Daily news

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    The European Commission has extended the standstill period in place for Germany’s revamped gambling legislation, while a number of stakeholders have flagged a range of concerns with the proposed regulatory framework.

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    The International Betting Integrity Association (IBIA) has announced Romanian retail and online gambling operator Superbet as its latest member.

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    An end-of-quarter exchange rate adjustment offset a further downgrade in H2 Gambling Capital’s 2020 forecast for the pandemic-hit global gambling sector this week.

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    Greek gaming operator OPAP said a shutdown of its retail network as a result of the novel coronavirus (Covid-19) pandemic led to a year-on-year decline in revenue and profit during the first quarter.

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    Baltic-facing operator Enlabs has reported a year-on-year increase in revenue for the first quarter, with growth across all major gaming segments.

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    European football’s governing body Uefa has called on all of its associations to complete their 2019-20 seasons despite the ongoing novel coronavirus (Covid-19) crisis.

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    William Hill has set out how it plans to grow into a “digitally led, internationally diverse business of scale”, with a focus on growing revenue, improving operational efficiency and scale, underpinned by a competitive customer offering and agile team.

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    Sports betting provider Kambi has put year-on-year revenue and profit growth in 2019 primarily down to its expansion into several new markets within the US.

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    Online gaming revenue generated by operators across the European Union (EU) in 2018 amounted to €22.2bn (£18.7bn/$24.6bn), with the market expected to grow to almost €30bn by 2022.

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    The UK Government has published an eight-point checklist to help those working in the gambling industry prepare for a potential no-deal Brexit. The UK is due to leave the European Union on October 31, but an exit deal is yet to be agreed with the EU.

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    Czech gaming and lottery giant Sazka Group has put forward an offer of €2.06bn (£1.85bn/$2.31bn) to gain full control of Greek gaming operator OPAP.

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    The Global Lottery Monitoring System (GLMS), the platform through which state lottery operators track suspicious betting activity, revealed that 198 alerts were generated in the first quarter of 2019, of which 33 were flagged to its partners.

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    Sports betting integrity monitoring body ESSA has rebranded as the International Betting Integrity Association. It has also revealed a sharp decline in suspicious betting alerts generated by tennis over the first quarter of 2019, with the total number of alerts across all sports down 26% year-on-year.

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    European regulatory authority Gaming Regulators European Forum (GREF) has appointed Jorn Starck, executive director of the Alderney Gambling Control Commission, as its new chairman.

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    The Danish delegation to the Council of Europe has called upon European Union member states to address contentious elements of the Convention on the Manipulation of Sports Competitions to ensure it can be implemented across the bloc.

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    The Council of Europe’s (CoE) Convention on the Manipulation of Sports Competitions, also known as the Macolin Convention, is finally set to enter into force from September 1, though concerns remain over its definition of illegal sports betting.

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    Codere has again cited the devaluation of the Argentine Peso as the main reason behind a year-on-year decline in revenue during the first quarter, despite seeing growth across its Mexican, Italian, Spanish and online operations.

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    Happy Friday igamers! This week we take a leaf out of William Hill's books, hear why operators are disgruntled about Sweden and ponder the prospects of another lottery innovator Down Under

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    London-listed Sportech has described 2018 as a challenging year for the business, which resulted in revenue declining 3.9%, though highlighted the success of cost control efforts that helped the business cut losses for the period.

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    International Game Technology (IGT) has reported a 2.2% year-on-year decline in revenue for 2018, though a reduction in operating costs and foreign exchange gains helped the supplier cut its full-year loss to $21m (£16.0m/€18.7m).

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