Daily news

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    Danish gaming operator Danske Spil saw revenue decline 7.8% year-on-year to DKK2.30bn (£281.1m/€309.1m/$365.2m) for the six months to 30 June, though like-for-like profit fell by just 2.9% thanks to a strong period for its lottery division and lower costs.

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    PointsBet has signed a five-year deal to become a betting, gaming and fantasy sports partner of The University of Colorado Buffaloes, becoming the first operator to sign an agreement with a “Power Five” collegiate sports team.

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    US commercial gross gambling revenue (GGR) continued to recover in July as more casinos and other venues reopened following the novel coronavirus (Covid-19) shutdown.

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    Unibet operator Kindred has struck market access deals with regional casino operator Penn National Gaming to offer online betting and gaming in Illinois and Ohio.

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    Dutch Minister for Legal Protection Sander Dekker has defended land-based monopoly Holland Casino in response to written questions from an MP regarding its responsible gambling practices, but acknowledged the casino does not keep track of individual player losses.

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    Novomatic has struck a deal for Ainsworth Game Technology, in which the Austrian gaming giant holds a 52% stake, to distribute its products in the Asia-Pacific region.

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    Igaming content developer and distributor Gaming Realms has reported a 65.9% year-on-year rise in revenue for the first half of 2020, which in turn helped the business report positive earnings for the period.Ig

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    German gaming giant Gauselmann Group has reported a 6.7% year-on-year rise in revenue for its 2019 financial year, despite its business being impacted by the novel coronavirus (Covid-19) pandemic.

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    Malta-based online operator Casumo Group launched its first pure pay and play casino product, Kazoom Casino, powered by the Gaming Innovation Group (GiG) platform.

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    888 Holdings has appointed Yariv Dafna as its new chief financial officer, replacing Aviad Kobrine, who announced his departure in January.

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    South Korean casino operator Kangwon Land has announced that its flagship venue in Jeongseongun will remain closed for a further three weeks.

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    The California Supreme Court has ruled in favour of tribes wishing to build new Class III casinos in California, removing a major barrier to decades-old plans for the construction of new facilities in the state.

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    Caesars Entertainment – the operating name for the newly combined Caesars Entertainment Corporation and Eldorado Resorts business – has agreed to sell its Harrah’s Louisiana Downs Casino, Racing & Entertainment property to Rubico Acquisition for $22.0m.

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    New York Governor Andrew Cuomo has announced that the state’s casinos will be permitted to reopen next week, having been closed for almost six months as a result of the novel coronavirus (Covid-19) pandemic.

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    Asia-Pacific casino operator Donaco International has appointed Lee Bug Huy as its new chief executive, with effect from today (3 September).

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    New Zealand casino operator SkyCity Group saw revenue grow 36.8% to NZ$1.13bn as favourable win rates and insurance payouts from a 2019 fire offset a decline in normalised revenue due to the impact of the novel coronavirus (Covid-19). The year also saw its online business make its first contribution to group revenue, bringing in $10.2m.

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    Churchill Downs Incorporated (CDI) has announced the reopening of its Calder Casino property in Miami, Florida, after more than five months closed due to the novel coronavirus (Covid-19) pandemic.

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    William Hill US has finalised its acquisition of sportsbook solutions provider CG Technology, after the deal was approved by Nevada regulators.

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    Casino junket and integrated resorts operator SunCity Group has reported a 69.5% year-on-year decline in revenue for the first half of 2020, though fair value gains related to its convertible bonds significantly reduced the business’ net loss for the period.

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    The Genting Malaysia division of conglomerate Genting Group has posted a loss of MYR1.4bn (£371.0m/€416.8m/$499.9m) for the first half of the year, due to the temporary closure of its leisure and hospitality facilities as a result of the novel coronavirus (Covid-19) pandemic.

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