Revenue from regulated gambling in the Czech Republic fell 21.3% in 2018 to CZK31.3bn (£1.1bn/€1.2bn/$1.4bn), with the decline down to a lower contribution from slot machines.
Spain's online gambling market enjoyed a strong first quarter, with February in particular a standout, driven by the strong performance of the sports betting vertical.
A trio of international gaming operators have entered the race to secure online gambling licences in Argentina’s capital province of Buenos Aires. There are now 10 companies competing to secure one of seven operating licences.
In conjunction with Chris Elliott and Beth French of Wiggin LLP, iGB provides a regulatory snapshot of igaming across the EU. Belgium, France, Italy and Sweden are among those markets updated this month
Marking the first anniversary of the RP iGaming Index's launch, Regulus Partners' Paul Leyland looks at the factors that have led to gaming stocks largely underperforming over the past 12 months, and what needs to be done to make them a worthwhile investment. Stride Gaming is the stock in focus.
The Gambling Commission has joined forces with partners in Wales to develop a new national strategy, with the aim of reducing gambling-related harms in the country.
Online gaming operator 888 has cited the performance of both its sports betting and casino operations as the key drivers behind a 6% year-on-year increase in revenue during the first 15 weeks of the year.
Gambling operator Cirsa has reported a net loss of €5.6m (£5.0m/$6.3m) in the first quarter of 2019, despite its Spanish operations and Latin American casinos helping drive revenue up.
The Rank Group has reached an agreement on an all cash offer to acquire Stride Gaming, paying 151 pence per share for the business. This values Stride at £115.3m.
Online bingo and casino operator Stride Gaming has put a 13.0% year-on-year drop in revenue during the first half of its financial year down to the impact of new regulations in the UK market.
Gross gambling yield for the UK’s online gaming sector climbed 2.9% to £5.6bn in the 12 months to September 2018, despite the wider gambling market seeing a decline during the period.
A host of leading betting and gaming operators have struck partnerships with local operators in Buenos Aires as Argentina’s capital province moves towards the roll-out of online gambling.
The Czech Republic’s Ministry of Finance has confirmed that it will increase the tax rate on certain gambling activities in the country from January 2020. Taxes will be split into three levels, according to how harmful the government perceives the activity to be.
European regulatory authority Gaming Regulators European Forum (GREF) has appointed Jorn Starck, executive director of the Alderney Gambling Control Commission, as its new chairman.
Irish Minister of State David Stanton has revealed that work on developing a new framework for regulating gambling in the country, including the establishment of a new authority to oversee and implement the legislation, will take up to 18 months.
In an exclusive extract from iGB’s Brazil e-zine, Scott Longley runs the rule over the various gaming bills now in play and how they are likely to translate into the market
Online bingo and casino operator JPJ Group has cited the performance of its Vera&John business as the main driver behind a 13% year-on-year increase in revenue during the first quarter.
GambleAware has confirmed it will invest an additional £3.9m (€4.5m/$5.0m) to help fund the expansion of the National Gambling Treatment Service through GamCare and its network of partners across Great Britain.
