Daily news

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    Credit rating agency S&P Global has downgraded Codere from a ‘B’ to a ‘B-,’ a week after the company announced financial inconsistencies may reduce its full-year earnings by up to €20m (£17.9m/$22.0m).

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    Global network and cloud infrastructure solutions provider Continent 8 Technologies and online gaming software developer Iforium have expanded their partnership to pursue new opportunities in the US market.

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    Malaysia’s Minister of Finance, Lim Guan Eng, has announced that punishments for both gamblers and gambling operators will increase as part of the country’s 2020 budget.

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    London-listed lottery brokerage Zeal Network has retaken control of its former subsidiary Tipp24 and added the business to its German secondary lottery arm.

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    Revenue in Delaware’s online gaming market climbed to a year-high of $384,830 in September, despite consumers spending less on a month-on-month basis.

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    Rank Group has reported an 8% year-on-year increase in gross gaming revenue for the three months to 30 September 2019, after it was boosted by growth in its digital arm and Grosvenor Casino land-based business.

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    The Greek government has passed a series of reforms to gambling in the country, including continuing the permission of Random Number Generator (RNG) games and the lowering of the country’s licence fee from €5m (£4.4m/$5.5m) to €3m.

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    The Greentube division of Novomatic has launched in Switzerland with games on Grand Casino Luzern’s mycasino.ch website.

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    Online gambling operator MustardBet has ceased operations with immediate effect, but pledged to refund customer balances and settle all unsettled bets as soon as possible.

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    British-based operators will have to ensure they are “established in the European Economic Area” if they wish to hold a Maltese license after Brexit, the Malta Gaming Authority has reminded stakeholders.

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    Casino software and games supplier iSoftBet is to expand its services in the Malta market after securing a B2B software licence from the Malta Gaming Authority (MGA).

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    Live dealer software supplier Evolution Gaming has extended its relationship with Scientific Games by adding its range of Live Casino solutions to the Open Gaming System (OGS) distribution network.

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    Mixed martial arts promoter the Ultimate Fighting Championship (UFC) has launched its own sports betting product, UFC Event Center, in partnership with IMG Arena.

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    Finnish gaming monopoly Veikkaus has appointed more than a dozen new supervisory board members as it seeks to boost its responsible gambling standards.

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    Svenska Spel has appointed former LeoVegas chief marketing officer Petra Blixt as head of sales and marketing for its igaming subsidiary Svenska Spel Sport & Casino.

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    An increase to the price of English and Scottish football data in the wake of Genius Sports Group’s exclusive partnership with Football DataCo (FDC) is squeezing operators' already tight margins further.

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    Australian lotteries and betting operator Tabcorp has appointed David Gallop, currently chief executive of Football Federation Australia, as a non-executive directo of the business.

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    Scientific Games and the Dutch State Lottery (Nederlandse Loterij) have agreed to expand their partnership and launch a new digital sports betting solution in the Netherlands.

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    Sportradar says it has become a fully integrated turnkey sports betting provider after acquiring Spanish sportsbook and igaming platform Optima for an undisclosed sum.

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    Norway’s gambling regulator Lotteri-og stiftelsestilsynet (Lottstift) has revealed a 19% year-on-year decline in advertising spending by offshore operators over the past year, with plans in motion to stamp this out entirely.

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