Daily news

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    The significant expansion and diversification of Flutter Entertainment’s operations through its acquisition of The Stars Group helped the operator mitigate the disruption caused by novel coronavirus (Covid-19) in the first half of the year.

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    The Illinois Gaming Board has confirmed that restrictions will be introduced in a number of regions across the state amid rising novel coronavirus (Covid-19) cases.

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    An end-of-quarter exchange rate adjustment offset a further downgrade in H2 Gambling Capital’s 2020 forecast for the pandemic-hit global gambling sector this week.

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    More gamblers in Sweden have decreased play than increased during the novel coronavirus (Covid-19) pandemic, but more than a quarter of high risk customers are playing more according to a Lund University study.

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    France’s igaming market showed little signs of the impact of novel coronavirus (Covid-19) in the first quarter of 2020, with L’Autorité de régulation des jeux en ligne (ARJEL) warning that the full impact would be seen in subsequent quarters.

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    Flutter Entertainment announced plans to accelerate US expansion and reduce debt through an equity placement that raised £812.6m, after revealing a 10% rise in revenue for the first 47 days of its second quarter.

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    The Philippine Amusement and Gaming Corporation (PAGCOR) has said that the current restrictions enforced in the country due to novel coronavirus (Covid-19) are costing the association up to PHP6bn (£95.1m/€107.4m/$117.8m) a month.

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    The Pennsylvania Gaming Control Board (PGCB) has reported a 16.9% year-on-year rise in gambling revenue for January, aided by growing contributions from igaming and sports betting. 

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    The GB Gambling Commission has unveiled a new service whereby personal licence holders can securely manage their accounts online and via mobile.

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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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    France’s online gaming market has reported a 20.1% year-on-year increase in revenue for the first half of 2019, after the sports betting vertical grew strongly over the period.

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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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    The Gambling Commission has joined forces with partners in Wales to develop a new national strategy, with the aim of reducing gambling-related harms in the country.

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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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