GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.
The Washington, DC Council has awarded Intralot a five-year contract to power the city lottery’s sports betting offering, despite mounting concerns over the manner in which the contract was handed to the Greek lottery and gaming solutions provider.
Swedish operator association Branschföreningen för Onlinespel (BOS) has requested an urgent meeting with the country’s gaming regulator in the wake of a number of operators being fined for an apparent breach of the country’s Gambling Act.
French gambling giant La Française des Jeux (FDJ) has struck a deal to acquire Sporting Group, the parent company of spread betting operator Sporting Index and sports betting technology and trading service provider Sporting Solutions.
Sports betting integrity monitoring body ESSA has rebranded as the International Betting Integrity Association. It has also revealed a sharp decline in suspicious betting alerts generated by tennis over the first quarter of 2019, with the total number of alerts across all sports down 26% year-on-year.
Stockholm-listed Better Collective will significantly expand its presence in the US market through the acquisition of daily fantasy and sports betting affiliate Rical LLC, operator of the RotoGrinders and SportsHandle portals.
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.
The National Collegiate Athletics Association (NCAA) Division I Men's Basketball Tournament, commonly known as March Madness, is set to attract up to $12.1bn (£9.2bn/€10.7bn) in wagers, according to figures from H2 Gambling Capital.
Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.
US casino operator Eldorado Resorts has completed its deal to secure a $50m equity stake in William Hill, and 20% stake in its William Hill US subsidiary, as part of the companies’ 25-year US-focused sports betting partnership.