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Gambling News Archive

Tuesday, 31st May 2016
NYX Gaming Group has announced another acquisition, following the purchase of UK supplier Betdigital, in a deal worth up to £24.5m. Betdigital, founded in 2011, is based in the UK, and the cost of the...
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Tuesday, 31st May 2016
The Macau government is set to tighten its visa policy for executive’s working in the territory’s casinos, in a bid to see more local employees promoted to management positions. Speaking to the Portuguese-language...
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Tuesday, 31st May 2016
Online betting still seemingly has a way to go before it is a reality for punters in Singapore. That’s because less than two weeks before the start of Euro 2016, lottery operator Singapore Pools has...
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Tuesday, 31st May 2016
CVC Capital Partners, the majority stakeholder in Sky Betting & Gaming, has once again increased its level of control in the gaming market and has announced it has acquired Italian operator Sisal Group...
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Friday, 27th May 2016
The Responsible Gambling Trust (RGT) has been cleared of operating with a conflict of interest by the Charity Commission. A copy of a letter sent to the RGT by the Charity Commission was emailed to Gambling...
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Friday, 27th May 2016
BetClic Everest has become the first operator to launch in Portugal’s regulated online sports-betting market. The operator says on its website that its Portuguese offering is primarily for the Portuguese...
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Thursday, 26th May 2016
NYX Gaming Group improved its revenue by 89% year-on-year to C$18.8m (£9.9m) for the first quarter of 2016, its last quarter in operation before acquiring fellow provider OpenBet. Royalty and licence...
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Thursday, 26th May 2016
Aristocrat Leisure’s revenue for the half year ended 31 March topped A$1bn (£490m) and improved by 47% year-on-year. Net profit after tax and before amortisation of acquired intangibles (NPATA) was...
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Thursday, 26th May 2016
The Responsible Gambling Trust (RGT) recently published three new reports that have uncovered new data on player behaviour on fixed-odds betting terminals (FOBTs) in UK LBOs. Here are some highlights...
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Wednesday, 25th May 2016
Operating profits of the Atlantic City casino industry went up to 2.7 percent in the first quarter of this year, with total revenue rising to $802.6 million, according to the state Division of Gaming Enforcement....
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Wednesday, 25th May 2016
OpenBet has announced its partnership with Loto-Québec, a provincial Canadian lottery operator, has been renewed for a further three years. Under the terms of the deal, the software supplier will...
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Wednesday, 25th May 2016
Camelot has revealed annual figures showing the UK National lottery made record sales of £7.6bn for the year ended 31 March 2016, up 4%. A record £4.2bn was paid out to customers while Camelot raised...
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Tuesday, 24th May 2016
Betfect has announced that William Hill has signed up to the sports-betting social network. Betfect went live last year with Ladbrokes as its first major partner. The new partnership is a considerable...
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Tuesday, 24th May 2016
Playtech said today that the company has acquired Swedish online games studio Quickspin AB, in a deal worth up to €50m. Quickspin generated revenue of €6m in 2015, while its adjusted EBITDA was €2.1m....
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Tuesday, 24th May 2016
GVC Holdings’ takeover of BwinParty has continued to deliver positive results as the online gaming group revealed in a trading update it has maintained revenue growth in the second quarter of this year....
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Tuesday, 24th May 2016
Executives from leading UK casino operators spoke at the Future of Casinos conference in Westminster, and seemed fairly united on wishing to see an amendment to gaming machine regulation. This was...
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Tuesday, 24th May 2016
Ladbrokes Coral would be the third-biggest UK online sports-betting operator, in terms of traffic, should the merger be allowed to complete. Based on last year’s traffic numbers, released by digital...
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Monday, 23rd May 2016
Paradise Entertainment has said that no court decision has been yet made by the Macau courts “in favour of Scientific Games Corp regarding the right to sell any electronic table game in the Macau market”....
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Monday, 23rd May 2016
Now that NYX Gaming Group’s deal to acquire fellow provider OpenBet for £270m (funding of £100m was provided from William Hill and Sky Bet) has been completed, we decided to take a look at its current...
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Monday, 23rd May 2016
Online gaming group GVC Holdings has announced it has signed a 10-year B2B agreement with Betfred to serve as its sportsbook platform provider. GVC said the deal will involve a “full migration” of...
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Friday, 20th May 2016
FanDuel has revealed it is aiming to launch in the UK in August, though it still appears to be waiting for its licence application to complete. A spokesperson for the daily fantasy sports (DFS)...
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Friday, 20th May 2016
Ladbrokes and Gala Coral may have to wait some time before the operators can complete their merger, after the Competition and Markets Authority (CMA) ruled in its provisional findings that 350 to 400...
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Thursday, 19th May 2016
Caesars Entertainment Operating Company (CEOC) has laid out its plans for restructuring the business to the United States Bankruptcy Court for the Northern District of Illinois. CEOC, a majority-owned...
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Wednesday, 18th May 2016
LeoVegas extended its offering by launching a sportsbook to run alongside its online casino business last week. The launch follows an agreement with platform provider Kambi that was announced as agreed...
