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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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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Italian gambling firm Newgioco Group, Inc. has disclosed new plans to expand into the US sports betting market, where several other European companies are eyeing the newly liberalized sports betting market. Ahead of its expansion, Newgioco confirmed that it has plans in place to develop and publish a US-focused demo betting …
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With the launch of Nanocasino.com, Global Gaming has returned to Sweden nearly two months after its local license was revoked for serious deficiencies in its anti-money laundering and KYC practices. Last month the company announced a partnership with Scandinavian online gambling content and platform provider Finnplay. The first product of …
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The chief executive of Rakuten’s Americas operation, Amit Patel, has revealed that Rakuten is looking to “play the long game” when it comes to its jersey patch deal with the National Basketball Association’s (NBA) Golden State Warriors. The three-year partnership between the duo signed in 2016, which is estimated to be worth close to …
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Ahead of the upcoming football season, GVC Holdings has confirmed that it will be donating a number of its current sponsorship deals to GambleAware’s ‘Bet Regret’ campaign. The move will apply to sponsorship deals across England and Scotland, including GVC-owned Ladbrokes’ title sponsorship deal with the Scottish Professional Football League (SPFL). In the case …
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Sports betting firm William Hill US and Lakeside Hotel & Casino have revealed plans to open a new William Hill Sports Book on the lower level of the Iowa casino on August 15, the same day that sports betting in the Hawkeye State can begin. The sportsbook, which is currently under construction, will offer guests …
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New Zealand’s Department of Internal Affairs (DIA) has launched a public consultation to ask the public to weigh on whether or not the online gambling options for the public in the country should be expanded. The country’s gambling laws date back to 2003, and since then internet technology has developed …
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Penn National Gaming announced five major partnerships that will help the casino operator claim a larger share of the rapidly growing US regulated sports betting market. New York-listed operator has entered into market access agreements with DraftKings, PointsBet, theScore and The Stars Group, as well as a sports betting technology …
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Any online sporting bet operator wanting to be eligible for a license to operate in Germany must cut ties with any online casino operation that is accepting German customers. The Regional Council of Darmstadt, representing the state of Hesse, has ordered all licensees to agree to not offer unregulated forms …
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The United Kingdom Gambling Commission (UKGC) has found “systemic failings” at the Ladbrokes Coral Group, which lead to imposing a penalty package consisting of a £5.9m (€6.4m) payment and a series of improvement measures that must be implemented by new owner GVC. £5.9m is one of the largest penalty packages …
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