Daily news

  • daily_news

    The GB Gambling Commission has given its approval to Rank Group’s proposed acquisition of online casino and bingo operator Stride Gaming. The bid, tabled in May, values Stride at £115.3m (€130.6m/$143.6m).

  • daily_news

    The UK’s Competition and Markets Authority (CMA) has given its approval to Inspired Entertainment’s proposed acquisition of Gaming Technology Group (GTG), a division of Austrian gaming equipment and solutions giant Novomatic’s UK subsidiary.

  • daily_news

    Gambling operator Betsson has placed SEK1bn (£82.3m/€93.4m/$103.3m) in senior unsecured bonds, attracting interest from a number of large institutional investors throughout the Nordic region.

  • daily_news

    Affiliate marketing giant Better Collective has purchased a 19.99% stake in gambling intelligence software solutions provider Mindway AI for DKK4m (£471,688/€535,718/$592,728).

  • daily_news

    White label and gaming content provider Nektan has announced plans to raise £3.0m in working capital, as well as restructuring existing loan agreements, warning the business requires new funding to continue as a going concern.

  • daily_news

    Skyrocket Entertainment has selected The Games Company (TGC) as the studio to bring its movie-themed titles to market after acquiring the supplier from BlockChain Innovations.

  • daily_news

    Mateusz and Zbigniew Juroszek, the owners of Polish bookmaker STS Gaming Group, has purchased 140,000 shares in affiliate marketing giant Better Collective for approximately €1m (£889,773/$1.1m).

  • daily_news

    Czech lottery and gaming giant Sazka Group has reported a 6% year-on-year increase in gross gaming revenue to €908.5m for the first half of 2019, while profit for the period was boosted by the sale of its Croatian business to Emma Capital.

  • daily_news

    Licensed operators generated $2.2m in revenue from the first sixteen days of legal wagering in Iowa, with the William Hill-powered offering at the Prairie Meadows Racetrack and Casino leading the market over the period.

  • daily_news

    Gaming businesses owned by Native American tribes have reported a 4.1% year-on-year increase in gross gaming revenue, to a record $33.72bn, in 2018.

  • daily_news

    Codere’s saw its net loss for the second quarter of 2019 fall by more than 75% for Q2, despite the collapse in revenue of the Argentine Peso drastically hurting revenue in what was previously the operator's largest market.

  • daily_news

    Sports betting revenue in New Jersey was up 174.0% year-on-year in August, while the US state also saw revenue increases within its online gambling and land-based casino markets.

  • daily_news

    The Brazilian lottery market has reported a 52.6% year-on-year increase in revenue for the second quarter of 2019, with the market benefitting from the contribution from the Mega-Sena game more than doubling over the period.

  • daily_news

    Online betting and gaming technologies provider GAN has put a 145% year-on-year increase in revenue during the first half down to the growth of its US business.

  • daily_news

    Strong growth in revenue from OPAP's video lottery terminal division has helped the Greek lottery and gaming operator report a year-on-year increase in revenue for the first half of the year, as well as offsetting a decline in sports betting revenue.

  • daily_news

    Revenue from Delaware’s online gambling market increased 30.4% year-on-year in August, with player spend rising to $12.5m.

  • daily_news

    Video Gaming Technologies (VGT), a subsidiary of Aristocrat Technologies, has reached a settlement worth $3m (£2.4m/€2.7m) with Class II and III games developer Castle Hill Gaming (CHG) over an intellectual property rights infringement lawsuit.

  • daily_news

    Gambling operator Betsson has announced plans to issue a new senior unsecured bond with an expected initial minimum volume of SEK500m (£41.6m/€46.7m/$51.4m) to help support its ongoing growth and expansion strategy.

  • daily_news

    Betclic Everest Group’s bet-at-home has revealed that it expects to receive an €11.9m (£10.7m/$13.1m) bill from the Austrian tax authorities, relating to the activities of its Linz-based subsidiary. This has prompted it to make changes to its intercompany invoicing practices, which will then see its annual tax burden increase by €5.0m.

  • daily_news

    888 Holdings has put a significant year-on-year decline in profit before tax in the first half down to higher spending, although the online gambling operator was able to post an increase in revenue for the period.

Pages