Century Casinos reports all-time-high Q2 revenues with 21% growth, boosted by Alberta’s restrictions lift

Century Casinos announced Friday its financial results for the second quarter of 2022. The company reported a 21% increase in its net operating revenue in a year-over-year comparison to $111,1 million during the period. The brand’s earnings from operations were $208 million, an increase of 15% from the same period in 2021. Net earningsContinue Reading

Pagcor posts net income down 87% to .9M in 2021 amid pandemic restrictions, POGOs closures

PAGCOR -the state-run Philippine Amusement and Gaming Corporation- has posted net income down nearly 87% to P203.6 million ($3.9 million) in 2021, according to new figures released by the regulator. The Philippines casino industry was severely hit by the Covid-19 pandemic, with lockdowns and preventive measures still in place duringContinue Reading

Kindred Group Disapproves Sweden’s New Proposed Gambling Restrictions

Kindred Group has responded to the Swedish government’s proposal to reintroduce liability measures by saying that these types of temporary restrictions will have a detrimental effect on consumers. Instead of protecting consumers and improving safeguards, Kindred thinks that the measures will undermine the current progress achieved. The Measures Were ProposedContinue Reading

Spain’s CNMC Backed PRD Provisions for Gambling Restrictions

Spain’s national competition authority, Comision Nacional de los Mercados y la Competencia (CNMC), expressed its support for the draft legislation for tighter online gambling regulation. ‘Correct Adaptation to the Principles of Good Regulation’ The CNMC, Spain’s authority that ensures markets from all sectors adhere to consumer and company standards, releasedContinue Reading

UK: BGC calls for financial support to casinos, reassurances if new Covid restrictions are introduced

Michael Dugher, chief executive of the Betting and Gaming Council, the industry’s standards body for UK betting and gaming, has called for financial support for casinos should further Covid restrictions be introduced as the Omicron variant continues to spread. In a press statement released on Thursday, the CEO remarked venuesContinue Reading