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British iGaming yield at £3.1bn in six months to September 2020

Britain’s Gambling Commission has released data for the six-month period ended September 2020, with the regulated online and land-based gambling market generating total gross gambling yield (GGY) of £5.9bn.

With Covid-19 and various lockdown rules and restrictions impacting operators during the period, the Remote gambling market was the largest combined sector [...]

1 min read
Playtech

Playtech online growth offsets retail struggles in strong start to 2021

London-listed gaming technology provider Playtech remains confident in its prospects for the remainder of the year after recording “very strong” online growth during the first four months of 2021.

Alongside announcing the sale of its Finalto financial trading business Wednesday, Playtech reported strong online growth driven by the company’s B2B and [...]

1 min read

Novomatic restructures global operations division

Novomatic has implemented a new structure to strengthen its Global Operations division, which will be headed up by newly appointed vice president of global operations Thomas Komnacky.

After successfully restructuring its Global Sales and Product & Logistics division in the past year, Novomatic is continuing its program of transformation by [...]

2 mins read

Playtech launches new Spirit Twister Bingo game

London-listed gaming technology provider Playtech has expanded its bingo portfolio with the launch of new variant game Spirit Twister Bingo.

Based around the theme of “spirit animals” and gems, Spirit Twister Bingo is a 75-ball variant, offering a multiplier bonus, progressive jackpot and higher chances of winning.

At the start of a [...]

2 mins read
Lithuania

Lithuania to prohibit all gambling promotions from 1 July

The Lithuanian government has moved to ban the promotion of all forms of gambling from 1 July across the country.

Amendments to the country’s Law on Gambing were adopted late last week with 105 votes in favour and 14 abstentions.

This means that from 1 July, land-based and online operators will be [...]

1 min read
Codere

Codere posts strong online growth in Q1 as retail woes continue

Madrid-listed betting and gaming operator Codere has reported a 24 per cent increase in revenue from its growing Online business to €19.8m in the first quarter of 2021.

Despite the strong growth online, total Q1 revenue fell by 54 per cent year-on-year to €127.2m as the company’s land-based operations were hit [...]

1 min read

Online growth drives Sweden gambling market to SEK6.2bn in Q1

Sweden’s licensed online and land-based gambling market grew by 5 per cent to SEK6.2bn (€608.7m) in the first quarter of 2021.

According to the latest data from the Swedish tax authority, gross gaming revenue (GGR) from commercial online betting and gaming accounted for nearly two-thirds of the total with GGR of [...]

1 min read

888 forms M&A ‘hit squad’ in new London corporate hub

888 Holdings is set to embark on an ambitious new growth strategy with new chief strategy officer Vaughan Lewis forming a new corporate hub to execute the plan from London.

In an exclusive interview with Gaming Intelligence, Lewis laid out his three-pronged strategy to build the business through strategic and transformational [...]

1 min read

Holland Casino selects Playtech as long-term iGaming partner

London-listed gaming technology supplier Playtech will serve as the long-term software and services partner of Holland Casino in the soon to regulate Netherlands iGaming market.

Playtech will provide its full turnkey multichannel technology and certain ancillary services to the state-owned casino operator, including its IMS platform and sports betting, online casino, [...]

3 mins read

British gross gambling yield rises in March as active players climb 17%

Britain's Gambling Commission has released new data showing the impact of Covid-19 restrictions on online gambling behaviour in March 2021, with gross gambling yield (GGY) climbing 4 per cent compared to the previous month.

With all land-based premises closed since December, data from operators covering approximately 80 per cent of the [...]

1 min read
Gambling Commission

Gambling Commission suspends Nektan’s operating licence

Britain’s Gambling Commission has suspended the operating licence of Nektan (Gibraltar), which went into administration last year.

The suspension follows an ongoing review into the operator, after the regulator suspected that Nektan had breached conditions of its licence, was unsuitable to carry on with its licensed activities, and that the licensed [...]

2 mins read
Betsson

Casino drives Betsson revenue growth in first quarter of 2021

Stockholm-listed Betsson Group grew first quarter revenue to SEK1,592.8m (approx. €157m) following a strong performance in the casino vertical.

Betsson’s first quarter revenue was 12 per cent higher than a year ago, primarily as a result of acquisitions, with organic growth of 2 per cent.

Casino revenue grew by 16 per cent [...]

1 min read
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