Industry News and Headlines
Industry
March 18, 2021
888 Posted Impressive Growth in 2020 but Net Profit Sank
888 Holdings released its 2020 full-year financial report Thursday posting 51.6% growth in revenues across all verticals and even topped expectations published by the company in its post-close trading update. Impressive Revenue Growth Revenues for the Gibraltar-based gaming group reached the impressive $849.7 million for the full year ended December 31, 2020, a significant increase […]
Industry
March 18, 2021
Michigan Sports Betting Popularity Skyrockets in February
February was the first full month of legal sports wagering in Michigan. Undoubtedly, the activity proved to be highly popular based on results released by the Michigan regulator. Sports Betting Popularity Skyrockets in Michigan After the first full month of legal sports betting action, residents in Michigan proved that the activity is highly popular. The […]
Industry
March 17, 2021
UKGC Fines £3.4M Online Casino Operator In Touch Games
In Touch Games, an online multi-brand operator, was put to the sword by the UK Gambling Commission for failures in social responsibility, anti-money laundering (AML), and marketing practices. Fine and LCCP Compliance Audit The under-fire gambling regulator dished a £3.4 million sanction to the company which runs online casino brands MFortune, MrSpin, CashMo, PocketWin, and […]
Industry
March 17, 2021
William Hill Introduces Responsible Gaming Campaign in the US
Across the globe, one of the concerns with the legalization of gambling is the possibility that it could become addictive or, at the very least, might lead to irresponsible spending for some. All legal gambling markets have included some type of protection for consumers, whether through the introduction of awareness programs, dedicated gambling addiction help centers, or both. […]
Industry
March 17, 2021
Super Bowl Has Modest Impact on NJ’s February Betting Handle
A recent report released by the Division of Gaming Enforcement in New Jersey shares insight on the gaming revenue for February 2021. Although sports fans wagered millions on Super Bowl LV, the gambling operators did not surpass the gaming handle from the previous month. A New Report Reveals February Gaming Revenue Results in New Jersey […]
Industry
March 16, 2021
Everi Appoints Lowenhar-Fisher as EVP & Chief Legal Officer
Gaming technology provider Everi Holdings announced Kate Lowenhar-Fisher was appointed as Executive Vice President, Chief Legal Officer – General Counsel and Corporate Secretary, effective March 22, 2021. Legal and Regulatory Compliance Affairs The new appointment is subject to regulatory approvals, but once in the role, Lowenhar-Fisher will be tasked with legal and regulatory compliance affairs […]
Industry
March 16, 2021
Football Index Meltdown Piles Pressure on Gambling Commission
The Gambling Commission (GC) in the UK is facing serious questions related to the recent collapse of sports betting platform Football Index which went into administration last week. UK Gambling Regulator under Fire Dark clouds are gathering above the UK gambling regulator following the complete meltdown of the famous betting platform which allowed players to […]
Industry
March 16, 2021
Evolution Signs Live Casino Agreement with CBN and AGLC
Evolution Gaming will provide CBN and AGLC with a selection of live casino titles for their respective lottery operations Evolution Enters Agreements With CBN and AGLC Live casino operator Evolution Gaming Group has signed agreements with the Canadian Bank Note Company (CBN) and Alberta Gaming, Liquor & Cannabis (AGLC) to provide both companies with live […]
Industry
March 16, 2021
Kindred: The First Operator to Offer Gamban Software in the US
Under a new agreement, Unibet, which is a part of Kindred Group, is now able to provide its customers access to Gamban’s self-exclusion software. The partnership complements an existing agreement between Gamban and Kindred which dates back to 2017. Kindred Inks Agreement with Gamban for the US Market Leading online gambling operator, Kindred Group, announced […]
Industry
March 16, 2021
UK Gambling Commission Boss Neil McArthur Steps Down
The president of the UK Gambling Commission (UKGC) is stepping down, leaving the UK’s gambling regulator without a CEO at a time when the government is overhauling the industry’s laws. Neil McArthur resigned on Monday with immediate effect, and a process for an interim CEO is underway. UKGC CEO Neil McArthur Resigns The UK Gambling […]