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Gambling News Archive

Wednesday, 31st May 2017
Macau’s gross domestic product (GDP) grew by 10.3% year-on-year in the first quarter of 2017, according to the Statistics and Census Bureau (DSEC). GDP rose to MOP93.58bn ($11.70bn) in Q1, whilst the...
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Wednesday, 31st May 2017
European sports betting operator MyBet holdings SE has revealed a 29% drop in its year-on-year revenue for the first quarter of 2017. In its first quarterly statement of the year, the company posted group...
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Wednesday, 31st May 2017
NYX Gaming Group has revealed its financial results for the first quarter of 2017, with an increase in profit of 199.8%. The company took in Can$58.9m (US$43.8m) compared to Can$16.8m in the prior-year...
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Wednesday, 31st May 2017
The Law Commission of India has issued a public notice to the general public and stakeholders asking whether gambling and betting should be legalised. Among other issues, the Law Commission is interested...
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Wednesday, 31st May 2017
Members of Parliament in Kenya have overwhelmingly rejected the introduction of measures that would see the country's gambling tax rise to 50%. Current legislation applies a 7.5% tax on sports betting,...
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Wednesday, 31st May 2017
The Governor of Nevada has today signed into law a bill which legalises off-track pari-mutuel sports betting in the state. Senate Bill 240, which was passed in both houses earlier this month, extends...
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Wednesday, 31st May 2017
Bookmaker Paddy Power Betfair is set to close down operations in Gibraltar and move location after consolidating its merger. The restructure will see the company focus its business in its growing Malta...
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Wednesday, 31st May 2017
Gaming regulators in the Netherlands have today announced an increase in efforts to stop online gambling operators who illegally operate in the country. Online gambling is currently illegal in the Netherlands,...
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Tuesday, 30th May 2017
The UK Court of Appeal has today upheld an earlier court ruling which allows the UK Gambling Commission to reject licence applications, even if the intended party has satisfied all licence requirements. The...
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Tuesday, 30th May 2017
Sports betting provider Sportech has today announced that it will complete the sale of The Football Pools to private equity firm OpCapita next month, in a deal worth an estimated £83m. Under the terms...
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Tuesday, 30th May 2017
Lawrence Ho, the owner of Melco Resorts & Entertainment, has said that Tokyo doesn’t need a casino to attract people. Instead, the billionaire favours building a casino resort in the Japanese city of...
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Tuesday, 30th May 2017
Philippine legislators have today approved an amendment to existing anti-money laundering legislation which would see casinos included in the list of corporate entities covered by the country's Anti-Money...
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Tuesday, 30th May 2017
The Forest County Potawatomi Community has announced plans to expand their existing hotel and casino in Milwaukee in an $80m development project. A second 180,000sq.ft hotel tower will be built on the...
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Tuesday, 30th May 2017
Police in Vietnam’s Thanh Hoa province have busted an online gambling ring with transactions worth nearly $62m in 2017 alone. The Tien Phong news outlet reported that the authorities had arrested 10...
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Tuesday, 30th May 2017
Chinese online lottery operator 500.com has announced the acquisition of a majority stake in Malta-based lottery and casino provider Multi Group, in a deal worth €49.8m. Under the terms of the deal,...
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Tuesday, 30th May 2017
Canadian DFS provider Global Daily Fantasy Sports Inc (GDFSI) has purchased Italian fantasy sports operator Mondogoal for an undisclosed fee. Under the terms of the acquisition GDFSI will make cash plus...
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Friday, 26th May 2017
According to data posted by the Ministry of Finance of China, lottery sales experienced a significant year-on-year increase of 9.6%, reaching a total of $5.5bn. For the first four months of 2017, sports...
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Friday, 26th May 2017
International Game Technology posted its financial results for the first quarter of 2017, with a loss of $54.8m. Consolidated revenue amounted to $1.15b compared to the $1.28b posted in the same quarter...
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Thursday, 25th May 2017
Specialist media and iGaming recruitment agency Pentasia has reported that the number of individuals being recruited for the European iGaming industry during the first five months of 2017 is already greater...
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Thursday, 25th May 2017
US Congress today unveiled The Gaming Accountability and Modernization Act (GAME), a draft of legislation seeking to lift the federal ban on sports betting. Released today by the House Energy and Commerce...
