Daily news

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    Chinese lottery provider 500.com has appointed accountancy firm MaloneBailey to provide support and advice on matters related to a case of alleged unlawful payments within the business after its previous auditor resigned amid a management dispute.

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    Scientific Games has appointed Tim Throsby, former chief executive of Barclays Bank, as an independent director and member of its board.

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    International Game Technology (IGT) has signed a two-year extension to its instant ticket games contract with the Minnesota Lottery in the US.

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    The Nigerian Lottery Regulatory Commission (NLRC) is seeking to work with the country’s Financial Intelligence Unit (NFIU) to stop gamblers in the country playing via unregulated sites.

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    The Tennessee Education Lottery’s Sports Wagering Committee has conditionally approved sports betting licences for a trio of high-profile operators, as the state moves closer to the November 1 launch date for the vertical.

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    Tabcorp has agreed to sell its 11/6% stake in online lottery business Jumbo Interactive for AUS$97.8m (£55.1m/€60.0m/$70.1m).

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    The Pennsylvania Lottery has issued a warning over a new scam being used to steal money from players in the state.

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    The Turkish National Lottery's instant ticket retail and digital gaming systems, supplied by Scientific Games, have gone live across 5,000 retailers, with a plan to double that number by the end of 2020.

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    Greek gaming and lotteries operator and supplier Intralot has partnered Microsoft to deploy the technology giant's cloud platform as it looks to enhance its digital capabilities.

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    Mary Harville has been unveiled as the new president and chief executive of the Kentucky Lottery Corporation.

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    The Ministry of Finance of Sachsen-Anhalt has officially dismissed the managing directors of Lotto-Toto Sachsen-Anhalt amid an ongoing investigation into potential misconduct at the state lottery.

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    Scientific Games has signed an extension to its instant win supply deal with the Dutch National Lottery (Nederlandse Loterij).

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    Australian lotteries and gaming giant Tabcorp has raised approximately AU$230m from the sale of shares to retail investors, taking its total proceeds from an accelerated entitlement offer to $600m.

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    Loto Québec’s revenue for the year ended 31 March dipped by 3.1% to CAD$2.74bn (US$2.08bn) and profit declined to $1.35bn, but the operator said both figures remained above target despite the effects of the novel coronavirus (Covid-19) pandemic in

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    Betting technology supplier Sportech has been accepted as an associate member of the North American Association of State and Provincial Lotteries (NASPL).

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    Swedish gambling revenue for the second quarter of 2020 fell 4.1% to SEK5.94bn (£530.6m/€572.4m/$687.9m) as a 3.6% increase in online gambling revenue was not enough to offset the effects of the novel coronavirus (Covid-19) on the land-based sector.

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    Czech gaming conglomerate Sazka Group says it is showing signs of recovery following the novel coronavirus (Covid-19) shut-down, which resulted in revenue and profit falling in the first half of 2020.

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    Chinese lottery provider 500.com announced the resumption of activity in Sweden, via its The Multi Group (TMG) lottery betting subsidiary, having renewed its online gaming licence in the jursidiction for the next two years.

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    Revenue for Sazka Group-owned Greek gaming giant OPAP fell 34.8% year-on-year in the first half of the year due to the disruption caused by novel coronavirus (Covid-19). However, the operator said it saw performance rapidly recover once lockdown restrictions in Greece were eased and sporting events resumed.

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    Danish gaming operator Danske Spil saw revenue decline 7.8% year-on-year to DKK2.30bn (£281.1m/€309.1m/$365.2m) for the six months to 30 June, though like-for-like profit fell by just 2.9% thanks to a strong period for its lottery division and lower costs.

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