Daily news

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    Ahead of a meeting of German lawmakers in Nordrhein-Westphalen today (19 February), the European Gaming and Betting Association (EGBA) has proposed a series of changes to ensure a successful re-regulation of the country’s igaming market.

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    The UK Tote Group, the consortium of racecourse owners formerly known as Alizeti, has launched a new website for UK pool betting service the Tote.

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    German lottery broker Zeal Network’s revenue and earnings declined in 2019, but the business said the year was still a success despite the acquisition of Lotto24 and move away from secondary lotteries affecting its financial performance.

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    Sports betting provider Kambi has been elected as the latest member of Branschföreningen för Onlinespel (BOS), Sweden’s igaming operator trade association.

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    Gaming Innovation Group (GiG) has further expanded its presence in the US after it was granted approval by the Pennsylvania Gaming Control Board to begin offering its affiliate services in the state.

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    The Australian Competition and Consumer Commission (ACCC) has granted its approval to the proposed mega-merger between Flutter Entertainment and The Stars Group (TSG).

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    Lotteries and keno helped Tabcorp’s revenues to increase to 4.4% to $2.91bn for the six months ended 31 December, 2019, even as the operator’s wagering vertical faced integration issues and the gaming services vertical struggled.

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    Affiliate marketing giant Better Collective has reported a 66.6% year-on-year increase in revenue for 2019, aided by a record-breaking fourth quarter performance.

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    Online affiliate and content marketing provider Raketech has reported a year-on-year increase in profit for 2019, despite new regulations in the Swedish market pushing revenue down.

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    Scientific Games has reported a year-on-year rise in revenue and a reduction in net loss for 2019, despite the year ending with a difficult fourth quarter in which gaming and social revenue declined. 

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    China’s Welfare and Sports Lottery sales declined 17.5% to CNY422.05bn (£46.39bn/€55.80bn/$60.12bn) in 2019, after the year concluded with a 4.9% year-on-year decline in sales for December, according to figures from the country’s Ministry of Finance.

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    Online gambling operator Betway has secured a new licence to begin offering sports betting and online casino in Portugal.

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    IMG Arena, the sports betting division of media giant IMG, has secured the rights to provide US sports betting operators with live streams of a selection of National Hockey League (NHL) ice hockey games.

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    Brazil’s Secretariat of Evaluation, Planning, Energy and Lottery (SECAP) has launched a third consultation on fixed-odds sports betting, heralding a major shift in its approach to regulation of the market and all but certainly delaying the launch of legal sports betting in the country.

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    The British Gambling Commission has taken the decision to temporarily suspend the operating licence of Triplebet - the parent company of exchange betting operator Matchbook - following a two-year review of the business.

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    Alaska’s Governor Mike Dunleavy has introduced legislation to establish a new state lottery corporation, with the aim of expanding legal gambling options across the state.

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    Sports betting operator SportPesa’s sponsorship with Formula One team Racing Point has come to an end, with the operator and team offering different explanations of why the deal ended.

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    Affiliate giant Catena Media has revealed it is set to post an operating loss for the fourth quarter due to the impact of intangible assets, the adoption of IFRS 9 accounting assumptions and an exceptional revenue adjustment in the US.

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    Denmark’s regulated gambling market reported declines in gross gaming revenue across a number of core verticals, though a strong performance from the online casino vertical allowed the market to post year-on-year growth for 2019.

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    Gaming Innovation Group (GiG) has reported a year-on-year drop in revenue for the fourth quarter of 2019, as the gaming solutions provider was hit by declines across both its B2B and B2C segments.

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