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Gambling News Archive

Friday, 31st August 2018
West Virginia is now offering legalised sports betting, with Hollywood Casino accepting wagers a few days ahead of schedule. Delegate Jason Barrett placed the first bet, putting down a $50 wager on the...
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Friday, 31st August 2018
The 13 Hotel in Cotai, Macau has opened today after obtaining a gambling licence earlier this month. After first welcoming guests on 24 August, The 13 expects to have gambling operations up and running...
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Friday, 31st August 2018
Kindred Group has agreed a three-year partnership with supplier Scientific Games covering the state of New Jersey. The Swedish group recently signed an agreement with Hard Rock Hotel & Casino Atlantic...
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Friday, 31st August 2018
Florida’s politicians could be set to require voter approval of casino gambling decisions after a new poll suggests 71% of residents are in favour of amending the state’s law. If passed, politicians...
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Thursday, 30th August 2018
Novomatic has reported a 13% year-on-year increase in sales revenue to €1.37bn ($1.6bn) for the first half of 2018. The supplier saw EBITDA rise to €318m, a 12% increase on H1 2017, while EBIT...
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Thursday, 30th August 2018
US Senate Minority Leader Chuck Schumer has put forward suggestions for a federal sports betting framework, receiving support from several major US sports leagues. Senator Schumer’s suggestions...
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Thursday, 30th August 2018
Penn National Gaming has secured regulatory approval from the Missouri Gaming Commission (MGC) for its pending acquisition of Pinnacle Entertainment. The $2.8bn plus stock acquisition deal between the...
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Thursday, 30th August 2018
Genting Malaysia has seen a 104% year-on-year increase in profit to RM378.3m ($92m) for the second quarter of 2018, despite a decline in VIP volume.   The casino operator's revenue also rose 6% to...
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Thursday, 30th August 2018
Ainsworth Game Technology reported a 6% year-on-year decrease in its revenue from operating activities to A$265.5m (US$193.6m) for the financial year ending 30 June. The supplier's profit before tax took...
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Thursday, 30th August 2018
The Australian Communications and Media Authority (ACMA) has extended its gambling advertising ban to include live sport streamed online. Earlier this year, the regulator introduced advertising restrictions...
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Wednesday, 29th August 2018
On 7 August 2018 Italy’s parliament voted to outlaw gambling advertising with 155 votes in favour and 125 votes against. This advertising ban will make it illegal to advertise gambling products...
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Wednesday, 29th August 2018
The Gambling Commission has issued a warning to operators after the Competition and Markets Authority (CMA) forced two betting firms to remove unfair withdrawal restrictions. Previously, Jumpman Gaming...
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Wednesday, 29th August 2018
The Mississippi House has passed a bill which will allow the creation of a state lottery, against the opposition of religious groups. This marks a u-turn, as the bill was originally defeated after the...
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Wednesday, 29th August 2018
The LeoVegas Group has launched its new UK sports betting focused brand, BetUK.com. The online operator recently launched its sportsbook 2.0 and new design for LeoVegas.com, a move which is now being...
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Tuesday, 28th August 2018
Better Collective, the online gaming industry educational platform developer, grew its revenue 93% year-on-year to €9.7m ($11.4m) in Q2 . Acquisitions and the Fifa World Cup helped to buoy the...
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Tuesday, 28th August 2018
It seems the Belgian Gaming Commission’s (BGC) strong stance against loot boxes has hit a chord with developers, as both Overwatch and CS: GO have removed paid for loot boxes from Belgian versions...
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Tuesday, 28th August 2018
Mississippi legislators failed to pass a bill which would create a state lottery. Senators voted 31-17 to pass the bill, moments after the Mississippi House of Representatives rejected the same bill 54-60. Mississippi...
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Friday, 24th August 2018
Australian casino operator Star Entertainment Group grew its revenue 6% to A$2.6bn ($1.9bn) for the year up to 30 June . Normalised net profit rose 20% to A$258m, while statutory profit improved by 44%...
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Friday, 24th August 2018
UK National Lottery operator Camelot has conceded its standards were not up to scratch, after being fined £1.2m by the Gambling Commission for five controls-related failures. Camelot’s breaches...
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Thursday, 23rd August 2018
PlaySugarHouse.com has become the first online casino in the US to integrate sports betting onto its platform. The New Jersey-based site launched its new SugarHouse online sportsbook and casino this morning,...
