The GI Newswire: 04 November 2024

British gambling market shows continued growth in Q2 2024

The UK Gambling Commission has released new data covering gambling activity in Great Britain for both online and in-person settings. The data, sourced from licensed operators, spans from March 2020 through September 2024, providing insights into the behaviour of Licensed Betting Operators (LBOs) on British high streets and online platforms. In the financial year’s second quarter (Q2), spanning July to September 2024, the online gambling gross gambling yield (GGY) reached ￡1.32bn ($1.71bn) – a notable increase of 11% from the previous year. Read the full story here .

Other stories from Europe:

• EU Commission deems FDJ monopoly fair, but increases payment to €477m (Read )
• Ireland’s new Gambling Regulatory Authority set to launch in phases by mid-2025 (Read )
• No current gambling duty increases, as Rachel Reeves announces UK Budget (Read )
• 'Emotional days:' Better Collective CEO announces redundancies after share price tumbles (Read )
• Finland to include horseracing as part of demonopolised market (Read )

Florida: Seminole Tribe and West Flagler reach agreement to end legal disputes and introduce Jai Alai

The Seminole Tribe of Florida and West Flagler Associates, alongside other entities affiliated with West Flagler, have reached a formal agreement that effectively concludes ongoing legal conflicts regarding gaming rights in Florida.?This new agreement also sets the stage for a partnership in which Jai Alai betting, managed by Battle Court Jai Alai, an affiliate of West Flagler, will be available on the Seminole Tribe’s Hard Rock Bet app in early 2025. Read the full story here .

Other stories from North America:

• Caesars Entertainment reports $9m net loss for Q3 2024 as revenues decline 2.6% (Read )
• BetRivers launches new sports player card game (Read )
• Q3: RSI adjusted EBITDA up, revenue up 37% and net income posted (Read )

Fazi secures full operational licence in Brazil

Supplier Fazi has announced full certification in the Brazilian market, acquiring its licence ahead of the nation opening its iGaming and sports betting markets in the new year. Part of the Novomatic Group, Fazi will now look to introduce its online gaming portfolio to a range of local operators in the highly coveted Brazilian market. The organisation will hope to build on a range of expansive moves across the LatAm landscape, including the recent debut of its Mega Pay machines in Colombia, as it makes its first foray into Latin America’s largest market. Read the full story here .

MightyTips partners with 888Starz to expand in African Markets

MightyTips has announced a new partnership with the online sportsbook 888Starz, aiming to enhance its offerings in the African markets of Benin, Cameroon and C?te d’Ivoire (Ivory Coast). This collaboration will see 888Starz featured prominently on the MightyTips website, increasing visibility for its iGaming products and providing players with information about the international bookmaker. Through this alliance, 888Starz users in these African markets will also get access to daily football previews and betting tips provided by the MightyTips team – a feature that aims to enhance customers’ overall sports betting experience. Read the full story here .

Macau October GGR up 6.6%; accumulated GGR totals MOP 190.1bn

Macau’s gaming industry saw a moderate rise in gross gaming revenue (GGR) in October 2024, with revenue reaching MOP 20.8bn ($2.6bn), according to data released by the Gaming Inspection and Coordination Bureau (DICJ).?The 6.6% increase from October 2023 represents the highest monthly total GGR for a month so far this year, slightly surpassing May’s peak of MOP 20.2bn. This gain aligns with analysts’ expectations and reflects a seasonal boost from the National Golden Week holiday in China.?Read the full story here .

Other stories from Asia-Pacific:

• MGM results: International Q3 revenue up 5.3% while MGM China makes $929.5m (Read )
• PAGCOR releases Q3 report, revenue up 42% to PHP 79.4bn (Read )
• The Star Entertainment revenue drops 18% for Q1 FY25 to AU$351m (Read )
• SkyCity executives address compliance issues at shareholders meeting (Read )