Gambling Clear News
Betclic Everest Group has seen a surge in new players deliver double-digit revenue and earnings growth in the year to date. FL Entertainment, which owns the group, said its Betclic and Bet-at-home brands generated €718.5m revenue during the year to 30 September. That nine-month figure was up 21.3% year-on-year at constant currencies. For Q3, revenue
MGM Resorts International reported record revenue of $3.97bn (£3.23bn/€3.71bn) in Q3 in spite of the upheaval called by the major cyberattack. The attack took place towards the end of Q3 on 11 September, with MGM forced to shut down certain systems. MGM has already revealed the attack had a negative adjusted property EBITDAR impact of approximately $100.0m.
Chris Rogers, chief strategy officer at Penn Entertainment, has outlined how Penn and ESPN will operate the highly-anticipated ESPN Bet in Massachusetts. Rogers presented the operating plan during a public meeting of the Massachusetts Gaming Commission (MGC) on 7 November. The meeting was held to review Penn Entertainment’s divesture of Barstool and its $1.5bn deal
Better Collective has acquired Playmaker Capital for a total price of €176m (£153m/$188m) with an expected close in Q1 2024. According to Better Collective, the deal will make it the market leader in South America and “enhance North American leadership”. In financing the purchase, Better Collective will be using shares for 65% and 35% cash.
Nevin Truesdale, CEO of The Jockey Club’s is rallying opposition against the proposed implementation of financial risk checks on online gamblers in the UK through an online petition. The petition, entitled ‘Stop the implementation of betting affordability/financial risk checks’, went live on Wednesday. By 5pm UK time on Friday, the petition had more than 43,500
Great Britain saw a year-on-year fall in online real-event betting despite a rise in overall online gambling yield, according to the latest data from the Gambling Commission. Earlier today, the Commission announced the appointment of seven new commissioners. Covering the three months to 30 September, online total gross gambling yield (GGY) was up slightly by
EGBA has given its backing to Finland’s plans to end its online gambling monopoly and establish a licensing system. The group, which represents Europe’s leading gambling businesses, welcomed the legislative project announced by Finland’s interior ministry earlier this week. The Orpo administration said the project is focused on delivering a licensed framework for online gambling
The Malta Gaming Authority (MGA) has announced that Carl Brincat is to step down as chief executive when his term ends in January. Brincat, who has served as CEO of the Malta regulator since January 2021, will not seek renewal of his current contract. He will officially step down on 25 January when his tenure
Italian international footballer Sandro Tonali has been banned for at least 10 months after being found to have broken betting rules. The Newcastle United player was handed an 18-month disqualification according to a statement issued by the Italian Football Federation (FIGC). The ban is initially only imposed in Italy, but will almost certainly be extended
BetMGM will have access to products and services supported by NBA optical tracking data under an expanded partnership with Sportradar. BetMGM will use the products to expand its in-play betting markets and its prop and parlay offerings. Sportradar’s partnership with the NBA gives it access to player tracking data from the start of the 2023-24
