Daily news

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    Spread betting and contracts for difference (CFD) provider IG Group Holdings has reported a year-on-year decline in revenue and profit in the first six months of its financial year, primarily due to the impact of new European Securities and Markets Authority (ESMA) regulations.

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    Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.

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    Catena Media has agreed to acquire Australian stock market news and analysis website TheBull.com.au

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    The Cyprus Securities and Exchange Commission has published a new circular aimed at making brokers increase the level of monitoring and supervision they exercise over their affiliates.

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    XLMedia has agreed a deal to acquire mobile performance marketing platform ClicksMob Inc.

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    IG Group has responded to the introduction of new advertising regulations by the French Autorité des marchés financiers (AMF) regulatory body, saying it does not believe such measures will have a negative impact on business.

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    Online trading platform FxPro has cancelled an initial public offering (IPO) amid plans by the UK’s Financial Conduct Authority (FCA) to introduce new measures within the spread-betting sector.

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    The German Federal Financial Supervisor Authority (BaFin) has put forward a set of proposed changes to the country’s laws regarding the sales of contract for difference (CFD).

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    Financial trading companies lost almost £2 billion (€2.3 billion/$2.5 billion) yesterday (Tuesday) after the Financial Conduct Authority (FCA) proposed rule changes for firms selling contract for difference (CFD) products to retail customers.

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    It's Diary time! This week: the different approaches to betting and gaming machines in the UK and Oz, doing business in the CIS, we loooooovvvvve our f*****g red trousers!!, DFS (big) ad bucks and %%FIRSTNAME%%: when mailshots make you feel so valued.

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    Gaming software and services supplier Playtech has completed its acquisition of online CFDs and binary options broker and platform provider TradeFX.

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    The UK Gambling Commission (UKGC) has issued a warning to consumers in the region over scams masquerading as binary options trading.

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    Financial betting in the UK could soon come under the remit of financial rather than gambling regulation under new government proposals.

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    Gaming software and services supplier Playtech has conditionally agreed to acquire a 91.1% stake in TradeFX, an online CFDs and binary options broker and platform provider.

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    British online gaming operator has received a letter of intent from an Asian investment group to the tune of $330m.