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Gambling News Archive

Wednesday, 31st August 2016
Following the publishing of Gala Coral’s financial results for the 12 weeks ended 2 July (Q3) earlier today (Wednesday), CEO Carl Leaver spoke exclusively to Gambling Insider. Topics covered included...
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Wednesday, 31st August 2016
Ladbrokes has received a warning from the UK Advertising Standards Authority (ASA) regarding a promotion that ran on its news microsite during UEFA Euro 2016. Relating to the Group B game between England...
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Wednesday, 31st August 2016
Online operator 888 Holdings has moved to distance itself from the prospect of a merger with Rank Group, following the pair’s failed attempt to initiate a three-way merger with William Hill. While Rank...
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Wednesday, 31st August 2016
Gala Coral remains on track to complete its merger with Ladbrokes in the autumn and a number of parties have expressed an interest in buying 350-400 shops from the merged entity in order to do so. That...
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Tuesday, 30th August 2016
The London Affiliate Conference (LAC) and Financial Partners Expo (FPE) shows will be moving to ExCeL London from next year, the same home as the ICE Totally Gaming show. This follows the acquisition of...
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Tuesday, 30th August 2016
Industry provider NYX Gaming Group has targeted long-term, sustainable revenue growth after recording a significant rise in revenue for the six months ended 30 June 2016. In a statement, NYX announced...
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Tuesday, 30th August 2016
James Packer has relinquished his majority shareholding in Australian operator Crown Resorts, selling approximately 4.8% of the group’s issued share capital, around 35m shares, for a reported AUD$448m....
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Tuesday, 30th August 2016
Atlantic City’s Trump Taj Mahal Casino Hotel remains set to close on 10 October, after its owner Carl Icahn rejected a settlement offer from a workers’ union that would have ended a dispute with the...
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Friday, 26th August 2016
Rational Group and GVC Holdings have been granted long-term approval to continue to operate in the Romanian market by the country’s National Office for Gaming (ONJN). The new licences for each company...
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Friday, 26th August 2016
“Sport has always acted as the gateway into gaming. Usually when people take our sports offering, they take the casino as well, given the platform, the omni-channel approach and the opportunity of converting...
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Thursday, 25th August 2016
Following the publishing of Playtech’s financial results for the six months ended 30 June 2016 earlier today (Thursday), CEO Mor Weizer spoke to Gambling Insider about the highlights of the report as...
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Thursday, 25th August 2016
A strong performance from structured agreements led to Playtech growing its revenues by 18% year-on-year to €337.7m for the six months ended 30 June. Casino accounted for a 52% majority of total revenue...
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Wednesday, 24th August 2016
Paddy Power Betfair has now had a half year in operation since the two operators completed their merger in February, and there were a number of positive results in its H1 report covering the six months...
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Wednesday, 24th August 2016
Paddy Power Betfair has posted its first set of interim H1 results, highlighting a rise in revenue of 18%, to £759m, and double-digit growth across its four core divisions. Underlying operating profit...
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Tuesday, 23rd August 2016
Sportradar has partnered with the NHL to offer the North American sports league its Fraud Detection System (FDS) service. The FDS monitors betting patterns on sporting events and can notify analysts with...
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Tuesday, 23rd August 2016
888Sport has launched a Pokémon-Go style geo-technology game that allows for football fans to search for free-bet offers when near to a stadium. The Free Bet Hunt game is available via the 888Sport app...
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Tuesday, 23rd August 2016
Premier League football club West Ham United has announced the renewal of its sponsorship deal with Betway, which will see the operator's name emblazoned on the team’s shirts for the next three seasons....
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Tuesday, 23rd August 2016
Macau’s newest casino, Wynn Palace, had its grand opening on Monday, and analysts have outlined mixed thoughts on how the casino will perform. The casino, situated in Cotai, was unveiled by Wynn Resorts...
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Tuesday, 23rd August 2016
The Rank Group has posted a “solid set of results” for the 12 months to 30 June 2016, according to CEO Henry Birch, reporting pre-tax profit after exceptional items of £85.5m, a year-on-year increase...
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Monday, 22nd August 2016
The affiliate network of Sweden-based Cherry AB, Game Lounge, has acquired industry affiliate Interclick Limited in a deal worth £1.1m. Interclick Limited has been active in the UK and German markets...