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Thursday, 23rd August 2018
US gaming enjoyed its best year to date, recording commercial gaming revenue of over $40bn for the first time, according to the AGA State of the States report for 2017. A total of 20 commercial casino...
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Thursday, 23rd August 2018
Playtech has hailed its “significant strategic and operational progress in regulated markets” as reported net profit increased 25% year-on-year to €112.4m ($130m) for the first half of...
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Thursday, 23rd August 2018
MGM Resorts’ mobile sports betting app playMGM has launched in New Jersey. This makes MGM the second operator in the state to offer mobile sports betting, after DraftKings and Kambi’s sportsbook...
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Wednesday, 22nd August 2018
Following months of deliberating, the companies who have been successful in making the 2018 Global Gaming Awards Las Vegas Shortlist are being contacted now. This comes after a lengthy and detailed process,...
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Wednesday, 22nd August 2018
Full House Resorts has submitted a proposal to the New Mexico Racing Commission to build a new racetrack hotel and casino in East of Clovis, New Mexico. The proposal was submitted as New Mexico has allowed...
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Wednesday, 22nd August 2018
Sportech has seen its profits stagnate as the company looks to expand in the US. The London-based online gambling company’s revenue totalled £31.6m ($40.7m) during H1 2018, compared to £33.5m...
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Tuesday, 21st August 2018
GLI has paid a $125,000 settlement after becoming the first ever independent testing lab to be disciplined by the Nevada Gaming Control Board (NGCB), according to CDC Gaming Reports. The NGCB issued a...
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Tuesday, 21st August 2018
LeoVegas has applied for a casino and sports betting licence in its native Sweden. The online operator claims  the application is part of its “expansion strategy,” which is to reach revenue...
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Tuesday, 21st August 2018
Visitors to Macau spent a total of 16.5m MOP ($2bn) in non-gaming for the second quarter of 2018, up 20% year-on-year. In the period up to 30 June, the per-capita spending of visitors was 1,996 MOP, an...
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Tuesday, 21st August 2018
Yggdrasil Gaming has agreed to supply its casino slots content to operator BetVictor in multiple regulated markets. The partnership will see the supplier provide BetVictor with its portfolio of video...
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Monday, 20th August 2018
Ladbrokes has distanced itself from a multi-company collaboration on safer gambling strategies in Australia. The operator had been working with the Australian government and some of the biggest online-only...
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Monday, 20th August 2018
Marathonbet has entered into a shirt sponsorship deal with Italian football club Lazio, despite the looming gambling advertising ban in Italy. The deal between the online operator and the Serie A club...
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Monday, 20th August 2018
Police in Jiangsu Province have busted another illegal online gambling syndicate, worth a reported value of ¥7.8bn ($1.1bn), arresting 56 in process, according to Xinhua news agency. The Philippines-based...
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Monday, 20th August 2018
Tech giant Apple has pulled around 25,000 illegal lottery apps from the app store in China, according to state media. Apple has said it removed the lottery apps in order to comply with tightening regulation...
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Friday, 17th August 2018
Kindred Group has signed a 5+5 year agreement with Hard Rock Hotel & Casino Atlantic City in New Jersey. The move means a first step into US gaming for Kindred (formerly Unibet Group), with a view...
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Friday, 17th August 2018
Empire Resorts, parent company of New York casino Catskills, reported a quarterly loss of $37.3m for the financial quarter ending 30 June. Although net revenue appeared strong, with $49.1m for the quarter...
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Friday, 17th August 2018
Operator Penn National Gaming will be launching sports betting at its five Mississippi casinos this month. Hollywood Casino Gulf Coast and Boomtown Casino Biloxi will open their sportsbooks on 17 August,...
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Thursday, 16th August 2018
Dmitry Starostenkov, CEO of EvenBet Gaming, speaks to Gambling Insider about the supplier’s plans to rejuvenate the online poker industry by offering a cryptocurrency platform. After initially launching...
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Thursday, 16th August 2018
FanDuel Co-Founder Nigel Eccles has filed a lawsuit against Paddy Power Betfair over its recent $465m takeover of the daily fantasy sports site. Eccles created FanDuel in 2009, stepping down as company...
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Thursday, 16th August 2018
MRG has handed in its applications for an online gaming license in Sweden. The Malta-based online operator, formerly known as Mr Green, will be joining an ever-growing number of competitors who are attempting...
