Daily news

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    The Betting and Gaming Council (BGC), the new representative body for the UK gambling industry, has announced new measures to help identify and reduce potential problem gambling in licensed betting offices (LBOs).

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    Latvian gambling regulator the Lotteries and Gambling Supervisory Inspection (IAUI) has issued a warning to consumers in the country over fake lotteries and online fraud, advising them to fully research the operator before purchasing tickets.

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    Lottery platform provider 500.com’s revenues fell 67.6% to RMB9.8m for the third quarter of 2019 as migration to a new website in Sweden and the cessation of sports information services in China had a major impact the business' balance sheet.

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    Sports data provider Sportradar has partnered the Council of Europe (CoE) for a new pilot project to assess risk factors that affect the integrity of professional sports around the world.

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    Bragg Gaming Group has reported revenue of CAD$10.0m for the third quarter of 2019, while starting tomorrow, the business will have a new finance chief as bwin.party veteran Stephen Prowse takes over the role from Ashkay Kumar.

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    Online gambling operator Global Gaming has failed in its effort to overturn a decision to strip its SafeEnt subsidiary of its Swedish licence after the country’s Administrative Court rejected an appeal.

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    The current licence terms for the Irish National Lottery are limiting the amount of funds raised for good causes in the country, with a new report by Dublin City University suggesting that up to €43m (£36.9m/$47.4m) is being lost.

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    Sri Lanka has become the first South Asian country to criminalise match fixing, with a bill setting out severe penalties including fines of up to LKR100m (£431,836/€502,536/$554,078) and ten-year prison terms.

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    Games provider Design Works Gaming Group (DWG) has been granted a licence to provide real-money online games by the British Gambling Commission.

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    Ladbrokes Coral operator GVC will host a symposium at the British Academy in London today (12 November) on the research into safer gambling that it funds.

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    Sports wagering revenue in Iowa increased to $5.7m (£4.4m/€5.2m) in October, the second full month of regulated betting in the state, with growth across both the retail and online sectors.

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    Australian lotteries and betting operator Tabcorp has revealed that Mandy Ross is to step down as its chief information officer in order to take up the role of chief digital officer with Griffith University in Brisbane.

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    The GB Gambling Commission has warned organisations running charity lottery games over the Christmas period to ensure they are operating lawfully in order to avoid any potential legal action.

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    The Kenyan Tax Appeals Tribunal has ruled in favour of betting operators that challenged whether a controversial gambling tax should be levied on player winnings, rather than their original stakes.

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    Dutch gambling regulator Kansspelautoriteit (KSA) has released more details about applying for new online gambling licences in the country, saying operators will be able to submit applications as soon as new legislation comes into force.

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    Denmark’s regulated gambling market has reported a marginal year-on-year decline in revenue, with declines in revenue from land-based gaming machines and sports betting offsetting growth in online casino.

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    Revenue from New York’s four commercial sportsbooks declined 4.4% month-on-month in October to $2.2m (£1.7m/€2.0m), though this still represented the second-highest monthly total since the launch of regulated retail wagering in July.

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    Online sports betting operator PointsBet has set out plans to launch in Colorado next year after the state last week legalised sports wagering.

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    The Norwegian government will consider transferring the country’s horse racing betting monopoly from national tote Norsk Rikstoto to national lottery Norsk Tipping when the former’s rights to organise wagering on racing expire at the end of 2021.

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    The battle between payments and Know Your Customer (KYC) solutions provider iSignThis and the Australian Securities Exchange (ASX) over the suspension of its shares looks set to continue, with no sign of a resolution in sight.

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