Gambling Clear News
Michel Groothuizen has been named as the new chair of the board of directors at Netherlands’ regulator Kansspelautoriteit (KSA), succeeding René Jansen. KSA announced that Jansen was to step down after six years at the helm in October last year. Jansen decided not to stand for reappointment as he reached retirement age at the end
FanDuel’s will soon replace GambetDC in the District of Columbia as the only sportsbook platform available to bettors across the city, according to a letter from the Office of Lottery and Gaming to the D.C. City Council obtained by iGB The letter does not indicate when FanDuel might launch its platform citywide, however. Dated 8
The Alabama senate has passed a pair of bills that would see lottery and state-regulated gambling legalised, though statewide sports betting has been excluded. Alabama lawmakers passed HB151 and HB152 in February. In its original form, HB151 would have legalised retail and online sports betting – as well as a state lottery and casinos in
Revenue at NeoGames jumped 15.6% to $191.5m (£149.7m/€175.2m) for 2023, while net loss was largely flat compared to FY22. NeoGames noted that it would not be hosting a conference call for its 2023 results in anticipation of its sale to Aristocrat Leisure. Aristocrat agreed to acquire NeoGames in May for a total of $1.20bn. The
Super Group recorded a profit before tax of €16.8m (£14.4m/$18.3m) for its 2023 financial year, a significant drop from the €216.5m generated the year prior. Super Group attributed the drop in profit before tax to non-cash charges of €64.6m. €28.6m of that total came from the January 2023 acquisition of online sports betting and igaming
The European Gaming and Betting Association (EGBA) has welcomed the European Parliament’s approval of introducing a standardised electronic identification method called a “European Digital Identity” (e-ID). The EGBA-endorsed move would oblige states in the European Union (EU) to issue an e-ID to citizens. This would allow them to authenticate their identity for online services. e-IDs
The Netherlands’ gambling regulator Kansspelautoriteit (KSA) has issued its largest ever fine of €19.6m (£16.8m/$21.2m) to Gammix Limited for offering games without a licence. In June 2022, Gammix was ordered to leave the Dutch market or risk paying €1.4m in weekly fines. The following March, the KSA ordered Gammix to pay €4.4m for not complying
The New York State Gaming Commission has said three of the state’s most popular draw games have produced over $63.9m (£50.7m/€59.1m) for public schools and small businesses. The New York lottery is North America’s most profitable, contributing $3.7bn over the 2022-23 financial year to state education. Mega Millions, Powerball and NY LOTTO are “skyrocketing” in
International Game Technology (IGT) will merge its Global Gaming and PlayDigital businesses with Everi to create a “comprehensive and diverse” global enterprise. IGT will spin off its Global Gaming and PlayDigital businesses, which will then combine with Everi. Under the agreement, IGT shareholders are expected to own around 54% of shares in the combined business.
Galaxy Entertainment Group (GEG) reported a 211.0% increase in revenue to HK35.68bn (£3.60bn/€4.21bn/US$4.56bn) during 2023, driven by the full reopening of the Macau gaming market. Macau withdrew all remaining pandemic travel and quarantine restrictions in January 2023. This meant people could again travel freely to the region and visit its land-based casinos, including the Galaxy Macau. This
