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BCLC

Record Lottery and iGaming revenue fails to offset BCLC’s retail struggles

Canada’s British Columbia Lottery Corporation (BCLC) has reported a 62 per cent fall in total revenue to CAD$965.6m for the 2020/21 fiscal year, despite seeing revenue from its PlayNow.com iGaming brand more than double during the year.

BCLC said that its diversified product portfolio mitigated the overall impact of facility closures [...]

1 min read

Sweden’s gambling market grows to SEK6.51bn in second quarter

Sweden’s regulated gambling market generated net sales of SEK6.51bn (€638.9m) in the second quarter of 2021, buoyed by strong growth from the online casino and sports betting segment.

According to the latest data from the Swedish tax authority, net sales increased by 10 per cent compared to the same period last [...]

1 min read

Codere struggles in first half as retail woes continue

Spanish gaming operator Codere has reported a 16 per cent fall in revenue to €266.3m in the first half of 2021, with Covid-19 restrictions continuing to impact its retail operations in Italy and Argentina.

Revenue from Latin America decreased by 15 per cent to €149.0m, with declines in Argentina and Uruguay [...]

1 min read

G2E Las Vegas confirms vaccination requirement for attendees

The organisers of next month’s Global Gaming Expo (G2E) in Las Vegas have confirmed that all attendees will be required to provide proof of Covid-19 vaccination in order to attend the 2021 event.

Presented by the American Gaming Association (AGA) and organized by RX, G2E returns to the Sands Expo and [...]

1 min read
Gambling Commission

Gambling Commission issues £5.85m fine to Rank’s Daub Alderney

Rank Group-owned online casino and bingo operator Daub Alderney has been hit with another multi-million pound penalty by Britain’s Gambling Commission for social responsibility and anti-money laundering failures.

The business formerly owned by Stride Gaming (now part of Rank Group) was previously fined £7.1m in November 2018 for failing to follow [...]

1 min read
888 Holdings

888 benefits from strong growth in UK and Italy

London-listed gaming operator 888 Holdings has increased first half revenue by 39 per cent as it benefited from currency gains and strong growth in all major markets.

Revenue in the first six months of 2021 amounted to £528.4m, an increase of 39 per cent, or 29 per cent in constant currency, [...]

1 min read
Rank Group

Rank Group begins search for new finance chief

London-listed gaming operator Rank Group is on the lookout for a new finance chief following the resignation of Bill Floydd.

Floydd has tendered his resignation in order to take up the role of chief financial officer (CFO) at London-listed British retailer Watches of Switzerland Group.

He had joined Rank as CFO in [...]

2 mins read

GI Games Round-up: Inspired, Big Time Gaming, Playtech and more

This week’s games and platform integrations round-up from Gaming Intelligence features the likes of Inspired, Big Time Gaming, Playtech, Relax Gaming, iSoftBet, Pragmatic Play, Endorphina and High 5 Games.

Inspired’s Jungle Falls

Inspired has launched Jungle Falls, a classic jungle-themed cluster slot game developed by its Bell-Fruit Games development studio.

"Jungle Falls is [...]

5 mins read
Rank Group

Rank Group swings to loss as revenue falls across all segments in FY2020/21

London-listed gaming operator Rank Group has reported a 48 per cent fall in revenue to £329.6m for the year ended June 30, with declines across all business segments.

Rank’s retail venues recorded the largest drop in revenue due to temporary closures in response to the Covid-19 pandemic, with digital revenue also [...]

1 min read
Tabcorp

Sports and lotteries drive Tabcorp full year revenue growth

Sydney-listed gaming operator Tabcorp Holdings has reported a 9 per cent increase in revenue to AUD$5.69bn for the fiscal year ended 30 June.

The company's Lotteries & Keno segment saw revenue increase by 10 per cent year-on-year to $3.21bn, while revenue from Wagering & Media grew by the same percentage to [...]

1 min read
Entain

Entain grows first half profit as online growth accelerates

London-listed betting and gaming operator Entain enjoyed a strong performance during the first half of 2021 as net gaming revenue (NGR) rose by 11 per cent to £1.79bn.

Buoyed by its 22nd consecutive quarter of double-digit online growth, total online NGR was up 28 per cent at £1.59bn in the first [...]

1 min read

Britain’s online gambling yield falls to £496.1m in June

Britain’s online betting and gaming market declined for the second consecutive month as total gross gambling yield (GGY) fell by 7 per cent sequentially to £496.1m in June.

The latest data from the Gambling Commission reveals that total bets placed fell by 10 per cent month-on-month to 6.2bn, while total active [...]

1 min read
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