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Gambling News Archive

Thursday, 30th April 2020
Revenue for Sazka Group has increased 6% year-on-year for 2019, while profit also showed a 35% rise. Gross gaming revenue (GGR) through 31 December rose to €1.91bn ($2.09bn), with net gaming revenue...
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Thursday, 30th April 2020
Operators are not taking the current situation brought about by the coronavirus pandemic lightly and are very much focused on player protection, according to a panellist from William Hill. Speaking at...
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Thursday, 30th April 2020
The coronavirus outbreak could lead to a digital transformation for lotteries in the US, according to a panel. Discussing US lotteries during the coronavirus at SBC’s Digital Summit, the Oregon...
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Thursday, 30th April 2020
According to Ivonne Montealegre, founder and event director of the Malta Poker Festival, live poker will regain its popularity after the current crisis but will see some changes. Speaking on a panel during...
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Thursday, 30th April 2020
Melco Resorts & Entertainment has sold its 9.99% stake in Crown Resorts to The Blackstone Group. The casino operator only acquired shares in its Australian counterpart last June, with an announcement...
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Thursday, 30th April 2020
Flutter Entertainment has announced its acquisition and merger with The Stars Group (TSG) will be completed on 5 May. The deal will see Flutter acquire all TSG’s issued and outstanding shares, to...
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Wednesday, 29th April 2020
The Gambling Commission is to divert £9m ($10.3m) of funds generated from regulatory settlements to GambleAware. The charity, which helps deliver the National Strategy to Reduce Gambling Harms in...
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Wednesday, 29th April 2020
With the COVID-19 pandemic affecting industries worldwide, without even mentioning its effect on human life in general, the gambling industry was always bound to suffer to some degree. Land-based casinos...
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Wednesday, 29th April 2020
Although esports betting is performing well during the current COVID-19 pandemic, Dominik Beier, CEO of Interwetten, believes this will not continue once regular sports are able to return. Speaking on...
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Wednesday, 29th April 2020
ActiveWin managing director and founder Warren Jacobs will speak at AffiliateCon Virtually Live on Tuesday 12 May. Taking part in an affiliate & operator panel which will cover market trends from...
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Wednesday, 29th April 2020
Catena Media has reported a 2% year-on-year rise in revenue for Q1 2020, outlining that the coronavirus pandemic has had a limited impact on operations. Revenue rose to €26.7m ($29m) for the first...
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Tuesday, 28th April 2020
The European Gaming and Betting Association (EGBA) has published the first pan-European code of conduct for responsible online gambling advertising, particularly aimed at protecting children. The ‘Code...
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Tuesday, 28th April 2020
GVC Holding has announced it has agreed a new £535m ($667.3m) Revolving Credit Facility (RCF) with existing lending banks. The updated RCF is on predominantly the same terms as the former agreement...
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Tuesday, 28th April 2020
Racing Post, Betsson Group and Pressbox PR will all feature at AffiliateCon Virtually Live on Tuesday 12 May, taking part in a must-watch sports betting panel discussion. AffiliateCon Virtually Live will...
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Tuesday, 28th April 2020
Gaming Realms has posted a loss of £5.4m ($6.7m) for 2019, despite revenue rising 11% year-on-year. The supplier’s loss for the full year 2019 comes after posting a profit of £900,000...
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Tuesday, 28th April 2020
Yanica Sant, head of EU affairs & policy, Malta Gaming Authority (MGA) says the data the regulator has received does not show as "drastic" a change in player behaviour as was expected during the COVID-19...
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Tuesday, 28th April 2020
Svenska Spel saw Q1 2020 revenue of SEK 2.05bn ($207m), which is consistent with the same quarter of 2019. Operating profit was SEK 701m, up 35% year-on-year. The Swedish operator saw its digital business...
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Tuesday, 28th April 2020
One of the biggest lessons for retailers during the coronavirus outbreak is that online gaming isn’t the "enemy," according to the CEO of Italian firm Snaitech. Fabio Schiavolin said there were...
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Tuesday, 28th April 2020
Following his talk at the 'Business continuity in the face of COVID-19' panel at the SBC Digital Summit, Gambling Insider caught up with Betsson Group CEO Jesper Svensson. What are the benefits of having...
