Daily news

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    New Zealand’s Racing Industry Transitional Authority (RITA) admitted concerns that the Racing Industry Bill does not offer enough flexibility for the roll-out of new betting products, but revealed that a bill regulating online betting may be in the works.

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    GVC Holdings, owner of the Ladbrokes Coral and bwin.party businesses, has said that it expects to post a year-on-year increase in revenue for 2019, primarily due to growth within its online division offsetting a decline in its UK retail business.

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    Problem gambling funding body GambleAware has revealed that GVC Holdings pledged to donate the most money in the nine months to 31 December 2019, despite not adding to the amount it committed to in the first half of the year.

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    The Ministry of the Interior in the German state of Hesse has revealed that it has received eleven applications for sports betting licences, with a further seven operators making binding commitments to make submissions.

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    Sweden’s gambling regulator Spelinspektionen has put forward an amendment to the country’s gaming rules that would see operators prohibited from offering odds on rule violations, such as a yellow card in football or a fault in tennis.

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    The Global Lottery Monitoring System (GLMS), the sports betting integrity body for the lottery industry, has revealed that it flagged 157 matches to its partner network for potentially suspicious activity in 2019, with football once again dominating.

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    The GB Gambling Commission has announced that it will introduce a ban on the use of credit cards for all forms of online and land-based gambling from 14 April.

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    William Hill has revealed that it expects to post better-than-expected adjusted operating profit for the year ended 31 December, 2019, with the bookmaker forecasting that the final figure will fall between £143m (€167.0m/$185.8m) and £148m.

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    DraftKings has struck a deal that will see it acquired by a special purpose acquisition company alongside betting and gaming technology provider SBTech, with the combined entity to be listed on the Nasdaq Stock Exchange.

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    Michigan Governor Gretchen Whitmer has ratified bills to legalize sports betting and online gaming in the state, paving the way for a 2020 roll-out. 

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    The Illinois Gaming Board has issued emergency rules to kick off the first phase of the state’s sports betting licensing process. 

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    Four high-profile operators have followed Betfred in signing a multi-year, turnover-based streaming and data deal with Sky and Arena Racing Company’s horse racing digital platform At The Races (ATR).

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    The Brazilian government looks set to levy a 3% turnover tax on licensed betting operators, as opposed to the reduced 1% rate put forward in a draft Presidential Decree published earlier this year.

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    The Minister for the Interior in the German state of Hesse has claimed no operator has filed an application for a federal sports betting licence, warning that companies will face immediate action if they continue to operate without certification.

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    Online gaming revenue generated by operators across the European Union (EU) in 2018 amounted to €22.2bn (£18.7bn/$24.6bn), with the market expected to grow to almost €30bn by 2022.

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    Indiana’s regulated sports betting market saw strong growth in customer stakes in November, though revenue declined month-on-month, according to the latest figures from the Indiana Gaming Commission.

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    The Swedish Gaming Authority (Spelinspektionen) has revealed that despite issuing sanctions to licensees on 21 occasions in 2019, Åland Islands-based Paf is the only operator to have paid the sum owed.

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    France’s Agence des participations de l’État (APE) has confirmed that the initial public offering of share in lottery and gaming giant La Française des Jeux (FDJ) has raised €1.89bn for state coffers.

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    The Philippine Amusement and Gaming Corporation (PAGCOR) has officially approved a strategic partnership with gambling event giants Clarion Gaming and SiGMA, confirming plans for a major event in the country's capital Manila next year.

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    Peter Hannibal, chief executive of UK industry organisation the Gambling Business Group (GBG), has called on the market to begin preparations for what he said is now an ‘inevitable’ overhaul of national legislation.

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