Daily news

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    Aspire Global has struck a deal to acquire sportsbook technology provider BtoBet for €20m (£18.3m/$23.6m), allowing the supplier to extend its business into the sports betting vertical.

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    Spread betting and contracts for difference (CFD) provider IG Group said high levels of trading activity among existing clients and new customer growth helped grow revenue 61.9% year-on-year in the first quarter of its fiscal year.

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    Online gambling revenue in the state of Delaware totalled $808,623 in August, up 263.4% year-on-year and also an improvement on July’s figures.

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    Gaming solutions giant Playtech has reported a 22.5% year-on-year decline in revenue for the first half of 2020, after a strong start to the period was halted by the impact of novel coronavirus on B2B and B2C operations.

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    The Pennsylvania Gaming Control Board (PGCB) has reported a 5.8% year-on-year increase in revenue in August, driven by igaming and sports betting growth.

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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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    The Mississippi Gaming Commission has reported a 27.6% year-on-year rise in sports wagering revenue in August, as the US state’s handle more than doubled.

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    Detroit’s three commercial casinos generated revenue of $69.3m in August, the first results reported since the properties reopened following four and a half months closed due to novel coronavirus (Covid-19), while sports betting’s contribution grew to $1.97m.

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    Oregon’s SBTech-powered betting app scoreboard took in revenue of $1.7m, up 6.6%, in August, and set a new record for turnover at $25.8m, up 83.8%.

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    The New Jersey Division of Gaming Enforcement (NJDGE) has reported a month-on-month increase in revenue across all gambling segments for August, as the state continued its recovery from the novel coronavirus (Covid-19) shutdown.

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    Canadian betting and sports media business theScore has received final approval to list on the Toronto Stock Exchange as of tomorrow (15 September), graduating from the TSX Venture Exchange.

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    Scientific Games has announced that investor Ron Perelman will sell a 34.9% stake in the supplier for more than $900m to a group of institutional investors.

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    iGaming affiliate marketing specialist Atemi has revealed it was able to achieve a record $13.3m (£10.3m/€11.2m) in revenue in the second quarter, due in part to a significant increase in new depositing customers (NDCs) during the period.

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    Indiana sportsbooks took in revenue of $9.8m in June, up 47.6% from July, as stakes hit $1.20bn and revenue exceeded $100m for the first 12 months of legal sports betting in the state.

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    Sports betting and daily fantasy sports operator DraftKings has appointed Erik Bradbury as its new chief accounting officer with immediate effect.

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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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    The Iowa Racing and Gaming Commission (IRGC) reported a month-on-month rise in sports betting revenue for August, while the US state also saw its handle more than double during the month.

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    Esports Entertainment Group has forecast revenue of $13.0m (10.0m/€10.9m) for its 2021 fiscal year, the first year in which the esports betting operator will be able to post revenue.

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