International Game Technology (IGT) has extended the reach of its PlayDigital PlayShot QuickBet kiosks into New Jersey by installing a series of units at the FanDuel Sportsbook at New Meadowlands Racetrack.
The iGamingBusiness.com Nordic dashboard, in partnership with H2 Gambling Capital, suggests that the region will grow to a €4.46bn market by 2023, boosted by the introduction of igaming regulation in Sweden.
The Gambling Commission, responsible for regulating gambling in England, Scotland and Wales, has reported a slight decline in the prevalence of problem gambling in 2018, though there were clear signs that public perception of the industry is worsening.
William Hill has posted a £721.9m (€840.3m/$955.8m) pre-tax loss for 2018, as a result of an £882.8m write-down of the value of its retail business ahead of maximum B2 machine stakes being cut to £2 from April. Despite this, the operator hailed good underlying progress achieved over the year, with 2018 revenue up 2% year-on-year to £1.6bn.
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.
This week's State of the Union, in partnership with Segev LLP, looks at the latest legal challenge launched against the DoJ's revised Wire Act opinion, plus developments in Virginia, Arkansas, Indiana and more.
Webis Holdings, the parent company of WatchandWager, has reported a drop in revenue and profit for the first half of its financial year, mainly due lower turnover activity in its international B2B division.
The Swedish gambling market saw revenue grow 1.5% in 2018, driven by growth in regulated and offshore igaming. Total revenue increased to SEK23.4bn (£1.9bn/€2.2bn/$2.5bn), with a 2.3% year-on-year decline in regulated market revenue to SEK16.7bn.
The State of the Union, in partnership with Segev LLP, covers the latest regulatory developments across the US. This week pressure has been ramped up on the Department of Justice in the wake of its revised Wire Act opinion, South Dakota and Minnesota are considering sports betting bills and Arkansas is thrashing out sports betting regulations, while Illinois' new Democrat Governor has factored sports betting into his 2020 budget.
Strong growth in revenue failed to offset the impact of growing costs for Scientific Games in 2018, with the gaming solutions provider’s loss for the period growing to $352.4m (£269.3m/€310.1m). Revenue for the 12 months ended December 31, 2018 was up 9.1% year-on-year, with a marginal decline in gaming revenue - down 0.7% to $1.8bn - offset by strong growth in the social and digital divisions.
Kambi Group’s review of the 2018-19 National Football League (NFL) season reveals that a strong product offering covering the league is crucial for operators looking to establish themselves in the nascent US sports betting market.
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.
William Hill now controls all sportsbook operations at Golden Entertainment properties in Nevada after expanding its partnership with the land-based casino giant. It has taken charge of wagering at Arizona Charlie's Decatur and Arizona Charlie's Boulder in Las Vegas, the Aquarius Casino Resort in Laughlin, and a new facility at The STRAT Hotel, Casino and SkyPod.