Swedish casino games developer NetEnt has reported a 8.9% year-on-year increase in 2018 revenue, though increased costs saw profit decline in the fourth quarter of the year. Chief executive Therese Hillman has challenged the business to ramp up organic earnings growth in the year ahead.
New Jersey Attorney General Gurbir Grewal and his Pennsylvania counterpart Josh Shapiro have attacked the Department of Justice’s (DoJ) decision to revise its interpretation of the Wire Act and suggested that the department was influenced by anti-iGaming lobbyists.
Sports betting solutions provider Metric Gaming has agreed a joint venture with Swedish igaming operator Bethard Group that will see the partners provide a B2B solution for the US betting and gaming market.
US casino operator Eldorado Resorts has completed its deal to secure a $50m equity stake in William Hill, and 20% stake in its William Hill US subsidiary, as part of the companies’ 25-year US-focused sports betting partnership.
Igaming platform and software provider GAN has said that it expects revenue for 2018 to come in ahead of market expectations after the business was boosted by a strong performance in the second half of the year.
Nevada’s regulators have ratified William Hill’s launch of seven new sportsbooks and amended sports betting regulations to allow for the possibility of taking wagers from other US states in the future.
West Virginia may follow up last year’s legalisation of sports betting with the regulation of online poker and casino, should a new bill filed by Representatives Shawn Fluharty and Joe Canestraro pass into law.
Nevada’s new Democratic Governor Steve Sisolak has appointed Sandra Douglass Morgan as the chair of the Nevada Gaming Control Board (NGCB). Las Vegas native Morgan currently serves as director of external affairs for US telecommunications giant AT&T in the southern Nevada region.