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Gambling Commission

Neil McArthur steps down as Gambling Commission CEO

Britain’s Gambling Commission has confirmed the departure of CEO Neil McArthur after nearly fifteen years of service with the regulator.

McArthur joined the Commission in 2006 and was general counsel before rising to the role of chief executive in 2018.

During his tenure as chief executive, the Gambling Commission has gone through [...]

3 mins read

Gaming Innovation Group on top as gaming shares rebound in February

After a slow start to the year in January, there was better news for industry stakeholders in February as shares in the leading operators and suppliers rose by a combined 5.6 per cent by month end.

After posting a decline of 7.8 per cent last month, the 50 publicly-listed operators and [...]

1 min read
Entain

Entain posts 2020 revenue of £3.6bn as international gains offset by COVID-19 impact

London-listed betting and gaming operator Entain has reported flat net gaming revenue (NGR) of £3.63bn for 2020, with strong growth in international operations offset by the impact of the COVID-19 pandemic on its retail businesses.

In the first half of the year, NGR decreased by 11 per cent, with a strong [...]

1 min read
William Hill

William Hill posts 2020 profit despite COVID-19 impact on retail

London-listed betting and gaming operator William Hill has reported a 16 per cent fall in net revenue to £1.32bn for 2020, as the COVID-19 pandemic led to the disruption of live sporting events and closures and restrictions to retail.

Retail net revenue was down by 51 per cent at £354.2m in [...]

1 min read
FanDuel

FanDuel appoints Amy Howe to newly created president role

US sports betting and fantasy sports giant FanDuel Group has appointed Amy Howe to the newly created role of president.

Howe will join FanDuel’s executive leadership team and take responsibility for leading the company’s core commercial functions across its sportsbook, casino, racing and daily fantasy units.

She joins FanDuel from Live Nation [...]

2 mins read
Flutter Entertainment

Flutter slips to 2020 loss as Stars’ acquisition weighs on bottom line

London-listed Flutter Entertainment has posted a 106 per cent increase in reported group revenue to £4.4bn in 2020, including results from The Stars Group (TSG) from May.

On a pro forma basis, which includes TSG’s results for both 2019 and 2020, group revenue was up 27 per cent year-on-year to £5.26bn [...]

1 min read

Nevada gambling revenue declines for 11th consecutive month

Nevada’s regulated gambling market contracted again in January 2021 as total gaming revenue fell by 27 per cent to $761.8m.

Gaming revenue declined year-on-year for the eleventh consecutive month since the start of the COVID-19 pandemic, although the market recorded growth of 11 per cent compared to the previous month’s $683.7m [...]

1 min read
Churchill Downs

Churchill Downs swings to 2020 loss as pandemic hits revenue

New York-listed racing and gaming operator Churchill Downs Incorporated (CDI) has reported a 21 per cent fall in net revenue to $1.05bn in 2020, despite a record performance from its TwinSpires betting and gaming business.

Net revenue from the Churchill Downs segment was down 44.5 per cent year-on-year at $160.5m, primarily [...]

1 min read

Scientific Games unveils Rainbow Riches Race Day slot

New York-listed gaming supplier Scientific Games has expanded its Rainbow Riches franchise with the launch of a new sports-themed game, Rainbow Riches Race Day.

Inspired by classic horse racing arcade machines, the 6x4 slot features a familiar race format sitting above the reels, with players required to collect horses to advance [...]

3 mins read

Sports betting drives increase in British gross gambling yield in December

Britain’s Gambling Commission has released new data showing the impact of Covid-19 lockdown measures on online gambling behaviour in December 2020.

With retail gambling venues closed during the month of December, online gambling gross gaming yield (GGY) climbed by 30 per cent versus the previous month, driven by strong operator margins [...]

1 min read
ATG

Record year for Sweden’s ATG as revenue hits SEK6.3bn

Swedish betting and gaming operator AB Trav och Galopp (ATG) has posted record results for 2020 as total revenue increased by 19 per cent to SEK6.3bn.

The operator enjoyed strong performances across its racing, gaming and sports betting segments, with the number of active and registered customers in Sweden climbing 8 [...]

1 min read

MansionBet partners ARC in exclusive greyhound sponsorship deal

Gibraltar-based online sports betting operator MansionBet has extended its partnership with Arena Racing Company (ARC) to include exclusive sponsorship of more than 800 greyhound meetings across the UK this year.

The deal will see the MansionBet brand displayed across all four ARC greyhound tracks at Newcastle, Sunderland, Perry Bar and [...]

2 mins read
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