Daily news

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    American Gaming Association and Betclic Everest bosses spell out respective visions of how to move the iGaming sector forward.

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    France's Pari Mutuel Urbain (PMU) recorded a 0.2% rise to €1.87bn in gross gaming revenues for the nine month period to the end of September and strong progress in its international activities, although its land-based business in France continued

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    888, Ladbrokes, GPI feature in our spaghetti western-inspired diary, while FTP tilt as casinos and Topping the Twitter feeds make guest appearances

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    French-licensed operator and sportsbook technology provider announces 24% annual rise in third quarter revenues across its B2C and B2B platforms.

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    Igaming generated a global gross win of €26.7bn in 2012, an increase of 7,2% on 2011 and is set to record a global gross win of €26.7bn in 2013, industry figures published by IGB data partner H2 Gambling Capital reveal.

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    France Pari and Sportech have signed a first-of-its-kind deal that will see them share their football pool betting liquidities in France and the UK.

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    News In Brief: All Slots Casino news launch, EveryMatrix NYoffice, Paddy Power moneybacks, UFX Markets ad campaign, Webis shares up

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    Greek-owned gaming and lottery operator Intralot has agreed a 10-year deal to become the technology provider for the Taiwan Sport Lottery Corporation (TSLC).

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    Australian gaming company Tabcorp has finalised an agreement with the New South Wales (NSW) Government for an extension to the exclusivity period of its regional retail wagering licence.

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    The Hong Kong Jockey Club has posted record turnover of HK$94.37 billion (€9.27 billion/$12.16 billion) for the 12 months until June 30 – a 12.3% year-on-year increase.

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    Betting exchange, casino and sportsbook operator Betfair has insisted that it remains on track to meet full-year expectations after reporting a 13% fall in year-on-year revenue. 

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    Ladbrokes has entered the Australian sports betting market with the acquisition of Bookmaker.com.au for AU$22.5m, approximately £13m.

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    UK bookmaker William Hill has completed a takeover of Spanish-facing betting provider Miapuesta.

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    Online poker’s slide in European markets continued as Denmark Gambling Authority (SKAT) published second quarter 2013 figures showing a DK5m drop in gross gaming revenues, to DK50m from DK55m in the first quarter of the year.

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    Central and Eastern European online and retail sportsbook operator Fortuna Entertainment Group has posted a 34.5% increase in net profit for the first half of 2013.

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    Financial analyst Davy Stockbrokers has rated shares in Irish bookmaker Paddy Power as “overvalued” due to the “competitive and tax-related headwinds” that the group is likely to face in the medium-term.

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    Pool and sportsbetting operator Sportech has announced flat year-on-year sales and a fall in profits in its interim results for the six months up to June 30.

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    William Hill will stop taking bets from China “for regulatory reasons”, the bookmaker informed its affiliates this week. The operator added that it would also no longer be taking bets from online gamblers based in Macau, Hong Kong and Taiwan.

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    Online gambling and betting provider mybet Holding has posted a three-per-cent increase in revenue to €34.9 million ($45.4 million) for the first half of the year – due in part to the strong performance of its Sports Betting and Casino & Poker segments.

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    UK bookmaker William Hill is to consider legal action against a proposed new online tax that will cut 15% from all online gaming profits from the end of next year, according to The Daily Express newspaper.

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