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Gambling News Archive

Friday, 29th May 2020
City of Dreams Manila is preparing for a soft reopening after being closed since 15 March. The company reportedly is testing staff for COVID-19 and offering housing on site. There are also changes to the...
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Friday, 29th May 2020
Monte Carlo casino operator Societe de Bains de Mer has reported an 8% year-on-year rise in gaming revenue between 1 April 2019 and 31 March 2020. Overall revenue for the company increased 18% to...
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Friday, 29th May 2020
Spanish gambling operator Cirsa was forced to shut down its retail operations due to the global pandemic, but the company is aiming to resume work in June. Cirsa reported a 6% drop revenue for Q1, resulting...
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Friday, 29th May 2020
Vietnamese police in Hanoi have made 16 arrests in relation to an online gambling ring with revenue estimated at around $2.6bn, according to the An Ninh Thu Do newspaper. The illegal online gambling site...
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Friday, 29th May 2020
With ICE Asia Digital taking place 8-10 June, Gambling Insider caught up with Clarion Gaming group event director Greg Saint. Previewing the upcoming event, Saint advises attendees to think of ICE Asia...
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Thursday, 28th May 2020
The Premier League is set to restart on 17 June, in a major boost to sports betting operators. The English top flight has been suspended since 13 March due to the coronavirus pandemic, which led to all...
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Thursday, 28th May 2020
Flutter Entertainment has issued a Q2 trading update through 17 May, which shows a 10% year-on-year increase in pro forma group revenue. However, this is mainly boosted by the performance of Stars Group,...
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Thursday, 28th May 2020
The closure of betting shops was a contributing factor for the 0.5% decrease in gross gambling yield (GGY) in Great Britain, between October 2018 and September 2019. Gambling Commission statistics show...
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Thursday, 28th May 2020
Lottoland has announced the launch of its first charity lottery game in the UK, aimed at raising money for four different charities. The lottery operator will donate 20p from every £1 ($1.22) bet...
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Thursday, 28th May 2020
South Korean casino and resort Kangwon Land announced it will delay re-opening its main gaming floor. It’s the only casino where locals are allowed to gamble, but the setback was caused by the spike...
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Thursday, 28th May 2020
As I've written before on Gambling Insider, I will always defend the right to gamble, but I can't defend the indefensible. I wrote to that effect nine months ago and, this week, I find myself uttering...
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Thursday, 28th May 2020
After conducting a survey with online operators this month, the Malta Gaming Authority (MGA) has published its findings in a report assessing the impact of the COVID-19 pandemic on the Maltese gaming industry. The...
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Thursday, 28th May 2020
Playtech has said it takes full responsibility for regulatory breaches by subsidiary PT Entertainment Services (PTES) and will match the penalty fee of £3.5m ($4.3m). A Gambling Commission investigation...
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Thursday, 28th May 2020
Casinos operating in Germany could lose access to Visa and MasterCard due to unauthorized gambling transactions. Visa reportedly requested its partner banks to stop processing payments (deposits and withdrawals)...
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Wednesday, 27th May 2020
Sheikh Salah Hamdan Albluewi has been accused of failing to settle a £2m ($2.46m) debt with a Mayfair casino, as reported by the London Evening Standard. Les Ambassadeurs Club, described as an exclusive...
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Wednesday, 27th May 2020
A Gambling Commission investigation has found PT Entertainment Services (PTES) showed serious social responsibility, anti-money laundering and VIP failings, following a case where a player took his own...
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Wednesday, 27th May 2020
MGM China Holdings received a HK$2.34 billion ($302 million) revolving credit facility, with the possibility to increase it to HK$3.9 billion ($503 million) if certain conditions are met. The Macau-based...
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Wednesday, 27th May 2020
The long closure of the Las Vegas Strip is set to end on 4 June. Nevada Governor Steve Sisolak allowed the state’s casinos to re-open, provided necessary safety measures are in place. The Governor...
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Tuesday, 26th May 2020
ITALY The Italian Government has approved a temporary tax on sports betting turnover, as the nation attempts to recover from the coronavirus outbreak. The measure comes as part of the Government’s...
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Tuesday, 26th May 2020
Betting shops in England should be on course to reopen from 15 June, after the UK Prime Minister announced further plans to ease COVID-19 lockdown measures. Boris Johnson said all non-essential retailers,...