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Thursday, 16th August 2018
In an update to investors, Cherry AB has announced its Q2 results posting a revenue increase of 41% to MSEK 753 ($82m) for that period. Organic revenue growth amounted to 39%, with profitability improving...
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Thursday, 16th August 2018
The Rank Group reported a 41.4% year-on-year decrease in profit before tax to £46.7m for the financial year ending 30 June 2018. The group’s like-for-like revenue also took a hit, falling...
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Thursday, 16th August 2018
Resorts Casino Hotel in New Jersey has launched its own land-based sportsbook, after becoming the first casino in the state to offer online sports betting in partnership with DraftKings. Resorts has become...
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Thursday, 16th August 2018
Yggdrasil Gaming has reported a 65% year-on-year increase in operating revenue to SEK 66.7m ($7.3m) for the second quarter of 2018. The supplier’s operating revenue rose to SEK 66.7m ($7.25m) between...
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Wednesday, 15th August 2018
Sports bettors in the US are more “affluent, younger, more diverse, and better educated,” according to a new study commissioned by the American Gaming Association (AGA). Data provider Nielsen...
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Wednesday, 15th August 2018
Punters in New Jersey placed just under $4m in the first full month of legal sports betting in the state. Meadowlands Racetrack and Ocean Resort took the largest share of the sports betting revenue, taking...
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Wednesday, 15th August 2018
Robin Reed, CEO of Gaming Innovation Group, speaks exclusively to Gambling Insider about the group's financial results for the second quarter of 2018 and future growth opportunities. GiG's revenue...
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Tuesday, 14th August 2018
Mybet is preparing an application for insolvency due to “imminent illiquidity.” The German operator has announced plans to file for insolvency by Friday, following unsuccessful talks with...
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Tuesday, 14th August 2018
Gaming Innovation Group (GiG) had an impressive Q2, as revenues increased 39% year-on-year to €36.9m ($42.1m). The Malta-based online gambling specialist had a busy quarter as it entered into the...
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Tuesday, 14th August 2018
A number of NetEnt games have gone live with Ocean Resort Casino in New Jersey. These games include popular video slots, and NetEnt will be launching its entire portfolio of online casino games with Ocean...
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Monday, 13th August 2018
Authentic Gaming has been granted a licence in Great Britain by the Gambling Commission. The supplier already provides products to UK-licensed operators like Leo Vegas, Mr Green and Kindred Group, and...
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Monday, 13th August 2018
The Stars Group has reported a 34.8% year-on-year increase in revenue for Q2. The operator earned $411.5m between April and June, compared to $305.3m for the same period last year. This took The Stars...
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Monday, 13th August 2018
Yggdrasil Gaming has entered the Czech Republic’s online gaming market through a new agreement with Tipsort. Fredrik Elmqvist, CEO, Yggdrasil, said: “As part of our long-term strategy we are...
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Monday, 13th August 2018
Sportsbook operator CG Technology has been fined $250,000 by the Nevada Gaming Control Board for accepting out-of-state wagers. The fine is the Las Vegas-based company’s third, with other sanctions...
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Monday, 13th August 2018
Universal Entertainment reported a 23.3% year-on-year increase in net sales up to ¥46.5m ($421,485) during the Q2 period. The company also reported a comprehensive income of ¥154.2m, a massive...
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Monday, 13th August 2018
West Virginia Lottery has granted licences to FanDuel and Penn National, allowing both to run sportsbooks in the state. Penn National owns Hollywood Casino Charles Town, and are expected to be the first...
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Monday, 13th August 2018
Caesars Entertainment Corporation’s Board has increased its share repurchase authorisation to $750m of the company’s outstanding stock. Mark Frissora, Caesars’ President and CEO, said:...
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Friday, 10th August 2018
Supplier Aruze Gaming is looking to “set the record straight” in defence of Kazuo Okada, the company’s founder, who was recently arrested in Hong Kong. Outlining that the concept of...
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Friday, 10th August 2018
Digital media company Independent Content Services (ICS) has launched a new sports betting feature on Alexa ahead of the new Premier League season. Amazon Alexa Skill, released through the ClubCall brand,...
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Friday, 10th August 2018
Golden Entertainment has recorded a rise in its second quarter revenue, rising from $110m to $216m for the three month period up to 30 June. Net income for the quarter totalled at $3.6m, doubling the...
