Daily news

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    The Massachusetts Lottery has extended its retail management deal with Scientific Games for a further three years.

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    The latest edition of Sweden’s annual survey on gambling participation has revealed that the percentage of the country’s adult population has dropped six percentage points in the past year.

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    Lottery solutions provider Pollard Banknote has struck a deal to acquire London-based mobile app developer Mkodo for an initial purchase price of £7.8m.

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    International Game Technology (IGT) has announced that Alberto Fornaro is to step down as its chief financial officer, with Timothy Rishton set to take on the role on an interim basis.

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    Lottery and gaming solutions provider Intralot has once again reported a year-on-year decline in quarterly revenue, with the total for the three months to 30 September falling 5.4%.

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    Swedish operator Hero Gaming has announced plans to launch a new flagship casino brand, Boom Gaming, as well as a new lottery betting product.

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    French gaming operator La Française des Jeux (FDJ) has agreed a deal to acquire payment service provider Bimedia from private equity and venture capital firm Idinvest Partners.

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    Lottery betting operator Lottoland has rebranded its business-to-business arm as ALOT Solutions in an effort to provide a clear distinction between its various divisions.

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    France’s Agence des participations de l’État (APE) has hailed the success of the initial public offering of gaming giant La Française des Jeux (FDJ), which could generate proceeds of €1.89bn for the state.

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    Australian lotteries and betting operator Tabcorp has revealed that Mandy Ross is to step down as its chief information officer in order to take up the role of chief digital officer with Griffith University in Brisbane.

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    Latvian gambling regulator the Lotteries and Gambling Supervisory Inspection (IAUI) has revealed that 127 people have so far accessed new, state-funded psychologist support for consumers affected by gambling-related problems.

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    The Hellenic Competition Commission (HCC) has given its approval to OPAP’s pending acquisition of a majority stake in Stoiximan Group’s Greek and Cypriot operations.

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    Veikkaus has announced that it will speed up the implementation of its social responsibility strategy, by introducing new marketing controls and bringing forward the introduction of compulsory identification on slot machines by a year.

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    Brazil’s Investment Partnership Programme (PPI) has awarded a consortium comprising International Game Technology and Scientific Games the tender to operate the state-owned instant win gaming business Loteria Exclusiva Instantânea (Lotex).

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    The Deutsche Automatenwirtschaft (DAW), the umbrella organisation for Germany’s gaming machine associations, has highlighted a number of key issues that must be addressed as lawmakers prepare to begin discussions over the re-regulation of the country’s gambling market.

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    French gaming operator La Française des Jeux (FDJ) has secured approval from the country’s stock market regulator to proceed with its initial public offering (IPO), in a move that marks the first step towards the privatisation of the business.

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    London-listed lottery brokerage Zeal Network has retaken control of its former subsidiary Tipp24 and added the business to its German secondary lottery arm.

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    Brazil’s Investment Partnership Programme (PPI) has adopted a new tactic as it looks to finally privatise the country’s instant win gaming business Loteria Exclusiva Instantânea (Lotex), allowing bidders to pay their winning fee in eight installments.

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    Finnish gambling monopoly Veikkaus has appointed Regina Sippel as its new chief financial officer and announced an organisational restructuring that sees a number of executives take on additional duties.

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    A new study into the potential risks and rewards that would arise from Norway’s current gambling monopoly being replaced by a regime allowing offshore operators into the market has concluded that such a move could see problem gambling rise. This could also result in funds generated by Norsk Tipping for Norwegian society fall by as much as NOK1.3bn.

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