Daily news

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    Rhode Island’s legal sports betting market generated $18.7m in revenue during the state’s 2019-20 financial year, despite the final four months of the period being impacted by the novel coronavirus (Covid-19) pandemic.

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    The Colorado Department of Revenue has reported a month-on-month rise in sports wagering revenue in June, while player spending on betting also increased by 48.8%.

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    Esports betting operator Luckbox expects to receive final approval for its listing on Toronto’s TSX Venture Exchange (TSXV) by October, and has set out an expansion roadmap that will see it grow its management team and launch a B2B arm.

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    The recently launched Emirates Loto has paused its operations to undergo upgrades to its platform, just three months after its first official draw in April this year.

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    Macau casino operator SJM Holdings has admitted that gross gaming revenue, as well as non-gaming amenities will be negatively affected by novel coronavirus “for an indefinite period”, after reporting an HK$1.41bn loss for the first half of 2020.

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    Sports betting and igaming operator and supplier Newgioco aims to raise net proceeds of at least $9.2m through a share offering in order to repay outstanding debts as well as to accumulate working capital and or general corporate purposes.

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    Esports betting operator Esports Entertainment Group has appointed Jeff Cohen as its new vice president strategic planning and investor relations.

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    The Massachusetts legislature has amended sports wagering bill put forward last week, adding provisions to legalize online lotteries, but doubling the tax rate for online betting.

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    DraftKings has expanded its partnership with the PGA Tour to become the first official betting operator for the golf tournament organiser.

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    Austria’s Financial Police have carried out a total of 278 inspections on suspected black market gambling venues since January, resulting in the confiscation of over 660 gaming machines. Over half of the seized machines were found in the nation’s capital, Vienna.

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    The New South Wales Independent Liquor & Gaming Authority (ILGA) has put in place a number of temporary measures for gaming machines in an effort to help venues in the Australian state impacted by the novel coronavirus (Covid-19) pandemic.

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    Exchange operator Smarkets has launched in Sweden, having received a betting licence from the country’s Gaming Authority (Spelinspelktionen) in April.

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    Sports data and content provider Sportradar has signed an expanded agreement with Badminton Europe (BEC), the sport’s governing body on the continent.

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    German betting and gaming operator Tipico has entered into a new partnership with NetEnt, as it continues preparations for its launch in New Jersey.

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    South Korean social gaming operator DoubleU Games saw revenue for the first half of 2020 rise 27.6% year-on-year to KRW326.2bn (£211.6m/€232.3m/$271.9m), aided by the sixth consecutive quarter of growth from DoubleDown Interactive.

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    Spanish online gaming association JDigital has appointed Andrea Vota as its first chief executive after a change in the organisation’s structure that also sees Bet365, Betway and Codere join its board of directors.

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    Online sports betting operator PointsBet has reported a 190.9% year-on-year rise in net revenue during its 2020 financial year, aided by strong growth from its core Australian operations.

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    Experience marketing agency A Game Above has linked up with Beanstalk, the company behind self-exclusion system Gamban, for a joint venture to launch a new solution designed to help regulators and governments clamp down on illegal gambling.

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    The International Betting Integrity Association (IBIA) has called for online in-play betting in Australia, claiming the lack of legal live wagering contributes to "stubbornly high" levels of offshore activity.

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    Industry giant Playtech announced today (27 July) it has extended its partnership with Fortuna in the Czech Republic, through the launch of end-user versions of its native casino app in the jurisdiction.

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