Daily news

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    Latvian operator Enlabs reported declines in revenue and profits - though remained in the black - in the first half of 2020, despite its Latvian operations being suspended for two months during the period as a result of novel coronavirus (Covid-19).

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    Ed Birkin, senior consultant at iGB's principal data partner H2 Gambling Capital, kicked off Thursday’s content at iGB Live! Online with by looking at the impact of novel coronavirus (Covid-19) on the sports betting sector.

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    The Indiana Gaming Commission has approved the proposed merger between Eldorado Resorts and Caesars Entertainment, but has ordered the combined entity to sell three casinos in the state.

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    Nordrhein-Westfalen (North Rhine-Westphalia/NRW) Minister of Finance Lutz Lienenkämper has responded to accusations that the state government altered the accounts of state-owned operator Westdeutsche Spielbanken (WestSpiel) to facilitate the privatisation of the business.

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    The Federal Trade Commission (FTC) has approved the merger between Eldorado Resorts and Caesars Entertainment, after requiring Eldorado to sell two properties to Twin River Worldwide Holdings in markets where the deal was deemed uncompetitive.

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    The New South Wales Independent Liquor & Gaming Authority has resumed its inquiry into Crown Resorts, despite Melco Resorts selling its stake in the operator in April.

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    Sweden's liicensed gambling operators reported revenue of SEK5.90bn in the first quarter of 2020, down 1.4% from 2019, according to new figures from regulator Spelinspektionen and the Swedish Tax Agency.

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    Caesars Entertainment UK (CEUK) has agreed to pay a record settlement worth £13m (€14.7m/$16.1m), after the GB Gambling Commission ruled it had breached a number of social responsibility, money laundering and customer interaction regulations related to VIP customers.

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    Casino operator Eldorado Resorts has secured approval from the Louisiana Gaming Control Board to proceed with its pending acquisition of Caesars Entertainment Corporation.

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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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    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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    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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    Olympic Casino Group Baltija, a subsidiary of the Olympic Entertainment Group (OEG), has been fined €495,500 (£425,830/$556,330) by the Lithuania Gaming Control Authority for failing to verify the identity several customers who exchanged large sums of money at its casino tables.

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    Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.

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    Swedish regulator Lotteriinspektionen issued the fine to the Sveska Spel subsidiary