Daily news

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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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    International Game Technology has extended its supply deal with the DC Lottery, which will see it provide instant win games and related services to the Washington DC-based lottery until December this year.

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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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    Lottery betting company Multilotto has named Christian Hellbjer as its new chief executive, following the departure of Thomas Biro.

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    French gaming operator La Française des Jeux (FDJ) has reported a 4.4% year-on-year increase in amounts wagered by players in 2018, with the operator bolstered by increased online sales and sports betting activity.

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    Lottoland has expressed its disappointment at the decision of Zeal Network shareholders to approve the company’s pending acquisition of former subsidiary Lotto24, claiming that the operator has failed to secure a mandate to proceed with the deal.

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    Shareholders of London-listed lottery brokerage Zeal Network have voted in favour of necessary preconditions for the company’s disputed takeover offer for its former subsidiary Lotto24.

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    Lottery operator's board hope intervention will persuade shareholders to back Lotto24 bid as Lottoland CEO ups the ante with further allegations

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    Lottoland Australia has said that a new betting product based on financial markets does not breach gambling laws in the country, despite facing an official complaint against the service

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