Author: Olivia Cole

The Ireland-based gambling and sports betting giant Flutter Entertainment has revealed that it could make further investment in its retail assets. In an interview with the Sunday Independent, Conor Grant, the CEO of the gambling company’s business in the UK and Ireland, shared that Flutter Entertainment would keep its support for its brick-and-mortar business, although the revenue of its Irish retail network was 27% lower in the quarter to the end of October than in the same period a year earlier. Mr Grant revealed that the gambling giant would make…

The UK gambling and sports betting giant William Hill has revealed that it decided to cease operation of three of its online casino brands in Europe. Earlier this week, the British gambling group, which was taken over by the US casino, gambling and entertainment behemoth Caesars Entertainment in a £2.9-billion deal in April 2021, revealed that it will shutter the operations of its 21Nova, EuroGrand, and Casino Club brands. As shared by company officials, the decision came as part of the gambling conglomerate to streamline its online gambling operations in…

The British online casino operator BGO Entertainment revealed it is selling its casino database in the UK. The move comes after the company saw its operating licence suspended by the UK Gambling Commission (UKGC) in October. After spending 9 active years in the UK market, the online gambling company is now exiting the country, with representatives of BGO Entertainment revealing that it no longer made sense for it to continue operating in a regulated market where fines were inconsistent with the size of the business. In an official statement, the…

The New Zealand Lotteries Commission, also known as Lotto NZ, is seeking a new supplier of Instant Kiwi scratch tickets. It currently has a contract with Scientific Games but the deal will come to an end in the middle of 2022, so Lotto NZ is now trying to find another gambling company to ink a contract with. According to a recently unveiled tender, the New Zealand Lotteries Commission sells between 40 and 45 instant scratch games under the Instant Kiwi brand on an annual basis. The operator that organises, conducts…

National television and radio broadcaster of Ireland – RTÉ – has appeared as the first group to be affected by the new advertising rules that are being rolled out in line with the changes in the country’s gambling regulations, as the local gambling giant Paddy Power has ended its sponsorship of live televised football events aired by the broadcaster. During the weekend, the betting firm, which is currently owned by Flutter Entertainment, officially confirmed that it had ceased its partnership with RTÉ. The announcement comes before the Irish Bookmakers Association…

Crown Resorts is currently being urged to allow the US alternative investment management firm Blackstone Inc. to inspect its books hoping it will manage to convince the suitor to boost its latest offer to acquire the Australian gambling giant’s assets. A few days ago, it was revealed that Blackstone made a third takeover bid worth AU$8.46 billion for the casino company, following two previous acquisition attempts that got turned down as too low earlier in 2021. While the third takeover offer of Blackstone is being considered by Crown Resorts, it…

Entain plc, the gambling giant behind the major betting brand Ladbrokes, is looking to expand its operations on the Baltic market, sources with knowledge of the subject revealed. The company plans to achieve this by taking over the Olympic Entertainment Group, one of the biggest gambling operators in the Baltic countries. The British gambling firm has allegedly proposed to purchase the Estonia-based operator for the generous amount of $1 billion. The Estonian betting firm operates a range of online gaming products and landbased casinos in the Baltic region, the sources…

The Australian Communications and Media Authority (ACMA) has officially warned the largest gambling company in the country – Tabcorp Holdings Ltd – after findings that the operator has accepted 37 illegal online in-play bets on a US college basketball game. Online in-play betting is placing bets on a sporting event that has already started. Currently, such a kind of betting service is considered illegal in Australia under the Interactive Gambling Act 2001. The Australian Communications and Media Authority had received a complaint, so it investigated the sports betting company and…

The former Formula One team owner Eddie Jordan is currently part of a bigger group that is planning to make a counterbid estimated at £3 billion for the Isle of Man-based gambling software developer Playtech. As reported by Sky News, a company founded by Mr Jordan is collaborating with an investor that is currently thought to be Centerbridge Partners on making and financing an acquisition bid for the gambling software provider. According to reports, the consortium is believed to have already made a preliminary approach to the advisors of the…

Australian bank and financial services provider Westpac is set to implement higher interest on what it describes as “quasi cash” payments of customers using its credit cards, including gambling payments made to TAB, Lotto, as well as other online gambling accounts in New Zealand. Currently, a 22.95% interest is charged by the bank on so-called cash advances on its Hotpoints Mastercard. As of November 30th, payments to gambling operators and cryptocurrencies purchases will also be considered cash advances by Westpac. In comparison, ordinary purchases made on the standard Mastercard offered…