Daily news

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    Stockholm-listed NetEnt has opted to fully integrate slot developer Red Tiger into its business, and is to accelerate the payment of the earn-out attached to the acquisition to facilitate this process.

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    A meeting of Germany’s heads of state in Berlin saw lawmakers approve gambling regulations to legalise online poker and casino from 1 July, 2021, as well as deciding on the location of the country’s new regulatory authority.

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    Åland Islands-based gaming operator Paf has struck a deal to acquire gaming operator Mandalorian Technologies for an undisclosed sum.

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    Sweden’s AB Trav och Galopp (ATG) posted the highest full-year revenue in the company’s history in 2019, though a decline in its core racing vertical and Sweden’s new gaming taxes hit operating profit for the year.

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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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    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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    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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    Churchill Downs Incorporated (CDI) has announced the launch of a BetAmerica-branded online casino platform in the state of Pennsylvania.

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    Schleswig-Holstein claims that Germany’s 16 federal states have made a breakthrough in negotiations over a new State Treaty on Gambling, describing the agreed model as a “really good result” for all jurisdictions.

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    iGaming operator ComeOn will be known as ComeOn Group going forward, to better reflect the business’ activities across a range of brands and markets.

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    Michigan Governor Gretchen Whitmer has ratified bills to legalize sports betting and online gaming in the state, paving the way for a 2020 roll-out. 

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    Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino benefitted from a leap in table games stakes.

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    iGaming solutions provider EveryMatrix has agreed a deal to launch its CasinoEngine content aggregation platform for Flutter Entertainment in a number of key regulated markets.

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    William Hill is to launch its Mr Green brand in the Latvian igaming market, with Gaming Innovation Group (GiG) to provide the software platform for the roll-out.

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    A year of negotiations look set to conclude with bills to legalise online gaming and sports betting passing into law in Michigan, after the Senate passed Representative Brandt Iden’s proposals by significant margins. 

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    The District Court for Prague 1 has ruled in favour of the Czech Republic government in a long-running legal battle with land-based casino operator Casino Kartáč over online roulette. This had seen the operator look to recoup CZK6.9bn in estimated lost revenue, after a 2006 request to launch online games was rejected.

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    Penn National Gaming has selected Malta-based supplier White Hat Gaming to provide a player account management platform as it prepares to launch real-money betting in multiple states across the US.

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    Spain’s regulated online gaming market has reported a 5.4% year-on-year increase in gross gaming revenue for the third quarter of 2019, with the growth of online casino again supported by the recovery of the sports betting vertical.

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    The gambling industry in Spain produced €7.77bn in gross gaming revenue (GGR) in 2018 with the online sector rising 22.5% to bring in GGR of €812.0m, according to new figures published by the Dirección General de Ordenación del Juego (DGOJ), the country’s gambling regulator.

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