Daily news

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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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    Atlantic Lottery reported a net profit of CAD$422.2m, up 0.7% year-on-year and ahead of the company’s target of CAD$419.4m for the fiscal year ending 31 March, 2019, thanks to a high level of rollover MaxMillions jackpots.

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    More than 40% of Welsh students aged 11-16 said they gambled in the last year, though activity was predominantly centred around fruit machines and the National Lottery, according to a new study from Cardiff University.

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    A new survey conducted by Thailand's Centre for Gambling Studies and Centre for Social and Business Development has revealed that as much as 57% of the country's citizens have gambled during the past year.

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    A Washington D.C. court has temporarily suspended Greek lottery operator Intralot’s contract to operate lottery services and sports betting in the district, indicating that there is “substantial likelihood” that a lawsuit alleging the deal violates federal law succeeds.

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    German lottery provider Zeal Networks will move its registered office from London back to Germany following the company’s acquisition of Lotto24.

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    Scientific Games has agreed a deal to provide its WAVE retailer terminals and associated services to Italian pari-mutuel games operator Sisal on an exclusive basis.

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    AGTech Holdings has further enhanced its position in the Chinese market by securing two contracts to supply sports lottery terminals in the provinces of Jiangsu and Heilongjiang. The lottery solutions provider agreed the deals through its Beijing AGTech GOT Technology subsidiary.

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    Czech lottery and gaming giant Sazka Group has reported a 6% year-on-year increase in gross gaming revenue to €908.5m for the first half of 2019, while profit for the period was boosted by the sale of its Croatian business to Emma Capital.

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    The Brazilian lottery market has reported a 52.6% year-on-year increase in revenue for the second quarter of 2019, with the market benefitting from the contribution from the Mega-Sena game more than doubling over the period.

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    Major League Baseball (MLB) is to become the first professional US sports league to enter the lottery market after announcing plans to launch a new game in partnership with EquiLottery Games.

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    Scientific Games has confirmed that it has been granted a 10-year contract to supply instant win games and its retail technology to Turkish national lottery Milli Piyango, further strengthening its presence in the country’s gaming market.

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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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    Happy Friday iGamers! This week Diary ponders the lengths Kenya's football fans will go to, considers the knock-on impact of Lottoland's Australian win and casts its eye over Rank's Brexit menu.

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    The Department of Justice (DoJ) has finally confirmed its intention to appeal the New Hampshire court ruling that set aside its revised opinion on the 1961 Wire Act.

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    Lottoland has won a major court battle against the Australian Communication and Media Authority, as the Supreme Court of New South Wales ruled the company’s jackpot betting products are fully compliant with Australian law.

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    International Game Technology (IGT) has reached a settlement with video slot manufacturer GC2 Incorporated over a dispute related to copyright infringement and intellectual property licensing rights on certain gaming content. The supplier has also struck a deal to update the Oregon Lottery's central computer system with its INTELLIGEN software.

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    Zeal Networks has reported marginal revenue growth for the first half of 2019, with a positive contribution from the recently acquired Lotto24 business offsetting a decline caused by the closing of its Lotto Network and Venture24 brokerage businesses.

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    Australia’s Tabcorp has reported revenue of AUD$5.5bn (£3.08bn/€3.32bn/$3.71bn) for its financial year ended 30 June, 2019, strong growth in lottery revenue offsetting a decline in revenue from its Wagering & Media division over the year.

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    AGTech Holdings has reported a 22.7% year-on-year decline in revenue for the first six months of 2019, which was blamed on a HK$16.5m (£1.7m/€1.9m/$2.1m) decline in lottery hardware sales over the period.

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