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.
Bragg Gaming Group has reported strong growth in revenue for 2019, with the growth of its game development arm Oryx and diversification of the subsidiary’s customer base helping the business cut its net loss for the year.
Exclusive data from H2 Gambling Capital lays bare the decline in British betting and gaming gross win as a result of novel coronavirus (Covid-19), though iGB's principal data partner suggests the igaming sector should help the sector rebound.
Online gambling rates in Denmark have declined during a nationwide lockdown to limit the spread of the novel coronavirus (Covid-19), according to data from the country’s Gaming Authority (Spillemyndigheden).
The closure of Nevada’s casinos from 17 March as a result of the novel coronavirus (Covid-19) pandemic has resulted in gaming revenue falling 39.6% year-on-year, with the state’s sportsbooks hit especially hard.
A meeting of Germany’s heads of state in Berlin saw lawmakers approve gambling regulations to legalise online poker and casino from 1 July, 2021, as well as deciding on the location of the country’s new regulatory authority.
Sweden’s AB Trav och Galopp (ATG) posted the highest full-year revenue in the company’s history in 2019, though a decline in its core racing vertical and Sweden’s new gaming taxes hit operating profit for the year.
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.
Members of the German operator body the Deutscher Sportwettenverband (DSWV) have recommended the federal states remove the need for sports betting licensees to shut down their online casino offerings until the new State Treaty comes into effect.
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.
Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino benefitted from a leap in table games stakes.
A year of negotiations look set to conclude with bills to legalise online gaming and sports betting passing into law in Michigan, after the Senate passed Representative Brandt Iden’s proposals by significant margins.