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LeoVegas COO: Predictability necessary for sustainable regulated market

Speaking during a ‘Future of Gaming’ panel at the CasinoBeats Malta Digital summit, Forste explained that LeoVegas searches for certain characteristics when looking for expansion into new markets. He said: “Part of our strategy is to grow in regulated markets, so we as a company like the fact that a market is regulated. “For that

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GVC shares fall after H1 update: overall revenue down 11%, online up 19%

For Q2, online revenue grew 22%, with the company overall attributing its performance to “robust and decisive cost management.” GVC did not provide financial totals for revenue, usually only doing so in full-year reports. The operator’s H1 EBITDA is expected to be in the range of £340m-£350m ($426.5-439m). In news that completely overshadowed GVC’s financial results,

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AGA CEO Bill Miller testifies before Senate Judiciary Committee

Miller argued that the legal, regulated sports betting market protects college and professional athletes from engaging in illicit gambling. “The protection of the integrity of competition is central to the interests of the entire sports betting ecosystem,” Miller said. “The federal prohibition on sports betting was a failed endeavor that we shouldn’t replicate. “Instead, we

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BGC criticises Scottish Government’s “baffling” gaming machine U-turn

Earlier this month, the Scottish Government agreed to lift a number of restrictions which had been placed on the nation’s betting shops since they reopened on 29 June after a period of COVID-19 forced closures. These restrictions included the removal of chairs from betting shops and bans on live racing on TV and the use

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HBLB increases its UK racing prize money contribution by 50%

From 1 September to 31 December, HBLB’s contribution in prize money will rise to £26.6m ($34.9m) over the four months, representing a significant increase on the original allocation of £17.7m, as the UK horse racing schedule returns close to normality. Of the new amount, £24.4m will be allocated as prize money with an additional £2.2m

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W88 to become new shirt sponsor of Crystal Palace from next season

The online Asian gaming company’s W88 logo will feature on the front of Crystal Palace’s home, away and third kits, as part of the sponsorship deal. W88 specialises in sports betting, live dealer casino, poker, slots and lottery games, and was previously fellow Premier League club Aston Villa’s shirt sponsor last season. The operator also

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