Posts From: August 2020

IGT revenue down 48% following Covid-19 lockdown hit

Impacted by the Covid-19 pandemic, International Game Technology posted a sharp drop in revenue of 48% during the second half of 2020. The operating performance, which already slowed down in...

Business News
ALOT Solutions Makes Significant Investment in G Games

ALOT Solutions has announced that it has made a significant equity investment in G Games – a leading game design and development company that ‘puts fun at the heart of...

Business News
GiG enters Buenos Aires with Grupo Slots deal

GiG has signed a head of terms agreement with Grupo Slots, Argentina’s premier gaming and entertainment group, to enter the regulated City of Buenos Aires online gaming market. Grupo Slots...

Business News
END 2 END launches Bingo Multicolor’s inaugural online operation

END 2 END has partnered with Costa Rica’s top operator of physical Bingos to launch its inaugural online operation. Bingo lovers will be able to access Bingo Multicolor’s content via www.bingomulticolor.com....

Business News
GVC to Support YGAM Parent Hub

GVC Holdings welcomes the launch of the Young Gamers and Gamblers Education Trust’s (YGAM) Parent Hub, a new portal providing information, activities and support to help parents and carers understand...

Business News
Tabcorp set to lose billions from COVID-19 hit

Tabcorp has warned the economic downturn caused by the coronavirus pandemic has reduced the value of its business by more than $1 billion. In an update provided to investors on...

Business News
Spiffbet acquires Goliath Casino

Spittbet has acquired online casino Goliath, the acquisition will generate significant synergies between Goliath, Metal Casino and Spiffbet’s gaming production. Goliath operates the online casino Goliath Casino with a focus...

Business News
bet-at-home reports first-half revenue drop

bet-at-home.com posted a fall in revenue to €49.1m for the first half of 2020. With the COVID-19 pandemic impacting the operator’s sports betting results from mid-March, bet-at-home.com saw total betting...

Business News
NBA signs betting deal with OEG

Olympic Entertainment Group (OEG) and the NBA National Basketball Association signed a multi-year exclusive agreement, which makes OlyBet the exclusive sports betting partner for the NBA in Estonia, Latvia, Lithuania...

Business News
Government “wrecking ball” to casino industry is costing millions and half the jobs are now “at risk”

Industry standards body The Betting and Gaming Council (BGC) has warned that the UK Government’s last minute reversal of plans to allow casinos to reopen on 1 August has dealt...

Business News