Daily news

  • daily_news

    Rhode Island’s sports betting market saw revenue soar in January 2020 thanks to a strong performance from the Twin River casino in Lincoln.

  • daily_news

    Gambling.com Group saw a tightening of adjusted earnings during 2019 as it contended with declining takings in the UK and Sweden and changes to Google's search algorithms.

  • daily_news

    Spain’s online gambling market saw gross gaming revenue (GGR) grow 7.1% year-over-year to €748.5m (£638.5m/$821.5m) in 2019, despite the year concluding with a decline in fourth quarter revenue.

  • daily_news

    Regulatory challenges in Sweden led to 500.com’s revenue falling by two thirds during 2019, with the group’s woes continuing into 2020.

  • daily_news

    Fantasy sports solutions provider Scout Gaming said its long-term strategy is paying off as revenue and new client sign-ups grew in 2019, though losses for the year increased.

  • daily_news

    Spanish and Latin America-facing gaming operator Codere has reported a 5.9% year-on-year decline in revenue for 2019, after growth in European markets was offset by a currency fluctuations hitting the contribution from its Argentinean business.

  • daily_news

    Churchill Downs Incorporated’s net revenue for 2019 increased 33.0% to $1.33bn, thanks mostly to the building and acquisition of new casinos, though this expansion also weighed on the operator's bottom line.

  • daily_news

    A strong performance in the UK and Australia helped The Stars Group to big gains in 2019. The PokerStars owner reaped the benefits of the acquisitions of UK-facing Sky Betting & Gaming and Australia’s BetEasy as it posted a 24.6% year-on-year increase in revenue and 17.9% rise in adjusted EBITDA.

  • daily_news

    Flutter Entertainment has reported a 14.3% year-on-year increase in revenue for 2019, with growth in the US and Australia offsetting declines in its online sports betting and retail businesses.

  • daily_news

    Playtech suffered a net loss in 2019 despite a strong performance by its Italian B2C business Snaitech.

  • daily_news

    Casino table games developer and distributor Galaxy Gaming has agreed a deal to purchase Progressive Games Partners (PGP) for $12.4m (£9.6m/€11.4m).

  • daily_news

    Webis Holdings, parent company of WatchandWager, saw turnover - defined as total wagers minus winnings - increase to $8.1m (£6.2m/€7.1m) for the six months to 31 December 2019, and losses decline as it hopes to bounce back from the loss of a major customer in late 2018.

  • daily_news

    Sports betting operator PointsBet said that increased spending on expansion efforts in both Australia and the US led to it reporting a net loss of AUD$32.3m (£16.4m/€19.5m/US$21.2m) for the first half of its financial year.

  • daily_news

    Caesars Entertainment Corporation (CEC) reported a slight increase in revenue for 2019, though fair value changes in its convertible notes led to the operator posting a $1.20bn net loss for the year.

  • daily_news

    The British Columbian government has commenced its inquiry into money laundering in the Canadian province, with a focus on identifying possible links with the gambling sector.

  • daily_news

    UK racecourse operator the Arena Racing Company (ARC) has purchased the Nottingham Greyhound Stadium, a member of the  British Afternoon Greyhound Service (BAGS) and the home of the English Greyhound Derby.

  • daily_news

    Troubled sports betting operator Addison Global’s brand MoPlay, which had its licence suspended by regulators in both Gibraltar and Great Britain last week, has stopped paying out customer withdrawals and announced the business is insolvent.

  • daily_news

    National Australia Bank (NAB) has become the first bank in the country to offer customers the option to block gambling transactions via its mobile application.

  • daily_news

    Net Gaming Europe has reported a year-on-year drop in revenue and profit in 2019, with chief executive Marcus Teilman saying the introduction of new local regulations across Europe had made for a challenging year for the online gaming affiliate business.

  • daily_news

    Sweden’s AB Trav och Galopp (ATG) posted the highest full-year revenue in the company’s history in 2019, though a decline in its core racing vertical and Sweden’s new gaming taxes hit operating profit for the year.

Pages