Nevada casinos brought in $1.04bn in revenue while sportsbook revenue grew to $38.1m in the last full month before the novel coronavirus (Covid-19) pandemic led to a near-total shutdown of casinos and global sport.
Catena Media has reported a 5.7% year-on-year increase in revenue for the two months to 29 February, with the affiliate marketing giant saying that it anticipates further growth amid the novel coronavirus (Covid-19) pandemic.
888 Holdings has reported a rise in customer activity across its casino and poker services, but the online gambling operator warned its sports betting business is likely to suffer as a result of cancelled events worldwide.
British industry body The Betting and Gaming Council has written to the Chancellor of the Exchequer after the gambling industry was excluded from all forms of business rate relief intended to ease the impact of the novel coronavirus (Covid-19) pandemic.
The ban on the use of credit cards to fund online gambling is due to come into force from April 14. Jake Pollard examines what sort of impact it is likely to have on the industry – and on problem gambling rates
William Hill has announced that it expects a material impact on revenue and earnings from the novel coronavirus (Covid-19) pandemic, and has therefore suspended its 2019 dividend to retain financial resources within the business.
The New Jersey Division of Gaming Enforcement (NJDGE) has reported a year-on-year increase in revenue across all market sectors in February, despite the sports betting sector reporting a significant month-on-month decline.
Tom Watson was one of the first MPs to call for significant changes to the British gambling sector and played a key role in shaping politicians’ thinking on the industry. But at a time when the industry is taking a very public bashing and its political opponents are in the ascendancy, does he feel things can be salvaged?
A meeting of Germany’s heads of state in Berlin saw lawmakers approve gambling regulations to legalise online poker and casino from 1 July, 2021, as well as deciding on the location of the country’s new regulatory authority.