888 shares soar amid William Hill bargain deal April 7, 2022 Gambling giant 888 has agreed a renewed price for its acquisition of William Hill, dropping from £2.2bn to £1.95bn, and reflecting the change in the "macro-economic and regulatory environment" since the deal was first announced.
Ladbrokes owner Entain posts online slowdown as lockdown boom dwindles April 7, 2022 Ladbrokes owner Entain reported an online gaming slowdown this morning as the pandemic boom dwindled during the first quarter of 2022. Though net gaming revenue was down eight per cent compared to the immense growth seen in 2021, group revenue was up 31 per cent thanks to retail. Discussing the results, Jette Nygaard-Andersen, Entain’s [...]
Into the final straight: An interview with gambling chief Michael Dugher April 1, 2022 For most punters, it’s the thrill of horses entering the last couple of furlongs when the heart rate starts picking up. The betting industry however is in a final stretch quite unlike that at courses like Cheltenham and Epsom – for a government review in the works since 2020 is due to finally set the [...]
Gambling giant 888 launches African joint venture as online betting market swells March 29, 2022 Gambling giant 888 makes a major move into the African market, signing an agreement with industry specialists to form 888Africa.
Gambling addiction could be nine times worse than the bookies say March 23, 2022 New research has suggested that gambling addiction rates could be nine times higher than the gambling industry claims.
Watchdog whacks Sky Vegas with £1.2m fine after it offered free casino spins to recovering addicts March 9, 2022 Sky Vegas has been hit with a £1.2m fine by gambling watchdog after it sent free casino "spins" to recovering addicts.
Revenue growth drives 888’s ‘record year’ March 9, 2022 Betting and gaming giant 888 has said 2021 was a “record year” for the company, as revenue surged to $980.1m. In the year ended 31 December, the group’s gross profit went up 15 per cent to $647m, while profit before tax rocketed from $26.7m to $81.3m, bringing with it a 500 per cent increase in [...]
Betfair owner Flutter ties staff bonuses to stamping out gambling addiction as industry gears up for reform February 28, 2022 Betfair and Fanduel owner Flutter Entertainment has said this morning that it will tie 10 per cent of annual bonuses for its staff to initiatives aimed at helping prevent gambling addiction. The world’s largest online betting group stated that these targets were part of a package which hoped to get 75 per cent of active online customers [...]
‘A dangerous crossroads’: Gambling industry warns UK against heavy reform as black market swells across Europe February 18, 2022 New data released today has revealed the shocking size of black market gambling across Europe as industry warns the government that it is “at a dangerous crossroads”, urging ministers to “learn lessons from abroad” in its upcoming gambling review. According to research from the Betting and Gaming Council, British punters using unlicensed sites has more [...]
Bookies look Stateside for betting wins February 11, 2022 Sunday night’s Super Bowl will see the Bengals battle the Rams - but the real action might be off the field, writes Leah Montebello