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Continent 8 targets Asian expansion with latest appointments

Global network solutions provider Continent 8 Technologies is expanding its team in Asia with two new appointments.

Lalaine Vidal joins as business development manager and Christopher Caturay as technical solutions architect, with both to be based out of the Philippines and responsible for supporting the company’s growing customer base across the [...]

4 mins read

Sweden issues first B2B gaming supplier licences

Swedish gambling regulator Spelinspektionen has issued its first B2B gaming supplier licences ahead of its July 1st deadline.

New legislation approved by the Swedish government last November requires gaming software suppliers to be licensed in the country from July 1st, with applications having been accepted since March 1st.

The regulator confirmed that [...]

1 min read
Spain

Spanish online betting and gaming revenue nears €1bn in 2022

Online betting and gaming revenue in Spain grew by 18 per cent to €963.0m in 2022, as both the sports betting and online casino games segments enjoyed record Q4 performances.

In common with other markets, Spain’s online sports betting sector had a strong end to the year because of the FIFA [...]

1 min read
Danske Spil

Danske Spil revenue nears DKK5bn mark in 2022

Denmark’s state-owned gaming operator Danske Spil has reported a 3 per cent increase in gross gaming revenue to DKK4.98bn (€668.2m) in 2022.

The company’s core Danske Lotteri Spil division saw GGR climb by 1 per cent to DKK2.81bn, offsetting a 9 per cent drop in GGR to DKK1.66bn from Danske Licens [...]

1 min read
Toronto, Ontario

Ontario gambling regulator Tom Mungham to retire

Canada’s Alcohol and Gaming Commission of Ontario (AGCO) has begun the search for a new Registrar and CEO to replace Tom Mungham.

Mungham will step down later this year after more than 33 years of public service, including 17 years at the AGCO, most recently overseeing the development and regulatory oversight [...]

2 mins read

Sweden gambling revenue grows 5% to €2.4bn in 2022

Gambling revenue in Sweden increased by 5 per cent to SEK27.4bn (€2.4bn) in 2022, helped by 6 per cent growth in the commercial iGaming sector.

Commercial iGaming revenue was SEK17.2bn and accounted for 63 per cent of all Swedish gambling revenue in 2022.

The sector’s revenue was up by 5 per [...]

1 min read

Buzz Bingo to close nine retail bingo clubs in the UK

Buzz Bingo is expected to close nine of its retail bingo clubs in the United Kingdom due to the ongoing and challenging operating environment.

The proposed closure of nine of its 91 bingo clubs will also lead to 151 of Buzz’s 2,456 employees being laid off.

The company explained that it has [...]

1 min read

Belgium adopts new gambling advertising bill

Belgium’s new gambling advertising restrictions will come into force in less than four months.

Following publication in Belgium’s Official Gazette this week, the new law will come into force on July 1, 2023, although some of the restrictions around sport sponsorship will be phased in to allow for existing agreements to [...]

1 min read
Entain

Retail recovery drives Entain revenue growth but profit falls 93%

London-listed betting and gaming operator Entain grew full year net gaming revenue by 12 per cent to £4.35bn in 2022, with growth in retail operations offsetting a slight decline online.

Total online net gaming revenue (NGR) was below the company’s expectations and fell by 1 per cent to £3.05bn in 2022, [...]

1 min read
Loto-Quebec

Loto-Québec revenue climbs to CAD$2.2bn

Canadian provincial lottery operator Loto-Québec has reported a 31 per cent increase in total revenue to CAD$2.23bn for the first nine months of its 2022/23 fiscal year.

The strong performance was driven by a 22 per cent increase in revenue to $758.9m in the fiscal third quarter ended 26 December, which [...]

1 min read
Philippines Flag

Philippines gambling revenue jumps 90% in 2022

Total PAGCOR-regulated gaming revenue in the Philippines soared by 90 per cent in 2022 to PHP214.3bn (€3.6bn), with revenue in the final quarter of the year above PHP65bn.

Casino gaming accounted for 86 per cent of revenue at PHP184.0bn in 2022, as casino revenue in the fourth quarter returned to the [...]

1 min read
Flutter Entertainment

Flutter full year revenue grows 27% as US tops £2.6bn

London-listed betting and gaming operator Flutter Entertainment has reported strong results for 2022 as group revenue increased by 27 per cent to £7.69bn, including £2.6bn in revenue from the United States.

Revenue from sports betting grew by 21 per cent year-on-year to £4.79bn, while gaming revenue was up 23 per cent [...]

1 min read
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