Gambling

Stockholm-listed operator Kindred Group has reported a year-on-year increase in revenue for the first half of its financial year, but saw its profits decline in part due to new regulatory costs in Sweden. Despite competing against a tough comparative period featuring World Cup 2018 trading, Kindred continued its positive revenue …

Stockholm-listed sports betting technology supplier Kambi Group Sports has reported a 25.3% year-on-year increase in revenue for the first six months of 2019, with the business boosted by its customers launching in Pennsylvania’s online wagering market. A significant portion of CEO Kristian Nylén’s update was focused on the firm’s activities …

Sports betting affiliate Better Collective has, through its wholly-owned US subsidiary, acquired the assets of Florida based Vegasinsider.com and Scoresandodds.com for a total cash transaction of $20m. Stockholm-listed company will add the two websites to its portfolio of iGaming affiliate sites in the US to benefit from the ongoing regulation …

According to US comedian Doug Stanhope, following a one-star review of Caesars Entertainment’s Rio All Suite Hotel and Casino in Las Vegas, he is now banned from every property in the firm’s portfolio. Stanhope recently took to social media to rant about the fact that the entertainment giant had addressed …

Spanish gambling regulator Dirección General de Ordenación del Juego (DGOJ) has introduced new measures which will ban betting operators from offering betting markets on youth sporting events. The ruling applies to contests in which all of the participants, or most of those competing, are under the age of 18. The …

Dutch gambling regulator Kansspelautoriteit (KSA) has taken action to stop 23 affiliate marketing websites from promoting online gaming brands in the country. Kansspelautoriteit said that its latest campaign involved reviewing 44 affiliate websites that were examined based on the regulator’s observations as well as on reports from external parties. The …

Nordic market adjustments and Dutch declines have seen Betsson AB governance report a 5% year-on-year revenue decline for the second quarter of 2019. Group revenue for the second quarter amounted to SEK1,277.7m (approx. €120.0m), a decrease of 5 per cent year-on-year, as strong sports betting revenue growth of 14 per …

Flutter Entertainment brand Paddy Power has launched a new campaign urging betting operators to stop sponsoring football shirts. The ‘Save Our Shirt’ initiative highlights how in the 2019-20 football season, over half the teams in England’s top two divisions will be sponsored by a bookmaker. The campaign was unveiled after …

French online gambling company Betclic Everest Group won its appeal of the Italian gambling regulator’s decision from earlier this year not to renew the operator’s license for the provision of services in the country. The regional administrative court (TAR) of Lazio issued its ruling on an appeal filed by Betclic …

The government of Ireland is studying the possibility of allowing bookies a tax-free turnover of €2.5 million a year. This move would help smaller, independent operators, which are struggling after the betting tax doubled earlier this year. The ‘Irish Times’ reported that Finance’s Minister Paschal Donohue is prepared to listen …

Gambling revenue in Pennsylvania reached a record $3.3bn (€2.9bn) in the 2018-19 fiscal year, as the US state was boosted by additional income from regulated sports betting and fantasy sports contests. The Pennsylvania Gaming Control Board has reported that total revenue of $3,309,766,175 eclipsed the previous high state fiscal year …

Massachusetts Gaming Commission says their preliminary investigation shows Encore Boston Harbor isn’t cheating gamblers out of their winnings as a class-action lawsuit alleges. In the lawsuit filed on Monday, July 15, a gambler named Richard Schuster claims that in violation of state law the luxury resort and casino is tilting …

Online casino content developer Ganapati has unveiled a new link-up with Manny Pacquiao, ahead of the eight-division world champion returning to the ring against Keith Thurman in Las Vegas on Saturday, 20 July. The brand-new slot game is expected to be released this September and proceeds from it will go …

Court of Arbitration for Sport (CAS) has dismissed an appeal made by KS Skenderbeu of the Albanian Superliga. The dismissal comes after the football club disputed accusations of match-fixing, however, UEFA has now been cleared to implement its sanctions on the Albanian outfit. As a result, KS Skenderbeu will be …

Following recent deals alongside FC Barcelona and Liverpool, 1xBet has deepened it footballing links further after teaming up with English Premier League club, Chelsea. Chelsea’s deal with 1xBet will run for three seasons, from the 2019-20 campaign to 2021-22, with the operator to serve as the club’s official betting partner. …

A new national commission focused on the prevention of sports corruption, and betting-related fraud will soon be created in Spain, after getting the green light from the country’s Ministry of the Presidency. According to the Ministry, the Commission will “develop action plans and recommendations or diagnoses to detect, prevent and …

William Hill US has partnered up with Eldorado Resorts to launch a pair of retail sportsbooks in Iowa. The Hawkeye State is expected to finalize sports betting regulations by the end of August, at which point Hills will set up shop at Isle Casino Hotel Bettendorf and Isle Casino Hotel …

GGRAsia reported progress on the integration resort (IR) scene in Japan, as The Japan Tourism Agency is being reshuffled to form the new International Tourism Department. The Agency will report to the Ministry of Land, Infrastructure, Transport and Tourism and start with 73 people working under Hiroshi Tabata, its inaugural …

Leading Australian bookmaker Sportsbet has refunded those who put money on the New Zealand to win the Cricket World Cup final against England, describing the fashion in which the match was decided as an “absolute disgrace”. The company said it had refunded 11,458 people a total sum of 426,223 AUD …

Finland’s state-owned gaming operator Veikkaus has selected SBTech as its new online and retail sports betting platform provider. Under the agreement, SBTech will integrate its sportsbook platform technology to Veikkaus’ online offering, with the aim of launching early next year. The long-term agreement follows a competitive procurement process and sees …