Daily news

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    888 Holdings has promoted senior vice president and head of human resources Naama Kushnir to the role of chief operating officer. Kushnir takes on the role to replace Itai Pazner, who was named chief executive of the operator in January 2019.

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    Sports data intelligence provider Sportradar has entered into an official integrity services partnership with the United Soccer League (USL), the second tier of club football in the US.

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    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.

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    The Stars Group chief executive Rafi Ashkenazi believes the operator can achieve double-digit growth in highly competitive and mature UK market in 2019, by leveraging the Sky Betting and Gaming assets acquired in 2018.

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    The Stars Group has reported a 54.6% increase in revenue for 2018, with the strong organic growth of the PokerStars operator complemented by contributions from the newly acquired Sky Betting & Gaming and BetEasy businesses. However the company posted a loss for the year, due to soaring administrative costs, increased investment in sales and marketing and finance-related expenses.

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    GVC Holdings chief executive Kenneth Alexander has credited excellent operational execution, effective marketing and a good World Cup for helping drive growth in the operator’s 2018 results.

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    US casino giant Caesars Entertainment has reached an agreement with Carl Icahn, which will see the activist investor support all proposed board nominations at the operator’s 2019 Annual General Meeting.

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    William Hill has posted a £721.9m (€840.3m/$955.8m) pre-tax loss for 2018, as a result of an £882.8m write-down of the value of its retail business ahead of maximum B2 machine stakes being cut to £2 from April. Despite this, the operator hailed good underlying progress achieved over the year, with 2018 revenue up 2% year-on-year to £1.6bn.

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    US racetrack and casino operator Churchill Downs Incorporated (CDI) has cited its racing and online advance deposit wagering (ADW) divisions as key drivers of a 14.3% year-on-year increase in revenue for 2018.

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    DraftKings has agreed a multi-year partnership with Caesars Entertainment that will give the operator access to a number of state gambling markets as and when regulation is passed.