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Gambling industry

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  • Tuesday, 28 March, 2023
    News in-depth
    Stake.com: the Aussie gambling minnow that made it big on crypto

    Business founded in 2017 has grown almost unnoticed to become the world’s seventh largest gambling group

  • Tuesday, 28 March, 2023
    William Hill PLC
    William Hill hit with record £19.2mn fine

    Gambling group dodges losing licence after swiftly improving consumer protection and money-laundering controls

  • Friday, 10 March, 2023
    Travel & leisure industry
    MGM China leads casino operator recovery in Macau

    Market share increases and share price more than doubles as gamblers return to the table

  • Sunday, 5 March, 2023
    Austrian gamblers struggle to recoup money lost on ‘illegal’ betting sites

    Gaming groups face thousands of claims after ruling they contravene federal monopoly

  • Tuesday, 28 February, 2023
    UK gambling groups braced for sweeping reforms to protect customers

    Long-delayed white paper expected to try to curb football sponsorship and ban VIP packages on betting sites

  • Tuesday, 14 February, 2023
    Flutter Entertainment PLC
    UK betting group Flutter looks at US listing

    Paddy Power owner to seek view from shareholders ‘immediately’

  • Thursday, 9 February, 2023
    Entain PLC
    Entain shares drop after MGM rules out takeover

    Casino operator declines to make second bid for UK gambling group, scuppering investors’ hopes for payout

  • Tuesday, 7 February, 2023
    Super Bowl betting expected to hit $16bn

    More than 50mn Americans set to bet on the event either casually among friends or through an official channel

  • Tuesday, 31 January, 2023
    News in-depth
    Fall of Asia’s gambling kingpin augurs change for Macau industry

    Alvin Chau’s jailing comes as Beijing cracks down on money laundering and capital flight

  • Monday, 30 January, 2023
    888 Holdings PLC
    888 chief exits as online betting group launches VIP accounts probe

    Several customer accounts in Middle East are suspended after investigation into failure to follow anti-money laundering rules

  • Sunday, 22 January, 2023
    Leo Lewis
    All bets are off on Japan’s sports gambling craze

    As the country recovers from the pandemic, screen-oriented activities hold less appeal

  • Wednesday, 18 January, 2023
    Macau ‘junket king’ Alvin Chau sentenced to 18 years in prison

    Former Suncity boss is highest-profile target of Beijing’s crackdown on VIP gambling and capital outflows

  • Friday, 13 January, 2023
    Lex
    888/Kindred: Lady Luck is less evident after lockdowns Premium content

    Stricter UK gambling laws may help established groups by pushing out smaller operators

  • Friday, 13 January, 2023
    888 finance chief to quit as betting group’s revenues fall

    Yariv Dafna presided over £2bn deal to buy rival William Hill’s non-US operations

  • Sunday, 8 January, 2023
    News in-depth
    Casino mecca Macau gambles on becoming a global tourist attraction

    Big Six operators will invest $15bn over 10 years, with more than 90% spent on non-gaming developments

  • Friday, 6 January, 2023
    Bet365 Group Ltd
    Bet365 chief Denise Coates’s earnings topped £260mn in 2022

    Gambling group founder remains UK’s richest woman despite successive cuts to pay package

  • Friday, 16 December, 2022
    Rank Group PLC
    Casino operator Rank issues second profit warning

    UK gambling group slashes annual earnings forecast as betting declines at Grosvenor venues

  • Tuesday, 6 December, 2022
    LexJapanese business & finance
    World Cup/CyberAgent: sports betting will determine fortunes of streaming service Premium content

    Investors hope internet group will find a way to monetise the surge in viewers and traffic

  • Friday, 2 December, 2022
    Financial Conduct Authority UK
    Watchdog warns firms over CFD mis-selling risks

    Market turmoil increases dangers in highly-leveraged products

  • Tuesday, 29 November, 2022
    888 Holdings PLC
    Gambling company 888 to slash £1.6bn debt to quell investor fears

    Online betting group borrowed heavily to buy assets from William Hill

  • Wednesday, 9 November, 2022
    Gambling giants the losers after California rejects sports betting

    Industry hopes to overturn referendum outcome in biggest US market in 2024

  • Saturday, 5 November, 2022
    New York legal ruling ends Fox’s battle with Flutter over FanDuel price

    Arbitrator says Murdoch-owned media group must pay at least $3.7bn if it wants minority stake in betting company

  • Monday, 12 September, 2022
    Entain PLC
    Australian watchdog investigates Entain over anti-money laundering controls

    Owner of betting sites Ladbrokes and Coral under scrutiny

  • Tuesday, 6 September, 2022
    The National Lottery
    Camelot drops appeal over loss of UK National Lottery to rival

    Decision removes key obstacle to transfer of 10-year contract estimated to be worth as much as £100bn

  • Wednesday, 17 August, 2022
    Helen Thomas
    Entain makes the case for a tougher gambling crackdown

    Record £17mn fine raises questions about ability of industry to change and efficacy of current regulation

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