Germany collected €596m in lottery and gambling taxes in the third quarter of 2022, a 16 per cent increase on the same period in 2021.
July 2021 marked the start of the new Interstate Gambling Treaty in Germany and provided licences for online sports betting, slots and poker. The tax rate for [...]
London-listed betting and gaming operator Flutter Entertainment has named Paul Edgecliffe-Johnson as its next finance chief to replace Jonathan Hill, who moves to the newly established role of group chief operating officer.
Edgecliffe-Johnson brings 25 years' experience in finance and international businesses, and currently serves as CFO and group head of [...]
New York-based multinational investment bank J.P. Morgan has made strategic investments in two gaming-focused payment processors, Sightline Payments and Tilia.
While no financials have been disclosed, J.P. Morgan said it will work with Sightline to develop an integrated omni-channel solution for resort and online gaming companies, which will serve the resort [...]
Stockholm-listed sports betting technology provider Kambi Group has agreed a new retail sportsbook deal with Ontario’s leading casino operator Great Canadian Entertainment.
The multi-year agreement will see Kambi provide its on-property sportsbook solution to ten of the operator’s land-based casinos in Ontario, including its newest venue Pickering Casino Resort.
The partnership is [...]
The Australian Communications and Media Authority (ACMA) has issued a warning to Australian commercial free-to-air television networks, Seven Network and Nine Network, for breaching gambling advertising rules.
An ACMA investigation found that throughout July and August 2021, Seven aired 49 betting promotions during its Olympic coverage on its Sydney, Melbourne, Brisbane, [...]
New York-listed sports data provider Sportradar is expanding its distribution of official ATP Tour and ATP Challenger Tour tennis data through a partnership with Tennis Data Innovations (TDI).
The partnership is centered around the introduction of a new secondary feed, which enables the provision of betting-related services based on official ATP [...]
London-listed gaming operator Entain held its second annual sustainability and ESG showcase event in London on Thursday, where the company revealed the impact of its ARC Safer Gaming programme.
The ARC programme (Advanced Responsibility and Care) is currently available in 22 of Entain’s international markets, including the UK, and has been [...]
Sydney-listed gaming supplier Aristocrat Leisure is looking to strengthen its Board after nominating prominent Native American Tribal leader Bill Lance Jnr as a non-executive director.
Lance was the longest-serving Secretary of Commerce in the history of the Chickasaw Nation, the Oklahoma-based Tribal nation, where he was responsible for 7,000 employees and [...]
MGM Resorts-owned LeoVegas Group has agreed a new collaboration with Stockholm’s Karolinska Institutet’s Department of Clinical Neuroscience, one of the world's leading medical universities.
The four-year research project will aim to increase understanding of gambling problems and improve methods for identifying and preventing them by studying the operator’s customer data
LeoVegas, which [...]
Caesars Entertainment has entered into a partnership with real estate investment trust SL Green Realty Corp. to pursue a New York gaming license in the heart of Times Square.
The two companies have proposed redeveloping 1515 Broadway to build a new casino resort, Caesars Palace Times Square, which will provide billions [...]
The Massachusetts Gaming Commission received 29 responses to its sports wagering operator license scoping survey, with prospective online license applicants accounting for the majority of submissions.
All sports betting operator license applicants were required to submit survey responses by October 17, enabling the Commission to begin reviewing the companies that plan [...]
Sports betting handle in the state of Tennessee passed $2.5bn in the first nine months of 2022, after September’s handle came in at $337m.
September’s handle increased by 31 per cent year-on-year and, with a strong margin of 13.7 per cent, resulted in the highest gross win of the year so [...]