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Tuesday, 26th May 2020
Earlier today, Stanley Ho, one of the pioneers of Macau gambling, died at the age of 98 in Hong Kong. At the same time, however, Macau, despite prosperous growth during the decades under Ho’s watch,...
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Tuesday, 26th May 2020
Racing Post newspaper is set to return to print next week after ceasing publication on 25 March as a result of the COVID-19 pandemic. The newspaper's return has been planned to coincide with the return...
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Monday, 25th May 2020
Imperial Pacific International (IPI) stated it may have to permanently close the Imperial Palace‧Saipan resort due to a lack of finances. The announcement is directly related to the $5.6 million the...
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Friday, 22nd May 2020
Scientific Games has hired Michael Eklund as its new CFO, effective from 1 June 2020. Eklund worked for 20 years at Dell Technologies in both financial and operational roles. Most recently, he served...
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Friday, 22nd May 2020
Caesars Entertainment has announced it is to resume operations at its Las Vegas casinos, once given the go ahead by the state of Nevada. Gaming and hospitality will reopen at its Caesars Palace and Flamingo...
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Friday, 22nd May 2020
Genting Malaysia is preparing to re-open Resorts World Genting, its main casino, and announced results for the first quarter of 2020. Genting Malaysia experienced a net loss of MYR453.9 million ($104.4...
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Friday, 22nd May 2020
Today, the Advertising Standards Authority (ASA) released data from its 2019 survey on children’s exposure to age-restricted TV ads. The annual report assesses how much children (those aged between...
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Thursday, 21st May 2020
Svenska Spel has launched IGT’s cashless gaming product, which allows customers to fund their Video Lottery Terminal (VLT) play directly from mobile phones. The Swedish operator will utilise IGTPay...
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Thursday, 21st May 2020
OPAP has announced chief commercial officer (CCO) Jan Karas will become the company's acting CEO, replacing the outgoing Damian Cope. Karas will assume responsibilities from 1 June until a permanent CEO...
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Thursday, 21st May 2020
Fontana Leisure Parks & Casino was forced to shut down for the second time in four years. The resort owned by Jack Lam (pictured) in Mabalacat in the Philippines was allegedly running an illegal hospital...
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Thursday, 21st May 2020
Century Casinos is planning to open all of its properties by August. The decision was incentivised by its Poland subsidiary (in which the group has 67% interest), opening eight of its properties. Overall,...
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Thursday, 21st May 2020
GVC Holdings has estimated it will receive approximately £200m ($244.4m) from a rebate because of overpaid tax paid on gaming machines from 2002 to 2013. HMRC has decided not to appeal a ruling...
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Thursday, 21st May 2020
Aristocrat saw operating revenue of AU$2.25bn (US$1.47bn) for H1 of its financial year, a rise of 7% year-on-year. EBITDA was AU$707.6m, down 8%, while profit after tax was AU$1.31bn, up 277% from the...
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Wednesday, 20th May 2020
Despite the coronavirus pandemic impacting its sports segment, Catena Media saw Q1 revenue increase 2% year-on-year. Operating revenue grew to €26.7m ($29.3m), while adjusted EBITDA rose 15% to €12.9m. The...
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Wednesday, 20th May 2020
A ‘ghost game’ has taken place in Brazil, according to reports, providing a similar case to one in Ukraine earlier this year. Ghost games are matches advertised to have been played, with betting...
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Wednesday, 20th May 2020
The World Professional Billiards and Snooker Association (WPBSA) and the Malta Gaming Authority (MGA) have created a new data sharing agreement as part of their wider anti-corruption strategy. The partnership...
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Wednesday, 20th May 2020
Gambling.com revenue was €3.7m ($4.1m) for the first quarter of 2020, a fall of 28% year-on-year. Adjusted EBITDA was €740,000, down 58% from 2019, while net cash generated from operating activities...
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Wednesday, 20th May 2020
Kangwon Land Co Ltd has received permission from South Korea’s Government to extend its operating hours. The casino is allowed to open more gaming tables as well. Kangwon Land was closed for almost...
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Wednesday, 20th May 2020
William Hill could receive up to £150m ($183.7m) after a recent tribunal ruled the gaming industry overpaid tax on fixed-odds betting terminals (FOBTs) between 2005 and 2013. According to the operator,...
