Daily news

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    Industry giant Playtech has rolled out a range of online casino content and its poker technology with Baltic-facing operator Enlabs.

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    H2 Gambling Capital upgraded online gambling’s share of expected 2020 global gross win to 17.4% this week, with this expected to edge past 18% in the not-too-distant future.

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    An end-of-quarter exchange rate adjustment offset a further downgrade in H2 Gambling Capital’s 2020 forecast for the pandemic-hit global gambling sector this week.

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    H2 Gambling Capital saw the first gain in its 2020 gross gambling win forecasts this week since it started tracking the impact of the pandemic on the sector five months ago.

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    New obstacles to recovery in the Asia-Oceania region erased hopes of a stabilisation of H2 Gambling Capital’s forecasts for the global gambling sector this week

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    H2 Gambling Capital's tracking of the cumulative impact of the pandemic on the global gambling sector has seen the biggest absolute fall in FY expectations for five weeks.

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    H2 Gambling Capital has provided the biggest downgrade to its annual outlook for the global gambling sector in three weeks as reopenings in Asia fell short of expectations

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    GGPoker Network announced today that it has been awarded a Type 3 Gaming Services licence by the Malta Gaming Authority.

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    News of significant reopenings and sporting restarts in June saw a slight rebound in H2 Gambling Capital’s expectations for the European and Asian markets in 2020.

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    H2 Gambling Capital has downgraded its 2020 expectations for global gambling gross win to $375.9bn, nearly $100bn or 20.6% below its pre-outbreak forecast

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    H2 Gambling Capital has further downgraded its GGR forecast for the global gambling sector as the novel coronavirus (Covid-19) outbreak continues to negatively impact revenues and outlook.

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    H2 Gambling Capital has downgraded its 2020 revenue forecast for the sector to 13.6% following the US’ extension of social distancing measures to the end of April

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    The Stars Group has agreed a deal to roll out Paysafe Group’s Rapid Transfer payment solution with its PokerStars flagship poker brand in 10 European countries.

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    European regulatory authority Gaming Regulators European Forum (GREF) has appointed Jorn Starck, executive director of the Alderney Gambling Control Commission, as its new chairman.

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    Unibet operator Kindred Group has reported an 8.0% year-on-year rise in revenue for the first quarter of 2019, though has seen earnings impacted by costs associated with its launch in Sweden’s newly regulated igaming market.

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    GVC Holdings chief executive Kenneth Alexander has credited excellent operational execution, effective marketing and a good World Cup for helping drive growth in the operator’s 2018 results.

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    William Hill reaffirmed its goal of doubling profits by 2023, despite reporting a £721m loss for 2018. Its strategy, first outlined at its capital markets day in November last year, is centred around three areas: driving digital growth in the UK and internationally; growing a business of scale in the US; and remodelling UK retail.

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    Kindred Group, the owner of Unibet, has reported a 20.8% rise in revenue for 2018, driven in part by a record fourth quarter and an all-time high in active customers for the period. However the operator saw increased costs in Q4 hit its bottom line, with profit for the quarter down 22.6% year-on-year.

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    Updated to include IMF GDP forecasts, extension of date range to 2023 and US sports betting

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    Gaming Laboratories International (GLI) has appointed Alexander Haberl as its regulatory development manager

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