Daily news

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    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.

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    Land-based operator Casino 36 has agreed a £300,000 penalty package with the GB Gambling Commission for money laundering and social responsibility failures, the regulator has announced.

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    JPJ Group has entered into a conditional agreement to acquire the majority of its technology partner Gamesys’ assets for a total consideration of £490m (€549.8m/$620.9m).

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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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    The Rank Group has confirmed Alan Morgan will leave his role as managing director retail on July 31 this year in order to pursue other opportunities. Chief executive John O'Reilly will assume Morgan’s responsibilities upon his departure.

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    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.