Daily news

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    MoPlay operator Addison Global - which has seen its licences in Gibraltar and Great Britain suspended over financial issues  - is currently without a management team following mass resignations, iGaming Business understands.

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    Sports data services provider Sportradar has entered into a data and content partnership with sports betting analytics specialist The Action Network.

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    The Mississippi Gaming Commission has revealed that sports wagering revenue increased 64.5% year-on-year to $4.6m in January, while the state’s handle also climbed by $10.0m.

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    Lawmakers in Connecticut are to run the rule over several new bills that would legalise sports betting in the state, though the legislation is dependent on Governor Ned Lamont reaching agreements with the Mashantucket Pequot and Mohegan tribes.

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    The British Gambling Commission has followed its counterpart in Gibraltar by suspending the licence of Addison Global, which operates sports betting site MoPlay, as it conducts a review of the operator.

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    The German association of private media businesses, Vaunet, has called on state lawmakers to remove advertising restrictions set to impact broadcasters in the new gambling regulatory framework currently under discussion.

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    Addison Global, which operates sports betting brand MoPlay, has had its licence suspended by Gibraltar’s gambling regulator amid reports that the company is facing serious financial difficulties. 

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    Global Gaming has seen revenue slashed and the business incur losses after a tumultuous 2019 that saw the operator lose its Swedish licence, but chief executive Tobias Fagerlund believes the business can turn things around in the long term.

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    Affiliate marketing giant Catena Media has reported a full-year loss of €10.5m (£8.8m/$11.3m) for 2019, primarily due to impairment charges related to assets acquired between 2016 and 2018, while all core business units struggled in the period.

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    DraftKings has extended its digital sports betting reach into Iowa by rolling out a mobile sportsbook offering, in partnership with Wild Rose Casinos and Resorts in the state.

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    The Pennsylvania Gaming Control Board (PGCB) has reported a 16.9% year-on-year rise in gambling revenue for January, aided by growing contributions from igaming and sports betting. 

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    A member of Northern Ireland’s legislative assembly has submitted proposals to reform the country’s gambling laws, which have not been updated since 1985, to introduce a gambling regulator, regulations for online gambling and a ban on bonuses.

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    Ahead of a meeting of German lawmakers in Nordrhein-Westphalen today (19 February), the European Gaming and Betting Association (EGBA) has proposed a series of changes to ensure a successful re-regulation of the country’s igaming market.

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    The UK Tote Group, the consortium of racecourse owners formerly known as Alizeti, has launched a new website for UK pool betting service the Tote.

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    German lottery broker Zeal Network’s revenue and earnings declined in 2019, but the business said the year was still a success despite the acquisition of Lotto24 and move away from secondary lotteries affecting its financial performance.

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    Sports betting provider Kambi has been elected as the latest member of Branschföreningen för Onlinespel (BOS), Sweden’s igaming operator trade association.

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    Gaming Innovation Group (GiG) has further expanded its presence in the US after it was granted approval by the Pennsylvania Gaming Control Board to begin offering its affiliate services in the state.

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    The Australian Competition and Consumer Commission (ACCC) has granted its approval to the proposed mega-merger between Flutter Entertainment and The Stars Group (TSG).

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    Lotteries and keno helped Tabcorp’s revenues to increase to 4.4% to $2.91bn for the six months ended 31 December, 2019, even as the operator’s wagering vertical faced integration issues and the gaming services vertical struggled.

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    Affiliate marketing giant Better Collective has reported a 66.6% year-on-year increase in revenue for 2019, aided by a record-breaking fourth quarter performance.

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