Daily news

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    Intralot believes the impact of novel coronavirus (Covid-19) on the business is yet to reach its peak, and does not expect to return to normal levels of activity until November this year.

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    Finnish gambling monopoly Veikkaus has revealed that the shut-down of its retail gaming network and significantly reduced sports betting options, both due to the novel coronavirus (Covid-19) pandemic has cut revenue by around 40.6%.

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    Norwegian gaming monopoly Norsk Tipping has revealed that it distributed over NOK5.5bn (£417.2m/€478.4m/$515.3m) from its profits to good causes across the country during 2019.

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    European football’s governing body Uefa has called on all of its associations to complete their 2019-20 seasons despite the ongoing novel coronavirus (Covid-19) crisis.

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    Platform provider BtoBet has struck a new platform supply deal with Venezuelan bookmaker Camanbet.

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    The Parliamentary All Party Betting & Gaming Group (APBGG) has commenced a review of the UK’s Gambling Act 2005 to establish what changes may be needed to ensure the laws are relevant to the technical and social developments since its conception.

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    Banking services provider Revolut said it will no longer allow its cards to be fund online or offline gambling payments in the UK following the introduction of the online credit card betting ban.

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    Flutter Entertainment reported a 16% year-on-year increase in revenue for the first quarter of 2020, though growth slowed as a result of the novel coronavirus (Covid-19) pandemic suspending sports and closing of venues.

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    Finnish gambling monopoly Veikkaus has launched a process that could see up to 675 of its staff placed on furlough during the novel coronavirus (Covid-19) crisis.

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    The GB Gambling Commission's ban on using credit cards to fund gambling has come into effect today (14 April), with the regulator hailing its implementation as particularly timely as a result of the coronavirus (Covid-19) lockdown.

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    American Gaming Association (AGA) president and chief executive Bill Miller has written directly to US President Donald Trump, urging him to amend the Small Business Administration’s (SBA) Paycheck Protection Program (PPP)  to include gaming businesses.

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    The International Betting Integrity Association (IBIA) has attacked the Greek government’s plans to set a 35% gross gaming revenue tax rate for operators, and queried the decision to restrict online play to those aged 21 and above.

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    French horse racing giant Pari-Mutuel Urbain (PMU) has been hit with a €900,000 fine from France’s Competition Authority after it was found to have failed to maintain its commitment to splitting online and retail liquidity.

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    Australian gambling operator Tabcorp has announced that is it to furlough more than 700 of its staff until 30 June as part of its strategy to mitigate the impact of the novel coronavirus (Covid-19) outbreak.

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    Senet Group, the responsible gambling body formed by a quartet of high street bookmakers, is to hand over all assets and responsibilities to the Betting and Gaming Council (BGC), effective 8 April. 

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    The Belgian Gaming Commission (BGC) has announced the appointment of Magali Clavie as its new president.

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    GVC Holdings has reported a year-on-year rise in revenue for the first quarter, despite business slowing down due to the novel coronavirus (Covid-19) global pandemic, but has chosen to cancel a planned dividend payment due to ongoing uncertainty over the outbreak.

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    Greek gaming operator OPAP has begun the process of identifying a successor to chief executive Damian Cope, who is to step down from the role when his four-year contract comes to an end.

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    Greek gaming operator OPAP has reported a 4.7% year-on-year increase in revenue for 2019, though the shut-down of its retail network in the country looks set to have a significant impact on revenue and earnings in 2020.

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    William Hill has named Matt Ashley as its new chief financial officer, while the bookmaker has also brought in Flutter Entertainment’s Stephen Parry as chief operating officer.

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