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Gambling News Archive

Friday, 31st July 2015
UK operator Betfred is to feature co-founder Fred Done in a new TV advertising campaign. Seven new commercials have been shot for broadcast across the Sky Sports network, Betfred TV and on social media,...
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Thursday, 30th July 2015
Supplier Intralot has acquired a 35% stake in gaming platform Bit8 via its subsidiary Intralot Global Holdings BV. Intralot has a call option to increase its stake in Bit8 to 60% within the next two years,...
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Thursday, 30th July 2015
Operator Wynn Resorts has reported a 97% year-on-year net income decrease to $11.9m for the six months ended 30 June. Earlier this year, a net loss of $44m was reported for the first quarter of 2015, which...
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Tuesday, 28th July 2015
The judging line-up for the Global Gaming Awards 2015 has been completed. A total of 50 leading industry executives have agreed to cast judgement on 120 nominees in twelve categories as part of the...
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Tuesday, 28th July 2015
Professional poker player Phil Ivey is countersuing an Atlantic City casino which formally accused him of cheating last year. Ivey and his co-defendant – Cheung Yin Sun – filed a countersuit last week...
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Tuesday, 28th July 2015
Daily fantasy sports (DFS) operator DraftKings has secured $300m in Series D financing. The funding round was led by broadcaster FOX Sports, while other investors participating included sports leagues...
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Monday, 27th July 2015
A new scheme aimed at tackling problem gambling is due to launch in Glasgow city centre. For the first time people in Scotland will be able to call a confidential helpline to exclude themselves from all...
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Monday, 27th July 2015
Online gaming group GVC Holdings has made an improved proposal to acquire the entire issued and to be issued share capital of operator BwinParty, valuing the company at up to 122.5p a share. The proposal...
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Friday, 24th July 2015
The Casino Reinvestment Development Authority (CRDA) for the state of New Jersey approved plans this week to redevelop a former casino into a major entertainment complex. Local media sources report that...
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Friday, 24th July 2015
UK-based sportsbook 10Bet is the latest online operator to enter into a long-term strategic partnership with Oddschecker. The agreement will see 10Bet’s portfolio featured across Oddschecker’s websites...
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Friday, 24th July 2015
Operators Ladbrokes and Gala Coral have agreed the terms of a recommended merger to form Ladbrokes Coral plc. The merger will be between Ladbrokes and the Coral Group, which is made up of certain businesses...
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Thursday, 23rd July 2015
A year-on-year net revenue decrease of 19% to $2.92bn for the second quarter of 2015 has been reported by operator Las Vegas Sands. Consolidated adjusted property EBITDA went down 23% to $1.02bn. Net income...
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Thursday, 23rd July 2015
Operator Mohegan Sun has launched an online offering in New Jersey. MoheganSunCasino.com is the second site to use Resorts Casino Hotel’s’ i-gaming permit, following the official launch of Resorts’...
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Wednesday, 22nd July 2015
Operator 32Red has reported a total net gaming revenue (NGR) increase of 22% year-on-year to £18.6m for the first half of 2015. Casino NGR went up 21% to £17m, while the number of active casino customers...
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Tuesday, 21st July 2015
The total for June is the Delaware regulated online gambling market’s worst ever recorded monthly total net revenue figure. June’s monthly sum of $108,692 is lower than the previous record of $111,388...
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Tuesday, 21st July 2015
UK operator Betfair has continued to expand its Premier League presence by signing a deal to become the official UK betting partner of Sunderland AFC. The relationship will see Betfair use the club’s...
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Monday, 20th July 2015
A consortium led by Australian operator Echo Entertainment has won the right to begin work on a AUD$2bn casino project in Brisbane, Queensland. The consortium saw off rival interest in the project from...
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Friday, 17th July 2015
The UK government has rejected a bid to significantly lower the maximum stake on fixed-odds betting terminals (FOBTs). In November 2014 Newham Council, with the backing of 92 other local authorities, called...
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Friday, 17th July 2015
The boards of operators 888 Holdings and BwinParty have reached an agreement on the terms of a recommended offer that will see 888 acquire the entire issued and to be issued share capital of BwinParty. The...
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Thursday, 16th July 2015
Daily fantasy sports operator FanDuel has announced it has closed $275m in Series E financing. The round was led by investment firm KKR, equity fund Google Capital, Time Warner Investments Group and sports...
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Wednesday, 15th July 2015
Internet gaming win for New Jersey operators increased 14% year-on-year for the first six months of 2015, figures released by the New Jersey Division of Gaming Enforcement have revealed. The year-to-date...