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Tuesday, 28th April 2020
JP Morgan Securities (Asia Pacific) Ltd noted that the situation in Macau might not be as bad as it initially believed. The organization believes a post-pandemic industry recovery might bring Macau’s...
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Monday, 27th April 2020
The Pakistan Cricket Board (PCB) has banned batsman Umar Akmal from all forms of the sport for three years, after he failed to report corrupt match-fixing approaches. The Pakistan international was provisionally...
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Monday, 27th April 2020
Members of the Betting and Gaming Council (BGC) in the UK will no longer advertise on TV or radio during the COVID-19 lockdown – but not due to Government regulation. Indeed, in another proactive...
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Monday, 27th April 2020
The Stars Group’s acquisition by Flutter Entertainment has been given the green light by its shareholders after they voted overwhelmingly in favour of the arrangement. At a meeting, approximately...
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Monday, 27th April 2020
Tim Heath, CEO & founder of Coingaming Group, says the crypto-currency gaming company is increasing its communication with players during the coronavirus pandemic. While highlighting the unlikely...
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Monday, 27th April 2020
Aristocrat Leisure Ltd announced it will be ‘standing down’ 1,000 staff members. The casino slot machine maker declared the move to cut jobs is an effort to mitigate the damage the virus outbreak...
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Monday, 27th April 2020
Gambling consultant Steve Donoughue believes UK retail sports betting will see a lasting impact after the COVID-19 crisis subsides. Speaking with Gambling Insider for the May/June edition of its magazine,...
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Monday, 27th April 2020
Virtual sports will be a “core offering” for operators when live sport returns, according to the COO of Inspired Entertainment. The president and COO of the virtual sports supplier, Brooks...
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Monday, 27th April 2020
From 2017 to 2019, Macau outperformed the famed Last Vegas Strip by earning about $3 billion per month. The sum is about five times higher than earnings in the US market. However, according to data gathered...
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Friday, 24th April 2020
The European Gaming and Betting Association (EGBA) is concerned the new temporary restrictions on online gaming in Sweden will fail to protect players. Instead, the European industry body warns the restrictions...
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Friday, 24th April 2020
Interwetten will offer Golden Race’s range of virtual sports and games after the two firms secured an agreement. The partnership will allow the supplier to continue its growth in Europe, with its...
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Friday, 24th April 2020
With the absence of major sport due to the coronavirus pandemic, not only are gaming firms looking to other verticals, they're looking to new products. No sports markets to bet on? Don’t worry,...
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Friday, 24th April 2020
Intralot has provided a business update in response to the COVID-19 pandemic and its financial impact on the company. Since March, the lottery and gaming solutions provider has utilised technology...
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Friday, 24th April 2020
Kindred Group has reported a year-on-year revenue rise of 11% for Q1 2020; however, the impact of the coronavirus outbreak along with exceptional costs has led to a fall in profit. Revenue increased to...
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Friday, 24th April 2020
This weekend, the Remote Darts League (RDL), a new events arm set up by FSB, is offering darts fans a unique chance to play against an RDL professional of their choice. They’re also streaming it...
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Friday, 24th April 2020
Kambi Group has posted a 33% year-on-year revenue increase for Q1, despite business being impacted by the coronavirus outbreak, which has led to a suspension in all major sport. Revenue until 31 March...
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Friday, 24th April 2020
In response to the COVID-19 outbreak, Sweden’s government proposed a set of temporary rules that will restrict gambling activities. Social security minister Ardalan Shekarabi proposed to limit the...
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Thursday, 23rd April 2020
Betsson generated a 7% year-on-year rise in both reported and organic revenue for Q1, to SEK 1.4bn ($130m). The operator’s results from January to March were largely unaffected by the coronavirus...
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Thursday, 23rd April 2020
Horseracing in France is set to resume from 11 May under strict conditions, according to the sport’s governing bodies in the country. Racing in the country has been suspended since 17 March because...
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Thursday, 23rd April 2020
The Committee of Advertising Practice (CAP) has issued an advice notice to British operators making clear that esports betting-related advertising must be compliant with rules that apply to other gambling...
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Thursday, 23rd April 2020
Evolution Gaming has seen revenue rise 45% year-on-year for Q1, which the supplier credits to the absence of sports betting that has caused an increased demand for its products. Operating revenue was...
