Daily news

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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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    Investment services provider IG Group has highlighted an “improvement in client quality” after new regulations by the European Securities and Markets Authority (ESMA) led to a slump in retail clients in the first half of the 2019 fiscal year.

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    Turnover has slumped by around 20% in EU markets following regulatory changes introduced in July this year

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    Spread betting firms saw their share prices plummet after the European Union’s financial regulator announced a crackdown on binary options and contracts for difference

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    The Cyprus Securities and Exchange Commission has published a new circular aimed at making brokers increase the level of monitoring and supervision they exercise over their affiliates.

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    Plus500 has cited the ongoing success of its proprietary trading platform as one of the main reasons behind a significant rise in revenue during the three months through to September 30.

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    Happy Friday igaming execs! Hot off the press GVC is looking to buy (parts of) bwin party. It worked with Sportingbet, so if it ain't broke...    

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    Binary options trading platform provider Tradologic has appointed international gaming and betting consultancy KMi Gaming to help maximise its industry presence in the UK, Ireland and wider European region.