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Gambling News Archive

Friday, 31st May 2019
Global payments supplier Worldpay believes online operators within the UK will see around 6,000 bets per minute ahead of the Champions League final. The European club football season draws to a close...
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Friday, 31st May 2019
In the last wave of contract terminations, part of the MGM 2020 plan, MGM Resorts International has eliminated 557 positions in a company-wide cost reduction effort. MGM Chairman and CEO Jim Murren wrote...
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Friday, 31st May 2019
Sports betting in Indiana may not be ready for September, despite a law being approved earlier this year to legalise it. Indiana Gaming Commission Executive Director Sara Gonso Tait said “it is...
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Friday, 31st May 2019
Stride Gaming has confirmed it is in advanced discussions to be purchased by casino and gaming operator Rank Group. The potential all-cash deal values Stride’s ordinary shares at a price of £1.51...
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Thursday, 30th May 2019
Paysafe Group has appointed Philip McHugh as its new CEO, who will start his new role on 24 June. McHugh replaces Joel Leonoff, who moves into the role of Vice Chairman of the Company’s Board of...
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Thursday, 30th May 2019
The Pennsylvania Gaming Control Board (PGCB) has approved Wind Creek Hospitality’s purchase of the Sands Casino Resort Bethlehem, with the $1.3bn deal expected to be closed on Friday. The PGCB expressed...
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Thursday, 30th May 2019
Gamban Managing Director Daniel Umfleet shares his views exclusively with Gambling Insider on whether or not credit card gambling should remain legal in Great Britain. Last year, the Gambling Commission...
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Thursday, 30th May 2019
Gross gaming yield (GGY) from B2 machines in Great Britain fell 18% year-on-year to £1.5bn ($1.89bn) for the period October 2017 to September 2018. Figures released by the Gambling Commission showed the...
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Thursday, 30th May 2019
Melco Resorts and Entertainment has announced the completion of a deal to acquire 135.4 million shares in operator Crown Resorts at a price of A$13 (US$9) per share. This works out to 19.99% of the Australian...
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Thursday, 30th May 2019
Analysing the differences between land-based and online slots, Michele Ciavarella, CEO of Newgioco Group, believes the wide array of choice is a key motivator in moving players onto their phones, tablets...
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Thursday, 30th May 2019
Rhode Island sports betting generated $2m in revenue for April. The highest monthly total to date, the figure came from handle of $17m, according to the state lottery, and was 33% up on March’s...
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Thursday, 30th May 2019
Total gaming revenue in Nevada declined for the fourth straight month, totalling $936.5m in April, a 2% year-on-year decrease. Figures released by the state’s Gaming Control Board (NGCB) show revenue...
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Thursday, 30th May 2019
MGM Springfield, Plainridge Park Casino and Encore Boston Harbor have expressed their support for stand-alone mobile sports betting to be approved in Massachusetts. Massachusetts state lawmakers held...
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Thursday, 30th May 2019
With Brexit fast approaching and the current raft of reactionary legislation going through Parliament set to affect the gambling industry for years to come, the UK’s reputation as a civil and friendly...
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Wednesday, 29th May 2019
GVC Holdings CEO Kenny Alexander has opted to take a voluntary £150,000 ($189,000) pay cut after receiving feedback from investors. The decision was made by the CEO due to potential shareholder...
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Wednesday, 29th May 2019
The online slot experience is unmatched when compared to the land-based experience, according to Ganapati NEO CTO Kirill Timofeyev. Included in his reasoning are payout percentages, selection of games,...
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Wednesday, 29th May 2019
Four hundred and forty one miles separate the states of Tennessee and Louisiana. In between them sits Mississippi – and not just in geographical terms. This is also the perfect description of how...
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Wednesday, 29th May 2019
Rush Street Interactive’s SugarHouse online sportsbook has become the first US sportsbook operator to launch IMG Arena’s live streaming service. Rush Street is the only US operator to offer...
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Wednesday, 29th May 2019
Wynn Resorts has agreed to pay a $35.5m fine issued to the company by the Massachusetts Gaming Commission (MGC), despite disagreeing with the penalties issued against CEO Matt Maddox. After a year-long...
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Wednesday, 29th May 2019
A bill aiming to legalise sports betting in Louisiana has been rejected by the House Appropriations Committee. Bill S153 would have regulated sports wagering within the Pelican State but was the subject...
