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Spain reinforces match-fixing and betting fraud measures

Spain’s Ministry of Consumption has entered into a data sharing deal with the General Directorate of Police (DGP) to carry out criminal investigations into potential match-fixing and betting fraud.

The agreement will enable the Spanish National Police to analyze and investigate betting alerts detected by a network of entities that are [...]

1 min read

Tjärnström resigns as chief executive of Kindred Group

Kindred Group chief executive Henrik Tjärnström has resigned from the company with immediate effect after almost 13 years in the role.

He has served as the company’s chief executive since 2010, when he was promoted from chief financial officer to succeed Petter Nylander.

Tjärnström announced his resignation late Wednesday (17 May) and [...]

3 mins read
Caesars Entertainment

Caesars enters Kentucky sports betting market with Keeneland and Red Mile

Caesars Entertainment is preparing to enter Kentucky’s regulated sports betting market through partnerships with racetracks Keeneland and Red Mile Gaming & Racing.

The agreements give the operator market access to offer legalized mobile sports wagering in Kentucky when the market opens early next year, and include plans to open Central Kentucky’s [...]

1 min read
888 Holdings

888 strengthens North American management team

London-listed betting and gaming operator 888 Holdings has brought in Ben Hurst as vice president of North American market expansion.

As a member of the North American management team, Hurst will create and implement strategies to grow 888’s presence in the region, with the US and Canada being two of the [...]

2 mins read

Robert Hoskin to step down from Entain’s Board

London-listed betting and gaming operator Entain has confirmed that long-serving executive Robert Hoskin will be leaving the company’s Board at the end of next month.

After 18 years with the group, Hoskin is stepping down as chief governance officer and will leave the Board on 30 June, but remain in role [...]

3 mins read

BetMakers ready to take MonmouthBets online in New Jersey

Sydney-listed BetMakers Technology Group is powering the launch of a new fixed odds horse racing betting offering in New Jersey for leading racetrack Monmouth Park.

Approved by the New Jersey Division of Gaming Enforcement, MonmouthBets is set to take wagers from customers ahead of Monmouth Park’s opening day on Saturday (13 [...]

1 min read

Belgium gambling revenue leaps 25% to €1.21 billion

Belgium’s gambling revenue leapt by 25 per cent to €1.21 billion in 2021, according to data published by the country’s Gaming Commission.

The land-based gambling sector in Belgium was still restricted by pandemic measures in 2021 and was up by just 6 per cent to €397.1 million, still almost half pre-pandemic [...]

1 min read

Bally’s sees first quarter revenue near $600 million mark

Bally’s Corporation has reported a 9 per cent increase in revenue to $598.7 million in the first quarter of 2023, benefiting from a record performance from its Casinos & Resorts segment.

Revenue from Casino & Resorts increased by 17 per cent to $328.8 million during Q1, while North America Interactive revenue [...]

1 min read

US racing wagers fall by 3% in April

Wagering on US thoroughbred racing fell by 3 per cent to $1.05 billion in April as the number of race days fell by 14 versus the same month last year.

Equibase reports that there were 281 race days in April (2022: 295) hosting 2,350 races, a decline of 6 per cent, [...]

1 min read
DraftKings

DraftKings raises revenue guidance as Q1 loss dips under $400m

DraftKings has said that full year revenue should surpass $3.1 billion in 2023 following an 84 per cent increase in revenue to $770 million during the first quarter.

The Q1 revenue growth was driven by a 39 per cent rise in monthly unique payers (MUPs) to 2.8 million, with average revenue [...]

1 min read

Netherlands online gambling revenue hits €1 billion in 2022

The Netherlands’ online gambling sector earned revenue of €1.09 billion in its first full year of operation, according to data published by the country’s gambling regulator Kansspelautoriteit (KSA).

House-banked casino games, including online slots, earned the majority of revenue at €781.2 million (72 per cent), followed by sports betting with €269.1 [...]

1 min read

NYRA secures approval to construct a new Belmont Park

The New York Racing Association (NYRA) has secured approval from the New York State Senate and Assembly to build new thoroughbred racing facilities at Belmont Park.

New York State’s recently approved FY 2024 budget includes legislation authorizing the NYRA to utilize a $455 million loan to embark on the biggest racetrack [...]

3 mins read
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