UK

“The White Paper was worth the wait,” Rank Group CEO John O’Reilly informed SBC after the publication of the firm’s financial results for 2022/23, when quizzed about his confidence in the post-Gambling Act review landscape. Whilst some operators – particularly those with a focus on sports betting – have expressed  dissatisfaction with the review’s proposed reforms and a lack of …

Super Group, the parent company of the Betway and Spin brands, has said it remains focused on ‘future growth opportunities’ to strengthen its commercial profile across multiple jurisdictions in its newly posted financial results for Q2 2023. The NYSE-listed online gambling group revealed a rise of 19% in corporate revenues to €380.8m (Q2 2022: €308.6m), citing accelerated growth across Africa, …

MGM Resorts International has extended its reach in Europe, building on its acquisition of established multinational igaming operator LeoVegas by launching its BetMGM brand in the UK. BetMGM began as a joint venture between the Las Vegas-based entertainment conglomerate and London-headquartered international group Entain. However, the UK brand will operate outside of this joint venture, using LeoVegas platform as well as …

Rank Group Plc has achieved its 2022/2023 corporate targets, overcoming the challenges of a financial year featuring peak energy costs, wage inflation and regulatory changes impacting its business.  Publishing its preliminary 2022/2023 results (12 months ending 30 June), Rank Group declared an underlying operating profit for full-year trading of £20.3m. The bottom-line result is lower than the prior 2021/2022 financial …

The Hippodrome, one of London’s oldest and most prominent casinos, has depended its partnership with gambling harm consultancy EPIC Risk Management. EPIC will coordinate a pilot programme at the venue to highlight the need for harm minimisation training in UK casinos. The consultancy will work with licensed and unlicensed customer-facing staff to ensure safer gambling is treated as a key …

Lord John Mendelsohn has stated that 888 Holdings will soon prove “the compelling and strategic logic” of its corporate enlargement, as detailed to investors in 2021. In his role as Executive Chairman, Mendelsohn addressed investors following the publication of 888’s H1 2023 interim results. Improved H1 trading saw 888 register a 3x jump in EBITDA to £155m. Yet, its business …

Unibet has extended its sponsorship of the Unibet Champion Hurdle for a further five years. The race takes place on the Old Course during the opening day of Cheltenham Festival, with only three companies having sponsored it before. The Kindred Group-owned operator has sponsored the race since 2011, seven years as Stan James before Unibet took over in 2018.  Since …

bacta’s engagement with the political sphere continued this week as the UK amusements industry trade body gave evidence to the Treasury Select Committee. The association’s CEO, John White, addressed MPs on the committee – chaired by Conservative Party MP Harriett Baldwin – about banking challenges currently facing the amusement sector. Amusement arcade members have become increasingly concerned about ‘being unfairly …

Gaming Innovation Group (GiG) states that it is on track to declare 2023 as its best year in business, following the results and achievements of a record breaking Q2 trading performance. Publishing its latest corporate update, GiG achieved ‘all-time high’ Q2 2023 group revenues of €31m, up 40% on corresponding 2022 results of €22m. The headline growth of the igaming …

The Advertising Standards Authority (ASA) has ordered Hillside Sports – the registered name of bet365 – to avoid using ‘a person or character’ with appeal to under-18s after investigating a Twitter advert by the company. bet365 had prompted a video advert posted on the Sky Sports Premier League’s Twitter account which featured then Arsenal midfielder Granit Xhaka. Text in the …