Financial

Governor Desantis’ Framework for Freedom Budget Supports The Lottery’s Mission Of Building Brighter Futures For Students

February 5, 2023 | Financial

2023-24 Budget Recommendations Strengthen the Lottery’s Commitment to Education TALLAHASSEE – The Florida Lottery (Lottery) commends Governor DeSantis’ Framework for Freedom budget for contin...

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AGEM Index Up 13.5 Percent in January

February 5, 2023 | Financial

LAS VEGAS, NV (January 3, 2023) -The AGEM Index increased by 113.32 points in January 2023 to 952.42, a 13.5 percent jump from the prior month. Compared to one year ago, the index was up 26.55 poin...

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International Game Technology Plc Announces BB+ Long-Term Issuer Rating from Fitch

February 5, 2023 | Financial

LONDON, Feb. 2, 2023 /PRNewswire/ — International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that Fitch Ratings, Inc. (“Fitch”) has assigned each of IGT ...

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Chinese New Year Mass Gaming Revenue Returns to 60-70 Percent of 2019 Levels – JP Morgan

February 3, 2023 | Financial Subscriber Only

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Former Senate President Calls for the Privatization of the Government’s Gaming Industry

February 2, 2023 | Financial Subscriber Only

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Bookmaker 888’s Shares Tumble as CEO Quits

February 2, 2023 | Financial

U.K. (January 30, 2023) — The chief executive of 888 Holdings, Itai Pazner, will step down immediately, the British bookmaker said today, adding that it will suspend VIP activities in the Mid...

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Personal Finance Training for Lottery Winners Soon

February 2, 2023 | Financial Subscriber Only

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Lottery Agents Exempted from Paying TCS Tax Dues by Income Tax Department

January 31, 2023 | Financial

Kerala, India (January 30, 2023) —  The income tax department has decided to exempt lottery agents from the payment of Tax Collection at Source (TCS) dues for the period October 2020 to Marc...

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Idaho Lottery Issues RFI for Package Delivery Services

January 27, 2023 | Financial

BOISE, Idaho (January 26, 2023) – The Idaho Lottery has formally issued a Request for Information (RFI) seeking feedback from responsible, responsive, and experienced package delivery companies i...

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Gambling Commission Gives Go-Ahead for Allwyn to Acquire Camelot

January 25, 2023 | Financial

Lucerne, Switzerland (January 23, 2023) — “Allwyn welcomes the news that the Gambling Commission has cleared the company’s acquisition of Camelot UK Lotteries Limited from Ontario Teache...

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Genius Sports Announces Completion of Exercise and Consent Solicitation Relating to Warrants

January 24, 2023 | Financial

LONDON, U.K. (January 20, 2023) — Genius Sports Limited (NYSE: GENI) (“Genius” or the “Company”) announced today the successful completion of its previously announced offer to exercis...

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Southern District of New York Dismisses Putative Class Action Against Online Sports Gaming Company for Failure to Allege Actionable Misrepresentations or Scienter

January 20, 2023 | Government

USA (January 18, 2023) — On January 10, 2023, Judge Paul Engelmayer of the United States District Court for the Southern District of New York dismissed with prejudice a putative class action ...

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Macau 2023 Mass GGR to Recover to 60-70 Percent of 2019 Levels – S&P Global

January 17, 2023 | Financial

MACAU, SAR (January 13, 2022) — S&P Global Ratings has updated its forecast for Macau’s mass gross gaming revenue, saying that the figure will return to 60 to 70 percent of the 2019 lev...

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Court Grants Order to Freeze Another Five Properties Linked to Allegations of Lotteries Corruption

January 17, 2023 | Financial Subscriber Only

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Apollo-Backed Gambling Firm Lottomatica Weighs $1 Billion IPO

January 13, 2023 | Financial Subscriber Only

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DraftKings Investors Can’t Rely on Short-Seller Report to Prove Fraud – N.Y. Judge

January 13, 2023 | Financial Subscriber Only

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Ministry of Economy and Finance Changes Tax Rules for Commercial Gambling Business

January 12, 2023 | Government

Cambodia (January 9, 2023) — The Ministry of Economy and Finance (MEF) has started implementing the revenue-based taxation rules and procedures on commercial gambling businesses on the self-d...

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615 Million Euros Wagered in France During the World Cup, a Record

January 9, 2023 | Financial Subscriber Only

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Camelot’s Tech Partner IGT Sues over National Lottery Award to Allwyn

January 6, 2023 | Financial Subscriber Only

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January Gaming Revenue to Stand Between MOP4-6.2 Billion – Investment Banks

January 6, 2023 | Financial Subscriber Only

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Nederlandse Loterij Appoints Two New Supervisory Directors

January 6, 2023 | Financial

Rijswijk (December 29, 2022) — As of January 1, 2023, Ada van der Veer and Steven Martina will join the Supervisory Board (RvC) of Nederlandse Loterij. The General Meeting of Shareholders o...

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Junket Sector Contracts to 36, Down 85 Percent Compared to Heydays

January 5, 2023 | Financial

MACAU, SAR (January 4, 2023) — Local media outlets report only 36 companies have registered with the city’s gaming regulator to run junket operations this year, a number down roughly 35 per...

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The Swedish Gaming Authority’s Regulation Letter for the Budget Year 2023 Has Been Decided by the Government

January 5, 2023 | Government

Strängnäs, Sweden (January 3, 2023) — Every year the government decides on regulation letters for the authorities. The regulation letter states how the authority must work and how much mo...

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Maryland Lottery Begins 50th Anniversary Celebration

January 4, 2023 | Financial

Lottery players have won more than $31.5 billion in prizes since 1973 Baltimore, Maryland (January 3, 2023) — When the Maryland Lottery first opened its doors in 1973, leisure suits and bell bott...

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