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Sports betting drives increase in British gross gambling yield in December

Britain’s Gambling Commission has released new data showing the impact of Covid-19 lockdown measures on online gambling behaviour in December 2020.

With retail gambling venues closed during the month of December, online gambling gross gaming yield (GGY) climbed by 30 per cent versus the previous month, driven by strong operator margins [...]

1 min read
Lithuania

Lithuania gambling market halves in 2020

Lithuania’s licensed gambling operators posted a 49 per cent fall in total turnover to €166.9m in 2020, as restrictions due to the COVID-19 pandemic impacted both land-based and online operations.

The pandemic led to the Lithuanian government shuttering all land-based activities between 22 March to 9 June 2020, and again from [...]

1 min read
Bingo360

Pragmatic Play challenges Entain in battle for online bingo players

Pragmatic Play’s bingo network has made significant strides in 2020, with a new study commissioned by HowAboutBingo.com showing average player numbers across the network more than doubling in the last four months of the year

The addition of PlayOJO to Pragmatic Play’s bingo network has powered the emerging bingo supplier to [...]

1 min read
Rank Group

Rank Group swings to loss as pandemic decimates Venues business

London-listed casino and bingo operator Rank Group has reported a 55 per cent fall in net gaming revenue to £177.6m for the financial first half period ended 31 December, as the COVID-19 pandemic significantly impacted its Venues business.

The fall in revenue was due to the impact of the Covid-19 pandemic, [...]

1 min read
Entain

Online drives Entain revenue growth in Q4 2020

London-listed betting and gaming operator Entain has reported its 20th consecutive quarter of double digit online net gaming revenue growth, although lower retail revenue due to Covid-related store closures meant that full year net revenue was in line with the prior year.

Fourth quarter online net gaming revenue (NGR) increased by [...]

1 min read
Spain

Spain sees 12% increase in online gambling self-exclusions

Spain’s national self-exclusion register for online gambling grew by 12 per cent in 2020 to end the year with over 56,000 opted-out players.

The self-exclusion system covers all online gambling across Spain and has proven particularly popular in the autonomous community of Andalusia, where 13,811 people have registered, accounting for 24.5 [...]

1 min read
GambleAware

GambleAware appoints Zoë Osmond as next chief executive

Britain’s problem gambling prevention charity GambleAware has named Zoë Osmond as its next chief executive.

Osmond will take over as CEO at the end of March, replacing Marc Etches, who announced he would be stepping down from the role last August.

Osmond has served as communications and engagement director at GambleAware for [...]

3 mins read
888 Holdings

888’s full year results boosted by record trading in December

London-listed online gaming operator 888 Holdings said Thursday that it expects full year revenue and adjusted EBITDA for 2020 to come in “moderately” ahead of expectations.

888 benefited from a strong performance at the end of the year, with both revenue and active customer numbers hitting new record highs in December.

The [...]

1 min read
Gamesys Group

Gamesys to deliver strong revenue and earnings growth in 2020

Shares in Gamesys Group climbed by 4 per cent in London Tuesday after the online gaming operator revealed that its revenue and adjusted EBITDA for 2020 would be at or above the upper end of current market expectations.

Following a continued strong performance during the final quarter of the year, Gamesys [...]

1 min read
Playtech

Playtech shares hit 52-week high as 2020 adjusted EBITDA tops €300m

London-listed gaming technology provider Playtech expects to post adjusted EBITDA of at least €300m for 2020, driven by significant strategic and operational progress made during the year.

Despite the impact of the COVID-19 pandemic, the company benefited from strong performances during the first half of the year from its Financials division, [...]

1 min read
Kindred Group

Kindred Group grows underlying EBITDA by 3.7x in final quarter of 2020

Stockholm-listed online betting and gaming operator Kindred Group has recorded a near four-fold increase in underlying EBITDA for the fourth quarter of 2020 following its strongest ever quarterly revenue performance.

Kindred said in a trading update Tuesday that gross winnings revenue for the fourth quarter climbed by 54 per cent year-on-year [...]

1 min read
Pragmatic Play

Pragmatic Play unveils The Masked Singer Bingo game

Gaming supplier Pragmatic Play has developed a new bingo product for SkillOnNet’s PlayOJO brand in partnership with British TV show The Masked Singer.

Pragmatic Play’s The Masked Singer Bingo combines features and branding from the show into an exclusive 90-ball bingo room.

When entering the branded bingo room, players are asked to [...]

2 mins read
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