Daily news

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    GVC Holdings has stepped up its responsible gambling efforts with a call to end all sportsbook broadcast advertising in the UK, urging other operators to follow suit.

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    Online affiliate and content marketing provider Raketech has appointed Oskar Mühlbach, previously of Green Media, as its new chief operations officer.

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    Unibet operator Kindred Group has reported an 8.0% year-on-year rise in revenue for the first quarter of 2019, though has seen earnings impacted by costs associated with its launch in Sweden’s newly regulated igaming market.

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    US-focused mobile lottery start-up Jackpocket has appointed Gavin Isaacs, the former CEO of Scientific Games and current chairman of SBTech, as a senior advisor to its board of directors.

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    SciPlay, the social gaming subsidiary of Scientific Games, has set out details of an initial public offering (IPO) of its Class A common stock with the aim of raising up to $352m (£270.7m/€313.0m).

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    Clarion Gaming’s inaugural edition of ICE North America, which takes place in Boston from May 13 to 15, will feature a keynote presentation from iconic boxer and Olympic champion Sugar Ray Leonard.

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    US casino operator Delaware North has filed a lawsuit against its sports betting joint venture partner Miomni Gaming, accusing the supplier and its CEO Michael Venner of engaging in “an ongoing pattern of misrepresentation and bad faith” throughout the partnership.

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    Gaming platform and services provider Nektan has raised £2.1m (€2.4m/$2.7m) before expenses through a share placement. Nektan offered 13,978,020 new ordinary shares at a price of 15 pence each.

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    Swedish gambling group Cherry has been granted permission to delist its series B shares from the Nasdaq Stockholm exchange, confirming that May 7 will be its final day of trading.

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    The UK Gambling Commission has set out its business plan for 2019-20, with a continued focus on protecting consumers, preventing gambling-related harm and raising overall standards in the industry.

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    French gaming operator La Française des Jeux (FDJ) has set out plans to ramp up corporate social responsiblity (CSR) efforts as part of a wider effort to clamp down on issues such as underage gambling, fraud and money laundering.

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    Las Vegas-based casino operator Affinity Gaming has appointed Mary Elizabeth Higgins as its new CEO, after Tony Rodio stepped down to take up the same role at Caesars Entertainment.

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    Scientific Games has agreed a deal to support Las Vegas-based casino giant Wynn Resorts with its roll out of digital sports betting and online gaming services in the US market.

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    Gaming platform and services provider Nektan has sold a 57.5% stake in its Respin US subsidiary to Alternative Investment Partners Limited (AIP) for an initial cash consideration of £300,000 (€346,350/$391,680). The price is significantly below the original £2m consideration that the supplier had previously announced.

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    Sports betting and gaming operator SKS365 has appointed Luca Grisci as its new director of retail as part of an effort to strengthen its land-based operations.

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    Gambling software developer BOSS. Gaming solutions has announced Jeff Letlat, formerly of Betsson Group and Adjarabet, as its new chief executive.

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    US casino giant Caesars Entertainment has appointed Anthony Rodio as its new chief executive officer. Rodio, who currently serves in the same role at Affinity Gaming, will make the move to Caesars within the next 30 days.

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    Nasdaq Stockholm-listed Ninja Casino operator Global Gaming has scrapped plans to issue a dividend to shareholders as a result of difficult operating conditions in the newly regulated Swedish market.

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    Greek lotteries and gaming solutions provider Intralot is to launch a cost reduction plan after reporting declines in turnover for all key operating segments in its 2018 results, with its struggles blamed on foreign exchange losses and the failure to secure new supply contracts during the year.

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    Spread betting and contracts for difference provider IG Group Holdings has confirmed that Andy Green is to step down as its chairman. Green will leave the role in September of this year.

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