Daily news

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    International Game Technology (IGT) has reported a marginal year-on-year decline in revenue for the six months to 30 June, 2019, which resulted in a drop in service revenue over the reporting period.

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    The Brazilian Ministry of the Economy has launched a month-long public consultation on sports betting regulation as it works to develop a legal framework for the vertical. Interested parties have until 31 August to submit comments.

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    Betdaq has rolled out a new fixed-odds sportsbook to support its exchange and online casino offering. Features include a shared Betdaq wallet, full and partial cash out, live streaming and in-play betting.

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    The New Zealand government has launched a public consultation to gauge public support for regulating new forms of online gambling. Members of the public and industry stakeholders are invited to submit comment on four potential regulatory models, as well as harm prevention measures, by September 30.

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    The GB Gambling Commission has handed Ladbrokes Coral a penalty package of £5.9m (€6.4m/$7.2m) for systematic failings related to social responsibility and anti-money laundering measures, while investigations into the actions of personal management licence-holders continue.

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    Operators looking to secure a sports betting licence for the federal German market must commit to cease offering all illegal forms of gambling, such as online casino, according to a new directive from the body responsible for processing applications.

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    Sports betting solutions provider FSB Technology has secured a £23m growth capital investment from Canadian venture capital fund Clairvest Group, with the money to be used to pursue growth opportunities in regulated markets.

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    France’s online gaming market has reported a 20.1% year-on-year increase in revenue for the first half of 2019, after the sports betting vertical grew strongly over the period.

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    Gaming Innovation Group (GiG) has brought in Chris Armes as its new chief information officer, as well as making a number of internal promotions to bolster its technology team.

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    The New South Wales (NSW) Government has set out plans to conduct a study into the effectiveness of existing responsible gambling measures in the Australian state and consider ways to better protect consumers from gambling-related harm.

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    Digital marketing services provider XLMedia has appointed Stuart Simms, currently of Rakuten Marketing, as its new chief executive. Simms will take on his new role on October 2.

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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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    Betclic Everest Group’s central Europe-facing subsidiary bet-at-home has reported a year-on-year increase in net gaming revenue for the first half of 2019, with reduced marketing expenses boosting pre-tax earnings for the period.

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    Stockholm-listed gambling operator LeoVegas has named Dersim Sylwan, previously of the Kindred Group, as its new chief marketing officer.

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    Pentasia’s 2019 edition of its Ambitions survey reveals that new technology and markets are key motivations for candidates seeking pastures new in the igaming industry, while learning beats earning for a majority of respondents.

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    iGaming solutions giant Playtech has revealed that its Playtech BGT Sports (PBS) omni-channel sports betting business processed a record number of bets during this year’s Wimbledon tennis championships.

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    The Administrative Court of Linköping in Sweden has overturned the country’s gaming regulator Spelinspektionen’s decision to award four igaming operators one-year licences for the market.

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    French gaming operator La Française des Jeux (FDJ) has reported a 5.5% year-on-year increase in revenue for the first half of the year, with chief executive Stéphane Pallez crediting the FDJ 2020 digital transformation strategy as driving growth.

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    Sports betting solutions provider Kambi has reported a 25.3% year-on-year increase in revenue for the first six months of 2019, with the business boosted by its customers launching in Pennsylvania’s online wagering market.

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    French gaming giant La Française des Jeux (FDJ) has launched V13 Invest, a new €30m (£27.0m/$33.5m) fund that will allow it to take stakes in new startups that can enhance its business processes.

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