Posts From: October 2018

Queensland Melbourne Cup races back on after Government strikes deal with industry

The Queensland thoroughbred racing industry will receive an additional $26 million for prize money with the state government agreeing to a deal after protests by participants over the distribution of...

Business News
UK Remote Gaming Duty to rise to 21%

Britain’s Chancellor Philip Hammond announced on Monday plans to increase taxes paid by offshore gambling companies from next year to offset lost tax revenue from cutting the amount that can...

Business News
Fasttoken presents its latest tech breakthroughs at Malta Blockchain Summit

Fasttoken, a blockchain solution by BetConstruct, is going to present one of its latest solutions in the gaming space during the Malta Blockchain Summit happening on November 1-2. Fasttoken is...

Business News
Kindred Group sees revenue increase by 20%

Kindred Group has reported a 20 per cent increase in pre-tax profit for the third quarter of 2018. Gross winnings revenue amounted to GBP 230.7 (193.6) million for the third...

Business News
IGT Signs Digital Platform and Content Agreement with Penn National Gaming

International Game Technology has announced that the Company signed a five-year agreement with Penn Online Entertainment, a subsidiary of Penn National Gaming’s Penn Interactive Ventures for its PlayDigital division to...

Business News
Kambi reports record quarter with operator turnover up 31%

Kambi posted record revenue to €20.5 (14.8) million for the third quarter of 2018, and €54.5 (43.1) million for the period January to September 2018. Operating profit (EBIT) for the...

Business News
“Protecting sport must be more important than maximizing revenue”

Svenska Spel CEO Marie Loob reflects on the latest interim report. She is, however, concerned with the low reputation of the game industry and urges more gaming companies to join...

Business News
Evolution launches Infinite Blackjack with unlimited seats for players

Evolution Gaming, leading provider of Live Casino solutions, has announced the launch of its first totally scalable Live Blackjack table. Evolution’s Live Infinite Blackjack adds a unique twist of the...

Business News
FA chief executive wants football betting levy

A levy on football gambling could be introduced to fund improvements in the grass roots game following the collapse of the proposed sale of Wembley Stadium, Football Association chief executive...

Business News
Betregal goes live on Aspire Global’s platform

Aspire Global welcomes BetRegal on the company platform. BetRegal is the first dedicated sports operator to migrate to Aspire Global from another platform – a strategically important event as it...

Business News