Gambling revenue in South Africa jumped by 37 per cent to R47.17 billion (€2.36 billion) in the financial year to 31 March 2023, marking a new annual record.
Betting in South Africa accounted for more than 50 per cent of gambling revenue for the first time, and was up by 54 [...]
Sydney-listed gaming supplier Ainsworth Game Technology is undertaking a strategic review to maximise shareholder value.
Ainsworth confirmed Tuesday that it has appointed Macquarie Capital as its financial advisor to undertake a review of all potential opportunities available to the company.
“The strategic review will include a broad range of potential organic and [...]
Flutter Entertainment's Sky Bet brand has teamed up with the English Football League (EFL) to provide £6 million of funding for community projects across England and Wales.
The Building Foundations’ Fund will give 72 EFL clubs a chance to bid for grants of up to £100,000 to invest in ongoing programmes [...]
MGM Resorts International has reported a 16 per cent increase in consolidated net revenue to $3.97 billion for the third quarter of 2023, as growth from MGM China offset declines in its US operations.
MGM China revenue soared by 829 per cent compared to last year to $813 million due to [...]
Gambling revenue in Sweden was SEK20.02 billion (€1.71 billion) in the first three quarters of 2023, with the third quarter posting revenue of SEK6.74 billion.
Third quarter revenue was down by 1 per cent, but there were mixed results for the different gambling sectors.
Commercial iGaming had revenue of SEK4.25 billion, which [...]
Britain’s Gambling Commission has appointed Nick Rust as the inaugural chair of its newly established Industry Forum.
Rust will serve as chair for a two-year term, having previously held prominent positions in the gambling and sport sectors, including a six-year tenure as CEO of the British Horseracing Authority.
The Industry Forum is [...]
Lottery supplier Pollard Banknote has reported a 2.5 per cent increase in revenue to CAD$128.7 million for the third quarter of 2023.
The Lottery segment contributed revenue of $97.9 million (Q3/22: $97.2 million) and Charitable Gaming $17.7 million (Q3/22: $16.6 million), with Pollards’ eGaming Systems segment accounting for the remaining $13.1 [...]
The Seminole Tribe of Florida will create over 1,000 new jobs at its land-based casinos through the launch of its expanded gambling offering next month.
The Seminole Tribe and Seminole Hard Rock plan to launch craps, roulette and sports betting at all six Seminole Casinos, as part of the Gaming Compact [...]
Lottomatica Group has won the race to acquire Italian retail and online betting and gaming operator SKS365.
Lottomatica has entered into an agreement to acquire 100 per cent of the share capital of SKS365, which owns the Planetwin365 and PlanetPay365 brands, as well as a retail network of 1,000 sports betting [...]
New York-listed betting and gaming operator Bally’s Corporation has posted record results for the third quarter of 2023, as revenue increased by 9 per cent to $632.5 million.
The solid Q3 performance was driven by a 9 per cent rise in revenue from the company’s core Casinos & Resorts segment to [...]
Taxes from UK gambling increased by 4 per cent to £2.53 billion in the first nine months of 2023, based on provisional data published by HM Revenue and Customs.
All UK gambling sectors paid more in tax than the comparable period last year, with the exception of Lottery Duty.
Remote Gaming Duty [...]
The Department for Culture Media and Sport (DCMS) has belatedly announced the appointment of seven new commissioners to Britain’s Gambling Commission.
Charles Counsell, Helen Dodds, Sheree Howard and Claudia Mortimore have been appointed for terms of five years, while Lloydette Bai-Marrow, Helen Philips and David Rossington have been appointed for terms [...]