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Monday, 22nd August 2016
The situation that William Hill, Rank Group and 888 Holdings have left themselves in is similar to that of the last three contestants on the game show Golden Balls. To those unfamiliar with the show, players...
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Monday, 22nd August 2016
After months of anxious waiting and speculation, the Global Gaming Awards 2016 shortlist has been announced, with many of the industry’s key players being recognised. The shortlist has been completed...
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Monday, 22nd August 2016
Mobile gaming solutions provider Nektan has moved to increase its working capital, selling three of its gaming brands to Buckingham HMB. The deal, worth an initial £1.75m in cash with a further £200,000...
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Friday, 19th August 2016
Wynn Boston Harbor is reportedly set to open in June 2019 after clearing regulatory hurdles. Wynn Resorts won an important case brought against the construction of the casino by the City of Somerville...
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Thursday, 18th August 2016
888 Holdings and The Rank Group have announced that they do not intend to make a firm offer for William Hill, and are withdrawing their much publicised proposal for a three way merger. Two non-binding...
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Thursday, 18th August 2016
BetVictor has launched a man of the match (MOTM) market on Premier League games after agreeing an exclusive partnership with data provider WhoScored.com. The MOTM market will be decided by data and not...
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Thursday, 18th August 2016
FanDuel and DraftKings (FD/DK) have taken steps towards getting back into Nevada, as the state’s Gaming Policy Committee (NGCP) published draft legislation that would make paid-entry fantasy sports exempt...
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Thursday, 18th August 2016
The UK Advertising Standards Authority (ASA) has upheld a complaint by a member of the public that a free bet promotion placed on Betway’s website earlier this year was misleading. The ad, which ran...
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Wednesday, 17th August 2016
It is now near impossible to even imagine New Jersey being successful in its attempts to repeal the terms of the Professional and Amateur Sports Protection Act (PASPA) of 1992, after the Third Circuit...
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Wednesday, 17th August 2016
Crown Resorts has published its full year results for the 12 months to June 30, reporting a 23% decline in normalised net profit to AUD$406.2m, on the back of continued struggles in Macau. Actual net...
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Wednesday, 17th August 2016
Nevada-based casino operator MGM Resorts International has announced its entrance into a definitive agreement to acquire 188,100,000 ordinary shares of its subsidiary MGM China Holdings from Grand Paradise...
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Tuesday, 16th August 2016
The Riviera Hotel & Casino has now been demolished in its entirety, with the last tower being taken apart in an implosion carried out in the early hours of this morning (Tuesday). The demolition job...
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Tuesday, 16th August 2016
The Senet Group has confirmed that former Online Dating Association chief executive George Kidd has taken over as its new CEO. It was reported by Global Dating Insights in July that Kidd was to leave his...
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Monday, 15th August 2016
William Hill has announced it has rejected another joint takeover proposal from Rank Group and 888 Holdings, this time equating to a value of approximately 352p per share. While that figure is lower than...
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Friday, 12th August 2016
David Baazov has now officially left the positions of CEO and Chairman of Amaya, and Rafi Ashkenazi has been appointed as CEO on a permanent basis. This follows the announcement in March that Baazov had...
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Friday, 12th August 2016
The Gambling Commission (GC) has published a discussion paper outlining its concerns on virtual currencies, eSports and social gaming. The GC’s assessment that the lines between “some social gaming...
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Thursday, 11th August 2016
The success of Jackpotjoy helped Intertain Group to reduce its losses and improve its total revenue and other income year-on-year in the second quarter of 2016. Revenue and other income increased 22% to...
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Thursday, 11th August 2016
Daily fantasy sports (DFS) operator Oulala is to expand its operations to Italy, having signed a partnership with international gaming platform provider Game Interaction Group Ltd. Founded in 2014, Game...
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Thursday, 11th August 2016
Eight US states have now enacted paid-entry fantasy sports bills this year, after Massachusetts Governor Charlie Baker has effectively signed a three-year deal into law. Rather than act as a bill purely...
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Wednesday, 10th August 2016
888 Holdings owner Eyal Shaked has used his Twitter account to accuse William Hill’s ego of causing the rejection of his company’s joint offer with the Rank Group to buy the business. William...
