Daily news

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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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    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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    The Royal Society for Public Health (RSPH) has called on the video games industry to commit to removing gambling-style elements such as loot boxes from games targeted at under-18s.

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    Just under one in six Australians aged 16-17 gambled in the past year, according to the Longitudinal Study of Australian Children's (LSAC) annual statistical report.

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    Fantasy sports software provider Scout Gaming Group has named Terje Bolstad as group chief operating officer as it prepares for a period of significant expansion.

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    Social casino operator KamaGames has announced a wide-ranging overhaul of its flagship Pokerist app, which sees the studio launch a social sports betting product for the first time. A range of additional features, including a new app guide, Alice and Wonderland-themed slot and referral programme for players, have also gone live.

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    DraftKings has launched its mobile sportsbook in the West Virginia market, while the operator has also added NetEnt content to its igaming offering in New Jersey.

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    Social betting startup Wager has launched its peer-to-peer betting platform for players in the UK market.

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    Scout Gaming Group has launched player odds sportsbook, a new product that combines elements of daily fantasy sports contests with fixed odds betting elements, alongside a new promotional tool, Betflex.

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    Gauselmann Group’s Merkur Sportwetten subsidiary has begun its overhaul of the recently-acquired Polish betting and gaming business Totolotek, with a number of enhancements made across retail and digital channels.

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    JPJ Group has entered into a conditional agreement to acquire the majority of its technology partner Gamesys’ assets for a total consideration of £490m (€549.8m/$620.9m).

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    Fantasy sports provider Scout Gaming Group has reported increased losses in the first quarter of the year, despite revenue more than doubling to SEK3.5m.

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    Pennsylvania’s licensed fantasy sports operators have reported a slight improvement in revenue for March, following three consecutive months of decline, with revenue up $5,000 from February.

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    Strong growth in revenue failed to offset the impact of growing costs for Scientific Games in 2018, with the gaming solutions provider’s loss for the period growing to $352.4m (£269.3m/€310.1m). Revenue for the 12 months ended December 31, 2018 was up 9.1% year-on-year, with a marginal decline in gaming revenue - down 0.7% to $1.8bn - offset by strong growth in the social and digital divisions.

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    California-based National Basketball Association (NBA) side the Sacramento Kings is to launch a new in-stadium lounge where players can play a virtual currency predictive betting game, powered by betting and fantasy sports solutions provider Swish Analytics.

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    Company also boosted by NYX purchase as revenue climbs 7% in Q3

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    Matthew Tripp, founder and chief executive of Australian online betting website Crownbet, said that the company is set to achieve profit this year, despite having suffered losses in the latter part of 2015.