1960 articles
Reading Time: 1 minute Norway’s $1 trillion sovereign wealth fund, the world’s largest, should be forced to sell its stakes in companies involved in the gambling industry, according to a proposal by two opposition parties in the Norwegian parliament. The wealth fund’s investments in gambling firms amounted to around 26 billion Norwegian crowns ($3.3 billion) […]
Reading Time: 2 minutes BETDAQ Chase Day marks betting exchange’s return to UK racing sponsorship Friday, February 16, 2018 – BETDAQ has agreed its first UK racing sponsorship since May 2016 after partnering with Kempton Park for BETDAQ Chase Day on Saturday, February 24, 2018. The six-race, headline sponsorship includes the Grade 2 BETDAQ […]
Reading Time: 1 minute Veikkaus, the Finnish National Lottery operator revealed that its three-way merger empowered it to acquire its financial anticipations for the first year. Fintoto, Finland’s Slot Machine Association (RAY) and Veikkaus, ever since January 1, 2017, have hooked up with each other, with three companies working hand in hand as a sole […]
Reading Time: 3 minutes Q4 highlights Revenues for the period increased by 61% to MSEK 51.2 (Q4 2016: 31.8) EBITDA for the period increased to MSEK 21.5 (13.2), yielding a margin of 42% EBIT for the period increased to MSEK 17.5 (9.3), yielding a margin of 34% Number of player transactions (rounds) increased by 87% […]
Reading Time: 2 minutes Buckle up, put on your driving gloves — if you still wear those — and practice your drifting, because Microsoft is looking for the best Forza Motorsport 7 players in the world. The Forza Racing Championship 2018 kicks off in April, and it’s looking for competitors right now. On March 24, […]
Reading Time: 2 minutes CLEVELAND, Ohio – Kent State University is looking to join MAC rivals Akron and Miami in launching a varsity esports program. The specifics of the program haven’t been announced yet, but university officials say they’re close to making their plans known. “The interest level in this is pretty high,” Steven Toepfer, […]
Reading Time: 1 minute While commemorating its 20th anniversary, the Gaming Standards Association (GSA) also rejiggered its Board of Directors to fuel its further advancements. Consequently, Roman Czubak of Novomatic will adorn the post of head of the GSA board and will assume as chair in 2018, while Randy Hedrick from Scientific Games will be […]
Reading Time: 1 minute Spectrum Gaming Group, a non-partisan consultancy that specialises in the economics, regulation and policy of legalised gambling worldwide is all set to extend its responsible gambling programme to cover online and sports wagering in the US. Currently, gaming operators, regulators and legislatures in 36 US states and territories, as well as […]
Reading Time: 6 minutes FOURTH QUARTER 2017 • Group revenue increased by 17% year-on-year to MSEK 607 (519), with organic revenue growth amounting to 16% (41). • Profitability improved and EBITDA increased by 37% to MSEK 141 (103) and the EBITDA margin was 23.3% (20.5). • Profit for the period amounted to MSEK 18 (68). […]
Reading Time: 2 minutes New Jersey’s regulated online gambling market set a new revenue record in January, while the Golden Nugget smashed its own individual operator revenue record. Figures released Wednesday by the New Jersey Division of Gaming Enforcement (DGE) show the state’s online gambling licensees generated combined revenue of just under $22m in January, […]
Reading Time: 2 minutes Nevadas exclusive, Silverton Casino that incorporates a unique blend of excitement, award-winning restaurants, and endless entertainment is all illuminated and charged up, with the unveiling of its very initial ‘Lightning-Link Lounge’ – an expanse in the casino floor devoted predominantly to the world’s most sought-after video slot game – ‘Lightning-Link’. Lightning-Link […]
Reading Time: 2 minutes Uruguay will follow through on its threat to begin blocking international online gambling sites within days, according to the state-owned gambling monopoly. Last September, Uruguay’s President Tabaré Vázquezsigned legislation banning all online gambling except the Supermatch sports betting product offered by the National Directorate of Lotteries and Quinielas(DNLQ). The legislation also […]
Reading Time: 1 minute The authority of Russian gaming expanse rejected the potentially escalating taxes. The local gaming authority refused to admit the elevation of gaming taxes in Primorye, the Russian casino city. As per the information circulated by the government of Primorye Gaming Zone this week, the Primorye legislators rejected the legislative devise to […]
Reading Time: 2 minutes MACAU, China (February 13, 2018) – As we enter the new year, GLI Asia is celebrating ten years of service to the Macau gaming market and to the operators, regulators, and suppliers of the surrounding regions in Asia-Pacific. The expert testing and consulting staff has been honored to diligently serve clients […]
Reading Time: 3 minutes Las Vegas, Feb. 14, 2018 – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or “the Company”) announced that its wholly owned subsidiary, Scientific Games International, Inc. (“SGI”), successfully completed a series of financing transactions, including (i) a private offering of $900 million additional aggregate principal amount of its 5.000% senior secured notes […]
Reading Time: 1 minute The Japanese legislators are excogitating a proposal in order to execute a limit on the number of casino entries, to up to three-times-a-week. Once the casino operations receive a green light, the Japanese residents might encounter a maximum limit on casino entry. The local press disclosed that the legislators are seriously […]
Reading Time: 1 minute Interblock®, world’s finest electronic table games company that develops and supplies automated electronic table games to casino operators worldwide, today announced the joining of a new functionary on its board – James Saccente. James will assume as the Director of Gaming Operations & Analytics wing of the company. Accordingly, James will […]
Reading Time: 1 minute The Premier League main shirt sponsorship deals for the 2017/18 season will be subdued by Gambling companies, with over half of top-flight clubs of Ghana sporting the logos of betting and online gambling companies. It is anticipated that as many as NINE top-flights sides will be powered by betting companies to […]
Lisbon, February 15th, 2018 – eGamingServices was present in one of the most reputed events in the igaming industry, celebrated last week in London: ICE Totally Gaming and London Affiliate Conference (LAC), to promote and offer their services for online gaming operators looking to enhance their business in Latin America, Africa and Europe. ICE Totally […]
A new online campaign has been planned to reach out to the latest generation of gamblers. Racing and Gaming Minister Paul Papalia says the number of people gambling online is increasing. “This program is targeting this latest generation of gamblers and potentially reach out to a lot more who have any problems, and notify them […]