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Gambling News Archive

Friday, 29th June 2018
Amax International Holdings has cut its net losses down to $6.5m for the financial period ending 31 March 2018 after strengthening its operations in Cambodia and Vanuatu. The Hong Kong-listed investment...
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Friday, 29th June 2018
The Stars Group has increased its debt-note offering from $750m to $1bn. The Toronto-based company intends to use the offering for its p$4.7bn acquisition of Sky Betting & Gaming (Sky Bet). The...
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Friday, 29th June 2018
The Indiana Gaming Commission has approved $4.5bn in casino acquisitions, including Caesars Entertainment Corp.'s $1.7bn purchase of the Indianapolis-based Centaur Gaming and its Hoosier Park and...
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Friday, 29th June 2018
Italy’s new coalition government  is expected to consider a draft law early next week that would ban ban online gambling advertisements and sponsorships within the country. If implemented,...
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Friday, 29th June 2018
Tribal casinos in the US said revenue rose to $32.4 billion in fiscal 2017, a four percent rise in gross gaming revenue (GGR), according to figures from the National Indian Gaming Commission. It is the...
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Friday, 29th June 2018
Tabcorp, the Australian gambling and entertainment giant, won a major political victory late Thursday when parliament banned Lottoland and other online competitors from operating lottery-betting websites....
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Friday, 29th June 2018
Developer and publisher Gaming Realms plc announced that they plan to sell a 70% majority stake in its UK online casino business to River UK Casino Limited. River UK Casino will purchase the stake for...
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Friday, 29th June 2018
Catena Media, the Swedish-based lead generation specialist, is entering the Italian market with the acquisition of ASAP ITALIA, a news lead generation company focused on the gambling and sports sectors. ASAP...
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Friday, 29th June 2018
Sir Hugh Robertson,  a former Foreign Office minister, has been appointed as the National Lottery operator's first independent chairman since the Ontario Teacher’s Pension Plan acquired...
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Thursday, 28th June 2018
The American Gaming Association has formed a seven-member committee to appoint a new CEO to succeed Geoff Freeman, who leaves at the end of July. Freeman is joining the Grocery Manufacturer’s Association...
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Thursday, 28th June 2018
Melco International opens the doors to its first casino outside of Asia on Thursday, a temporary structure located in Limassol on the southern coast of Cyprus. The temporary structure, which cost €12m...
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Thursday, 28th June 2018
Fines issued by the UK's' Gambling Commission rose  from £1.6 million to £18 million for the year ending 1 April 2018. The rise was linked to a crackdown on money laundering and unfair...
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Thursday, 28th June 2018
Germany’s elimination in the World Cup group stage has bought losses to some bookmakers while others are feeling the heat. William Hill had Germany at odds of 1/7 to beat South Korea, and the odds...
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Thursday, 28th June 2018
The UK Gambling Commission is hoping to improve consumer protection and make the gambling industry ‘fairer’ and ‘safer’ through the release of a new enforcement report. The ‘Raising...
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Thursday, 28th June 2018
Australia's Senate passed a motion on Wednesday to investigate loot box systems in video games after a study found that loot boxes in 10 of the 22 games tested could be considered psychologically similar...
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Wednesday, 27th June 2018
Microgaming has appointed John Coleman as the company’s new CEO, replacing Roger Raatgever. Coleman has been Microgaming's CFO for the past 13 years. “This is a momentous time for the business,...
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Wednesday, 27th June 2018
The Stars Group has raised $622 million in a public offering of common shares to help fund its $4.7 billion purchase of Sky Betting & Gaming.The Canadian gaming and online gambling company sold 17...
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Wednesday, 27th June 2018
Malta has postponed the introduction of its new Gaming Act until 1 August so it can review recommendations from the European Commission (EC) and comments from an EU member state about the new regulatory...
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Wednesday, 27th June 2018
Vermantia and the Arena Racing Company have launched the European Racing Channel by satellite and streaming, with plans to broadcast more than 40,000 thoroughbred and greyhound races every year from racecourses...
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Wednesday, 27th June 2018
Integrity Gaming CEO and Director Peter Macy has resigned from the Vancouver-based company with immediate effect to "pursue other interests", the company said in a statement. Robert Miodunski has taken...
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Tuesday, 26th June 2018
Michigan adjourned its legislative session this week without legalising sports betting, but there's still hope for the bill to become law by the end of 2018. New York also failed to agree on its bill,...
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Tuesday, 26th June 2018
The UK Gambling Commission (UKGC) has proposed further commitments to better protect children from the risks of being exposed to online gambling. The Responsible Gambling Strategy Board (RGSB) said it...