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Tuesday, 14th July 2015
Two Indian Premier League (IPL) cricket teams have been found guilty in an illegal betting and match-fixing probe, report Reuters. A panel appointed by India’s Supreme Court in January 2015 has recommended...
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Tuesday, 14th July 2015
Online operator 32Red has acquired remote online gaming business Roxy Palace in an £8.4m deal. The purchase is comprised of £2m in cash and the issuance of 10 million new shares of 0.02p each, and gives...
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Tuesday, 14th July 2015
Nine gamblers in the Canadian province of British Columbia received an unexpected share of CAD1.1m after an error by the British Columbia Lottery Corps (BCLC). The BCLC discovered the error in the progressive...
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Tuesday, 14th July 2015
The High Court has found that the point-of-consumption tax regime that was implemented in the UK in December raises issues of European law and should be decided by the Court of Justice of the European...
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Tuesday, 14th July 2015
Lee Fenton is to take over from Noel Hayden as CEO of provider and operator Gamesys Group with immediate effect. Hayden has promoted himself to executive chairman, which Gamesys said “means that Noel...
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Monday, 13th July 2015
Cypriot legislators approved a bill last Thursday that will pave the way for the first casino to be built in the Greek-controlled southern half of the island, according to the Cyprus Mail. The law passed...
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Monday, 13th July 2015
Provider NetEnt has reported a 35% revenues increase to SEK 529.5m (approximately £40.2m) for the first six months of 2015. Operating profit went up 62% to SEK 174.5m and profit after tax ascended 63%...
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Friday, 10th July 2015
The National Office for Gaming (ONJN), Romania’s gambling authority, has posted a blacklist of 48 unlicensed online gaming websites. Ana-Maria Baciu, partner in Romanian law firm Nestor Nestor Diculescu...
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Friday, 10th July 2015
Unibet Group has agreed to acquire the online gambling arm of British bookmaker Stan James. Headquartered in Malta, Unibet have agreed an acquisition price of £19m, subject to regulatory approval, with...
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Friday, 10th July 2015
Metro Play Limited, owner of operator 666Bet, is being compulsorily wound up, the UK Gambling Commission (UKGC) has confirmed. UKGC was informed via an official notice that Metro Play has been ordered...
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Thursday, 9th July 2015
Provider OpenBet has signed a seven-year contract to supply the Singapore Pools with sports-betting products and services. OpenBet was selected from an open Expression of Interest (EOI) exercise initiated...
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Thursday, 9th July 2015
Internet corporation Yahoo has added Yahoo Sports Daily Fantasy to its fantasy sports website. The daily fantasy sports (DFS) product offers one-day and one-week fantasy contests for cash prizes. Yahoo...
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Thursday, 9th July 2015
The Supreme Court has unanimously dismissed operator Rank Group’s appeal against a Court of Appeal decision regarding VAT it was ordered to pay to HM Revenue and Customs on its takings from certain slot...
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Thursday, 9th July 2015
Online gaming group GVC Holdings and operator BwinParty have both confirmed reports that the former has made a proposal to acquire all of the outstanding and to be issued share capital of the latter. As...
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Wednesday, 8th July 2015
Online gaming group GVC Holdings is reported to have bid just over £900m to acquire operator BwinParty. Sources have told the Financial Times that the offer values shares in BwinParty at around 110p...
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Tuesday, 7th July 2015
Bidding for a casino licence in New York’s Southern Tier ended on Monday 6 July with only one proposal submitted to the state’s Gaming Facility Location Board, report the New York Times. Real estate...
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Monday, 6th July 2015
Assemblyman Mike Gatto has cancelled a hearing for a bill seeking the legalisation of online poker in California that was scheduled for Wednesday. AB 9, which was introduced by Gatto in December, is still...
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Thursday, 2nd July 2015
The city of Boston has begun issuing subpoenas in its lawsuit against the Massachusetts Gaming Commission. The two parties have been embroiled in a dispute since January concerning the Commission’s...
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Wednesday, 1st July 2015
June’s monthly gross gaming revenue (GGR) for Macau is the lowest total to have been reported since November 2010. Figures released by the Macau Gaming Inspection and Coordination Bureau showed 17.36bn...
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Wednesday, 1st July 2015
Operator Betfred has reported group turnover of £13.3bn for the 18-month period to 28 September 2014. The figure is a 66% year-on-year increase. Gross profit of £593m was reported, up 64%, while Betfred.com...
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