Portugal’s iGaming Market Up 8% to €33m in Q1 2018
For the first quarter of 2018, Portugal’s regulated internet gambling industry generated €33 million ($40.4m) in revenue, with that figure representing a 7.8% increase compared to the same period in 2017. Helping to give the country’s market a boost was its online casinos, which were up by 18% year-on-year, while the sports-betting segment failed to […]
Could Berlusconi Champion Italy’s Gambling Industry?
Last weekend, Italy’s gambling industry breathed a collective sigh of relief after the country’s president Sergio Mattarella failed to green-light Prime Minister-designate Giuseppe Conte’ plan to form a coalition government consisting of the anti-Euro Five Star Movement (MS5) and the far-right League party. That because a few days earlier, the prospective new government had been […]
PokerStars Partners with Chinese Hotel Chain To Grow Brand In Asia
Online poker giant PokerStars has inked a deal with International Entertainment Corp (IEC), with the partnership revealed in a document filed at the Hong Kong Stock Exchange. The hotel company will now be managing PokerStars-branded offline card rooms and live events across selected Asian markets, and commenting upon the news, a statement released by IEC […]
Victoria Coren Mitchell Praises UK FOBT Gambling Regulation
Following this month’s news that the maximum stakes of Fixed Odds Betting Terminals (FOBTs) in the United Kingdom will be cut from £100 to just £2, a number of interested parties have been expressing their relief that a new chapter may soon open on the country’s gambling industry. The decision was reached after a 15-year […]
The State of Maryland’s Gambling Industry
In 2008, Maryland approved the placing of slot machines at its land-based casinos, with table games added to the gambling mix four years later. Over the ensuing decade, Maryland’s casino markets has gone from strength to strength, and this year is no exception with the state’s six casinos having generated four consecutive months of year-on-year […]
Pennsylvania Casinos Down 1.5% to $281m in April
In April, Pennsylvania saw the size of its casino market fall by 1.5% to $280.9 million compared to the same month in 2017, with a slight increase in the state’s slot machine offering counteracted by a brutal month for its table games. The lackluster numbers follows a record breaking March in which Pennsylvania’s 12 land […]
UK Reduces Maximum FOBT Bets to Just £2
The government of the United Kingdom has just decided to cut the maximum stake for fixed odds betting terminals (FOBTs) from their current level of £100 down to just £2. The change was announced Thursday, May 17 by the Department for Digital, Culture, Media and Sport, but must still be ratified by Parliament before becoming […]
