Flutter Entertainment announced plans to accelerate US expansion and reduce debt through an equity placement that raised £812.6m, after revealing a 10% rise in revenue for the first 47 days of its second quarter.
Greyhound racing is set to return in the UK from 1 June, with betting content provider and racetrack operator Sports Information Services (SIS) preparing to offer coverage of events across eight tracks.
New Zealand’s Racing Industry Transition Agency (RITA) will cut 230 jobs, including 150 permanent staff, at the Totalisator Agency Board (TAB) as a result of the disruption caused by novel coronavirus (Covid-19).
Danish gaming operator Danske Spil has reported a marginal year-over-year increase in revenue for the first quarter of 2020, with declines in its igaming and gaming machine arms mitigated by growth in its lottery business.
Gambling tech giant Playtech has revealed it was able to perform as expected in the first quarter, experiencing a strong trading period despite its business being impacted by the novel coronavirus (Covid-19) pandemic.
GambleAware has called for authorities to increase and expand the amount of help available to problem gamblers in the UK after new research found that almost half of affected players are choosing not access treatment or support.
Inspired Entertainment has seen its acquisition of Novomatic's Gaming Technology Group contribute to a rise in Q1 revenue, though costs associated with the deal have resulted in the supplier posting a net loss of $17.4m for the quarter.
Exclusive data from H2 Gambling Capital lays bare the decline in British betting and gaming gross win as a result of novel coronavirus (Covid-19), though iGB's principal data partner suggests the igaming sector should help the sector rebound.
The increase in remote gaming duty (RGD) from April 2019 led to significant hike in tax paid by Great Britain’s gambling licensees paid for the fiscal year ended 31 March 2020, mitigating a decline in machine gaming duty (MGD).
Sazka Group believes it is coming to the end of the disruption caused by the novel coronavirus (Covid-19) pandemic, but says the rapidly evolving situation makes it difficult to determine the crisis' economic impact on the business.
Sweden’s former horse racing monopoly operator AB Trav och Galopp (ATG) has reported a 10.7% year-on-year increase in net gaming revenue for the first quarter of 2019 to SEK1.11bn (£89.0m/€102.1m/$110.7m).
The Parliamentary All Party Betting & Gaming Group (APBGG) has commenced a review of the UK’s Gambling Act 2005 to establish what changes may be needed to ensure the laws are relevant to the technical and social developments since its conception.
Flutter Entertainment reported a 16% year-on-year increase in revenue for the first quarter of 2020, though growth slowed as a result of the novel coronavirus (Covid-19) pandemic suspending sports and closing of venues.