Daily news

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    Score Media and Gaming, owner of online operator theScore Bet, announced it has received authorisation from the Colorado Division of Gaming to offer its online sports betting service to customers in the state.

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    Gaming technology and payment solutions provider Everi Holdings says its business is showing signs of recovery in the early weeks of the third quarter, after seeing revenue plummet and losses mount in the first half of the year.

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    Online sports betting operator PointsBet has entered into a partnership with National Basketball Association franchise the Indiana Pacers, as well as confirming the locations for three new off-track betting facilities in Illinois.

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    UK industry body the Betting and Gaming Council (BGC) has hit out against the suggestion of what it called an “arbitrary and random” monthly deposit cap, suggested in a report from think tank the Social Market Foundation.

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    Baltic-facing operator Enlabs has put forward a number of proposed individuals to be appointed to a new board of directors at Global Gaming, in relation to its recent acquisition of a larger stake in the Ninja Casino operator.

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    Gaming solutions giant Playtech expects earnings for the first half of 2020 to reach €160m, after a strong performance from its online and financials divisions helped offset novel coronavirus’ (Covid-19) disruption to retail and sports in the period.

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    Sports betting odds provider Sports IQ has struck a new partnership with Bet.Works, the sports betting technology supplier powering US-facing operators theScore Bet and Elite Sportsbook.

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    Casino operator Red Rock Resorts said the enforced closure of its properties due to the novel coronavirus (Covid-19) pandemic was the main reason behind a $223.7m net loss for the first half.

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    Slot games in Great Britain should have mandatory stake limits of between £1 and £5, a £100 monthly “soft cap” should be set for deposits and the white label system should be abolished, according to a new report. It also calls for the Gambling Commission to be replaced with two distinct bodies; one to handle licensing and compliance issues, and another to handle customer protection.

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    William Hill has reported a 31.7% year-on-year decline in revenue for the first half of its financial year, though a £230.7m value added tax (VAT) refund allowed the operator to post a £115.6m net profit for the period.

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    Online gambling operator Global Gaming was able to reduce its losses during the first half of 2020, despite seeing its revenue decline 55.9% year-on-year.

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    Casino operator Wynn Resorts has reported a net loss of $1.04bn for the first half of the year, after the novel coronavirus (Covid-19) pandemic forced the temporary closure of its venues in the US and Macau.

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    One in five businesses considering bidding for one of Japan's three integrated resort (IR) licences say they are “less interested” in the process because of the novel coronavirus (Covid-19) pandemic, while two thirds remain set on competing.

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    GVC Holdings-owned bwin has agreed to become the new sports betting partner of the Belgium's top tier football division, the Pro League.

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    Industry giant Playtech has rolled out a range of online casino content and its poker technology with Baltic-facing operator Enlabs.

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    Michigan’s 27 combined commercial and tribal casinos have an annual economic impact of $6.3bn for the state, according to a new report from the American Gaming Association (AGA).

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    The novel coronavirus (Covid-19) pandemic has hit International Game Technology (IGT) hard in the second quarter of 2020, with revenue dropping 48.4% and the business posting a net loss of $279.6m.

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    Super League Greece, the country’s highest level professional football league, has announced Malta-headquartered sports betting operator Interwetten as its gold sponsor for the next three years, starting with the 2020-2021 season.

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    The Pennsylvania Lottery generated profits of $1.14bn for programmes that benefit the state’s senior citizens in its 2019-20 fiscal year, the ninth consecutive year in which its contribution has surpassed $1bn.

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    The B2B division of lottery betting giant Lottoland, Alot Solutions, has made what it calls a significant equity investment in G Games, the igaming content developer formerly known as Gamevy.

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