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    The Republic of Ireland’s Minister for Justice and Equality, Charlie Flanagan, has announced plans to cap the maximum stake on gaming machines at €5 (£4.25/$5.51), while the top prize will be set at €500.

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    Nevada’s gaming market generated revenue of $1.02bn in October, and while this represented a 3.9% year-on-year decline, it marked the sixth time in 2019 that the monthly total surpassed $1bn. 

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    Australia’s Aristocrat Leisure has reported a 22.7% year-on-year increase in revenue for the 12 months to 30 September, to AUD$4.40bn on a statutory basis.

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    Latvia’s parliament has approved proposals to raise certain land-based gaming taxes in the country, including the measures in the 2020 budget.

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    International Game Technology (IGT) has reported a marginal decline in revenue to $1.15bn for the third quarter of 2016, 0.3% below last year’s figure, but profit increased more than four-fold, as foreign exchange gains more than offset higher operating costs.

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    Banking group HSBC UK has joined forces with industry charities GamCare and GambleAware to develop and launch a new self-restriction tool to enable its customers to block gambling transactions on their accounts.

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    Gaming solutions provider Inspired Entertainment has reported a 25.3% year-on-year decline in revenue to $26.6m (£20.7m/€24.1m) or the third quarter of 2019, a 25.3% year-on-year decline, which showed the business continues to suffer from the reduction in fixed-odds betting terminal (FOBT) stakes in the UK.

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    The newly formed Gamesys Group has reported a 22.9% year-on-year increase in revenue for the third quarter of the year, aided by a turnaround in the operator’s Jackpotjoy operating division.

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    Bragg Gaming Group has reported revenue of CAD$10.0m for the third quarter of 2019, while starting tomorrow, the business will have a new finance chief as bwin.party veteran Stephen Prowse takes over the role from Ashkay Kumar.

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    Denmark’s regulated gambling market has reported a marginal year-on-year decline in revenue, with declines in revenue from land-based gaming machines and sports betting offsetting growth in online casino.

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    Gaming technology supplier PlayAGS has posted a net loss of $5.5m for the third quarter, despite also reporting an increase in revenue for the period.

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    Scientific Games has reported a 4% year-on-year increase in net revenue for the third quarter after growth across all of its business segments, which saw the supplier return to profitability for the period.

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    The Czech Republic Ministry of Finance has defended its decision to introduce higher taxes on certain gambling activities, after a national newspaper claimed the increases would harm the country's land-based market.

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    Finnish gaming monopoly Veikkaus has denied local media reports suggesting that players are spending as much as €11.0bn (£9.51bn/$12.22bn) across is gaming machine estate, arguing the reported figures do not offer a true representation of its actual sales.

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    The Latvian parliament has submitted a proposal for the country's 2020 budget to increase gaming taxes levied on land-based gambling in the country.

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    The Italian government has announced an increase in the taxes on video lottery terminals (VLTs) and Comma 6A Amusement with Prize slot machines.

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    Licensed sportsbook operators in Pennsylvania generated collective revenue of $14.9m (£11.5m/€13.4m) in the second full month of regulated sports wagering, while interactive gaming revenue in September amounted to $5.3m.

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    Codere has launched an investigation into inconsistencies in the financial reports of some of its Latin American subsidiaries for the first half of the year, which the operator has warned may reduce its full-year earnings by up to €20m. 

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    State-wide gambling revenue in Pennsylvania amounted to $3.29bn in the 2018-19 financial year as the introduction of legal sports betting and higher income from slots gaming boosted the state .

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    Nevada’s sportsbook handle for the month of August remained behind New Jersey for August, despite a 22.1% increase to $287.8m, while overall casino revenue slipped back below $1bn at $952.4m.

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