Daily news

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    Global gambling revenue is now estimated by H2 Gambling Capital to finish the year below the total for 2013 as the novel coronavirus (Covid-19) crisis continues to disrupt the sector

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    Sportsbook technology provider SBTech has entered the South African market though a new partnership with local operator Bet.co.za.

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    Greek gaming operator OPAP has begun the process of identifying a successor to chief executive Damian Cope, who is to step down from the role when his four-year contract comes to an end.

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    Greek gaming operator OPAP has reported a 4.7% year-on-year increase in revenue for 2019, though the shut-down of its retail network in the country looks set to have a significant impact on revenue and earnings in 2020.

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    The executive leadership of Scientific Games has voluntarily reduced its salaries by 50%, with chief executive Barry Cottle going without pay, as part of the solutions giant’s efforts to mitigate the novel coronavirus (Covid-19) pandemic.

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    Bosnia-based igaming solutions provider NSoft has announced that it will offer its portfolio of virtual and draw-based games free of charge to help operators mitigate the impact of novel coronavirus (Covid-19) on their businesses.

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    Businesses across the gambling industry continue to see the effects of the novel coronavirus disease (Covid-19), with several issuing trading updates on how the pandemic may affect their earnings.

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    German gaming giant Gauselmann Group has acquired what it describes as a “significant majority stake” in igaming platform provider Bede Gaming.

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    Intralot has appointed Christos Dimitriadis, currently group chief services and delivery officer, as its permanent chief executive.

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    French gaming giant La Française des Jeux (FDJ) has projected 5% growth in both player stakes and revenue for 2020, after a “landmark” 2019 that saw the operator list on the Euronext Paris and net revenue rise to €1.96bn.

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    The Gambling Commission of Great Britain has explained how its ban on gambling with credit cards will affect remote lotteries, as well as confirming that the prohibition will extend to the use of credit cards to fund e-wallets.

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    While the fact German state lawmakers have reached a consensus on the future regulatory model for gambling has been welcomed, iGamingBusiness.com can reveal that the proposed controls for online slots and casino could bring further pain for the industry.

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    Schleswig-Holstein claims that Germany’s 16 federal states have made a breakthrough in negotiations over a new State Treaty on Gambling, describing the agreed model as a “really good result” for all jurisdictions.

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    The Global Lottery Monitoring System (GLMS), the sports betting integrity body for the lottery industry, has revealed that it flagged 157 matches to its partner network for potentially suspicious activity in 2019, with football once again dominating.

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    Germany’s state lottery association the Deutscher Lotto- und Totoblock (DLTB) has reported a marginal decline in amounts wagered on lotteries for 2019.

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    New figures from the UK’s Advertising Standards Authority (ASA) reveal that children are now less likely to be exposed to gambling advertising on TV, though industry ads comprised a marginally higher percentage of all promotions seen.

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    A number of high-profile gaming businesses look set to compete in the tender process, which could see the contract to operate the UK National Lottery wrestled away from long-term incumbent Camelot for the first time.

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    The Montana Lottery is now accepting licence applications from businesses looking to offer the lottery’s new sports betting product, Sports Bet Montana. 

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    France’s Agence des participations de l’État (APE) has confirmed that the initial public offering of share in lottery and gaming giant La Française des Jeux (FDJ) has raised €1.89bn for state coffers.

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    The Australian Banking Association (ABA) is looking to gather stakeholder feedback on potential restrictions on the use of credit cards to fund online gambling, and how banks can help better protect players. Interested parties will have until 4 March, 2020 to share their views on controls such as an outright ban, and how and when this could be implemented.

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