World Cup winner Marcel Desailly and leading news and sports broadcaster Kirsty Gallacher will be the hosts for the SBC Awards 2021, which take place on 14 December at Evolution London

Marcel Desailly and Kirsty Gallacher to host SBC Awards 2021

World Cup winner Marcel Desailly and leading news and sports broadcaster Kirsty Gallacher will be the hosts for the SBC Awards 2021, which take...
Camelot UK Lotteries, the operator of the UK National Lottery, has published its financial results for the first half of FY2021/22, attributing its highest-ever first-half sales to the ‘unmissable brand connection’ with the Tokyo 2020 Olympics

Camelot ‘delighted’ with ‘highest-ever’ first-half National Lottery sales

Camelot UK Lotteries, the operator of the UK National Lottery, has published its financial results for the first half of FY2021/22, attributing its highest-ever...
The lottery app Jackpocket has officially opened its second headquarters premises in the Santa Barbara Tech Sector, creating new jobs and growing its team on the West Coast

Jackpocket eyes new hires as Santa Barbara second HQ opens

The lottery app Jackpocket has officially opened its second headquarters premises in the Santa Barbara Tech Sector, creating new jobs and growing its team...
International Gaming Technology (IGT) is targeting double-digit growth in the ilottery sector over the next four years, unveiling plans for investment into the rapidly growing area to further its growth strategy.

IGT eyes ‘double digit’ ilottery growth as it reiterates ‘market leading’ lottery position

International Gaming Technology (IGT) is targeting double-digit growth in the ilottery sector over the next four years, unveiling plans for investment into the rapidly...
Peter ter Weeme from the British Columbia Lottery Corporation explains why it is the right time for the industry to create a social purpose

Peter ter Weeme: It’s time for the gambling industry to kick start its social-purpose...

More organisations are turning their attention to the idea of Social Purpose and wondering what it means for them. BCLC recently kick-started its social-purpose...
The National Lottery of Malta will be operated by National Lottery plc, a subsidiary of IZI Group, after bidding €105m for the 10-year contract

National Lottery plc wins Maltese lottery rights following €105m bid

The National Lottery of Malta will be operated by National Lottery plc, a subsidiary of IZI Group, after bidding €105m for the 10-year contract. National...
The Tennessee Lottery has published sales data for the state’s sportsbooks in October, revealing a record-breaking figure of $375m

Tennessee Lottery confirms record-breaking sportsbook revenues in October

The Tennessee Lottery has published sales data for the state’s sportsbooks in October, revealing a record-breaking figure of $375m. Last month the lottery revealed a...
NeoGames has published its financial statements for Q3 of FY2021, revealing adjusted EBITDA has decreased by 3.8% year-on-year as the company invested in its long-term growth strategy.

NeoGames capitalises from NPi growth as investments continue in Q3

NeoGames has published its financial statements for Q3 of FY2021, revealing adjusted EBITDA has decreased by 3.8% year-on-year as the company invested in its...
Inspired Entertainment Inc has published its Q3 financial report for the period ended September 30, revealing continued growth across its operations after recovering from the pandemic

Inspired praises ‘leaner and efficient’ operations in Q3 as growth continues

Inspired Entertainment Inc has published its Q3 financial report for the period ended September 30, revealing continued growth across its operations after recovering from...
The Danish state-owned lottery and gaming operator Danske Spil has published its financial report for Q3 of FY2021, revealing a 2.9% increase in GGR and a 3.4% rise in profits. Danske Lotteri Spil, the lottery side of the business, posted revenues of DKK2.03bn representing an increase of 5.8% year-on-year. The lottery business also contributed to the majority of total profit before financial items. In total, Danske Spil’s profit before financial items stood at DKK1.59bn, up 3.4% YoY, with Danske Lotteri Spil contributing to DKK1.39bn. Meanwhile, the betting and gaming side of the business, Danske Licens Spil, generated DKK1.36bn in revenue, largely thanks to the increased sporting calendar, aided by Denmark reaching the semi-finals of UEFA Euro 2020. However, it was Swush, the operator’s fantasy sports platform which provided the most growth in Q3. Revenues from Swush grew from DKK5.5m in 2020 to DKK15.2m in Q3 2021. COVID-19 is having an impact on Danske Spil’s gaming arm, Epic Gaming, given that more of its halls have been closed throughout Q3 2021 than the previous year. As a result, Epic Gaming’s revenue dropped from DKK188.3m to DKK130.9m. The operator was forced to pay higher taxes throughout 2021 following the decision from the government to increase its tax rate from 20% to 28% from January. As a result, taxes paid to the Danish state were up 25.2% to DKK450.7m. However, due to the strong financial performance throughout the period, the operator posted a post-tax profit of DKK1.23bn, up by DKK54.6m from the previous year Following the strong financial situation of Danske Spil, it has increased its profit guidance for the financial year. Previous forecasts indicated that it would make a profit between DKK1.4-1.5bn, however, updated forecasts predict a profit of DKK1.5-1.6bn.

Danske Spil posts strong Q3 financials despite increased tax rate

The Danish state-owned lottery and gaming operator Danske Spil has published its financial report for Q3 of FY2021, revealing a 2.9% increase in GGR...

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