Daily news

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    The Gambling Related Harm All Party Parliamentary Group (APPG) claims that it has secured a significant victory after Gambling Commission chief executive Neil McArthur confirmed that changes to online slot stakes were to be considered.

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    Toronto-listed supplier Bragg Gaming Group expects full-year revenue to come in at the high end of market expectations, allowing it to post positive earnings before interest, tax, deprecation and amortisation (EBITDA) for the first time.

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    Gambling revenue in Lithuania increased by 13.1% year-on-year to €112.6m (£93.9m/$122.2bn) in 2019, due in part to significant growth in the country’s online gaming market.

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    Scientific Games has signed a four-year extension to its deal with William Hill to continue to provide the bookmaker with its sports betting and igaming solutions in the UK and Europe.

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    The New South Wales (NSW) Independent Liquor and Gaming Authority has convicted Ladbrokes Australia and Neds of illegal gambling marketing activities in the Australian state, issuing the two operators with a record fine of AUD$207,500, the highest ever levied in the state.

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    Online gambling operator LeoVegas has reported a sharp year-on-year decline in profit for 2019 as a result of depreciation, amortisation and impairment charges, despite seeing consolidated revenue increase by 9%.

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    Stockholm-listed Betsson is to acquire Gaming Innovation Group’s (GiG) B2C assets, including the Rizk, Guts, Kaboo and Thrills brands, paying an initial €31m (£25.7m/$33.6m).

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    Norwegian regulator Lotteritilsynet has rolled out a new responsible gambling campaign to highlight the risks of problem gambling and encourage players to only gamble with licensed operators.

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    Svenska Spel's revenue declined and new taxes slashed profits in what chief executive Patrik Hofbauer called “the most tumultuous year in the history of the group and the [Swedish] gaming industry.”

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    French gaming giant La Française des Jeux (FDJ) has projected 5% growth in both player stakes and revenue for 2020, after a “landmark” 2019 that saw the operator list on the Euronext Paris and net revenue rise to €1.96bn.

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    Lawmakers in Wyoming are to assess a new bill that aims to legalise online and mobile sports wagering in the US state.

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    Betsson has reported year-on-year declines in full-year revenue and profit for 2019, after a year in which the company struggled with regulatory developments in key markets - Sweden especially - ended with a weaker-than-expected Q4.

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    Licensed operators in New Jersey generated $53.6m in sports betting revenue in January, representing a new monthly record for the state.

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    France’s new gambling regulator, L’autorité Nationale des Jeux (ANJ) will be “fully operational” in spring of this year, with Isabelle Falque-Pierrotin, currently state councillor for France’s National Commission for Data Protections, as its president.

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    Swedish gambling regulator Spelinspektionen has rejected a licence application from Finnplay subsidiary Viral Interactive to reintroduce Global Gaming’s Ninja Casino brand back into the country’s online gambling market.

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    The Betting and Gaming Council (BGC), the trade association for the UK gambling industry, has called on the government to ensure that the new Online Harms Bill includes action to crack down on unlicensed operators targeting consumers in the UK.

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    Kindred Group is to roll out its sports betting and online gaming services in Iowa and Indiana after signing a new multi-state agreement with operator Caesars Entertainment.

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    Stockholm-listed casino game developer NetEnt’s revenue increased slightly year-on-year to SEK1.79bn in 2019 as the company’s acquisiton of Red Tiger Games helped offset "weakness" in Sweden and Norway, but the supplier's profit declined.

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    Live dealer software provider Evolution Gaming has posted a year-on-year rise in revenue and profit for 2019, as it was boosted by increased commission income from both new and existing customers

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    Sports betting provider Kambi has put year-on-year revenue and profit growth in 2019 primarily down to its expansion into several new markets within the US.

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