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Tuesday, 28th May 2019
Gambling Insider understands Jamie Odell, former CEO of Aristocrat Leisure, has joined fellow supplier Scientific Games as Special Advisor to the Chairman and CEO. Odell was Aristocrat CEO for eight...
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Tuesday, 28th May 2019
Transitioning out of a monopolised market, Svenska Spel has seen revenue drop 6% year-on-year for Q1 to SEK 2.05bn ($197.4m). The move has, of course, provided challenges for the state-owned operator,...
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Tuesday, 28th May 2019
Vietnamese authorities in the northern Thanh Hoa province have arrested nine locals who had been running and organising an online gambling ring, with transactions totalling almost ₫4tn (US$170m). In...
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Tuesday, 28th May 2019
NetEnt CCO Anna Romboli will join Svenska Spel on 12 August as Business Area Manager for the Tur division. Reporting directly to the operator's CEO, Romboli will be responsible for Svenska Spel deals...
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Tuesday, 28th May 2019
Tennessee Governor Bill Lee has legalised sports betting within the Volunteer State, despite repeatedly expressing his opposition to gambling. The Tennessee Sports Gaming Act has been written into law...
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Tuesday, 28th May 2019
Spanish police have arrested a number of both current and former football players, reportedly from the country’s top two leagues, for alleged involvement in match-fixing. Complaints were first brought...
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Tuesday, 28th May 2019
Better Collective has acquired 60% of RotoGrinders’ total shares for $21m, with a view to acquiring the remaining 40% between 2022 and 2024. The Nashville-based network includes sports betting and...
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Tuesday, 28th May 2019
Turkish authorities have arrested 113 suspects after launching a nationwide sweep to tackle illegal gambling dens. A further 709 people were detained for various other crimes. Over 20,000 locations were...
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Friday, 24th May 2019
Betway has extended its agreement with West Ham United to remain the club’s principal partner for a further six years. The online bookmaker and football club have been in partnership since 2015...
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Friday, 24th May 2019
DraftKings and FanDuel are reportedly set to launch a $1m advertising campaign in Illinois to address the "bad-actor" clause which could be included in state law. According to Legal Sports Report, the...
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Friday, 24th May 2019
FanDuel has announced a deal with FuboTV to become the exclusive sportsbook, online casino, horseracing and daily fantasy sports partner of the live TV streaming service. Included in the deal is a provision...
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Friday, 24th May 2019
The Massachusetts Gaming Commission (MGC) has fined MGM Springfield $100,000 in relation to 22 cases of minors being found on the gambling floor. The 22 cases documented were during the MGM Resorts International...
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Friday, 24th May 2019
GVC Holdings has been approved to operate in Nevada following a hearing with the Nevada Gaming Commission (NGC). On 8 May, GVC was recommended for a two-year limited license by the Nevada Gaming Control...
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Friday, 24th May 2019
Vietnamese police have detained over 30 people for running two online gambling rings. The illegal rings contained 113 bookmakers, which had accepted bets worth over ₫2tn (US$86m). A number of the 30+...
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Friday, 24th May 2019
When addressing the importance of "brand" in gambling, the natural tendency is to focus on consumers. Few would immediately consider the value of an "employer brand." But that’s what Play'n Go's...
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Thursday, 23rd May 2019
Aristocrat Leisure has reported revenue of A$1.9bn (US$1.31bn), a 21% year-on-year increase at constant currency, for H1 of its financial year. EBITDA was A$708.2m for the first half of the year, up 10%...
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Thursday, 23rd May 2019
Mark Woollard, Business Development Director at Pragmatic Solutions, speaks exclusively to Gambling Insider about the importance behind platform selection and new trends in this section of the market. You’re...
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Thursday, 23rd May 2019
Betdaq has donated its shirt sponsorship of Sunderland Football Club to the Children with Cancer UK charity, a GVC Holdings spokesperson has confirmed to Gambling Insider. GVC-owned Betdaq was Sunderland’s...
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Thursday, 23rd May 2019
After BetLucky was taken offline on 6 March, DraftKings is set to become the only mobile betting app live in West Virginia next week. WV Metro News reported the state lottery has completed its testing...
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Thursday, 23rd May 2019
Richard Flint, Sky Bet’s outgoing Executive Chairman, says the industry has not done enough to look after problem gamblers and had in the past encouraged people to spend beyond their means. Flint,...
