Posts From: April 2019

Dream11 becomes India’s first ‘gaming’ unicorn

Mumbai-based fantasy gaming startup Dream11 has joined the Indian unicorn club with an investment from Steadview Capital. According to the company statement, the deal involves a secondary sale of shares...

Fantasy Sports
AGTech signs new Sports Lottery deal

AGTech has announce that its wholly-owned subsidiary, Beijing AGTech GOT Technology has won the lottery terminals procurement tender to supply lottery terminals to the Sports Lottery Administration Center in Guangxi...

Lotto
UKGC launches new National Strategy to Reduce Gambling Harms

The Gambling Commission has launched a new National Strategy to Reduce Gambling Harms, a three-year strategy which will drive and coordinate work to bring a lasting impact on reducing gambling...

Business News
Churchill Downs returns to revenue growth

Churchill Downs Inc. reported higher adjusted earnings for the first quarter, beating analysts’ estimates. The company’s revenue for the quarter rose to $265.4 million from $189.3 million. Net income for...

Business News
GVC Calls for Complete Ban on UK Gambling Advertising

GVC Holdings has today called for an end to all UK sports-betting broadcast advertising, at any time of the day, on live and repeated sporting events (exempting horseracing). Under GVC’s...

Marketing
Evolution Gaming profits and revenue rise

Evolution has been off to a strong start in 2019, both in terms of growth and profitability. Revenues in the first quarter amounted to EUR 79.3 million, corresponding to an...

Business News
Digital Fuel Marketing Cements Their US Presence with Second Licence Application Acceptance in Pennsylvania

Wagering industry specialists, Digital Fuel Marketing, have cemented their position in the USA with the company now listed as authorised to operate in Pennsylvania. The acceptance in Pennsylvania is a...

Business News
Sweden to toughen up regulations on gambling ads

Sweden’s government said on Wednesday it would look at whether to ban advertising by online casinos and other forms of gambling as it seeks to tackle a rise in addiction,...

Business News
Kentucky Lottery hits highest sales month in history

The Kentucky Lottery posted its highest sales month in history – and broke another record that had stood for nearly three decades. March sales were $116.1 million. This beat the...

Lotto
Svenska Spel’s digital business continues to grow strongly

Svenska Spel’s digital business continues to grow during the first quarter of the year and the Sports & Casino business area is increasing its revenues. This is shown by Svenska...

Business News