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Boyd Gaming

Boyd Gaming completes acquisition of Pala Interactive

New York-listed casino operator Boyd Gaming has completed its previously announced acquisition of iGaming technology supplier Pala Interactive.

The $170m acquisition from the Pala Band of Mission Indians will drive Boyd’s expansion in the online gaming market by giving the company a proprietary player account management system and online casino, poker, [...]

2 mins read

Nigeria promotes online gambling licenses

Nigeria’s National Lottery Regulatory Commission (NLRC) is looking to attract offshore online betting and gaming operators to the country after winning a long-running battle for authority over licensing.

The National Lottery Regulatory Commission and state authorities such as the Lagos State Lotteries Board each previously claimed authority over licensing and taxation, [...]

1 min read
Playtech

Playtech names Chris McGinnis as new finance chief

London-listed gaming technology supplier Playtech has appointed Chris McGinnis to succeed Andrew Smith as chief financial officer (CFO).

Smith will step down as CFO and executive director at the end of November due to personal reasons, having been with Playtech for seven years.

“On behalf of the Board, I would like to [...]

2 mins read
Paul Scully MP-DCMS

BGC welcomes Paul Scully as Britain’s new gambling minister

Britain’s Betting and Gaming Council has welcomed the appointment of Paul Scully MP as Minister responsible for the betting and gaming industry.

Scully becomes the third minister to hold the position this year after Chris Philp resigned from the role in July, with Damian Collins announcing his resignation last week.

Scully will [...]

3 mins read

Sports betting drives South Africa gambling recovery

South Africa’s gambling market recovered strongly from the pandemic in the financial year to March 2022, with growth in all sectors contributing to record annual revenue of R34.43bn (€1.90bn).

The revenue performance in 2021/22 was an increase of 48 per cent on the previous year, in which restrictions to curb the [...]

1 min read
Kindred Group

Kindred Group eyes return to growth following Netherlands re-entry

Stockholm-listed Kindred Group has reported a 7 per cent fall in revenue to £277.8m in the third quarter of 2022.

The revenue total includes £8.9m in revenue from Relax Gaming and £3.8m in intercompany eliminations, with gross winnings revenue from B2C amounting to £271.9m, down from £298.4m in the third quarter [...]

1 min read

Codere Group restructures senior management team

Spain and Latin America-facing gaming operator Codere Group has restructured its senior management team with a number of new appointments, including a new finance chief.

Codere said that the changes were part of its commitment to reinforce the group’s capabilities, with the new senior management team to serve under the leadership [...]

1 min read
Betsson

Latin America growth drives record quarter for Betsson

Stockholm-listed betting and gaming operator Betsson Group grew third quarter revenue by 18 per cent to €200.3m, including organic revenue growth of 35 per cent.

The record quarterly performance was driven by an 8.2 per cent year-on-year increase in casino revenue to €135.4m and a 44.9 per cent increase in sportsbook [...]

1 min read
Svenska Spel

Svenska Spel grows online revenue to 50% of third quarter total

Swedish gaming and lottery operator Svenska Spel has recorded a 1 per cent decline in third quarter net gaming revenue (NGR) to SEK1.95bn, with half of the total now generated online.

The year-on-year decline was driven by a 7 per cent drop in NGR from the company’s Sport & Casino division [...]

1 min read

Gambling participation in Britain nears pre-pandemic levels

The latest survey data from Britain’s Gambling Commission shows that overall gambling participation rates remain below pre-pandemic levels, despite increased participation in National Lottery games and betting and gaming in retail.

The proportion of respondents participating in at least one form of gambling in the past four weeks to September 2022 [...]

1 min read

Pragmatic Play rolls out online bingo content to bet365

iGaming supplier Pragmatic Play has launched its online bingo content with leading operator bet365.

Following an agreement to provide its slot portfolio to the operator in May, Pragmatic Play’s bingo product has  now gone live in the UK and bet365’s global market, with others markets to follow in the near future.

The rollout [...]

2 mins read
Flutter Entertainment

Flutter names new finance chief with Jonathan Hill set for COO role

London-listed betting and gaming operator Flutter Entertainment has named Paul Edgecliffe-Johnson as its next finance chief to replace Jonathan Hill, who moves to the newly established role of group chief operating officer.

Edgecliffe-Johnson brings 25 years' experience in finance and international businesses, and currently serves as CFO and group head of [...]

2 mins read
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