Daily news

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    France’s Senate has passed a budget bill for 2020, including an amendment to calculate gambling tax based on gross gaming revenue (GGR) rather than turnover. The budget amendments still require approval from the National Assembly before they can come into law.

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    Colombian gambling monopoly Coljuegos’ collections from online gambling licensees grew 106.3% for the year ending 31 October to COP65.97bn, as it took in a total of took in COP617.21bn from all licensees, a 15.5% increase.

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    Iowa’s regulated sports betting market has recorded a 36.4% month-on-month decline in revenue for November, after a rise in handle was accompanied by an increase in payouts to customers.

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    Sports betting revenue in New Jersey fell 29.1% month-on-month to $32.9m in November, despite the state processing a record amount of wagers during the month.

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    Online gaming solutions provider River iGaming will focus more on B2B operations after the division performed ahead of expectations in the third quarter, but has sought advice on strategic alternatives for its B2C business after it fell short of targets.

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    Norway’s gambling regulator Lotteritilsynet has revealed that it will have greater power to block transactions to and from unlicensed operators in the country as a result of amendments to laws on payments.

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    Delaware’s sports betting revenue declined for the second consecutive month in November, with the state’s three licensed sportsbooks bringing in $1.4m.

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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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    New Jersey’s online gambling industry created 1,851 jobs in the state and brought in $52.3m in taxes in 2018, according to a new report from iDEA Growth, the iDevelopment and Economic Association.

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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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    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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    New York’s four licensed sportsbooks generated $1.3m (£987,430/€1.2m) in gross gaming revenue during November, the lowest monthly total since the market opened.

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    Payments and know-your-customer (KYC) solutions provider iSignThis has lowered its earnings before interest and tax (EBIT) guidance for 2019 to AUD$6.5m (£3.4m/€4.0m/USD$4.4m) amid a dispute with the Australian Securities Exchange (ASX).