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Business
September 18, 2019
Daughter Gambles Away Mother’s Family Home
Mother of girl who committed suicide over gambling losses says more adequate care is needed The Northern Gambling Services works on developing 14 clinics nation-wide to provide better care Volunteers relied on to help local addicts and support them through their fight with addiction. The United Kingdom now has 340,000 people who suffer from gambling […]
Business
September 17, 2019
Morgan Stanley Downgrade’s Price Targets for Poker Stocks
Morgan Stanley has recently downgraded the price targets on GVC Holdings, Playtech and The Stars Group (TSG) amid concerns that the online poker industry will face a long-term threat from poker-playing artificial intelligence (AI). Also known as bots, poker-playing AI has been a hot topic in the online poker and computer science communities for years […]
Business
September 14, 2019
Tribal Gaming in the US Skyrockets to $33.72bn GGR in 2018
Native American casinos generate $33.72 billion in 2018 Year-over-year growth hits 4.1% Tribes work closer together to boost profits Native American casinos have managed to generate a record $33.72 billion in gross gaming revenue (GGR) in 2018. GGR is used to measure the overall performance of casinos out there. Last year’s result constitute a 4.1% […]
Business
September 13, 2019
GAN Revenue Soars to Record 145 Percent Increase YOY
GAN hits record high 145% growth in H1, 2019 Growth boosted by strong US sector GAN confident in future EBITDA prospects Technology gambling supplier GAN has turned a $420,000 H1, 2018 net loss into $3.73 million EBITDA in H1, 2019. The company has reached a 145% increase in revenue year-over-year (YOY). GAN’s Revenue Goes Up […]
Business
September 11, 2019
Inspired Entertainment Inks Deal with NFL Alumni
Inspired Entertainment, Inc. has recently announced that it has entered into a partnership agreement with VEEPIO, the mobile technology arm of the NFL Alumni (NFLA) which is the oldest and most renowned official organization for former players, team staff members, and coaches of the NFL American football league. This agreement will see the name, brand, […]
Business
September 10, 2019
Scientific Games and Caesars Launch Sportsbook in Indiana
Leading casino solutions provider Scientific Games Corporation and behemoth gambling operator Caesars Entertainment has recently launched a retail sportsbook solution at the Indiana Grand Racing & Casino in Shelbyville, Indiana. This launch marks the debut of sports betting in Indiana and makes it the fifth state to go live with the sports betting offering from […]
Business
September 9, 2019
Smarkets Inks Deal with Full House Resorts for Indiana, Colorado
Smarkets begins strong U.S. Push with Full House Resorts Deal The SBK online sportsbook to launch in Indiana and expand to Colorado Vote in Colorado’s November referendum needed Smarkets, an innovative provider of gaming and sports betting solutions, have struck a deal with Colorado and Indiana’s Full House Resorts. As a result, Smarkets will launch […]
Business
September 5, 2019
NetEnt Completes Red Tiger Acquisition for £220m
NetEnt acquires Red Tiger in £220m deal That constitutes 12 times NetEnt’s projected EBITDA for 2019 The last tranche to be paid by 2022 and valued at £23 million NetEnt has revealed Red Tiger acquisition, paying £220 million to acquire the rival gaming vendor. The companies are hoping to achieve new synergies and accelerate growth […]
Business
September 5, 2019
William Hill Boss Steps Down, Chief Digital Replaces Him
William Hill replaces Bowcock as CEO Chief of digital Ulrik Bengtsson takes the job on September 30 The company will be focusing on digital expansion moving forward William Hill CEO Philip Bowcock has announced his retirement from the post, giving way to Ulrik Bengtsson, the current head of digital within the company. Bowcock Steps Down […]
Business
September 3, 2019
Fox Sports and The Stars Group Launch Fox Bet
Partnership between the two brands unrolls the red carpet to their online sportsbook brand in New Jersey Available on Android and iOS, Fox Bet will offer daily coverage with featured hosts and pre-match, and in-play wagering on a variety of sports Having struck a 25-year commercial agreement, the aim is for Fox Bet to become […]