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Friday, 10th August 2018
Catena Media has seen its revenues rise 73% over the last year, aided by acquisitions that have allowed them to enter new markets and various verticals. The Malta-based marketing and sales lead generation...
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Friday, 10th August 2018
Full House Resorts reported a 3% year-on-year increase on its net revenue to $41.2m forthe second quarter of 2018, with revenue growth across all establishments. The Silver Slipper Casino and Hotel was...
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Friday, 10th August 2018
Kindred Group has formally applied for an operating licence in Sweden. In an expected move, owner of operators Unibet and 32Red, is responding to a parliament vote in June to re-regulate Sweden’s...
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Thursday, 9th August 2018
Apple has been accused of accidentally removing applications from its App store in a bid to reduce its gambling content. A number of developers had found their apps taken down from the App Store and received...
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Thursday, 9th August 2018
Crown Resorts hailed a “solid performance” inits full-year results, reporting net profit after tax of A$326.7m ($242m). Normalised EBITDA across Crown Resorts reached A$878.3m ($651m), up...
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Thursday, 9th August 2018
Tabcorp Holdings has recorded a year-on-year revenue increase of 71% to AU$3.8bn ($2.8bn) for the year ended 30 June 2018. EBITDA saw a huge rise of 70% up to $529m, with NPAT up $28.7m compared to the...
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Thursday, 9th August 2018
Ladbrokes will have its license suspended in Belgium for 24 hours after breaching virtual betting laws. The operator will undergo the ban on 3 September, after the Gaming Commission ruled it had continued...
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Thursday, 9th August 2018
Italian Parliament has passed the proposal to ban gambling advertising with 155 votes in favour and 125 votes against on 7 August. Under this new regulation it will be illegal to advertise gambling products...
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Thursday, 9th August 2018
Century Casinos has reported a 6% year-on-year increase in net operating revenue totalling $39.6m in the Q2 period. Operations in Canada generated $15.3m in net operating revenue, the most during that...
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Thursday, 9th August 2018
Belarus is set to legalise online casinos after President Alexander Lukashenko singed a Corresponding Decree No. 305 on Tuesday, according to Belarusian news outlet BeITA. The new law will allow online...
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Wednesday, 8th August 2018
Eldorado Resorts has completed its $327.5m cash acquisition of the Grand Victoria Casino. Gary Carano, Chairman and CEO of Eldorado, called the Elgin, Illinois-based riverboat casino an “excellent...
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Wednesday, 8th August 2018
Fifa analysis of the 2018 World Cup has revealed betting turnover of $136bn for the tournament. The analysis, conducted in conjunction with supplier Sportradar, also found no signs of match manipulation...
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Wednesday, 8th August 2018
Casino operator Galaxy Entertainment Group (GEG) reported a 56% year-on-year increase in net profit for the first half of this year, to HK$7.2bn (US$920m).   Adjusted EBITDA for H1 saw an increase...
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Wednesday, 8th August 2018
Paddy Power Betfair reported a 4% year-on-year increase in profit before tax to £106m ($136.8m) for the first half of 2018. The company also reported a 5% increase in total revenue to £867m. Reported...
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Wednesday, 8th August 2018
Supplier Scientific Games has been ordered to pay $315m to a group of rival companies after losing a US antitrust case. A Chicago jury ruled Scientific Games owes damages of $105m, but this fee was automatically...
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Wednesday, 8th August 2018
In an update to investors, Everi Holdings has recorded a net income of $1.5m for the second quarter of the 2018 financial year. Revenues for the three months ending 30 June 2018 totalled at $119m, increasing...
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Tuesday, 7th August 2018
Wynn Resorts has appointed Phil Satre as its new Vice Chairman, as Daniel Boone Wayson prepares to step down as Chairman. The operator's Board of Directors plan to replace Wayson with Satre when...
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Tuesday, 7th August 2018
Supplier Sportcast has teamed up with operator Ladbrokes Australia to launch Multiverse – an accumulator betting product free of limitations. Multiverse, confirmed on Sportcast’s official...
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Tuesday, 7th August 2018
Landing International’s $1.5bn integrated resort development could be cancelled by Philippines President Rodrigo Duterte. Duterte is reportedly looking to cancel the Nayon Landing project in Parañaque...
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Tuesday, 7th August 2018
Delaware took $8.2m in sports betting wagers between 25 June and 29 July, Delaware became the first US state outside Nevada to implement full-scale sports betting on 5 June and it hasn’t looked...
