Betting

Although Scottish betting shops were legally allowed to reopen from 29 June, last-minute orders by the SNP forced shops to remove in-store seating, as well as turn-off machines and all live sports broadcasts, a decision that cost betting shops 95% in profits, according to the Betting and Gaming Council (BGC). The BGC praised the government’s […]

The operator saw growth for the first quarter of 2020 despite what it describes as “global economic difficulties.” Newgioco reported a 10% year-on-year revenue rise for the first quarter of 2020, with revenue totalling $10.2m for the period. The operator attributed the revenue increase to the transition from land-based to online gambling in its active

The operator attributed this decline to “legal restrictions in individual markets.” Bet-at-home has operations in Germany, Austria, Malta and Gibraltar. Group EBITDA was €15.8m for the same period, representing a decrease of 26% in comparison with 2019, while earning before taxes were €14.9m, down 27%. Bet-at-home increased its marketing expenses to €13.6m, a rise of

The deal gives the operator, a joint venture between MGM Resorts and GVC Holdings, the rights to NASCAR marks and will promote the stock car auto racing sanctioning body’s offerings on BetMGM’s app, website, social media channels and retail sportsbooks. As an authorised gaming operator, BetMGM will collaborate with NASCAR to introduce in-race betting options

Adjusted EBITDA was also up 59% on a reported basis, to £342m, and 35% on a pro forma basis to £684m. However, profit before tax fell a sharp 70% to £24m. The operator’s share price was up 2% to £127.80 after its H1 report was published. Flutter attributed its H1 performance to enhanced diversification following

The exectuive has said he holds “different views on how to position and develop the company,” thereby leading to a “common decision to separate our paths.” Interwetten hired Beier as speaker of the board in December 2018, when he was just 27. He went on to state his intentions to Gambling Insider, suggesting Bwin and

Mobile wagering also had a solid showing in July with a handle of $4.4m, up 109.5% from June’s $2.1m, according to reports from the Rhode Island Lottery. While mobile sports betting wasn’t available in the State in July 2019, the July 2020 mobile handle accounted for 65.4% of the total sports handle for the month.

Casinos were permitted to reopen in England from 15 August – a decision welcomed by the BGC as “belated good news.” Scottish and Welsh casinos were permitted to reopen from 24 August and 29 August, respectively. Despite this, Simmonds has warned that high-street gambling will only survive with the assistance of the Government. She said:

Under the deal, Betgenius will provide the operator live streams for thousands of sporting fixtures, as well as live trading for each event, which will be powered by official data. The Betgenius streaming service will allow Betsson to offer round-the-clock live streams for an array of sports including football, basketball, tennis and volleyball, and enhance

Rumours of Caesars merging with William Hill were previously mooted but, following Eldorado Resorts’ $17.3bn acquisition of Caesars, the operator now has more market power when it comes to acquiring its fellow retail and online operator. Caesars has since emerged as a candidate, alongside Apollo Global, for a £2.9bn ($3.72bn) takeover of the company. Where William