News – Page 14 | Global Gaming Insider

Accel Entertainment records quarterly high $351.6m revenue for Q1, increases 8.5%

Accel Entertainment reports all-time high $351.6m revenue for Q1, increases 8.5%

The operator also generated a quarterly record for adjusted EBITDA, which increased 8.6% to nearly $53.8m, as well as 0.3% net income growth for a total of $14.7m.

2 min read • May 5 • By Kirk Geller

PGCB Executive Director issues comments to CFTC on ‘deteriorated’ sports betting landscape

Kevin O’Toole stated prediction markets have ‘perfected a wildly addictive formula’ to target ‘young, inexperienced bettors’ as part of his comments issued to CFTC Secretary Christopher Kirkpatrick.

2 min read • May 5 • By Kirk Geller

Financial Land Based + 3 more

Ohio casino revenue increases 0.5% to $94.9m for March

The Ohio Casino Control Commission reported slot revenue increased 1.1% to account for $69.6m of the state’s total gaming revenue, while table games produced $25.3m and fell 1%.

2 min read • May 5 • By Kirk Geller

Responsible Gambling Appointments + 1 more

Chetan Pandya to serve as Managing Director of Epic Global Solutions

The appointment marks a ‘significant’ step in the next phase of international growth for Epic, as well as reflects the organisation’s goal to scale operations and deepen strategic partnerships.

1 min read • May 5 • By Kirk Geller

Legal & Regulatory Land Based + 2 more

Culiacán casino burned down in armed attack

The Tropicana casino in Culiacán was set on fire by an armed group, leaving one person dead and several injured. It was the venue's second attack in under a week.

1 min read • May 5 • By Milagros del Priore

Land Based Lottery + 1 more

Paraguay awards five-year quiniela licences to two operators

The licences were granted under an amended gaming law that has ended the sector’s monopoly.

1 min read • May 5 • By Marieta Lezaic

Legal & Regulatory Online + 1 more

Austrian Supreme Court confirms accumulator sports betting is not gambling

In Austria, sports betting is classified as a game of skill, and the recent Supreme Court ruling confirms this even in cases involving accumulator betting.

1 min read • May 5 • By Marieta Lezaic

Responsible Gambling Legal & Regulatory + 1 more

Jujuy bans child support debtors from casinos

Argentina's Jujuy Province has signed an agreement to block individuals listed on its child support defaulters registry from entering casinos and gaming halls, with the measure taking effect immediately.

1 min read • May 5 • By Milagros del Priore

Legal & Regulatory Casino + 2 more

Argentinian senator pushes to ban betting brands from sports venues

A Buenos Aires Province lawmaker has introduced a bill that would ban gambling operators from sponsoring sports clubs, targeting jerseys, signage and facilities.

2 min read • May 5 • By Milagros del Priore

Appointments Personnel

Finland: Veikkaus appoints Ilkka Kosola as CFO

Ilkka Kosola will join Veikkaus as CFO by the end of September and support the operator's ongoing transformation.

1 min read • May 5 • By Marieta Lezaic