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 [...]
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 [...]
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 [...]
Betsson has continued its run of record quarterly revenue into the first quarter of 2023.
The Stockholm-listed online betting and gaming operator grew revenue by 30 per cent to €221.9 million in the first quarter, with casino revenue up 36.9 per cent to €152 million and sportsbook revenue up 19.1 per [...]
Swedish gaming and lottery operator Svenska Spel has reported a solid start to the year as net gaming revenue (NGR) rose by 2 per cent to SEK1.98 billion during the first quarter of 2023.
The year-on-year growth was driven by an 8 per cent improvement in NGR from the company’s online [...]
The Netherlands' ban on untargeted online gambling advertising will come into force in July following publication in the Official Gazette.
The decree was published in the Official Gazette yesterday (19 April) and comes into force on 1 July.
It will ban untargeted advertising on billboards, radio, print and television, and introduce restrictions [...]
Rank Group has reported a 13 per cent increase in like-for-like net gaming revenue in the three-month period ended 31 March.
Like-for-like net gaming revenue (NGR) in the company’s fiscal third quarter ended 31 March climbed to £174.4 million, driven by growth across all segments.
Digital revenue climbed 16 per cent year-on-year [...]
Entain grew net gaming revenue by 15 per cent in the first quarter of this year, with the growth rate rising to 22 per cent with the inclusion of its BetMGM joint venture in the United States.
The London-listed betting and gaming operator today reported a 15 per cent increase in [...]
London-listed betting and gaming operator 888 Holdings has reported a 5 per cent fall in revenue in the first quarter of 2023.
Revenue in the first quarter of the year fell to £446 million from £469 million in Q1 2022, as strong growth in retail was offset by lower online revenue.
The [...]
New York-listed gaming solutions and payments provider Everi Holdings is expanding its digital gaming content through an agreement to acquire certain assets of Video King for $59m.
The acquisition will accelerate the growth of Everi’s Games segment through the acquisition of complementary assets and an established customer base in over 60 [...]
Rank Group’s UK bingo brand Mecca Bingo has agreed an exclusive partnership with long-running ITV show Loose Women.
The agreement designates Mecca Bingo as an official bingo partner of the popular TV show and includes the launch of a new Loose Women-themed bingo game room on meccabingo.com.
The online 50 ball bingo [...]
Spanish gaming operator Codere Group is looking to raise €100 million from existing shareholders after completing a strategic review of its operations and capital structure.
The company explained that while its financial performance had improved since Covid-19 measures were relaxed during 2022, it continues to face headwinds and liquidity pressures.
As a [...]