Daily news

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    Latvia’s parliament has approved proposals to raise certain land-based gaming taxes in the country, including the measures in the 2020 budget.

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    Gaming technology supplier PlayAGS has posted a net loss of $5.5m for the third quarter, despite also reporting an increase in revenue for the period.

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    Playtech has entered into a new partnership with GVC Holdings to launch Elevation, a new, dedicated live casino studio for the operator.

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    Casino giant Genting Group has struck a deal to acquire LeoVegas’ live dealer solutions subsidiary Authentic Gaming in a €15m deal. (£12.9m/$16.7m).

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    Live dealer software supplier Evolution Gaming said its investment in new products and the expansion of its studios has led to a year-on-year increase in revenue and profit during the third quarter of 2019.

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    The Latvian parliament has submitted a proposal for the country's 2020 budget to increase gaming taxes levied on land-based gambling in the country.

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    Licensed sportsbook operators in Pennsylvania generated collective revenue of $19.4m (£15.1m/€17.4m) in the second full month of regulated sports wagering, while interactive gaming revenue in September amounted to $5.3m.

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    Live dealer software supplier Evolution Gaming has extended its relationship with Scientific Games by adding its range of Live Casino solutions to the Open Gaming System (OGS) distribution network.

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    State-wide gambling revenue in Pennsylvania amounted to $3.29bn in the 2018-19 financial year as the introduction of legal sports betting and higher income from slots gaming boosted the state .

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    Nevada’s sportsbook handle for the month of August remained behind New Jersey for August, despite a 22.1% increase to $287.8m, while overall casino revenue slipped back below $1bn at $952.4m.

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    OPAP-controlled online gaming operator Stoiximan Group has agreed a deal to launch a range of live casino content from Evolution Gaming.

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    The Pokagon Band of Potawatomi Indians, which operates the Four Winds chain of casinos in Indiana and Michigan, has begun negotiations to introduce Class III games, including sports betting, in its South Bend, Indiana venue.

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    Gambling operator Genting has opted to bring its online product range together under a single brand, with its online casino, live casino and sportsbook offering now available under the GentingBet name.

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    Nevada has once again seen its sportsbook handle fall below that of New Jersey, with customers in the state wagering a total of $235.7m in July. 

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    Pennsylvania’s licensed operators have generated revenue of $812,306 in the first sixteen days following the opening of the state’s regulated igaming market, with customers wagering almost $50m.

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    The Nevada sports betting handle moved back ahead of New Jersey after the largest June intake in the state’s history, helping to bring total state gaming revenue back over $1bn for the first time since March 2019.

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    Gambling revenue in Pennsylvania reached a record $3.3bn (£2.6bn/€2.9bn) in the 2018-19 fiscal year, as the US state was boosted by additional income from regulated sports wagering.

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    iGaming solutions giant Playtech has moved to enhance its live casino portfolio by launching two new roulette titles and revamping its Hi-Lo game.

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    Swiss gambling regulator Eidgenössische Spielbankenkommission (ESBK) has reported a 3.4% year-on-year increase in revenue from the country’s land-based casinos in 2018, driven largely by the slot vertical.

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    Following the news that its Swedish operating licence had been revoked, Global Gaming has pledged to fight the decision. Earlier today Swedish regulator Spelinspektionen cited significant failings in the operator's social responsiblity and anti-money laundering controls as grounds for removing the certification.

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