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Gambling News Archive

Thursday, 31st May 2018
European gambling giant OPAP has released its Q1 2018 financial performance report which revealed that the company’s revenues increased by 5.1% year-on-year, during a successful period for the operator. Athens-based...
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Thursday, 31st May 2018
Worldwide online gaming and sports betting supplier Intralot has released its first set of financial results for 2018, revealing growth in all key verticals. In its report, the company detailed Q1 2018...
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Thursday, 31st May 2018
The UK Gambling Commission (UKGC) has released its six-month update of the country’s gambling statistics, providing an insight into the latest trends in the market. In its update, the commission...
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Thursday, 31st May 2018
Representatives from the Pennsylvania Gaming Control Board have passed the first set of temporary regulations concerning sports betting, in a meeting on Wednesday. The main purpose in approving these...
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Wednesday, 30th May 2018
The American Gaming Association (AGA) has set out its priorities for sports betting in the US, issuing an open letter to the US Congress. It has also confirmed that it will oppose any attempts by congress...
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Wednesday, 30th May 2018
William Hill has further diversified its portfolio of assets through its new partnership with Ocean Resort Casino to operate the casinos sports book. The new partnership between the UK bookmaker and US...
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Tuesday, 29th May 2018
Worldwide casino and resort developer MGM Resorts International has announced the agreement of a deal to acquire the Empire City Casino in Yonkers, New York for a fee of $850m. Under the terms of the...
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Tuesday, 29th May 2018
Worldwide gaming company GVC is facing a potential shareholder revolt over its latest pay report, as both the company’s Chairman and CEO are expected to be awarded a combined £67.5m in share...
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Tuesday, 29th May 2018
Executives from some of the top gambling firms in Nevada were paid over $145.7m during 2017, according to financial research group Equilar and the Associated Press. Former Wynn Resorts CEO Steve Wynn...
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Friday, 25th May 2018
Cherry AB has terminated the employment of Anders Holmgren as the company's CEO and President, following his detention by authorities in Sweden on reasonable grounds suspected for severe insider trading. Cherry...
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Friday, 25th May 2018
Irish-based online gambling services provider GAN has appointed Richard Santiago as their new CFO, a man who has worked for a wide range of US-based internet companies. Santiago currently works for EatStreet,...
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Friday, 25th May 2018
Fresh from its victory in the Supreme Court last week, representatives from the New Jersey Thoroughbred Horsemen’s Association (NJTHA) have filed a lawsuit against the National Collegiate Athletic...
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Thursday, 24th May 2018
The Alizeti consortium and Betfred have entered into a deal worth up to £150m for UK bookmakers the Tote. According to a report by Sky Sports, Alizeti will pay a fee of £20m for its initial...
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Thursday, 24th May 2018
Lawmakers from Washington D.C. have become the latest to discuss the issue of sports betting legalisation following the Supreme Court’s decision to overturn PASPA as unconstitutional last week. Keen...
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Thursday, 24th May 2018
Australian land-based and online gaming supplier Aristocrat Leisure has revealed a 28.5% year-on-year rise in its revenue for the six months up to 31 March 2018 In its first financial report of the year,...
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Thursday, 24th May 2018
The governor of the US state of Louisiana has signed a bill allowing the states existing riverboat casinos to move in land, following a unanimous approval by the state legislature last month. Senate Bill...
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Wednesday, 23rd May 2018
UK and Ireland sports betting operator Paddy Power Betfair has announced the signing of an agreement to combine its US business with US daily fantasy sports operator FanDuel. Under the agreement, Paddy...
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Wednesday, 23rd May 2018
Politicians in Vietnam are reportedly set to discuss proposals today that would scrap previously agreed taxation incentives for casino operators undertaking developments in some of the country’s...
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Wednesday, 23rd May 2018
Online casino and gaming operator Mr Green has undergone a rebranding, the company will now go by the new brand profile of MRG in order to reflect the company’s current outlook of being 'a high growth...
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Wednesday, 23rd May 2018
The Las Vegas casino industry received a blow yesterday, after hospitality union members resoundingly voted in favour of authorising a citywide strike, according to a press release from the Culinary Workers...
