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Strong online performance sees GVC revenue hit £3.66bn in 2019

London-listed betting and gaming operator GVC Holdings has reported a 23 per cent increase in net gaming revenue to £3.66bn for 2019, benefiting from a full year’s trading of Ladbrokes Coral.

GVC recorded underlying growth in all areas of the business except UK Retail machines, where revenue declined following the implementation of the [...]

9 mins read

Online drives Latvia gambling market growth in 2019

Licensed gambling operators in Latvia grew their combined gross gaming revenue by 10.5 per cent to €324.3m in 2019, buoyed by strong growth online.

Total gross gaming revenue (GGR) at the country’s 15 licensed private operators and state-owned Latvijas Loto rose by 10.5 per cent to €307.1m, with other gaming activity [...]

2 mins read

Harald Neumann resigns as Novomatic chairman and CEO

Austrian gaming giant Novomatic has confirmed the departure of chairman and chief executive Harald Neumann with immediate effect.

Neumann handed in his resignation citing family reasons after nine years with the business and six years as chairman and CEO, and will continue to serve as a strategic adviser to the board.

“On [...]

1 min read
Codere

Codere grows Online as Argentina and Colombia slip

Madrid-listed gaming operator Codere has posted a 6 per cent decline in revenue to €1.39bn for 2019, despite growing contributions from its Online business.

The company recorded growth from its Online, Spain, Italy and Uruguay business segments, offset by declines in Colombia, Panama, Mexico and Argentina.

Latin America accounted for more than half of [...]

4 mins read

UK National Audit Office calls for more research and funding to combat problem gambling

The National Audit Office has released its report into gambling regulations in the United Kingdom, concluding that the regulations “lag behind industry” due to a number of factors, including an inflexible funding mechanism for the Gambling Commission and limited understanding of the impact of gambling-related harm on society and public [...]

5 mins read
Scientific Games

Scientific Games to launch first historical horse racing games

New York-listed supplier Scientific Games has developed its first historical horse racing gaming machines, which are set for launch in the US state of Kentucky.

Approved by the Kentucky Horse Racing Commission, the machines have been developed in partnership with racetrack operator Churchill Downs Incorporated (CDI) and gaming supplier Ainsworth Game Technology.

Scientific Games [...]

4 mins read
Pennsylvania

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 [...]

1 min read

Canada’s Atlantic Lottery confirms Chris Keevill as next CEO

Canadian provincial lottery operator Atlantic Lottery Corporation (ALC) has appointed Chris Keevill as its new president and CEO.

Keevill will take up his position on 1 May, replacing incumbent CEO Brent Scrimshaw who announced his retirement last September after more than 13 years’ service.

Keevill brings with him more than 20 years’ experience [...]

1 min read

Inspired adds Aristocrat content to VLTs in Greece, Italy and UK

New York-listed supplier Inspired Entertainment has agreed a deal to deliver game content from Aristocrat across its video lottery terminals (VLTs) in a number of European markets.

The new licensing agreement will see Aristocrat’s games launched for the first time on Inspired’s VLTs in Greece, Italy and the UK.

“We are excited to be partnering [...]

2 mins read

IGT and Twin River reach deal to expand development in Rhode Island

Casino operator Twin River Worldwide Holdings and gaming supplier IGT have proposed a three-way partnership with the state government in Rhode Island to maximise economic development and keep 1,100 jobs in the state.

The proposal would increase investment in Rhode Island through new construction at Twin River Casino Hotel in Lincoln, ensure that the gaming [...]

1 min read

Pennsylvania enjoys increased contributions from video gaming terminals

The Pennsylvania Gaming Control Board (PGCB) has revealed that the state’s newly regulated video gaming terminal (VGT) market generated over $1.2m in tax revenue in 2019.
1 min read

Next Spanish government promises better care for problem gamblers

Spain’s Socialist Party (PSOE) and the left-wing Unidas Podemos (UP) have unveiled plans for their proposed coalition government, which include tighter regulations for gambling advertising and shorter opening times for land-based venues.
1 min read
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