Posts From: November 2018

Offshore gambling sites withdraw after targeted regulatory action

Reforms to the IGA, which came into effect on 13 September 2017, expanded the ACMA’s powers to take action against prohibited and unlicensed offshore gambling sites. ‘Over the past year, we’ve...

Business News
Penn National Gaming concludes active quarter

Penn National Gaming Inc on Thursday reported third-quarter earnings of $36.1 million. The Wyomissing, Pennsylvania-based company said it had profit of 38 cents per share. The results missed Wall Street expectations....

Business News
Derby County sign up to support responsible gambling week

Derby County have today announced the club’s support for Responsible Gambling Week, an industry-wide campaign to trigger a national conversation about what it means to gamble responsibly. Derby’s support will...

Business News
Caesars Entertainment CEO Mark Frissora to leave

The president and CEO of Caesars Entertainment Corp. will step down next year, the casino giant said Thursday. The announcement came just before Caesars reported third-quarter net income of $110...

Business News
Tracey Crouch resigns from UK sports minister role

British sports minister Tracey Crouch resigned from government on Thursday, accusing it of delaying a proposed reform of gambling regulations. The government is to cut the maximum stake on fixed-odds...

Business News
Paddy Power Betfair upgrades full-year forecasts

Paddy Power Betfair has upgraded its full-year profit forecasts as high-rollers from New York splurging 1.5 million US dollars (£1.1 million) a day boosted its performance in the US. The...

Business News
GiG Games receives approval to supply games to B2C operators in the UK

GiG has been granted permission to offer its in-house games under its B2B licence from the UK Gambling Commission (UKGC). The licence complements GiG’s software and B2C licence in the...

Business News
Zynga Announces Third Quarter 2018 Financial Results

Zynga on Wednesday reported third-quarter bookings and current-quarter forecast that missed Wall Street estimates, as the game developer was hit by softness in its “Zynga Poker” franchise and casino slots...

Business News
Ganapati Group exclusive G8C launch party

The Ganapati Group, known in the online casino industry for its distinctive Japanese-themed slot games, held an exclusive event on October 30th to officially announce the launch of the G8C...

Business News
BetConstruct shares insights into its online casino setup at Macau Gaming Show

On November 13-15 BetConstruct attends annual Macau Gaming Show 2018  where the software provider will present the latest developments of its gaming and betting products portfolio. With a “New Era—Innovative...

Business News