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Isle of Man suspends licensees amidst criminal investigation

The Isle of Man Gambling Supervision Commission has suspended the operating licences of King Gaming Ltd and Dalmine Ltd, pending a regulatory review.

The Commission suspended the licences due to an ongoing criminal investigation into the two companies, in which the Commission continues to assist its partner agencies.

“As this matter is [...]

2 mins read

First ESPN Bet retail sportsbook opens at Hollywood Casino at Greektown

Penn Entertainment has unveiled its first ESPN Bet branded retail sportsbook in Michigan at Hollywood Casino at Greektown.

The new ESPN Bet sportsbook and restaurant is located on the upper floor of the 100,000-square-foot downtown Detroit casino, and is the first ESPN Bet branded retail location to open across Penn Entertainment’s [...]

2 mins read

Missouri reports $175 million in March gaming revenue

Missouri casinos posted their best performance of the year in March, despite a 1 per cent year-on-year fall in gaming revenue to $175.4 million.

Slot machine revenue was down by 1 per cent to $151.1 million, slightly offset by a 1 per cent increase in table gaming revenue to $24.2 million. [...]

1 min read

Bulgaria to consider gambling ad ban and other restrictions

Lawmakers in Bulgaria have introduced a bill to ban gambling advertising and combat unlicensed iGaming, amongst other measures to reduce problem gambling.

The proposed bill states that gambling addiction has increased significantly in Bulgaria over the last three years, necessitating action to curb its growth.

The bill aims to ban gambling advertising [...]

1 min read
Germany Berlin

German gambling tax drops by 2% in Q1 2024

Germany's gambling tax revenue dropped by 2 per cent to €651.2 million in the first quarter of 2024, with only the country’s lottery tax showing growth.

Lottery tax was up by 3 per cent to €475.9 million in Q1 2024 and accounted for 73 per cent of quarterly tax revenue in [...]

1 min read
Playtech

Playtech names Doreen Tan as new board member

London-listed gaming supplier and operator Playtech has appointed Doreen Tan as an independent non-executive director.

Playtech said that Tan will bring more than 30 years of experience to the board from senior positions in some of the largest international financial institutions.

She will join the Playtech Board on 9 July.

“I am delighted [...]

2 mins read
Colorado

Colorado gaming revenue at $96 million in March

Colorado’s gaming revenue from the state’s 33 casinos was $96.0 million in March, unchanged from the previous year but the best monthly performance since July 2023.

Slot machine revenue was up by 2 per cent to $82.3 million, making up for a 12 per cent decline in table gaming revenue to [...]

1 min read
Churchill Downs

Churchill Downs first quarter revenue grows to record $590.9 million

Churchill Downs Incorporated (CDI) has reported record net revenue of $590.9 million for the first quarter of 2024, an increase of 6 per cent compared to a year ago.

Revenue from the company’s Live and Historical Racing segment increased by 15 per cent to $248.9 million following growth at its historical [...]

1 min read

ATG posts record Q1 ahead of Swedish vote to raise gambling taxes

Swedish horse race betting and gaming operator AB Trav och Galopp (ATG) has recorded a 9 per cent increase in net gaming revenue to a record SEK1.3 billion (approx. €111.8 million) in the first quarter of 2024.

The operator benefited from strong growth from its core horse race betting as net [...]

1 min read

Lottomatica completes acquisition of SKS365

Leading Italian betting and gaming operator Lottomatica Group has completed the acquisition of SKS365.

Lottomatica entered into a deal last November to acquire SKS365, which owns the Planetwin365 and PlanetPay365 brands, as well as a retail network of 1,000 sports betting shops across Italy.

Following completion, Alexander Martin will step down as [...]

2 mins read

Rubens Barrichello joins SOFTSWISS as LatAm director

iGaming software provider Softswiss has named former F1 star Rubens Barrichello as a non-executive director for Latin America.

The company said that Barrichello’s deep-rooted experience in sports will provide Softswiss with valuable insights to elevate its sports betting platform and other products to new heights, as it looks to build a [...]

2 mins read
PointsBet

PointsBet grows net win by 24% in fiscal third quarter

PointsBet Holdings has reported a 24 per cent increase in total net win from its combined Australian and Canadian businesses to AUD$70.6 million for the fiscal third quarter ended 31 March.

Having delivered a 14 per cent increase in first half net win, the company’s growth accelerated in Q3 as sports [...]

1 min read
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