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Most Influential Women 2024: Meet the judges (part one)
This year’s Most Influential Women campaign will close its submissions on 31 October. Following that our judges will sit down and use a scoring system to determine who should be recognised as a...
View ArticleKindred high-risk player revenue share at 3.2% in Q3
Kindred has been sharing information about its share of revenue made from harmful gambling since February 2021. This includes details about any improvements in player behaviour after the operator has...
View ArticleVietnam casino operator plans expansion, following trend in enhanced local...
The president and CEO of Hoi An South Development Ltd last week pledged to invest an additional VND25.4tn (£772m/€928m/$1bn) in the company’s Quang Nam integrated resort (IR), Hoiana Resort &...
View ArticleIBIA reports drop in Q3 suspicious betting activity as esports concerns ease
The association’s technology detects and reports incidents of suspicious betting activity, to be shared with leading sports bodies including FIFA, UEFA, ITIA and the IOC, as well as global gambling...
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Tribes, commercial operators aligned against sweepstakes
Victor Rocha invited lobbyist Jeremy Kudon, who represents the SBA (comprised of BetMGM, DraftKings, Fanatics and FanDuel) to share his thoughts on the rise of sweepstakes. That is the latest...
View ArticleLatest bill calls for online betting ban in Brazil
Bill 4.031/2024 was put to the senate on 21 October. It is the latest in a series of initiatives by politicians to restrict online betting in Brazil, months before the licensed market is scheduled to...
View ArticleBetsson Q3 revenue reaches record $280.1m on continued global expansion
Group revenue at Betsson for the three months through to 30 September hit €280.1m (£233.7m/$302.2m). This is 17.9% more than Q3 last year and 3.1% above the previous record set in Q2 this year....
View ArticleATG CEO again blames Swedish tax hike for “challenging” Q3
Gross gaming revenue (GGR) tax for Swedish operators increased from 18% to 22% on 1 July this year. This came despite strong opposition from stakeholders, including Skarplöth at ATG, who branded it a...
View ArticleEvolution NGR up 15% despite cyber attacks and Georgia strike action
NGR growth for Evolution was up to 19% in constant currency, largely driven by live casino gains, once again. Total operating revenues were up by 27.9% to €579m thanks to a one off €59.7m related to...
View ArticleSporttrade goes live in Virginia
Sporttrade went live in Virginia this morning, marking the fifth state in which it is available. The platform launched in Arizona in September and is also live in Colorado, Iowa and New Jersey. Its...
View ArticleCiting a misunderstanding, GSR’s $1bn arena project seeks tax increment...
Over the last year, the GSR Reno arena project has generated a lot of conversation but has seen little progress. Local outlets reported ahead of Wednesday’s city council and Redevelopment Agency Board...
View ArticleRecords galore at Churchill Downs in Q3 as new HRM venue confirmed
For the three months to 30 September, revenue at CDI amounted to $628.5m (£484.8m/€582.0m). This is 9.8% higher than Q3 last year and a new quarterly record for the group. Record gaming and historical...
View Article‘Vigilante neighbors’ help Philippines’ authorities find POGO operators...
Philippines authorities raided two more suspected offshore gaming operations, known as POGOs, the PhilStar Global reported Thursday (24 October). Eight Chinese and Vietnamese nationals were arrested....
View ArticleNetX latest to receive KSA fine for illegal gambling in Netherlands
This is the latest in a slew of financial penalties handed out by the KSA, earlier this week Winbet, the operator of Galaxyspins.com, Winnercasino1.bet, Superb1.bet and Doctorspins.com, was warned...
View ArticleKindred’s focus on regulated revenues could impact 2024 EBITDA target says CEO
Kindred last week published certain key figures for Q3. This included that revenue had grown by around 4% year-on-year during the three months to 30 September. The full data confirms a 3.7% rise. The...
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Most Influential Women 2024: Meet the judges (part two)
With the Most Influential Women 2024 survey closing in less than a week we’re proud to present an esteemed panel of eight judges that will be deciding who makes this year’s MIW winners list. This...
View ArticleCherry AB in preparations to sell ComeOn Group
ComeOn Group, based in Malta, is reportedly being valued at around €500 million, which is 8x to 9x its €60 million EBITDA forecast for 2025, according to the reports. Cherry AB also owns restaurant...
View ArticleUK and Malta regulators aim to raise standards with new MoU
Under the MoU, the Gambling Commission and MGA will exchange information and intelligence to improve regulatory efforts. This will focus on better safeguarding consumers, preventing criminal activity...
View ArticleSands CEO “still interested” in NYC casino bid, but concerned
Speaking during Sands’ third-quarter earnings call on Wednesday (23 October), Goldstein expressed reservations about committing to such a capital-intensive project when New York could potentially pass...
View ArticleBaha Mar developer bags billion-dollar award, but war of words continues
Concluding an 11-day bench trial, New York Supreme Court Justice Andrew Borrok found that CCA deliberately scammed BMLP during the development of Baha Mar in Nassau, essentially forcing the company...
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