Posts From: June 2018

XLMedia downgrades annual revenue, earnings forecasts

XLMedia P shares fell this morning as digital marketing services provider said it expects to report lower revenue and profit, due to changes in Australian and European gambling markets. In a...

Business News
Authorities battle illegal gambling surge ahead of World Cup

Law enforcement and regulatory forces in Asia say they are gearing up to fight illegal gambling operators who have ramped up activities in the region ahead of the World Cup,...

Business News
Sweden’s parliament has decided on new gaming legislation in Sweden

Yesterday, the Swedish parliament decided on the new gaming legislation in Sweden. The new legislation will enter into force on January 1, 2019 and is in line with the previous proposal. In...

Business News
Slovakia court overturns gambling ban

A ban on gambling in Bratislava, the capital of Slovakia, has been overturned. This is the consequence of the verdict pronounced by the Regional Court in Bratislava on June 7....

Business News
Evolution extends Genting’s Dual Play Roulette offering with Manchester offering

Evolution Gaming, leading provider of Live Casino solutions, launches another Evolution Dual Play Roulette convergence table for Genting Casinos — this time at Genting Casino Manchester. This latest Dual Play...

Business News
Gaming Realms partners with GVC

Gaming Realms  has signed a two-year licensing and revenue share agreement with GVC Holdings. The AIM-listed mobile gaming developer said the agreement was to roll out its “Slingo Originals” content...

Business News
Tabcorp and SPREO Partnership delivers a game-changing mobile solution for Digital Wagering

Tabcorp has selected SPREO’s solution for their digital gaming offering, called the Keno app. Keno, a primary focus of Tabcorp’s gaming division, is a lottery-like wagering game. Keno revenues reached just...

Business News
BetConstruct attends 3 major iGaming Summits

Canadian Gaming Summit, East Coast Gaming Congress and Manila Networking Social are ahead of BetConstruct this June. This time BetConstruct team will be crossing the ocean to attend East Coast...

Business News
Playtech sells entire GVC Stake

Playtech has announced that it has sold its entire stake in multinational sports betting and gaming group GVC Holdings in a secondary share placement. Playtech’s stake, representing approximately 3.4% of GVC’s...

Business News
Tabcorp in talks to exit Sun Bets

Tabcorp is in negotiations with News Corp’s UK subsidiary to quit the pair’s Sun Bets online gambling venture. Tabcorp, which this year cited Sun Bets’ poor performance as a factor...

Business News