Matt King, the CEO of Flutter Entertainment‘s FanDuel brand, has announced his intention to end his tenure as leader of the FTSE100 firm’s flagship US wagering unit.  King’s decision comes as Flutter continues to assess the possibility of listing a ‘small stake’ of FanDuel in the US, and the operator has acknowledged that the CEO’s departure ‘will affect the timing’ …

A group of 60 gambling law reform advocates have joined the Big Step campaign in calling for a suspension of gambling advertising during this summer’s UEFA European Football Championship. An initiative of the Gambling with Lives charity, the Big Step has detailed its suggestions in a letter to several broadcasters and media outlets covering television, radio and online verticals, including …

B2B sports betting and gaming platform provider Metric Gaming has powered the launch of Snabbis’ online sportsbook, assisting the operator with localised launches in European jurisdictions. Metric’s engine utilises an optimised back-end, enabling the processing of over 2,000 bets per second, whilst the Malta and UK-licensed provider’s multi-tenant platform will also offer individualised odds and risk set-ups by configuring over …

International Game Technology (IGT) has reported revenue growth of 25% for Q1 2021, attributed to structural cost savings, continued player demand and the sale of its Italian B2C business to Gamenet Group. Overall group revenue rose to $1.01bn (2020: $814m). Although the figure still represents a 11.3% decrease from the $1.14 billion in 2019, the group remains hopeful that it …

England’s racecourses are preparing to reopen their doors to spectators next week, an event described as a ‘huge milestone’ by the Racecourse Association (RCA). Up to 4,000 racing fans will be able to reenter the racecourses as of 17 May,  under the government’s official roadmap for the easing of the UK’s national lockdown. Further lifting of restrictions will take place …

GamCare has argued there is an ‘imminent need’ to discuss gambling-related harm among young people, with more than 7 in 10 (71.5%) calls to the National Gambling Helpline from under-18s being from those directly experiencing an issue with gambling. These calls came from young people struggling with a gambling-related issue personally, as opposed to 20% expressing concern about a friend …

Begbies Traynor, the insolvency practitioners for BetIndex, initiated the process of allocating funds to former Football Index customers at a hearing in the Royal Court of Jersey today. The company was initially appointed as BetIndex’s insolvency practitioner in late March following the initial collapse of Football Index and began processing customer claims against the company in April. In a statement …

Scientific Games Corporation (SGC) has reported a stable corporate trading and performance in the first quarter of 2021 as COVID-19 pandemic headwinds continue to impact its business lines. Publishing its Q1 trading update, SGC registered a 1% increase in group revenues to $729 million (Q12020: $725m) in line with Nasdaq firm’s trading objectives.  The group’s SciPlay brand and Lottery division …

The All-in Diversity Project (AiDP) has launched an industry-first survey examining the impact of the COVID-19 pandemic on diversity, equality and inclusion (DEI) in the betting and gaming industry. Initiated globally, the survey is free for all participants and will allow employees and employers to share their thoughts and experiences on how the pandemic has affected their attitudes and approach …