Saratoga Harness Racing’s planned purchase of Wildwood Casino in Cripple Creek, Colorado from American Gaming Group (AGG) has been canceled because of the effect of the novel coronavirus (Covid-19) on both businesses.
Gambling tech giant Playtech has revealed it was able to perform as expected in the first quarter, experiencing a strong trading period despite its business being impacted by the novel coronavirus (Covid-19) pandemic.
With the share prices of some of the major online players currently proving more resilient than expected following a period of vastly divergent performances across the sector, David McLeish analyses the immediate opportunities and likely drivers of consolidation plays over the next 12-18 months
Affiliate marketing business Net Gaming Europe has reported a 21.3% year-on-year decline in first quarter revenue, though new chief executive Robert Andersson claims that a refocused business has sufficient untapped potential to grow from Q2 onwards.
Las Vegas casinos have partnered the University Medical Center of Southern Nevada (UMC), the Culinary Health Fund and the Las Vegas Convention Center to test all gaming employees for the novel coronavirus (Covid-19) before they return to work.
Lucky Casino operator Glitnor Services has been fined SEK400,000 by Swedish gambling regulator Spelinspektionen, after it was found to have offered games not permitted under the country’s Gambling Act.
Her Majesty’s Revenue and Customs (HMRC) has confirmed that it will not appeal a court ruling that determined value-added tax (VAT) was incorrectly applied to revenue earned from certain gaming machines prior to 2013.