Australian gaming machines and content provider Ainsworth Game Technology has warned that it is likely to miss financial targets for the second half of its 2019 financial year, with its current performance failing to meet expectations.
New figures from the Swedish Tax Authority and gaming regulator Spelinspektionen suggest that net gaming revenue for Sweden’s land-based and online gaming market amounted to SEK6.0bn (£479.9m/€559.0m/$626.0m) in the first quarter of 2019.
The Gambling Commission of England, Scotland and Wales has set out a new framework designed to measure gambling harm among children and young people, while the regulator has also issued a reminder to operators that new rules for age and identity verification will come into force from next week.
Paddy Power Betfair has reported a 17% year-on-year increase in revenue for the first quarter of 2019, with strong growth in its US and Australian operations offsetting a decline in online sports betting revenue.
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.
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.
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.
Marketing platform provider First Look Games has formed a strategic partnership with iGaming Business, the publishing division of igaming events giant Clarion Gaming, to help increase exposure for games developers.
Greek lotteries and gaming solutions provider Intralot is to launch a cost reduction plan after reporting declines in turnover for all key operating segments in its 2018 results, with its struggles blamed on foreign exchange losses and the failure to secure new supply contracts during the year.
A new survey claims that a slight majority of Finnish citizens are in favour of abolishing the country’s current regulatory framework for gambling, which gives Veikkaus a monopoly over the market. However the poll also revealed that customers are wary of playing via sites licensed in other jurisdictions, and generally supportive of Veikkaus' consumer protection measures.
Rush Street Interactive (RSI) is to become the first online gaming operator to launch Everi's Remote Game Server in New Jersey. RSI will roll out the platform via its PlaySugarHouse.com site in the state.
Play’n GO is to expand its service offering into the regulated Portuguese igaming market after the slots developer was certified to launch in the country, with PokerStars Casino to be the first client to roll out its games.