Daily news

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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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    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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    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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    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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    Problem gambling funding body GambleAware has appointed Peter Holt as its new chief financial officer. Holt most recently worked for Health Education England and also spent time with the NHS.

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    Norwegian state-owned gambling operator Norsk Tipping has again tightened its responsible gambling controls, with players now shown an overview of their playing habits when they log into their online accounts.

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    The Argentine capital province of Buenos Aires has launched the process to select seven online gaming licensees, with 14 operators competing for certification in the market.

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    The GB Gambling Commission has revealed that despite issuing a record £19.6m in penalty packages during 2018-19, it intends to step up its effort to clamp down on illegal and irresponsible operations as it seeks to better protect consumers.

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    JPJ Group has entered into a conditional agreement to acquire the majority of its technology partner Gamesys’ assets for a total consideration of £490m (€549.8m/$620.9m).

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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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    A trio of international gaming operators have entered the race to secure online gambling licences in Argentina’s capital province of Buenos Aires. There are now 10 companies competing to secure one of seven operating licences.

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    The Gambling Commission has joined forces with partners in Wales to develop a new national strategy, with the aim of reducing gambling-related harms in the country.

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    Gross gambling yield for the UK’s online gaming sector climbed 2.9% to £5.6bn in the 12 months to September 2018, despite the wider gambling market seeing a decline during the period.

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    GambleAware has confirmed it will invest an additional £3.9m (€4.5m/$5.0m) to help fund the expansion of the National Gambling Treatment Service through GamCare and its network of partners across Great Britain.

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    Gambling revenue in Latvia increased 15.3% year-on-year in the first quarter, with national regulator the Lotteries and Gambling Supervisory Inspection (IAUI) reporting growth across all key verticals.

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    GambleAware has reiterated calls for UK operators to offer further financial support its problem gambling efforts after revealing that industry funding failed to meet its 2018-19 target.

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    The UK Gambling Commission and Competition and Markets Authority (CMA) have published a joint letter calling for operators to pay closer attention to consumer protection law to help ensure players have access to a fair and transparent market.

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    The Gambling Commission of England, Scotland and Wales aims to make faster progress on reducing gambling related harms through its new National Strategy to Reduce Gambling Harms, with a focus on improving prevention and education efforts and enhancing treatment and support.

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    Swedish gaming operator Svenska Spel has reported a 5.9% decline in net gaming revenue for the first quarter of 2019, with growth in the new Sport & Casino igaming division offset by struggles in its lottery and land-based gaming units.

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    State-owned gaming operator Svenska Spel’s lottery and gaming machine division has generated turnover of SEK906m (£74.6m/€86.9m/$97.6m) in the first two months of activity in Sweden’s newly regulated online gaming market.

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