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Tuesday, 26th June 2018
Sports fantasy operator FanDuel has announced its brand will operate a new sportsbook at West Virginia’s Greenbrier Resort. The Greenbrier Resort’s private casino will feature FanDuel-branded...
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Monday, 25th June 2018
The UK’s plan to lower the maximum stake on highly addictive fixed-odds betting terminals (FOBT) from £100 to £2 will likely be delayed until 2020, leading to an outcry from some MPs,...
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Monday, 25th June 2018
Philippines President Rodrigo Duterte's war on gambling could cause problems for Macau’s Galaxy Entertainment Group, which plans to build a $500 million integrated casino resort on the holiday island...
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Monday, 25th June 2018
Rhode Island has followed Delaware and New Jersey to become the third US state to legalise sports betting. The state will take 51% of the revenue from sports betting - the highest percentage of revenue...
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Monday, 25th June 2018
British bookmaker Betfred paid a £10.2 million dividend to the family of gambling mogul Fred Done although the company reported a pre-tax loss of £18.1 million for the year-ended 24 September...
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Friday, 22nd June 2018
Atlantic City’s Hard Rock Hotel & Casino in Atlantic City doesn't just have the blues, it’s got "rhythem". Hard Rock installs giant guitar with giant mistake https://t.co/aKotHuKbi1 pic.twitter.com/HBd9W3NGKR—...
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Friday, 22nd June 2018
Galaxy Entertainment Group has been accused of snooping on their employees' social media accounts. The Macau casino operator reportedly entered into a deal with YouFind, a Hong Kong-based digital marketing...
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Friday, 22nd June 2018
Dutch Minister for Legal Protection Sander Dekker has outlined his online gambling liberalisation plan to the Lower House of the legislature, reviving a long-delayed gambling bill. The Remote Gaming Bill...
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Friday, 22nd June 2018
Mississippi and West Virginia have approved sports betting regulations, with both states expected to accept bets before the start of the football season in autumn. Mississippi residents will be able to...
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Friday, 22nd June 2018
Italy’s financial markets regulator has paved the way for gambling software firm Playtech to buy the remaining 19% stake of rival Snaitech, completing its £741 million ($986 million) takeover. Snaitech,...
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Friday, 22nd June 2018
Unibet has signed a two-year deal to become the official betting partners of French football champions Paris Saint-Germain (PSG), replacing PMU who had been the clubs betting partners for more than six...
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Thursday, 21st June 2018
The opening of the Ocean Resort Casino and the Hard Rock Hotel and Casino Atlantic City are both set for 28 June, as the casino industry in New Jersey begins its resurgence following the repeal of PASPA...
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Thursday, 21st June 2018
New York state legislators failed to pass a controversial sports betting law before closing their legislative session on Wednesday. Similar bills in both the Senate and Assembly would have permitted betting...
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Thursday, 21st June 2018
Video game giants Valve are the first casualty of Dutch Gaming Authorities crackdown on controversial loot boxes which are deemed a form of gambling in the Netherlands. The  Dutch regulator had threatened...
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Thursday, 21st June 2018
Rhode Island's Senate has approved Bill S7200A, paving the way for sports betting. All that's needed is the Governor’s approval before Rhode Island becomes the third state to legalise sports betting...
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Wednesday, 20th June 2018
The National Foodball League and other sports giants have been invited to testify before a US congressional committee on sports betting in late June, but the hearing seems to have been postponed over a...
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Wednesday, 20th June 2018
The Cyprus Football Association is fighting government plans to take the club's share of state betting revenues to pay off its debts. As things stand, the CFA get 1.5% , about $700,000, from the state's...
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Wednesday, 20th June 2018
Rhode Island’s Senate Finance Committee is the latest US state to gear up for legalised sport betting, hoping to follow Deleware and New Jersey. A full Senate vote is expected later this week. It's...
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Wednesday, 20th June 2018
France plans to privatise state-owned lottery monopoly Francaise des Jeux (FDJ) amid calls to restructure the national gambling regulatory framework.French Finance Minister Bruno Le Maire released draft...
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Wednesday, 20th June 2018
Stockholm has been crowned Europe’s betting capital, with more listed iGaming companies than any other stock exchange in Europe. Stockholm’s stock exchange now has 19 companies listed on it,...
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Wednesday, 20th June 2018
The UK Gambling Commission has hit online gambling firm 32Red with a £2 million fine for failing to protect a consumer and for money laundering failures. The fine involved a customer who was allowed...
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Tuesday, 19th June 2018
The UK Government plans to delay cutting the maximum stakes on fixed odds betting terminals (FOBT) from £100 to £2 until 2020 and have also announced they wish to raise online gambling tax. As...
