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Swedish court clarifies turnover concept for regulator’s penalty fees

Swedish gambling regulator Spelinspektionen has been ordered to re-examine the way it imposes penalty fees to operators after a ruling by Sweden’s Supreme Administrative Court.

In its judgment on a case involving operator Genesis Global and Spelinspektionen concerning warnings and penalties issued under the country’s Gambling Act, the Court noted that [...]

1 min read
NeoGames

NeoGames sees strong revenue growth continue into first quarter

New York-listed lottery and gaming supplier NeoGames has seen revenue soar by 187 per cent to $64.3 million in the first quarter of 2023, buoyed by its acquisition of Aspire Global and share of NeoPollard Interactive (NPI) revenue.

In a strong start to the year, iLottery revenue grew by 9 per [...]

1 min read

Belgium gambling revenue leaps 25% to €1.21 billion

Belgium’s gambling revenue leapt by 25 per cent to €1.21 billion in 2021, according to data published by the country’s Gaming Commission.

The land-based gambling sector in Belgium was still restricted by pandemic measures in 2021 and was up by just 6 per cent to €397.1 million, still almost half pre-pandemic [...]

1 min read

Bally’s sees first quarter revenue near $600 million mark

Bally’s Corporation has reported a 9 per cent increase in revenue to $598.7 million in the first quarter of 2023, benefiting from a record performance from its Casinos & Resorts segment.

Revenue from Casino & Resorts increased by 17 per cent to $328.8 million during Q1, while North America Interactive revenue [...]

1 min read

Bally’s names Marcus Glover as CFO; Patel appointed vice chairman

Bally’s Corporation has strengthened its senior executive team with the appointment of Marcus Glover as executive vice president and chief financial officer, while also appointing Jaymin B. Patel as vice chairman.

Glover takes over as executive vice president and CFO from Bobby Lavan, who is leaving the company to pursue another [...]

1 min read
IGT

IGT grows first quarter revenue despite Lottery decline

International Game Technology (IGT) has posted a 1 per cent increase in revenue to $1.06 billion for the first quarter of 2023, as growth from its Global Gaming and PlayDigital divisions offset a decline in lottery.

Global Lottery revenue fell 8 per cent to $624 million due to the sale of [...]

1 min read

Strong growth for Codere as 2022 revenue rises to €1.31 billion

Spanish gaming operator Codere has reported a 67.5 per cent increase in revenue to €1.31 billion for 2022, with results boosted by a strong recovery in Argentina and Italy after Covid restrictions were lifted.

Revenue in Argentina more than doubled to €346.9 million during the year, despite revenue in the final [...]

1 min read
Flutter Entertainment

Flutter Entertainment grows first quarter revenue to £2.4 billion

London-listed betting and gaming operator Flutter Entertainment has enjoyed a strong start to the year as revenue increased by 54 per cent to £2.41 billion in the first quarter of 2023.

The growth versus the same period last year was attributed to strong recreational customer growth across all divisions, with average [...]

1 min read

UK Gambling White Paper assessment

Following last week's publication of the UK Gambling Act white paper, Gaming Intelligence assesses its impact on the industry.

Background

In September 2007 the current UK Gambling Act came into force. It marked a milestone in the modernisation of the UK’s gambling legislation that had begun with the formation of the Gambling [...]

1 min read

UK gambling tax surpasses £3.25 billion in 2022

Total gambling tax in the United Kingdom grew by 9 per cent to a record £3.25 billion in the calendar year 2022.

Lottery duty was the largest contributor with £974.2 million (30 per cent), although this was a 5 per cent fall on the previous year.

Remote Gaming Duty (RGD) was also [...]

1 min read

British Government publishes review of gambling legislation

The Department for Culture, Media and Sport (DCMS) has released its long-awaited review of gambling legislation in Great Britain.

The key findings of the review have been well publicised prior to today’s publication and contain few surprises.

Operators licenced to provide online gambling to consumers in Britain will be required to pay [...]

5 mins read
Flutter Entertainment

Flutter Entertainment names John Bryant as next Chair

Flutter Entertainment has named John Bryant as the company’s next chair to replace Gary McGann.

Bryant will join the board of directors of Flutter Entertainment as non-executive director and chair designate today and will assume the role of chair from 1 September.

He will also be appointed to the nomination and renumeration [...]

3 mins read
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