Daily news

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    Increased B2C revenue resulting from Playtech’s 2018 acquisition of Italy’s Snaitech offset a decline in B2B revenue for the gaming solutions giant in H1, though the deal also resulted in increased depreciation and amortisation, and financial costs, which hit profits.

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    Norway’s Ministry of Finance has given its backing to a proposal from Lotteritilsynet, the national lottery authority, to make lottery and organisers of bingo tournament exempt from new anti-money laundering regulations.

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    GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.

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    Australia’s Tabcorp has reported revenue of AUD$5.5bn (£3.08bn/€3.32bn/$3.71bn) for its financial year ended 30 June, 2019, strong growth in lottery revenue offsetting a decline in revenue from its Wagering & Media division over the year.

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    Online bingo and casino operator JPJ Group has reported a 14% year-on-year increase in revenue during the first half, with the strong organic growth of its Vera&John business offsetting a decline in revenue from the Jackpotjoy division.

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    Portugal’s regulated online gambling market has broken its revenue record for the second consecutive quarter, with licenced operators generating a collective total of €48.3m (£44.0m/$53.3m) in the three months to June 30.

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    Online gaming software provider Pragmatic Play has secured a new Recognition Notice from the Malta Gaming Authority (MGA), enabling it to extend its service offering.

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    Land-based operator Casino 36 has agreed a £300,000 penalty package with the GB Gambling Commission for money laundering and social responsibility failures, the regulator has announced.

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    Norwegian state-owned gambling operator Norsk Tipping has again tightened its responsible gambling controls, with players now shown an overview of their playing habits when they log into their online accounts.

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    The Remote Gambling Association (RGA) and Association of British Bookmakers (ABB) are to be wound up and replaced by the Betting and Gaming Council, a new UK-facing operator body that aims to act as the industry’s mouthpiece. British Beer & Pub Association chief executive Brigid Simmonds will lead the new body.

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    The Argentine capital province of Buenos Aires has launched the process to select seven online gaming licensees, with 14 operators competing for certification in the market.

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    Gaming platform and services provider Nektan has rolled out a new mobile-first bingo product across its network of white label casino sites.

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    The GB Gambling Commission has revealed that despite issuing a record £19.6m in penalty packages during 2018-19, it intends to step up its effort to clamp down on illegal and irresponsible operations as it seeks to better protect consumers.

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    A trio of new international operators have joined the race for one of Buenos Aires’ seven provincial igaming licences, with the registration window for the process expiring tomorrow (June 25).

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    Canadian provincial lottery operator Loto-Québec has reported a 3.1% year-on-year increase in revenue to CAD$2.83bn (£1.68bn/€1.89bn/US$2.12bn) for its 2018-19 financial year, with the contribution from its igaming offering growing to $105.4m.

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    JPJ Group has entered into a conditional agreement to acquire the majority of its technology partner Gamesys’ assets for a total consideration of £490m (€549.8m/$620.9m).

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    The number of operators battling for one of the Argentine capital province’s seven igaming licences continues to grow, with Spanish operator Luckia the latest to enter the fray.

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    Revenue from regulated gambling in the Czech Republic fell 21.3% in 2018 to CZK31.3bn (£1.1bn/€1.2bn/$1.4bn), with the decline down to a lower contribution from slot machines.

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    TV Global Enterprises, operator of the Latin America-facing betting and gaming brand BetCris, has become the latest operator to join the race for one of Buenos Aires province’s seven igaming licences.

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    A trio of international gaming operators have entered the race to secure online gambling licences in Argentina’s capital province of Buenos Aires. There are now 10 companies competing to secure one of seven operating licences.

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