Online sports betting operator 1xBet has set out plans to further enhance its presence in the Latin American market after it secured a full licence from the Dirección General de Juegos y Sorteos (DGJS) of the Mexico's Ministry of the Interior.
888 Holdings has reported a rise in customer activity across its casino and poker services, but the online gambling operator warned its sports betting business is likely to suffer as a result of cancelled events worldwide.
Sportech has said that impairment costs related to a sports bar asset in Stamford, Connecticut, in the US meant losses widened in 2019, but the betting technology provider was able to report a year-on-year increase in total revenue.
Bosnia-based igaming solutions provider NSoft has announced that it will offer its portfolio of virtual and draw-based games free of charge to help operators mitigate the impact of novel coronavirus (Covid-19) on their businesses.
Norway’s gaming authority will allow bingo halls to operate in an online-only capacity, suspending regulations that require a physical draw to take place, as part of measures to mitigate the impact of the novel coronavirus (Covid-19) on the sector.
Ladbrokes Coral and bwin.party operator GVC Holdings has estimated that the suspension of all horse racing in the UK until the end of April will lead to an earnings decline of £20m-£25m, on top of yesterday’s (16 March) reduced earnings guidance.
William Hill has announced that it expects a material impact on revenue and earnings from the novel coronavirus (Covid-19) pandemic, and has therefore suspended its 2019 dividend to retain financial resources within the business.
Bulgarian operator National Lottery AD has handed back its operating licence to Bulgarian State Commission on Gambling, prompting Kambi to temporarily suspend sports betting service contract with the operator.
A meeting of Germany’s heads of state in Berlin saw lawmakers approve gambling regulations to legalise online poker and casino from 1 July, 2021, as well as deciding on the location of the country’s new regulatory authority.
The New Jersey Division of Gaming Enforcement (NJDGE) has reported a year-on-year increase in revenue across all market sectors in February, despite the sports betting sector reporting a significant month-on-month decline.