Swedish gaming operator LeoVegas has reported a 3.6% year-on-year rise in revenue for the first quarter of 2020, aided by growth the Nordic region offsetting a decline in revenue from the rest of Europe.
The Malta Gaming Authority (MGA) has signed a memorandum of understanding (MoU) with the Financial Intelligence Analysis Unit (FIAU) that means the two institutions will share data to tackle money laundering.
Betsson Group has secured approval from anti-trust regulators to proceed with its planned acquisition of Gaming Innovation Group’s (GiG) B2C assets, with the deal now set to go through by the middle of April.
Gambling industry association the Betting and Gaming Council (BGC) has praised the UK government after it was confirmed that gambling companies will qualify for the business rates holiday designed to mitigate the shut-down enforced by novel coronavirus (Covid-19).
The Betting and Gaming Council (BGC) has urged the UK Chancellor to provide emergency help to save thousands of jobs across the gambling industry, after fresh concerns were raised over the impact of the novel coronavirus disease (Covid-19) on the sector.
Payments and Know Your Customer (KYC) solutions provider iSignThis has launched legal action against the Australian Securities Exchange (ASX) over the decision to suspend, then fail to reinstate, trading of its shares.
Danish gambling regulator Spillemyndigheden has ordered 888 to improve its anti-money laundering processes after ruling that the online gaming operator’s licensed subsidiary in the country fell short of requirements set out in the national Money Laundering Act.
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.
Board members at Flutter and The Stars Group further outlined the details of the synergies from the companies’ mega-merger, while also assuring stakeholders that the deal would pass any competition-related hurdles.
The UK’s Competition and Markets Authority (CMA) has given its approval to Inspired Entertainment’s proposed acquisition of Gaming Technology Group (GTG), a division of Austrian gaming equipment and solutions giant Novomatic’s UK subsidiary.
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.
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.
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.