Glitnor Group to acquire multinational operator OneCasino
The deal is expected to close in H1 of 2025 subject to approvals from relevant gaming and regulatory authorities. Glitnor has not disclosed the financial details of the OneCasino acquisition....
View ArticleNorthern Territory regulator backs Entain in dispute over Ladbrokes betting...
A customer filed a complaint with the Northern Territory regulator in January 2023 in reference to Ladbrokes refusing to pay out on a winning wager they had made through its online platform. The...
View ArticleBrazil ministry of finance agrees partnerships with match-fixing monitoring...
The Secretariat of Prizes and Bets (SPA), which sits within the ministry of finance, penned Technical Cooperation Agreements (ACTs) with Genius Sports, Sportradar, the International Betting Integrity...
View ArticleArizona: Sports betting revenue and handle rise in August
Total handle for August hit $496.6 million (£382.8 million/€458.4 million). This is 38.4% ahead of last year and also 21.1% above the amount bet in Arizona in July this year. Some $473.8 million was...
View ArticleCaesars Q3 revenue takes a hit despite digital growth, LINQ and WSoP sales...
In a somewhat mixed Q3, group revenue reached $2.87 billion (£2.21 billion/€2.66 billion) at Caesars. This is 4% less than the previous year, with the operator seeing declines across all but one of...
View ArticleUK budget: No gambling tax hike but government seeks to simplify current...
Budget filings did state the government would consider how to consolidate the UK’s gambling tax structure. Remote gaming and betting currently have different tax rates. Sports betting has its own 15%...
View ArticleEx-presidential aide Roque officially charged with human trafficking in...
In a 15-page petition filed on 28 October, the Presidential Anti-Organised Crime Commission (PAOCC) charged Roque with qualified human trafficking in connection to a Philippines Offshore Gaming...
View ArticleSweepstakes aren’t “clear cut” and that’s a problem, AGA executive says
Cylke, the AGA’s SVP for government relations, joined Indian Gaming Association (IGA) conference chair Victor Rocha and IGA executive director Jason Giles on Wednesday (30 October) in another unique...
View ArticleCrown Resorts confirms Tsai as permanent CEO
Carruthers confirmed he was stepping down as CEO in late August and is due to fully depart by 31 December. Tsai was appointed acting CEO of Crown with effect from 1 September. Now, Tsai will assume...
View ArticleFormer Brazil finance ministry advisor warns against banning online betting
On 21 October, Senator Sérgio Petecão proposed Bill 4,031/2024 to ban online betting in Brazil over concerns it is driving fiscal debt and gambling addiction. The bill is the latest in a string of...
View ArticleUK Gambling Commission Q3: Online GGY up 11% as slots revenue reaches record...
The UK Gambling Commission latest market overview shows the 11% GGY increase was driven largely by a 16% uptick in online slots activity among UK gamblers. The number of monthly active accounts rose...
View Article$30m campaign funding for Arkansas casino licence initiative is record breaking
Stakeholders have now poured more than $30 million into opposing campaigns. According to the Arkansas Ethics Commission, $17.6 million of that has come from Local Voters in Charge. That coalition is...
View ArticleThis weekend’s Breeder’s Cup truly a global event; Japan enters a record 19...
Horses from nine countries and five continents will compete in the Breeder’s Cup, 1-2 November, at Del Mar in California. Horses and trainers from Argentina, Canada, Chile, France, Ireland, Japan, the...
View ArticleUS September round-up: Sports betting in Colorado, New Hampshire and Rhode...
Colorado scores year-on-year growth in September Starting in Colorado, the Colorado Department of Revenue this week reported total handle across online and retail in September hit $562.9 million...
View ArticleMGM CEO talks up “pipeline” of global growth opportunities amid Q3 success
MGM posted record consolidated revenue of $4.18 billion (£3.22 billion/€3.85 billion) in Q3, up 5.3% from last year. The group reported growth across all segments, but it was the MGM China business...
View ArticleBettor who stood to win $1 million in Jontay Porter betting scam pleads guilty
Mollah is the gambler who placed bets that would have won $1 million (£776,609/€920,850) on the performance of then two-way NBA player Jontay Porter. Porter, who was playing for the Toronto Raptors on...
View ArticleLottomatica continues to benefit from SKS365 acquisition in Q3
Lottomatica continues to benefit from the SKS365 acquisition after taking ownership of the operator in April this year. The acquisition has bolstered its online performance ever since. This was seen...
View ArticleEmbattled Star posts AU$18 million EBITDA loss in latest quarter
In an ASX filing on Tuesday (29 October), Star reported revenue of AU$351 million. This was an 18% decline year-on-year and an 11% decline from last quarter. The company attributed the drop to “a...
View ArticleEuropean Commission rules FDJ must pay additional €97m for lottery and...
FDJ was privatised in 2019 as part of France’s reregulation of gambling. This process provided the monopoly with exclusivity over offline and online lottery games and the operation of offline sports...
View ArticleBlack market website blocking ‘does not work’ in its current form says KSA...
The KSA chairman said it can take up to a year to have an illegal site blocked in the Netherlands. The process is lengthy because cases have to be put before a judge in court. “If we want to shut down...
View Article