Posts From: February 2019

Losses widen as 500.com invests in technology

500.com has reported its unaudited financial results for the fourth quarter and full year ended December 31, 2018. On March 6, 2018, the Company entered into a framework agreement with the China Sports Lottery...

Business News
Scientific Games Reports Fourth Quarter Results

Fourth quarter revenue rose 8 percent to $885.7 million, up from $823.0 million in the year ago period, reflecting $51.7 million in revenue from NYX, along with growth in our Lottery and Social businesses.  Net income was $206.8...

Business News
UK Gambling Commission considers ban on credit card betting

The UK Gambling Commission on Thursday launched a consultation on the use of credit cards in online betting. Last year the Commission backed the principle that consumers should not gamble...

Business News
Playtech sees higher 2019 earnings

Playtech shares rose more than 15 percent after the gambling software developer said it would buy back shares worth 40 million euro ($45.34 million) and forecast core earnings to rise...

Business News
Sacramento Kings to debut gaming lounge

NBA basketball team the Sacramento Kings has partnered with Swish Analytics to demo what it claims is the league’s first dedicated space for a free-to-play, in-arena predictive gaming experience at...

Business News
BetConstruct signs partnership with SA Gaming

BetConstruct announces a new strategic partnership with an online entertainment platform provider in Asia – SA Gaming. As a result of the agreement, SA Gaming’s various slots and live casino...

Business News
Authentic Gaming pulls Rank with first tier one operator deal

Specialist live roulette provider, Authentic Gaming, has signed a breakthrough UK deal with tier one online gambling operator, Rank.  Under the deal, players at the operator’s Grosvenor Casino and Mecca...

Business News
AGS signs agreement to distribute its market-leading games online in mexico

AGS has announced an agreement to provide its real-money game content to Ainsworth Game Technology’s first online casino, Mustang Money Mexico. AGS Senior Vice President of Interactive Bryan Bennett said, “With...

Business News
Dutch government passes remote gambling bill

Netherlands lawmakers have finally approved the country’s first Remote Gaming Act, enabling the introduction of a regulated online industry. The bill, which was designed to address the problem of the...

Business News
BetConstruct secures ADM approval for Italian market

BetConstruct made it to the licensing list of the Italian Agenzia Dogane Monopoli. BetConstruct continuously expands its operations to the regulated markets. In 2018 we got licensed to provide gaming products...

Business News