CAESARS HIT BY LOSSES DESPITE REVENUE GROWTH IN FIRST HALF
Caesars Entertainment has reported a net loss of $532m (£437.0m/€474.9m) for the first half of 2019, despite also experiencing a year-on-year increase in net revenue. The US casino giant generated revenue of $4.34bn during the six months to June 30,…
SWEDISH FA HITS BACK AT REGULATOR IN FOOTBALL BETTING SUSPENSION CLASH
The Swedish Football Association (SvFF) has hit out at the country’s gambling regulatory body, Spelinspektionen, for not prohibiting licensed operators from offering betting on a domestic football club competition, despite its warning of suspected match fixing. Last month saw the SvFF reveal that…
SWEDEN, THE UK GIVE PRAGMATIC’S IGAMING PLATFORM THE GREEN LIGHT
Across the globe, online gaming continues to spread. The U.S. and Asia are beginning to see an introduction into the activity, but countries across Europe seem to be the most anxious to allow entry by international operators. Sweden and Denmark have seen…
STAKING COMPANY SUES WSOP MAIN EVENT 7TH PLACE FINISHER, NICK MARCHINGTON
Prominent poker staking company C Biscuit Poker Staking sues the seventh-place finisher of the World Series of Poker Main Event, Nick Marchington, for 10% of his $1.5m windfall over a staking deal gone wrong. At 21-years of age, had Nick…
SERIE A APPOINTS GENIUS SPORTS AS DATA LEAD FOR BETTING SERVICES
Ahead of the start of a new European football season, sports data and technology providerGenius Sports Group secures the official rights to collect and distribute Serie A betting data through its Betgenius subsidiary. Strengthening Serie A integrity provisions, Genius Sports will capture match data utilising…
LIGUE 1’S GIRONDINS DE BORDEAUX SCORES PARTNERSHIP WITH BETCLIC
Online gambling operator, Betclic Everest Group has entered into a major partnership deal withFrench Ligue 1 football club, Girondins de Bordeaux. With the agreement stretching for two years, the partnership will cover the 2019-20 and 2020-21 seasons, with the Betclic branding set to appear…
LATVIA PUSHES FOR MORE GAMBLING CURBS AS ONLINE REVENUE JUMPS
Latvia’s gambling market continued to grow in the second quarter of 2019 even as the government proposes further curbs on gaming activity. Figures released last week by the Lotteries and Gambling Supervisory Inspection of Latvia (IAUI) show state-licensed gambling operators…
KENYAN BETTING OPS, GOV’T IN COURT OVER PAYMENT SUSPENSION
Kenya’s leading sports betting operators were back in court on Monday trying to get their suspended digital payment channels restored. On Monday, the High Court in Nairobi heard testimony from formerly Kenyan-licensed sports betting operatorsSportPesa, Betin and 1xBet. The companies are seeking the…
PORTUGAL’S ONLINE CASINO REVENUE SURPASSES SPORTS BETTING
Portugal’s online gambling market set another revenue record in Q2, thanks to a serious surge in online casino activity. Figures released Thursday by the Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) regulatory body show the market…
GVC DONATES FOOTBALL SPONSORSHIP TO GAMBLEAWARE IN ATTEMPT TO TACKLE PROBLEM GAMBLING
Sports Betting and gaming group GVC Holdings has announced that it will be removing many of its sponsorship assets for the upcoming football season today, after announcing that they will instead be donating them to GambleAware’s ‘Bet Regret’ campaign. With the Scottish Professional Football League kicking…