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Thursday, 23rd April 2020
GGPoker and King’s have announced they will both be represented by tennis legend Boris Becker in a brand ambassador role. The six-time tennis major winner and former world number one will represent...
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Thursday, 23rd April 2020
Green Jade Games has appointed former NetEnt executive Mark Taffler as its Chief Commercial Officer (CCO). Taffler assumes his role at the casino supplier effective immediately and will be responsible...
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Thursday, 23rd April 2020
EvenBet Gaming has agreed a deal with SBC to become an official sponsor of the SBC Digital Summit, where the online gaming software developer will host an exclusive poker tournament for delegates. EvenBet...
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Thursday, 23rd April 2020
Tranmere Rovers, its Chairman Mark Palios and its Captain Scott Davies have formed a partnership with The Big Step, Gamban and the NHS to help those impacted by problem gambling. Emphasising the increased...
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Wednesday, 22nd April 2020
L&L Europe has been handed an SEK 600,000 ($59,600) fine by the Swedish Gambling Authority (SGA) for failing to stop self-excluded players from playing on its sites. Players were able to play on L&L’s...
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Wednesday, 22nd April 2020
The Parliamentary All Betting & Gaming Group (APBGG) has announced it will be reviewing the UK’s Gambling Act 2005 to ensure its laws are still relevant. The review is motivated by the Conservative...
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Wednesday, 22nd April 2020
Everi Holdings has announced it has obtained a $125m loan. The supplier also managed to change the company’s credit agreements with its current lenders, such as modifying the compliance threshold...
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Wednesday, 22nd April 2020
NetEnt saw revenue of SEK 518m ($51.4m) for the first quarter of 2020, a rise of 24% year-on-year. The supplier generated EBITDA of SEK 229m, an increase of 17% from 2019, while earnings after tax amounted...
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Wednesday, 22nd April 2020
Sky Betting & Gaming, William Hill, 888 Holdings, GVC Holdings and Bet365 are among the UK operators to feature FIFA tournaments and Home Tour Darts on their sportsbook homepages. In the absence of...
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Tuesday, 21st April 2020
French operator La Française des Jeux (FDJ) has announced a 1% year-on-year decline in revenue for Q1 2020 due to the coronavirus outbreak. Revenue is down to €500m ($543.6m), while player...
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Tuesday, 21st April 2020
According to an internal memo seen by Bloomberg, Genting has proposed an employee salary cut for the first time since its founding in 1965. The move comes in light of the coronavirus pandemic, which has...
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Tuesday, 21st April 2020
Operator 888 Holdings has partnered with Golden Race to offer a range of virtual sports games on both its casino platform and sportsbook. During a time of global shutdown for major sport, operators have...
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Tuesday, 21st April 2020
GambleAware, a charity working to reduce gambling harm in the UK, has received £10m ($12.3m) in donations from the gambling industry from April 2019 to March 2020, excluding regulatory settlements...
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Tuesday, 21st April 2020
OPAP has been given the all clear to proceed with its 51% acquisition of Stoiximan Group’s Greece and Cypriot operations (SMGC). The Hellenic Competition Commission initially approved the €94.9m...
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Tuesday, 21st April 2020
Donaco International Ltd, an Australian registered operator, has confirmed it will extend the shutdown of operations in the Aristo International Hotel, Vietnam, for another week. The initial shutdown of...
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Tuesday, 21st April 2020
Stephen Crystal, Head of Betfred Sports US Development, believes Las Vegas will eventually return to being an industry-leading region once the dust has settled post-COVID-19 – although it could take...
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Monday, 20th April 2020
Macau CEO Ho Iat Seng believes the region should be "soberly aware" of the challenges it faces during the coronavirus pandemic. The Macau Government will spend over MOP50bn ($6.27bn) in response to the...
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Monday, 20th April 2020
The Malta Gaming Authority (MGA) has signed a data-sharing agreement with the International Cricket Council (ICC), to help tackle match-fixing. The deal will allow the MGA and cricket’s governing...
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Monday, 20th April 2020
Tal Itzhak Ron is returning to AffiliateCon this May to headline the AffiliateCon Virtually Live conference on Tuesday 12 May. Hosting a Tal Ron All Stars Panel, following his success in the 2018 edition...
