Daily news

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    Casino games supplier NetEnt has reported a 2.8% decline in revenue for the first quarter of 2019, with lower volumes in the newly regulated Swedish market blamed for the decline.

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    Marketing platform provider First Look Games has formed a strategic partnership with iGaming Business, the publishing division of igaming events giant Clarion Gaming, to help increase exposure for games developers.

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    Sweden’s newly regulated igaming market has generated total turnover of SEK3.29bn (£271.3m/€313.8m/$352.8m) in the first quarter of the year, with former horse racing monopoly AB Trav och Galopp (ATG) dominating the channel. Svenska Spel Sport & Casino and ATG accounted for 50% of online market turnover over the three month period.

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    Online gaming will go live in Pennsylvania from July 15, while the state’s first online sports betting offering set to launch within three weeks, the state’s Gaming Control Board (PGCB) has revealed.

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    Onisac Limited, a subsidiary of Gibraltar-based Mansion Group, has been hit with a €450,000 (£388,078/$507,942) fine by Dutch gaming regulator Kansspelautoriteit (KSA) for illegally targeting consumers in the Netherlands.

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    Sweden’s former gambling monopoly Svenska Spel is to stop advertising its online casino offering  for the rest of 2019, over concerns that the vertical could lead to significant increases in problem gambling in the market.

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    State-owned gaming operator Svenska Spel’s lottery and gaming machine division has generated turnover of SEK906m (£74.6m/€86.9m/$97.6m) in the first two months of activity in Sweden’s newly regulated online gaming market.

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    The Nevada Gaming Control Board has reported an 11.5% year-on-year rise in sports betting handle for February, though the state also saw gaming revenue across all verticals decline marginally for the month.

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    West Virginia Governor Jim Justice appears to have let a bill allowing the state’s land-based casinos to launch online gaming to pass into law without signing the legislation.

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    Virginia Governor Ralph Northam has signed into law a bill that paves the way for land-based casino gaming, as well as providing a route to law for igaming and sports betting in the state.

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    The US Department of Justice (DoJ) has filed a motion to dismiss the complaints filed against its revised stance on the Wire Act on behalf of the New Hampshire Lottery Corporation and NeoPollard Interactive.

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    London-listed online bingo and casino operator JPJ Group has credited efforts to diversify its geographic footprint with helping the business report record revenue and earnings in 2018. Revenue for the year ended December 31, 2018 was up 10% year-on-year at £319.6m (€373.5m/$424.0m), the highest full-year figure since the business was formed in 2014.

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    The New Jersey Division of Gaming Enforcement (DGE) has reported a 25.6% year-on-year increase in gaming revenue in February, though the contributions from igaming and sports betting fell sequentially.

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    Sweden’s gambling regulator Spelinspektionen has revealed that a total of 116 licences have been awarded for the country’s re-regulated gaming market, with more than half covering online casino. 

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    West Virginia is just one step away from becoming the fifth state to legalise online gambling, with a bill currently awaiting Governor Jim Justice’s signature. House Bill 2934, which was introduced by Delegate Jason Barrett on February 12, has been passed by both chambers of the West Virginia legislature, gaining final approval on the last day of the 2019 regular session.

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    Lawmakers in the Michigan Senate and House of Representatives have launched new bids to legalise online gaming in the state, following the eleventh-hour veto of legislation by former Governor Rick Snyder in late 2018.

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    The strong performance of the sports betting and casino verticals helped Spanish online gaming revenue grow 25.5% year-on-year in 2018.

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    Minnesota’s Senate Tax Committee will this week discuss a new bill that would legalise online, mobile and in-person sports wagering in the state.

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    Ninja Casino operator Global Gaming has reported a 100.0% increase in revenue for 2018, despite admitting that it had missed its internal revenue and earnings targets in the fourth quarter of the year.

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    Swedish operator Betsson has hired new product directors for gaming and sports as it continues to overhaul its management team. Cíara Nic Liam has been poached from William Hill, where she served as head of gaming, to serve as Betsson’s new gaming product director, while former Svenska Spel executive Joakim Thor will oversee the operator’s sportsbook as sports product director.

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