Daily news

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    Catena Media-owned affiliate site AskGamblers has revealed that it was able to help players to recover a record $8.8m (£7.4m/€8.1m) in unpaid online casino winnings in 2019.

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    Gambling software supplier GAN has reiterated its confidence in its 2020 forecast, which projected revenue of $37m-$39m, even as the novel coronavirus (Covid-19) affects its sports betting vertical.

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    Catena Media has reported a 5.7% year-on-year increase in revenue for the two months to 29 February, with the affiliate marketing giant saying that it anticipates further growth amid the novel coronavirus (Covid-19) pandemic.

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    Sweden’s former horse racing monopoly operator Aktiebolaget Trav och Galopp (ATG) has introduced mandatory weekly loss limits for online casino games.

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    The Philippine Amusement and Gaming Corporation (PAGCOR) has released an additional PHP6bn (£100.8m/€109.4m/$118.0m) in funds to the country’s government to help support national efforts related to the novel coronavirus (Covid-19) pandemic.

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    Social gaming operator KamaGames has linked up with Hard Rock International to launch a new social casino application.

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    The American Gaming Association (AGA) has repeated its call for the federal government to support the US gambling industry after the last remaining commercial casinos temporarily closed their doors in response to the outbreak of novel coronavirus (Covid-19).

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    Stockholm-listed NetEnt has opted to fully integrate slot developer Red Tiger into its business, and is to accelerate the payment of the earn-out attached to the acquisition to facilitate this process.

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    888 Holdings has reported a rise in customer activity across its casino and poker services, but the online gambling operator warned its sports betting business is likely to suffer as a result of cancelled events worldwide.

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    International Game Technology (IGT) has appointed Massimiliano Chiara as its new chief financial officer and executive vice president with effect from 6 April.

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    The Gambling Related Harm All Party Parliamentary Group (APPG) has called on the British gambling industry to impose a £50 daily spending limit for customers during the novel coronavirus (Covid-19) pandemic.

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    Australian Prime Minister Scott Morrison has ordered casinos in the country to close in order to slow the spread of novel coronavirus (Covid-19).

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    Casino operator MGM Resorts International has appointed Bill Hornbuckle as acting chief executive and also named Paul Salem as the new chairman of its board.

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    The UK government has instructed all casinos, betting shops and bingo halls to temporarily close as part of it latest set of measures to combat the spread of novel coronavirus (Covid-19).

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    Table games supplier Galaxy Gaming’s revenue increased 14.5% to $21.3m for 2019 and said it remains confident that it has the funds to survive the closure of many casinos due to the outbreak of Covid-19.

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    Live dealer software provider Evolution Gaming has said that it continues to experience strong demand for its products despite the global outbreak of novel coronavirus (Covid-19).

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    The American Gaming Association (AGA) has said that the widespread shutdown of casinos across the US could cost the country’s economy as much as $43.5bn over the next two months.

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    British industry body The Betting and Gaming Council has written to the Chancellor of the Exchequer after the gambling industry was excluded from all forms of business rate relief intended to ease the impact of the novel coronavirus (Covid-19) pandemic.

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    H2 Gambling Capital now expects global gambling gross win to fall by at least 11% in 2020 due to the spread of the novel coronavirus (Covid-19).

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    Sweden-facing operator Svenska Spel has announced that it will make a further SEK5m (£412,970/€444,748/$481,213) in grants available this year to research projects focused on gambling addiction.

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