Daily news

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    Sweden’s former gambling monopoly Svenska Spel is to stop advertising its online casino offering  for the rest of 2019, over concerns that the vertical could lead to significant increases in problem gambling in the market.

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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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    Gaming platform and services provider Nektan has reported a 5.9% year-on-year increase in revenue for the third quarter of its financial year, though noted that performance in the period was impacted by a number of factors.

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    Gaming solutions giant Playtech has appointed Anna Massion and John Krumins as non-executive directors of the business, with immediate effect.

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    More than 30,000 people have now signed up to the Spelpaus.se Swedish self-exclusion programme, according to national gambling regulator Spelinspektionen.

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    The UK Gambling Commission has renamed its Responsible Gambling Strategy Board (RGSB) as the Advisory Board for Safer Gambling (ABSG) to help reflect a sharper focus on safer gambling.

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    The Responsible Gambling Strategy Board (RGSB) has said that the 2016-19 National Responsible Gambling Strategy achieved a number of key milestones, but ultimately failed to make as much progress as hoped in tackling gambling-related harm in Great Britain.

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    The Nevada Gaming Control Board has reported an 11.5% year-on-year rise in sports betting handle for February, though the state also saw gaming revenue across all verticals decline marginally for the month.

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    Virginia Governor Ralph Northam has signed into law a bill that paves the way for land-based casino gaming, as well as providing a route to law for igaming and sports betting in the state.

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    London-listed online bingo and casino operator JPJ Group has credited efforts to diversify its geographic footprint with helping the business report record revenue and earnings in 2018. Revenue for the year ended December 31, 2018 was up 10% year-on-year at £319.6m (€373.5m/$424.0m), the highest full-year figure since the business was formed in 2014.

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    Scientific Games has agreed a deal with Second State Gaming to install its Bally MultiConnect (BMC) software at 20 truck stop locations across Pennsylvania.

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    The New Jersey Division of Gaming Enforcement (DGE) has reported a 25.6% year-on-year increase in gaming revenue in February, though the contributions from igaming and sports betting fell sequentially.

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    Sweden’s gambling regulator Spelinspektionen has revealed that a total of 116 licences have been awarded for the country’s re-regulated gaming market, with more than half covering online casino. 

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    Simon Barff has stepped down as UK managing director at Blueprint Operations, with David Purvis set to join the land-based slot and analogue games supplier as part of a management restructure.

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    Social casino studio KamaGames has reported a 33% increase in revenue for 2018, with the Pokerist operator crediting its focus on personalised promotional campaigns and efforts to improve player retention as key drivers of growth.

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    The strong performance of the sports betting and casino verticals helped Spanish online gaming revenue grow 25.5% year-on-year in 2018.

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    International Game Technology (IGT) has reported a 2.2% year-on-year decline in revenue for 2018, though a reduction in operating costs and foreign exchange gains helped the supplier cut its full-year loss to $21m (£16.0m/€18.7m).

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    The Stars Group chief executive Rafi Ashkenazi believes the operator can achieve double-digit growth in highly competitive and mature UK market in 2019, by leveraging the Sky Betting and Gaming assets acquired in 2018.

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    The American Gaming Association (AGA) is urging more states across the US to update their gambling regulations to ensure the rules are fit for purpose in what it sees as an evolving marketplace.

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    Paddy Power Betfair has seen its 2018 revenue grow as a result of the acquisition of FanDuel and an improved performance by the Paddy Power brand in the UK market, though the US investment has also hit full-year profits.

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