Daily news

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    Online lottery brokerage Zeal Network has warned that full-year revenue and earnings are likely to fall significantly from the prior year, following its acquisition of Lotto24 and the pivot of its Tipp24 business from lottery betting to brokerage.

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    The Brazilian lottery market has reported a 52.6% year-on-year increase in revenue for the second quarter of 2019, with the market benefitting from the contribution from the Mega-Sena game more than doubling over the period.

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    AGTech Holdings has reported a 22.7% year-on-year decline in revenue for the first six months of 2019, which was blamed on a HK$16.5m (£1.7m/€1.9m/$2.1m) decline in lottery hardware sales over the period.

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    Finnish gaming monopoly operator Veikkaus has pledged to develop its digital offering over the next three years to ensure it doesn’t see profits cannibalised by offshore competition, after announcing slight declines in turnover and profit for 2018.

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    Betway Group employees have raised more than £70,000 ($95,000/€80,000) for one of its charity partners, the English Federation of Disability Sport (EFDS)

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    Richard Weil, chairman and chief executive of Innova Group, has said that the company was able to meet or exceed all of its growth objectives during the 12 months to December 31, 2015.

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    Charitable and community gaming solutions firm eQube Gaming has announced that it will not go ahead with its planned acquisition of Norwegian operator Bingo Entreprenøren AS.

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    People in New Zealand spent more than NZ$2 billion (€1.2 billion/$1.7 billion) on the four main types of gambling during the 2012-13 financial year, an increase of NZ$7 million on the previous year.

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    New not-for-profit company Spin For Good has launched a new website where donors can play social games and win money for the company’s charity partners.

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    Greek-owned gaming and lottery operator Intralot has agreed a 10-year deal to become the technology provider for the Taiwan Sport Lottery Corporation (TSLC).