Betsson Group has secured approval from anti-trust regulators to proceed with its planned acquisition of Gaming Innovation Group’s (GiG) B2C assets, with the deal now set to go through by the middle of April.
American Gaming Association (AGA) president and chief executive Bill Miller has written directly to US President Donald Trump, urging him to amend the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) to include gaming businesses.
While Italy’s sports betting market struggled after novel coronavirus (Covid-19) resulted in a nationwide lockdown and the suspension sporting events, the market grew year-on-year in March, thanks to online casino and poker.
Land-based gambling operator Boyd Gaming has set out a number of additional measures to mitigate the financial impact of the novel coronavirus (Covid-19) pandemic, including placing most of its staff on unpaid furlough.
Swedish-facing operator Svenska Spel has hit out at media reports in the country suggesting there has been a significant rise in online casino gambling during the novel coronavirus (Covid-19) outbreak, describing the published figures as “misleading”.
Fantasy sports solutions provider Scout Gaming Group has said it expects year-on-year growth in revenue for the first quarter, despite its business being impacted by the ongoing novel coronavirus (Covid-19) pandemic.
Kambi Group has revealed that it expects to achieve a year-on-year increase in revenue for the first quarter of 2020, while the sports betting service provider has set out a series of cost-saving measures to help mitigate the impact of novel coronavirus (Covid-19).
Australian gambling operator Tabcorp has announced that is it to furlough more than 700 of its staff until 30 June as part of its strategy to mitigate the impact of the novel coronavirus (Covid-19) outbreak.
The Denise Coates Foundation, the charity set up by bet365 co-chief executive Denise Coates, has awarded a £10m (€11.3m/$12.3m) grant to a regional UK National Health Service (NHS) charity to support staff and patients during the novel coronavirus (Covid-19) pandemic.
GVC Holdings has reported a year-on-year rise in revenue for the first quarter, despite business slowing down due to the novel coronavirus (Covid-19) global pandemic, but has chosen to cancel a planned dividend payment due to ongoing uncertainty over the outbreak.
The New York State Gaming Commission has reported a month-on-month rise in sports betting revenue for March, despite the state’s market being impacted by the novel coronavirus (Covid-19) global pandemic.
Caesars Entertainment UK (CEUK) has agreed to pay a record settlement worth £13m (€14.7m/$16.1m), after the GB Gambling Commission ruled it had breached a number of social responsibility, money laundering and customer interaction regulations related to VIP customers.
Greek gaming operator OPAP has reported a 4.7% year-on-year increase in revenue for 2019, though the shut-down of its retail network in the country looks set to have a significant impact on revenue and earnings in 2020.