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Gambling News Archive

Monday, 31st August 2020
Some casinos in Manila, the Philippines, have been granted permission to resume operations at 30% capacity. The affected casinos include integrated resorts in Entertainment City and City of Dreams Manila. A...
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Monday, 31st August 2020
Suncity Group Holdings Limited has reported H1 revenue of RMB93.7m ($22.5m), a 70% decline year-on-year. The operator said: “The decrease was mainly attributable to the decrease in revenue from...
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Monday, 31st August 2020
Dominik Beier will be leaving his role as speaker of the board (equivalent to CEO) at operator Interwetten. The exectuive has said he holds "different views on how to position and develop the company,"...
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Friday, 28th August 2020
The Malta Gaming Authority (MGA) has announced it has entered into a Memorandum of Understanding (MoU) with the Dutch Gambling Authority (KSA) to prevent illegal gambling activity. The agreement will...
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Friday, 28th August 2020
SiGMA Group has postponed its SiGMA Europe summit until 16-18 February 2021. The trade show was originally scheduled to be held on 17-19 November 2020, in Malta. However, the decision to delay the event...
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Friday, 28th August 2020
Playtech announced it is exploring the potential sale of its trading technology division TradeTech. While the FTSE 250 group confirmed in a regulatory update that it had been talking with several...
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Friday, 28th August 2020
The Gambling Commission has begun the process to award the UK’s fourth National Lottery licence with key changes outlined. The successful licensee will now be awarded with a 10-year fixed term licence,...
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Friday, 28th August 2020
BetMGM, the betting brand owned jointly by MGM Resorts and GVC Holdings, has announced the launch of BetMGM Casino in West Virginia. The dedicated tab within the BetMGM Sports West Virginia mobile app...
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Friday, 28th August 2020
NagaCorp Ltd announced the financial results for the six months that ended on June 30, 2020. Gross Gaming Revenue (GGR) for H1 was $372m, compared to $872,4m year-on-year. EBITDA was S$88.7m, net profit...
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Friday, 28th August 2020
Churchill Downs Incorporated has partnered with Kambi and GAN to provide sports betting and online gaming content for its BetAmerica brand. Following on from its recent expansion with LeoVegas, Kambi...
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Friday, 28th August 2020
PointsBet has inked a multi-year media partnership with broadcasting and entertainment company NBCUniversal in a deal worth nearly $400 million. As part of the five-year agreement, PointsBet will become...
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Thursday, 27th August 2020
Betfred has offered to buy Phumelela in a deal worth up to ZAR925m ($54.8m) that would see it acquire all of the South African horseracing operator’s assets. The operator’s offer includes...
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Thursday, 27th August 2020
Paradise Entertainment Limited experienced a loss of HKD111.3m ($14.5m) for H1 2020 ending on 30 June, a decline from a profit of HKD23.7m reported in 2019. The Group’s revenue was KHD177.3m, almost...
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Thursday, 27th August 2020
Malaysia’s RGB International Bhd announced the financial results for Q2 2020. The Group’s revenue was MYR14.4m, a 74% drop from MYR55.1m in 2019. During the first six months of 2020, the group...
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Thursday, 27th August 2020
Gaming Realms has formed a new agreement with Rush Street Interactive which will see the supplier offer its portfolio in the state of Pennsylvania. The multi-state direct-integration agreement builds...
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Thursday, 27th August 2020
Flutter Entertainment's reported H1 revenue rose 49% year-on-year, to £1.52bn ($2.01bn), while its pro forma revenue grew 22% to £2.39bn (at constant currency). Adjusted EBITDA was also up...
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Thursday, 27th August 2020
China’s Ministry of Culture and Tourism has announced a new blacklist system for cross-border gambling tourist destinations, preventing Chinese citizens from travelling to these locations. Established...
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Thursday, 27th August 2020
The Betting and Gaming Council (BGC) has unveiled tough new measures to further prevent under-18s from seeing online gambling adverts. In what will be its Sixth Industry Code for Socially Responsible...
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Wednesday, 26th August 2020
SkyCity Entertainment Group Limited expects to reopen its Auckland property on August 31. Currently, due to the COVID-19 outbreak, the New Zealand government stated Auckland remains at Alert Level 3 for...
