France's Pari Mutuel Urbain (PMU) recorded a 0.2% rise to €1.87bn in gross gaming revenues for the nine month period to the end of September and strong progress in its international activities, although its land-based business in France continued
Igaming generated a global gross win of €26.7bn in 2012, an increase of 7,2% on 2011 and is set to record a global gross win of €26.7bn in 2013, industry figures published by IGB data partner H2 Gambling Capital reveal.
Online poker’s slide in European markets continued as Denmark Gambling Authority (SKAT) published second quarter 2013 figures showing a DK5m drop in gross gaming revenues, to DK50m from DK55m in the first quarter of the year.
Financial analyst Davy Stockbrokers has rated shares in Irish bookmaker Paddy Power as “overvalued” due to the “competitive and tax-related headwinds” that the group is likely to face in the medium-term.
William Hill will stop taking bets from China “for regulatory reasons”, the bookmaker informed its affiliates this week. The operator added that it would also no longer be taking bets from online gamblers based in Macau, Hong Kong and Taiwan.
Online gambling and betting provider mybet Holding has posted a three-per-cent increase in revenue to €34.9 million ($45.4 million) for the first half of the year – due in part to the strong performance of its Sports Betting and Casino & Poker segments.
UK bookmaker William Hill is to consider legal action against a proposed new online tax that will cut 15% from all online gaming profits from the end of next year, according to The Daily Express newspaper.