Denmark posts 🐼DKK1.76 billion in Q1 gambling revenue

Danish gambling revenue rose by 4 per cent to DKK1.76 billion (€235.9 million) in the first quarter of 2024, driven by online gaming.Quarterly revenue from online gaming in Denmark was up by 16 per cent to DKK869.8 million, after March’s revenue hit a record monthly high of DKK309.7 million.Denmark’s online [...]

Ainsworth names new SVP of compliance and general counse🐼l

Ainsworth Game Technology has appointed Nancy Ramirez Ayala as senior vice president, general counsel and group compliance officer.Prior to joining Ainsworth, Ayala served as vice president of legal at Rush Street Interactive, having previously served as assistant general counsel/Intellectual Property counsel for William Hill US.“Nancy’s passion for her work in [...]

ꦍMecca Bingo and ITV launch exclusive Loose❀ Women digital scratchcards

Rank Group’s UK bingo brand Mecca Bingo has partnered ITV to create an exclusive series of seven Loose Women themed digital scratchcard games.Developed by G Games, Loose Change is the first of the scratchcards to be launched by Mecca, with each card offering players the chance of winning a top [...]

AGS agrees $1.1 billion deal to be🀅 taken private

Gaming supplier PlayAGS is set to go private after signing a definitive agreement to be acquired by affiliates of New York-based private equity firm Brightstar Capital Partners for $1.1 billion.The deal will see AGS shareholders receive $12.50 per share in cash, with the purchase price representing a 41 per cent [...]

Remote Gami▨ng Duty drives✱ record UK gambling tax in 2023

The UK’s annual remote gaming duty topped £1 billion for the first time in 2023, as the country’s gambling sector paid a record £3.39 billion in taxes to HM Treasury.Remote gaming duty (RGD) increased by 9 per cent to £1.01 billion in 2023 and was the largest contributor to the [...]

Swedish Parliament approves gambling 💫tax increase to 22%

The Swedish Parliament (Riksdag) has agreed to the government's proposal to raise the excise tax on gambling from 18 to 22 per cent of gross gaming revenue (GGR).The change in law will come into force on 1 July after the Riksdag voted in favour of the tax rise late last [...]

billion casino 🍸royal: GLI acquires gamꦡing testing lab Trisigma

Gaming Laboratories International (GLI) is expanding its testing and certification capabilities with the acquisition of gaming testing lab Trisigma.Trisigma will continue to operate its network of testing laboratories independently while coordinating its efforts with GLI's larger sales, operations, and back-office staff globally.Following the acquisition, Esther Ballart will continue to lead [...]

MGM Resorts revenue hits record $4.38 billion in fiꦜrst quarter

MGM Resorts International has reported a 13 per cent increase in consolidated net revenue to a record $4.38 billion in the first quarter of 2024.The year-on-year growth was primarily due to a 71 per cent increase in revenue at MGM China to $1.06 billion, following the continued ramp up of [...]

UK online gambling revenue tops𒀰 £500 million in March

The UK’s online gambling revenue grew by 5 per cent to £518.8 million in March, making it the sector’s best month since May 2021, based on the sample of data collected by the Gambling Commission.Online slots had revenue of £220.4 million in March, a year-on-year rise of 10 per cent [...]

Britain’s Gambling Commission announces new regulations

Britain’s Gambling Commission announced new rules today aimed at increasing consumer safety in online gambling.The announcement of the new rules coincides with the one-year anniversary of the government’s review of gambling legislation in the United Kingdom.The new rules include financial vulnerability checks, marketing restrictions, and bans on certain in-game features [...]

Ca🔯esars Entertainment revenue slips to $2.74 billion in first quar🅷ter

Caesars Entertainment has reported a 3 per cent fall in net revenue to $2.74 billion for the first quarter of 2024, despite growth from its Caesars Digital business.Revenue from the company’s Regional segment declined by 2 per cent to $1.37 billion, while Las Vegas revenue was 9 per cent lower [...]

Online drives 🌱Lottomatica revenue growth in firs♎t quarter

Italian betting and gaming operator Lottomatica Group has reported a 4 per cent increase in revenue to €440.1 million for the first quarter of 2024, driven by double-digit growth from its Online segment.Excluding results from newly acquired SKS365, total wagers were up 20 per cent year-on-year at €8.73 billion, with [...]