Finnish gambling monopoly Veikkaus has set out plans to bolster its responsible gambling measures in 2020, but warned that changes to its operating strategy could lead to a €50m (£42.5m/$56.7m) decline in earnings.
A number of high-profile gaming businesses look set to compete in the tender process, which could see the contract to operate the UK National Lottery wrestled away from long-term incumbent Camelot for the first time.
Bet365 has reported a 9.7% year-on-year rise in betting and gaming revenue, while increased marketing costs and new efforts to enhance responsible gaming controls failed to slow profit growth for the financial year ended 31 March, 2019.
The Swedish Gaming Authority (Spelinspektionen) has published details of its strategy for tackling unlicensed gambling activity as it prepares to ramp up preventative efforts against illegal operators.
Italy-facing retail and online gaming operator SKS365 has appointed Gauselmann Group executive Alexander Martin as its new chief executive, with former Sportingbet and Jackpotjoy Group CEO Andrew McIver named non-executive chairman.
The Betting and Gaming Council (BGC), the newly formed trade association for the UK gambling industry, has called for further education for young people and their parents to help combat underage and illegal gambling.
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.