Europe NEWS

888 Holdings Plc surpasses Q1 2024 revenue expectations

888 Holdings Plc has announced a trading update for Q1 2024. The Group’s revenue of £431 million was slightly ahead of the £420-430 million guidance range previously outlined at the FY23 Results on 26 March 2024. This represents a 2 percent increase relative to Q4 2023, reflecting a continuation of positive sequential quarter-on-quarter trends.

SiGMA documentary celebrates milestone anniversary

On the cusp of its first decade, the SiGMA Group has released a special documentary to mark its 10 year anniversary celebrations.  Charting SiGMA’s monumental journey, from humble beginnings in 2014 to an events calendar boasting no less than 6 events held across 5 continents, the documentary explores the keystone moments shaping its growth trajectory.…

Entain and Flutter to compensate player losses following Dutch Court’s landmark ruling

The Dutch courts have made a groundbreaking ruling that could potentially reshape the landscape of the online gambling industry. The Overijssel District Court decreed that Flutter Entertainment and Entain, two prominent players in the industry, must reimburse all losses incurred by two of their players during the grey market era.

FDJ Q1 2024: Analysis of growth and acquisitions

A Closer Look at Revenue Growth La Française des Jeux (FDJ), France’s leading gaming operator, has reported a solid start to the year 2024. The company’s total group revenue for Q1 2024 was €710 million ($755.6 million), marking a 7 percent increase from the €662 million reported in the same period last year. However, on a like-for-like basis, this reflects a marginal growth of 1.1 percent.

Netherlands MPs vote to ban online slots and gambling ads

During the afternoon of 16 April, the Netherlands’ House of Representatives made a significant decision that would reshape the country’s online gambling landscape. The representatives voted in favour of banning online gambling advertising and “high-risk” online gambling, which includes slots. This move signalled a majority consensus for prohibiting all forms of targeted advertising and high-risk games such as slots. The motions were proposed by Socialist party MP Michiel van Nispen and manage

Entain Plc Q1 2024 performance and future prospects

Entain Plc (LSE: ENT), has released its trading report for Q1 2024, revealing key insights into its performance and future growth strategies.

Monaco and Macau’s partnership in the casino industry

Monaco, the world’s second-smallest country and the richest microstate, is known for its glamour, wealth, and the iconic Monte Carlo Casino. On the other side of the world, Macao, a special administrative region of China, has earned the title of the “Las Vegas of Asia,

Denmark announces surge in gross gaming revenue for online and land based casinos

In February 2024, Denmark’s gross gaming revenue (GGR) saw a significant increase, reaching DKK 587 million ($83.7 million), marking an 18 percent rise from the previous year and a 7 percent increase from the preceding month. This surge in revenue is a positive sign for the Danish gambling industry, which had seen a decline in total gambling expenditure for two consecutive years.

Governance dilemma of Bouchez’s alleged gambling lobby ties

In Belgium's recent political developments, a contentious issue has emerged involving Georges-Louis Bouchez, the leader of the Mouvement Reformateur (MR) party, and his alleged connections to the gambling industry. This matter has raised significant concerns about governance and the influence of lobbying on political decisions.

Unexpected hurdles in the hunt for Entain’s new CEO

Entain through a period of change and uncertainty, and setting the course for its successful future which is now a prerequisite.