A sports betting bill introduced earlier in April has been voted through the Colorado’s House of Representatives and transferred to the Senate, but only has until May 3 to progress through the state legislature. The bill has already been passed by the Finance and Appropriations Committees in the upper chamber.
Italy’s advertising and communications regulator Autorità per le Garanzie nelle Comunicazioni (AGCOM) has finally set out exactly how it plans to enforce the country’s ban on gambling advertising. The watchdog will permit information about odds or jackpots to be reported by Italian media, while land-based operators will be allowed to display branding in shop windows.
Spain’s leading gaming trade association the Consejo Empresarial del Juego (CEJUEGO) has been incorporated into the country’s umbrella body for industry groups, the Confederación Española de Organizaciones Empresariales (CEOE). The country's gambling industry is likely to face higher taxes and new advertising restrictions following the victory of the Socialist Workers' Party in the country's third general election in less than four years.
The Jockey Club, the UK’s largest commercial horse racing organisation, has reported a 6.7% year-on-year increase in revenue to £214.6m (€248.6m/$277.0m) for 2018, but warned betting shop closures are likely to impact industry growth in 2019.
The Gambling Commission of England, Scotland and Wales aims to make faster progress on reducing gambling related harms through its new National Strategy to Reduce Gambling Harms, with a focus on improving prevention and education efforts and enhancing treatment and support.
Swedish gaming operator Svenska Spel has reported a 5.9% decline in net gaming revenue for the first quarter of 2019, with growth in the new Sport & Casino igaming division offset by struggles in its lottery and land-based gaming units.
Mississippi’s regulated sports betting market has seen revenue grow strongly in March, as a result of punters betting heavily on basketball over the month. Handle climbed to $32.4m, with a market hold of 15.11% resulting in $4.9m of taxable revenue.
Betfred has unveiled a suite of managed sports betting and trading products, specifically developed for the US market. The bookmaker is working with SCCG Management as it looks to win clients in the tribal and non-tribal sectors.
US casino operator Delaware North has filed a lawsuit against its sports betting joint venture partner Miomni Gaming, accusing the supplier and its CEO Michael Venner of engaging in “an ongoing pattern of misrepresentation and bad faith” throughout the partnership.
Sweden’s newly regulated igaming market has generated total turnover of SEK3.29bn (£271.3m/€313.8m/$352.8m) in the first quarter of the year, with former horse racing monopoly AB Trav och Galopp (ATG) dominating the channel. Svenska Spel Sport & Casino and ATG accounted for 50% of online market turnover over the three month period.
French gaming operator La Française des Jeux (FDJ) has set out plans to ramp up corporate social responsiblity (CSR) efforts as part of a wider effort to clamp down on issues such as underage gambling, fraud and money laundering.
Greek lotteries and gaming solutions provider Intralot is to launch a cost reduction plan after reporting declines in turnover for all key operating segments in its 2018 results, with its struggles blamed on foreign exchange losses and the failure to secure new supply contracts during the year.