Daily news

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    International Game Technology (IGT) has reported a marginal decline in revenue to $1.15bn for the third quarter of 2016, 0.3% below last year’s figure, but profit increased more than four-fold, as foreign exchange gains more than offset higher operating costs.

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    UK National Lottery operator Camelot has announced ticket sales of £3.92bn for the first six months of its financial year, a 13.5% increase from 2018.

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    Online lottery brokerage Zeal Network has warned that full-year revenue and earnings are likely to fall significantly from the prior year, following its acquisition of Lotto24 and the pivot of its Tipp24 business from lottery betting to brokerage.

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    Latvian gambling regulator the Lotteries and Gambling Supervisory Inspection (IAUI) has issued a warning to consumers in the country over fake lotteries and online fraud, advising them to fully research the operator before purchasing tickets.

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    Lottery platform provider 500.com’s revenues fell 67.6% to RMB9.8m for the third quarter of 2019 as migration to a new website in Sweden and the cessation of sports information services in China had a major impact the business' balance sheet.

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    The current licence terms for the Irish National Lottery are limiting the amount of funds raised for good causes in the country, with a new report by Dublin City University suggesting that up to €43m (£36.9m/$47.4m) is being lost.

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    The GB Gambling Commission has warned organisations running charity lottery games over the Christmas period to ensure they are operating lawfully in order to avoid any potential legal action.

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    The Malawi Gaming Board is preparing to launch a request for proposals (RFP) process to award additional sports betting, casino and wide area progressive licences in the country.

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    Norway-based lottery solutions provider Next Generation Lotteries (NGL) has acquired Novomatic Lottery Solutions (NLS), a subsidiary of the Austrian gaming giant, for an undisclosed sum.

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    Proposals by Brazil’s national bank, Caixa Econômica Federal (CAIXA), to apply a series of price rises across its lottery products have been approved by the Secretariat of Evaluation, Planning, Energy and Lottery (SECAP).

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    Canadian provincial lottery operator Loto-Québec has reported a 1.53% year-on-year increase in revenue for the first half of 2019, despite seeing a decline within its draw-based games business.

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    Casino operator Twin River Worldwide Holdings has enlisted Scientific Games to support its bid to take over the Rhode Island lottery contract currently held by IGT.

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    Brazil’s Investment Partnership Programme (PPI) has awarded a consortium comprising International Game Technology and Scientific Games the tender to operate the state-owned instant win gaming business Loteria Exclusiva Instantânea (Lotex).

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    The Belgian National Lottery (Loterie Nationale) has joined forces with instant win games provider IWG to enhance its online gambling offering and drive the next stage of its digital growth strategy.

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    Camelot UK Lotteries, operator of the UK’s National Lottery, has confirmed that it has stopped selling £10 category scratchcards as part of an effort to tackle problem gambling.

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    Legal mobile wagering is now available in Oregon, after the state lottery rolled out its SBTech-powered sportsbook offering Scoreboard.

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    London-listed lottery brokerage Zeal Network has retaken control of its former subsidiary Tipp24 and added the business to its German secondary lottery arm.

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    Atlantic Lottery reported a net profit of CAD$422.2m, up 0.7% year-on-year and ahead of the company’s target of CAD$419.4m for the fiscal year ending 31 March, 2019, thanks to a high level of rollover MaxMillions jackpots.

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    More than 40% of Welsh students aged 11-16 said they gambled in the last year, though activity was predominantly centred around fruit machines and the National Lottery, according to a new study from Cardiff University.

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    A new survey conducted by Thailand's Centre for Gambling Studies and Centre for Social and Business Development has revealed that as much as 57% of the country's citizens have gambled during the past year.

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