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Industry
August 5, 2022
UK Gambling Commission Posted Latest Quarterly Operator Data
The Gambling Commission published the latest data related to its ongoing effort to monitor changes in gambling behavior as a result of the current environmental factors in the UK. Quarterly Gambling Data Tracking gambling data on a quarterly basis since March 2020, the Commission published data gathered from online and in-person operations at Licensed Betting […]
Industry
August 5, 2022
Macau Prosecution Formally Charged Former Tak Chun CEO Chan
Levo Chan, the former CEO of junket Tak Chun Group and former chairman of Macau Legend Development, was charged by Macau’s Public Prosecution Office and is facing up to 20 years in jail. Prosecutors Press Formal Charges Chan and eight other people were formally charged by Macau’s prosecutors Friday after the investigation of Chan’s case […]
Industry
August 4, 2022
Fremont Casino’s Sportsbook to Rebrand to FanDuel Sportsbook
An agreement between FanDuel and Boyd Gaming will see the sportsbook at Fremont Hotel Casino in Nevada rebranded as a FanDuel Sportsbook, claims a report in The Nevada Independent. Benefiting from the FanDuel Brand The agreement between Flutter-owned FanDuel and Las Vegas-based Boyd Gaming, which also owns 5% of FanDuel, would rebrand the retail sportsbook […]
Industry
August 4, 2022
PENN Entertainment Posted Q2 2022 Results, Changed Name
Penn National Gaming released its report reflecting the company’s performance in the second quarter of the year and announced its new name, PENN Entertainment. Net Income Sank PENN reported $1.63 billion in revenue for the three months ended June 30, 2022, to post an increase of 5.2% compared to $1.55 billion in second quarter 2021 […]
Industry
August 4, 2022
Bally’s Reported Q2 2022 Results, Revised Full Year Guidance
Hospitality, gaming and entertainment company Bally’s Corporation released today its financial results for the second quarter of the year posting 106% growth in revenue year-over-year. Revenue more than Doubled For the three months ended June 30, 2022, Bally’s Corporation generated revenue of $552.5 million to more than double the $267.7 million the gaming and entertainment […]
Industry
August 4, 2022
Kindred Group GM Neil Banbury Discusses UK Football Shirt Sponsorships
Neil Banbury, general manager at online gaming operator Kindred Group, shared his insight on how gambling advertisements on football player shirts related to other industry misconceptions. The proposition to ban shirt sponsorships is a hotly contested part of the UK’s upcoming gambling reform. The most recent consensus is for Premier League clubs to preemptively accept […]
Industry
August 4, 2022
GamCare to Fight Gambling Harm in UK Criminal Justice System
Interventions Alliance, an organization focused on offering support, advice, and guidance to people in the criminal justice system, announced its newest partnership with gambling-focused UK charity GamCare. The two groups will help reduce gambling-related harm among UK’s prison populations. The New Initiative Will Provide CBT Courses for Prisoners A recent post on the Interventions Alliance […]
Industry
August 4, 2022
Research: Lockdown Gambling Advertising in the UK Skyrocketed
Two separate university studies on gambling advertising spend found out that operators increased the amount of gambling advertising by nearly 50% during the winter lockdowns despite acknowledging people’s anxiety. Ads Stir Problem Gamblers to Spend More The studies from the Universities of Glasgow and Stirling revealed that the amount spent on gambling advertising reached new […]
Industry
August 3, 2022
Better Collective Signed Partnership with The Chicago Tribune
Sports betting media group Better Collective announced today it has entered into a partnership with The Chicago Tribune to complement the offering of the leading source of news and information in the Midwest with betting content. Deliver Engaging Sports Betting Content The new agreement between Better Collective and Chicago Tribune will see the sports betting […]
Industry
August 3, 2022
IGT’s Second Quarter 2022 Financial Performance Stalled
Supplier of gambling technology, software and equipment International Game Technology (IGT) announced Tuesday its second quarter 2022 results and revealed the business is slowing down. Revenues Showed the Business Stalled For the three months ended June 30, 2022, IGT showed total consolidated revenue of $1.02 billion, down 2% from $1.04 billion for the same three […]