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Wednesday, 23rd May 2018
Lawmakers from Turkey have launched an investigation into 13 casinos based in the Turkish Republic of Northern Cyprus as a part of a wider investigation into alleged money laundering and illegal betting. Prosecutors...
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Tuesday, 22nd May 2018
Self-nominations for the Global Gaming Awards Las Vegas 2018 will close in just a few days’ time. If you have not already nominated your company, please do so now. With hundreds of companies vying...
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Tuesday, 22nd May 2018
Global gaming company IGT is in pole position to launch sports betting in the US state of Rhode Island, having been the only company to submit a bid to run the states sports betting business. The Rhode...
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Tuesday, 22nd May 2018
Authorities in the tiny European principality of Andorra have confirmed that they will announce the winning bidder for its first land-based casino licence at the end of next month. 13 proposals from nine...
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Tuesday, 22nd May 2018
Online casino and gaming operator Mr Green has announced the launch of a new eSports focused joint venture with Gamingzone Entertainment. The joint venture aims to create a new community for eSports growing...
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Tuesday, 22nd May 2018
Global gaming supplier IGT has reported a 5% year-on-year rise in its revenues during the first quarter of 2018. Releasing its financial results for the period, the company reported consolidated revenues...
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Tuesday, 22nd May 2018
Swedish-based global gaming provider NetEnt has announced the appointment of Therese Hillman as the groups new CEO, having served as acting CEO following the departure of former CEO Per Eriksson in March. Hillman...
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Monday, 21st May 2018
Wynn Resorts has announced that one of its directors, John J. Hagenbuch will not be standing for re-election to its board of directors, with this announcement coming on the same day that fellow Director Robert...
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Monday, 21st May 2018
Irish-based online gambling services provider GAN has proposed an equity subscription of £7.5m to US investors, in what is reportedly the start of a process to diversify its business into US sports...
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Monday, 21st May 2018
Online gambling operator Bet365 will relocate over 1,000 of its employees based in Gibraltar to the gaming hub of Malta, post Britain’s exit from the European Union, according to reports in the Times...
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Friday, 18th May 2018
The US State of Delaware is moving ahead with allowing what it calls 'full-scale sports betting' which will initially be made available through the Delaware Lottery following the repeal of PASPA, which...
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Friday, 18th May 2018
Following the US Supreme Court’s ruling to strike down the 1992 federal ban on sports betting, a number of companies from around the world have offered their insights into what this landmark decision...
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Friday, 18th May 2018
US-based racing, gaming, and online entertainment company, Churchill Downs Incorporated (CDI) has announced that it will be entering the online sports betting sector in the US through two new partnership...
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Thursday, 17th May 2018
The decision on the part of the Department for Digital, Culture, Media & Sport (DDCMS) will have far reaching effects on the gambling industry.  Those likely to be hit hardest will be the independent...
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Thursday, 17th May 2018
Hong Kong Jockey Club’s security and integrity chief, Martin Purbrick, has warned industry leaders in South East Asia of the rising amount of illegal wagers in the region and what needs to be done...
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Thursday, 17th May 2018
The UK Government has introduced rules that will reduce the maximum stake on fixed-odds betting terminals (FOBTs) from £100 to £2. The move follows repeated calls from campaigners to protect...
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Wednesday, 16th May 2018
UK-based bookmaker business Paddy Power Betfair has announced its interest in expanding its own US operations through an arrangement with FandDuel, the US-based fantasy sports wagering company. The announcement...
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Wednesday, 16th May 2018
US-based gambling products and services provider Scientific Games has announced the appointment of Doug Albregts to the position of EVP and Group Chief Executive Officer (CEO) of the company’s Gaming...
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Tuesday, 15th May 2018
The gambling industry has been bolstered in the United States by the repeal of PASPA, with many in the sector announcing gains to their share values and releasing articles explaining their company’s...
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Tuesday, 15th May 2018
Antigua and Barbuda-based online gambling company Esports Entertainment Group has announced the signing of ten new eSports teams to its Affiliate Marketing Agreements. The newly signed affiliates will...
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Monday, 14th May 2018
The US Supreme Court has voted in a 6-3 ruling that has overturned a 1992 federal ban on sports betting across the country. The landmark ruling that has put an end to the Professional and Amateur...
