Daily news

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    Spanish gambling revenue grew 12.5% year-on-year in the first quarter of 2020, thanks to growth across all verticals including sports betting, despite the suspension of major sporting events from mid-March due to novel coronavirus (Covid-19).

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    Dutch gambling regulator Kansspelautoriteit (KSA) has announced that its temporary leniency for online bingo announced on 1 May will come to an end this week, on 1 July.

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    More gamblers in Sweden have decreased play than increased during the novel coronavirus (Covid-19) pandemic, but more than a quarter of high risk customers are playing more according to a Lund University study.

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    South African gaming and entertainment business Tsogo Sun Gaming said it lost an estimated ZAR400m in revenue as a result of the novel coronavirus (Covid-19) pandemic disrupting operations in its fiscal year ended 31 March, 2020.

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    Colombian regulator Coljuegos has updated its gaming regulation to help the sector weather the effects of the novel coronavirus (Covid-19) pandemic, allowing for the operation of scratchcards and video bingo games.

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    Reach plc relaunches several gaming brands including Mirror Bingo, Express Wins and Star Wins, through a new supply partnership with Jumpman Gaming.

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    Tom Ustunel, betting and gaming director for media giant News UK, has stepped down from his position to pursue new opportunities in the sector.

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    The increase in remote gaming duty (RGD) from April 2019 led to significant hike in tax paid by Great Britain’s gambling licensees paid for the fiscal year ended 31 March 2020, mitigating a decline in machine gaming duty (MGD).

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    The Finnish Ministry of the Interior has issued a decree significantly reducing monthly and weekly loss limits for online casino offered by Veikkaus, while the monopoly operator has also announced that raffle draws will be suspended until further notice.

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    Online-only bingo games will now be permitted in Norway until 11 May, after the country’s gambling regulator Lotteri-og stiftelsestilsynet (Lotteritilsynet) announced yet another extension to the window in which the in-person registration requirement will be suspended.

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    Global gambling revenue is now estimated by H2 Gambling Capital to finish the year below the total for 2013 as the novel coronavirus (Covid-19) crisis continues to disrupt the sector

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    Spain’s online gambling market saw gross gaming revenue (GGR) grow 7.1% year-over-year to €748.5m (£638.5m/$821.5m) in 2019, despite the year concluding with a decline in fourth quarter revenue.

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    Spanish and Latin America-facing gaming operator Codere has reported a 5.9% year-on-year decline in revenue for 2019, after growth in European markets was offset by a currency fluctuations hitting the contribution from its Argentinean business.

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    New figures from the UK’s Advertising Standards Authority (ASA) reveal that children are now less likely to be exposed to gambling advertising on TV, though industry ads comprised a marginally higher percentage of all promotions seen.

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    Spain’s regulated online gaming market has reported a 5.4% year-on-year increase in gross gaming revenue for the third quarter of 2019, with the growth of online casino again supported by the recovery of the sports betting vertical.

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    The newly formed Gamesys Group has reported a 22.9% year-on-year increase in revenue for the third quarter of the year, aided by a turnaround in the operator’s Jackpotjoy operating division.

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    British media giant News UK has appointed Gaming Realms co-founder Simon Collins as its new managing director for betting and gaming.

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    International Game Technology (IGT) has signed an agreement to provide Finnish state-owned gaming operator Veikkaus with its PlayBingo platform.

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    Increased B2C revenue resulting from Playtech’s 2018 acquisition of Italy’s Snaitech offset a decline in B2B revenue for the gaming solutions giant in H1, though the deal also resulted in increased depreciation and amortisation, and financial costs, which hit profits.

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    GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.

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