Daily news

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    Richard Scudamore, chief executive of the English Premier League (EPL) top-tier football competition, has called for players and managers to be banned from betting on football.

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    UK bookmaker Betfred has purchased UK racecourse Great Leighs and has announced that it plans to host fixtures at the venue as early as 2015.

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    Mobile gambling company Probability remains committed to growing a “higher margin” business-to-business operation after revealing a fall in net gaming revenue in the six months through to September 30.

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    Online gambling operator 888 Holdings has said that it remains confident of meeting management expectations for full-year adjusted earnings before interest tax, depreciation and amortisation (EBITDA).

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    GamCrowd, a new crowdfunding and sourcing platform, has launched with the specific aim of helping start-up companies in the gambling industry.

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    New not-for-profit company Spin For Good has launched a new website where donors can play social games and win money for the company’s charity partners.

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    A report from market research company Newzoo predicts that Americans will have spent $20.5 billion (€15 billion) on games by the end of 2013, with 65% of the total spend coming through digital purchases.

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    The value of Bitcoin has slumped after reports emerged that China has taken action to restrict trading in the virtual currency.

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    Irish bookmaker Paddy Power has strengthened its presence in the country with the purchase of nine betting shops from independent bookmaker Hacketts.

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    Online gaming operator bwin.party has said that its outlook for next year remains ‘positive’ after citing increased betting volumes during the 2014 Fifa World Cup national team football tournament as one of the key catalysts that will help drive growth.

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    Sports and betting-related services company Sportradar has acquired media rights for the 2013 Spengler Cup ice hockey competition and the 2013-14 West Asian Football Federation men’s championship.

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    PHL Local Gaming, one of first bidders for the Category 2 gaming licence in the US state of Pennsylvania, has announced that it has received a letter of intent from estate investment and development company Fortuna Realty Group for the development of a hotel as part of its vision for a Casino Revolution-related LoSo Entertainment Center.

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    Digital technology provider ARM has completed the acquisition of gaming and entertainment lighting technology specialist Geomerics as part of a move to strengthen its position in the visual computing and graphics industries.

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    UK bookmaker Betfred has pledged its commitment to further expansion after recording a profit surge of almost £70 million (€83 million/$114.3 million) in the last year.

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    Multiplatform entertainment producer Endemol has announced that it has invested $13 million (€9.4 million) in social casino start-up gaming company Plumbee.

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    Gaming operator Golden Gaming has announced it has reached an agreement to acquire the slot route operations and 870 slot machines of Strategic Gaming Management in Northern Nevada.

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    It’s Friday the 13th... FDJ needs three years for an app, ICE has a “brand scent”, Germany lotteries not on the same planet as us, and the same goes for the POCT.

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    Perform Group’s share price more than halved yesterday (Thursday) after the digital sports media company warned that its 2013 earnings would be “significantly” below expectations.

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    Mobile and social gaming venture Gaming Realms has completed the takeover of specialist marketing agency Quick Think Media (QTM) for a fee of £2.2m (€2.6 million/3.6 million).

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    The UK’s Office for National Statistics (ONS) has reported an increase in the average amount British households spent on gambling during 2012.

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