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Wednesday, 20th May 2020
Supplier Playtech says it has generated “strong” adjusted EBITDA of €117m ($128m) for Q1, as it continues to cope with the coronavirus pandemic. The gaming provider did not provide details...
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Tuesday, 19th May 2020
This week is the last chance for gaming companies to self-nominate for the Global Gaming Awards Las Vegas 2020. The deadline for self-nomination is the close of play this Sunday (24 May). Now in their...
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Tuesday, 19th May 2020
MGM Resorts International has announced the 25 May as the date for the first reopening of any of its US properties following forced closures amid the COVID-19 pandemic. Gold Strike Casino Resort in Tunica,...
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Tuesday, 19th May 2020
New data released by the Gambling Commission shows there has been no increase in the number of complaints about illegal gambling during the COVID-19 pandemic. Complaints have been stable over the past...
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Tuesday, 19th May 2020
Tabcorp Holdings has secured an agreement with its bank lenders permitting the waiver of leverage and interest cover covenants. The agreement falls under the operator’s syndicated facility agreement,...
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Tuesday, 19th May 2020
Nearly half of problem gamblers in the UK have not accessed treatment or support because of a lack of awareness and social stigma, according to a GambleAware report. Research found 46% of those with gambling...
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Tuesday, 19th May 2020
The government of Macau cannot sign off on any of the border re-opening timeframes for the Greater Bay Area. The Health Bureau stated it is experiencing difficulties setting conditions for re-openings,...
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Tuesday, 19th May 2020
The European Betting and Gaming Association (EGBA) supports the Spelinspektionen’s advice against government-imposed mandatory deposit limits. The Swedish gambling regulator is concerned over channelisation. Sweden’s...
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Monday, 18th May 2020
The German Bundesliga was the first major football league in the world to return from suspension this weekend, although while football is back, it’s not as we quite know and love it. Matches...
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Monday, 18th May 2020
Nektan is no longer trading on the Alternative Investment Market (AIM) of the London Stock Exchange, after its admission was cancelled. The supplier failed to appoint a new nominated adviser within one...
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Monday, 18th May 2020
EveryMatrix CEO Ebbe Groes says the supplier saw even greater esports betting activity last week, despite the return of German Bundesliga fooball. It was a somewhat muffled comeback for major football...
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Monday, 18th May 2020
Aristocrat Leisure Limited, the Australian slot machine maker and games provider, announced it priced a new US$500 million Term Loan B facility that will mature in October 2024. The loan was reportedly...
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Monday, 18th May 2020
GVC Holdings has completed the migration of its Ladbrokes Coral brands to the group’s technology platform. The operator acquired Ladbrokes Coral in March 2018 and the latest move finishes the migration...
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Monday, 18th May 2020
The Philippine Amusement and Gaming Corp (PAGCOR), the country’s gaming regulator, issued a statement celebrating the success of a joint police operation that resulted in the arrest of 265 Chinese...
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Monday, 18th May 2020
Asian casino operator Silver Heritage Group has announced it has entered into voluntary administration. The company has appointed Ryan Eagle and Amanda Coneyworth of KPMG as voluntary administrators of...
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Monday, 18th May 2020
Scientific Games has launched ReelPlay content with Golden Nugget Online Casino in the state of New Jersey. The content will be distributed through the supplier's Open Gaming System and will included...
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Friday, 15th May 2020
Bragg Gaming Group has reported substantial revenue growth for 2019, the first full year of operations since acquiring Oryx. Revenue for FY 2019 was up 41% to €26.6m ($28.8m) on a pro forma basis,...
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Friday, 15th May 2020
The German Bundesliga’s return this weekend will come as a relief to the sports betting industry. It was announced last week the top two tiers in German football – Bundesliga and 2. Bundesliga...
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Friday, 15th May 2020
Online virtuals ticket sales have seen significant growth during the coronavirus pandemic, as sports bettors look towards the vertical as a substitute for traditional sports betting, according to Golden...
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Friday, 15th May 2020
Melco Resorts & Entertainment suffered a net loss of $364 million in Q1 2020, compared to the $120.1 million of net income the previous year. The drop can be attributed to the closure of venues in...
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Friday, 15th May 2020
The Betting and Gaming Council (BGC) has announced the launch of a new £10m ($12.2m) national gambling education and support programme in the UK. The programme will see charities GamCare and YGAM...
