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Rank Group

Rank’s Steven Esom to step down from board after 6 years

London-listed casino and bingo operator Rank Group has confirmed that Steven Esom will step down at the end of this year as a non-executive director and chair of the Remuneration Committee.

Esom has notified the board of his intention to step down on 31 December, having completed over six years on [...]

2 mins read

US iGaming revenue tops $450m in October

Regulated iGaming gross revenue in the United States reached $450m in October, marking a new monthly high and taking gross revenue for the year-to-date above $4bn.

October’s revenue figure marked a 26 per cent year-on-year improvement as each of the six reporting states posted double-digit growth or better.

New Jersey is the [...]

1 min read
Spain

Spanish operators pay €88m in fines in first half of 2022

Spain’s Ministry of Consumer Affairs has revealed that sanctions were issued against 53 online sports betting and gaming operators during the first half of 2022, with the country’s gambling regulator imposing more than €88m in fines.

The sanctions follow the introduction of new regulations by the Dirección General de Ordenación del [...]

1 min read

Buzz Bingo promotes Dominic Mansour to CEO role

UK retail and online bingo operator Buzz Bingo has named Dominic Mansour as its next chief executive.

Mansour currently serves as the company’s digital chief operating officer and takes over as CEO next month, replacing Chris Matthews, who is stepping down after five years in the role.

“Chris has successfully led the [...]

2 mins read

Lottomatica agrees €310m acquisition of Betflag

Italian betting and gaming operator Lottomatica is looking to strengthen its position in its home market with the acquisition of online operator Betflag.

Lottomatica has agreed a deal to acquire 100 per cent of the share capital of Betflag for a consideration of €310m on completion, subject to adjustments based on [...]

1 min read
Codere Online TV Azteca

Mexico and Spain drive Codere Online Q3 revenue growth

Nasdaq-listed online betting and gaming operator Codere Online has reported another quarter of strong growth as net gaming revenue (NGR) climbed 54 per cent to €30.6m in the third quarter of 2022.

The year-on-year growth was driven by an 82 per cent increase in Mexico NGR to €12.9m, while NGR from [...]

1 min read
Dublin, Ireland

Irish Government approves publication of Gambling Regulation Bill

The Government of Ireland has approved the publication of a long-awaited bill to regulate online and land-based gambling.

Irish premier Micheál Martin described today’s Cabinet approval as significant and the bill as “unquestionably a major milestone”.

“It is an important and necessary piece of legislation, designed to meet the challenges of gambling [...]

1 min read

Novomatic acquires leading Italian operator HBG Gaming

Novomatic is set to become one of the largest gaming operators in Italy with the acquisition of HBG Gaming.

HBG Gaming has been licensed in the regulated Italian market since 2000 and currently operates more than 20,000 AWP machines, 4,800 VLT machines, as well as 18 bingo halls and 52 betting [...]

1 min read
Flutter Entertainment

Flutter Entertainment benefits from US and International growth in Q3

Flutter Entertainment has reported a 31 per cent increase in revenue to £1.89bn in the third quarter, with declining revenue in Australia and UK & Ireland Retail offset by strong growth in other markets.

The third quarter revenue growth was driven by a 17 per cent increase in Sports revenue to [...]

1 min read
IGT

IGT see third quarter revenue climb 8% despite lottery decline

New York-listed International Game Technology (IGT) has posted net income of $264m for the third quarter of 2022, after seeing consolidated revenue climb 8 per cent to $1.06bn.

The year-on-year revenue growth was driven by a 31 per cent increase in Global Gaming revenue to $379m, which the supplier attributed to [...]

1 min read
Denmark

iGaming the only source of growth in September in Denmark

Online gambling was the only sector to record year-on-year revenue growth in the Danish market for September, rising by 14 per cent to DKK236.9m (€31.8m).

Sports betting revenue was unchanged at DKK213.6m in September, while land-based casino revenue fell by 2 per cent to DKK34.0m, and gaming machine revenue was down [...]

1 min read
Danske Spil

Klasselotteriet acquisition pushes Danske Spil revenue up to DKK3.6bn

Denmark’s state-owned gaming operator Danske Spil has reported a 2 per cent increase in gross gaming revenue (GGR) to DKK3.60bn (€483.7m) for the nine-month period ended 30 September.

The company’s core Danske Lotteri Spil division saw GGR fall by 1 per cent to DKK2.01bn, with a strong performance from the Eurojackpot [...]

1 min read
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