Daily news

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    The latest edition of Sweden’s annual survey on gambling participation has revealed that the percentage of the country’s adult population has dropped six percentage points in the past year.

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    Caesars Entertainment-owned Harrah’s Philadelphia Casino and Racetrack in Pennsylvania has entered into a marketing partnership with the Philadelphia Eagles National Football League (NFL) franchise.

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    Software supplier Global Daily Fantasy Sports will acquire live dealer games supplier Playgon Interactive after executing a definitive share purchase agreement which will see Global acquire all of Playgon’s shares for CAD$9.5m.

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    International Game Technology (IGT) has announced that Alberto Fornaro is to step down as its chief financial officer, with Timothy Rishton set to take on the role on an interim basis.

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    The Philippine Amusement and Gaming Corporation (PAGCOR) has officially approved a strategic partnership with gambling event giants Clarion Gaming and SiGMA, confirming plans for a major event in the country's capital Manila next year.

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    Penn National Gaming has selected Malta-based supplier White Hat Gaming to provide a player account management platform as it prepares to launch real-money betting in multiple states across the US.

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    Spain’s regulated online gaming market has reported a 5.4% year-on-year increase in gross gaming revenue for the third quarter of 2019, with the growth of online casino again supported by the recovery of the sports betting vertical.

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    Casino and sportsbook operator group Soft2Bet has set out plans to launch two of its brands in the Swedish market after securing a licence from the country’s gambling regulator Spelinspektionen.

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    Lottery and gaming solutions provider Intralot has once again reported a year-on-year decline in quarterly revenue, with the total for the three months to 30 September falling 5.4%.

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    The Malta Gaming Authority has approved a live casino supplier licence for Soft Construct Ltd, which trades as BetConstruct.

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    Hokkaido Governor Naomichi Suzuki has announced that the Japanese island will no longer seek an immediate bid to construct an integrated casino resort due to concerns about the impact the project could have on the local environment.

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    Peter Hannibal, chief executive of UK industry organisation the Gambling Business Group (GBG), has called on the market to begin preparations for what he said is now an ‘inevitable’ overhaul of national legislation.

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    Nevada’s gaming market generated revenue of $1.02bn in October, and while this represented a 3.9% year-on-year decline, it marked the sixth time in 2019 that the monthly total surpassed $1bn. 

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    The Virginia Joint Legislative Audit and Review Commission has completed its impact assessment of legislation that could see the state’s first bricks and mortar casinos constructed, projecting annual tax revenue of $262m.

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    Austria’s leading gambling trade group has called for an end to Casinos Austria’s monopoly in light of the political scandal currently engulfing the operator.

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    The body responsible for processing German online sports betting licence applications has once again stressed that operators must shut down any online casino or poker products if they are to operate legally in the market.

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    Virginia Representative Barry Knight has pre-filed a bill ahead of the 2020 legislative session that would allow allow the state to enact the provisions of a casino bill passed in 2019.

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    Playtech has entered into a long-term structured agreement with Aquila Global Group, the operator of Colombian gaming and betting brand Wplay, that sees it become the business' strategic technology partner.

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    Playtech has said that it is evaluating all options for its TradeTech Group after it revealed that struggles within the financials division during the 17 weeks to 31 October meant the business is set to miss its full-year earnings projections.

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    Raketech saw revenue for the third quarter of 2019 decline 15.1% to €6.0m, while costs increased, as the affiliate marketing business' profits continued to suffer from the effects of Swedish re-regulation.

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