Daily news

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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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    Regulated bookmakers in Poland generated combined turnover of PLN6.7bn (£1.36bn/€1.58bn/$1.76bn) in 2019, a 28.8% year-on-year increase but less than the unlicensed market, according to figures from legal association Graj Legalnie.

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    BetBlocker, the UK-facing responsible gambling app funded and developed by alternative dispute mediation service ThePOGG.com, has secured its first corporate donation from online casino comparison website CasinoGuide.

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    Indiana sportsbooks took in a combined $12.0m on a handle of $161.8m – both new state records – as online sports betting continued to grow in the Hoosier state.

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    Players in New Hampshire have wagered more than $3.4m in the week following the roll-out of mobile and online betting on December 30. 

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    Sports wagering revenue in New York amounted to $780,418 in December, the lowest monthly figure since the state launched its legal market last July.

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    Gambling software supplier GAN has appointed Karen Flores as its new chief financial officer with immediate effect.

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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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    Bwin.party and Ladbrokes Coral owner GVC Holdings will consider the company's potential relocation of its place of management and control - and therefore also its tax residence - from the Isle of Man to the United Kingdom.

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    Norwegian lottery operator Norsk Tipping has announced that it distributed almost NOK700m (£60.2m/€70.9m/$78.6m) in gambling proceeds to grassroots sports initiatives across the country during 2019.

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    Iowa’s licensed sportsbooks took in a combined $2.9m in sports betting revenue, down 19.3% from November and the lowest for a full month since sports betting launched.

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    Executives of the company behind UK white label sportsbook Fansbet claim the business is in good financial shape, despite acknowledging that the company owes more than £500,000 in late payments to affiliates dating back to August 2019.

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    Norwegian horse racing monopoly Norsk Rikstoto could potentially merge with Norsk Tipping to jointly run the country’s horse racing betting monopoly, according to a new report commissioned by the country's government.

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    Online affiliate and content marketing provider Raketech has warned it is likely to fall short of its forecasted reported earnings before interest, tax, depreciation and amortisation (EBITDA) in the fourth quarter, while operating profit it also set to come in below expectations.

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    Diamond Eagle Acquisition Corp – the special purpose acquisition company formed as part of DraftKings and SBTech’s merger – has filed a registration document revealing DraftKings made a loss of $114.1m (£87.1m/€102.7m) in the first nine months of 2019.

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    Betting technology supplier Newgioco has started trading on NASDAQ, the world’s second-largest stock exchange.

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    Sports betting revenue in West Virginia amounted to $13.8m in the first six months of the state’s fiscal year, with retail the primary source of income for licensed operators.

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    Nektan has completed the sale of its UK B2C business to Grace Media for a total cash consideration of £200,000 (€236,213/$262,969), as part of an ongoing restructuring effort at the white label and gaming content provider.

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    Delaware’s sports betting market generated $12.5m in revenue in 2019, the first full year of regulated activity in the state.

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    888 Holdings has said it is on track to achieve adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in line with expectations for 2019, after the online gaming operator was boosted by a record revenue performance in December.

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