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    Gambling industry

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    • Tuesday, 7 February, 2023
      Super Bowl betting expected to hit $16bn

      More than 50mn Americans set to bet on the event either casually among friends or through an official channel

    • Tuesday, 31 January, 2023
      News in-depth
      Fall of Asia’s gambling kingpin augurs change for Macau industry

      Alvin Chau’s jailing comes as Beijing cracks down on money laundering and capital flight

    • Monday, 30 January, 2023
      888 Holdings PLC
      888 chief exits as online betting group launches VIP accounts probe

      Several customer accounts in Middle East are suspended after investigation into failure to follow anti-money laundering rules

    • Sunday, 22 January, 2023
      Leo Lewis
      All bets are off on Japan’s sports gambling craze

      As the country recovers from the pandemic, screen-oriented activities hold less appeal

    • Wednesday, 18 January, 2023
      Macau ‘junket king’ Alvin Chau sentenced to 18 years in prison

      Former Suncity boss is highest-profile target of Beijing’s crackdown on VIP gambling and capital outflows

    • Friday, 13 January, 2023
      Lex
      888/Kindred: Lady Luck is less evident after lockdowns Premium content

      Stricter UK gambling laws may help established groups by pushing out smaller operators

    • Friday, 13 January, 2023
      888 finance chief to quit as betting group’s revenues fall

      Yariv Dafna presided over £2bn deal to buy rival William Hill’s non-US operations

    • Sunday, 8 January, 2023
      News in-depth
      Casino mecca Macau gambles on becoming a global tourist attraction

      Big Six operators will invest $15bn over 10 years, with more than 90% spent on non-gaming developments

    • Friday, 6 January, 2023
      Bet365 Group Ltd
      Bet365 chief Denise Coates’s earnings topped £260mn in 2022

      Gambling group founder remains UK’s richest woman despite successive cuts to pay package

    • Friday, 16 December, 2022
      Rank Group PLC
      Casino operator Rank issues second profit warning

      UK gambling group slashes annual earnings forecast as betting declines at Grosvenor venues

    • Tuesday, 6 December, 2022
      LexJapanese business & finance
      World Cup/CyberAgent: sports betting will determine fortunes of streaming service Premium content

      Investors hope internet group will find a way to monetise the surge in viewers and traffic

    • Friday, 2 December, 2022
      Financial Conduct Authority UK
      Watchdog warns firms over CFD mis-selling risks

      Market turmoil increases dangers in highly-leveraged products

    • Tuesday, 29 November, 2022
      888 Holdings PLC
      Gambling company 888 to slash £1.6bn debt to quell investor fears

      Online betting group borrowed heavily to buy assets from William Hill

    • Wednesday, 9 November, 2022
      Gambling giants the losers after California rejects sports betting

      Industry hopes to overturn referendum outcome in biggest US market in 2024

    • Saturday, 5 November, 2022
      New York legal ruling ends Fox’s battle with Flutter over FanDuel price

      Arbitrator says Murdoch-owned media group must pay at least $3.7bn if it wants minority stake in betting company

    • Monday, 12 September, 2022
      Entain PLC
      Australian watchdog investigates Entain over anti-money laundering controls

      Owner of betting sites Ladbrokes and Coral under scrutiny

    • Tuesday, 6 September, 2022
      The National Lottery
      Camelot drops appeal over loss of UK National Lottery to rival

      Decision removes key obstacle to transfer of 10-year contract estimated to be worth as much as £100bn

    • Wednesday, 17 August, 2022
      Helen Thomas
      Entain makes the case for a tougher gambling crackdown

      Record £17mn fine raises questions about ability of industry to change and efficacy of current regulation

    • Wednesday, 17 August, 2022
      Entain PLC
      Entain hit with record £17mn fine for ‘unacceptable’ failures

      Regulator finds Ladbrokes owner fell short over anti-money laundering and safer gambling rules

    • Friday, 12 August, 2022
      Flutter and 888 take revenue hit after safer gambling moves

      Paddy Power-owner boosted by improving performance at US subsidiary FanDuel

    • Saturday, 6 August, 2022
      News in-depth
      Ad tracking by online gambling industry comes under scrutiny

      UK’s data watchdog assesses complaint on ways betting firms profile and target problem players

    • Tuesday, 2 August, 2022
      Melco Resorts & Entertainment Ltd
      Hong Kong casino tycoon considers Macau move to avoid US delisting

      Melco is exploring a loophole as negotiations between Beijing and Washington reach a stalemate

    • Friday, 15 July, 2022
      The National Lottery
      Camelot granted right to appeal against handing UK lottery to Czech rival

      Ruling extends hotly contested battle for lucrative contract, worth potentially £100bn, to mid-September

    • Wednesday, 13 July, 2022
      Brooke Masters
      Save for retirement or just put it all on red?

      New retail trading and betting products blur the lines between gambling and investing

    • Wednesday, 6 July, 2022
      LexDraftKings
      DraftKings/online gambling: betting boom is no winning ticket Premium content

      Shares in US sports gambling sites have slumped

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