Daily news

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    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.

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    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.

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    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.

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    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.

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    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.

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    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.

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    A syndicate of eight investment banking groups have been selected to work on the privatisation of French state-owned gaming operator La Française des Jeux (FDJ).

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    A bill to regulate sports betting in Puerto Rico is headed to Governor Ricardo Rosselló Nevares to be signed into law after passing the unincorporated US territory’s legislature. 

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    Danske Licens Spil, the regulated market subsidiary of Danske Spil, has made it mandatory for players to set deposit limits across all its igaming brands, effective today (July 2).

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    Betting technology provider Sportech has named its interim executive chairman Richard McGuire as its new chief executive officer.

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    Dutch gambling regulator the Kansspelautoriteit (KSA) has published its final duty of care guidelines, following a public consultation on the player protection measures.

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    Betsson’s NGG Nordic subsidiary and PlayOjo operator SkillOnNet have been found to have violated Swedish bonus restrictions, resulting in hefty penalties for each operator.

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    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.

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    Greek lotteries and gaming solutions provider Intralot will focus its efforts on pursuing opportunities in the US market to help drive growth in 2019-20.

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    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.

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    An amendment to a federal bill that determines funding granted to the Department of Justice seeks to block the money from being used to enforce its revised stance on the 1961 Wire Act. 

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    Svenska Spel has appointed Mikael Franzén as the company’s new IT director, replacing Jörgen Olofsson in the role.

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    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.

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    Greek lotteries and gaming solutions provider Intralot has appointed a new board of directors for its US-facing Intralot Inc subsidiary.

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    A bill to regulate sports betting in New Hampshire is headed to the Governor Chris Sununu after the state’s House of Representatives concurred with the amended bill returned by the Senate.

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