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Gambling News Archive

Friday, 31st July 2020
The casino sector could be in a “heap of trouble” if the reopening of venues is delayed further than the new planned date of 15 August, according to the Rank Group CEO. Earlier on 31 July,...
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Friday, 31st July 2020
The Betting and Gaming and Council (BGC) has described its “utter dismay” after the UK Government decided to delay the reopening of casinos in England until at least 15 August. Prime Minister...
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Friday, 31st July 2020
Casinos in England are to stay closed after the UK government postponed the further easing of certain coronavirus lockdown measures. The country’s casinos were meant to open from 1 August, after...
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Friday, 31st July 2020
Hawthorne Race Course has been given preliminarily approval by the Illinois Gaming Board to proceed with its casino development plans. The gaming board voted unanimously in favour of the racetrack’s...
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Friday, 31st July 2020
The Horserace Betting Levy Board (HBLB) has agreed to increase its prize money allocation by 50% for the rest of the year. From 1 September to 31 December, HBLB’s contribution in prize money will...
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Friday, 31st July 2020
MGM Resorts announced the group’s financial results for Q2 2020. The group’s revenue for the three months ending on June 30 was $289.8m, a significant 91% drop from $3.2bn in 2019. Casino contributed...
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Friday, 31st July 2020
Scotland’s First Minister Nicola Sturgeon announced Thursday that the country’s casinos and bingo halls are provisionally set to reopen on 24 August. She added, however, that Scotland will...
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Friday, 31st July 2020
The National Basketball Association (NBA) has expanded its multi-year content deal with Verizon Media-owned Yahoo Sports, making them the official marketing partner for the professional...
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Friday, 31st July 2020
Clarion has taken the decision to postpone iGB Live and iGB Affiliate Amsterdam until 2021 as a result of the COVID-19 pandemic. The industry events were originally scheduled for September 2020 at the...
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Thursday, 30th July 2020
GVC Holdings has rebuffed newspaper speculation connecting an investigation by the British tax authorities into its former Turkish-facing business with defunct payment processor Wirecard. A column in...
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Thursday, 30th July 2020
Despite a gradual recovery from the coronavirus pandemic, La Française des Jeux (FDJ) saw H1 revenue decline 15% year-on-year. The French operator’s adjusted revenue was down to €849m...
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Thursday, 30th July 2020
Two casinos and a bowling alley in rural Nevada are the focus of State casino regulators seeking fines amid allegations of non-compliance with mandated safety requirements to prevent the spread of COVID-19. Between...
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Thursday, 30th July 2020
The Gambling Commission has announced that changes to the rules and regulations regarding society and local authority lotteries have now come into effect in the UK. The changes came into force on 29 July,...
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Thursday, 30th July 2020
Belle Corporation announced its earnings for the first half of this year. Net income was PHP222m ($4.5m), an 89% drop from PHP2bn in 2019. Gaming revenue dropped significantly as well, falling 87% from...
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Thursday, 30th July 2020
Churchill Downs Incorporated reported losses for Q2 2020. The group’s net revenue stands at $185.1m, a 61% decline compared to the previous year with $477.4m. Net loss was $118.8m, a massive drop...
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Thursday, 30th July 2020
Spain’s National Commission to Combat the Manipulation of Sports Competitions and Betting Fraud (CONFAD) has approved a new 2020/2021 plan to counter match-fixing in relation to Spanish sports betting. The...
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Thursday, 30th July 2020
iGaming Cloud Inc., the subsidiary of Gaming Innovation Group (GiG), has received a permanent casino service industry enterprise license (CSIE) from the Division of Gaming Enforcement in New Jersey. The...
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Wednesday, 29th July 2020
Austria’s financial police, the Finanzpolizei, have reportedly confiscated over 660 gaming machines in 278 inspections carried out since January, raising concerns over illegal gaming activity, particularly...
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Wednesday, 29th July 2020
The Massachusetts House of Representatives on Tuesday voted in favour of Bill H.4879, an Act that would authorise legal online and land-based sports betting in the state. Heading to the senate for further...
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Wednesday, 29th July 2020
Betfred is to donate £32,000 ($41,490) to the Stroke Association following its charity activity at the 2020 World Matchplay. The operator, title sponsors of the PDC darts event, had pledged £50...
