New Zealand caisno operator SkyCity Group saw revenue grow 36.8% to NZ$1.13bn as favourable win rates and insurance payouts from a 2019 fire offset a decline in normalised revenue due to the impact of the novel coronavirus (Covid-19). The year also saw its online business make its first contribution to group revenue, bringing in $10.2m.
The significant expansion and diversification of Flutter Entertainment’s operations through its acquisition of The Stars Group helped the operator mitigate the disruption caused by novel coronavirus (Covid-19) in the first half of the year.
Online gambling revenues drastically increased in Portugal during lockdown, with operators bringing in revenue of €138.9m, up 44.2%, in the first half of 2020, new figures from the Serviço de Regulação e Inspeção de Jogos (SRIJ) have revealed.
Asian casino operator Galaxy Entertainment Group (GEG) saw revenue for the six months to 30 June drop 76.3% with the operator expecting further headwinds from the ongoing impact of novel coronavirus (Covid-19) on its Macau venues.
Online random number generator (RNG) games will face a three-second spin limit and may not be advertised outside of an operator’s website, according to the country’s new secondary legislation as part of its Gambling Reform Act.
Industry supplier i3 Interactive announced today (11 Aug) that it has entered into an agreement to acquire all shares in an unnamed private British Columbia (BC) corporation that owns and operates a poker brand active in the Indian market.
Lithuania’s Gambling Authority has warned those organising poker training schemes after courts in the country dismissed a case filed by a poker school on the grounds that it required a player to play on illegal sites.
The Regional Council of Darmstadt, the body responsible for licensing and prohibition under the third State Treaty on Gambling, looks set to develop transitional regulations rather than pursuing enforcement action against online casino and poker operators.
More gamblers in Sweden have decreased play than increased during the novel coronavirus (Covid-19) pandemic, but more than a quarter of high risk customers are playing more according to a Lund University study.
The Michigan Gaming Control Board (MGCB) has approved minimum reopening guidelines for Detroit’s three commercial casinos, which will limit each property to 15% of legal capacity and ban smoking on the gaming floor.
The Nevada Gaming Control Board (NGCB) has redacted its figures for sports betting, horse racing and card game revenue in its revenue report for April, which reveals the state’s gaming industry generated just $3.6m.
As novel coronavirus (Covid-19) swept the globe and lockdowns followed, concerns were raised over a potential “boom” in online casino. But to what extent has play in the vertical actually grown, and is it sustainable or does it represent a growth in higher-risk behaviour?