Wednesday, August 15, 2018

Stars Group Q2 revenue gains 34.8 percent, helped by Australia

Canada-based Stars Group, owner of the PokerStars brand, reported a 34.8 percent jump in Q2 revenue, helped by recent acquisitions in Australia.

Paddy Power Betfair profits up 4 pct in 18H1

Online wagering operator Paddy Power Betfair saw a 4 percent increase in profits in 18H1, reaching GBP 106 million (US$136.5 million), according to an...

Online companies eye India potential

India’s online gaming sector has seen a spate of acquisitions in recent months as operators position themselves for strong projected growth, despite the ongoing regulatory uncertainties.

CrownBet to rebrand as BetEasy

Australian wagering operator CrownBet is expected to announce its name change to BetEasy this week after its split from Crown Resorts in February. The...

World Cup draws record bets but predictable final damps profit

With the football World Cup finally at a close, Russian bookies are finding their profits are lower than expected, despite a surge in volume.

Sun Bets closes shop and Tabcorp exits

Australian wagering giant Tabcorp on Thursday confirmed its exit from Sun Bets, its flagging UK online wagering business that it has been operating in...

10Bet signs shirt sponsorship deal with Blackburn Rovers F.C.

10Bet, an online sports betting operator, has signed a major three-year partnership agreement with EFL Championship side Blackburn Rovers, becoming the club’s Official Principal...

Thai gambling arrests soar during World Cup

Police in Thailand arrested three times as many gambling suspects during the FIFA World Cup this year than they did during the prior tournament in 2014, The Nation reports.

China arrest 540 suspects in Bitcoin betting crackdown

Over 540 suspects have been arrested in China for their involvement in a Bitcoin football betting ring, Xinhua News reports. Police in China’s Guangdong...

Sportsbet wins federal court injunction against CrownBet’s rebrand plans

Australian online bookmaker Sportsbet has won an injunction order which prevents CrownBet from changing its name to ‘Sportingbet’, local media reports. CrownBet, which was formerly...

TRENDING ARTICLES

Broken Tooth to bring chess and poker tournaments to China

Former triad leader Wan Kuok-koi, known also as Broken Tooth, has partnered with an unnamed Beijing firm to bring chess and poker tournaments to...

Construction activity could be related to gaming license play

A recent uptick in construction activity from gaming-related companies could be a play for a 7th or 8th gaming license, said Union Gaming in...

FEC to employ “Asian Wallet Strategy” in Europe

Hong Kong-listed Far East Consortium says it expects its casino gaming business to drive higher profitability in the long-term, according to comments made in...

Pagcor H1 gaming revenue up 18.1 percent

The Philippine Gaming and Amusement Corp. reported an 18.3 percent increase in gross revenue from gaming operations in the first half of 2018, beating its target by 9.7 percent.

Yokohama draws over 51 million tourists in 2017

Yokohama city, which is now mulling the possibility of an IR bid, drew over 51.4 million domestic and foreign tourists in 2017, according to...