Daily news

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    Åland Islands-based Paf has joined forces with four other operators on a new initiative to strengthen their responsible gaming efforts in Latvia.

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    Online gaming affiliate Atemi has expanded its services into the US, Mexico and Portugal as it seeks to build on recent success and further increase its annual revenue.

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    London-listed lottery brokerage Zeal Network has retaken control of its former subsidiary Tipp24 and added the business to its German secondary lottery arm.

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    Online gambling operator MustardBet has ceased operations with immediate effect, but pledged to refund customer balances and settle all unsettled bets as soon as possible.

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    Australian lotteries and betting operator Tabcorp has appointed David Gallop, currently chief executive of Football Federation Australia, as a non-executive directo of the business.

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    Gambling operator Betsson AB has confirmed that it has sold its stake in Global Gaming. Betsson acquired the minor shareholding in June, but offloaded the stake a matter of weeks later.

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    GVC Holdings has forecast a 1% year-on-year drop in net gaming revenue for the three months to the end of September 2019, with the operator anticipating a double-digit decline in UK retail revenue following the cut in maximum B2 machine stakes.

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    Online gaming solutions provider Aspire Global has finalised its acquisition of B2B supplier Pariplay. Aspire Global has purchased 100% of the shares in GMS Entertainment Ltd, the owner of Pariplay, for €13.1m in cash.

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    The UK Government has published an eight-point checklist to help those working in the gambling industry prepare for a potential no-deal Brexit. The UK is due to leave the European Union on October 31, but an exit deal is yet to be agreed with the EU.

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    Problem gambling funding body GambleAware has appointed Peter Holt as its new chief financial officer. Holt most recently worked for Health Education England and also spent time with the NHS.

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    GVC Holdings-owned Ladbrokes Coral has appointed Bartle Bogle Hegarty (BBH) London as its new creative agency for the UK and Ireland. BBH also currently works with GVC’s bwin brand.

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    Rank Group, the parent company of Mecca Bingo and Grosvenor Casinos, has finalised its acquisition of online casino and bingo operator Stride Gaming. Stride Shares will cease trading on AIM at 7.00am on October 7.

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    Several former members of the board of Planetwin365 operator SKS365, as well as the owner of the investment fund which owns the operator, have received notice that they are set to be charged as suspects in Italy’s largest money-laundering investigation, Operation Galassia.

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    Åland Islands-based operator Paf has lowered its maximum annual loss limit from €30,000 to €25,000.

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    Board members at Flutter and The Stars Group further outlined the details of the synergies from the companies’ mega-merger, while also assuring stakeholders that the deal would pass any competition-related hurdles.

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    Flutter Entertainment, the parent company of Paddy Power Betfair, has agreed a deal to acquire all of the shares in The Stars Group and merge with the operator to form a combined business with annual revenue of £3.8bn (€4.3bn/$4.7bn).

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    Kindred Group has joined forces with Swedish community initiative, "NU: Nolla Utanförskapet" (End Exclusion), to develop and launch a new project aimed at helping socially vulnerable young adults in Stockholm.

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    Raketech Group has appointed Måns Svalborn as its new chief financial officer after Andreas Kovacs stepped aside from the role to take up the position as director of business development at the performance marketing specialist.

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    GamCare, the UK-facing gambling support charity funded by GambleAware, has announced that its National Gambling Helpline is to extend its hours and operate 24 hours a day from October 1.

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    GVC Holdings has today (30 September) launched the GVC Foundation, a new body that will execute its global corporate social responsibility (CSR) strategy, as well as announcing a host of new CSR projects.

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