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Wednesday, 29th July 2020
SJM Holdings, a Macau casino operator, reported a loss of HKD1.41bn ($182.2m) for the first half of this year. This represents a 184% drop compared to the previous year when the group’s profit...
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Wednesday, 29th July 2020
The online gaming division of Everi Holdings Inc., Everi Digital, is set to work with Lotoquebec.com to launch its games in Canada. The partnership includes Scientific Games and its OpenGaming ecosystem....
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Tuesday, 28th July 2020
Shares of companies with sports betting operations were hit hard after two Major League Baseball (MLB) games scheduled for Monday night were postponed due to a COVID-19 outbreak in the Miami Marlins organisation. According...
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Tuesday, 28th July 2020
Pan-Eastern European betting firm SuperBet Group announced Monday it secured a 60% holding in Lucky7 Ventures, acquiring a majority stake in the online casino business. Founded by Olof Örn, Magnus...
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Tuesday, 28th July 2020
Betting exchange operator Smarkets has expanded its offering by launching in Sweden. Approval from the Swedish Gaming Authority (SGA) in April means Smarkets will become the second licensed betting exchange...
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Tuesday, 28th July 2020
Player protection company Beanstalk has formed a joint-venture with A Game Above to launch a tool designed to help governments and regulators block access to unlicensed gambling. Yield Sec, the technical...
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Tuesday, 28th July 2020
NetEnt and Tipico signed an agreement that ensures NetEnt games will be available for New Jersey’s market once the new platform is launched. Tipico is a German-based...
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Tuesday, 28th July 2020
Rank Group has extended its partnership with Carers Trust into 2021, with the goal of helping unpaid carers in the UK. Gareth Howells, Carers Trust’s CEO, expressed gratitude towards the UK-based...
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Tuesday, 28th July 2020
Pariplay has signed a partnership with Portuguese operator Nossa Aposta amidst what the supplier has described as “ongoing market growth.” The deal will see Pariplay extend its reach in the...
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Tuesday, 28th July 2020
Playtech has extended its reach in the Czech Republic after expanding its partnership with operator Fortuna. The expansion will see Fortuna launch end-user versions of Playtech’s customisable Native...
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Monday, 27th July 2020
The International Betting Integrity Association (IBIA) has published a response to the Australian Sports Wagering Scheme (ASWS) calling for an integration of in-play sports betting. The ASWS is a planned...
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Monday, 27th July 2020
Italian betting shops refusing to pay tax duties face closure as newly appointed Customs and Monopolies Agency (ADM) director-general Marcello Minenna begins negotiations...
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Monday, 27th July 2020
The Betting and Gaming Council (BGC) has called on the Scottish and Welsh governments to provide clarity on when casinos can reopen in both countries. On 17 July, the UK government announced that casinos...
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Monday, 27th July 2020
ORYX Gaming has signed a deal with 888 that will see its content integrated on the operator’s platform. The partnership will see proprietary ORXY RGS platform content, which features games and premium...
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Monday, 27th July 2020
Illinois bettors are once again required to register in-person for online sports betting after Governor Pritzker yesterday issued an Executive Order rescinding remote...
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Monday, 27th July 2020
Former The Stars Group (TSG) CEO Rafi Ashkenazi has joined BlueRibbon Software as a strategic advisor. Ashkenazi’s role will include helping the B2B marketing platform provider strengthen its online...
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Monday, 27th July 2020
Bookmaker Fitzdares has announced plans to launch a WhatsApp sports tipping service featuring a trio of famous sports commentators. The punditry service will be titled ‘WhatSport’ and will...
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Monday, 27th July 2020
Genting Cruise Lines, a division of Genting Hong Kong Ltd, recently restarted cruise services in Taiwan. The group owns three brands, Star Cruises, Dream Cruises and Crystal Cruises, and Explorer Dream...
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Monday, 27th July 2020
Star Entertainment Group updated its policy on health and safety measures in its flagship casino The Star Sydney. The renewed restrictions come after recent COVID-19 outbreaks in New South Wales, with...
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Friday, 24th July 2020
Monte Carlo casino operator Societe de Bains de Mer saw its gaming revenue decline by 84% year-on-year for Q1 2020/2021, as the coronavirus pandemic led to property closures. With its four Monte Carlo...
