Daily news

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    The German association of private media businesses, Vaunet, has called on state lawmakers to remove advertising restrictions set to impact broadcasters in the new gambling regulatory framework currently under discussion.

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    Global Gaming has seen revenue slashed and the business incur losses after a tumultuous 2019 that saw the operator lose its Swedish licence, but chief executive Tobias Fagerlund believes the business can turn things around in the long term.

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    DraftKings has extended its digital sports betting reach into Iowa by rolling out a mobile sportsbook offering, in partnership with Wild Rose Casinos and Resorts in the state.

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    The Pennsylvania Gaming Control Board (PGCB) has reported a 16.9% year-on-year rise in gambling revenue for January, aided by growing contributions from igaming and sports betting. 

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    Ahead of a meeting of German lawmakers in Nordrhein-Westphalen today (19 February), the European Gaming and Betting Association (EGBA) has proposed a series of changes to ensure a successful re-regulation of the country’s igaming market.

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    The UK Tote Group, the consortium of racecourse owners formerly known as Alizeti, has launched a new website for UK pool betting service the Tote.

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    Affiliate marketing giant Better Collective has reported a 66.6% year-on-year increase in revenue for 2019, aided by a record-breaking fourth quarter performance.

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    Brazil’s Secretariat of Evaluation, Planning, Energy and Lottery (SECAP) has launched a third consultation on fixed-odds sports betting, heralding a major shift in its approach to regulation of the market and all but certainly delaying the launch of legal sports betting in the country.

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    The British Gambling Commission has taken the decision to temporarily suspend the operating licence of Triplebet - the parent company of exchange betting operator Matchbook - following a two-year review of the business.

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    Denmark’s regulated gambling market reported declines in gross gaming revenue across a number of core verticals, though a strong performance from the online casino vertical allowed the market to post year-on-year growth for 2019.

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    William Hill has announced that Adrian Marsh will join the business as the company’s new chief financial officer later this year, replacing the outgoing Ruth Prior in the role.

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    The Gambling Related Harm All Party Parliamentary Group (APPG) claims that it has secured a significant victory after Gambling Commission chief executive Neil McArthur confirmed that changes to online slot stakes were to be considered.

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    Toronto-listed supplier Bragg Gaming Group expects full-year revenue to come in at the high end of market expectations, allowing it to post positive earnings before interest, tax, deprecation and amortisation (EBITDA) for the first time.

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    French gaming giant La Française des Jeux (FDJ) has projected 5% growth in both player stakes and revenue for 2020, after a “landmark” 2019 that saw the operator list on the Euronext Paris and net revenue rise to €1.96bn.

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    Betsson has reported year-on-year declines in full-year revenue and profit for 2019, after a year in which the company struggled with regulatory developments in key markets - Sweden especially - ended with a weaker-than-expected Q4.

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    The Philippine Amusement and Gaming Corporation (PAGCOR) has reported an 11.7% year-on-year increase in gaming revenue for 2019, resulting in its total tax and corporate social responsibility contribution for the year rising above PHP56bn for the year.

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    Members of the German operator body the Deutscher Sportwettenverband (DSWV) have recommended the federal states remove the need for sports betting licensees to shut down their online casino offerings until the new State Treaty comes into effect.

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    Las Vegas-based sports betting brand Circa Sports has joined forces with casino operator Century Casinos to launch online sports wagering services in the state of Colorado.

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    Former Labour Deputy Leader Tom Watson painted an optimistic picture of the industry’s future in his keynote speech at ICE London, provided operators and executives were prepared to engage and compromise when it came to new controls and restrictions.

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    Consumers in New Hampshire bet a total of $17.3m on sports during the first full month of legal wagering in the US state.

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