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.
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.
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.
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.
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.
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.
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.
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.
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.
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.