Daily news

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    888 Holdings has appointed Yariv Dafna as its new chief financial officer, replacing Aviad Kobrine, who announced his departure in January.

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    H2 Gambling Capital downgraded its annual expectations for the global gambling sector by a further $780m to $356.9bn this week.

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    H2 Gambling Capital upgraded online gambling’s share of expected 2020 global gross win to 17.4% this week, with this expected to edge past 18% in the not-too-distant future.

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    Live dealer market leader Evolution Gaming has reported strong growth in the first half of 2020, with profit for the period almost doubling.

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    The Japanese Racing Association's Q2 results coming in ahead of pre-Covid expectations saw a stabilisation in H2 Gambling Capital’s 2020 forecast this week.

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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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    H2 Gambling Capital saw the first gain in its 2020 gross gambling win forecasts this week since it started tracking the impact of the pandemic on the sector five months ago.

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    New obstacles to recovery in the Asia-Oceania region erased hopes of a stabilisation of H2 Gambling Capital’s forecasts for the global gambling sector this week

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    Global mobile payment and mobile identity company, Boku, has conditionally agreed to the acquisition of Estonia-based Fortumo Holdings and its subsidiaries in a deal with a maximum value of $41 million.

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    H2 Gambling Capital's tracking of the cumulative impact of the pandemic on the global gambling sector has seen the biggest absolute fall in FY expectations for five weeks.

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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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    H2 Gambling Capital has provided the biggest downgrade to its annual outlook for the global gambling sector in three weeks as reopenings in Asia fell short of expectations

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    News of significant reopenings and sporting restarts in June saw a slight rebound in H2 Gambling Capital’s expectations for the European and Asian markets in 2020.

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    H2 Gambling Capital has downgraded its gross win forecast for the global gambling sector by just $1bn this week, taking the total decline below pre-outbreak expectations to 21.7%.

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    H2 Gambling Capital has downgraded its 2020 expectations for global gambling gross win to $375.9bn, nearly $100bn or 20.6% below its pre-outbreak forecast

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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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    H2 Gambling Capital has further downgraded its GGR forecast for the global gambling sector as the novel coronavirus (Covid-19) outbreak continues to negatively impact revenues and outlook.

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    Betsson chief executive Pontus Lindwall described the operator’s first quarter performance as “strong in all areas” after it reported year-on-year revenue growth and achieved a hat-trick of key milestones in the period.

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    H2 Gambling Capital has downgraded its 2020 revenue forecast for the sector to 13.6% following the US’ extension of social distancing measures to the end of April

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    Finnish state-owned gambling operator Veikkaus has reported a year-on-year decline in both gross gaming revenue and profit for 2019, due in part to new social responsiblity measures implemented  restrictions it imposed to protect customers gambling online.

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