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Thursday, 25th May 2017
Multi-brand iGaming operator GVC holdings has reported a 13% spike in its year-on-year daily net group revenue (NGR) for the first quarter of 2017. In its first trading update of the year, the company...
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Thursday, 25th May 2017
The UK Gambling commission has confirmed that British gamblers lost a record breaking £13.8bn in the year ending September 2016, an increase 2.9% from the previous period’s figures. In a report published...
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Thursday, 25th May 2017
Australian slot machine maker Aristocrat Leisure reported a strong rise in net profit for the first half of the year, after strong growth in its Americas business. Net profit after tax (NPAT) was A$249.8m...
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Thursday, 25th May 2017
International iGaming provider Intralot has reported a 20.6% increase in its year-on-year revenue for the first quarter of 2017. In an announcement to its investors, Intralot reported worldwide revenue...
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Thursday, 25th May 2017
French gaming regulator ARJEL has revealed that online sports betting has increased year-on-year by 23% for the first quarter of 2017, setting a new record. The amount being wagered increased from €516m...
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Wednesday, 24th May 2017
Talks to sell Sands Casino Resort Bethlehem to MGM Resorts International in a deal worth $1.3bn have reportedly fallen apart. The Morning Call quoted multiple sources saying that negotiations broke down...
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Wednesday, 24th May 2017
Legislation to begin the construction of a new casino in East Windsor proposed by the Mohegan and Mashantucket Pequot tribes has successfully passed through the Connecticut senate. After two and half...
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Wednesday, 24th May 2017
European iGaming affiliate network RakeTech Group has today announced the purchase of online affiliate websites Pokernet.dk, Odds.dk and Casinoguide.dk for an undisclosed fee. The move follows the acquisition...
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Wednesday, 24th May 2017
Pennsylvania’s Senate Community, Economic & Recreational Development Committee and its Appropriations Committee have overwhelmingly voted in favour of approving a bill which would allow iGaming in the...
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Wednesday, 24th May 2017
The New Jersey Assembly on Monday approved legislation to regulate and tax daily fantasy sports, amid calls to expand the online gaming sector. Under the new bill which was voted through by 56-15, the...
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Wednesday, 24th May 2017
UK-based casino and bingo operator Casino 36 is set to build a new casino facility on land near to the Black Country town of Dudley, at a cost of £12m. The project will see the existing Castle Casino...
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Wednesday, 24th May 2017
Hot on the heels of the announcement that its brand PartyPoker has withdrawn their regulated licence application, GVC Holdings have confirmed that they will not pursue operator licensing in the Czech Republic. In...
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Wednesday, 24th May 2017
Affiliate network Catena Media has today announced the purchase of casino review website Newcasinos.com, in a deal potentially worth an estimated €11.85m. Newcasinos.com was launched in 2015 and provides...
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Tuesday, 23rd May 2017
Gross operating profits in the US east coast gambling hub Atlantic City increased year-on-year by 30.4% for the first quarter of 2017, according to the New Jersey Division of Gaming Enforcement. Operating...
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Tuesday, 23rd May 2017
Sweden's gambling market saw a turnover of 5.4bn Swedish Krona (SEK) ($622.5bn) during the first quarter of 2017, with a 0.2% annual increase driven principally by online gaming. Lotteriinspektionen,...
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Tuesday, 23rd May 2017
Isle of Man-listed gaming group GVC has confirmed the appointment of Mike Sexton as the chairman of its PartyPoker brand. In his new role, Sexton will be charged with improving software and marketing,...
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Tuesday, 23rd May 2017
The rate of gaming-related crime in Macau increased 15% year-on-year in Q1 2017 with a total of 432 suspected cases, according to police data. The Macau authorities label gaming-related crimes as ones...
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Tuesday, 23rd May 2017
Ireland’s finance ministry has confirmed it has launched a high level review of current Irish betting tax rules, with a view to reforming them. Betting tax has been included as part of a wider review...
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Monday, 22nd May 2017
Chilean casino group Enjoy SA have today purchased a 55% share in the Conrad Punta del Este Resort and Casino Hotel, Uruguay from Caesars Entertainment Corporation. In a deal worth $180m, Enjoy SA are...
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Monday, 22nd May 2017
The nine-table poker room at the Las Vegas Luxor casino resort is due to close its doors on 18 June, reducing the total number of poker rooms on the Las Vegas strip to 18. Casino employees were informed...
