Last week the UK Gambling Commission (UKGC) suspended Genesis Global's UK-facing gaming license in a move that was long on legalese and short on details. This week, we've learned more about the nature of Genesis Global's alleged infractions, along with the company's response. In short, company officials told the UKGC the they'll be both cooperating…
To say that Q2 2020 was one of the worst quarters in the history of land-based casinos is something of an understatement, as the recent earnings report from the Las Vegas Sands Corporation lays out in excruciating detail. For the three months ending June 30, 2020, Sheldon Adelson's company saw an astonishing 97 percent drop…
Any business looking to stay ahead of corona virus-induced financial catastrophe should study the folks running Betsson. The Stockholm-based gambling operator posted record revenue during Q2 2020 - which was arguably one of the worst quarters in recorded financial history. For the three months ending June 30, Betsson raked approximately $172 million (USD). So how…
Poker Central and NBC Sports are renewing their content partnership to last through 2022. It's a deal that offers major benefits for both parties. It's also a deal that will some high level, high stakes poker tournaments in front of some pretty big worldwide audiences. Under the terms of the deal, NBC Sports will continue…
The UK Gambling Commission (UKGC) is, seemingly, fighting back against accusations that it is a "toothless" organization by suspending Genesis Global's UK gambling license. The action, which was announced Monday and is effective immediately, impacts at least a dozen gaming sites associated with the global brand. It's a big move thatcould cause big problems for…
UK Prime Minister Boris Johnson has given his approval to a plan that would have all UK casinos reopening by August 1, with plenty of new social distancing guidelines. The plan, however, is a day late and a dollar short for plenty of casino employees who are now on permanent furlough. Johnson's plan, which actually…
Spanish gambling operators are facing a host of new regulations that will make doing business extremely difficult. Among the new regulations being proposed by Spanish gambling regulators are a ban on sports sponsorships, a ban on welcome bonuses, and some very strict rules on advertising. It's yet another indication that running an online sportsbook or…
Buzz Bingo is permanently closing 26 of its 117 UK bingo halls as part of a restructuring action brought on by the global COVID-19 pandemic. It's just the latest sign that "business as usual" will not be "business as usual" when the quarantine lockdown is eventually lifted. As it stands today, the company's remaining 91…
Betfred USA CEO Brian Bennett is bullish on the future of sports betting, and gambling in general, in the US market. The optimistic executive is holding fast to his beliefs, though he's realistic about the impact the COVID-19 crisis will have on the industry. Bennett shared his views recently in a pair of interviews with…
Life for UK and UK-facing gambling operators certainly has not been easy during 2020. Before the pandemic shut down betting shops and casinos, anti-gambling forces in Parliament had been hard at work limiting the breadth and scope of operator's marketing techniques. In particular, they've been very interested in limiting how, and how often, gambling operators…
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