Paddy Power Betfair has seen its 2018 revenue grow as a result of the acquisition of FanDuel and an improved performance by the Paddy Power brand in the UK market, though the US investment has also hit full-year profits.
US racetrack and casino operator Churchill Downs Incorporated (CDI) has cited its racing and online advance deposit wagering (ADW) divisions as key drivers of a 14.3% year-on-year increase in revenue for 2018.
Key developments in 2018 come to fruition this year, with point of consumption tax and consumer protection issues set to ring big changes in the Australian gambling industry, according to Addisons senior Associate Karina Chong and partner Jamie Nettleton.
Czech Republic lottery and betting firm Synot Group has linked up with South African gaming company Grand Parade Investments (GPI) to acquire minority stakes in Australian gaming machine manufacturer Atlas Gaming.
Italian operator SNAI has revealed that it has entered into an agreement to finalise its previously announced merger with rival Cogemat, while also confirming Giorgio Sandi is to stand down as its chief executive and chairman.
The UK Gambling Commission has updated its 'Industry Statistics 2008-2013' and provides the latest information on each industry sector – arcades, betting, bingo, casinos, gaming machine manufacturers, lotteries and remote gambling.
PwC’s team of gambling specialists bring you an unbiased overview of how the gambling industry in South Africa is expected to develop over the coming years. The publication focuses on the following major industry segments: casino gambling, limited pay-out machines, sports betting, bingo and the National Lottery. For Nigeria and Kenya, they cover only casino gambling.