Swedish state-owned gaming business Svenska Spel has seen profits hit by increased regulatory costs in the first half of the year, though the operator noted that customer growth and revenue had recovered during the second quarter.
Betsson has reported a 5% year-on-year decline in revenue for the second quarter of 2019, which it blamed on struggles in the Nordic region and the Netherlands. For the first half of the year, revenue was up 2% to SEK2.6bn, though increased expenses saw profit for the period decline too.
Mobile games developer Gaming Realms has finalised the sale of its Bear Group B2C subsidiary to River iGaming. The deal, first announced in February, is worth a total consideration of £11.5m (€12.7m/$14.3m).
The Washington, DC Council has awarded Intralot a five-year contract to power the city lottery’s sports betting offering, despite mounting concerns over the manner in which the contract was handed to the Greek lottery and gaming solutions provider.
The Stars Group has entered into an agreement with the Akwesasne Mohawk Casino Resort that will see the PokerStars operator enter New York’s sports betting market, as well as providing access to any future igaming market in the state.
Swedish operator association Branschföreningen för Onlinespel (BOS) has requested an urgent meeting with the country’s gaming regulator in the wake of a number of operators being fined for an apparent breach of the country’s Gambling Act.
A new survey commissioned by Novomatic Group subsidiary Löwen Entertainment claims that more that 70% of the German public supports the roll-out of a uniform regulatory framework for all forms of gambling.
New research into gambling marketing and advertising has suggested that operators could be doing more to ensure promotional material is socially responsible and does not appeal to minors, especially on social media.
Enlabs launches Optibet-branded sportsbook in EstoniaEntertainment Laboratories (Enlabs) has launched an online sportsbook for its Optibet brand in the regulated Lithuanian market, as well as rolling out an Evolution Gaming-powered live casino offering in Estonia.
Svenska Spel’s Research Council has selected five new research projects to support, issuing grants totalling SEK5m to initiatives looking to find ways to better treat and understand gambling addiction.
Australian gambling operator Tabcorp has been issued with a financial penalty of AU$14,000 (£7,832/€8,726/US$9,846) after being found guilty of running an illegal gambling inducement in the Australian state of New South Wales (NSW).
The Indiana Gaming Commission has launched a public consultation on the state’s sports betting regulations, with stakeholders and members of the public able to submit comments on the proposed framework until August 1.