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Wednesday, 22nd May 2019
Ruben Loeches, CMO of R Franco Group, talks to Gambling Insider about the supplier's experience in the Colombian online gaming market, which regulated in 2017, and what future entrants will have...
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Wednesday, 22nd May 2019
Gambling.com Group has reported a 52% year-on-year rise in Q1 revenue to €5.2m ($5.8m). Ninety-eight percent of the affiliate’s growth was organic, while it also enjoyed a 66% increase in new...
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Wednesday, 22nd May 2019
Raketech’s revenue totalled €8.7m ($9.7m) for the first quarter of the year, a 78% increase year-on-year. Organic growth made up 22% of the affiliate's Q1 revenue, in the first financial period...
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Wednesday, 22nd May 2019
Wynn Resorts and MGM Resorts International have ended talks over Encore Boston Harbor less than a week after they were announced. Both operators have confirmed a cease in negotiations, despite respective...
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Tuesday, 21st May 2019
Spain’s Acting Ombudsman, Francisco Fernández Marugán, has called for a national gambling advertising ban. Spain’s online gaming market saw gross revenue grow 26% to €699m...
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Tuesday, 21st May 2019
The Safer Online Gambling Group (SOGG) is set to partner with GVC Holdings, as part of GVC’s “Changing for the Bettor” campaign. GVC will fund SOGG, so the company can develop digital...
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Tuesday, 21st May 2019
Affiliates can play a vital role in helping operators acquire new players. However, they can also help keep them on board. Better Collective CEO Jesper Søgaard spoke exclusively to Trafficology, stating...
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Tuesday, 21st May 2019
As Mental Health Awareness Week recently highlighted in the UK, psychological challenges can present themselves to anyone at any time. Executives and senior managers are not exempt. Such is the demanding...
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Monday, 20th May 2019
Willem van Oort believes the bill to modernise the Dutch gaming regime has little chance of resurfacing, following its withdrawal last week. Van Oort, Founder at Gaming in Holland, told Gambling Insider...
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Monday, 20th May 2019
IGT saw its Q1 revenue decline 5% year-on-year to $1.14bn, with operating income dropping 10% to $178m. Adjusted EBITDA slid 4% to $417m, with the supplier reporting net income of $40m. Revenue of $239m...
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Monday, 20th May 2019
Deputy Leader of the Labour Party Tom Watson has called for all online casinos to re-apply for their licenses in Great Britain. Watson, an outspoken critic of the gambling sector in Great Britain, has...
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Monday, 20th May 2019
The Walt Disney Company now owns a stake in sports betting and fantasy sports operator DraftKings, a spokesperson has confirmed to Gambling Insider. The development has been borne out of Disney’s...
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Monday, 20th May 2019
MGM Resorts International and Wynn Resorts have held preliminary discussions for MGM Resorts to buy Encore Boston Harbor casino in the US. MGM Resorts CEO Jim Murren and Wynn Resorts CEO Matt Maddox have...
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Monday, 20th May 2019
Greg Karamitis, SVP of Fantasy Sports at DraftKings, speaks exclusively to Gambling Insider about the daily fantasy sports (DFS) operator’s new Arena Football League (AFL) product. With industry...
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Friday, 17th May 2019
Spillemyndigheden, regulator of the Danish gaming industry, has commenced its whistleblower initiative, designed to allow anonymous reporting of legal violations.   Specifically geared towards anti-money...
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Friday, 17th May 2019
Caesars Entertainment announced the sale of its 70% stake in South African property Emerald Resort and Casino to Peermont Hotels. The deal is worth $49m and will see Caesars continue to operate the property...
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Friday, 17th May 2019
Pennsylvania sportsbooks saw declining results in April, dropping 23.5% from March’s figures to total state revenue at $4.2m. The drop was not a surprise as March Madness boosted the previous month’s...
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Thursday, 16th May 2019
  Mustard Digital Founder Allan Turner believes affiliates should focus efforts on promoting unique features within online casino games.   Turner, formerly CMO of operator BGO Group, founded...
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Thursday, 16th May 2019
Sky Betting and Gaming Executive Chairman, Richard Flint, will leave the role next month following 18 years with the company. The Stars Group, parent company of Sky Betting and Gaming, made the announcement...
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Thursday, 16th May 2019
Voting at Paddy Power Betfair’s annual general meeting, shareholders favoured the company’s rebranding to Flutter Entertainment. With 99.7% of votes approving the special resolution, the company...
