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VGT/VLT News

Nevada casinos enjoy record sports betting performance in November

Nevada’s land-based casinos generated more than $1bn in total gaming win for the ninth consecutive month as November win increased by 71 per cent year-on-year to $1.32bn.

The state’s regulated gambling market generated gaming win of $859.9m from slot machines, an increase of 63 per cent compared to the prior year [...]

1 min read
BCLC

Jim Lightbody steps down as BCLC president and CEO

Canada’s British Columbia Lottery Corporation (BCLC) has confirmed that Jim Lightbody has stepped down from his role as president and CEO.

Lightbody has been on medical leave since September 2019 after receiving a cancer diagnosis. Although he is stepping down as president and CEO, he remains on medical leave from BCLC. 

“Known for [...]

2 mins read
Finland

Finland gambling reforms set to come into force on 1 January

The Finnish Government has approved amendments to the country’s Lotteries Act to reduce the negative effects of gambling and strengthen the state monopoly more effectively, including the possibility to block payment transactions.

The stated aim of the reform is to prevent harm caused by gambling and to combat marketing by unlicensed [...]

1 min read

Inspired Entertainment agrees sale of Italian VLT business

New York-listed Inspired Entertainment is selling its Italian Video Lottery Terminal (VLT) business to Cristaltec, a developer of VLT, AWP and online casino games.

Cristaltec is acquiring Inspired's VLT estate and managed services contracts in Italy, with the transaction enabling Inspired to transition to a platform and games provider with [...]

1 min read
Gaming Intelligence Hot 50

Flutter leads Hot 50 headcount with Bally’s snapping at its heels

Flutter Entertainment is the best represented company in this year’s Gaming Intelligence Hot 50 but Bally’s is the most successful brand.

Flutter’s extraordinary run of acquisitions has gifted it six stars in the Gaming Intelligence Hot 50 2022.

Sportsbet was the one of the first operators to be acquired on the acquisition [...]

5 mins read
Pennsylvania

Another record in Pennsylvania as November gaming revenue hits $432.5m

Pennsylvania’s regulated betting and gaming market hit a new record monthly high in November as total revenue increased by 52 per cent compared to last year to $432.5m.

Total gaming and sports betting revenue increased by 1.5 per cent versus the previous record high in October 2021, with the sports betting [...]

1 min read

Strong third quarter for SAZKA as GGR grows to record $876.2m

European lottery and gaming operator SAZKA Group has reported a 14 per cent increase in consolidated gross gaming revenue to €876.2m for the third quarter of 2021.

The third quarter was the first quarter since Q4 2019 with no material Covid impact on any of SAZKA’s retail businesses in Austria, the [...]

1 min read

Pennsylvania bill aims to regulate skill video games

Lawmakers in Pennsylvania are aiming to legalise skill-based video gaming with a new bill introduced this week.

Sixteen representatives have signed up to sponsor the Skill Video Gaming Act, which would allow Pennsylvania’s Department of Revenue to regulate the distribution and use of skill video game systems.

Under the proposed bill, skill [...]

1 min read

Investor gloom as gaming shares slump in November

There was little to cheer for gaming investors in November as the vast majority of the industry’s leading publicly-listed gaming companies saw their share prices decline over the course of the month.

Of the 50 operators and suppliers making up the Gaming Intelligence Stock List, the combined value of their shares [...]

1 min read

Scientific Games acquires AToM cashless table game solution

New York-listed gaming supplier Scientific Games has expanded its suite of cashless products with the acquisition of ACS’ PlayOn.

The deal enables the supplier to provide AToM cashless table game solutions to casino operators in North America, with AToM currently live at over 20 properties across California, Nevada and New Mexico, [...]

2 mins read

Missouri lawmakers file competing VLT bills

Licensed liquor establishments and fraternal and veterans’ organisations in Missouri will be eligible to host video lottery game terminals under newly proposed legislation.

The bill introduced by Senator Denny Hoskins would allow up to 15,000 video lottery terminals (VLTs) to be deployed across the state beginning January 1, 2024, with a [...]

1 min read

Danish gambling market hit by sports betting slump in October

Denmark’s regulated gambling market contracted in October, with strong growth in land-based casino revenue failing to offset declines across all other segments.

Total gross gaming revenue (GGR) from betting, online gaming, gaming machines and retail casinos amounted to DKK525.0m (€70.6m) in October, a fall of 25.6 per cent versus October 2020.

The [...]

1 min read
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