Australian bookmaker PointsBet, the parent firm of PointsBet USA, has published its full-year results for the period ended June 30, 2019. Despite strong revenue growth, the expansion of its new US operation led to an EBITDA loss of AUD$32.7m (€19.2m). PointsBet said that the fiscal year ended June 30th had …
Read More »Enlabs continues march into Eastern Europe
Stockholm-listed iGaming operator Enlabs has agreed to acquire a licensed land-based gaming operator in Belarus. The company has signed a letter of intent to acquire the unnamed Belarussian company, which does not currently hold a national iGaming license but meets the requirements to obtain one. According to the press statement, …
Read More »Maltese regulator unveils new Sports Integrity Unit
The Malta Gaming Authority (MGA) has established a new Sports Integrity Unit to gather and share intelligence on suspicious betting activity. The Integrity Unit will be serving as the MGA’ liaison to foreign regulatory authorities, law enforcement agencies, wagering monitoring systems and sports governing bodies combatting the manipulation of sports. …
Read More »Synot Games deals streak continue with Superbet agreement
Online casino content provider Synot Games has continued its march across Europe after entering into a new agreement with Romania gambling operator Superbet. The deal will see Synot Games’ full package of casino games go live with Romania’s leading operator. Players will thus gain access to several popular titles, including …
Read More »Hard Rock confirms Greek casino interest
Hard Rock International (HRI) has become the latest company to publicly declare its interest in Greece’s Hellinikon Project valued at €8bn and located at the site of the former Hellinikon Airport on the outskirts of the Greek capital, Athens. During a media event in Athens, Hard Rock International Chairman Jim …
Read More »Pragmatic Play announced new GVC and Interwetten deals
Malta-based casino games provider Pragmatic Play continues to expand. The company announced a deal for its full slots portfolio with GVC-owned Ladbrokes Coral, as well as live casino offering with Interwetten. The new agreement will provide Ladbrokes Coral customers access to video slots including John Hunter and the Aztec Treasure, …
Read More »Codere issues profit warning due to Argentina woes
Madrid gambling group Codere SA has issued a profit warning after admitting that a further Argentine Peso devaluation has impacted the firm’s 2019 expectations. Argentina, one of the operator’s key markets, has once again suffered economic volatility, with local currency Peso dropping 18 per cent against the US dollar in …
Read More »Grand Casino Luzern launches online casino
Grand Casino Luzern has become the second casino in Switzerland to launch an igaming offering, through a partnership with Aland-based charitable gaming operator Paf. The MyCasino.ch website was launched after the country’s Federal Council (Bundesrat) approved the casino’s application for an igaming license on 7 June. In total, four casinos …
Read More »BetGamesTV invades Poland thanks to STS deal
BetGamesTV has expanded its European presence after aligning with Polish firm STS Gaming Group to launch its portfolio of products. Already live via the www.sts.pl, the exclusive deal for Poland with BetGames will also see the activation of mobile version in the coming weeks. Confirming the partnership, STS management states …
Read More »Bet365 launches betting website in New Jersey
British online gambling company Bet365 is now live in New Jersey, after beginning a regulator-controlled soft launch of its website ahead of the new NFL season, which kicks off on September 5. The online gambling operator said that its New Jersey website is going through a pre-live phase. The website allows US …
Read More »Betfair named official partner of CONMEBOL
CONMEBOL, the South American soccer confederation, has signed up Betfair, the online betting firm, as the ninth sponsor of the Copa Libertadores and Copa Sudamericana, the continent’s top clubs competitions. The agreement will run until December 31, 2022. Betfair joins global brands such as Amstel, Bridgestone, Gatorade, Mastercard, Qatar Airways, …
Read More »Four more operators fined in Sweden for offering U-18 events
Spelinspektionen, the Swedish gambling regulator, has issued fines totalling SEK20.1m (€1.835m) to four operators for offering bets on sporting events involving players under the age of 18, in breach of country’s regulations. The inspectorate continues its tough monitoring of licensed bookmaker betting markets which, during H1 2019, saw Spelinspektionen hand …
Read More »Kambi, DraftKings partnership poised for eight state extension
Global sports betting provider Kambi and DraftKings, the sports-tech and media entertainment company, have completed the signing of a multi-state contract extension. Kambi and DraftKings first announced their sports betting partnership in June 2018. Under the terms of their agreement, the European provider agreed to power the operator’s sports betting operations in New …
Read More »Following “turbulent” Q2 Global Gaming cuts payroll in half
After reporting that “the last three months have been the most turbulent and difficult” in its company history, Nordic online gambling operator Global Gaming has decided to let go of half its staff in a bid to reduce costs. The decision comes soon after the Stockholm-listed company released its financial report …
Read More »PayPal to shut down services to German online casino players
Starting on October 21, German gamblers will no longer be able to use their PayPal accounts for online casino gambling purposes after a recent update of the payments giant’s German-language guidelines. After the government recently ordered the payment processor to stop facilitating unauthorized online casino activity, PayPal updated its German market …
Read More »Strong July for online sports betting in Pennsylvania
Operators in Pennsylvania handled a record $59.3m on sports bets in July as the online sportsbook handle doubled to $39m and overtook retail figures for the first time. Figures published by the state’s Gaming Control Board show that online and retail sportsbooks combined to generate $59.3m in bets in July, …
Read More »theScore gains New Jersey sports betting approval
Toronto-listed sports publisher theScore has secured initial license approval from the state’s Division of Gaming Enforcement (DGE) to offer online sports betting to players in New Jersey. The firm’s subsidiary, Score Digital Sports Ventures was given authorisation to expand into online and mobile sports betting, as it seeks to elevate its growth …
Read More »Pragmatic Play to expand in LatAm after Codere deal
Malta-based casino games supplier Pragmatic Play has unveiled the latest strand of its global expansion strategy, after entering “a significant commercial agreement” with a Spanish gambling powerhouse Codere. Pragmatic’s slots have gone live with Codere in Mexico, including titles such as John Hunter and the Aztec Treasure, Mustang Gold, Sweet Bonanza and …
Read More »Kindred subsidiary hit with €470,000 Dutch fine
Kansspelautoriteit (KSA), the Netherlands Gambling Authority, has fined Stockholm-listed operator Kindred Group’ subsidiary Trannel International €470,000 for serving Dutch players without a local license. The company has already launched an appeal against it. The fine was issued under the current Dutch Gaming Act, which prevents online operators from securing a …
Read More »FanDuel lands gaming deal with MLB
North America’s Major League Baseball has agreed to a multi-year partnership with FanDuel, the US fantasy sports company, which becomes an official gaming partner of the MLB. Through the multi-year agreement, FanDuel will gain access to official MLB data, as well as team branding and logos, for use across its …
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