Login/Register
Octoplay
Octoplay

Racing News

Entain

Entain benefits from strong retail performance in Q3

London-listed Entain has reported a 2 per cent increase in net gaming revenue for the third quarter of the year.

Retail net gaming revenue (NGR) was 10 per cent higher than Q3 2021 while Online NGR was 1 per cent higher, although this swings to a fall of 2 per cent [...]

2 mins read
Tabcorp

Tabcorp acquires stake in Australian social betting operator Dabble

Sydney-listed Tabcorp Holdings has agreed to invest AUD$33m to acquire a stake in Australian social betting operator Dabble Sports.

Tabcorp will acquire a 20 per cent equity interest in Dabble, and will have the right to appoint a director to the Dabble board.

Founded in 2020, Dabble has a growing customer base [...]

1 min read
American Gaming Association

AGA brings in Maureen Beddis to expand executive team

The American Gaming Association (AGA) has expanded its executive team with the appointment of Maureen Beddis as senior vice president, membership and events.

Beddis will join the AGA on 31 October after serving 16 years at The Vision Council, a non-profit trade association for manufacturers and suppliers of the US optical [...]

2 mins read

PointsBet agrees horse race betting partnership with The Stronach Group

Sydney-listed sports betting operator PointsBet is enhancing its horse race betting offering in the United States through a new multi-year agreement with The Stronach Group’s 1/ST Technology.

The five-year deal will see 1/ST Technology integrate its horse racing betting products and content solutions within the PointsBet sportsbook app.

In addition, the supplier [...]

1 min read

French online betting and gaming market contracts in first half of 2022

Revenue from regulated online betting and iGaming in France fell by 11 per cent to €1.21bn in the first half of 2022, following year-on-year declines across all three product verticals.

Results were negatively impacted by a 12 per cent fall in sports betting gross gaming revenue (GGR) to €685m, as total [...]

1 min read

Nevada gambling market grows to $1.21bn in August

Nevada’s gambling market returned to year-on-year growth in August as total gaming win from state-wide casinos grew 3.5 per cent to $1.21bn.

The market topped $1bn for the eighteenth consecutive month, with the bulk of the total ($1.02bn) derived from Clark County, including a 5 per cent increase in Las Vegas [...]

1 min read
FanDuel

FanDuel opens first UK Collaboration Hub

Leading betting and gaming operator FanDuel has opened the doors of its first UK Collaboration Hub in Edinburgh, Scotland.

The new hub aims to foster cross discipline working and drive project innovation, while bringing FanDuel colleagues closer to those at parent company Flutter Entertainment.

The UK Collaboration Hub is expected to create [...]

2 mins read

PlayUp agrees SPAC business combination with IG Acquisition Corp

Australian and US online sports betting operator PlayUp has agreed a business combination with special purpose acquisition company IG Acquisition Corp (IGAC), which will see the combined company listed in New York.

The transaction values PlayUp at $350m and is expected to close in the first quarter of 2023, subject to [...]

1 min read
Playtech

Playtech enjoys record first half as B2C revenue soars 148%

London-listed gaming supplier and operator Playtech delivered its best ever performance in the first half of 2022 as revenue increased by 73 per cent to €792.3m.

Playtech said that it made good progress delivering its strategy of focusing on newly regulated markets, which helped B2B revenue climb 17 per cent to [...]

1 min read
La Française des Jeux (FDJ)

La Française des Jeux in exclusive talks to acquire ZEturf

Paris-listed gaming operator La Française des Jeux is looking to get into the online horse race betting and poker business through the acquisition of ZEturf.

FDJ is currently in exclusive negotiations to acquire the online horse racing and sports betting operator, with the proposed acquisition furthering FDJ’s strategy to bolster its [...]

2 mins read

DA seeks input on proposed South Africa online gambling bill

Democratic Alliance (DA) Member of Parliament Dean Macpherson is seeking input from industry stakeholders as he prepares to introduce a private member’s bill to legalise and regulate online gambling in South Africa.

Macpherson serves as the shadow minister of Trade, Industry and Competition and is critical of the government’s failure to [...]

1 min read
Churchill Downs

Churchill Downs Inc. to acquire Ellis Park in Kentucky

New York-listed racing and gaming operator Churchill Downs Incorporated (CDI) has signed an agreement to acquire Ellis Park Racing & Gaming (Ellis Park) in Henderson, Kentucky. 

CDI will pay $79 million in cash to Enchantment Holdings, an affiliate of Laguna Development Corporation, subject to certain working capital and other purchase price [...]

3 mins read
Page 42 of 94