Daily news

  • daily_news

    Banking group HSBC UK has joined forces with industry charities GamCare and GambleAware to develop and launch a new self-restriction tool to enable its customers to block gambling transactions on their accounts.

  • daily_news

    Swedish gambling operator Svenska Spel has donated more than SEK50m (£4.0m/€4.7m/$5.1m) to grassroots sports in the country for the seventh consecutive year as part of its Gräsroten initiative.

  • daily_news

    New Zealand’s Racing Industry Transition Agency (RITA) reported revenue of NZD $348.0m (£123.6m/€144.2m/$158.7m) for the fiscal year ending July 31, down 3.1% year-on-year, as it missed its target for pre-distribution profit.

  • daily_news

    Atlantic City Mayor Marty Small Sr. has called for the city to receive a direct cut of sports betting tax in New Jersey, arguing it has played a key role in the success of the state’s regulated market.

  • daily_news

    Online lottery brokerage Zeal Network has warned that full-year revenue and earnings are likely to fall significantly from the prior year, following its acquisition of Lotto24 and the pivot of its Tipp24 business from lottery betting to brokerage.

  • daily_news

    Gaming solutions provider Inspired Entertainment has reported a 25.3% year-on-year decline in revenue to $26.6m (£20.7m/€24.1m) or the third quarter of 2019, a 25.3% year-on-year decline, which showed the business continues to suffer from the reduction in fixed-odds betting terminal (FOBT) stakes in the UK.

  • daily_news

    Online gambling revenue in Delaware fell to $246,092 (£191,479/€223,370) in October – the lowest monthly total of the year to date – primarily due to a sharp month-on-month decline in revenue at Dover Downs.

  • daily_news

    The newly formed Gamesys Group has reported a 22.9% year-on-year increase in revenue for the third quarter of the year, aided by a turnaround in the operator’s Jackpotjoy operating division.

  • daily_news

    Lottery platform provider 500.com’s revenues fell 67.6% to RMB9.8m for the third quarter of 2019 as migration to a new website in Sweden and the cessation of sports information services in China had a major impact the business' balance sheet.

  • daily_news

    Bragg Gaming Group has reported revenue of CAD$10.0m for the third quarter of 2019, while starting tomorrow, the business will have a new finance chief as bwin.party veteran Stephen Prowse takes over the role from Ashkay Kumar.

  • daily_news

    The current licence terms for the Irish National Lottery are limiting the amount of funds raised for good causes in the country, with a new report by Dublin City University suggesting that up to €43m (£36.9m/$47.4m) is being lost.

  • daily_news

    Sports wagering revenue in Iowa increased to $5.7m (£4.4m/€5.2m) in October, the second full month of regulated betting in the state, with growth across both the retail and online sectors.

  • daily_news

    Denmark’s regulated gambling market has reported a marginal year-on-year decline in revenue, with declines in revenue from land-based gaming machines and sports betting offsetting growth in online casino.

  • daily_news

    Revenue from New York’s four commercial sportsbooks declined 4.4% month-on-month in October to $2.2m (£1.7m/€2.0m), though this still represented the second-highest monthly total since the launch of regulated retail wagering in July.

  • daily_news

    Licensed operators in Indiana generated $11.5m (£9.0m/€10.4m) in adjusted gross revenue from sports betting in October, while the handle for the state’s market increased rose to $91.7m.

  • daily_news

    Gaming technology supplier PlayAGS has posted a net loss of $5.5m for the third quarter, despite also reporting an increase in revenue for the period.

  • daily_news

    Scientific Games has reported a 4% year-on-year increase in net revenue for the third quarter after growth across all of its business segments, which saw the supplier return to profitability for the period.

  • daily_news

    Affiliate marketing giant Better Collective reported record revenue of €17.1m for the third quarter of 2019, a 53.9% year-on-year increase, which the business said was largely attributable to acquisitions in the US and Sweden.

  • daily_news

    LeoVegas Gaming Group has reported a year-on-year increase in both revenue and operating profit for the third quarter after experiencing growth across most of its core markets.

  • daily_news

    Flutter Entertainment saw revenue increase 10% to £533m (€618.4m/$685.7m) for the third quarter of 2019, as FanDuel and Sportsbet’s successes in the US and Australia respectively offset a retail decline driven by fixed odds betting terminal (FOBT) regulation.

Pages