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Thursday, 16th May 2019
Sweden’s gaming regulator, Spelinspektionen, has fined Betway Limited and Mandalorian Technologies Limited for breaking bonus rules. Gambling companies with license to operate in the Scandinavian...
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Wednesday, 15th May 2019
The Stars Group announced revenue of $580m for the year’s first quarter, a 47% increase year-on-year, as adjusted EBITDA increased 11.6% to $195m In its financial report, the operator highlighted...
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Wednesday, 15th May 2019
Gaming revenue at JPJ Group increased 13% year-on-year in Q1 to £83.3m ($107.3m). Net Income dropped 1.25% in the period to £7.9m. Adjusted EBITDA increased 16% year-on-year to £29m...
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Wednesday, 15th May 2019
The Gambling Commission’s ongoing investigations into the online casino sector have resulted in four operators receiving a total of £4.5m ($5.8m) in penalties. InTouch Games Limited will have...
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Wednesday, 15th May 2019
A William Hill advertisement seen on Tinder during the Cheltenham Festival has broken the Committees Advertising Practice (CAP) Code, according to the Advertising Standards Authority (ASA). The ad, sent...
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Wednesday, 15th May 2019
Iovation’s Product Marketing Manager, Angie White, speaks exclusively to Gambling Insider after the company published its research that showed more people in the US are taking evasive measures to...
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Tuesday, 14th May 2019
Tom Swoik, Executive Director of the Illinois Casino Gaming Association discusses proposed amendments to Illinois sports betting legislation with Gambling Insider. Can you tell me how the amendments to...
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Tuesday, 14th May 2019
The American Gaming Association (AGA) unveiled its Responsible Marketing Code for Sports Wagering in its attempt to prevent any complications which may come from increased sports betting advertisement. AGA’s...
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Tuesday, 14th May 2019
Monday’s unanimous vote from the New York Senate Racing, Gaming and Wagering Committee progressed bill S17 to the Senate Finance Committee. The bill would authorise mobile sports betting in the...
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Tuesday, 14th May 2019
Iowa has become the third state in 2019 to legalise sports betting, after Governor Kim Reynolds signed SF 617 into law. Under the new law, tax rate on sports betting revenue will be 6.75%, while a license...
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Monday, 13th May 2019
Bet365’s owners, Denise, John and Peter Coates, have made it into the top 20 of the Sunday Times UK richlist. The Coates family, which owns 93% of Bet365, occupy 19th spot, worth a total of £6.856bn...
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Monday, 13th May 2019
NetEnt appointed Fredrik Erbing as Chairman of the Board at its Annual General Meeting. Erbing was also re-elected as board member along with Pontus Lindwall, Peter Hamberg and Maria Redin. Lisa Gunnarsson,...
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Monday, 13th May 2019
In a world where there are hundreds of operators, Gambling Insider decided to see if players were loyal to just one , or if they were simply exploiting promotions. Alex Donohue, Director at Alex...
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Monday, 13th May 2019
Regulators are often tagged with a bad reputation. They can be blamed for setting standards too high and for not enforcing those same standards. It’s a tough task, especially when they are expected...
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Monday, 13th May 2019
Macau's current laws state casino concessions are offered maximum 20-year terms, with the possibility of a five-year renewal if approved by the city. Under current law, new concessions can only be issued...
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Friday, 10th May 2019
PokerStars and MelBet Affiliates have confirmed their places as exhibitors for AffiliateCon Sofia 2019. PokerStars is the world's biggest online poker operator and offers a wealth of opportunities through...
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Friday, 10th May 2019
Perform Group, Sportradar and other data suppliers could still sublicense betting data rights to the English Premier League, English Football League and Scottish Professional Football League (SPFL) from...
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Friday, 10th May 2019
Genting Singapore's revenue fell 5% year-on-year to S$640m (US$469.4m) for Q1, as net profit also dropped 5% to S$205m. Gaming revenue at the company’s integrated resorts fell 8% to S$430m, while...
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Friday, 10th May 2019
Wynn Resorts' revenue dropped 4% year-on-year to $1.65bn for Q1, with mixed results coming from its Macau operations. Adjusted EBITDA decreased 12% to $494.8m, Operating revenue from Wynn Palace saw...
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Friday, 10th May 2019
GVC Holdings progressed in its desire to operate in Nevada following a hearing on Wednesday. The operator was recommended for licensing by the Nevada Gaming Control Board following a 2-1 vote. The board...
