Financial

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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Allwyn to Buy Camelot Lottery Solutions in U.S. Push

January 4, 2023 | Financial Subscriber Only

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Macau Casinos Seek Upturn after Worst Year Since 2004

January 3, 2023 | Financial

COVID-19 HAVOC: China’s reopening and Macau’s decision to scrap quarantine for overseas arrivals are expected to accelerate a rebound in the gaming sector MACAU, SAR (January 2, 2023) — M...

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Macao’s 2022 Gross Gaming Revenue Down By 51.4% Year-on-Year

January 3, 2023 | Financial

December GGR down by 56.3 per cent year-on-year from MOP 7.8 billion to MOP 3.48 billion; city’s six gaming operators began new 10-year concessions yesterday. MACAO, SAR (January 2, 2023) —...

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Transfer of OPAP’s Minority Stake in the Betano Business

January 1, 2023 | Financial

Lucerne Switzerland (December 27, 2022) — Allwyn AG (“Allwyn”), further to its announcement dated 20 April 2022, announces that OPAP Investment Limited (“OPAP Investment”, a wholly ow...

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International Game Technology PLC Announces Redemption of A Subsidiary’s 5.35% Notes Due 2023 In Full

December 29, 2022 | Financial

LONDON, Dec. 22, 2022 /PRNewswire/ — International Game Technology PLC (NYSE: IGT) (“IGT”) today announced that International Game Technology (a Nevada corporation and direct whol...

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Gaming Operators Required to Raise Non-Gaming Investment by 20 Percent if Macau GGR Reaches MOP180 Billion

December 29, 2022 | Financial Subscriber Only

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Allwyn to Acquire the Camelot Lottery Solutions Group from Ontario Teachers’ Pension Plan Board

December 29, 2022 | Financial

CHICAGO, Illinois, United States and Luzern, Switzerland – 22 December 2022 – Allwyn AG (“Allwyn”), Europe’s leading lottery operator, and Ontario Teachers’ Pension Plan Board (“O...

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Churchill Downs Incorporated to Acquire Exacta Systems

December 28, 2022 | Financial

LOUISVILLE, Ky. (December 19, 2022) — Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced today that it has entered into a definitive agreement under which ...

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Star Warns Treasurer New Tax on Gaming Tables and Poker Machines Could Jeopardise Planed Infrastructure Program to Build Tourism Related Projects and Activities

December 28, 2022 | Financial Subscriber Only

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New Bill Limits Junkets’ Commission to 1.25%

December 28, 2022 | Financial Subscriber Only

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Gaming Operators Undertake to Invest MOP 108 Billion in Macao by 2033

December 28, 2022 | Financial Subscriber Only

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