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Monday, 20th April 2020
The in-play virtual sports betting market will see “big growth,” according to the CEO of Golden Race. CEO of the virtual sports supplier, Martin Wachter, believes the absence of live sports...
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Monday, 20th April 2020
The English Premier League has tentatively proposed 8 June as the earliest potential return date for top-flight football in the UK. The plan would depend on Government advice, with games to be played...
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Monday, 20th April 2020
Paf has seen revenue made from customers who lost at least €30,000 ($32,630) in 2019 fall 67% year-on-year to €3.2m. The number of customers who lost €30,000 or more last year gambling...
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Monday, 20th April 2020
Valentina Franch, Assistant Manager at KPMG Malta, believes now is the time for operators to create industry trust by focusing efforts on responsible gambling. Speaking during an online Betting In Face...
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Monday, 20th April 2020
Casino and bingo hall operator Rank Group Plc. has furloughed nearly 90% of its UK employees. The decision was impacted by the closure of venues due to the COVID-19 lockdown. The 7,000 out of 7,600 employees...
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Monday, 20th April 2020
The White House has a plan to re-open US businesses in three phases and experts are trying to decide how it will impact more than 1,000 casinos that were shut down due to coronavirus pandemic. The plan...
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Friday, 17th April 2020
Former Manchester City and Nigeria international footballer Dickson Etuhu has been banned from all football activity in Sweden for five years for his involvement in match-fixing. The midfielder was banned...
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Friday, 17th April 2020
Affiliate AskGamblers is to donate €50,000 ($54,353) to help fight the coronavirus outbreak. The money will be diverted by its parent company Catena Media and donated to UNICEF. The funds come out...
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Friday, 17th April 2020
Revenue from gambling on esports is estimated to double to $14bn worldwide in 2020, according to new research. Research from global consumer research agency 2CV and market researcher ProdegeMR suggests...
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Friday, 17th April 2020
As the coronavirus outbreak gripped the globe, the UK media unsurprisingly found less time to cover the gambling industry, focusing instead on the quickly unfolding pandemic. At the same time, the positive...
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Friday, 17th April 2020
Flutter Entertainment revenue grew 16% year-on-year for Q1 2020, to £547m ($680m), despite the impact the coronavirus outbreak has had on sports betting. Before the suspension of all major sport...
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Friday, 17th April 2020
For a second time, the G2E Asia exhibition has been postponed this year, and now will take place from December 1 to 3 at Cotai Expo at the Venetian Macao casino resort.   The event was originally...
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Friday, 17th April 2020
According to its most recent trading update, Stars Group saw record revenue for Q1 2020 of $735m, a rise of 27% year-on-year. Operating income was in the range of $140m – $149m, up 133%, while adjusted...
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Thursday, 16th April 2020
TVBet has told Gambling Insider it respects the Advertising Standards Authority’s (ASA) recent decision to ban one of its adverts after a complaint from BetGames.tv. It is also worth noting...
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Thursday, 16th April 2020
The European Gaming and Betting Association (EGBA) has claimed national lockdowns brought about by the coronavirus outbreak will lead to less online gambling and not more. It is widely acknowledged in...
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Thursday, 16th April 2020
The Young Gamers and Gamblers Education Trust (YGAM) has announced the appointment of former Gambling Commission Communications Executive, Daniel Bliss, as its new Head of External Affairs. Bliss joins...
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Thursday, 16th April 2020
Following news of BetVictor ending its sponsorship of non-league football, Gambling Insider caught up with Isthmian League Chairman Nick Robinson, who had previously declared his disappointment at the...
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Thursday, 16th April 2020
According to figures released on Wednesday by New Jersey’s Division of Gaming Enforcement, Atlantic City casino gaming March revenue was down to $163 million, a 44% decline compared to last year.  James...
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Thursday, 16th April 2020
In the current market, there are plenty of tools available to help the player control their gambling. Whether it’s loss or deposit limits, time-outs, self-exclusion, markers of harm, or the new UK...
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Thursday, 16th April 2020
Edgar Mkrtchyan, Chief Product Officer of BetConstruct, believes moving a land-based casino offering online will help operators grow their customer base. Speaking with Gambling Insider for the May/June...
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Wednesday, 15th April 2020
The Autorité de régulation des jeux en ligne (ARJEL) has warned French poker operators they must no longer offer bonuses to incentivise customers in light of the coronavirus pandemic. The...
