Daily news

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    Sweden’s former horse racing monopoly operator Aktiebolaget Trav och Galopp (ATG) has reported a 6.6% year-on-year rise in net gaming revenue for 2019, despite a decline in income from horse racing betting in the country.

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    The Danish delegation to the Council of Europe has called upon European Union member states to address contentious elements of the Convention on the Manipulation of Sports Competitions to ensure it can be implemented across the bloc.

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    The Council of Europe’s (CoE) Convention on the Manipulation of Sports Competitions, also known as the Macolin Convention, is finally set to enter into force from September 1, though concerns remain over its definition of illegal sports betting.

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    London-listed Sportech has described 2018 as a challenging year for the business, which resulted in revenue declining 3.9%, though highlighted the success of cost control efforts that helped the business cut losses for the period.

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    William Hill has posted a £721.9m (€840.3m/$955.8m) pre-tax loss for 2018, as a result of an £882.8m write-down of the value of its retail business ahead of maximum B2 machine stakes being cut to £2 from April. Despite this, the operator hailed good underlying progress achieved over the year, with 2018 revenue up 2% year-on-year to £1.6bn.

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    SIS has announced it is to relaunch its retail television service to bookmakers.

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    SIS has agreed a deal to begin streaming virtual racing games from Inspired Gaming Group's 49s brand to online customers.

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    Spanish gaming group Codere has appointed Alejandro Pascual as the new chief operating officer of its Codere Europe operation.

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    Stars in their eyes

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    France’s Competition Authority to issue PMU online-offline split directives in the next couple of months.