Daily news

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    Finnish gambling monopoly Veikkaus has decided to extend the shut-down of its arcades and slot machines hosted in retail outlets prompted by the novel coronavirus (Covid-19) pandemic indefinitely.

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    Standards body the Betting and Gaming Council (BGC) has published a new ten-point action plan to ensure its members keep customers safe during the novel coronavirus (Covid-19) crisis.

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    Stockholm-listed NetEnt has opted to fully integrate slot developer Red Tiger into its business, and is to accelerate the payment of the earn-out attached to the acquisition to facilitate this process.

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    International Game Technology (IGT) has appointed Massimiliano Chiara as its new chief financial officer and executive vice president with effect from 6 April.

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    Australian Prime Minister Scott Morrison has ordered casinos in the country to close in order to slow the spread of novel coronavirus (Covid-19).

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    Sweden-facing operator Svenska Spel has announced that it will make a further SEK5m (£412,970/€444,748/$481,213) in grants available this year to research projects focused on gambling addiction.

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    A meeting of Germany’s heads of state in Berlin saw lawmakers approve gambling regulations to legalise online poker and casino from 1 July, 2021, as well as deciding on the location of the country’s new regulatory authority.

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    Inspired Entertainment has announced an increased net loss for 2019, as increased revenue from its server-based gaming and hardware divisions was offset by rising operating costs.

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    The Swedish Gaming Authority (Spelinspektionen) has revealed that licensed operators in the country generated revenue of SEK24.8bn (£2.03bn/€2.34bn/$2.62bn) in 2019.

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    Gaming technology supplier AGS cut its losses in half for 2019, as revenue increased 6.8% to $304.7m with the help of a profitable fourth quarter.

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    Latvian gambling regulator the Lotteries and Gambling Supervisory Inspection (IAUI) has reported a 10.5% year-on-year increase in gross gambling revenue for 2019, due in part to significant growth within the igaming sector.

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    International Game Technology (IGT) has announced a lower net loss in 2019, despite reporting a year-on-year decline in consolidated revenue for the year.