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Monday, 14th May 2018
The Las Vegas Palms Casino Resort owned and operated by Station Casinos, will be reopening following its extensive $620m renovation works. Renovation works began back in February 2018 to the casino which...
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Monday, 14th May 2018
Swedish-based online gambling operator and gaming services provider, Global Gaming, has made three senior appointments from the Gaming Innovation Group (GiG) including Duncan Snaith as Head of Development,...
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Monday, 14th May 2018
A new levy proposal by Treasurer Tim Pallas in the Australian State of Victoria would see online gambling companies taxed 8% of their net wagering revenue. The main reason for the introduction of the...
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Friday, 11th May 2018
Spanish-based international gaming operator Codere saw a $9.45m decrease to its operating profit during Q1 2018 and a 5.4% decline to its operating revenue as net income totalled just $957,000 for the...
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Friday, 11th May 2018
International casino resort company MGM Resorts International has announced that it will buy back over $2bn of its own shares, in an effort to build up a war chest of funds for future expansion. It is...
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Friday, 11th May 2018
Online gaming company The Stars Group has reported a 23% year-on-year increase in its revenues during the first quarter of 2018. Issuing its first trading update of the year, the Toronto listed company...
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Thursday, 10th May 2018
The Maltese Parliament has approved a new Gaming Act after its third reading, intended to strengthen the Maltese Gaming Authorities’ (MGA) ability to uphold and enforce compliance and regulatory...
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Thursday, 10th May 2018
Sports betting company Kambi has announced the appointment of Mattias Eriksson to the newly created position of Chief Product Officer. In his new position Eriksson will be tasked with driving the development...
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Thursday, 10th May 2018
South Korean casino operator, Paradise Co has reported a 61.6% decrease in net income for the three months ending 31 March, totalling at a meagre $2,8m. Despite these figures, according to a filing to...
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Thursday, 10th May 2018
Lawmakers in the US state of Louisiana have voted to approve a bill that would legalise daily fantasy sports (DFS) contests in the state. House bill 484, proposed by Representative Kirk Talbot, was approved...
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Thursday, 10th May 2018
The six casinos in the State of Maryland performed well during April with revenues rising 5.7% year-on-year for the month, according to Maryland Lottery and Gaming’s latest report. Revenue from...
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Thursday, 10th May 2018
International casino developer Hard Rock Resorts has been awarded a casino licence in New Jersey by regulators, in a move which will enable it to reopen the former Trump Taj Mahal in Atlantic City. In...
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Thursday, 10th May 2018
With AffiliateCon Sofia taking place on 15 and 16 May, organisers have released details of the afternoon entertainment. While quality networking and education is the serious business side of AffiliateCon,...
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Wednesday, 9th May 2018
Mohegan Gaming & Entertainment, the company which runs the Mohegan Sun chain of casino resorts, has announced the signing of an agreement to buyout its fellow developers stake in a casino project currently...
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Wednesday, 9th May 2018
London-based Sportech PLC has announced the appointment of Thomas Hearne as their new Chief Financial Officer (CFO) as well as a member of their Board of Directors as reported in the company’s latest...
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Wednesday, 9th May 2018
Las Vegas-based slot machine and payment kiosk specialist, Everi Holdings, has recorded revenue of $111m in Q1 2018 allowing the company to pursue a re-pricing to a ‘Senior Secured Term Loan’...
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Tuesday, 8th May 2018
State casino regulators have reached an agreement to remove Steve Wynn’s name from a license that his former company was issued to operate a $2.5bn resort casino currently under construction in Boston,...
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Tuesday, 8th May 2018
Swedish-based gaming technology company, LeoVegas Mobile Gaming Group, has announced the appointment of Stefan Nelson as the company’s new CFO following the prepared departure of Viktor Fritzén. Fritzén...
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Tuesday, 8th May 2018
The body which controls gambling in the central European country of Moldova, the Public Property Agency (APP) is to reportedly shed its monopoly over gambling in the country. According to reports on the...
