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.
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.
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.
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.
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.
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.
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.
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.
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.
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.