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Industry
December 15, 2021
Scientific Games Gets Connecticut Lottery Deal Extended By 5 Years
Gambling products and services provider Scientific Games has scored a huge win as it has had its Connecticut Lottery contract extended. The Connecticut Lottery Corporation has signed in Scientific Games for another five years, providing the gambling company with its industry-leading digital second-chance drawing platform and second-chance drawing services. The deal also notably covers Scientific […]
Industry
December 15, 2021
Broadway Gaming Group to Buy 888’s B2C and B2B Bingo Divisions
The Broadway Gaming Group, which is in charge of the biggest UK bingo networks, is set to acquire 888’s B2C bingo business, along with the B2B division, Dragonfish, in a deal that is worth $50 million, according to a press release. Effectively, Broadway is acquiring the full 888 Group bingo business and offer, which extends […]
Industry
December 15, 2021
Analysts Lower New-Year Outlook for Macau by 30%
Morgan Stanley is now less optimistic about Macau’s continued strengthening in 2022. As a result, the financial firm’s analysts have reduced the expected gross gaming revenue (GGR) for the city by 30% to $15 billion. Macau Has a Long Road Ahead Although the institution noted a “choppy recovery,” it said that there are still “overhangs” […]
Industry
December 14, 2021
KSA Requested Operators to Carry Out CRUKS Customer Checks
Netherlands gambling regulatory body Kansspelautoriteit (KSA) announced it requested incumbents to initiate thorough checks on their customer bases against the self-exclusion register CRUKS. Incorrect BSN, Name or Date of Birth The KSA advised operators to carry out checks on all customers who have signed between October 2 and October 20, acting on reports that players […]
Industry
December 14, 2021
Vivid Seats Acquired Betcha Sports to Enter Online Gaming
Online ticket marketplace Vivid Seats announced it completed the acquisition of Betcha Sports in an all-stock deal valued at $25 million subject to customary purchase price adjustments. Entering the Online Gaming Space Vivid Seats, a technology-driven ticket selling platform, acquired sports betting app rich with gamification features Betcha Sports, for an upfront payment of $25 […]
Industry
December 14, 2021
Tasmanian Commission Reports Massive Gambling Losses in 2020-2021
The gambling industry in Tasmania keeps facing massive challenges as its losses have skyrocketed. The total lost amount this year increased by nearly half compared to last year, when the country was hit badly by COVID-19. Total Losses Were $18 Million Higher than 2018-2019 During the 2019-2019 season, the total recorded losses were $137.4 million. […]
Industry
December 14, 2021
Macau GGR Slips, Operators Try to Shrug Off Problems
The gross gaming revenue (GGR) in Macau fell by 12% week-on-week. This was due to an increase in the COVID-19 infection rates in mainland China, as well as a collapse of the local VIP sector following Suncity Group’s troubles. Macau GGR Still Unstable The weekly GGR update by Bernstein analysts Vitaly Umansky and Kelsey Zhu […]
Industry
December 14, 2021
Iowa Likely to Consider iGaming But Not in 2022, Asserts Gaming Group Exec
Online casinos will, at some point, become a standard fixture in most, if not all, states. It won’t happen overnight and a lot of resistance is likely. Some states may be more amenable to the idea, including Iowa. The leader of a group that represents 19 Iowa-licensed casinos believes that lawmakers could debate legalizing online […]
Industry
December 13, 2021
BGC Unveils Ad Tech Forum to Protect the Youth from Gambling Ads
Britain’s Betting and Gaming Council has unveiled a new cross-industry Ad Tech Forum. The forum’s work will be to provide operators with crucial tips on how to better protect the youth from gambling harm. The Forum Will Rely on Tech and Data Solutions The Ad Tech Forum’s work will heavily trust data collection technologies. […]
Industry
December 13, 2021
Responsible Gambling Remains a Key Priority for Flutter
Licensed operators around the world follow various rules depending on the jurisdictions they operate in. Anti-money laundering (AML) and responsible gambling efforts are key rules which licensees follow to ensure player protection. In contrast, black market or unlicensed operators do not adhere to such requirements, which puts the consumers that use those operators at risk. […]