Daily news

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    The Rank Group has announced a year-on-year increase in net gaming revenue and profit after tax for the first half of its financial year, driven by growth in its digital, Grosvenor venues and international venues divisions.

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    Problem gambling funding body GambleAware has revealed that GVC Holdings pledged to donate the most money in the nine months to 31 December 2019, despite not adding to the amount it committed to in the first half of the year.

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    The Rank Group has said that it is likely to post better-than-expected operating profit for the 12 months through to 30 June, 2020, due to positive trading within its digital and Grosvenor Casino and international land-based venues businesses.

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    The GB Gambling Commission has announced that it will introduce a ban on the use of credit cards for all forms of online and land-based gambling from 14 April.

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    New figures from the UK’s Advertising Standards Authority (ASA) reveal that children are now less likely to be exposed to gambling advertising on TV, though industry ads comprised a marginally higher percentage of all promotions seen.

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    GVC Holdings has claimed an industry first by launching a cashout functionality for its Foxy Bingo brand. It will allow players waiting for a single number a guaranteed payout.

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    The GB Gambling Commission has unveiled a new service whereby personal licence holders can securely manage their accounts online and via mobile.

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    Online gaming revenue generated by operators across the European Union (EU) in 2018 amounted to €22.2bn (£18.7bn/$24.6bn), with the market expected to grow to almost €30bn by 2022.

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    Ireland’s parliament has passed an amended version of the Gaming and Lotteries (Amendment) Bill 2019 after protests against the maximum amount of money bingo operators could pay out in the initial version of the bill.

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    Spain’s regulated online gaming market has reported a 5.4% year-on-year increase in gross gaming revenue for the third quarter of 2019, with the growth of online casino again supported by the recovery of the sports betting vertical.

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    Peter Hannibal, chief executive of UK industry organisation the Gambling Business Group (GBG), has called on the market to begin preparations for what he said is now an ‘inevitable’ overhaul of national legislation.

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    BetBlocker, the responsible gambling app funded and developed by alternative dispute mediation service ThePOGG.com, has been approved as a charity in the UK.

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    Spanish igaming operator association JDigital has proposed a series of changes to the code of conduct that governs gambling advertising in the market, including an outright ban on betting adverts during live televised sports events, which are due to come into force in January 2020.

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    Banking group HSBC UK has joined forces with industry charities GamCare and GambleAware to develop and launch a new self-restriction tool to enable its customers to block gambling transactions on their accounts.

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    The newly formed Gamesys Group has reported a 22.9% year-on-year increase in revenue for the third quarter of the year, aided by a turnaround in the operator’s Jackpotjoy operating division.

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    Various major operators have declared their support for a new, UK-facing safer gambling initiative aimed at addressing the harm gambling can cause to consumers and young people.

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    British media giant News UK has appointed Gaming Realms co-founder Simon Collins as its new managing director for betting and gaming.

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    The Czech Republic Ministry of Finance has defended its decision to introduce higher taxes on certain gambling activities, after a national newspaper claimed the increases would harm the country's land-based market.

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    Problem gambling funding body GambleAware has revealed that GVC Holdings topped its list of pledges for the six months to 30 September 2019, with the Ladbrokes Coral owner committing a total of £1.46m (€1.69m/$1.86m) during the period.

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    Rank Group has reported an 8% year-on-year increase in gross gaming revenue for the three months to 30 September 2019, after it was boosted by growth in its digital arm and Grosvenor Casino land-based business.

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