Daily news

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    Gaming technology and payment solutions provider Everi Holdings says its business is showing signs of recovery in the early weeks of the third quarter, after seeing revenue plummet and losses mount in the first half of the year.

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    German gaming machine operator association Deutsche Spielbankenverband (DSbV) has called for payment providers to stop processing illegal gaming payments and for an end to “incoherent case law” around online gambling in the wake of the Wirecard scandal.

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    A total of 222,993 customers have availed of UK-based online bank Monzo’s gambling blocking feature since it was launched in June 2018, iGB understands.

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    The Swedish Gaming Inspectorate (Spelinspektionen) has issued a new information guide on money laundering to licensees, as well as publishing some of its observations on operators' current anti-money laundering actions.

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    Members of the Freie Demokratische Partei (FDP) have questioned the government of Lower Saxony (Niedersachsen) on payment blocking orders, suggesting the orders were not justified given the imminent liberalisation of the German online gambling market.

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    Global mobile payment and mobile identity company, Boku, has conditionally agreed to the acquisition of Estonia-based Fortumo Holdings and its subsidiaries in a deal with a maximum value of $41 million.

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    The feud between payments and know-your-customer services provider iSignThis (ISX) and the Australian Stock Exchange (ASX) has rumbled on, after ISX refused to provide the ASX with correspondence with shareholders over potentially delisting the company from the exchange.

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    Lithuania’s land-based casino industry faces a “very high” risk from money laundering, while the remote gambling sector faces a high risk, according to a risk assessment carried out by the country’s government.

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    International Game Technology (IGT) has announced the launch of its cashless gaming technology at Svenska Spel venues across Sweden.

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    iGaming software supplier and white label solutions provider EveryMatrix has named Samoil Dolejan as the new chief executive of its MoneyMatrix payment processing business.

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    The British Gambling Commission has once again reminded white label providers that they are considered responsible for their clients' actions, after a review into FSB Technology's licence concluded with the provider agreeing a £634,300 settlement with the regulator.

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    Gaming Innovation Group (GiG) has entered into a new partnership with open banking solutions provider Volt Technologies.

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    The German state of Lower Saxony (Niedersachsen) has issued a prohibition order to a payment service provider after ruling it processed transactions in connection with illegal online gambling activities in the country.

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    The Malta Gaming Authority (MGA) has signed a memorandum of understanding (MoU) with the Financial Intelligence Analysis Unit (FIAU) that means the two institutions will share data to tackle money laundering.

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    The British Gambling Commission has revealed the details of Matchbook operator Triplebet’s licence suspension, in which it reports serious failings in the areas of anti-money laundering (AML), social responsibility and due diligence checks into syndicates.

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    Generation X online gamblers are more likely to use credit cards than their millennial counterparts, who prefer debit cards, according to new research from payments provider PXP Financial.

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    UK-based mobile-focused bank Starling Bank has strengthened its gambling block by introducing a 48-hour delay for customers to reactivate gambling payments.

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    Isai Scheinberg, founder of PokerStars, has pled guilty in a New York court to running a multi-million dollar unlawful internet gambling business.

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    Sweden’s former horse racing monopoly operator Aktiebolaget Trav och Galopp (ATG) has introduced mandatory weekly loss limits for online casino games.

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    Betfred has acquired part of the customer database of insolvent MoPlay operator Addison Global and will return customer stakes on open bets, according to an email sent to customers.

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