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Friday, 24th July 2020
GVC Holdings has appointed its chief technology officer Sandeep Tiku as Shay Segev’s new COO. Segev, the operator’s previous COO, last week succeeded Kenny Alexander as CEO, following the...
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Friday, 24th July 2020
Kindred Group has seen its year-on-year profit and revenue rise for H1 2020, despite of the impact on operations caused by the coronavirus pandemic. Gross gaming revenue (GGR) between January and June...
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Friday, 24th July 2020
Bulgaria’s National Assembly approved the second reading of a bill amending the Gambling Act, dismantling the State Gambling Commission (SGC) and transferring oversight of all gambling activities...
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Friday, 24th July 2020
Continuing our affiliate theme in the latest GI Huddle interview, Gambling Insider sat down for an in-depth Q&A with Harry von Behr, strategy and business development director at Spotlight Sports Group. Focusing...
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Friday, 24th July 2020
Suntrust Home Developers, part of the Westside City Project in the Philippines, announced it borrowed PHP7.3bn ($147.8m) from Fortune Noble Ltd, a wholly-owned subsidiary of Suncity Group Holdings. The...
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Friday, 24th July 2020
Kambi CEO Kristian Nylén has described the past few months as the “toughest of tests” as the sports betting supplier’s Q2 revenue fell 32% year-on-year to €14.8 ($17.1m). Operating...
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Friday, 24th July 2020
Casino equipment, lottery and online games provider Scientific Games Corp reported a $198m net loss for Q2 2020, a significant rise from $75m the same period last year and can be attributed to global lockdown...
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Friday, 24th July 2020
China’s state television broadcaster, CCTV, demoted the English Premier League (EPL) match between Liverpool FC and Chelsea FC from its main sports channel CCTV-5 to CCTV-5+, a channel regarded as...
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Thursday, 23rd July 2020
Newgioco has published its Q1 report after a series of COVID-19 related delays to the reporting period. The operator saw growth for the first quarter of 2020 despite what it describes as “global...
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Thursday, 23rd July 2020
Total Q2 losses for Las Vegas Sands were nearly $1bn, including the properties in Macau, Singapore and Las Vegas. Las Vegas Sands Corp, Sands China's parent company, lost a total of $985m during Q2, with...
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Thursday, 23rd July 2020
Tabcorp has announced upcoming changes to key executives from the end of 2020 with CEO and MD David Attenborough to retire from his roles in 2021. The incumbent CEO and MD will step down from his positions...
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Thursday, 23rd July 2020
Digital bank Monzo revealed that approximately 5% of its clientele, or 223,000 customers, have activated its gambling block function since first being introduced over two years ago. Meanwhile,...
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Thursday, 23rd July 2020
Wynn Resorts is planning to furlough employees in its Las Vegas properties. The company has more than 30,000 employees worldwide, with more than 16,000 working in Las Vegas properties. For a while, Wynn...
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Thursday, 23rd July 2020
The Betting and Gaming Council (BGC) has criticised a decision by the Scottish Government to backtrack on the lifting of betting shop restrictions. Earlier this month, the Scottish Government agreed to...
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Thursday, 23rd July 2020
Operator Genesis Global has responded to the suspension of its license by the Gambling Commission by confirming it will "vigorously appeal" the decision. The suspension came into effect on 20 July, with...
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Thursday, 23rd July 2020
American Gaming Association President and CEO Bill Miller testified before a Senate Judiciary Committee as part of a hearing on protecting integrity in college athletics. Miller argued that the legal,...
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Thursday, 23rd July 2020
The Hong Kong government announced Wednesday that quarantine requirements for people arriving from Macau, mainland China and Taiwan have been extended until 7 September. Previously set to expire on 7...
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Wednesday, 22nd July 2020
Leading shareholder Richard Livingstone is to sell SEK 5.91bn ($658m) worth of stock owned in Evolution Gaming. Livingstone, who along with brother Ian is worth an estimated $3.7bn and has a 16.4% stake...
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Wednesday, 22nd July 2020
Morgan Stanley analysts predict Macau’s gaming industry could reach break-even EBITDA in Q3 2020 “due to cost rationalisation”, since overall operating expenses have decreased by 18%...
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Wednesday, 22nd July 2020
New Zealand has allowed spectators to return to live sports events, and illegal offshore bookmakers have been quick to make use of it. Sports administrators are working to deal with the offenders. So far...
