× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine
GGA 2019 AffiliateCon

Financial News

16th October
Casino win falls in New Jersey for September
Total gaming revenue rose once again in New Jersey for the month of September, growing 8% year-on-year to $303.5m. However, casino win...
15th October
Rank’s Q1 revenue climbs 8%, operator praises Grosvenor performance
Rank Group saw its gross gaming revenue rise 8% year-on-year for Q1 of 2019/20. Its digital sector saw the highest growth, rising...
15th October
Whistleblowers claim Crown Casino used for money laundering
CCTV footage from Melbourne’s Crown Casino shows more than AU$100,000 (US$67,665) being exchanged for high-value casino chips in an alleged incident...
14th October
Gambling, tobacco and alcohol companies not allowed to sponsor London Stadium
Gambling, tobacco and alcohol companies will not be able to sponsor the London Stadium, with the London Legacy Development Corporation (LLDC)...
14th October
Iowa sports betting generates $5m for September
Sports betting generated revenue of $5m in Iowa for September, an increase of 127% from the previous month. Total handle rose from...
7th October
FDJ's revenue up 7% for year's first nine months
La Française des Jeux (FDJ) saw its revenue rise 7% year-on-year to €1.4bn ($1.5bn) during the first nine months of the...
3rd October
Paf reduces yearly loss limit despite projected €2m revenue drop
Paf has cut its annual loss limit, the maximum value a player can lose in a year, by €5,000 ($5,493) to...
3rd October
British racing must plan for no-deal, says Brexit Steering Group
Horseracing has been informed by British racing's Brexit Steering Group it must begin to make plans for how the sport can...
2nd October
GAN Q3 results exceed expectations, rising to $80.9m
GAN grew its Q3 gross operator revenue by 203% year-on-year to $80.9m, with the supplier attributing this growth to expansion in...
2nd October
Analyst: Flutter – Stars Group synergy projections "aspirational at best"
Julian Buhagiar, Co-founder of RB Capital, has warned investors to expect a slow transition after Flutter Entertainment and Stars Group announced...
1st October
Macau casinos end two-month decline with marginal September growth
A tumultuous year for Macau casinos continued in September as the gambling hub's gross gaming revenue (GGR) grew 0.6% year-on-year for...
27th September
Nevada gaming revenue up 4% to $952.4m for August
Total gaming revenue in Nevada rose 4% year-on-year to $952.4m for August, the state’s third straight monthly increase following five months...
27th September
Smarkets revenue and profit fall significantly for 2018
Betting exchange operator Smarkets has published its 2018 financial report in late September, despite the trading period coinciding with the calendar...
24th September
H1 revenue drops 10% at XLMedia amid shifting regulatory headwinds
XLMedia reported revenue of $42.5m for H1, a 10% decrease year-on-year, which it attributes to regulatory changes in key markets. Gross profit...
17th September
Pennsylvania gaming revenue up 6% to $293.4m for August
Figures released by the Pennsylvania Gaming Control Board (PGCB) show total revenue from gaming and fantasy contests grew 6% year-on-year to...
17th September
Blackstone in talks to buy and lease back Bellagio and MGM Grand
Blackstone Group is reportedly in talks to buy and lease back the Bellagio and MGM Grand from MGM Resorts International. Bloomberg suggests...
16th September
Iowa sports betting makes $2.2m revenue in first 17 days
After authorising sports wagers on 15 August, Iowa went on to generate $2.2m in sports betting revenue for the month. The Hawkeye...
13th September
August sees New Jersey continue its strong gaming revenue run
As analysts look towards the New Jersey sports betting market as a long-term candidate for biggest in the world, the Garden...
10th September
NetEnt share price soars as market backs Red Tiger acquisition
Market confidence in Swedish gaming supplier NetEnt has risen considerably following its £220m ($272.1m) acquisition of Red Tiger Gaming. After last week’s announcement,...
10th September
888 share price dips, as UK revenue grows but profit declines
The share value of 888 has fallen after its H1 report, which showed group revenue rose 2% year-on-year, to $277.3m, but...
9th September
Bernstein Research: VIP players drive 70% of Macau gaming market
A group consisting of between 300,000 and 400,000 individual VIP and premium players contributes 70% of Macau’s gross gaming revenue, according...
5th September
Veikkaus to focus on digital as Q2 revenue drops
Veikkaus’ Q2 gross gaming revenue fell 4% year-on-year, to €844.3m ($933.3m), with a total profit of €501.4m, a 1% decrease. Total turnover...
5th September
Philip Bowcock to step down as William Hill CEO
William Hill today announced Philip Bowcock will depart his roles as CEO and a company director with effect from 30 September. The...
2nd September
Macau casinos suffer biggest GGR fall of 2019 for August
Gross gaming revenue (GGR) in Macau fell 9% year-on-year for August, to MOP24.26bn ($2.99bn), representing the region’s biggest percentage drop in...
29th August
Retired police officer jailed for illegal $12.9m betting scheme in Hong Kong
So Wing-Yui, 72, has pleaded guilty at a Hong Kong court to one count of booking and seven further counts of...
27th August
Singapore police confiscate $260,000 from 62-year-old aiding illegal bookmaker
Singapore authorities have received an order from the High Court to take possession of almost S$260,000 (US$187,239) from a 62-year-old man...
22nd August
Rank Group announces small revenue fall, while digital growth continues
The Rank Group has announced a 0.25% fall in year-on-year group revenue to £729.5m ($885.1m) for the six months ending 30...
22nd August
Exclusive: Playtech CEO defends net profit drop and updates on US plans
Gambling Insider caught up with Playtech CEO Mor Weizer following the announcement of the supplier's H1 results. Revenue increased 69% to...
22nd August
Snaitech acquisition boosts Playtech H1 revenue
Playtech reported a 69% year-on-year growth in revenue year-on-year to €736.1m ($817.4m) for H1 2019. Italian operator Snaitech was the group’s standout...
21st August continues on growth trajectory as Q2 revenue improves Group generated revenue of €4.4m ($4.8m) for Q2, a 17% increase year-on-year, which the affiliate describes as being all organic. This...
Gaming Industry Conferences (22:37)
The role of gambling media (27:11)
What is the role of a Gambling regulator? (29:09)
The Future of Gambling Sponsorship in Sport (30:50)