Daily news

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    SBTech may be formally confirmed as the Oregon State Lottery’s (OSL) sports betting partner later this month, though its selection as the preferred vendor has been protested by Scientific Games, a rival bidder for the contract.

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    Lottoland has rolled out its lottery betting offering in the South African market after the operator was granted two licences by the country’s Western Cape Gambling and Racing Board.

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    Greek gaming operator OPAP has cited a higher contribution from video lottery terminals and an improved performance by its KINO lottery game as the main factors behind a 6.3% year-on-year increase in revenue for 2018.

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    Lotto betting start-up MegaLotto has appointed Grant Williams, previously online managing director at William Hill, as its chief executive. Williams will begin his new role on April 1.

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    Zeal Network has cited the acquisition of a record number of new customers as the main reason behind year-on-year financial growth in 2018, describing the year as a “milestone” 12 months for the lottery brokerage.

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    Online lottery betting provider Multilotto and Swedish convenience store chain Direkten have joined forces to launch a new in-shop gaming platform. The service will now be rolled out in 30 shops across the country.

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    Online gaming software supplier Bede Gaming has been accepted as an associate member of the European Lotteries Association.

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    Lottery betting operator Lottoland has reiterated its commitment to its current home in Gibraltar despite securing two licences by the Malta Gaming Authority.

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    Chinese online sports lottery provider 500.com has reported increased operating losses for 2018, despite experiencing a 73.7% year-on-year rise in revenue.

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    The Swedish gambling market saw revenue grow 1.5% in 2018, driven by growth in regulated and offshore igaming. Total revenue increased to SEK23.4bn (£1.9bn/€2.2bn/$2.5bn), with a 2.3% year-on-year decline in regulated market revenue to SEK16.7bn.

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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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    Florida lawmakers will this week run the rule over a bill that could lead to an outright ban on the sale of lottery tickets and games online.

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    New Hampshire has launched a legal challenge against the US Department of Justice's revised opinion on the Wire Act, arguing that the new stance is not faithful to the text, structure, purpose, or legislative history of the legislation.

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    The Delaware Lottery’s igaming offering enjoyed a strong start to 2019, with revenue up 57.9% year-on-year, driven largely by the performance of Dover Downs.

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    Finnish gaming monopoly operator Veikkaus has pledged to develop its digital offering over the next three years to ensure it doesn’t see profits cannibalised by offshore competition, after announcing slight declines in turnover and profit for 2018.

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    Zeal Network has taken a step towards completing its acquisition of Lotto24 after the Lower Saxony Ministry of the Interior approved a request to launch lottery brokerage services via its Tipp24 domains.

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    Scientific Games has partnered with National Lottery Bulgaria to support launch of a new digital gaming service for consumers in the country.

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    Betting technology business Sportech has finalised its acquisition of UK-based iLottery solutions provider LOT.TO systems.

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    Lottery brokerage Zeal Network has published details of the all-share voluntary takeover offer for its former subsidiary Lotto24

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    Zeal Network has increased its profit guidance for the 2018 financial year, with the lottery brokerage now expecting to post between €37m and €39m in earnings before interest and tax following a strong performance in the final two months of 2018.

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