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Wednesday, 22nd July 2020
The merger between Eldorado Resorts and Caesars Entertainment Corp. has reached completion, but the new agreement will bring job cuts to the Las Vegas casino market. Despite imminent losses, CFO Bret...
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Wednesday, 22nd July 2020
Las Vegas casino unions have dropped two MGM Resorts International properties from a lawsuit accusing the companies of putting employees at risk during COVID-19 due to inadequate protective measures. The...
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Tuesday, 21st July 2020
The Gambling Commission has suspended Genesis Global Limited's operating license due to a number of compliance issues. The decision was based on section 118 of the 2005 Gambling Act. The GC suspects the...
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Tuesday, 21st July 2020
Responsible Wagering Australia (RWA) has warned that an increase in online gambling poses a “major threat to responsible gambling in Australia” if fuelled by unlicensed overseas websites. With...
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Tuesday, 21st July 2020
In the latest GI Huddle interview, Better Collective CEO Jesper Søgaard joins Gambling Insider to talk all things affiliates. With online gaming seeing significant increases during the COVID-19...
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Tuesday, 21st July 2020
The British tax authorities have widened their investigation into GVC Holdings' former Turkish online subsidiary, to examine “potential corporate offending.” GVC's share price has also tumbled...
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Tuesday, 21st July 2020
Evolution Gaming has signed an agreement which will see the gaming supplier provide live casino services across Intralot’s global operations. Evolution’s full suite of live casino games will...
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Tuesday, 21st July 2020
Betsson saw revenue of SEK 1.53bn ($170.8m) for the second quarter of 2020, a rise of 20% year-on-year. This revenue increase was driven by growth in the Swedish operator’s casino segment. Casino...
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Tuesday, 21st July 2020
Casino operator Empire Resorts announced it will issue senior secured notes worth $475m as a means to boost liquidity. Since last year, Empire Resorts, with properties in New York, was jointly managed...
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Tuesday, 21st July 2020
Eldorado Resorts has officially completed its $17.3bn acquisition of Caesars Entertainment. Eldorado initially received approval from the Nevada Gaming Commission and has since been given the green light...
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Tuesday, 21st July 2020
The race to enter the Illinois sports betting market heated up Monday with the Illinois Gaming Board (IGB) awarding temporary operating permits to both DraftKings and FanDuel. DraftKings, filing under...
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Tuesday, 21st July 2020
Scottish betting shops have called for business rates relief amid fears that stores could close for good due to extraneous costs resulting from COVID-19. The Betting and Gaming Council (BGC) has implored...
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Monday, 20th July 2020
Swedish operator Svenska Spel saw revenue of SEK 1.64bn ($182.3m) for the second quarter of 2020, a fall of 19% year-on-year. Operating profit for the period amounted to SEK 473m, a drop of 11% from 2019....
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Monday, 20th July 2020
Last Friday, the UK government announced that casinos in England will reopen on 1 August, as coronavirus restrictions were further eased. The Betting and Gaming Council (BGC) has previously expressed...
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Monday, 20th July 2020
Casino games and software developer Red Tiger has partnered with European operator SKS365, a collaboration that will see 50 innovative gaming titles go live on one of Italy’s biggest brands, Planetwin365. The...
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Monday, 20th July 2020
KirolBet has terminated its agreement as official sponsor of football club CA Osasuna in response to newly proposed Spanish advertising legislation. The regulations, which were released in February this...
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Monday, 20th July 2020
Catena Media expects to post record quarterly revenue and profit for Q2 2020, despite the impact caused by the coronavirus pandemic. In its trading update, the affiliate said that revenue from April to...
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Monday, 20th July 2020
Online gaming operator Fun88 has signed a new partnership with Newcastle United football club. Through the agreement, Fun88 will remain the English Premier League club’s primary partner in a new...
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Monday, 20th July 2020
Marina Bay Sands, an integrated resort in Singapore, reached a settlement of SGD9.1m ($6.5m) for one of its former patrons, Wang Xi. Bloomberg reported the casino met the demand for the former high...
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Monday, 20th July 2020
The Cambodian Government allowed NagaCorp Ltd to re-open “all of its casino businesses”. The casino is located in the capital Phnom Penh and with the easing of restrictions across the country,...
