Daily news

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    Social games developer Zynga has increased its full year revenue guidance for its 2020 financial year, despite reporting an increased net loss for the first half of the year.

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    Social gaming giant Zynga will follow its $1.85bn acquisition of Peak with a deal for a second Turkish games developer, Istanbul-based Rollic.

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    South Korean social gaming operator DoubleU Games saw revenue for the first half of 2020 rise 27.6% year-on-year to KRW326.2bn (£211.6m/€232.3m/$271.9m), aided by the sixth consecutive quarter of growth from DoubleDown Interactive.

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    The International Betting Integrity Association (IBIA) has called for online in-play betting in Australia, claiming the lack of legal live wagering contributes to "stubbornly high" levels of offshore activity.

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    B2B fantasy sports supplier Scout Gaming announced it will launch a follow-on from last year’s Premier League season-long fantasy contest, The Quarter Million, by offering a guaranteed prize pool of €1m for the 2020-21 season.

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    Boyd Gaming has relaunched its Stardust brand as a free-to-play gaming product for the second time, with the offering now live for iOS and Android devices. 

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    Free-to-play variants of Inspired Entertainment’s virtual sports titles will be made available to US customers through FendOff Sports, a new social casino platform operated by the developers behind Chumba Casino.

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    Social games developer Zynga has completed its acquisition of Peak, the mobile gaming business behind the Toon Blast and Toy Blast game franchises, for a total purchase price of $1.85bn (£1.48bn/€1.65bn).

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    South Korean social gaming giant DoubleU Games has announced that it will put plans to list its social casino subsidiary DoubleDown Interactive on the Nasdaq stock exchange on hold, blaming economic uncertainty.

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    Social sports betting startup Who Knows Wins has revealed that it was able to secure “substantial” investment during a recent round of fundraising.

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    Dutch gambling regulator Kansspelautoriteit (KSA) has announced that its temporary leniency for online bingo announced on 1 May will come to an end this week, on 1 July.

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    SciPlay, the social gaming division of Scientific Games, has expanded into the casual games sector through the acquisition of mobile developer Come2Play.

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    California-based parent Rebecca Taylor has filed a class action complaint against tech giant Apple, alleging that by providing games containing loot box mechanisms through its App Store, Apple is complicit in or guilty of promoting gambling products to children.

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    Social casino giant DoubleDown Interactive has announced the lunch of its initial public offering (IPO) in the US and revealed that it could raise more than double the amount it originally forecast.

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    R. Franco Digital, the digital division of R. Franco Group, has signed an ongoing strategic partnership deal with gaming technology and service provider, Betconstruct.

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    Andrew Wilkie, the Independent Australian Member of Parliament for Clark, Tasmania, has launched a push to have social casino games outlawed across Australia, in an effort to reduce gambling-related harm in the nation.

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    The Iowa Tribe of Oklahoma, has launched a new social casino product powered by Betconstruct, with the deal also allowing for the supplier to provide sports betting technology to the tribe’s non-profit igaming solutions arm GreySnow Group.

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    DoubleDown Interactive, the social casino giant majority owned by South Korea’s DoubleU Games, is looking to raise up to $100m from an initial public offering on the Nasdaq stock exchange.

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    Social games developer Zynga has agreed a deal to acquire Peak, the mobile gaming business behind the Toon Blast and Toy Blast game franchises, for $1.8bn (£1.45bn/€1.62bn).

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    Churchill Downs Incorporated (CDI), the former owner of social gaming studio Big Fish Games, and Aristocrat Leisure, its current owner, have entered into an agreement in principle to settle two class-action suits related to the business.

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