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Monday, 22nd May 2017
Online poker operator PartyPoker has announced that it has withdrawn its application for a gaming licence in the Czech Republic following concern with changes in local iGaming laws. PartyPoker temporarily...
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Monday, 22nd May 2017
Paddy Power is the first operator to go live with platform provider Onionsack’s industry-first chatbot for Facebook Messenger. Paddy Power customers will be able to use the chatbot to login to their...
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Monday, 22nd May 2017
Crown Resorts has abandoned plans to build a casino on the highly sought-after 35-acre plot on the Las Vegas Boulevard. The Australia-based gaming operator has hired brokerage CBRE Group to sell the...
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Monday, 22nd May 2017
Greg Hunt, the Australian Minister for Sport, has called for the introduction of an Australian version of the UK’s national lottery game as a way of better funding the country’s Olympic athletes. It...
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Friday, 19th May 2017
ASAP Italia, the company behind DFS platform Sportito, has announced the appointment of Paolo Farinella to the position of Chief Technology Officer. ASAP Italia also operates the brands Superscommesse,...
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Friday, 19th May 2017
A Florida Supreme Court decision has ruled 6-0 against the expansion of slot machines across the state. The Court found that counties do not have the legal authority to ask voters to approve slot machines...
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Thursday, 18th May 2017
The Melco-Hard Rock casino consortium was today given the green light to build the first of five casinos by the Cypriot government. The consortium, made up of two of the world’s largest casino brands...
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Thursday, 18th May 2017
Resorts World Las Vegas (RWLV), developed by Genting Group, will begin construction in the third quarter this year, with a new open date set for 2020. Although a 2019 opening had previously been proposed,...
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Thursday, 18th May 2017
Swedish-listed iGaming affiliate network Catena Media has revealed record year-on-year sales growth of 104% for the first quarter of 2017. The company reported sales figures of €15.23m (£13m) for the...
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Thursday, 18th May 2017
Arizona’s Tohono O’odham nation has settled a year long dispute with state authorities over gaming and alcohol licensing at its Desert Diamond Casino West Valley near Glendale. The first dispute began...
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Thursday, 18th May 2017
According to Maryland state figures, casinos in the region collected a total of $135.7m in revenue last month – a 30% increase compared to the same period last year. The total marks the second highest...
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Thursday, 18th May 2017
Pennsylvania’s gaming control board, the PGCB, has issued fines to two casinos in the state totalling $22,500 after it found evidence of regulatory violations. The Lady Luck Casino Nemacolin in Fayette...
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Thursday, 18th May 2017
South Korean casino operator, Paradise Co, have announced a 92% net income drop to KRW1.27bn (US$1.14m) for the first quarter of 2017. In a filing at the South Korean stock exchange, Paradise Co reported...
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Wednesday, 17th May 2017
Potawatomi Hotel and Casino have revealed plans to expand the hotel at its Milwaukee property with the development of a second tower. Construction is set to begin later this year pending application approval...
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Wednesday, 17th May 2017
Vermont has become the latest US state to approve the legalisation of daily fantasy sports within its borders. It would become the tenth state to pass legislation expressly legalising DFS, following Mississippi...
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Wednesday, 17th May 2017
UK problem gambling charity GambleAware has reported a record number of donations in 2016-17 but has failed to reach its fundraising target, prompting the charity to call for the introduction of a statutory...
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Wednesday, 17th May 2017
The UK Advertising Standards Authority (ASA) has reversed a ruling which banned a Ladbrokes email advert featuring the comic book hero Iron Man. The bookmaker’s marketing was banned last August amid...
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Wednesday, 17th May 2017
European sports betting company bwin has agreed a four-year partnership deal with German Bundesliga football team Borussia Dortmund. The deal is worth an estimated €3m a year and will see bwin become...
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Wednesday, 17th May 2017
Sheldon Adelson visited Brazil this week in order to pitch his $8bn casino plans to a group of government officials Although he has expressed some reservations regarding the state of Brazil’s economy...
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Wednesday, 17th May 2017
Swedish based mobile gaming operator LeoVegas Group AB has announced the resignation of Johan Styren, current Chief Executive Officer of its Malta-based subsidiary LeoVegas Gaming Ltd. Styren will continue...
