Daily news

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    Just under one in six Australians aged 16-17 gambled in the past year, according to the Longitudinal Study of Australian Children's (LSAC) annual statistical report.

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    Social casino operator KamaGames has announced a wide-ranging overhaul of its flagship Pokerist app, which sees the studio launch a social sports betting product for the first time. A range of additional features, including a new app guide, Alice and Wonderland-themed slot and referral programme for players, have also gone live.

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    Social betting startup Wager has launched its peer-to-peer betting platform for players in the UK market.

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    Social pool betting operator i-pools has launched a new, free-to-play fantasy horseracing game with a jackpot prize of £1m (€1.2m/$1.3m), while Matt Steer has been named chief executive of the business, after it closed a new funding round.

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    Strong growth in revenue failed to offset the impact of growing costs for Scientific Games in 2018, with the gaming solutions provider’s loss for the period growing to $352.4m (£269.3m/€310.1m). Revenue for the 12 months ended December 31, 2018 was up 9.1% year-on-year, with a marginal decline in gaming revenue - down 0.7% to $1.8bn - offset by strong growth in the social and digital divisions.

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    Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.

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    California-based National Basketball Association (NBA) side the Sacramento Kings is to launch a new in-stadium lounge where players can play a virtual currency predictive betting game, powered by betting and fantasy sports solutions provider Swish Analytics.

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    The parent company of New York-based multi-purpose venue Madison Square Garden could be set to move into the sports betting market after applying to trademark its MSG brand for sports wagering purposes across online, mobile and social media