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Wednesday, 18th May 2016
London-listed gaming technology provider Nektan plc has appointed Leigh Nissim as its new chief executive. Nissim will take over from the founder of the company Gary Shaw, who has been serving as interim...
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Wednesday, 18th May 2016
Delaware i-gaming has continued its streak of monthly win success by breaking the record again in April, a stark turnaround following an overall revenue decline last year. The state’s three online casino...
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Wednesday, 18th May 2016
Mexican broadcaster Azteca TV has confirmed that it will invest up to 1$ million in Fantasy Network, a daily fantasy sports supplier. In addition, the agreement includes a media package of $10m committed...
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Tuesday, 17th May 2016
Online gaming information sites such as Casinomeister have placed warning on the following brands: Affpower, Conan Gaming Limited and Game Tech Group N.V. They’re accusing these online casino groups...
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Tuesday, 17th May 2016
A recent report published in the Las Vegas Review-Journal states that the Nevada Government has grown interest in the development of the eSports betting market in the state. There is currently no legislation...
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Tuesday, 17th May 2016
Legislative efforts to legalise daily fantasy sports operators in New York appear to be picking up pace, meaning the long wrangling between New York general attorneys and the industry could be ending soon....
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Tuesday, 17th May 2016
Despite having a recent change in CEO and unwanted publicity, the numbers appear to show it's business as usual at Amaya. When you look at the PokerStars owner’s Q1 2016 financial results that...
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Monday, 16th May 2016
Caesars Entertainment is reportedly considering selling its Caesars Interactive Entertainment (CIE) online arm. According to the Wall Street Journal (WSJ), groups among those that may be interested in...
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Monday, 16th May 2016
This could be a momentous week for the UK gambling industry, with a ruling from the Competition and Markets Authority (CMA) on the impending Ladbrokes Coral merger expected in the coming days. Reports...
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Friday, 13th May 2016
PokerStars has taken a market lead in the New Jersey i-poker market, generating $1.2m in revenue for April, its first full month in the market. Amaya launched its brand in the state in partnership with...
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Thursday, 12th May 2016
Two co-founders of 888 Holdings have sold shares worth an approximate £59.6m in the operator. The Ben-Yitzhak brothers, Shay and Ron, who founded the company with Shaked brothers Avi and Aharon in 1997,...
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Wednesday, 11th May 2016
Governor Jerry Brown has announced that he has signed a new tribal-state gaming compact with the Pala Band of Mission Indians in California. The current terms supersede the 2004 compact between the Californian...
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Wednesday, 11th May 2016
Service provider Greentube has renewed its partnership with Konami Gaming to supply their game content to Foxwoods’ new social casino. Players will continue to have access to games that they were playing...
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Wednesday, 11th May 2016
LeoVegas is to complete a full launch of its sportsbook offering this Friday. The online operator announced in January it had partnered with provider Kambi to offer sports wagering, expanding on its casino...
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Wednesday, 11th May 2016
DraftKings has announced that customers in the UK can now deposit into their accounts using credit and debit cards as well as PayPal, the only previous method of deposit. The leading daily fantasy sports...
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Wednesday, 11th May 2016
Exchange wagering, the fixed-odds variant of pari-mutuel betting, became available to play in the United States for the first time earlier this week after a New Jersey racetrack launched its on-site operation...
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Wednesday, 11th May 2016
Colorado has become the fifth state the pass a bill regulating fantasy sports in 2016, sending the bill to Govenor John Hickenlooper to sign into law. Last Friday, the Colorado Senate passed an amended...
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Wednesday, 11th May 2016
William Hill’s online net revenue dropped 11% for the 17 weeks ended 26 April, the operator confirmed in a trading update. The update, which was in comparison with the 17 weeks ended 28 April last year,...
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Monday, 9th May 2016
When the UK point-of-consumption tax (POCT) was implemented in December 2015, forcing the UK’s online operators to pay a 15% tax on remote gaming net revenue, regardless of where they are based, it was...
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Friday, 6th May 2016
Caesars Entertainment Corporation (CEC) said growth in its online division’s social and mobile games business helped drive a 7% year-on-year increase in net revenues to $1.17bn for continuing CEC operations...
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Thursday, 5th May 2016
The UK Gambling Commission (UKGC) is to implement new regulations that will require operators to take greater care in preventing gambling-related crime. All gambling operators must carry out an assessment...
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Wednesday, 4th May 2016
“It is a risk [heavier regulation], but policy making should be data-driven. The data to restrict fixed-odds betting terminals in the way it’s being talked about doesn’t seem to be there. But...
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Wednesday, 4th May 2016
Paddy Power Betfair has reported a 36% year-on-year operating profit increase to £42.5m for the three months ended 31 March, the first quarter that the merged group was in operation. The merger completed...
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Tuesday, 3rd May 2016
A man claiming to be “Satoshi Nakamoto”, the pseudonymous founder of the bitcoin crypto-currency, has come forward. Craig Wright, who was named as the founder by Gizmodo in December and also connected...
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Tuesday, 3rd May 2016
Bookmakers have been paying out record sums on wagers after Leicester City was confirmed as Barclays Premier League champions on Monday. Sky Bet has paid £4.6m on the Foxes’ triumph, which was widely...
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