Daily news

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    Fantasy sports software provider Scout Gaming Group has named Terje Bolstad as group chief operating officer as it prepares for a period of significant expansion.

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    Raketech saw revenue for the third quarter of 2019 decline 15.1% to €6.0m, while costs increased, as the affiliate marketing business' profits continued to suffer from the effects of Swedish re-regulation.

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    Troubled operator Global Gaming reported an operating loss of almost SEK40m (€3.7m/$4.1m) during the third quarter of 2019 as it paid the price for its licence being revoked in Sweden, its main market.

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    Mississippi’s sports betting market has enjoyed its strongest month since launch by far, with revenue hitting $12.3m in October. 

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    William Hill has put a year-on-year increase in revenue during the 17 weeks to October 29 to its ongoing expansion efforts in the US, with its activity in the country helping to offset further declines in its retail business following the changes in UK FOBT regulations.

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    France’s Agence des participations de l’État (APE) has hailed the success of the initial public offering of gaming giant La Française des Jeux (FDJ), which could generate proceeds of €1.89bn for the state.

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    Swiss gambling regulator the Eidgenössische Spielbankenkommission (ESBK) has granted online gambling licences to two land-based casinos in Bern and Interloken.

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    Significant declines in web-based turnover led to revenue of $6.7m for Newgioco in the third quarter of 2019, a 14.7% decline, though the company narrowed its net loss for the period.

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    Gambling operator Codere has altered its financial results for the first half of the year after an investigation into accounting inaccuracies uncovered a number of errors with the reporting for its Mexico, Colombia and Panama operations.

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    Australia’s Aristocrat Leisure has reported a 22.7% year-on-year increase in revenue for the 12 months to 30 September, to AUD$4.40bn on a statutory basis.

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    Six potential bills to regulate gambling, plus two draft amendments to tax and budget laws around gambling and one change to rules about illegal gambling, have been submitted to the Ukranian Parliament.

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    Affiliate marketing provider Gambling.com Group has reported a loss of €57,000 for the third quarter, despite experiencing a 2% year-on-year increase in revenue during the period.

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    The New South Wales (NSW) Office of Responsible Gambling has set out details of a new funding opportunity for PhD scholarships, post-doctoral fellowships and study grants to build capability and capacity in gambling research.

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    The UK Advertising Standards Authority (ASA) has cleared Gauselmann-owned Merkur Cashino of targeting children with its advertising, after a £5 free-play offer on the back of a bus ticket prompted a complaint against the operator.

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    A bill to impose a new 5% tax on the annual gross income of Philippines Offshore Gaming Operators (POGOs) has moved a step towards passing into law, after it was passed by the House Ways and Means Committee.

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    Wondr Gaming, an esports acquisition fund founded by media executives Mike Cotton and Jon Dwyer, has acquired esports artificial intelligence integration specialist Rival.ai.

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    Lottery betting operator Lottoland and Addison Global-owned sports betting brand MoPlay have signed deals with Rightlander in order to enhance their affiliate compliance and responsible gambling measures.

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    Genius Sports has entered a live streaming and data platform partnership with the Dutch Basketball League. Genius will provide the league with its GeniusLive automated streaming and production service.

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    Florida Senator Jeff Brandes submitted three bills in the state senate to regulate sports betting in Florida on Monday (18 November).

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    The Australian Communications and Media Authority (ACMA) has announced that Emu Casino and Fair Go Casino will be the first offshore gambling websites to be blocked by internet service providers (ISPs) in the country, as part of a new clampdown on illegal activities.

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