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Friday, 10th May 2019
Bulgarian music sensation Ruth Koleva will perform at this year's AffiliateCon Sofia, appearing at the show's official networking party, Mixology, on Wednesday 15 May. Ruth has released two successful...
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Thursday, 9th May 2019
Jesper Søgaard discusses the affiliate’s first quarter performance, including results from Sweden, and forecasts strategies in the US and Brazil. You attributed the 97% growth in revenue...
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Thursday, 9th May 2019
Genius Sports has won the rights to become the global betting data supplier of the English Premier League, English Football League and the Scottish Professional Football League (SPFL) from the start of...
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Thursday, 9th May 2019
There may not be a FIFA World Cup or European Championships taking place this summer, but AffiliateCon Sofia attendees should not panic, as this year will see the inaugural AffiliateCon Sofia FIFA tournament...
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Thursday, 9th May 2019
An amendment proposed to Illinois sports betting legislation would set a tax rate of 25%, while a second option includes language to establish an integrity fee of 0.2%. Representative Michael Zalewski,...
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Thursday, 9th May 2019
Fox Sports, a subsidiary of Fox Corporation, has signed a deal with The Stars Group to launch Fox Bet, a US-focused media and sports betting partnership, while also purchasing a 4.99% stake in the operator...
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Thursday, 9th May 2019
The All Party Betting & Gaming Group hosted a seminar at Portcullis House in Westminster this week, asking a panel of experts if players want control and if they are getting enough of it. This seminar...
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Wednesday, 8th May 2019
The High Court has ruled in favour of Arena Racing Company (ARC) in its dispute with SIS, which was found to have used data unlawfully. Judge Antony Zacaroli found SIS and the Tote had infringed ARC’s...
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Wednesday, 8th May 2019
Melco Resorts & Entertainment reported a 4% year-on-year revenue rise to $1.36bn for Q1, while operating income decreased 10% to $188m. Adjusted property EBITDA saw a small rise to $406.8m in Q1,...
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Wednesday, 8th May 2019
Scientific Games has announced a 3% year-on-year revenue rise to $837m for Q1, while net company losses decreased to $24m during Q1 2019, falling from $202m. This was down to the company’s ability...
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Wednesday, 8th May 2019
Better Collective grew its revenue 97% year-on-year to €14.9m ($16.6m) for Q1, with organic growth of 41%. The affiliate attributed this increase to performances in the newly-depositing customers...
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Wednesday, 8th May 2019
Three gambling ads have had complaints upheld against them in the UK by the Advertsing Standards Authority, implementing William Hill, Paddy Power and Monopoly Casino. William Hill tweeted a picture of...
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Tuesday, 7th May 2019
William Hill has launched in Sweden, using its existing Redbet.se site. The operator recently acquired MRG Group, which includes Mr Green and Redbet brands. Its sportsbook, powered by Kambi, will...
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Tuesday, 7th May 2019
Entrance levies at Singapore’s two casinos, originally designed to deter locals from gambling, have raised S$1.3bn (US$950m) since their introduction. Minister for Manpower, Josephine Teo, announced...
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Tuesday, 7th May 2019
Betsson reported a 10% year-on-year growth in group revenue to SEK 1.3bn ($136m) for Q1, with organic growth of 8%. The operator attributes the revenue growth to operations in Western Europe and in Central...
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Tuesday, 7th May 2019
It's now been just over one month since the maximum stake on fixed-odds betting terminals (FOBTs) in Great Britain was reduced to £2 ($2.61), and while the forecasts for operators are not exactly...
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Tuesday, 7th May 2019
Chinese police have arrested seven people for organising cross-border online gambling in the Anhui Province, amounting to 2.1 billion yuan ($312m). The investigation began in July 2018, when a victim...
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Friday, 3rd May 2019
After a Sports Handle article claimed Sportradar had pushed operators for a “royalty fee," the supplier has denied the allegations and labelled them as “completely inaccurate." According to...
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Friday, 3rd May 2019
Genius Sports will provide Nascar's official data feed to betting operators. Only sportsbooks in regulated territories will be granted access to Nascar's official data. Nascar developed a sports gambling...
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Friday, 3rd May 2019
Eldorado Resorts Q1 net revenue fell 4% year-on-year to $627.8m. The US casino operator did, however, post a 43% rise in operating income to $123.7m, while adjusted EBITDA rose 6% to $166.7m. Q1 results...
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