Daily news

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    Swedish gaming operator Svenska Spel has reported a 5.9% decline in net gaming revenue for the first quarter of 2019, with growth in the new Sport & Casino igaming division offset by struggles in its lottery and land-based gaming units.

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    Sweden’s newly regulated igaming market has generated total turnover of SEK3.29bn (£271.3m/€313.8m/$352.8m) in the first quarter of the year, with former horse racing monopoly AB Trav och Galopp (ATG) dominating the channel. Svenska Spel Sport & Casino and ATG accounted for 50% of online market turnover over the three month period.

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    The UK Gambling Commission has set out its business plan for 2019-20, with a continued focus on protecting consumers, preventing gambling-related harm and raising overall standards in the industry.

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    Bookmaker Betfred will not face any action over a television ad that attracted a consumer complaint after the UK’s Advertising Standards Agency (ASA) ruled that it did not breach its guidelines.

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    Aspers, Caesars, Genting, Playtech and the Rank Group have all signed up as new partners of UK-facing responsible gambling body the Senet Group.

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    New Zealand’s Advertising Standards Authority (ASA) has published a new code for gambling adverts in the country, with a focus on protecting children, young people and other vulnerable people from gambling-related harm.

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    The Rank Group has confirmed Alan Morgan will leave his role as managing director retail on July 31 this year in order to pursue other opportunities. Chief executive John O'Reilly will assume Morgan’s responsibilities upon his departure.

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    London-listed bingo operator Stride Gaming expects net gaming revenue for the six months to February 28, 2018, to be 5% lower than in the previous year due to fiscal and regulatory changes in its core UK market during the period.

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    The Czech Republic’s Ministry of Finance has announced plans to increase gambling taxes in the country, with bingo, live games and lotteries set to be the hardest hit.

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    State-owned gaming operator Svenska Spel’s lottery and gaming machine division has generated turnover of SEK906m (£74.6m/€86.9m/$97.6m) in the first two months of activity in Sweden’s newly regulated online gaming market.

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    International Game Technology (IGT) has launched a new bingo gaming platform with Canadian provincial lottery operator Manitoba Liquor & Lotteries (MBLL). The platform features live session bingo games along with a customised, 10-game content bundle.

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    More than 30,000 people have now signed up to the Spelpaus.se Swedish self-exclusion programme, according to national gambling regulator Spelinspektionen.

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    The UK Gambling Commission has renamed its Responsible Gambling Strategy Board (RGSB) as the Advisory Board for Safer Gambling (ABSG) to help reflect a sharper focus on safer gambling.

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    The Responsible Gambling Strategy Board (RGSB) has said that the 2016-19 National Responsible Gambling Strategy achieved a number of key milestones, but ultimately failed to make as much progress as hoped in tackling gambling-related harm in Great Britain.

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    The Nevada Gaming Control Board has reported an 11.5% year-on-year rise in sports betting handle for February, though the state also saw gaming revenue across all verticals decline marginally for the month.

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    Sweden’s leading gambling trade associations Spelbranschens Riksförbund (SPER) and Branschföreningen för Onlinespel (BOS) have set out a new code of conduct for members to tackle concerns over excessive advertising in the newly-regulated market.

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    Digital performance marketing solutions provider XLMedia has reported a 14.4% decrease in revenue for 2018, which it attributed to a number of regulatory issues impacting performance over the year.

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    888 Holdings has promoted senior vice president and head of human resources Naama Kushnir to the role of chief operating officer. Kushnir takes on the role to replace Itai Pazner, who was named chief executive of the operator in January 2019.

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    The Republic of Ireland Government has set out plans to form a new gambling regulatory authority with the power to issue licences and fines to operators active in the country’s market.

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    London-listed online bingo and casino operator JPJ Group has credited efforts to diversify its geographic footprint with helping the business report record revenue and earnings in 2018. Revenue for the year ended December 31, 2018 was up 10% year-on-year at £319.6m (€373.5m/$424.0m), the highest full-year figure since the business was formed in 2014.

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