Daily news

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    Various major operators have declared their support for a new, UK-facing safer gambling initiative aimed at addressing the harm gambling can cause to consumers and young people.

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    The Hellenic Competition Commission (HCC) has given its approval to OPAP’s pending acquisition of a majority stake in Stoiximan Group’s Greek and Cypriot operations.

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    GVC has named former William Hill director Barry Gibson as its new chairman, replacing long-term holder of the office, Lee Feldman.

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    British high street banking chain NatWest will work with gambling support charity GamCare to launch a pilot programme where it will offer counselling sessions to those affected by problem gambing in its branches.

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    iGaming content developer and aggregation platform provider Relax Gaming has named former Kindred Group executive Tommi Maijala as its new chief executive, with his predecessor Daniel Eskola shifting to a new role as chief commercial officer.

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    Veikkaus has announced that it will speed up the implementation of its social responsibility strategy, by introducing new marketing controls and bringing forward the introduction of compulsory identification on slot machines by a year.

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    Gambling operator Betsson AB has launched a new social impact website as part of an ongoing drive to improve its responsible gambling measures and report its corporate social responsiblity efforts to stakeholders.

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    White label and gaming content provider Nektan has completed its share placement to raise new working capital, with the final proceeds of £2.6m ultimately failing short of its original £3.0m target.

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    New York-based private equity firm Apollo Global Management has agreed to acquire 48.67% of the issued share capital in Gamenet from the two largest shareholders in the Italian gaming operator.

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    After another difficult quarter, Betsson chief executive Pontus Lindwall has talked up the possibility of acquisitions and expansion into new markets, after the operator reported year-on-year declines in revenue and profit for the third quarter of the year.

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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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