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 …
Read More »Gambling industry faces major financial hit in Germany
The German state of Hesse began preparations to start the process of awarding the country’s sports betting licences, with analysts warning that operators could see up to 70 per cent of revenue disappear as a result of the restrictive operating model. More than 200 company representatives attended last week informational …
Read More »GiG maintains global plans despite difficult H1
Gaming Innovation Group (GiG) is targeting expansion across regulated and soon to be regulated markets, as Swedish troubles and a customer contract termination impacted H1 revenues. Publishing its first interim results as a Stockholm-listed enterprise, GiG records H1 2019 group revenues of €63 million, down 14 per cent on corresponding H1 …
Read More »New Jersey sports betting to surpass Nevada again
New Jersey’s regulated sports betting market has seen revenue leap to $17.9m in July. It’s more than four times the sum they generated in the same month last year and a significant improvement over the $9.7m that licensees earned in the previous month. However, New Jersey’s 11 licensed betting operators reported a total …
Read More »GVC raises full-year guidance after strong H1
GVC Holdings has upgraded profit guidance for 2019 for the second time, after making “very good progress in the first half of the year”. London-listed betting and gaming operator has reported a ‘Pro-forma’ revenue of £1.81 billion (€1.96bn). This represents a 5 per cent year-on-year rise if Ladbrokes Coral’s pre-acquisition figures …
Read More »1xBet suspends UK operations following investigation
Online gambling operator 1xBet has suspended its operations on the territory of the UK after an investigation held by ‘the Sunday Times’ into improper conduct. ‘The Times’ reported last week, that the major gambling regulatory body in the country, UK Gambling Commission (UKGC) had launched a probe into the activities of 1xBet, which had operated in the UK …
Read More »Stars Group results look strong in Q2
Toronto-listed betting and gaming operator The Stars Group has reported a 55 per cent increase in total revenue to US$637.6m for the second quarter of 2019, benefiting from a record performance from its UK-facing Sky Betting & Gaming (SBG) business. The gross profit coming in was reported at $881.5m against $640.5m …
Read More »Inspired revenue hit by FOBT stake cut in Q2
New York-listed gaming supplier Inspired Entertainment has reported a 28 per cent decline in revenue to $26.7m for the second quarter of 2019. The company announced that revenue was negatively impacted by $5.5m following the reduction in maximum stakes on fixed-odds betting terminals (FOBTs) in the UK, with the new …
Read More »SkyCity, GiG launch New Zealand-facing online casino
Gaming Innovation Group (GiG) has linked up with SkyCity Malta, a subsidiary of New Zealand-based SkyCity Entertainment Group, to launch a new online casino brand in the country. SkyCity has launched its skycitycasino.com a few months after it originally announced its plans to enter the iGaming space in a bid …
Read More »Scientific Games, Kindred expand New Jersey presence
Scientific Games Corporation has expanded its presence in the regulated New Jersey iGaming market, launching it’s content and technology platforms, the Open Gaming System (OGS) and Open Platform System (OPS), with igaming operator Kindred in New Jersey. Kindred and clients of its Unibet brand, which launched online in New Jersey in early June, now …
Read More »Flutter Entertainment announced mixed H1 results
London-listed betting and gaming operator William Hill has reported a 1 per cent increase in net revenue to £811.7m (€880.2m) for the first half of 2019, with growth from its online and US businesses offsetting a decline in Retail. Retail remains the main source of income for William Hill, accounting …
Read More »Interwetten scores new partnership with VfL Wolfsburg
Vienna-based online betting and gaming operator Interwetten has agreed a deal to serve as the new betting partner of German Bundesliga side VfL Wolfsburg. Terms of the deal were not disclosed, but it was confirmed that the agreement will come into effect from the start of the 2019-20 season. It will …
Read More »Global Gaming loses again in Swedish court
Global Gaming has failed in its latest attempt to overturn a mid-June decision to strip its SafeEnt subsidiary of its Swedish licence, with its plea for injunctive relief rejected by the country’s Supreme Administrative Court. The update sees Global Gaming governance overruled for the third time by Swedish administrative courts after SafeEnt, which operates …
Read More »Genius Sports signs exclusive Serie A betting data deal
Serie A, Italy’s top-tier soccer league, has signed an exclusive betting data partnership with Genius Sports, the UK-based sports data technology company. From the start of the 2019-20 season, Genius will use its pitch-side technology to capture data at all Serie A stadiums and distribute instantly as a live feed …
Read More »BetShah and AffiliateINSIDER announce Agency partnership
BetShah is excited to announce the launch of its affiliate program which will be managed exclusively by performance marketing agency, AffiliateINSIDER. The partnership agreement will ensure the support and development of BetShah’s affiliate marketing strategy to a global market and provide affiliate relationship management of the highest caliber upon launch. …
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