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Tuesday, 8th May 2018
Asia-focused gaming operator, Silver Heritage Group has announced the resignation of David Green, Chairman and Non-Executive Director. In a filing on the Australian Securities Exchange, the company stated...
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Tuesday, 8th May 2018
Issuing its trading update for the 17 weeks up to 24 April, international bookmaker William Hill has reported strong growth in its online and US divisions. US revenues were the biggest rise during the...
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Friday, 4th May 2018
Yggdrasil Gaming, the Swedish-based online and mobile developer, has increased its revenue by 73% year-on-year according to the company’s Q1 2018 report. Revenue totalled $6.54m compared to $3.78m...
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Friday, 4th May 2018
The Remote Gambling Association (RGA) has issued a number of mandatory policies in response to the impending introduction of the EU’s general data protection regulations (GDPR) later this month. Its...
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Friday, 4th May 2018
Affiliate network Catena Media has reported a 57% year-on-year increase in its revenues during the first quarter of 2018. Announcing its results for the period, the company confirmed revenues of $28.5m...
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Friday, 4th May 2018
The Netherlands Council of State  has decided that the Kansspelautoriteit (Dutch Gaming Authority) was justified in awarding Lotto BV the county’s sole license for ‘sport prize questions...
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Friday, 4th May 2018
SJM Holdings has increased its net profits by 25.8% year-on-year according to its latest Q1 2018 report. Macau-headquartered SJM Holdings saw growth across their financials buoyed by a huge net gaming...
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Thursday, 3rd May 2018
Fresh from her starring role in Bulgaria’s bid for Eurovision glory, singing sensation Zhana Bergendorff will be performing live at AffiliateCon Sofia’s Mixology party. Affiliates attending...
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Thursday, 3rd May 2018
International gaming technology supplier Scientific Games has announced the promotion of Barry Cottle to the posts of President and CEO, replacing current President and CEO Kevin Sheehan. Cottle, who...
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Thursday, 3rd May 2018
Worldwide gaming company Scientific Games has announced a 12% year-on-year rise in its revenues for the first quarter of 2018. Announcing its financial results for the period, the company confirmed Q1...
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Thursday, 3rd May 2018
Crown Resorts Limited has announced John Poynton as the replacement for the vacant board position left by James Packer. James Packer left his role on the Crown Board where he served as a director in March,...
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Wednesday, 2nd May 2018
Jackpotjoy PLC has announced the appointment of Andria Vidler to the company’s board of directors where she will serve as a non-executive Director. The appointment, which will be made following...
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Wednesday, 2nd May 2018
Online gaming and eSports bookmaker Pinnacle has announced the withdrawal of its application to the UK Gambling Commission, after previously seeking a licence for nearly two years. In a statement, the...
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Wednesday, 2nd May 2018
UK-based multi-channel sports betting provider and online gaming operator Paddy Power Betfair has revealed that its operating profits fell by 12% year-on-year  in the first quarter of 2018. Issuing...
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Wednesday, 2nd May 2018
Online gambling operator LeoVegas has agreed to pay a £600,000 penalty package following a Gambling Commission (UKGC) investigation which revealed failings relating to misleading advertising and...
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Tuesday, 1st May 2018
White label gaming software provider Nektan PLC has announced the appointment of a new Chief Operating Officer for both its white label and B2B divisions. Jane Ryan has been appointed as COO Nektan’s...
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Tuesday, 1st May 2018
Online gaming company Cherry AB has announced a decision to acquire an additional 7.5% share in Maltese company Almor Holding Limited, for a fee of $4.85m. Cherry Ab have confirmed the additional share...
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Tuesday, 1st May 2018
Gross gaming revenue in the Asian casino hub of Macau rose by 27.6% year-on-year during April according to new figures released by the Gaming Inspection and Coordination Bureau (DICJ). Beating industry...
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Tuesday, 1st May 2018
Connecticut’s Mashantucket Pequot and Mohegan tribes have penned letters to the Connecticut state legislature calling for them to have exclusive rights to conduct sports betting in the state, should...
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Tuesday, 1st May 2018
Revenues from casinos operating in the US State of Nevada surpassed $1bn in revenue generated during March, marking the third consecutive month of billion dollar revenues and the longest revenue streak...
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