Nevada’s total gambling revenue grew by 4.8 per cent to $1.28bn in October, with the state’s sports betting market having a particularly strong performance.
Sports betting revenue rose 17.7 per cent year-on-year to $56.9m, with revenue from American football wagering climbing 12 per cent to $33.3m - the largest contributor to [...]
Britain’s Gambling Commission has revealed that total online gross gambling yield (GGY) fell by 11 per cent year-on-year to £1.18bn for the July to September 2022 period.
Compared to the previous quarter, online GGY was down by 4 per cent, with the overall number of total bets and spins decreasing by [...]
Churchill Downs Incorporated (CDI) has entered into a multi-year agreement to bring pari-mutuel wagering on horse racing to DraftKings players.
CDI subsidiary TwinSpires will provide advance deposit wagering (ADW) technology to DraftKings, which will launch DK HORSE next year, allowing players to bet on horse racing using a standalone branded app.
The [...]
London-listed betting and gaming operator 888 Holdings will outline plans to improve returns to shareholders at a Capital Markets Day in London later today (Nov. 29).
The company will address the “more challenging” operating environment that it faces due to global macroeconomic conditions and will outline plans to improve profitability by [...]
Britain’s total gross gambling yield increased by 10.9 per cent to £14.08bn in the twelve-month period ended March 31, with a recovery in retail offsetting declines in remote gambling and National Lottery yield.
Online casino represented the largest gambling sector in Great Britain with gross gambling yield (GGY) of £3.90bn, although [...]
Webis Holdings has received a two-year license extension for its WatchandWager.com advanced deposit wagering (ADW) business in California.
The new approval from the California Horse Racing Board (CHRB) runs until 2024, allowing WatchandWager to continue to accept online pari-mutuel wagers from residents of California.
The license sits alongside the company’s long-term lease [...]
Swedish betting and gaming operator ATG has been fined and issued a warning over anti-money laundering failures.
The regulatory action followed an investigation launched by the Swedish Gaming Inspectorate in the autumn of 2021 to examine ATG’s anti-money laundering (AML) compliance.
According to the Gaming Inspectorate's assessment, ATG has failed in its [...]
London-listed betting and gaming operator Entain has completed the acquisition of Croatia’s leading operator SuperSport Group through its new Entain CEE venture.
Entain CEE was established in August through a partnership between Entain and Czech investment firm EMMA Capital to drive expansion in the Central and Eastern European region.
Entain owns 75 [...]
Online betting and gaming operator TonyBet has secured license approval to launch in the Netherlands.
The company has secured licence approval to offer online sports and horse race betting, as well as online casino gaming in the Netherlands.
The new license was officially awarded on November 15 and expires in November 2027.
This [...]
US betting and gaming operator Affinity Interactive has appointed Andrei Scrivens as CEO to succeed the retiring Mary Beth Higgins.
Scrivens takes over as chief executive on January 1, having served as the company’s chief financial officer since 2019.
He succeeds Mary Beth Higgins, who is retiring after a 25-year career [...]
Italian betting and gaming operator Lottomatica is looking to strengthen its position in its home market with the acquisition of online operator Betflag.
Lottomatica has agreed a deal to acquire 100 per cent of the share capital of Betflag for a consideration of €310m on completion, subject to adjustments based on [...]
La Française des Jeux (FDJ) has concluded its discussion with ZEturf Group with an agreement to acquire the online horseracing and sports betting operator.
FDJ announced in September that the company had entered into exclusive negotiations with ZEturf, with those negotiations now resulting in an agreement to buy the business for [...]