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Friday, 17th July 2020
New Silkroad Culturaltainment Ltd, a Hong Kong-listed gaming and entertainment investor, warned it expects to lose HKD47m ($6.1m) for the first six months of 2020. The sum is nearly double the loss of...
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Friday, 17th July 2020
Casinos will reopen in England on 1 August, after the latest easing of coronavirus pandemic restrictions from the UK Government. Betting and Gaming Council CEO Michael Dugher and Hippodrome Casino CEO...
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Friday, 17th July 2020
New-York based Leisure Acquisition Corp. (LACQ) announced Thursday it was dropping its $1.1bn deal with Gateway Casinos & Entertainment Ltd. LACQ, a special-purpose acquisition company (SPAC) announced...
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Friday, 17th July 2020
Novomatic Group has been awarded a second-place finish in the 2020 Austrian Brand Value Study. The European Brand Institute study ranks the 500 most valuable Austrian brand corporations based on turnover,...
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Friday, 17th July 2020
Charity helpline Gordon Moody Association has seen a sharp increase in interactions with problem gamblers during the COVID-19 pandemic, with calls jumping from 30 to 1,000 a month during the period from...
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Friday, 17th July 2020
Evolution Gaming has reported significant revenue and profit rises for H1 2020, despite the coronavirus pandemic dominating the period. The supplier’s operating revenues between January and June...
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Friday, 17th July 2020
Following the huge news that this year’s Global Gaming Expo (G2E) has been cancelled in its physical format, Gambling Insider exclusively caught up with G2E event director, Korbi Carrison, and American...
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Friday, 17th July 2020
Macau’s mass market gross gaming revenue (GGR) continues to suffer from declines, as outlined by the sector's Q2 report. Macau revenue comes from three sectors: VIP, table and electronic games and...
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Friday, 17th July 2020
NetEnt CEO Therese Hillman has described the company’s performance in Q2 as “strong” with the company generating record revenue, earnings and cash flow. The supplier saw revenue of SEK...
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Friday, 17th July 2020
  Genting UK plans to cut 1,642 jobs at clubs and hotels due to the COVID-19 pandemic, with some casinos also facing permanent closure.   Staff at 27 of Genting's UK venues will be affected,...
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Friday, 17th July 2020
Despite securing approval from the Indiana Horse Racing Commission (IHRC) earlier this week, Eldorado Resorts and Caesars Entertainment are still waiting to finalise their merger. The IHRC had previously...
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Friday, 17th July 2020
Golden Nugget Online Gaming has agreed a deal with the Keweenaw Bay Indian Community and Ojibwa Casino to offer online casino in Michigan. The news adds to the current expansion of online casino...
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Thursday, 16th July 2020
Betting industry gross gaming revenue (GGR) forecasts for 2020 have fallen by $15bn because of the COVID-19 pandemic, according to H2 Gambling Capital data. Speaking at iGB Live, Ed Birkin, senior consultant...
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Thursday, 16th July 2020
Two Singaporean men and two Thai women have been arrested for allegedly running an illegal gambling website in Chiang Mai province. Immigration Police announced the arrest of four suspects at a house...
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Thursday, 16th July 2020
Marc Etches, CEO of GambleAware, described the independent charity’s first research into female gambling as an “important first step” in understanding the different ways men and women...
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Thursday, 16th July 2020
UK gaming chain Buzz Bingo will permanently close 26 venues across the country due to financial pressures as a result of COVID-19. Putting 573 jobs at risk, the Nottingham-based bingo company said in...
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Thursday, 16th July 2020
DraftKings has continued its rapid casino app expansion, following up the recent launch of its casino in Pennsylvania with an online casino launch in West Virginia. Last month, the operator launched in...
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Thursday, 16th July 2020
Summit Ascent Holdings has been allowed to reopen Tigre De Cristal, its Russian casino. Permission was gratned by the Governor of Primorsky Krai and goes into effect on 16 July. The property temporarily...
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Thursday, 16th July 2020
Ronald Perelman, the largest shareholder in Scientific Games, is considering selling his 39% stake in the supplier. In a filing with the Securities and Exchagne Commission, it was said Perelman, also...
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Thursday, 16th July 2020
In its H1 trading update, GVC Holdings posted an 11% year-on-year fall in net gaming revenue, although online revenue saw a 19% growth for the trading period. For Q2, online revenue grew 22%, with the...
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