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Wednesday, 26th August 2020
Imperial Pacific International Holdings expects to reduce its H1 year-on-year losses by 50%. The prediction comes in light of venue closures due to the pandemic, meaning the company could reduce its operational...
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Wednesday, 26th August 2020
Vietnam’s eight operational casinos generated a combined revenue of US$107.4 million in 2019, up 60% from the previous year. Five of the casinos are located in the north, two in the central region...
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Wednesday, 26th August 2020
Leading horseracing bodies have agreed a recovery plan for British racing that aims to restore revenues and resume in front of spectators after the sport was impacted by the coronavirus. The British Horseracing...
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Wednesday, 26th August 2020
Four gambling operators have been running 70 betting ads across eight websites allegedly accessible by minors, according to the Advertising Standards Authority's (ASA) latest report on age-restricted advertising. The...
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Tuesday, 25th August 2020
Kambi has agreed an extension to its partnership with LeoVegas, seeing LeoVegas brands like BetUK and 21.co.uk move onto its sportsbook. The sports betting supplier has been powering the LeoVegas sportsbook...
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Tuesday, 25th August 2020
Southampton Football Club has announced that Sportsbet.io has become the club’s front-of-shirt sponsor for the 2020/21 season. The cryptocurrency-based sports betting platform has signed a one-year...
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Tuesday, 25th August 2020
Industry giant Scientific Games will sponsor the Property of the Year Award at the Global Gaming Awards Las Vegas 2020. The Awards, in their seventh year but going virtual for the first time due to the...
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Tuesday, 25th August 2020
Summit Ascent Holdings Ltd reported revenue of HKD96m for H1 2020, a 63% drop from HKD257m for the same period last year, mostly due to the COVID-19 pandemic and global restrictions. The company’s...
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Tuesday, 25th August 2020
Portugal’s regulatory body the Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) published the results of licensed online gambling for the first...
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Tuesday, 25th August 2020
Las Vegas-based Galaxy Gaming has closed its $12.4m acquisition of all Progressive Games Partners’ equity interests, a deal expected to incrementally grow earnings per share. Having been operational...
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Tuesday, 25th August 2020
Better Collective generated revenue of €15.3m($18m) for Q2 2020, a drop of 4% year-on-year. The sports betting media company attributed the decline to the halt of major sports events from mid-March...
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Tuesday, 25th August 2020
Three months devoid of any brick-and-mortar revenue saw Atlantic City’s casinos dive to a US$112 million second quarter (Q2) gross operating loss, compared to an operating profit of nearly $160 million...
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Monday, 24th August 2020
Scientific Games has launched its sports betting product suite with the National Lottery in the Netherlands. Already a long-term partner of the supplier and member of the World Lottery Association, Nederlandse...
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Monday, 24th August 2020
Churchill Downs Incorporated has announced its Kentucky Derby horseracing event will take place without a crowd next month, for the first time in the race’s history. The race had already been rescheduled...
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Monday, 24th August 2020
Police have arrested 153 people during raids on 22 illegal gambling dens on Hong Kong Island in the Southern area of Hong Kong. The raids, codenamed operation Arrowhorn, were launched on 10 August after...
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Monday, 24th August 2020
Amid the COVID-19 pandemic, Macau’s second quarter has experienced dramatic losses across the board, with gaming and other tourism services down by 97.1% and 93.9% respectively, contributing to a...
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Monday, 24th August 2020
Software developer Playtech has partnered with leading UK chain Buzz Bingo to launch slot tournaments, giving players an opportunity to compete against each other for prizes. Available on the Buzz Bingo...
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Friday, 21st August 2020
Welsh first minister Mark Drakeford has announced changes to COVD-19 restrictions in the country, which will see the nation’s casinos reopen from August 29. Wales currently has four casinos employing...
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Friday, 21st August 2020
While Scotland will remain in Phase 3 of lockdown, First Minister Nicola Sturgeon has announced that bingo halls, amusement arcades, casinos and pool halls can reopen from 24 August subject to strict guideline...
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Friday, 21st August 2020
Indiana sports betting made a dramatic comeback in July, with $70.9 million in total betting handle, or a 138% increase over June’s wagers of $29.8 million, according to the Indiana Gaming Commission. The...
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Friday, 21st August 2020
SkyCity Entertainment Group has reduced its reported earnings guidance for the fiscal year following the impairment in the value of its Adelaide casino. The New Zealand casino operator stated its normalised...