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Friday, 15th May 2020
Better Collective has reported a 40% year-on-year revenue growth for Q1 2020, with its sports vertical performing strongly until the suspension of major sport in mid-March due to the coronavirus pandemic. Revenue...
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Friday, 15th May 2020
William Hill has released a trading update amid the coronavirus pandemic to detail the financial impact of the crisis and plans for recovery once the situation subsides. Despite the continued impact of...
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Thursday, 14th May 2020
The Danish Gambling Authority (DGA) has reported a 5% year-on-year decrease in total Danish gambling revenue for Q1 2020. In its Q1 report, total gross gaming revenue (GGR) for land-based and online,...
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Thursday, 14th May 2020
Betting search terms have decreased significantly during the coronavirus pandemic, according to the CEO of Netpeak Bulgaria. Speaking at the Gambling Insider-powered AffiliateCon Virtually Live, Gennadiy...
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Thursday, 14th May 2020
Scientific Games has secured another lottery contract, this time in Germany. Following recent renewals in Iowa and Connecticut, the supplier has now been awarded a new, three-year contract to provide...
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Thursday, 14th May 2020
According to participants in the Tal Ron All-Stars Panel at AffiliateCon Virtually Live this week, it is vital for those in all areas of the gaming industry to be adaptable during the current pandemic. Assaf...
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Thursday, 14th May 2020
Bloomberry Resorts Corporation reported in a 13% decline in net revenues for Q1. The earnings were Php9.4 billion (US$186.5 million). Net profit fell by 38% with earnings of Php1.4 billion (US$27.8 million)....
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Wednesday, 13th May 2020
Despite a slight year-on-year revenue increase for Q1 2020, Raketech has reported a 77% drop in total profit for the quarter. Revenue for the first three months until 31 March increased 1% from 2019 to...
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Wednesday, 13th May 2020
SickOdds co-founder Tom Wade is hopeful a significant percentage of new esports bettors will stay with the vertical, once live sports resumes following the coronavirus pandemic. Wade, of the esports odds...
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Wednesday, 13th May 2020
Las Vegas Sands announced it is cancelling its plans for Japan’s integrated resort. Previously, Sands was considered a favourite for the development in Japan. However, the company stated that the...
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Wednesday, 13th May 2020
Although player safety is of paramount importance during the current crisis, communication between affiliates and operators needs to improve, according to an AffiliateCon Virtually Live panel. Speaking...
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Wednesday, 13th May 2020
The casino workers’ Culinary Union organised a protest on the Las Vegas Strip in light of casino companies releasing plans to re-open. The protest also aimed to highlight safety protocol recommendations...
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Wednesday, 13th May 2020
The Gambling Commission has published guidance and measures for online operators in the UK, aimed at furthering player protection during the coronavirus lockdown. The measures follow research the Gambling...
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Tuesday, 12th May 2020
The British Horseracing Authority (BHA) is hoping that racing will return on 1 June, following the latest coronavirus easing guidelines released by the UK Government. It was hoped that British racing,...
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Tuesday, 12th May 2020
The novelty of alternative betting markets is starting to wear off the longer live sports continue to be absent, according to a recent panel. Pressbox PR director Alex Donohue said the offering of niche...
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Tuesday, 12th May 2020
Paulo Martins Chan is stepping down as director of the Gaming Inspection and Coordination Bureau (DICJ). The news was confirmed by Macau’s Office of the Secretary for Economy and Finance. Chan is...
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Tuesday, 12th May 2020
SkyCity Entertainment Group announced it will resume operations in three of its casinos in New Zealand, with Australia’s venue remaining closed. The re-opening will take place on 14 May in three...
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Tuesday, 12th May 2020
Swedish operator Svenska Spel has announced an extension to its partnership with the Swedish Sports Federation. The new deal, worth SEK 17m ($1.7m), will see the agreement extended until 31 Dec 2020. The...
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Tuesday, 12th May 2020
Caesars Entertainment has announced its plans to reopen its properties once permitted by applicable Government or tribal bodies. As part of its new safety measures, the operator will encourage social...
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Monday, 11th May 2020
Last week, operator Kindred published a written condemnation of the Swedish Government’s treatment of the gambling industry during the current pandemic. The operator’s response relates to...
