Posts From: September 2020

BGC welcomes tough new Gambling Commission rules on VIP schemes

Standards body the Betting and Gaming Council has welcomed new Gambling Commission guidelines on the use of ‘VIP schemes’ by operators. The move follows the publication by the BGC of...

Business News
888 surpass profit targets after online growth and return of sport

888 Holdings said Wednesday that adjusted earnings for 2020 will be significantly ahead of its previous expectations, and declared a special dividend. Pretax profit for the first six months of...

Business News
NSoft games go live with Merrybet

Nigeria based betting operator, Merrybet, has extended its existing online betting operations with a set of NSoft virtuals and draw-based games. The agreed integration includes virtuals: horse and dog races as well as Motorcycle...

Business News
Penn National Gaming raises $982.1m

Penn National Gaming has closed on its underwritten public offering of 16,100,000 shares of its common stock, $0.01 par value per share. The Offering includes 14,000,000 shares of its common...

Business News
PointsBet Launches Retail Sportsbook At Hawthorne Race Course

Hawthorne Race Course and PointsBet have partnered together to open Illinois’ newest retail sportsbook and the closest in-person sports betting destination to downtown Chicago.  PointsBet, a premium global sportsbook operator, debuted its mobile app and...

Sports Betting
Operators to monitor high-spending ‘VIP’ customers under strict new rules

The UK Gambling Commission has announced strict new guidance for operators in order to clean up the malpractice of so-called VIP schemes stating that if the guidance is followed there...

Business News