Daily news

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    The reduction in maximum stakes for fixed odds betting terminals (FOBTs) had a "lower than expected" hit on Betfred's revenue in the year ending 29 September 2019, allowing the operator to make a £153.6m (€169.3m/$197.1m) profit despite a 14.6% revenue decline to £621.4m.

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    US gaming giant Caesars Entertainment Inc. has set out further details of its possible cash offer for William Hill, saying that it is set to make a bid worth £2.9bn (€3.29bn/$3.71bn) for the bookmaker.

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    William Hill has confirmed that its board has received separate cash proposals to acquire the business from alternative investments giant Apollo Global Management and its US sports betting and igaming partner, Caesars Entertainment.

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    Floridablanca has become the latest Colombian municipality to announce that casinos and gaming facilities in the region will be permitted to reopen, following a period of enforced closure due to the novel coronavirus (Covid-19) pandemic.

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    Spanish Minister of Consumer Affairs Alberto Garzón believes the country’s efforts to tighten advertising laws puts it at the forefront of a trend likely to be adopted across Europe, and pledged further controls on the sector.

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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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    UK Chancellor of the Exchequer Rishi Sunak has set out details of a new novel coronavirus (Covid-19) job support initiative to replace the government’s existing furlough scheme, potentially providing a lifeline to land-based operators affected by the incoming 10pm curfew.

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    The Colorado Department of Revenue has reported a 20.8% month-on-month decline in sports betting revenue in the state during August, despite its handle more than doubling to $128.6m.

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    The Japanese Racing Association (JRA) is to ease restrictions at a number of its off-track betting (OTB) locations, with facilities able to accept bets on a wider range of races from 26 September.

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    GVC Holdings has joined forces with responsible gambling training platform RG24seven to deliver specialist education to its staff in the US.

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    William Hill’s first full month of activity in the Washington D.C. market saw players stake $9.1m at the operator’s sportsbook in the city’s Capital One Arena, far outstripping handle for the DC Lottery’s Intralot-powered online offering.

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    Online gambling revenue in Great Britain declined across all verticals in July at a time when retail showed signs of recovery, according to the latest figures from the Gambling Commission’s ongoing tracking of customer activity during the novel coronavirus (Covid-19) crisis.

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    Paddy Power and PokerStars owner Flutter Entertainment has appointed former deputy leader of the Labour Party Tom Watson as an advisor to the business, to help it develop new standards of safer gambling  practices.

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    GVC Holdings has signed up as a founding member of the All-in Diversity Project, an initiative looking to foster greater diversity, equality and inclusivity across the industry.

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    The Japanese Racing Association (JRA) has announced it will reopen its J-Place Kasamatsu, Ena and Tosu off-track betting (OTB) facilities from 19 September.

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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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    Sportech's Racing and Digital tote betting solutions divison has extended its services agreement with long-term client, the Jockey Club del Perú.

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    The Czech Republic Ministry of Finance has announced the launch of a new exclusion register that will allow consumers in the country to block themselves from accessing gambling services.

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    Brigid Simmonds, chairman of UK trade association the Betting and Gaming Council (BGC), has called upon the Communities and Local Government Select Committee to place the needs of the retail betting industry at the centre of its inquiry into supporting high streets in the wake of the novel coronavirus (covid-19) pandemic.

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    Intralot has signed an extension to its gaming monitoring partnership with the New Zealand Department of Internal Affairs (DIA).

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