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Friday, 21st August 2020
Macau Legend Development has issued a profit warning, stating an expected loss of HKD490m ($63.2m) for the first half of 2020. The prediction is currently unaudited, though it remains a significant drop...
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Friday, 21st August 2020
Melco Resorts & Entertainment Limited has annouced Q2 operating revenue was $180m, an 88% drop from $1.5bn for the same period in 2019. The fall in revenue was attributed to “softer performance...
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Friday, 21st August 2020
GAN has reported a 99% year-on-year rise in Q2 revenue to $8.3m. And yet this was not the main headline investors took from the supplier's financial report, with GAN announcing it will no longer be working...
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Friday, 21st August 2020
Casino supplier Synergy Blue will sponsor the Digital Product of the Year Award at the Global Gaming Awards Las Vegas 2020. The Awards, in their seventh year but going virtual for the first time in their...
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Thursday, 20th August 2020
Coventry City Football Club has announced BoyleSports as its principal partner for the upcoming 2020/21 season. The agreement will see the Irish bookmaker become the main sponsor for the club, with its...
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Thursday, 20th August 2020
Scientific Games and the Minnesota Lottery have extended their existing four-year contract to help drive funding for the environment, education and health services in the state for an additional two...
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Thursday, 20th August 2020
Clarion Gaming announced Tuesday that the third instalment of Africa’s gambling exhibition and conference, known as ICE Africa, will be fully digitised.   Set...
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Thursday, 20th August 2020
The Betting and Gaming Council (BGC) has urged UK Chancellor Rishi Sunak to protect the region’s high end casinos by modernising current payment regulations. The industry body has released a statement...
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Thursday, 20th August 2020
Dream11 has been named as the title sponsor of the Indian Premier League (IPL) for the upcoming 2020 season. The online fantasy gaming platform won the rights after bidding INR 222 crore ($29.7m approx.)...
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Thursday, 20th August 2020
IGT has announced a new long-term sports betting technology partnership with casino operator Boyd Gaming. Through the deal, IGT will provide its PlaySports platform for Boyd Gaming’s retail sportsbook...
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Thursday, 20th August 2020
Despite the slowly re-opening land-based industry, online casinos remain the most profitable aspects of the US gaming industry at present. According to a report from CDC Gaming Reports, the states where...
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Thursday, 20th August 2020
Star Entertainment Group's net revenue was AUD1.5bn (US$1.1bn) for its financial year ending 30 June 2020, a 31% drop year-on-year. EBITDA fell 49%, leaving the group with AUD282m, while gross revenue...
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Thursday, 20th August 2020
Bristol City Football Club has confirmed sports betting operator MansionBet as its principal partner. The deal will see MansionBet sponsor the team's home, away and third kits, while the company will...
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Wednesday, 19th August 2020
Gambling giant Crown Resorts revealed on Wednesday that its full-year net profit tumbled 80% to $79.5 million due to widespread COVID-19 shutdowns, with ASX figures showing a decrease in revenue of 26%...
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Wednesday, 19th August 2020
Global sports betting content hub and innovation studio IMG Arena has added a six-month extension to its live streaming partnership with Brazil’s highest tier of professional basketball,...
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Wednesday, 19th August 2020
Tabcorp has posted a net loss of AU$870m (US$632.4m) for the 2019/20 fiscal year, as revenue also fell with business operations heavily impacted by the coronavirus pandemic. The significant statutory...
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Wednesday, 19th August 2020
Wynn Macau has announced it will be offering additional notes to investors, which are to be “consolidated and form a single series” with the $750m unsecured notes that were offered in June. Currently,...
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Wednesday, 19th August 2020
MJC Investments Corp, promoter for the Winford Hotel and Casino, has reported a loss of PHP185.2m ($3.8m) for Q2. For the same period the previous year, the Manila-based operator reported a loss of PHP159.3m. Q2...
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Wednesday, 19th August 2020
Payments provider Global Payments will sponsor the Land-Based Industry Supplier of the Year Award at the Global Gaming Awards Las Vegas 2020. The Awards, in their seventh year but going virtual for the...
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Wednesday, 19th August 2020
Affiliate Catena Media saw operating revenue grow 9% year-on-year for H1, to €54.5m ($65m). With land-based revenue down across the board for Q2, online gaming firms have shown no such effects...
