Daily news

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    Malta-based sports betting supplier, Betby, has been granted its supplier licence by the Malta Gaming Authority (MGA), a key milestone for the company as it continues its expansion into new jurisdictions.

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    South African gaming and entertainment business Tsogo Sun has struck a deal move into the country’s sports betting market through the acquisition of a 50.1% stake in local land-based and online operator Betcoza.

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    Lithuanian gambling revenue in the first half of 2020 fell by 15.9% to €43.8m (£4.0m/$5.2m) as the novel coronavirus (Covid-19) pandemic led to online revenue overtaking that of the land-based sector.

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    PointsBet has entered into a multi-year partnership with Kroenke Sports & Entertainment (KSE), owner of the National Hockey League (NHL)’s Colorado Avalanche, the National Basketball Association (NBA)’s Denver Nuggets, the National Lacrosse League (NLL)’s Colorado Mammoth and the Colorado Rapids of Major League Soccer (MLS).

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    Flutter Entertainment-owned Paddy Power has issued an apology over the use of “derogatory and offensive” language in a social media video, following criticism from campaign groups.

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    Score Media and Gaming, owner of online operator theScore Bet, announced it has received authorisation from the Colorado Division of Gaming to offer its online sports betting service to customers in the state.

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    Online sports betting operator PointsBet has entered into a partnership with National Basketball Association franchise the Indiana Pacers, as well as confirming the locations for three new off-track betting facilities in Illinois.

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    Gaming solutions giant Playtech expects earnings for the first half of 2020 to reach €160m, after a strong performance from its online and financials divisions helped offset novel coronavirus’ (Covid-19) disruption to retail and sports in the period.

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    Sports betting odds provider Sports IQ has struck a new partnership with Bet.Works, the sports betting technology supplier powering US-facing operators theScore Bet and Elite Sportsbook.

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    William Hill has reported a 31.7% year-on-year decline in revenue for the first half of its financial year, though a £230.7m value added tax (VAT) refund allowed the operator to post a £115.6m net profit for the period.

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    The novel coronavirus (Covid-19) pandemic has hit International Game Technology (IGT) hard in the second quarter of 2020, with revenue dropping 48.4% and the business posting a net loss of $279.6m.

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    Super League Greece, the country’s highest level professional football league, has announced Malta-headquartered sports betting operator Interwetten as its gold sponsor for the next three years, starting with the 2020-2021 season.

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    Ardent Group-owned operator and supplier of casino and sports betting products, Gaming1 Group, has announced the release of a new suite of responsible gambling tools built on artificial intelligence (AI) technology.

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    Online gambling platform provider i3 Interactive announced the launch of its new online sports betting and gaming brand, Blitzbet. The dot.eu brand is currently available in a limited number of jurisdictions.

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    International Game Technology (IGT) has expanded its sports betting and online gambling agreement with Flutter Entertainment-owned FanDuel Group to cover the entire US market.

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    Betclic Everest Group subsidiary Bet-at-Home said it remains on track to hit its full-year targets despite withdrawals from newly-regulated markets and the novel coronavirus (Covid-19) pandemic causing a decline in first half revenue and earnings.

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    The Oregon Lottery’s SBTech-powered sportsbook app Score Board has seen revenue and handle growth continue into June, thanks again to the strong performance of football, mixed martial arts and table tennis.

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    H2 Gambling Capital has announced a slight upgrade to its projections for 2020 global gambling gross win this week, while igaming revenue is now expected to break $100bn within five years.

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    Chicago’s Hawthorne Race Course has taken a step towards securing approval to develop a casino on its site, while also securing a master sports wagering license.

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    The British Gambling Commission has published the results of a consultation about data collection, implementing new measures to reduce and standardise the data it collects from 31 October.

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