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
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
TG Lab awarded MGA licence

TG Lab has been granted its Critical Gaming Supply Licence by the Malta Gaming Authority (MGA). This B2B licence provides the business with the opportunity to strengthen its position as...

Business News
William Hill backs Caesars £2.9 billion takeover bid

William Hill said on Wednesday it had agreed to be acquired by Caesars Entertainment. The recommended cash acquisition pursuant to which Caesars will acquire the entire issued and to be...

Business News
Scientific Games named as Hard Rock’s sports betting and iGaming provider

Scientific Games was selected by long-term partner Hard Rock International to deliver its OpenSports™ and OpenGamingTM solutions across regulated markets in the U.S. Initially, Scientific Games will deploy its OpenSports digital and retail solutions for...

Business News
Leeds United team up with YGMA to raise gaming and gambling awareness

The Leeds United Foundation is working with national charity the Young Gamers and Gamblers Education Trust (YGAM) to educate and safeguard young people in the region from gaming and gambling-related...

Business News
PAGCOR seek to stop illegal online gambling

PAGCOR has received information that certain persons have been organizing illegal Bingo games and online gambling and using Facebook to promote such illegal activities. The public is warned not to...

Business News