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Wednesday, 19th August 2020
Having reopened 35 of its venues across England, Rank Group-owned Grosvenor Casinos has relaunced cash poker games at the Poker Room at Grosvenor Casino The Vic. From 19 August, cash poker will also be...
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Tuesday, 18th August 2020
State-owned gambling operator Svenska Spel will partner with the Swedish Ice Hockey Association and Swedish Esports Association (SESF) as sponsor to the 2020 Swedish eHockey Championship, scheduled to...
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Tuesday, 18th August 2020
A study by psychology researchers at Nottingham Trent University (NTU) in England has found that gambling at high speed reduces self-control among players. The study saw 50 non-problem gamblers play on...
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Tuesday, 18th August 2020
Online casino and sportsbook operator Casumo has completed its first acquisition after finalising a deal to buy CasinoSecret. Founded in 2018, Malta-based CasinoSecret operates under an MGA license and...
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Tuesday, 18th August 2020
By order of President Rodrigo Duterte, the National Capital Region in the Philippines will be easing its COVID-19 lockdown status, from modified enhanced community quarantine to general community quarantine. However,...
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Tuesday, 18th August 2020
Landing International Development Limited has warned of a possible consolidated revenue drop for the first half of 2020, ending on June 30. The predicted decline should be 25% year-on-year, with the group...
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Tuesday, 18th August 2020
Pennsylvania's sportsbooks saw handle of $165m for July, an 85% increase on June's sports wagering handle. Revenue also rose to $8.1m, up 22% month-on-month. On an annual basis, Pennsylvania handle almost...
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Tuesday, 18th August 2020
IGT has signed a two-year contract extension with the New York Lottery through its subsidiary IGT Global Solutions Corporation. The deal furthers the current agreement between the two parties until 6...
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Monday, 17th August 2020
Betfred has extended its title sponsorship of the World Snooker Championship until at least 2022. The operator and WST, the commercial entity for professional snooker events, renewed its partnership on...
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Monday, 17th August 2020
While casinos across the UK were permitted to reopen on Saturday, new government regulations prohibit players from touching their cards in a bid to reduce the potential spread of COVID-19. While upwards-facing...
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Monday, 17th August 2020
Operator Spartan Poker has extended its five-year partnership with Connective Games to power the newly launched India-facing poker brand Blitzpoker. A collaboration involving American actor and Instagram...
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Monday, 17th August 2020
Sportradar has announced the launch of a tool designed to support sports organisations safeguard professional athletes from social media abuse. The tool will be available to all sports federations, leagues...
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Monday, 17th August 2020
Melco Resorts and Entertainment has announced a net loss of nearly PHP2.4bn ($49.5m) for Q2 2020. It’s a massive fall from a net profit of PHP1.1bn the previous year. The group stated the decline...
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Monday, 17th August 2020
Resorts World Manila, operated by Travellers International Hotel Group, has announced a net loss of PHP3.7bn ($75.9m) for the first six months of 2020, compared to a profit of PHP845m for the corresponding...
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Monday, 17th August 2020
Dr Andreas Blaue, executive board member of the German Association for Telecommunications and Media (DVTM), believes Germany’s proposed affiliate marketing ban will not benefit a "good working gambling...
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Friday, 14th August 2020
Following the UK Government’s decision to let English casinos reopen tomorrow following a last-minute two-week delay pushed through on 31 July, the Hippodrome in the heart of London’s West...
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Friday, 14th August 2020
DraftKings saw revenue of $70.9m for the second quarter of 2020, a rise of 24% year-on-year. Adjusted EBITDA saw a loss of $57.5m for the same period, a further drop from the loss of $21.1m experienced...
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Friday, 14th August 2020
Concerns over increasing COVID-19 cases led the Massachusetts Gaming Commission to reject requests by casino operators to offer tournament poker, roulette and craps as...
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Friday, 14th August 2020
Sky Sports Racing have extended its broadcast rights agreement with Ascot Racecourse, a renewal that will see the sporting channel showcase Ascot’s 25 annual fixtures until 2024. Initially signed...
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Friday, 14th August 2020
Japan’s Pixel Companyz Inc announced it will partner with Groupe Partouche SA, a French casino operator, to bid for a casino resort license in Japan. Pixel Companyz is engaged in a variety...
