British problem gambling support charity GambleAware has received voluntary donations of £10.05m for the 12 months ending 31 March, the first time that donations have exceeded the charity’s minimum target of £10m.
GVC topped the list of donors to the UK-based charity, donating £1.46m during the year, with William Hill and [...]
The owners of sports betting technology supplier SBTech could lose up to $30m due to the suspected cyberattack on the company’s systems in late March.
The terms of the business combination agreement between SBTech, Diamond Eagle Acquisition Corp. (DEAC) and DraftKings have been amended to protect DEAC and DraftKings against any [...]
Casino games developer Ganapati has announced plans to delist its shares from the Aquis stock exchange as authorities in Japan commence legal action against a subsidiary of the company.
The company’s shares are currently priced at 3 pence on the Aquis Stock Exchange, a UK-based stock market providing primary and secondary [...]
French gaming and lottery operator La Française des Jeux (FDJ) has taken out a €380m syndicated loan to pay for its exclusive rights to operate lottery and sports betting in France.
FDJ will use the loan to pay the French government for its exclusive 25-year rights to operate lottery games and [...]
Sweden’s Svenska Spel has become the latest gaming operator to cancel its proposed dividend as it is forced to temporarily lay off staff in the wake of the COVID-19 pandemic.
The state-owned company said Tuesday that it has taken the decision to withdraw its proposed SEK850m dividend (approx. €75m) after discussions with stakeholders.
Although Sweden has [...]
Shares in betting and racetrack operator Webis Holding soared by more than a third in London Thursday after the company secured a new term loan to support its US expansion.
The primary purpose of the $500,000 loan is to further develop and market its Watch&Wager subsidiary in California, with the [...]
The state-owned Philippine Amusement and Gaming Corporation (PAGCOR) has released P12bn (€217.6m) to the National Treasury to help cushion the economic impact of the COVID-19 pandemic.
The remittance comprises the agency’s cash dividends for 2019 and is P5.67bn higher than PAGCOR is required to remit.
PAGCOR chairman and CEO Andrea Domingo said that [...]
The UK’s betting and gaming industry is set to benefit from new measures announced Friday by the government to protect workers and businesses during the COVID-19 shutdown.
The support package will see government cover up to 80 per cent of staff wages for a three-month period starting 1 March, up to a cap of £2,500 [...]
Gibraltar’s Gambling Licensing Authority (GLA) has suspended the operating licence of MoPlay-owner Addison Global.
Following advice from the Gambling Commissioner Andrew Lyman, the authority announced the immediate suspension of Addison Global’s licence late Wednesday after the operator was unable to provide a solution to its solvency issues.
“The Gambling Commissioner has been [...]
Stockholm-listed B2B fantasy sports provider Scout Gaming Group has raised SEK36m (€3.4m) through two directed share issues, including investment from Optibet-owner Enlabs.
Scout has completed a directed issue of 1,330,362 shares through an accelerated book building procedure, and a directed share issue to existing shareholders of 1,638,750 shares.
“Scout Gaming is undergoing an intensive [...]
Stockholm-listed gaming operator Betsson has launched Winning Streaks, a new €1m live roulette promotion in partnership with insurance provider RISQ and Evolution Gaming.
Paris-listed lottery and gaming operator FDJ has implemented a comprehensive insurance policy to cover its counterparty risk from next year.