Daily news

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    Camelot UK Lotteries has revealed the UK National Lottery was able to generate a record £7.91bn (€8.90bn/$9.90bn) in total ticket sales in its 2019-20 fiscal year, aided by significant year-on-year growth from its digital offering.

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    Lithuania’s land-based casino industry faces a “very high” risk from money laundering, while the remote gambling sector faces a high risk, according to a risk assessment carried out by the country’s government.

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    German state lottery Lotto Thüringen has unveiled a revamped online portal for players, following a comprehensive rebuild of its site carried out by IT service provider Adesso.

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    A fine issued by Sweden’s gambling regulator in 2017 to a news portal that linked to unlicensed gambling sites has been upheld by the Jönköping Administrative Court of Appeal.

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    Danish gaming operator Danske Spil has reported a marginal year-over-year increase in revenue for the first quarter of 2020, with declines in its igaming and gaming machine arms mitigated by growth in its lottery business.

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    Scientific Games saw revenue decline 13.0% to $725m and losses increase to $159m as the novel coronavirus (Covid-19) hit the business in terms of both lower revenue and higher impairment costs.

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    Greek gaming and lotteries giant Intralot has seen its net loss from continuing operations grow to €111.9m in 2019, after what the business described as a “transition year” in which group turnover and gross revenue both fell.

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    The long-running dispute between Nigeria’s gambling regulator the National Lottery Regulatory Commission (NLRC) and the Lagos State Lottery Board (LSLB) could resume after the state regulator blacklisted a number of operators licensed by its federal counterpart.

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    Sazka Group has reported a 6.0% year-on-year rise in gross gaming revenue for 2019, with all subsidiaries growing during the year, while the sale of its Croatian subsidiary has more than doubled net profit for the period.

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    Finnish gambling monopoly Veikkaus has revealed that the shut-down of its retail gaming network and significantly reduced sports betting options, both due to the novel coronavirus (Covid-19) pandemic has cut revenue by around 40.6%.

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    French gaming giant La Française des Jeux (FDJ) has reported a 5.4% year-on-year decline in stakes, and 0.9% decline in revenue, for the first quarter of 2020.

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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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