Daily news

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    Online gambling revenue in Great Britain declined across all verticals in July at a time when retail showed signs of recovery, according to the latest figures from the Gambling Commission’s ongoing tracking of customer activity during the novel coronavirus (Covid-19) crisis.

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    Gaming solutions giant Playtech has reported a 22.5% year-on-year decline in revenue for the first half of 2020, after a strong start to the period was halted by the impact of novel coronavirus on B2B and B2C operations.

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    The Minister of the Interior for the German capital Berlin has approved the federal regulatory framework for gambling, approving the city’s governing mayor Michael Müller to sign the legislation.

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    Swedish gambling revenue for the second quarter of 2020 fell 4.1% to SEK5.94bn (£530.6m/€572.4m/$687.9m) as a 3.6% increase in online gambling revenue was not enough to offset the effects of the novel coronavirus (Covid-19) on the land-based sector.

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    Novomatic has struck a deal for Ainsworth Game Technology, in which the Austrian gaming giant holds a 52% stake, to distribute its products in the Asia-Pacific region.

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    The European Commission has launched an investigation into the Belgian Gaming Commission’s decision to allow GVC Holdings’ Ladbrokes brand to offer virtual sports in the country, while refusing similar requests from other licensees.

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    Online gambling revenues drastically increased in Portugal during lockdown, with operators bringing in revenue of €138.9m, up 44.2%, in the first half of 2020, new figures from the Serviço de Regulação e Inspeção de Jogos (SRIJ) have revealed.

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    Denmark’s regulated gambling revenue fell 19.2% year-on-year in the first half of 2020, after novel coronavirus (Covid-19) slashed land-based gaming and sports betting’s contribution in the second quarter.

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    Australia’s Tabcorp has seen revenue fall 4.8% in its fiscal year ended 30 June, amid disruption caused by the novel coronavirus (Covid-19) pandemic, with a hefty impairment charge resulting in the operator swinging to a loss for the year.

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    US commercial gross gaming revenue (GGR) for the first half of 2020 fell 45.6% year-on-year to $11.70bn, according to the latest figures from the American Gaming Association (AGA).

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    Online random number generator (RNG) games will face a three-second spin limit and may not be advertised outside of an operator’s website, according to the country’s new secondary legislation as part of its Gambling Reform Act.

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    Gambling is officially set to become legal in Ukraine after the country’s president, Volodymyr Zelensky, signed the country’s Gambling Act into law today (11 August), with Eastern Europe-facing operator Parimatch already announcing its intent to p

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    Lithuanian gambling revenue in the first half of 2020 fell by 15.9% to €43.8m (£4.0m/$5.2m) as the novel coronavirus (Covid-19) pandemic led to online revenue overtaking that of the land-based sector.

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    The novel coronavirus (Covid-19) pandemic has hit International Game Technology (IGT) hard in the second quarter of 2020, with revenue dropping 48.4% and the business posting a net loss of $279.6m.

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    The British Gambling Commission has published the results of a consultation about data collection, implementing new measures to reduce and standardise the data it collects from 31 October.

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    In their first month back after closures due to the novel coronavirus (Covid-19), Nevada casino revenue reached $566.8m, down 45.6% year-on-year, with sportsbooks in the state reporting their first monthly loss in almost seven years.

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    H2 Gambling Capital downgraded its annual expectations for the global gambling sector by a further $780m to $356.9bn this week.

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    A total of 43.3% of Czechs aged 15 or older gambled in the past year, up from 39.8% the year before but below levels in 2017, according to the Czech Ministry of Finance's latest annual gambling report.

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    Spanish gambling revenue grew 12.5% year-on-year in the first quarter of 2020, thanks to growth across all verticals including sports betting, despite the suspension of major sporting events from mid-March due to novel coronavirus (Covid-19).

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    The Japanese Racing Association's Q2 results coming in ahead of pre-Covid expectations saw a stabilisation in H2 Gambling Capital’s 2020 forecast this week.

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