Gambling Clear News
Troubled casino operator Star Entertainment Group has announced AU$800m in new equity amid the business’s 2022 half year results, which saw a loss of $1.26bn. The large losses are principally the result of an AU$988m non-cash impairment of the group’s Sydney assets, which came from the costs and penalties associated with the business’s ongoing regulatory
A breakthrough in Brazil’s sports betting impasse may be imminent, with one legal expert suggesting recent match-fixing incidents may have accelerated progress The Ministry of Justice is to send in a proposal to the government to regulate sports betting, potentially bringing a process that first began in December 2018 to a successful conclusion. Many had
William Hill has been named as the official betting partner of the Grand National, in a three-year deal. As well as being the official betting partner, the deal will see William Hill named as the sponsor of three races held at the Aintree racetrack during the Grand National. The festival runs from 13-15 April. The
The Betting and Gaming Council (BGC) has endorsed a new anti-affordability checks campaign from horseracing channel Racing TV. The Write To Your MP campaign directs horseracing enthusiasts to write to their local MPs, as well as ministers from the Department of Digitial, Culture, Media and Sport (DCMS), regarding the potential imposition of affordability checks. Brigid
Diamond Sports Group, operator of the Bally’s branded TV sports networks, will miss $140m in interest payments due today (15 February), in a move that puts it near bankruptcy. The company has instead chosen to enter a 30-day grace period on the interest payments. The interest payments relate to the company’s 6.625% senior unsecured notes
Sponsors of the ICE Consumer Protection Zone (CPZ) at ICE London 2023 have raised a total of £52,800 (€59,454/$63,798) for four safer gambling charities. Better Change and Betknowmore from Great Britain, as well as the National Council on Problem Gambling (NCPG) from the US and AGOG of the Netherlands, will each receive £13,200 in funds
Infront Bettor, the betting-focused division of Infront, has agreed a global deal with Bet365 to supply the operator with a range of sports content. Under the agreement, Bet365 will distribute 18,000 hours of content from over 30 rights holders to more than 80 million customers from over 160 countries around the world. Infront Bettor’s content
LeoVegas News has expanded its partnership with Internazionale after becoming the training kit sponsor of the Italian Serie A giant. LeoVegas’ sports news and entertainment division, which becomes official training kit front partner, will appear on the club’s training gear and warm-up shirts until the end of the 2024-25 season. The business’ branding first appeared
Malta-headquartered online gambling group Rootz Ltd has made its North American debut after obtaining a licence in Ontario. The owner of Wildz, Wheelz, Caxino and the streaming brand Spinz is now operational in Canada just weeks after launching in Germany. The four casino brands all run off the Rootz proprietary platform utilising a single account
