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Entain

Entain Foundation partners UNLV for pioneering research initiative

The Entain Foundation is supporting a pioneering betting and gaming research initiative by the University of Nevada, Las Vegas (UNLV).

The research initiative will combine scientific research with operational expertise to apply best practice in responsible gambling, policy and health.

“For the first time in this field, this initiative brings vital academic [...]

2 mins read
European Commission

Norway pushes ahead with DNS site blocking proposal

The government of Norway is seeking European Commission approval for its plan to use DNS blocking against unlicensed online gambling websites.

The proposal would allow the Norwegian Gaming Authority to order internet service providers to implement DNS-blocking of websites that target the state-controlled Norwegian gambling market without authorisation.

The Gaming Authority would [...]

1 min read

Entain to consider improved acquisition offer from DraftKings

The board of Entain has said it will consider DraftKings’ $22bn offer to acquire the business, while also highlighting the strength of its existing business and US joint venture with BetMGM.

The board of directors said they would carefully consider the £28 per share offer from DraftKings, having rejected a £25 [...]

2 mins read
Entain

DraftKings makes bid to acquire Entain

London-listed betting and gaming operator Entain has confirmed that it has received a proposal from DraftKings to acquire the business.

In response to recent media speculation that DraftKings had made an offer of more than $20bn for its business, Entain’s board said only that the consideration would include a combination of [...]

3 mins read
Scientific Games

Scientific Games appoints Connie James as new finance chief

New York-listed gaming and lottery supplier Scientific Games has named Connie James as chief financial officer (CFO).

James will begin her new role as executive vice president and CFO, Treasurer and corporate secretary on 15 October, taking over from current CFO Mike Eklund, who is stepping down to pursue other opportunities.

James [...]

3 mins read

Britain’s online gambling yield falls for third consecutive month

Britain’s largest gambling operators representing approximately 80 per cent of the online gambling market have reported an 8 per cent fall in gross gaming yield in July 2021.

Gross gambling yield (GGY) amounted to £456.45m in July compared to £496.06m in June and £459.15m in July 2020, marking the third consecutive [...]

1 min read
Intralot

Sports betting boosts Intralot first half revenue

Athens-listed lottery and gaming solutions provider Intralot has reported a 34 per cent rise in group turnover to €202.6m in the first half of 2021, with sports betting in the comparable period last year negatively impacted by the Covid-19 pandemic.

After seeing solid growth during the first quarter of 2021, Intralot’s [...]

1 min read

888 Holdings agrees £2.2bn acquisition of William Hill International

London-listed 888 Holdings has agreed a deal with Caesars Entertainment to acquire the non-US business of William Hill at an enterprise value of £2.2bn.

The acquisition will be effected by means of a reverse takeover and is expected to deliver pre-tax cost synergies of approximately £10m in 2022, rising to around [...]

1 min read
Sportech

Sportech grows H1 revenue as Connecticut wagering recovers

London-listed betting technology supplier Sportech has reported a 59.5 per cent increase in revenue from continuing operations to £13.4m during the first half of 2021.

Revenue from Sportech’s Venues business in Connecticut increased by 70 per cent year-on-year to £11.5m, of which £10.7m was derived from wagering, despite Covid-related travel and [...]

1 min read

Shareholders delight as gaming shares bounce back in August

August proved to be a good month for shareholders of many of the leading publicly-listed gaming operators and suppliers, as the combined value of the shares on the Gaming Intelligence Stock List increased by 9 per cent.

After a tricky start to the third quarter of 2021 as gaming shares struggled [...]

1 min read

British gaming industry to create 5,000 apprenticeship roles

Britain’s betting and gaming industry has launched an ambitious plan to create 5,000 apprenticeships for young people over the next five years.

The ‘Plan for Jobs’ initiative is led by the Betting and Gaming Council (BGC), which represents Britain’s betting shops, casinos and the online gaming sector, and is meant to [...]

2 mins read
Flutter Entertainment

Flutter enhances protections for under 25s with new spending limits

London-listed betting and gaming operator Flutter Entertainment has launched a new spending backstop of £500 per month for customers under the age of 25 years across three of its UK and Ireland-facing brands.

The new policy has been designed to further enhance protections for younger customers and encourage sensible spending across [...]

4 mins read
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