Daily news

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    The GB Gambling Commission has called for ongoing industry cooperation to continue to tackle underage gambling after a new report from the regulator highlighted a decline in the number of 11 to 16-year-olds taking part in gambling activities.

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    Increased B2C revenue resulting from Playtech’s 2018 acquisition of Italy’s Snaitech offset a decline in B2B revenue for the gaming solutions giant in H1, though the deal also resulted in increased depreciation and amortisation, and financial costs, which hit profits.

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    GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.

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    The Remote Gambling Association (RGA) and Association of British Bookmakers (ABB) are to be wound up and replaced by the Betting and Gaming Council, a new UK-facing operator body that aims to act as the industry’s mouthpiece. British Beer & Pub Association chief executive Brigid Simmonds will lead the new body.

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    European regulatory authority Gaming Regulators European Forum (GREF) has appointed Jorn Starck, executive director of the Alderney Gambling Control Commission, as its new chairman.

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    Swedish gaming operator Svenska Spel has reported a 5.9% decline in net gaming revenue for the first quarter of 2019, with growth in the new Sport & Casino igaming division offset by struggles in its lottery and land-based gaming units.

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    Sweden’s newly regulated igaming market has generated total turnover of SEK3.29bn (£271.3m/€313.8m/$352.8m) in the first quarter of the year, with former horse racing monopoly AB Trav och Galopp (ATG) dominating the channel. Svenska Spel Sport & Casino and ATG accounted for 50% of online market turnover over the three month period.

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    New Zealand’s Advertising Standards Authority (ASA) has published a new code for gambling adverts in the country, with a focus on protecting children, young people and other vulnerable people from gambling-related harm.

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    State-owned gaming operator Svenska Spel’s lottery and gaming machine division has generated turnover of SEK906m (£74.6m/€86.9m/$97.6m) in the first two months of activity in Sweden’s newly regulated online gaming market.

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    The Responsible Gambling Strategy Board (RGSB) has said that the 2016-19 National Responsible Gambling Strategy achieved a number of key milestones, but ultimately failed to make as much progress as hoped in tackling gambling-related harm in Great Britain.

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    West Virginia Governor Jim Justice appears to have let a bill allowing the state’s land-based casinos to launch online gaming to pass into law without signing the legislation.

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    The All-in Diversity Project has appointed Shelley White, chief executive of the Responsible Gambling Council (RGC), to its advisory board.

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    A new code of conduct for gaming operators active in the Danish market has been published, with the aim of strengthening consumer protection and lowering the risk of gambling addiction in the country.

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    The New Jersey Division of Gaming Enforcement (DGE) has reported a 25.6% year-on-year increase in gaming revenue in February, though the contributions from igaming and sports betting fell sequentially.

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    GVC Holdings chief executive Kenneth Alexander has credited excellent operational execution, effective marketing and a good World Cup for helping drive growth in the operator’s 2018 results.

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    US racetrack and casino operator Churchill Downs Incorporated (CDI) has cited its racing and online advance deposit wagering (ADW) divisions as key drivers of a 14.3% year-on-year increase in revenue for 2018.

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    The Gambling Commission has warned licensees that using non-disclosure agreements in settlements with customers could prevent consumers from reporting their concerns to the regulator and place operators in breach of their licence conditions.

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    Problem gambling funding body GambleAware has named Rachel Pearce, a regional director with the NHS, as a new trustee.

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    The FOBT All Party Parliamentary Group (APPG) is to examine the impact of online gaming on the vulnerable after expanding its focus in an effort to tackle more issues arising from gambling in the UK.

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    TV advertising accounted for just 15% of British gambling industry marketing spend in 2017

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