Camelot Challenges GC’s Lottery Licence Decision in High Court for Enhanced Lottery Experience
The National Lottery operator, Camelot, has launched legal proceedings against the Gambling Commission after it chose Allwyn as the first non-Camelot business to operate the lottery. Camelot, the current licensee,…
Star Entertainment Appoints O’Neill as Interim Executive Chairman: Everything You Need to Know
O'Neill will lead the business in his new role following the departure of former CEO and managing director Matt Bekier. Bekier stepped down after a review of Star's Sydney casino…
Declining Colorado Sports Betting Revenue Hits Six-Month Low in February
In February 2021, the gross gaming revenue from sports betting reached a staggering $19.6 million, representing an impressive increase of 88.5% compared to the $10.4 million recorded in the same…
Swedish Treasury Imposes Stricter Regulations on Affiliates to Improve Legal Compliance and Channelisation
The Treasury has released its final report analyzing the re-regulated Swedish market to assess the success of opening it up to licensed operators. In evaluating the new regulatory system, the…
Parimatch Tech appoints Liashko as the sole chief executive
The business has made changes to its management structure, with Liashko now serving as the sole chief executive. This decision follows Parimatch's withdrawal of its franchise from Russia due to…
Betsson predicts record financial performance for Q3
Betsson is expecting record-breaking revenue for the three-month period, with an estimate of between €199.0m and €201.0m. This would mark a significant increase from the €170.0m generated in Q3 of…
Light & Wonder strengthens marketing strategy with acquisition of loyalty specialist House Advantage
Financial terms of the agreement were not disclosed, but Light & Wonder confirmed that the deal would be an all-cash transaction.House Advantage, founded in 2004 with bases in Las Vegas,…
Maximizing Impact: Strategies for Marketing Affiliates
The Advertising Standards Authority's decision to ban elements of advertising with a "strong appeal" to minors, as opposed to the previous "particular appeal," has sparked intense reaction in the marketing-affiliate…
Caesars Entertainment closes new $3.0bn senior secured credit facilities in the finance sector
Caesars has secured a $750.0m senior secured term loan and a new $2.25bn senior secured revolving credit facility, resulting from an increase and extension to its existing revolving credit facility.Additionally,…
DraftKings experiences significant boost as ESPN confirms major sports betting partnership
Bloomberg, a business news agency, reported overnight that there is a potential partnership in the works related to sports betting. This news caused a brief 14% increase in DraftKings' shares…