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UK Gambling Commission follows Gibraltar in suspending Addison Global licence

The UK Gambling Commission (UKGC) has confirmed the suspension of Addison Global’s licence in the United Kingdom.

Following the suspension of the operator’s Gibraltar licence late Wednesday, the UKGC said that it has commenced a review under sections 116 and 118 of the Gambling Act 2005.

The regulator has decided to suspend Addison [...]

2 mins read

Pennsylvania gambling market surpasses $300m revenue mark in January

Pennsylvania’s regulated land-based and online gambling market has recorded a solid start to 2020 as total gaming revenue grew by 17 per cent to $302.8m in January.

Licensed operators saw year-on-year growth in land-based slot revenue and strong contributions from sports betting, online casino and video gaming terminals, which offset declines in land-based [...]

3 mins read
Global Gaming 555

Global Gaming 555 eyes return to profitability with casino expansion and new sportsbook

Stockholm-listed gaming operator Global Gaming 555 is targeting a return to profitability in 2020 following a tumultuous 2019 in which revenue fell by more than 50 per cent to SEK412.1m, resulting in a net loss of SEK122.0m for the year.

The withdrawal of Global Gaming’s leading brand Ninja Casino from the Swedish market following [...]

5 mins read

Strong finish to the year for Better Collective after record Q4 2019

A record performance during the final quarter of the year has helped Stockholm-listed iGaming affiliate Better Collective post full year revenue of €67.4m in 2019.

Revenue in Q4 increased by 61 per cent to a record €19.6m, with the company benefiting from recent acquisitions in the US and Sweden.

Results was negatively impacted however by [...]

5 mins read

Connecticut revisits regulated sports betting with new bill

Connecticut’s Public Safety and Security Committee has introduced legislation to authorise sports betting in the state, subject to the Mashantucket Pequot Tribe and the Mohegan Tribe agreeing amended procedures and compacts with Governor Ned Lamont.

The proposed legislation would allow players over the age of 21 who are physically located within the state to bet [...]

3 mins read

Gibraltar suspends Addison Global’s MoPlay operator licence

Gibraltar’s Gambling Licensing Authority (GLA) has suspended the operating licence of MoPlay-owner Addison Global.

Following advice from the Gambling Commissioner Andrew Lyman, the authority announced the immediate suspension of Addison Global’s licence late Wednesday after the operator was unable to provide a solution to its solvency issues.

“The Gambling Commissioner has been [...]

1 min read

Gambling Commission suspends Matchbook UK licence

The UK Gambling Commission has temporarily suspended Matchbook’s operating licence in the United Kingdom with immediate effect.

The regulator has undertaken a licence review into Triplebet Limited, owner of exchange betting operator Matchbook, under s116 of the UK’s Gambling Act 2005.

The suspension relates to the operator’s ability to offer remote facilities for pool betting, [...]

1 min read

Spain unveils new responsible gambling tool and regulations

Spain’s Ministry of Consumer Affairs has unveiled plans for a central register that will allow gamblers to restrict their access to credit.

The EFICAZ system is expected to be operational in the coming months and has been billed as a means of strengthening protections for problem gamblers.

The system does not exclude people from gambling [...]

1 min read

Lotteries & Keno drive Tabcorp first half revenue growth

Sydney-listed gaming giant Tabcorp has reported a 4 per cent increase in revenue to AUD$2,913.9m for the first half ended 31 December, buoyed by a strong performance from the Lotteries & Keno segment.

Revenue from Lotteries & Keno rose 12 per cent year-on-year to $1,584.3m, driven by digital and retail growth and a [...]

1 min read

IMG Arena secures NHL streaming rights for US sportsbooks

London-based IMG Arena has secured the live streaming rights for National Hockey League (NHL) games in the United States.

The agreement will allow IMG Arena to provide live streams of select out-of-market NHL games to licensed sports betting operators in the US.

The new deal extends IMG’s existing partnership with the [...]

2 mins read
Scientific Games

Scientific Games posts 2019 revenue growth despite Q4 blip

New York-listed supplier Scientific Games has reported a 1 per cent increase in revenue to $3.40bn for the full 2019 year, despite posting a decline in revenue during the final quarter of the year.

Revenue in Q4 fell by 3 per cent year-on-year to $863m, largely driven by a 5 per cent drop on [...]

1 min read

Catena Media slips to Q4 operating loss as write-downs impact bottom line

Shares in Catena Media slumped by nearly 18 per cent in Stockholm Tuesday after the company warned that it would post an operating loss for the final quarter of 2019.

Catena Media said that its Q4 results would be impacted by the impairment of intangible assets, the adoption of IFRS 9 accounting assumptions, and an [...]

1 min read
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