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Tuesday, 16th May 2017
London-based online gambling operator Jackpotjoy Group PLC has reported a year-on-year revenue increase of 11% for the first quarter of 2017, primarily driven by a 14% upsurge from its largest subsidiary...
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Tuesday, 16th May 2017
Amaya today announced the appointment of Brian Kyle as Chief Financial Officer. Kyle joins the Canada-based gaming business from Pivot Technology Solutions and will succeed Daniel Sebag, who has served...
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Tuesday, 16th May 2017
The proposed A$11bn merger between Tabcorp and Australian lottery operator Tatts Group took an ugly turn today when Tabcorp accused the Australian Competition and Consumer Commission (ACCC) of siding with...
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Tuesday, 16th May 2017
Net income at South Korean casino operator Kangwon Land fell 9.1% in the first quarter of 2017. In a filing at the Korean Stock Exchange, Kangwon Land announced that its Q1 income had dropped to KRW129.79bn...
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Tuesday, 16th May 2017
Malta-based online gaming operator Mr Green Ltd has confirmed the appointment of Antoine Bonello as its new Chief Operating Officer. Mr Bonello has previously served as Director of Integration for PaddyPower...
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Tuesday, 16th May 2017
Betradar have signed a new partnership with Digital Sports Tech that will see the solutions provider to the sports betting industry provide a range of player proposition betting markets to operators across...
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Tuesday, 16th May 2017
The acting head of the Connecticut Lottery Corporation has resigned following revelations of a scandal involving an instant ticket game. President and Chairman Frank Farricker had served as head of the...
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Tuesday, 16th May 2017
Online bookmaker Fun88 has entered into a three-year partnership with football club Newcastle United. Promoted to the Premier League for the upcoming 2017/18 season, which will mark the club’s 125th...
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Monday, 15th May 2017
English Premier League football team Everton FC has today announced a multi-million pound five year shirt sponsorship deal with African online gaming firm SportPesa. The partnership will commence on 1...
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Monday, 15th May 2017
Bookmaker Ladbrokes has signed a three year partnership deal with the Australian PGA, which will see it become its official online betting partner. Under the terms of the agreement, Ladbrokes will become...
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Monday, 15th May 2017
Australian operator Sportsbet has defended itself amid controversy over an advert featuring disgraced Canadian sprinter Ben Johnson. The minute-and-a-half advert promotes the bookmaker’s new Android...
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Monday, 15th May 2017
Atlantic City’s streak of good luck has come to an end with its first monthly revenue decline of 2017 in April. According to state gaming figures released by the New Jersey Division of Gaming Enforcement,...
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Monday, 15th May 2017
Sports betting firms OpenBet and Paddy Power Betfair have been announced as the chosen partners of the New Zealand Racing Board (NZRB) as it looks to develop and expand its fixed odds betting business. The...
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Monday, 15th May 2017
Wakayama Governor Yoshinobu Nisaka has urged investors to look at developing an integrated resort in his city. Despite intense competition from other Japanese prefectures, the region is determined to...
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Monday, 15th May 2017
Swedish firm Cherry AB have today confirmed the outright purchase of a 100% share in Maltese-based online gaming operator ComeOn. Cherry paid an initial purchase amount of €80m to ComeOn in July 2016...
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Monday, 15th May 2017
Online gambling operator 888 has confirmed that it is currently the subject of a licence review by the UK Gambling Commission, which regulates gambling in the UK. Following similar reviews into operators...
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Monday, 15th May 2017
Amaya has reported an 18.5% increase in quarterly profit due to a surge in new customers, increasing by 3 million to 111 million during the quarter. Furthermore, the number of Amaya’s active customers...
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Friday, 12th May 2017
Cherry AB has continued on the acquisition trail, purchasing a significant stake in industry supplier Highlight Games. The Swedish firm has purchased an initial 25% stake in Highlight Games at a price...
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Friday, 12th May 2017
In response to Labour’s general election manifesto, in which the party pledged to reduce the maximum stake on gaming machines to £2, the Association of British Bookmakers (ABB) have described Labour's...
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Friday, 12th May 2017
Lottery and gambling systems provider Intralot SA has confirmed the appointment of John R Donahue as Chief Executive Officer of its USA Division. Donahue has 30-years of experience in the lottery and...
