Daily news

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    Mobile games developer Gaming Realms has announced that Patrick Southon has stepped down from his role as chief executive and its board with immediate effect.

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    Former Labour Deputy Leader Tom Watson painted an optimistic picture of the industry’s future in his keynote speech at ICE London, provided operators and executives were prepared to engage and compromise when it came to new controls and restrictions.

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    New Zealand’s Racing Industry Transitional Authority (RITA) admitted concerns that the Racing Industry Bill does not offer enough flexibility for the roll-out of new betting products, but revealed that a bill regulating online betting may be in the works.

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    iGaming operator ComeOn will be known as ComeOn Group going forward, to better reflect the business’ activities across a range of brands and markets.

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    DraftKings has struck a deal that will see it acquired by a special purpose acquisition company alongside betting and gaming technology provider SBTech, with the combined entity to be listed on the Nasdaq Stock Exchange.

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    XLMedia has admitted that the business will have to ramp up expenditure to support sustainable growth in the medium term, prompting the performance marketing specialist to launch a strategic review with a view to overhauling its operating model.

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    A number of high-profile gaming businesses look set to compete in the tender process, which could see the contract to operate the UK National Lottery wrestled away from long-term incumbent Camelot for the first time.

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    Bet365 has reported a 9.7% year-on-year rise in betting and gaming revenue, while increased marketing costs and new efforts to enhance responsible gaming controls failed to slow profit growth for the financial year ended 31 March, 2019.

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    The Swedish Gaming Authority (Spelinspektionen) has published details of its strategy for tackling unlicensed gambling activity as it prepares to ramp up preventative efforts against illegal operators.

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    Betsson has confirmed that it has acquired a 75% stake in the Brazilian sportsbook operator Suaposta, ahead of the country’s government passing sports betting regulations.

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    The latest edition of Sweden’s annual survey on gambling participation has revealed that the percentage of the country’s adult population has dropped six percentage points in the past year.

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    Lottery solutions provider Pollard Banknote has struck a deal to acquire London-based mobile app developer Mkodo for an initial purchase price of £7.8m.

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    Lottery and gaming solutions provider Intralot has once again reported a year-on-year decline in quarterly revenue, with the total for the three months to 30 September falling 5.4%.

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    Playtech has entered into a long-term structured agreement with Aquila Global Group, the operator of Colombian gaming and betting brand Wplay, that sees it become the business' strategic technology partner.

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    France’s Agence des participations de l’État (APE) has hailed the success of the initial public offering of gaming giant La Française des Jeux (FDJ), which could generate proceeds of €1.89bn for the state.

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    The New South Wales (NSW) Office of Responsible Gambling has set out details of a new funding opportunity for PhD scholarships, post-doctoral fellowships and study grants to build capability and capacity in gambling research.

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    888 Holdings has moved to address shareholders’ concerns over Brian Mattingley’s re-election as the operator’s non-executive chairman, after a significant percentage voted against his continuing in the position.

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    Bragg Gaming Group has reported revenue of CAD$10.0m for the third quarter of 2019, while starting tomorrow, the business will have a new finance chief as bwin.party veteran Stephen Prowse takes over the role from Ashkay Kumar.

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    iGaming content developer and aggregation platform provider Relax Gaming has named former Kindred Group executive Tommi Maijala as its new chief executive, with his predecessor Daniel Eskola shifting to a new role as chief commercial officer.

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    Veikkaus has announced that it will speed up the implementation of its social responsibility strategy, by introducing new marketing controls and bringing forward the introduction of compulsory identification on slot machines by a year.

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