Kindred Group reveals share of revenue derived from high-risk gamblers as company vows to reduce figure to zero by 2023.
FEATURED VIDEOS
Illinois political inertia leaves online gambling on life support
Illinois online gambling and daily fantasy sports legislation on life support as legislators proving unable to pass a budget for third straight year.
Tabcorp-Tatts merger spells doom for UBET, Luxbet betting brands
The proposed merger of Australian gambling firms Tabcorp Holdings and Tatts Group spells doom for the company's UBET and Luxbet wagering brands.
Gambling sites fight tooth and claw over UK football shirt deals
As new UK football seasons loom, betting sites fight tooth and claw for the chance to get their logos on the shirts of prominent teams.
Teddy Sagi cuts Playtech stake to 6.3% following £340m share sale
Playtech founder Teddy Sagi sells another £340m worth of shares in the company, further reducing his holdings from 33.6% last November to just 6.3% now.
Portugal issues seventh online gambling license
Portugal issues its third online sports betting license to local operator Sociedade Figueira Praia which will operate under Casino Portugal brand.
William Hill shut Tel Aviv office, shift operations to Europe
William Hill to shut Tel Aviv office in cost-cutting move, shift online marketing operations to Europe, resulting in around 200 redundancies.
Melco-Hard Rock give up on Spain casino, double-down on Cyprus
The Melco International-Hard Rock International tandem sign Cyprus casino contract, withdraw bid for casino license in Spain's Catalan region.
Swiss casinos reverse revenue slide, prep online gambling sites
Swiss casinos report a modest year-on-year revenue gain in 2016, reversing a nine-year slide, while prepping their new online gambling sites.
