, global casino heavyweight Caesars Entertainment Corporation has announced that it will compensate its CEO, Mark Frissora to the tune of...
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Tuesday, 10th April 2018
Figures released by New Jersey’s Department of Gaming Enforcement (DGE) announcing its ‘Quarterly and Year-End Results’ for Atlantic City, showed gross operating profits have soared in New Jersey’s...
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Tuesday, 10th April 2018
Gibraltar based, 888 Holdings Public Limited Company, has revealed through a press release on the company’s website that it has ‘filed a constitutional complaint with the German Federal Constitutional...
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Tuesday, 10th April 2018
Attempts to allow the development of tribal gaming properties in the US State of Maine have once again fallen flat following a vote in the states' House of Representatives. Representative Henry John Bear,...
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Tuesday, 10th April 2018
Attempting to rebuild its tarnished public image following the allegations of sexual misconduct against its former CEO, Steve Wynn, Wynn Resorts have announced the creation of a Culture and Community Department. Corinne...
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Tuesday, 10th April 2018
Swedish based online gaming software provider Aspire Global has reported an 18% increase in its revenues during the full-year 2017. Announcing its full set of financial results for the year, the company...
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Monday, 9th April 2018
Rodrigo Duerte, the President of the Philippines, has joined other high ranking public officials in the Philippine Government in voicing his disapproval of a planned $500m integrated resort casino development ...
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Monday, 9th April 2018
The French Government will begin privatising the countries national lottery provider by selling an estimated 50% share in Francaise des Jeux (FDJ), according to reports in the Journal du Dimanche. French...
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Monday, 9th April 2018
White label gaming software provider Nektan has announced a 44.8% year-on-year rise in its net gaming revenues for Q3 FY2018. In its latest financial report, the company revealed net gaming revenues of...
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Friday, 6th April 2018
Putting all of its chips on the table, the US state of New Jersey has accrued an estimated $7.2m in legal costs in its fight to legalise sports betting in the US. According to reports on the US-based...
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Friday, 6th April 2018
Gaming real estate investment company,  MGM Growth Properties LLC has announced the agreement of a deal to purchase the Hard Rock Rocksino Northfield Park, Ohio for $1.06bn. Under the terms of the...
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Thursday, 5th April 2018
The Nevada Gaming Control Board has agreed on the recommended approval to several regulations to be reviewed during its Gaming Commission meeting on April 19. The recommendations of proposed amendments...
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Thursday, 5th April 2018
A new gambling Act has been proposed in Sweden which will offer a new licence system and increased emphasis on player protection, according to a report released on the government's website. The Bill is...
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Thursday, 5th April 2018
The UK’s House of Commons' Public Accounts Committee (PAC) has released a report which claims that lottery profits going towards good causes is falling as Camelot are called out for their shortcomings. The...
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Thursday, 5th April 2018
Regulators from the Pennsylvania Gaming Control Board (PGCB) have awarded the state’s fifth mini-casino licence to the Mountainview Thoroughbred Racing Association following the latest in ten state...
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Thursday, 5th April 2018
Better Collective has confirmed its expansion into its domestic market of Denmark by confirming the acquisition of all Danish affiliate activities from Xperten Ltd and Xpert Ltd, this includes the SpilXperten.com...
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Wednesday, 4th April 2018
Las Vegas based games manufacturer, developer and distributor, Galaxy Gaming, had a tough year despite improving its financial outlook at the end of 2017 thanks to a strong last quarter, as reported in...
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Wednesday, 4th April 2018
Sports betting business Kambi Group has revealed an 11% year-on-year rise in its total revenues during the full-year 2017. Publishing its financial report for the year, Kambi revealed total 2017 revenues...
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Wednesday, 4th April 2018
Officials from the US state of Rhode Island have invited sports betting companies to submit tenders to run athletics betting at the states casinos, pending a Supreme Court decision on sports betting. Issuing...
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Tuesday, 3rd April 2018
Global gaming provider NetEnt has released its annual financial report for the year ending 2017 showing another strong year for growth and operating profits, despite the departure of its CEO Per Eriksson...
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Tuesday, 3rd April 2018
Tipico and the Austrian Football Bundesliga have announced the extension of the two’s major sponsorship agreement which includes the leagues naming rights and will now run until the end of the 2019/20...
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Tuesday, 3rd April 2018
UK billionaire and boss of Virgin, Sir Richard Branson has signed a deal to purchase the iconic Hard Rock Hotel and Casino in Las Vegas for an undisclosed fee. The sale which was concluded by Toronto-based...
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Tuesday, 3rd April 2018
The Japanese Government has cleared another hurdle in its push to open up casinos in the country, by agreeing on the limit of how many can be initially constructed nationwide to three. This latest development...
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