Ladbrokes Coral Raises Estimate on Savings from Merger

Ladbrokes Coral Plc announced that cost savings from the recent merger of the two companies will be higher than initially projected. The company said costs synergies will save the...

Published April 3, 2017

Fitch Ratings Warns Proposed Gaming Machine Regulations Could Hurt British Bookmakers

Fitch Ratings has issued an opinion that new proposed regulations in the U.K. could hurt British bookmakers. Gaming regulators are considering new rules on gaming machines, including setting a...

Published April 3, 2017

NagaCorp’s Russia IR to Open by 2019

NagaCorp Ltd.’s $350 million integrated resort project (l.) near Vladivostok, Russia is expected to open by 2019. The complex, which broke ground in May 2015, will be called Primorsky...

Published March 27, 2017

UK to Create New Money Laundering Watchdog

The UK has created a new office dedicated to update and upgrade the country’s war against money laundering. The new “Office for Professional Body Anti-Money Laundering Supervision” (OPBAS) will...

Published March 27, 2017

German Treaty Allows More Sports Betting

The 16 federal states of Germany have approved of the State Treaty of Gambling, which would allow more licenses for sports betting to be issued. However, the treaty must...

Published March 27, 2017

Russia Passes Bookie Tax

Russia has passed a bill requiring bookmakers to pay 5 percent of quarterly proceeds towards sports development. In return, the bookies may advertise in sports media including broadcasts, in...

Published March 27, 2017

Irish Gamblers Not Guaranteed Winnings

Nothing in the law says that a casino must pay a gambler his winnings. So says the Irish judge in a civil case where a man sued the D1...

Published March 27, 2017

O’Neil: BoyleSports Will Create a UK Retail Network by end of 2017

BoyleSports CFO Mark O’Neil said the Irish bookmaker intends to grow its UK retail network in 2017. Though the company failed to gain shops from the merger of Ladbrokes...

Published March 27, 2017

Ladbrokes Boss: FOBT Limits Will Spell Disaster

Jim Mullen, chief executive of the bookmaking giant warns that thousands of betting shops will close and thousands of jobs will be lost if the UK government follows through...

Published March 20, 2017

FOBTs Behind Big Losses

Seven gamblers in the UK lost more than £10,000 (US$12,360) in a single day over a 10-month period using fixed-odds betting terminals, says a report by GambleAware. The report...

Published March 20, 2017

NagaCorp to Open Next Year in Russia

Hong Kong-listed NagaCorp is on track to open its new Primorye integrated resort in 2018, according to reports. The Mayak (l.) will be the second integrated resort in the...

Published March 13, 2017

Brits Gamble ― a Lot

The latest annual survey conducted by the UK Gambling Commission suggests that nearly half the country’s adult population gambles on a regular basis. Despite that, the prevalence of problem...

Published March 13, 2017

London’s Vic Casino for Sale

The Grosvenor Victoria Casino (l.) in London’s West End is up for sale. The asking price is about £70 million (US$85.4 million). The Rank Group is expected to remain...

Published March 13, 2017

Study Finds UK Gambling Advertising Misleading

A study published by the University of Stirling found that UK gamblers can be misled by complicated gambling rules in TV advertisements. The study focused on ads for live...

Published March 6, 2017

Kindred Buys 32Red Plc; Danske Spil Next?

Malta-based online gaming company Kindred Group Plc, formerly Unibet, will acquire U.K.-based 32Red Plc for $219 million. 32Red owns the Roxy Palace brand. Stockholders for 32Red are already close...

Published March 6, 2017

Scottish Bookmakers Launch Underage Gambling Program

The Association of British Bookmakers Scottish Division has launched a new six-month education project to curb underage gambling. The outreach project is the latest in a series of responsible...

Published March 6, 2017

Court: Phil Ivey Can Appeal Crockfords Case

Poker pro Phil Ivey has been granted the right to appeal a case on his use of edge sorting at Crockfords casino in London to the UK’s highest court....

Published March 6, 2017

Melco-HR Scouts Cyprus Sites

Melco International of Hong Kong and U.S.-based Hard Rock International continue to look for satellite casino sites on the Greek-controlled Republic of Cyprus. The partners won a gaming license...

Published February 27, 2017

Regulation and Prohibition Battle in Bratislava

Slovakia’s capital of Bratislava is home to a flourishing gambling industry, including Novomatic’s Grand Admiral, which city officials are under pressure to shut down. Legislation to do just that,...

Published February 27, 2017

Stakeholders Ask Malta for Integrity Review

Gaming and sports stakeholders are asking government authorities in Malta to review national sports integrity laws for their adequacy in the digital age.

Published February 27, 2017