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Friday, 12th May 2017
Industry provider NetEnt has been granted a supplier licence through its NetEnt Americas division by the Gaming Policy and Enforcement Branch (GPEB) of British Columbia. NetEnt will now be able to supply...
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Friday, 12th May 2017
Amaya has confirmed Robin Chhabra, William Hill’s Group Director of Strategy and Corporate Development, has been appointed to the newly created position of Chief Corporate Development Officer. Chhabra...
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Thursday, 11th May 2017
The British Horseracing Authority, the governing body of UK horseracing, have today confirmed the creation of the role of Head of Integrity Assurance and appointed Chris Watts to the new post. Watts is...
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Thursday, 11th May 2017
The UK Gambling Commission (GC) has announced the appointment of David Pemberton as Chief Operating Officer. Pemberton will oversee the GC’s corporate functions, including HR, finance, IT, planning and...
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Thursday, 11th May 2017
The Hippodrome Casino London played host to the 2017 European Dealer Championships this week, with participants from 21 countries taking part in a variety of casino-related challenges. Thirty-three contestants...
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Thursday, 11th May 2017
International betting integrity body, ESSA, has elected Heike Mayer as its new Chairperson and expanded its board. GVC Holding’s Heike Mayer succeeds outgoing ESSA Chair, Mike O’Kane, who has held...
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Thursday, 11th May 2017
New Jersey’s Casino Control Commission (CCC) approved a plan Wednesday that would allow Caesars Entertainment to lease operations of their properties. According to Press of Atlantic City, the plan comes...
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Thursday, 11th May 2017
Industry supplier Yggdrasil Gaming has seen its revenues skyrocket for Q1, increasing by 134% to a total of SEK 33.3m. The company posted EBITDA of SEK 13.3m, a year-on-year increase of 68%, with EBITDA...
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Thursday, 11th May 2017
Philippine gaming regulator PAGCOR have announced the introduction of a new category of offshore sports betting licence for “Sports betting on regulated wagering events”. The new class of licence refers...
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Wednesday, 10th May 2017
New York State recently took a step closer to regulating online poker by passing a bill which would see poker reclassified as a skill game. New York Senate Finance Committee passed online poker bill S-3898...
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Wednesday, 10th May 2017
Publisher of real money and skill gaming for land-based casinos, Gamblit has announced that is has managed to raise $25m in new growth financing. Thanks to new investor relationships, the influx of capital...
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Wednesday, 10th May 2017
The Advertising Standards Authority (ASA) has recently banned a gambling advertisement from Bear Group, promoting the company’s online casino StarWins.com, for both objectifying women and suggesting...
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Wednesday, 10th May 2017
China’s number three official, Zhang Dejiang, has stressed the need for Macau to diversify and promote its economy, whilst vowing to increase support. On a three-day visit to the enclave, Zhang also...
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Wednesday, 10th May 2017
Stockholm-headquartered Cherry AB has reported an increase in group revenue of 205% for the opening three months of 2017, rising to SEK 541m compared to SEK 177m last year. Much of this year-on-year climb...
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Wednesday, 10th May 2017
Live Casino solutions provider Evolution Gaming has announced a new partnership with the recently formed Dutch Lottery operator, Nederlandse Loterij. The new partnership reinforces Evolution’s strategy...
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Wednesday, 10th May 2017
Today UK based betting operator PaddyPower Betfair announced its purchase of American DFS company Draft in a deal worth an estimated $48m. Under the terms of the deal PaddyPower Betfair will pay an initial...
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Wednesday, 10th May 2017
Online sports betting firm SportPesa officially launched its business in the East African country of Tanzania, at a ceremony in the country’s largest city, Dar-es-Salaam. The SportPesa Tanzania platform...
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Tuesday, 9th May 2017
Macau has made the move to introduce facial recognition technology that will be used to scan millions of bank card users at ATMs in the world’s largest gambling hub. In an unprecedented move by authorities...
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Tuesday, 9th May 2017
VSoftCo has secured a three-year partnership with Leander Games to incorporate its first branded football game VStriker. In addition to automatic renewal, the multi-year partnership will see the integration...
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Tuesday, 9th May 2017
Melco Resorts and Entertainment announced yesterday the conclusion of its joint venture partnership with Australia-based Crown Resorts. In a press release, the company revealed it would be conducting a...
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