Bingo News

Toronto, Ontario

Ontario’s AGCO names Karin Schnarr as CEO

The Alcohol and Gaming Commission of Ontario (AGCO) has hired Karin Schnarr as CEO and registrar to replace the retiring Tom Mungham.

Schnarr will assume the role with the regulator on 18 September, bringing extensive experience from the academic, public-sector, and private-sector consulting environments.

She is currently an associate professor at the [...]

2 mins read

GamCare appoints D’Arcy Myers as interim CEO

Britain’s leading problem gambling support organisation GamCare has appointed D’Arcy Myers as interim CEO.

Myers is a highly experienced independent charity consultant with expertise in strategic development and change processes in not-for-profit organisations.

A charity CEO for twelve years, he has successfully led a number of charities through periods of change including [...]

1 min read
Rank Group

Rank Group swings to loss in FY22/23

Rank Group has reported net gaming revenue of £681.9 million for the financial year ended 30 June 2023, an increase of 6 per cent year-on-year.

Rank’s Enracha venues segment in Spain recorded the strongest growth during the year as net gaming revenue (NGR) climbed by 21 per cent to £36.4 million, [...]

1 min read

Rank brings in Keith Laslop as Board member

Rank Group has expanded its Board with the appointment of Gamesys’ former finance chief Keith Laslop as a non-executive director.

Laslop will join the company’s Board from 1 September and will also serve as a member of the Audit Committee.

Laslop co-founded Intertain Group and served as chief financial officer at Gamesys [...]

2 mins read

Entain revenue tops £2.4 billion in first half of 2023

Entain has reported a 14 per cent increase in net gaming revenue (NGR) to £2.40 billion for the first half of 2023, benefiting from strong performances in both Online and Retail.

Online NGR was 15 per cent ahead of last year at £1.68 billion, with Sports NGR up 6 per cent [...]

1 min read
Philippines Flag

Philippines Q2 2023 gaming revenue rises by 28%

Gaming revenue in the Philippines increased by 28 per cent to PHP67.44 billion (€1.09 billion) in Q2 2023, according to data published by the country’s gambling regulator PAGCOR.

The second quarter of 2023 was the third consecutive quarter with regulated gaming revenue above PHP65 billion.

Casino gaming accounted for 84 per cent [...]

1 min read
Flutter Entertainment

Flutter Entertainment revenue up 42% in H1 2023

Flutter Entertainment has reported a 42 per cent increase in group revenue for the first half of 2023, aided by the addition of Sisal following its acquisition in August 2022.

Total revenue in the first half of 2023 was 42 per cent higher at £4,809 million, as sports betting revenue climbed [...]

1 min read

SciPlay posts another record quarter as Q2 revenue grows to $189.9 million

Social casino and casual games provider SciPlay has delivered record revenue for the fourth consecutive quarter as revenue increased by 19 per cent to $189.9 million in the second quarter of 2023.

Average daily active users (DAUs) fell marginally to 2.2 million, although average revenue per DAU climbed 26 per cent [...]

1 min read

PAGCOR introduces new offshore gaming regulatory framework

State-owned gaming regulator Philippine Amusement and Gaming Corporation (PAGCOR) is introducing a new regulatory framework for offshore gaming licensees.

The move comes as part of the regulator’s intensified efforts to address illegal activities being linked to offshore gaming operations in the country.

Responding to queries from Senator Risa Hontiveros and Senator Sherwin [...]

2 mins read

Bally’s second quarter revenue tops $606 million

New York-listed gaming operator Bally’s Corporation has reported a 10 per cent increase in revenue to $606.2 million for the second quarter of 2023, buoyed by a record performance from its core Casinos & Resorts segment.

Revenue from Casinos & Resorts grew by 11 per cent to a new quarterly high [...]

1 min read

India finalises betting and gaming tax amendments

India’s Ministry of Finance has finalised plans to tax casinos and real-money online gaming operators that serve players in the country.

Details of the final tax and related collection measures were agreed at the Ministry’s 51st GST Council meeting on Wednesday 2 August.

The amendments will now be incorporated into India’s CGST [...]

1 min read
Toronto, Ontario

iGaming Ontario appoints Heidi Reinhart as new chair

iGaming Ontario has appointed Heidi Reinhart as its new chair to replace Dave Forestell, who has joined the Alcohol and Gaming Commission of Ontario (AGCO).

Reinhart is a partner at global law firm Norton Rose Fulbright and has served as vice chair of the AGCO since October 2020.

She is also a [...]

1 min read
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