Betting

The Asian-facing operator’s digital revenue splits equally between VIP and non-VIP betting, even though that VIP share could stem from a very small number of players. The CEO, however, says an efficient betting firm should be able to pick up new VIPs on a regular basis. “In terms of revenue, online is about a 50/50 […]

Back in October, the NHL announced its first-ever sports betting partnership with MGM Resorts International. In November, it then partnered with Paddy Power Betfair-owned FanDuel. The league will receive marketing revenue from William Hill US’ sportsbook and in return the operator will be allowed to use NHL advertising. The full terms of the multi-year deal

At the American Gaming Association’s Sports Betting Executive Summit, Robins and Asher debated industry in-fighting, which led to what reports describe as a “heated exchange.” The CEOs were speaking as part of a panel on the expansion of sports betting, which also included Greg Carlin, Rush Street Gaming CEO, and was moderated by Darren Rovell,

Nearly one year on from the PASPA repeal, what are the main lessons operators and suppliers have learned about regulated US markets so far? Below, Gambling Insider Senior Staff Writer Tim Poole gives his own take on the Big Question:   You can tell me all about esports, you can talk to me all day

The company has announced new responsible gaming initiatives, including provisions for advertising specifically promoting responsible gambling and safer gambling campaigns, limited to one advertisement per break. GVC says the voluntary pre-watershed, whistle-to-whistle advertising ban announced in December does not go far enough, and wants other companies to “join it in helping to revolutionise the marketing

The investigation began in July 2018, when a victim contacted police claiming to have lost around 700,000 yuan on a sports betting website. Two suspects were arrested after the police traced down the online gambling operation to Fengjie County of Chongqing Municipality. A further five have been arrested on suspicion of working as agents of

Adjusted property EBITDA saw a small rise to $406.8m in Q1, up from $401.8m. The year-on-year increase in adjusted EBITDA was down to a result of better performances in the rolling chip and mass market table games segments. The rolling chip volume did drop  8% year-on-year however, and the rolling chip win rate rose from

Stars Group says it plans to use the net proceeds, approximately $236m, for general corporate purposes and to repay outstanding indebtedness on its first-line term loans. Fox Corporation will acquire 14,352,331 newly issued common shares in Stars Group,  at a price of $16.4408 per share. The deal values Stars Group at a total of about

Better Collective CEO Jesper Søgaard spoke exclusively to Trafficology, stating his belief there are possibilities for both larger and smaller bookmakers to take control. He says: “When reaching a certain scale, larger bookmakers begin to have similar offerings, both in services and free bets; this is why user experience becomes crucial. “For small bookmakers, becoming the

How has the performance of the Colombian market compared with your expectations when it opened? As the first major market in the LatAm region to enact regulation, there were always going to be high expectations for success, and we’re glad we proved ourselves correct. We provided the platform for BetPlay, the first operator to go