German gambling giant Gauselmann has made its first foray into the payments sector with the launch of payment app paylado.
Through a partnership between Gauselmann subsidiary EPG Financial Services and European payments business Funanga, paylado enables players to top up their Gauselmann accounts using their smartphones in thousands of retail [...]
Dutch gambling regulator Kansspelautoriteit (KSA) has begun the search for a new chairman after René Jansen confirmed he will step down when his contract expires next year.
Jansen has chosen not to stand for reappointment when his contract expires as he will reach retirement age at the end of this year.
Having [...]
Pennsylvania reported record iGaming revenue of $159.5 million in September, a rise of 42 per cent that spurred total gambling revenue in the Keystone State to $476.3 million.
Gambling revenue increased by 6 per cent in the month, but several sectors showed year-on-year declines.
Sports betting revenue was down by 27 per [...]
London-listed bingo and casino operator Rank Group has reported an 11 per cent increase in net gaming revenue (NGR) to £179.6 million for its fiscal first quarter ended 30 September.
The year-on-year growth was driven by a 12 per cent rise in Venues like-for-like NGR, while Digital NGR climbed 7 per [...]
New York-listed casino operator Las Vegas Sands has reported another strong quarter as net revenue soared by 177 per cent to $2.80 billion in the third quarter of 2023.
Buoyed by a continued recovery in travel and tourism spending, Q3 revenue from the company’s Macau operations rose to $1.79 billion, up [...]
Inspired Entertainment’s long-serving executive Steve Rogers is leaving the company after more than 25 years’ service, with former FSB Tech chief revenue officer Ian Freeman set to replace him.
Freeman will take over as chief commercial officer of Virtuals from 16 November with responsibility for innovation, delivery and growth of Inspired’s [...]
The Betting and Gaming Council (BGC) is urging the UK government to ensure that independent research, education and treatment services for problem gambling continue to receive funding under a future levy.
The BGC made the call in response to the government’s public consultation on a proposed levy to fund research, education [...]
London-listed 888 Holdings has posted an 8 per cent drop in revenue to £1.29 billion for the first nine months of 2023, after third quarter revenue fell by 10 per cent to £405.0 million.
Results were in line with the company’s previous trading update in September, with sportsbook stakes falling 8 [...]
Gaming revenue in Macau was MOP48.8 billion (€5.73 billion) for the third quarter of 2023, up almost nine times on Q3 2022.
Baccarat accounted for 85 per cent of all Macau’s gaming revenue in the third quarter at MOP41.5 billion.
Mass market baccarat revenue was MOP29.8 billion and VIP baccarat MOP11.8 billion, [...]
Casino revenue in Massachusetts was down by 3 per cent to $91.2 million in September, including retail sports betting.
Encore Boston Harbor was the largest property by revenue at $59.8 million, which was a decline of 3 per cent year-on-year.
MGM Springfield experienced a 15 per cent fall in revenue to $17.4 [...]
Gaming revenue at Virginia’s three casinos was $51.9 million in September and took total gaming revenue for the first three quarters of 2023 to $395.6 million.
There were 3,194 slot machines in operation during September and they earned revenue of $39.0 million. Revenue from the 135 gaming tables across the three [...]
The United Kingdom’s National Health Service (NHS) is set to benefit from £100 million in new funding under a proposed levy on gambling operators.
Income from the proposed levy will be used to fund research into problem gambling and to develop programs to minimise harm and provide treatment to addicts.
The proposal [...]