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Tuesday, 7th August 2018
DraftKings has become the first sports betting operator to launch online sports betting in New Jersey, after a five-day soft launch was successful. DraftKings is working in partnership with Resorts Hotel...
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Tuesday, 7th August 2018
The 2018 Fifa World Cup led to a spike in sales for Taiwan’s sports lottery in June. The month’s figures showed total revenue of NT$5.06bn ($170m), up 73%. Looking at the bigger picture,...
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Monday, 6th August 2018
Supplier IGT will power retail sports betting at two Boyd Gaming casinos in Mississippi. Mississippi recently became the third US state to welcome legalised sports betting this year and IGT has taken...
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Monday, 6th August 2018
Kazuo Okada, one of Japan’s most prominent gaming industry executives, has been arrested in Hong Kong on corruption charges. The Hong Kong Independent Commission Against Corruption (ICAC) arrested...
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Monday, 6th August 2018
Casino operator Genting Singapore saw a 3% year-on-year increase in net profit for the second quarter of 2018, reporting S$177.6m (US$129.9m). Although the company made a profit in Q2, there was a 6%...
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Monday, 6th August 2018
The Stars Group has announced an extension of its current partnership with Resorts Casino Hotel in New Jersey, which will see online and mobile sports wagering on its BetStars platform. The extension...
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Monday, 6th August 2018
Crown Resorts will maintain its licence to operate the Crown Melbourne, following a review by regulators in Victoria, Australia. The Victorian Commission for Gambling and Liquor Regulation (VCGLR) was...
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Monday, 6th August 2018
After announcing US expansion plans last week, William Hill is looking to continue its expansion into the US gambling market after reporting the bookmaker is in early stage talks with Penn National Gaming.  The...
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Friday, 3rd August 2018
Kneeland C. Youngblood has been elected as a director of supplier Scientific Games. Youngblood will serve on the compensation committee and work on the compliance committee of the board. Youngblood is...
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Friday, 3rd August 2018
William Hill is expanding its US business after the UK fixed-odds-betting terminal (FOBT) maximum bet reduction impacted its H1 results An announcement regarding a major expansion in the US coincided...
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Friday, 3rd August 2018
Luckbox has become the first cryptocurrency-supported esports betting platform to secure a top-tier gambling licence in the Isle of Man. Real Time Games Holding, the company behind Luckbox was awarded...
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Friday, 3rd August 2018
Boyd Gaming has partnered with fellow operator FanDuel to launch sports betting and online gaming ventures across the US. The terms of the agreement will give Boyd access to FanDuel’s sportsbook...
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Thursday, 2nd August 2018
MGM Resorts International’s operating income at domestic resorts dropped 13% year-on-year to $449m for the second quarter of 2018. Net revenue at domestic resorts did increase by 3% to $2.2bn, with...
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Thursday, 2nd August 2018
Wynn Resorts’ financial results for Q2 show a 9% year-on-year growth to $1.6bn. Operating revenue for the first half of the year was up 13% to $3.3bn. Net income increased drastically to $155.8m,...
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Thursday, 2nd August 2018
DraftKings has become the first operator to offer mobile sports betting in the US outside Nevada, as its Kambi-powered app is now live in New Jersey. The achievement by the US-based operator signifies...
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Thursday, 2nd August 2018
Scientific Games reported a 10% year-on-year revenue increase for the second quarter of 2018, to $844.7m However, gaming and lottery revenue saw a $10m negative impact after Scientific Games implemented...
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Thursday, 2nd August 2018
Mississippi has become the third state to welcome legalised sports betting this year, 26 years to the day after the first casino bet was made in the Magnolia state. Two casinos owned by MGM, the Beau...
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Wednesday, 1st August 2018
The Gambling Commission has outlined plans to implement tougher punishments on breaches of advertising and consumer laws from 31 October. Once the new rules come into place, it will be easier for the...
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Wednesday, 1st August 2018
Macau casinos' gross gaming revenue increased by 10% year-on-year for July. Last month’s results mark two years of consecutive year-on-year revenue growth in China’s only hub for legal casino...
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Wednesday, 1st August 2018
Melco Resorts & Entertainment will become the first operator in Macau to build an esports stadium. In partnership with Kowloon E-Stadium, the operator announced it will be constructing the Macau Estadium,...
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