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Gambling Commission

Gambling Commission directs £9m to boost UK problem gambling support services

The UK Gambling Commission (UKGC) has directed £9m in funds from regulatory settlements to support problem gambling charity GambleAware during the COVID-19 crisis.

The funds will be used by GambleAware and its partners to help ensure treatment and support services can continue to operate effectively, and withstand additional pressures on their [...]

1 min read
Flutter Entertainment

The Stars Group-Flutter Entertainment merger to complete Tuesday

Listed gaming operators The Stars Group and Flutter Entertainment will complete their merger next week to create one of the largest betting and gaming businesses in the world.

The business combination is expected to complete on May 5 following last week’s approval by both sets of shareholders and receipt of remaining [...]

4 mins read
Finland

Finland wary of offshore gambling as new loss limit introduced

Authorities in Finland have imposed a new monthly loss limit for customers of the country's gambling monopoly Veikkaus.

The government said the loss limits for “fast-paced” online games at Veikkaus will be reduced by 75 per cent from the current €2,000 per month to €500, citing the perceived risk to consumers [...]

1 min read
Bingo Blast

Pragmatic Play rolls out Bingo Blast

Gaming supplier Pragmatic Play has expanded its online bingo range with the release of its latest title Bingo Blast.

Bingo Blast is a mobile-first game which is three to four times faster than the average 90-ball bingo game and is designed to bridge the gap between those who love classic bingo [...]

2 mins read
Gaming Realms

Gaming Realms confident of B2B strategy after 2019 revenue growth

London-listed supplier Gaming Realms has reported an 11.5 per cent increase in revenue from continuing operations to £6.9m for 2019, following the sale of its customer-facing business.

Licensing revenue increased by 84 per cent to £4.1m during the year, benefiting from the expansion of its games content and distribution to an [...]

1 min read
GVC Holdings

GVC agrees new revolving credit facility to provide greater flexibility

London-listed betting and gaming operator GVC Holdings has agreed a new £535m revolving credit facility (RCF) with its existing lending banks. 

The new RCF is on substantially the same terms as GVC's previous RCF, which has now been cancelled, except for a revised covenant limit. 

As per the previous RCF, the covenant [...]

2 mins read

Red Tiger launches slots with Stride Gaming brands

NetEnt-owned games developer Red Tiger has rolled out its portfolio of slots with Rank Group's Stride Gaming.

Red Tiger's popular titles are now live with Stride Gaming’s UK-facing B2C brands, which include Spin and Win, Kitty Bingo, and Aspers Casino Online.

Among the games included in the initial integration are Wings [...]

2 mins read

BGC members agree to suspend UK gambling advertising

Members of the UK’s Betting and Gaming Council have agreed to suspend radio and TV advertising from next week for at least six weeks.

BGC members include the UK’s leading operators and account for around 50 per cent of gambling advertising on TV and radio, which will be now be suspended [...]

3 mins read
The Stars Group

The Stars Group and Flutter merger set to complete in May

Flutter Entertainment’s proposed combination with The Stars Group is expected to complete next month after receiving shareholder approval.

The Stars Group’s shareholders unanimously approved the proposal on Friday after Flutter Entertainment’s shareholders had similarly approved the £10bn deal earlier in the week.

Following recent approvals from the Irish Competition and Consumer Protection [...]

1 min read
Evolution Gaming

Evolution Gaming launches first lottery style game Mega Ball

Stockholm-listed live dealer provider Evolution Gaming has expanded its range of game show style games with the launch of its new Mega Ball game.

First unveiled at ICE London earlier this year, Mega Ball combines elements of bingo, lottery and slots, and features two bonus rounds where players can win up [...]

2 mins read
Kindred

Kindred Group posts revenue growth but Q1 profit slides

Stockholm-listed operator Kindred Group has reported an 11 per cent increase in first quarter revenue to £249.7m, although profit for the period was impacted by additional restructuring costs, non-cash charges and a provision relating to its disputed regulatory sanction in Sweden.

With the majority of the first quarter largely unaffected by [...]

1 min read
Gamesys Group

Strong first quarter for Gamesys as revenue increases 19%

London-listed online bingo-led operator Gamesys Group said Thursday that it will cease all TV and radio advertising in the UK until current social restrictions are eased, as the company posted a 19 per cent increase in first quarter revenue to £155.3m.

Continuing the trends seen during the final quarter of last [...]

1 min read
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