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Playtech

Playtech launches Giddy Up Bingo in partnership with Betfred

London-listed gaming technology supplier Playtech has partnered with Betfred to launch a horse racing-themed Bingo variant, Giddy Up Bingo.

Giddy Up Bingo gives players the option to pick one of four horses – each representing a different ticket price – with proportionally increasing prizes depending on the stake. Within the game, [...]

2 mins read

British political think-tank calls for statutory problem gambling levy

British political public policy think-tank The Social Market Foundation has called for a new multimillion-pound statutory levy to fund the prevention and treatment of gambling-related harm in the United Kingdom.

The call accompanies the publication of a report by the SMF which proposes the creation of a new independent health board [...]

1 min read
Alabama

Alabama gaming and lottery bill passes first hurdle

Alabama’s Senate Tourism Committee has reported favourably on a proposal to license and regulate casino gaming and sports betting, and to establish a state lottery to fund education.

Proponents of the bill estimate that net proceeds from the proposed lottery would amount to between $198m and $285m annually, primarily for the [...]

1 min read
Loto-Quebec

Loto-Québec sees revenue climb 70% despite lottery decline

Canadian provincial lottery operator Loto-Québec has reported a 70 per cent increase in revenue to CAD$225.5m for the third quarter of its 2021/22 financial year.

Revenue for the three-month period ended 27 December was significantly ahead of the same period last year, when land-based casinos and gaming halls were closed due [...]

1 min read
888 Holdings

888 profits as full year revenue nears $1bn mark

London-listed betting and gaming operator 888 Holdings has reported a 15 per cent increase in revenue to a record US$980.1m in 2021, benefiting from strong growth from its gaming products.

The year-on-year revenue growth was driven by double-digit B2C growth in most of the operator’s core and growth markets, with regulated [...]

1 min read

Swedish gambling market grows 5% to €2.4bn in 2021

Sweden’s licensed gambling operators recorded a 5 per cent increase in net sales to SEK26.03bn (€2.4bn) in 2021, buoyed by a strong performance during the final quarter of the year.

Net sales in Q4 were up 2 per cent year-on-year at SEK7.01bn, buoyed by growing contributions from the land-based Casino Cosmopol [...]

1 min read
Danske Spil

Online gaming drives Danske Spil revenue growth in 2021

Denmark’s state-owned gaming operator Danske Spil has reported a 2 per cent increase in gross gaming revenue to DKK4.83bn (€649.2m) in 2021, driven by strong growth online.

Danske Spil said that it made solid progress during the year, despite the impact of Covid-19 restrictions on its land-based operations and the introduction [...]

1 min read
Brazil

Brazil’s Senate remains split ahead of second reading of gambling bill

Brazil's Senate is set to debate a second reading of the gambling bill that would legalise and regulate casinos, bingo halls, iGaming and Jogo de bicho.

The lower house approved the bill (PL 442/1991) on 24 February at its first reading and it will now be considered by Senators, many of [...]

1 min read
Entain

Online growth takes Entain’s full year revenue to £3.89bn

London-listed betting and gaming giant Entain has reported a 7 per cent rise in net gaming revenue (NGR) to £3.89bn in 2021, benefiting from a ninth consecutive year of double-digit online growth.

Despite 2021 being another year disrupted by Covid-19 and temporary shop closures, Entain delivered strong underlying growth, with online [...]

1 min read
IGT

Record year for IGT as 2021 revenue grows to $4.1bn

New York-listed International Game Technology (IGT) has reported a 31 per cent increase in revenue to $4.09bn in 2021, generating record operating income of $902m for the year.

IGT said that it met or exceeded all of its financial goals in 2021, posting double-digit growth across all three of its business [...]

1 min read
888 Holdings

888 fined £9.4m in latest enforcement action by Gambling Commission

London-listed betting and gaming operator 888 Holdings has been fined £9.4m by Britain’s Gambling Commission for social responsibility and money laundering failures.

The fine relates to failings in the operator’s historical safer gambling and anti-money laundering policies and procedures in the United Kingdom, which were discovered during the Commission’s compliance assessment [...]

1 min read
Flutter Entertainment

Flutter Entertainment widens loss despite strong revenue growth in 2021

London-listed betting and gaming operator Flutter Entertainment has reported group revenue of £6.04bn for 2021, with strong growth in sports offsetting flat gaming revenue.

Flutter’s full year revenue increased by 37 per cent year-on-year on a reported basis, with the company benefiting from a full year’s contribution from The Stars Group [...]

1 min read
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