According to the Swedish regulator Lotteriinspektionen, the online gambling market revenue increased 11.4 per cent to US$12.5 billion, but only less than half of it was generated by licensed operators, with a 14.9 per cent increase to US$5.8 billion. Gross gaming revenue in the regulated Swedish market came in at …
Read More »
U.S. private giant Blackstone Group announced the acquisition of Spanish casino and bingo-hall operator Cirsa Gaming Group, which operates in Spain, Italy and Latin America, with the exception of the Argentinean business, which will continue to exist as a separate entity under the rule of Cirsa founder Manuel Lao Hernandez. …
Read More »
Online betting exchange Betdaq has agreed a one-year extension to its sponsorship at Punchestown Festival, Ireland’s major international horse racing event. BETDAQ are one of the more active operators in terms of diversifying their sponsorship portfolio and previously they have thrown themselves behind a specific race at the Punchestown Festival, …
Read More »
A Louisiana Senate committee voted 22 in favor and 14 against the initiative to move 15 river casinos ashore in an effort to increase the state budget by tax revenues from gambling operators. Ship casinos contributed $415 million to the Louisiana budget in 2015-16. The casinos will only be able …
Read More »
CEO Mr Green Per Norman reported that the company’s revenues grew by 38% compared to the same period last year. Total revenue reached $43.75m for the first three months of the year compared to $31.71m in Q12017 representing a growth of 38%, well above the companies 20% target. This growth …
Read More »
The Swedish company-developer of games for online casinos Play’n GO has released a new slot machine in the Egyptian thematic Legacy of Egypt. The central feature of the five-reel slot, 30-line slot explores the land of the Pharaohs where powerful gods and wealthy leaders compete on the reels as explorers …
Read More »
Henrik Tjärnström, CEO of Kindred Group, reported an annualized increase in a number of key financial indicators for the first quarter of 2018. Kindred Group reported Q1 revenue growth of 36% to £207.8m (€237.6m), although the firm’s share price dipped over fears of slowing growth in both sports and gaming. …
Read More »
The Norwegian gambling regulator Lotteri-og Stiftelsestilsynet made proposals to restrict access to companies with an international license to the internal market of Norway. This implies more stringent regulatory rules in accordance with the proposed new gambling legislation. The state-owned companies Norsk Tipping and Norsk Rikstoto, which are based in the …
Read More »
Games developer Pragmatic Play signed a deal with Mr Green, under which the portfolio of his games will be launched online on the operator’s platforms. Among the main achievements of Pragmatic Play are Wolf Gold, Diamond Strike, Gold Rush and Hot Safari. Mr. Green Benedict McDonagh, head of the department …
Read More »
One of the largest suppliers of online gambling and digital entertainment content Kindred Group has developed and launched a betting site for the competition for horse racing in the UK and Ireland. The new service offers players 24 hours service on all major racetracks. It is noted that the new …
Read More »
Sky Betting & Gaming (SBG), which belongs to CVC Capital Partners and Sky plc, may be absorbed by Stars Group. The Canadian gambling giant announced that it can make one of the largest corporate acquisitions in 2018, having issued a purchase of cash and shares for a total of $4.7 …
Read More »
The developer of the game software Habanero announced the cooperation with the Asian supplier of sports betting RWB Solutions International. As part of the agreement, RWB will provide access to the full collection of Habanero games to a number of regional brands, including Supotsubet.com. Among the announced games, the latest …
Read More »
The bookmaker and gambling company Paddy Power Betfair announced the extension of the long-term partnership with London-listed internet gaming software firm Gan in the US state of New Jersey. GAN will continue to provide the Paddy Power Betfair platform in the regulated local online gambling market. The two companies first …
Read More »
In the central part of Vietnam, along a three-kilometer (2-mile) stretch of coastline, construction cranes are digging up mounds of sand and rubble where the country’s biggest casino is set to open next year. There are fewer than 10 casinos in Vietnam, mostly smaller ones outside major cities. At present, …
Read More »
In November Colombian gambling regulator Coljeugos said that pooling liquidity would allow Colombia to become “even more competitive” and suggested regulated markets such as France, Italy, Portugal and Spain, which last year cleared the way for operators active across more than one of the ringfenced markets to merge their respective …
Read More »
The developer of platforms for lottery operators Twelve40 announced a partnership agreement with the company Twelve40. Under the terms of the deal, the portfolio of Twelve40, including video poker, table games and more than 100 video slots, including top Wild Guns and Dracula’s Castle will be integrated with the Wazdan …
Read More »
Leading Romanian operator has agreed a deal with Stockholm-listed sports betting provider Kambi Group. The deal follows an extensive tender process, with Stanleybet Romania careful to select a trusted partner with the ability to provide a secure and high-quality sportsbook, as well as the differentiation capabilities required to succeed in …
Read More »
The Stockholm developer of gambling products Scientific Games announced the beginning of cooperation with the Hungarian provider of gaming services Szerencsejáték Zrt. Scientific Games is now Szerencsejáték Zrt.’s sole provider of gaming systems technology and is responsible for the development, installation, and maintenance of the systems. The omni-channel platform allows …
Read More »
Swedish gaming operator Cherry AB reported financial results for 2017, according to which revenues was $267,668 during 2017, more than doubling the $130,981 reported during the full-year 2016. Company EBITDA also registered triple digit growth, rising by 146% from a 2016 high of $20,681 to a 2017 record of $50,990. …
Read More »
The Australian gaming brand PlayUp announced the acquisition of the popular among the Australians bookmaker ClassicBet, in a deal that will immediately increase PlayUp’s annual gross gaming turnover by more than AUD$200M. The acquisition will support PlayUp’s ongoing growth strategy in the country, having also recently purchased the Draftstars fantasy …
Read More »
GamblersPost Gamblers Post is a dedicated news and networking portal in the online gambling industry which features news, opinions, interviews as well as product and software reviews.