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Wednesday, 15th April 2020
Nektan has confirmed the appointment of joint administrators, after failing to secure the necessary funds to allow the business to continue operating. The supplier announced on 14 April its intention...
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Wednesday, 15th April 2020
Operator BetVictor has activated a break clause in its contract to sponsor non-league football in the UK. The company previously had a deal in place with the Northern Premier League, Isthmian League and...
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Wednesday, 15th April 2020
888 Holdings has reported a 6% year-on-year rise in revenue to $560.3m for 2019; a record high for the operator. In its financial results for the year ending 31 December 2019, revenue from regulated and...
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Wednesday, 15th April 2020
The Advertising Standards Authority (ASA) has upheld a complaint from BetGames.tv regarding TV Bet’s advertising at Betting on Sports. The SBC trade show, which took place in September 2019, saw...
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Wednesday, 15th April 2020
The COVID-19 pandemic and restrictions to fight it have wreaked havoc on the sports community. However, The Australian Turf Club received more than $100m in just two days for events in the Championships....
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Wednesday, 15th April 2020
Scientific Games expects to cut more than $100m in quarterly costs as part of its cost-saving measures amid the coronavirus pandemic. In a trading update, the supplier ensured it had “a strong liquidity...
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Tuesday, 14th April 2020
The Gambling Commission has said the introduction of the credit card ban will add another vital layer of protection for consumers, particularly during the current coronavirus lockdown period. The ban...
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Tuesday, 14th April 2020
Speaking during the Bet 2020 online conference, Nicc Lewis, Founder and CEO of Expozive Marketing/Marcom Agency Consulting, had some advice for marketing strategists and emerging markets. In his conference...
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Tuesday, 14th April 2020
Paradise Co, an operator from South Korea, has re-opened one of its casinos on Jeju Island. Paradise complied with the country’s regulations and suspended all its operations on 24 March. The decision...
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Tuesday, 14th April 2020
Online casino Videoslots has enforced mandatory loss limits for all its players in the UK. The safety measures have been introduced to help protect players during the coronavirus outbreak, with online...
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Tuesday, 14th April 2020
The British Horseracing Authority (BHA) is set to have a meeting on Wednesday to discuss the possibility of opening racing tracks at the beginning of May, after urgency for renewed racing stemmed from...
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Tuesday, 14th April 2020
Scientific Games has signed a five-year extension to its deal with the Connecticut Lottery. The extension will see Scientific Games become the lottery operator’s primary instant games provider,...
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Tuesday, 14th April 2020
BetConstruct will return as Lead Partner for the fourth time at the Global Gaming Awards Las Vegas 2020. The supplier was first Lead Partner for the 2017 Awards, also partnering with the Global Gaming...
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Monday, 13th April 2020
Kicking off the Bet 2020 virtual conference last Thursday, Steve Donoughue delivered arguably the most insightful and articulate talk of the day. But, if you know Mr Donoughue and have heard him speak...
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Thursday, 9th April 2020
As a result of a cyber attack on its partners, SBTech has to set aside a fund of $30m to compensate for any damages in accordance with its DraftKings deal. Diamond Eagle Acquisition Corp. (DEAC), the...
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Thursday, 9th April 2020
Speaking during a Bet 2020 online conference, gambling consultant Steve Donoughue made some regulatory forecasts in regards to the UK gambling industry. After the Gambling Commission put an end to credit...
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Thursday, 9th April 2020
Share prices have seen much volatility in the gaming sector since the coronavirus pandemic took hold. Despite a general downward trend, Gambling Insider reported online gaming companies saw some resurgence...
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Thursday, 9th April 2020
The International Betting Integrity Association (IBIA) has criticised the Greek Government’s plans to set a 35% gross gaming revenue (GGR) tax rate for operators and proposals to introduce high licensing...
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Thursday, 9th April 2020
Bloomberry Resorts Corp has completed the conversion of its Manila sports venue into a hospital. The company made a decision to turn the Rizal Memorial Sport Complex into a medical facility to fight the...
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Thursday, 9th April 2020
The UK credit card gambling ban is "overrated" because other payment methods are more popular, according to a payment provider executive. In January, the Gambling Commission announced a ban on consumers...
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