Minister for Gaming Dismisses Worries about Gibraltar Online Gambling Industry

by July 2, 2016

Gibraltar-based online gambling operators will remain committed to their operations, despite fears that the Rock will be the British Overseas Territory to suffer the most from the exit vote, Minister for Financial Services and Gaming Albert Isola told local media.Last week, ...

Macau Casino Revenue Drops 8.5% in June

by July 1, 2016

Macau’s Gaming Inspection and Coordination Bureau today released information about the financial performance of the city’s casinos in June. Gross gaming revenue was down 8.5% year-on-year to MOP15.9 billion ($1.99 billion).June has been the 25th consecutive month ...

Playground Poker Club and partypoker Form Multi-Year Partnership

by July 1, 2016

Online poker brand partypoker announced that it has signed a key partnership agreement with Playground Poker Club in Montreal, Canada, known to be among the most popular poker destinations in the country.Playground Poker Club occasionally plays host to WPT stops. Its partners ...

Nektan Expects 160% Revenue Growth in H2

by July 1, 2016

Provider of mobile gaming content Nektan PLC today posted preliminary information about its performance in the financial year ended June 30, 2016. The company’s management said that it expects a 160% growth in H2 net gaming revenue as compared to the figure reported for the ...

UK Gambling Commission Posts Latest iGaming Industry Statistics

by June 30, 2016

The UK Gambling Commission today provided an up-to-date overview of the state of Great Britain’s online gambling industry based on figures from all licensed operators offering online gaming options to local players. The information posted is an update of the last such set o ...

Ladbrokes Opts for SIS Virtuals Content

by June 30, 2016

Provider of solutions for the online and retail sports betting industry SIS announced today that it has penned a virtuals content distribution agreement with leading gambling operator Ladbrokes. Under the recently signed deal, SIS would provide the betting and gaming operator wit ...

North Bay Residents Oppose Rezoning for Waterfront Casino Development

by June 30, 2016

Residents of North Bay, a city in the Canadian province of Ontario, voiced their opinion on the proposed rezoning of a waterfront property for the potential construction of a casino on the site at a Wednesday meeting with the city’s Planning Advisory Committee.If the r ...

Norsk Tipping Appoints Åsne Havnelid as New CEO

by June 29, 2016

Norsk Tipping, one of Norway’s two state-run gambling operators, announced the appointment of Åsne Havnelid as Chief Executive. Ms. Havnelid is to replace Torbjørn Almlid on the post. Mr. Amlid announced that he was to depart back in March.Prior to her appointment, Ms. ...

SBTech Becomes Latest Provider to Enter Romania’s Gambling Market

by June 29, 2016

With Romania further opening its regulated gambling market, SBTech has become the first provider of sports betting solutions to be licensed by the country’s gambling regulator – Oficiul National pentru Jocuri de Noroc (ONJN).The sportsbook supplier announced today that ...

Sportech Receives £93 Million for ‘Spot the Ball’ VAT Repayment Claim

by June 29, 2016

Online gambling company Sportech PLC today provided an update regarding its long-standing legal dispute with Her Majesty’s Revenue & Customs. According to the latest information released, HMRC has paid Sportech the total amount of £93 million in relation to a claim the ...

Intertain Appoints New Chairman and CEO

by June 28, 2016

Canadian gambling operator Intertain today announced the appointment of Neil Goulden as Chairman of the Board and Andrew McIver as Chief Executive Officer and Director. Both officials have assumed their new roles at the company immediately.Mr. Goulden is succeeding David Dan ...

Unfavorable Sportsbook Margins and Exchange Rate Fluctuations Impact Betsson Q2 Revenue

by June 28, 2016

Swedish gambling operator Betsson AB today provided trading update on its financial results ahead of the end of this year’s second quarter. The company said that it expects revenue of between SEK920 million and SEK945 million to be generated within the period in review....

South Korea Gaming Tax Revenue Up 4% in 2015

by June 28, 2016

Gaming tax revenue in South Korea was up 4% year-on-year in 2015, reaching the amount of KRW2.4 trillion ($2.06 billion), the National Gambling Control Commission announced on Monday. In comparison, a total of KRW2.3 trillion was contributed to the country’s government in 2 ...

Wynn Resorts Confirms August 22 Wynn Palace Opening Date

by June 27, 2016

Major gambling operator Wynn Resorts and its Macau-based subsidiary Wynn Macau confirmed today that the much-anticipated opening of Wynn Palace is scheduled to take place on August 22. The $4.1-billion luxury integrated casino resort is to be launched after multiple delays in the ...

Ainsworth Game Technology Shareholders Nod Majority Stake Sale

by June 27, 2016

After shareholders of Australian slot machine manufacturer Ainsworth Game Technology Ltd. approved the sale of majority stake to Austrian gambling giant NOVOMATIC AG, the latter will be able to move forward with the proposed acquisition, a Monday statement to the Australian Secur ...