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Tuesday, 19th June 2018
At least five Chinese-owned resorts on the island of Hainan are reportedly considering “entertainment bars”, where players bet real money in quasi-casinos but take winnings in redeemable points...
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Tuesday, 19th June 2018
Japan's lower parliamentary chamber passed the long-awaited Integrated Resorts Implementation Bill on Wednesday opening the way for casino gambling, with a ruling that is likely to extend the Diet session...
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Tuesday, 19th June 2018
With one day to go before lawmakers adjourn, New York's sports betting bill is looking more and more unlikely to pass. Changes were made to the bill in a frantic scramble over the weekend but there it...
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Tuesday, 19th June 2018
In a bold move to tackle crime, Kenya has burned at least 105 illegal gambling machines and threatened to deport any foreigners involved in selling or assembling them. The government hopes to get rid...
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Tuesday, 19th June 2018
Foxwoods Resort Casino President and CEO Felix Rappaport, 65, has died of undetermined causes in his hotel suite after more than four years leading one of the world’s largest gaming enterprises. Rappaport...
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Monday, 18th June 2018
The Stars Group Inc, owner of the PokerStars, BetStars and Full Tilt brands, has filed a supplementary prospectus in North America for a proposed public offering of 15 million common shares to help fund...
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Monday, 18th June 2018
The UK could bet £500 million within in a week with two World Cup games for England and five days of punting at Royal Ascot.  Betway predicts up to £40 million will be wagered every day...
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Monday, 18th June 2018
The World Health Organisation has classified gaming addiction as a medical disorder in the International Classification of Diseases, entitling suffers in England  to free health care. The WHO notified...
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Monday, 18th June 2018
Australians are increasingly using mobile phones to place bets - but fewer are taking a punt, according to a study by Australian research company Roy Morgan.Some 3.4 million Australians bet on a sporting...
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Monday, 18th June 2018
Senior Japanese lawmakers are expected to vote by Friday on the long-awaited casino bill. The enabling legislation, called the Integrated Resorts Implementation Bill, will pave the way for legalising...
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Monday, 18th June 2018
New York senators have amended gambling bill S7900 in a last-ditch effort to legalise sports betting  before the session ends on June 20. The bill, now numbered S7900C,  reduces the...
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Monday, 18th June 2018
Musician and record producer Steve Albini has won his first World Series of Poker gold bracelet, edging out more than 300 players in Seven Card Stud to win  $105,629. “There’s still...
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Friday, 15th June 2018
The UK government’s crackdown on fixed odds betting terminals (FOBT) is to be postponed until 2020, giving the industry a reported boost of £4 billion, based on average revenues. In May, the...
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Friday, 15th June 2018
The Las Vegas Lights soccer club has teamed up with UK bookmaker William Hill – the first US sports team to announce an official betting partner. The deal allows William Hill to promote its Nevada...
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Friday, 15th June 2018
Vietnam will allow residents to bet on overseas’ football matches starting in 2019 in a bid to stop international websites from siphoning money out of the country. One betting operator...
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Friday, 15th June 2018
Italy’s plan to ban gambling adverts will have a “massive impact” on online companies, handing an advantage to land-based operators, an industry expert has told Gambling Insider. Deputy...
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Thursday, 14th June 2018
Michigan's House of Representatives has voted 68-40 in favour of online gambling bill HB 4926, which paves the way for the Lawful Internet Gaming Act. The bill, if approved by Michigan's Senate and...
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Thursday, 14th June 2018
New Jersey casinos have seen their gaming win revenues dip as slot machines took a huge year-on-year reduction during May, according to the latest figures released by the New Jersey Division of Gaming...
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Wednesday, 13th June 2018
SJM Holdings Limited, the Macau headquartered hotel and casino operator, has announced several board changes following it Annual General Meeting on 12 June. The changes see 96 year old Stanley Ho, the...
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Wednesday, 13th June 2018
William Hill has announced it’s ready to accept the first sports bet in the state of New Jersey on Thursday, following the legalisation of full-scale sports betting in the state. Governor Phil Murphy...
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Tuesday, 12th June 2018
On Monday, it was announced that GambleAware and GamCare reached an agreement to fund the National Gambling Helpline and a network of treatment services for adults experiencing gambling-related problems. The...
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Tuesday, 12th June 2018
New Jersey are all set to begin full-scale sports betting after Governor Phil Murphy signed legislation on Monday which allows for racetracks and casinos in the US state to finally accept sports wagers. Both...
