Daily news

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    Greek telecommunications giant OTE Group has denied local media reports that it is considering an acquisition bid for Intralot, though it has confirmed plans to partner the lottery and gaming solutions giant to apply for an online betting licence in the market.

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    Brazil’s Investment Partnership Programme (PPI) has awarded a consortium comprising International Game Technology and Scientific Games the tender to operate the state-owned instant win gaming business Loteria Exclusiva Instantânea (Lotex).

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    Gaming Innovation Group (GiG) is set to expand into the Croatian market after agreeing a deal to acquire a majority stake in Top Games, a gaming operator that qualifies for a remote gambling permit in the country.

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    The International Association of Gaming Regulators (IAGR) has appointed Paul Newson, trustee of Australia’s New South Wales Responsible Gambling Fund, as its new president.

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    The Deutsche Automatenwirtschaft (DAW), the umbrella organisation for Germany’s gaming machine associations, has highlighted a number of key issues that must be addressed as lawmakers prepare to begin discussions over the re-regulation of the country’s gambling market.

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    White label and gaming content provider Nektan has extended the deadline for orders for a placing to raise £3.0m in working capital for the fourth time, after revealing that certain parties were proposing “unacceptable” terms in return for investment.

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    French gaming operator La Française des Jeux (FDJ) has secured approval from the country’s stock market regulator to proceed with its initial public offering (IPO), in a move that marks the first step towards the privatisation of the business.

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    Casino operator MGM Resorts International has agreed to sell its iconic Bellagio Las Vegas property and form a joint venture with Blackstone Real Estate Income Trust, in a deal worth $4.25bn. MGM has also struck a deal to sell Circus Circus for $825m to an affiliate of Treasure Island owner Phil Ruffin.

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    Online gaming solutions provider BetConstruct has launched its new Spring Pro technology platform, with the aim of allowing operators to choose, adjust and customise products to suit their specifications.

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    UK Tote Group, the consortium of racecourse owners formerly known as Alizeti, has completed its acquisition of UK pool betting operator the Tote. UK Tote Group is now the sole owner of the Tote.

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    The Tennis Integrity Supervisory Board has appointed Jonathan Gray as the first chief executive of the Tennis Integrity Unit (TIU), the professional sport’s anti-corruption body. Gray will take up his new role in February 2020.

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    Åland Islands-based Paf has joined forces with four other operators on a new initiative to strengthen their responsible gaming efforts in Latvia.

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    Online gaming affiliate Atemi has expanded its services into the US, Mexico and Portugal as it seeks to build on recent success and further increase its annual revenue.

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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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    The California-based San Manuel Band of Mission Indians will sponsor the Las Vegas’s Allegiant Stadium, as well as the Raiders NFL franchise, after the team’s 2020 move from Oakland to the city.

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    Mobile games developer Gaming Realms has appointed Mark Blandford, the founder of Sportingbet, to its board as a non-executive director. Blandford will take on the new role with immediate effect.

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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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    Simon Collins, the co-founder of Gaming Realms, is to step down from his role as a non-executive director on the mobile games developer’s board with immediate effect.

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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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    Gambling operator Betsson AB has confirmed that it has sold its stake in Global Gaming. Betsson acquired the minor shareholding in June, but offloaded the stake a matter of weeks later.

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