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Wednesday, 10th August 2016
LeoVegas has announced it is targeting revenue of €300m by 2018 when releasing its financial results for the second quarter and first half of this year. The operator revealed its revenue grew organically...
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Wednesday, 10th August 2016
A total of 10 people have been arrested by South Wales Police in relation to an investigation into match fixing on a Welsh Premier League football match played last season. The Football Association of...
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Tuesday, 9th August 2016
Attempts by New Jersey to allow sports-betting at racetracks and casinos in the state today (Tuesday) hit the buffers in a federal appeals court. The Third US Circuit Court of Appeals in Philadelphia ruled...
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Tuesday, 9th August 2016
William Hill has confirmed it has rejected a takeover approach from 888 Holdings and Rank Group, reasoning that “it substantially undervalues William Hill.” The Financial Times reported earlier...
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Tuesday, 9th August 2016
It has been reported that Rank Group and 888 Holdings have submitted a collective bid to purchase William Hill, giving the operator a valuation of up to £3.6bn. According to the Financial Times, the offer...
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Tuesday, 9th August 2016
TLCBet has been named as the official betting and gaming partner of Middlesbrough FC just four days before the start of the Premier League season. This will be Boro’s first season back in English football’s...
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Monday, 8th August 2016
SJM Holdings has not been unaffected by the casino market struggles in Macau, posting a 39% year-on-year decrease in profit to HK$1.1bn (£108.7m) for the six months ended 30 June. The operator owns 17...
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Monday, 8th August 2016
Boylesports has outlined its intentions to buy 360 shops owned by Ladbrokes and Coral for approximately £100m that have been put up for sale in order for the Ladbrokes Coral merger to complete. The Competition...
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Friday, 5th August 2016
Scientific Games has announced that Gavin Isaacs has left the positions of CEO and President to become Vice Chairman of the Board of Directors and will be replaced by former Norwegian Cruise Line CEO and...
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Friday, 5th August 2016
As expected, some decreases in William Hill’s online performance stood out in its financial report for the 26 weeks to 28 June. Online operating profit fell 33% year-on-year to £43.4m, while online...
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Thursday, 4th August 2016
Daily fantasy sports are now officially legal in eight US states, as New York Governor Andrew Cuomo has signed a fantasy sports bill into law. This follows a slight stalling in the process, as S 8153,...
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Thursday, 4th August 2016
Ladbrokes returned to statutory profit in a number of fields for the half year ended 30 June. The operator released headline and statutory results separately, with headline earnings including operations...
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Thursday, 4th August 2016
Atlantic City’s total number of casinos is to drop to seven, as it has been revealed that the Trump Taj Mahal Casino Hotel will close after Labor Day weekend in September, leading to approximately 3,000...
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Wednesday, 3rd August 2016
Caesars Entertainment Corporation has posted a loss of more than $2bn for the three months ending 30 June, as a result of the restructuring of the bankrupt Caesars Entertainment Operating Company (CEOC)....
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Tuesday, 2nd August 2016
The COO of Wagering and Media for Tabcorp Holdings has insisted that tax and regulatory issues are not a problem in launching a UK online sportsbook and casino Sun Bets in partnership with newspaper group...
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Tuesday, 2nd August 2016
FanDuel has announced a shakeup of its branding, unveiling a major rebrand and announcing a new season-long fantasy product. The redesign includes the rolling out of a user “Bill of Rights and...
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Tuesday, 2nd August 2016
MGM Resorts International has completed its previously announced acquisition of Boyd Gaming Corporation’s 50% stake in Borgata Hotel Casino and Spa, for an approximate total of $900m. MGM Resorts paid...
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Monday, 1st August 2016
William Hill has been confirmed as the European betting partner of Premier League football club Everton, in an agreement described as the Merseyside team’s highest ever value betting partner deal. The...
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Monday, 1st August 2016
Monthly gross revenue from games of fortune in Macau has fallen for the 26th straight month, contracting by 4.5% year-on-year in July to 17.8bn patacas. The rate of decline has continued to decelerate,...
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Monday, 1st August 2016
Caesars Interactive Entertainment (CIE) has agreed to sell Playtika, its social games development division, to a consortium that includes an affiliate of online gaming group Shanghai Giant Network Technology,...
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