Inspired warns of “significant” cost-cutting as Q3 revenue and profit fall
The Inspired leisure division accounted for the highest portion of the revenue, at $30.5m, but this was down by 8.6%. Gaming revenue came to $24.1m, a decline...
Puerto Rico grants seven sports betting licences
The Commission said it accepted the recommendation made by the Sports Betting Bureau to grant licences to seven companies, including five temporary licences. The sports betting...
Svenska Spel distributes SEK35m to Swedish grassroots sports
Launched 10 years ago, the Svenska Spel’s Gräsroten campaign has generated more than SEK500.0m for grassroots sports associations and groups across the country to date, allowing more...
DSWV partners IBIA to protect sporting integrity
Under the arrangement, the DSWV and IBIA will work in partnership and coordinate their activities on betting and related integrity issues in Germany. The two associations will...
Aristocrat revenue up 17.7% in FY22, but no timeline for online gambling profitability
Revenue was AUS$5.57bn (£3.17bn/€3.62bn), an improvement on $4.73bn in full year 2021. The year had been an active one for Aristocrat. In the first quarter, it agreed...
Pennsylvania casino fined for allowing underage gambling
The regulator said casino personnel permitted the individual to enter the gaming floor and place bets. This breached Pennsylvania law that states players must be at least...
Allwyn raises €1.6bn amid Camelot acquisition talks
Lenders have committed to providing the financing to Allwyn through several different categories of loans. €441m of the total will take the form of amortising term loans...
Allwyn agrees to acquire Camelot UK
Under the agreement, Ontario Teachers’ Pension Plan Board (OTTP), the current owner of Camelot UK, will become a wholly owned subsidiary of Allwyn. Financial terms of the...
Santa Express by Stakelogic
We also want symbols that pay double and when there are wins, there should be even more wins… with multipliers! Play the demo of Santa Express here!...
Swedish monopolies carving out their place in the market
When the new Gambling Act came into force in 2019, Svenska Spel and AB Trav och Galopp (ATG) face licensed competition online for the first time. They...
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