Swedish state-owned gaming business Svenska Spel has seen profits hit by increased regulatory costs in the first half of the year, though the operator noted that customer growth and revenue had recovered during the second quarter.
Happy Friday igamers! This week Diary wonders why this industry's job losses are being celebrated, questions the Swedish approach, considers the collateral damage in Ireland and ponders the lack of unity in the industry.
The Washington, DC Council has awarded Intralot a five-year contract to power the city lottery’s sports betting offering, despite mounting concerns over the manner in which the contract was handed to the Greek lottery and gaming solutions provider.
A new survey commissioned by Novomatic Group subsidiary Löwen Entertainment claims that more that 70% of the German public supports the roll-out of a uniform regulatory framework for all forms of gambling.
New research into gambling marketing and advertising has suggested that operators could be doing more to ensure promotional material is socially responsible and does not appeal to minors, especially on social media.
Svenska Spel’s Research Council has selected five new research projects to support, issuing grants totalling SEK5m to initiatives looking to find ways to better treat and understand gambling addiction.
Sportech has made a number of changes to the leadership of the betting technology provider’s B2B division, which sees a number of staff from the recently acquired ilottery business Lot.to take on key positions.
French gambling giant La Française des Jeux (FDJ) has struck a deal to acquire Sporting Group, the parent company of spread betting operator Sporting Index and sports betting technology and trading service provider Sporting Solutions.
Canadian provincial lottery operator Loto-Québec has reported a 3.1% year-on-year increase in revenue to CAD$2.83bn (£1.68bn/€1.89bn/US$2.12bn) for its 2018-19 financial year, with the contribution from its igaming offering growing to $105.4m.