Finland’s Competition and Consumer Authority (KKV) has spoken out in favour of a central regulatory body for the country’s gambling sector being established to improve supervision of the country’s monopoly operator Veikkaus.
The International Olympic Committee (IOC) encouraged countries to ratify the Council of Europe Convention on the Manipulation of Sports Competitions, also known as the Macolin Convention, at the third International Forum for Sports Integrity (IFSI) yesterday (28 October).
Researchers in the Australian Capital Territory (ACT) have warned the state needs to have a serious discussion about the role of gambling in society after estimating that as much as 14% of its population has been negatively affected by gambling.
Greentube, the interactive division of Novomatic, has secured its first supply deal in the Croatian market with PSK.hr, an online casino brand owned by Fortuna Entertainment subsidiary Hattrick Sports Group.
PointsBet has reported a 138% year-on-year rise in turnover during the first quarter, primarily due to its launch and subsequent expansion in the US, while the online sports betting operator has also revealed plans to raise AUD$122.1m through a share placing.
The Ukrainian government’s conservative evaluations have estimated that the country’s gambling bill could bring in between UAH5bn (£154.4m/€178.7m/$192.8m) and ₴9bn, according to the country’s Minister of Finance.
With other operators struggling in Sweden, former horse racing monopoly Aktiebolaget Trav och Galopp (ATG) bucked the trend to report a 12.6% increase in net gaming revenue for the third quarter of 2019 to SEK1.17bn, setting a new company record.
The Korea Racing Authority (KRA), the public company established to manage the racehorse industry in South Korea, has launched efforts to introduce online horse race betting in the country in the hopes of limiting illegal online betting.