Following last week's publication of the UK Gambling Act white paper, Gaming Intelligence assesses its impact on the industry.
BackgroundIn September 2007 the current UK Gambling Act came into force. It marked a milestone in the modernisation of the UK’s gambling legislation that had begun with the formation of the Gambling [...]
The Australian state of Victoria will increase its online betting point of consumption tax by 50 per cent next year.
The Point of Consumption Tax (POCT) will increase from 10 per cent of net wagering revenue to 15 per cent from 1 July 2024, with half of the proceeds earmarked for [...]
PointsBet has reported a 39 per cent increase in net win to a record AUD$106.6 million for the financial third quarter ended 31 March, with net win from North America more than doubling during the period.
Sports betting handle grew by 4 per cent year-on-year to $1.45 billion, with US handle [...]
The UK Tote Group has made changes to its senior management team with Joe Knapman named chief commercial officer of international and Dave Hammond appointed chief commercial officer for the UK.
In his new role Knapman will be responsible for driving the performance of the company’s international B2B business, which has [...]
The Department for Culture, Media and Sport (DCMS) has released its long-awaited review of gambling legislation in Great Britain.
The key findings of the review have been well publicised prior to today’s publication and contain few surprises.
Operators licenced to provide online gambling to consumers in Britain will be required to pay [...]
Flutter Entertainment has named John Bryant as the company’s next chair to replace Gary McGann.
Bryant will join the board of directors of Flutter Entertainment as non-executive director and chair designate today and will assume the role of chair from 1 September.
He will also be appointed to the nomination and renumeration [...]
Swedish betting and gaming operator AB Trav och Galopp (ATG) struggled in the first quarter of 2023 as net gaming revenue (NGR) fell by 6 per cent to SEK1.19 billion.
The year-on-year decline was mostly due to a 12 per cent fall in NGR from its core horse race betting segment [...]
New York-listed casino and racing operator Churchill Downs Incorporated (CDI) has reported record results for the first quarter of 2023 as revenue rose by 54 per cent to $559.5 million.
The growth compared to a year ago was driven by a strong performance from the company’s Live and Historical Racing segment, [...]
Betsson has continued its run of record quarterly revenue into the first quarter of 2023.
The Stockholm-listed online betting and gaming operator grew revenue by 30 per cent to €221.9 million in the first quarter, with casino revenue up 36.9 per cent to €152 million and sportsbook revenue up 19.1 per [...]
Revenue from Nevada’s gambling sector fell by 3 per cent to $1.31 billion in March, although it was up against a 20-month high in its previous year comparison.
Nevada’s slot machine revenue was at its highest level in the last five years at $906.5 million, despite being less than 1 per [...]
Germany’s states collected €666.1 million in gambling taxes during the first quarter of 2023, a fall of 5 per cent year-on-year.
The main cause of the decrease was a 43 per cent drop in tax from online slots to €80.1 million. Online slots contributed 12 per cent of gambling tax in [...]
Greece’s gambling market grew by 30 per cent to €29.2 billion in 2022, as the country’s retail gambling sector continued its recovery from the pandemic.
Retail gambling turnover in Greece increased by 57 per cent to €7.9 billion, which was the highest level since 2010.
Greek casinos saw their turnover rise by [...]