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Monday, 11th May 2020
OPAP has resumed its retail operations with the opening of betting shops on 11 May, after the Greek Government lifted certain measures put in place due to the coronavirus. On 28 April, Greece prime minister...
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Monday, 11th May 2020
The UK Government has announced that no professional sport will take place in England until at least 1 June. The news comes as part of the Government's guidance on lockdown easing measures set out on...
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Monday, 11th May 2020
China’s Ministry of Finance announced March earned RMB10.5b ($1.5b), a 70% drop from the same month the previous year. Despite the downturn, operators are slowly coming back after the pandemic shutdowns....
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Monday, 11th May 2020
Gambling Insider caught up with Fincore CEO Predrag Popovic to discuss cybersecurity during the coronavirus pandemic. Can you give our readers an introduction into what Fincore does? Fincore is a software...
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Monday, 11th May 2020
Red Tiger has formed a new partnership with Swiss operator Groupe Partouche, owner of the newly licensed Casino du Lac Meyrin SA in Geneva. The partnership will provide Partouche with access to Red Tiger’s...
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Monday, 11th May 2020
BetConstruct has signed a deal with sportwetten.de that will see the German bookmaker use the supplier’s Spring platform. The agreement comes after sportwetten.de announced it has ended its sports...
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Monday, 11th May 2020
Philippines President Rodrigo Duterte announced an easing of quarantine measures in some areas, yet other high-risk areas will remain strictly regulated even after May 15. This includes gambling-related...
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Monday, 11th May 2020
Yggdrasil has finalised a partnership deal with platform provider Digitain. Through the deal, Yggdrasil will be able to supply operators with its slots portfolio, including titles such as Multifly, Trolls...
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Friday, 8th May 2020
Golden Race CEO Martin Wachter will deliver a presentation on virtual sports at AffiliateCon Virtually Live on Tuesday 12 May. Joining a stellar list of speakers already including Tal Itzhak Ron, ActiveWin...
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Friday, 8th May 2020
AffiliateCon Virtually Live viewers will be treated to an exclusive musical performance on Tuesday 12 May. Providing her signature blend of creativity and vocal talent, former Eurovision singer and X-Factor...
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Friday, 8th May 2020
Donaco International Ltd announced that the Supreme Court of New South Wales lifted a freezing order that was placed on the shares owned by certain Thai parties. The issue began when the company acquired...
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Friday, 8th May 2020
Tyrone Dobbin, managing director for Sportingbet South Africa, believes esports can be a vital tool for acquisition during the current pandemic for operators. Speaking on a panel during the SBC Digital...
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Thursday, 7th May 2020
The Betting and Gaming Council (BGC) has urged the Welsh government to re-think its business rate relief to include high street betting shops, bingo halls and casinos, to help them cope with the coronavirus. In...
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Thursday, 7th May 2020
Zac Cohen, COO of identity and verification service Trulioo, speaks to Gambling Insider about the importance of the industry being online focused in this climate, and if the coronavirus will have an impact...
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Thursday, 7th May 2020
The South Korean professional football league (K League) will start its 2020 season on 8 May, with the opening match to be broadcast live in 17 countries. With Sportradar leading the broadcast distribution,...
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Thursday, 7th May 2020
Several Philippine lawmakers filed an Anti-Philippine offshore gaming operations (POGO) Act in order to ban offshore gaming operators. The Act is set to make the offshore casinos illegal regardless of...
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Thursday, 7th May 2020
Online poker is experiencing a “second wave” of popularity in Europe as a result of the current coronavirus pandemic, according to EvenBet Gaming CEO Dmitry Starostenkov. As part of a panel...
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Thursday, 7th May 2020
A reopening phase is set to begin as Angel of the Winds Casino Resort, operated by the Stillaguamish Tribe, is set to open on May 13, and the Confederated Tribes of the Colville Reservation is also aiming...
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Wednesday, 6th May 2020
The German football season is set to resume later this month after being given the go-ahead by chancellor Angela Merkel. The top two tiers in Germany, Bundesliga and 2. Bundesliga, will become the first...
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Wednesday, 6th May 2020
FSB says it has made significant changes to its practices after reaching a settlement of £600,000 ($741,324) with the Gambling Commission. An investigation found FSB guilty of advertising, money...
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