The BetMGM joint venture between MGM Resorts International and Entain is expected to achieve positive EBITDA next year as the business continues to capture market share in regulated US jurisdictions.
The companies said Wednesday that the BetMGM JV generated net revenue from operations of approximately $850m in 2021, a five-fold increase [...]
London-listed iGaming technology provider Playtech has agreed a new deal with Banijay Brands to launch a new branded live casino game based on popular TV show, The Million Dollar Drop.
Playtech has been granted exclusive brand rights to The Million Dollar Drop in the US, known internationally as The Money Drop, [...]
London-listed betting and gaming operator 888 Holdings has reported a 14 per cent increase in total revenue to a record $972m for the full 2021 year, despite posting a decline during the final quarter of the year.
The Q4 revenue decline was in line with board expectations, and largely reflected a [...]
iGaming content provider Pragmatic Play has expanded its Latin American team with the addition of Javier Samel as its new Argentina country director.
Samel has over 12 years' experience across the LatAm region, having previously held roles with SportingTech as head of business development and Grupo Boldt as operations manager.
The appointment [...]
Swedish gambling regulator Spelinspektionen has issued a warning to the Swedish Bingo Association for infringing the country’s gambling regulations on its Idrottensbingo.se site.
The regulator said that the Swedish Bingo Association had violated its regulations and general guidelines on gambling responsibility, with the Idrottensbingo.se site missing logos for self-testing, bet limits [...]
Denmark’s regulated gambling market returned to growth in November 2021 as licensed operators recorded year-on-year improvements across all products.
Total gross gaming revenue (GGR) from sports betting, online casino, gaming machines and land-based casinos increased by 23 per cent compared to the prior year period to DKK604m (€81.2m).
Danish Gambling Market: November [...]
Malta-based Soft2Bet has been granted a licence to launch its online sports betting and gaming platform in Denmark for the first time.
The licence from Danish gambling regulator Spillemyndigheden allows Soft2Bet's operator partners to begin offering sports betting to players in Denmark, as well as online casino games such as roulette, [...]
London-listed iGaming technology provider Playtech has agreed a new strategic partnership to provide its iGaming and sports betting platform to Canada’s NorthStar Gaming.
The agreement will see Playtech power NorthStar’s upcoming iGaming launch in Ontario through its IMS platform.
Following the completion of regulatory approvals and Ontario’s licensing process, NorthStar will launch [...]
Flutter Entertainment completed its £402m acquisition of UK bingo market leader Tombola yesterday (January 10), as the market undergoes a massive transformation that affects all the major players.
While Tombola enters a new era under Flutter’s ownership, the software providers of many other leading UK bingo brands are also expected to [...]
Córdoba looks set to become the next Argentinean province to regulate online gambling after regulations were approved by legislators last week.
Bill 34270/L/21 will regulate various iGaming activities, including online casino table games and slots, sports betting and lottery games, and will establish a register of iGaming licensees with ten licences [...]
iGaming content provider Pragmatic Play has appointed Irina Cornides as chief operations officer.
Cornides has over a decade of experience in the iGaming industry, most recently serving as chief commercial officer for Asia at Gamesys (now Bally’s), where she led the fastest growing division within the business.
She served at Gamesys (previously [...]
London-listed gaming supplier Playtech is continuing its discussions with JKO Play regarding a potential acquisition offer, with the ongoing talks leading to the postponement of this month’s planned shareholder meeting to approve a rival bid by Aristocrat.
Playtech has been discussing a potential sale of the company to JKO Play since [...]