Business News

Better Collective joins forces with UK’s Daily Telegraph

Stockholm-listed iGaming affiliate marketing publisher Better Collective has entered into a major new strategic commercial partnership with a leading UK national newspaper, The Daily Telegraph. Better Collective, the world’s leading developer of digital platforms for bookmaker information, iGaming communities, and betting tips, is joining forces with The Daily Telegraph to …

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10bet inks high profile deal with Juventus

Online sports betting operator 10bet has announced its biggest sponsorship agreement to date, after becoming the official ‘Gaming & Betting Partner’ of Juventus FC – Serie A’s most successful and popular football club. The operator has signed a three-year partnership with the Serie A club, which is led by football …

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Stoiximan adds Evolution Gaming offering to portfolio

OPAP-controlled online gaming operator Stoiximan/Betano Group has signed an agreement to launch a range of live casino content from Evolution Gaming, the leading provider of Live Casino solutions. The agreement will cover the full suite of Evolution’s live casino games, including its new collection of game shows such as ‘Deal …

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Unibet forms partnership with New Jersey Devils

Sports betting platform Unibet has signed a multi-year sponsorship deal with the NHL’s New Jersey Devils and appointed Martin Brodeur, the former Devils’ legendary goaltender, as its Brand Ambassador. The sponsorship, first of this kind for the Kindred Group subsidiary in the US, will include a fan and hospitality experiences …

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French casinos make demands on FDJ sale

France’s casino industry has voiced concerns about the planned privatisation of French state-owned lottery, gaming and sports betting operator Francaise des Jeux (FDJ), and the range of games that the privatised operator will be permitted to offer. In an open letter to the government, the country’s casino trade union ‘Casinos …

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Brazil finalizes sports betting licensing plans

Brazil’s Ministry of Economy has produced its first draft of regulations for sports betting. If accepted, the country wouldn’t limit the number of licenses that could be issued, and operators would pay an annual tax rate of 1 per cent on turnover. After outgoing President Michel Temer signed the approval …

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UKGC suspends EveryMatrix license

ukgc

The UK Gambling Commission (UKGC) has suspended with immediate effect the online casino and betting operator license of EveryMatrix as part of a review of the company’s customer interaction framework. Throughout the commission’s review, EveryMatrix would not be able to provide B2C services, including offering real event betting or betting …

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NetEnt acquires Red Tiger Gaming in €245m deal

Stockholm-listed casino games developer NetEnt has agreed the first acquisition in its history, with a deal to take control of slot specialist Red Tiger Gaming worth up to £220m (€245.3m). According to NetEnt’s official announcement, this all-cash deal will see an initial consideration of £197m and an additional profit of …

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Japan releases Integrated Resorts basic plan

Japan has launched a public consultation on proposed regulations for Integrated Resorts (IR), including the country’s first casinos, with people able to submit comments on the controls until 3 October. The consultation, which was launched by the Ministry of Land, Infrastructure, Transport and Tourism, kicks off IR basic plan outlined …

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Intralot H1 results suffers decline

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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Caesars sportsbooks to be available in 7 US states

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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Stars Group and Fox partnership enter NJ betting market

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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Scientific Games confirms Turkish lottery deal

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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ComeOn withdraws from UK market

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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FanDuel confirms sportsbook app debut in West Virginia

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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PointsBet results show cost of entry to US market

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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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, …

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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. …

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