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

    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

    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

    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

    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.

  • daily_news

    The Swedish Gaming Authority (Spelinspektionen) has reported a quarter-on-quarter increase in online gaming revenue for the three months to the end of September, but saw a decline in overall market revenue for the period.

  • daily_news

    Caesars Entertainment reported a 2.3% revenue increase to $2.24bn for the third quarter of 2019, but the operator swung to a loss due to impairment costs from the company’s sale of the Rio All-Suites Resort & Casino for a lower fee than the company’s valuation.

  • daily_news

    Sweden-based, Baltic-facing operator Enlabs posted record revenue for the third consecutive quarter, breaking the €10m(£8.6m/$11.1m) barrier for the first time.

  • daily_news

    Asian gaming giant Melco Resorts and Entertainment has revealed a 14% year-on-year increase in revenue for the third quarter, while operating income more than doubled during the period.

  • daily_news

    Canadian provincial lottery operator Loto-Québec has reported a 1.53% year-on-year increase in revenue for the first half of 2019, despite seeing a decline within its draw-based games business.

  • daily_news

    Unibet operator Kindred Group saw gross winnings revenue for the third quarter of 2019 declined 2% to £226.0m (€260.9m/$290.1m) while after-tax profits almost halved as struggles in Sweden hurt the company’s bottom line.

  • daily_news

    Svenska Spel’s third quarter gross gaming revenue declined to SEK4.6bn  as the effects of competition and regulation in the re-regulated Swedish market hit the company's balance sheets.

  • daily_news

    NetEnt has reported a marginal decline in revenue for the third quarter of the year, after favourable exchange rates and the acquisition of Red Tiger Gaming partially offset struggles in the Norwegian, Swedish and UK markets.

  • daily_news

    After another difficult quarter, Betsson chief executive Pontus Lindwall has talked up the possibility of acquisitions and expansion into new markets, after the operator reported year-on-year declines in revenue and profit for the third quarter of the year.

  • daily_news

    Live dealer software supplier Evolution Gaming said its investment in new products and the expansion of its studios has led to a year-on-year increase in revenue and profit during the third quarter of 2019.

  • daily_news

    White label and gaming content provider Nektan has extended the deadline for orders for a placing to raise £3.0m in working capital for the fourth time, after revealing that certain parties were proposing “unacceptable” terms in return for investment.

  • daily_news

    Casino operator MGM Resorts International has agreed to sell its iconic Bellagio Las Vegas property and form a joint venture with Blackstone Real Estate Income Trust, in a deal worth $4.25bn. MGM has also struck a deal to sell Circus Circus for $825m to an affiliate of Treasure Island owner Phil Ruffin.

  • daily_news

    Licensed sportsbook operators in Pennsylvania generated collective revenue of $19.4m (£15.1m/€17.4m) in the second full month of regulated sports wagering, while interactive gaming revenue in September amounted to $5.3m.

  • daily_news

    Problem gambling funding body GambleAware has revealed that GVC Holdings topped its list of pledges for the six months to 30 September 2019, with the Ladbrokes Coral owner committing a total of £1.46m (€1.69m/$1.86m) during the period.

Pages