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Monday, 11th June 2018
The Japanese lower house is set to vote on a bill that, if passed, will allow three integrated casino resorts to begin construction which is cause for concern around the nation. In Japan, addiction is...
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Monday, 11th June 2018
Ten of the biggest casinos in Goa have been placed under investigation by India’s tax agency under claims that they have been evading service taxes.In India casinos are required to pay licence fees...
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Monday, 11th June 2018
It was announced on the 8 June by Camelot UK Lotteries Limited that National Lottery ticket sales increased for the 2017/18 financial year accounted to $9.2bn which was an increase of $35.27m on last year. The...
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Monday, 11th June 2018
Gambling focused digital performance marketing provider XLMedia has released a trading update in which its board stated that it expects “lower revenues”. London-based XLMedia stated in the...
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Monday, 11th June 2018
With the World Cup only four days away, law enforcement and regulatory forces are preparing to fight the rise of illegal gambling operators who have been making use of cryptocurrencies and technology to...
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Monday, 11th June 2018
Switzerland is set to ban foreign betting sites following a referendum vote on the country’s new Gambling Act. On the flip side the incoming Gambling Act will allow for Swiss casinos and gaming...
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Friday, 8th June 2018
Paddy Power Betfair has announced the signing of two long-term sports betting agreements in New Jersey and New York with Meadowlands Racetrack and Tioga Downs. Betfair US, a subsidiary of Paddy Power...
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Friday, 8th June 2018
The State of New Jersey’s legislatures has approved a bill that would legalise sports betting wagers to be accepted by the state’s casinos and racetracks. Both the New Jersey Assembly and...
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Thursday, 7th June 2018
There has been a substantial drive by major US casino industry companies to become more environmentally friendly as the benefits of clean energy have become more apparent in recent years. Caesars Entertainment,...
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Thursday, 7th June 2018
On the morning of the 17 May, the news broke that the UK Government will reduce the maximum stake a player can place on a Fixed Odds Betting Terminal from £100 to £2. This could have...
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Thursday, 7th June 2018
China-based AGTech Holdings Limited has won three provincial Chinese Sports Lottery hardware tender bids, through its wholly owned subsidiary, Beijing AGTech GOT (GOT) Technology. The tenders allow GOT...
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Wednesday, 6th June 2018
A new shared liquidity poker market has been established between players in France and Spain by partypoker. GVC Holdings’ owned online poker operator, partypoker has achieved the shared liquidity...
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Wednesday, 6th June 2018
Macau's gross gaming revenue failed to reach analysts expectations in May leading to several casino operators experiencing a decline to their share values. Macau's gambling commission, The Gaming Inspection...
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Tuesday, 5th June 2018
The American Gaming Association (AGA) has confirmed the departure of the group's CEO, Geoff Freeman. Freeman’s departure was made public in an email sent by the AGA, which stated that the national...
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Tuesday, 5th June 2018
Delaware is set to be the first state to implement full-scale sports betting operations later today. Three casinos will be launching their full-scale sports betting operations at 1:30pm local time on...
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Tuesday, 5th June 2018
Boston-based daily fantasy sports platform DraftKings has announced that it has now officially launched in Australia, despite more territories introducing high point of consumption taxes for online gambling. DraftKings...
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Monday, 4th June 2018
UK-based gaming business Gala Leisure has announced the appointment of John Kelly OBE as a non-executive Chairman. Kelly, an industry veteran who was the founder and CEO of the Gala Coral Group, will...
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Monday, 4th June 2018
Scientific Games has announced that it will be responsible for implementing the state of Delaware’s expansion into full-scale sports betting. A deal between Scientific Games and the Delaware Lottery...
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Monday, 4th June 2018
MGM and Caesars are attempting to avoid a city-wide strike in Las Vegas, as tentative agreements with union members in Las Vegas have been announced. The Culinary Workers Union Local 226, the largest...
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Friday, 1st June 2018
US daily fantasy sports operator DraftKings, has announced the agreement of a licensing partnership with Resorts Casino Hotel, Atlantic City, a move which will eventually see the company offer an online...
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Friday, 1st June 2018
Construction work has begun on a $700m expansion of the Seminole Hard Rock Hotel & Casino in Tampa, Florida. The expansion plans will see the resort filled with 5,000 slot machines and almost 200...
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Friday, 1st June 2018
There may be light at the end of the tunnel for the Mohegan and Mashantucket Pequot tribes’ long standing efforts to build a third casino in East Windsor, Connecticut as the US Department of the...
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Friday, 1st June 2018
Efforts to avoid a crippling casino strike in Las Vegas appear to have failed, as a deadline to renew 50,000 workers union contracts passed without resolution. The deadline to renew the hospitality workers...
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