Athens-listed Intralot has reported an 8 per cent drop in revenue to €378.1m for the first half of 2019, with growth in the Americas offset by a decline in Europe and other territories. Closing H1 2019 trading, Intralot board declared operating profits of €76 million, down 16 per cent on …
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New York-listed gaming operator Caesars Entertainment is on course to be operating sportsbooks across seven US states by the end of September. The firm confirmed that since last August it has expanded its sports betting presence to include Caesars branded sportsbooks in seven states – Nevada, New Jersey, Pennsylvania, Mississippi, …
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FOX Bet, the US joint venture between FOX Sports and The Stars Group (TSG), has launched its real money sports betting operation in New Jersey. Fox Bet has replaced the BetStars brand in the Garden State and will operate alongside PokerStars and PokerStars Casino, which have been retained by The …
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Nasdaq-listed Scientific Games has confirmed that it has been granted a 10-year contract to supply instant win games and its retail technology to Turkish national lottery ‘Milli Piyango’, further strengthening its presence in the country’s gaming market. The exclusive ten-year deal will see Scientific Games supply lottery instant games, 15,000 …
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Online gambling operator ComeOn has decided to close its operations in the UK amid growing regulatory pressure in Europe’s largest regulated market. The company has been operating in the UK since 2014, using its Gambling Commission licence to offer brands such as ComeOn.com, MobileBet.com and GetLucky.com. However, in an email …
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Flutter Entertainment-owned FanDuel Group has launched a sports betting app in West Virginia through its existing partnership with licensed casino The Greenbrier. FanDuel’s West Virginia Sportsbook app shares similarities to the apps launched in New Jersey and Pennsylvania, including the use of the IGT PlaySports platform. However, for the first …
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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 …
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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, …
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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. …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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