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Friday, 14th August 2020
As English casinos hope the UK Government does not produce another last-minute U-turn before their scheduled reopening on 15 August, Rank Group's director of public affairs, David Williams, has urged the...
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Friday, 14th August 2020
English casinos have been permitted to reopen from 15 August; two weeks later than was initially planned by the UK Government. Casinos have remained shut in England since late-March as a result of the...
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Friday, 14th August 2020
Bloomberry Resorts Corp announced financial results for Q2 2020. The group’s gaming revenue was PHP327.7m, a drop compared to PHP9.6bn in 2019. The group recorded a PHP4.7bn net loss, a massive drop...
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Friday, 14th August 2020
GambleAware CEO Marc Etches has announced that he will step down from his role in March 2021. Etches will leave after nearly 10 years as CEO, assuming the role in July 2011 after six years as managing...
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Thursday, 13th August 2020
Poker provider Connective Games will sponsor the Digital Operator of the Year Award at the Global Gaming Awards Las Vegas 2020. The Awards, in their seventh year but going virtual for the first time in...
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Thursday, 13th August 2020
The organisers of G2E Asia and G2E Asia @ the Philippines have announced the postponement of the two industry events until 2021, due to the impact of the coronavirus pandemic. The American Gaming Association...
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Thursday, 13th August 2020
The continued delay of reopening casinos in the UK is a “blessing in disguise”, according to a gambling industry analyst. With the coronavirus pandemic forcing casinos shut in late-March,...
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Thursday, 13th August 2020
Sports Information Services (SIS), a multi-channel supplier of betting products, has for the first time secured streaming rights for the 2020 Irish Greyhound Derby across both online and retail channels. Expanding...
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Thursday, 13th August 2020
A casino shutdown of over three months cost Pennsylvania brick-and-mortar casino operators $968.8 million in operating revenue, equating to approximately $424 million in gaming taxes, according to the...
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Thursday, 13th August 2020
Despite an online growth, GVC Holdings has reported a year-on-year revenue decline of 11% for H1 2020 after the coronavirus pandemic impacted on live sport and retail during the period. Total revenue...
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Thursday, 13th August 2020
New Jersey’s casinos and horse tracks recorded earnings of $264.5m in July, a 21% decline compared to the same period a year ago. The state Division of Gaming Enforcement released data that showed...
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Thursday, 13th August 2020
Galaxy Entertainment Group Ltd revealed financial results of Q2 2020. The group’s net revenue was $1.2bn, a 91% drop compared to 2019. It’s also 77% less than revenue in Q1 when it was...
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Thursday, 13th August 2020
LeoVegas CEO Gustaf Hagman has praised his company’s ability to produce continued growth despite “exceptional circumstances” amid the COVID-19 pandemic. The operator saw revenue of €110.7m...
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Wednesday, 12th August 2020
Virginia Lottery has released its full draft of sports betting regulations for public comment, incorporating the application process previously released on 15 July and a ‘Sports Bettor’s Bill...
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Wednesday, 12th August 2020
SkyCity Entertainment Group has announced it has temporarily closed its casino property in Auckland in response to new coronavirus restrictions being implemented by the New Zealand government. Four new...
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Wednesday, 12th August 2020
President Trump’s ban on Chinese social messaging giant WeChat for “undermining national security” could have unintended consequences for American business interests in Macau, according...
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Wednesday, 12th August 2020
Matchbook says the Gambling Commission’s lifting of its license suspension is the “culmination of many months of hard work and investment.” In February, operator Triplebet, which runs...
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Wednesday, 12th August 2020
Summit Ascent Holdings announced it expects a loss “of not more than HKD50m for the six months ended 30 June 2020”. Unaudited consolidated revenue is predicted to drop by approximately 63%....
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Wednesday, 12th August 2020
BetMGM has agreed a multi-year sports betting partnership with NASCAR to become the body’s authorised gaming operator. The deal gives the operator, a joint venture between MGM Resorts and GVC Holdings,...
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Wednesday, 12th August 2020
Kangwon Land Inc, the only South Korean casino catering to domestic players, reported a net loss of KRW45.6bn ($38.4m) for Q2. While this is an improvement on the KRW156.1bn loss in Q1, it’s still...
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