Daily news

  • daily_news

    The Department of Justice (DoJ) is set to extend the window in which it will not enforce its revised interpretation of the Wire Act, according to sources close to the matter.

  • daily_news

    Lawmakers in New York are to run the rule over a new bill that would legalise sports betting on mobile devices, in licensed casinos and at designated wagering lounges across the state.

  • daily_news

    William Hill has posted a £721.9m (€840.3m/$955.8m) pre-tax loss for 2018, as a result of an £882.8m write-down of the value of its retail business ahead of maximum B2 machine stakes being cut to £2 from April. Despite this, the operator hailed good underlying progress achieved over the year, with 2018 revenue up 2% year-on-year to £1.6bn.

  • daily_news

    The Labour Party is to demand mandatory limits on player spending, staking and speed of play for online gaming as part of a root-and-branch overhaul of igaming regulation in England, Scotland and Wales.

  • daily_news

    US racetrack and casino operator Churchill Downs Incorporated (CDI) has cited its racing and online advance deposit wagering (ADW) divisions as key drivers of a 14.3% year-on-year increase in revenue for 2018.

  • daily_news

    Sportradar has moved to enhance its relationship with Major League Baseball (MLB) to become the organisation’s official global data partner.

  • daily_news

    Delaware’s legal sports betting market has reported a 91.1% month-on-month decline in revenue for January, with less player activity resulting in a decline in amounts wagered.

  • daily_news

    The Senet Group, the UK-facing responsible gambling organisation, has published its official response to the Gambling Commission’s consultation on a new national strategy, calling for greater clarification on key strategic themes.

  • daily_news

    The Swedish gambling market saw revenue grow 1.5% in 2018, driven by growth in regulated and offshore igaming. Total revenue increased to SEK23.4bn (£1.9bn/€2.2bn/$2.5bn), with a 2.3% year-on-year decline in regulated market revenue to SEK16.7bn.

  • daily_news

    Strong growth in revenue failed to offset the impact of growing costs for Scientific Games in 2018, with the gaming solutions provider’s loss for the period growing to $352.4m (£269.3m/€310.1m). Revenue for the 12 months ended December 31, 2018 was up 9.1% year-on-year, with a marginal decline in gaming revenue - down 0.7% to $1.8bn - offset by strong growth in the social and digital divisions.

  • daily_news

    Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.

  • daily_news

    Intralot is set to be awarded the contract to operate sports betting on behalf of the DC Lottery after the Washington, DC Council approved an emergency measure to bypass the public procurement process.

  • daily_news

    William Hill now controls all sportsbook operations at Golden Entertainment properties in Nevada after expanding its partnership with the land-based casino giant. It has taken charge of wagering at Arizona Charlie's Decatur and Arizona Charlie's Boulder in Las Vegas, the Aquarius Casino Resort in Laughlin, and a new facility at The STRAT Hotel, Casino and SkyPod.

  • daily_news

    France’s online gaming market reported year-on-year growth across all three legal verticals in 2018, with the sports betting vertical the standout performer. However ARJEL has suggested that with growth in other verticals still slow, a shift to a revenue-based tax regime may be key to safeguarding the industry in the long-term.

  • daily_news

    Finnish gaming monopoly operator Veikkaus has pledged to develop its digital offering over the next three years to ensure it doesn’t see profits cannibalised by offshore competition, after announcing slight declines in turnover and profit for 2018.

  • daily_news

    A Senate Committee hearing on a bill to legalise sports betting at Arizona’s tribal casinos and bars was delayed to give the legislation’s sponsor time to make revisions and amendments to the proposal.

  • daily_news

    The Gambling Commission has warned licensees that using non-disclosure agreements in settlements with customers could prevent consumers from reporting their concerns to the regulator and place operators in breach of their licence conditions.

  • daily_news

    Arena Racing Company (ARC) has confirmed that compulsory redundancies are likely as the UK racecourse operator looks to mitigate the impact of betting shop closures resulting from the decision to slash fixed odds betting terminal (FOBT) stakes to £2.

  • daily_news

    Igaming content provider Pragmatic Play has completed the acquisition of virtual sports software supplier VSoftCo as it looks to strengthen its multi-product strategy.

  • daily_news

    Legislators in Hawaii have filed a bill that could see sports betting become the first legal form of gambling in the state, though without opening up the market to private operators.

Pages