Events & Reports

Las Vegas Visitors Set Bigger Gambling Budgets in 2016

by April 6, 2017

Patrons spent less time at Las Vegas casinos last year, but set aside more money for gambling, the results from a report commissioned by the Las Vegas Convention and Visitors Authority (LVCVA) show.San Francisco-based research firm GLS Research interviewed 3,600 tourists ove ...

Conflicting Gambling Bills Reach Florida Legislature

by April 6, 2017

The Florida House voted on Wednesday 73-40 in favor of a bill that if adopted with its current provisions will basically shrink the state’s gambling industry to few select options. To be more precise, the Legislature’s lower house aims to keep the existing gambling status quo. ...

European Commission Approves Portugal’s Online Gambling Technical Standards Framework

by April 5, 2017

The European Commission has approved a technical standards paper submitted by the Portuguese gambling regulator – Serviços de Regulação e Inspeção de Jogos (SRIJ) – that sets a technical standards framework in relation to the provision of iGaming services.Among other importan ...

Gambling Merger and Acquisition Activity in 2017’s First Quarter

by April 4, 2017

Consolidation within the gambling industry has taken unprecedented scope over the past several years. In 2015, three pairs of some of the world’s largest operators decided to tie the knot, thus changing the global gambling landscape significantly.Increased merger and acquisit ...

PokerStars Adds More Changes to Rewards Program

by April 4, 2017

PokerStars is set to implement more changes to its rewards program, Séverin Rasset, Director of Poker Innovation and Operations for the online poker room revealed in a post in its corporate blog. The changes will take effect in May and Denmark will be the first regulated jurisdic ...

Why Online Gambling Operators Avoid Tax-Heavy Jurisdictions

by April 3, 2017

Poland’s new gambling law came into effect on Saturday, April 1, 2017. And although its original idea was for the country to introduce a regulatory regime that complied with contemporary demand and the overall iGaming environment in Europe, things actually went a bit wrong.T ...

Macau Posts Highest Casino Revenue Increase Since February 2014

by April 3, 2017

Macau’s casinos generated MOP21.2 billion ($2.6 billion) in gross gaming revenue in March, figures by the Gaming Inspection and Coordination Bureau show. The amount reported reflects an 18.1% increase from the same month a year earlier.The rise was the highest year-on-year o ...

New England’s War for Casino Patrons Heats Up with New Gambling Expansion Legislative Efforts

by April 2, 2017

After the New Hampshire Senate passed earlier this week a bill that would legalize the construction of up to two casinos, it can be said that the war for precious casino clientele will probably intensify even more in New England.Located in the US Northeast, the New England r ...

Sweden May Regulate Online Gambling Market in Early 2019

by March 31, 2017

Following media reports from earlier this week, the results from a year-and-a-half long probe into Sweden’s gambling industry were published today.Commissioned by the Swedish government and led by Lotteriinspektionen Director General Håkan Hallstedt, the review recommends tha ...

William Hill Appoints Ruth Prior as CFO to Mend Profitability

by March 30, 2017

Gambling operator William Hill today announced that Ruth Prior will replace Philip Bowcock as Chief Financial Officer. Mr. Bowcock has recently been appointed as the company’s new CEO after it had looked for a new head for almost a year.Ms. Prior is joining William Hil ...

Bookmakers Bet Big on French Presidential Election

by March 29, 2017

A surprising 2016 that saw Britain vote ‘leave’ on the EU referendum and former casino mogul Donald Trump defy all logic and become the 45th President of the United States taught us all a lesson that the unpredictability of politics should never be underestimated....

New Swiss Law Fences Online Gambling Market to Local Casino Operators Only

by March 29, 2017

The regulation of the Swiss online gambling market has been discussed as an important topic by local lawmakers for several years now. The Swiss Parliament has recently made progress in the creation of a new set of regulations, although its efforts may not be very welcomed by many ...

Ladbrokes Coral Hails UK Retail Performance Ahead of Looming FOBTs Crackdown

by March 28, 2017

Gambling operator Ladbrokes Coral posted its first post-merger annual financial report after Ladbrokes and Coral combined their operations in November 2016. Pro forma revenue amounted to £2.4 billion for the year ended December 31, 2016, reflecting an increase of 11% from 2015. ...

Why Operators Leave Poland’s ‘Liberalized’ Gambling Market

by March 26, 2017

Online gambling has seen its role for the growth of the overall gambling industry increase significantly over the past decade or so. The Internet has allowed players (almost) unlimited access to different betting and gaming options and the convenience of not having to go to a spe ...

Crown Resorts Averts Focus to Domestic Casino Operations to Reduce Instability

by March 25, 2017

With market cap of around A$8.4 billion, Crown Resorts Ltd. is one of Australia’s largest casino operators. The company runs two integrated resorts – one in Melbourne and the other in Perth. A third such property is slated for 2020 opening in Sydney’s Barangaroo precinct.The ...