Daily news

  • daily_news

    GVC Holdings, owner of the Ladbrokes Coral and bwin.party businesses, has said that it expects to post a year-on-year increase in revenue for 2019, primarily due to growth within its online division offsetting a decline in its UK retail business.

  • daily_news

    Players in Pennsylvania spent a total of $1.26bn on legal sports wagering in the first half of the state’s 2019-20 financial year, while revenue for the regulated market reached $91.4m during the period.

  • daily_news

    Problem gambling funding body GambleAware has revealed that GVC Holdings pledged to donate the most money in the nine months to 31 December 2019, despite not adding to the amount it committed to in the first half of the year.

  • daily_news

    Licensed online gaming operators in Delaware generated $3.6m in revenue for 2019, an increase of 38.5% on the previous year.

  • daily_news

    The Rank Group has said that it is likely to post better-than-expected operating profit for the 12 months through to 30 June, 2020, due to positive trading within its digital and Grosvenor Casino and international land-based venues businesses.

  • daily_news

    Spanish independent consumer rights body FACUA-Consumidores en Acción has asked the country’s Minister of Consumer Affairs, Alberto Garzon, to introduce a ban on the use of credit cards for gambling.

  • daily_news

    Players wagered a total of $4.58bn (£3.52bn/€4.11bn) in New Jersey over the course of 2019, with operators generating revenue of $299.4m for the year.

  • daily_news

    The Australian Transaction Reports and Analysis Centre (AUSTRAC) and the Great Britain Gambling Commission have signed a Memorandum of Understanding (MoU) to allow both agencies to share regulatory and compliance information.

  • daily_news

    The newly formed Gamesys Group has said it expects full-year revenue and adjusted earnings to be at the upper end of its expectations, after it was boosted by a strong performance in Q4.

  • daily_news

    Online gaming operator 888 has announced that Aviad Kobrine, its long-serving chief financial officer, is to step down from the role later this year after 15 years with the business.

  • daily_news

    The GB Gambling Commission has announced that it will introduce a ban on the use of credit cards for all forms of online and land-based gambling from 14 April.

  • daily_news

    Regulated bookmakers in Poland generated combined turnover of PLN6.7bn (£1.36bn/€1.58bn/$1.76bn) in 2019, a 28.8% year-on-year increase but less than the unlicensed market, according to figures from legal association Graj Legalnie.

  • daily_news

    BetBlocker, the UK-facing responsible gambling app funded and developed by alternative dispute mediation service ThePOGG.com, has secured its first corporate donation from online casino comparison website CasinoGuide.

  • daily_news

    Players in New Hampshire have wagered more than $3.4m in the week following the roll-out of mobile and online betting on December 30. 

  • daily_news

    Gambling software supplier GAN has appointed Karen Flores as its new chief financial officer with immediate effect.

  • daily_news

    William Hill has revealed that it expects to post better-than-expected adjusted operating profit for the year ended 31 December, 2019, with the bookmaker forecasting that the final figure will fall between £143m (€167.0m/$185.8m) and £148m.

  • daily_news

    Bwin.party and Ladbrokes Coral owner GVC Holdings will consider the company's potential relocation of its place of management and control - and therefore also its tax residence - from the Isle of Man to the United Kingdom.

  • daily_news

    Executives of the company behind UK white label sportsbook Fansbet claim the business is in good financial shape, despite acknowledging that the company owes more than £500,000 in late payments to affiliates dating back to August 2019.

  • daily_news

    Online affiliate and content marketing provider Raketech has warned it is likely to fall short of its forecasted reported earnings before interest, tax, depreciation and amortisation (EBITDA) in the fourth quarter, while operating profit it also set to come in below expectations.

  • daily_news

    Diamond Eagle Acquisition Corp – the special purpose acquisition company formed as part of DraftKings and SBTech’s merger – has filed a registration document revealing DraftKings made a loss of $114.1m (£87.1m/€102.7m) in the first nine months of 2019.

Pages