Daily news

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    Fantasy sports software provider Scout Gaming Group has named Terje Bolstad as group chief operating officer as it prepares for a period of significant expansion.

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    DraftKings has launched its mobile sportsbook in the West Virginia market, while the operator has also added NetEnt content to its igaming offering in New Jersey.

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    Social betting startup Wager has launched its peer-to-peer betting platform for players in the UK market.

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    Scout Gaming Group has launched player odds sportsbook, a new product that combines elements of daily fantasy sports contests with fixed odds betting elements, alongside a new promotional tool, Betflex.

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    Gauselmann Group’s Merkur Sportwetten subsidiary has begun its overhaul of the recently-acquired Polish betting and gaming business Totolotek, with a number of enhancements made across retail and digital channels.

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    The UK’s Advertising Standards Authority (ASA) has warned William Hill and Flutter Entertainment to refine how their advertising targeting strategies, after promotions for each operator appeared in an app seen as being of particular appeal to minors.

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    JPJ Group has entered into a conditional agreement to acquire the majority of its technology partner Gamesys’ assets for a total consideration of £490m (€549.8m/$620.9m).

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    Fantasy sports provider Scout Gaming Group has reported increased losses in the first quarter of the year, despite revenue more than doubling to SEK3.5m.

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    The Pennsylvania Gaming Control Board (PGCB) has revealed that the state has generated tax revenue of $3.4m (£2.7m/€3.0m) from its first full year of regulated fantasy sports contests.

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    Pennsylvania’s licensed fantasy sports operators have reported a slight improvement in revenue for March, following three consecutive months of decline, with revenue up $5,000 from February.

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    Strong growth in revenue failed to offset the impact of growing costs for Scientific Games in 2018, with the gaming solutions provider’s loss for the period growing to $352.4m (£269.3m/€310.1m). Revenue for the 12 months ended December 31, 2018 was up 9.1% year-on-year, with a marginal decline in gaming revenue - down 0.7% to $1.8bn - offset by strong growth in the social and digital divisions.

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    Igaming platform and software provider GAN has said that it expects revenue for 2018 to come in ahead of market expectations after the business was boosted by a strong performance in the second half of the year.

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    Social poker leader’s new products are paying off

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    KamaGames has reported a 63.5% year-on-year increase in revenue for the 12 month to December 31, 2017

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    Aristocrat Leisure has today (Wednesday) completed its previously announced acquisition of Big Fish Games from Churchill Downs Incorporated

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    Aristocrat Leisure has today (Thursday) entered a binding agreement to acquire social gaming company Big Fish Games for $990m (€833.9m)

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    PokerStars has opted to relaunch its ‘PokerStars Play’ social gaming service in select markets around the world.

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    Betfred has moved to expand its service offering into the social gaming sector by launching a new mobile application in partnership with Caleta Gaming.

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    Amaya-owned online gaming brand PokerStars has launched ‘Casino Rush’, a new mobile gaming application that offers free-to-play poker, casino and slots.

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    Zynga has said that despite a year-on-year fall in revenue in the three months to September 30, it performed above expectations in the quarter.

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