Daily news

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    Daily fantasy and sportsbook operator DraftKings announced today (September 23) that Jocelyn Moore and Valerie Mosley have been appointed to the company’s board of directors, effective immediately.

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    Baltics-facing igaming operator Enlabs has put forward its offer to acquire all remaining shares in Global Gaming, in a deal that values the business at SEK450m (£39.8m/€43.2m/$50.6m).

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    Playtech has launched a new safer gambling and digital wellbeing programme in collaboration with Canada-based non-profit the Responsible Gambling Council (RGC).

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    Gaming solutions giant Playtech has reported a 22.5% year-on-year decline in revenue for the first half of 2020, after a strong start to the period was halted by the impact of novel coronavirus on B2B and B2C operations.

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    Baltics-facing igaming operator Enlabs has acquired a 66.5% stake in Shogun Group, a Maltese online gaming business, for a total consideration of €664,000 (£614,243/$789,116).

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    Czech gaming conglomerate Sazka Group says it is showing signs of recovery following the novel coronavirus (Covid-19) shut-down, which resulted in revenue and profit falling in the first half of 2020.

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    Revenue for Sazka Group-owned Greek gaming giant OPAP fell 34.8% year-on-year in the first half of the year due to the disruption caused by novel coronavirus (Covid-19). However, the operator said it saw performance rapidly recover once lockdown restrictions in Greece were eased and sporting events resumed.

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    Australian lottery reseller Jumbo Interactive has appointed veteran Australian executive Susan Forrester as chair of its board of directors, effective immediately. 

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    Greek gaming and lotteries operator and supplier Intralot reported a 55.5% year-on-year decline in revenue for the first half of 2020, after its B2B and B2C operations suffered from ongoing struggles in Turkey and Bulgaria.

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    Social casino games developer and publisher Huuuge Inc. has announced plans to launch an initial public offering (IPO) on the Warsaw Stock Exchange in Poland.

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    Gaming solutions giant Playtech is in talks with a number of parties regarding the sale of its financials division TradeTech.

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    Flutter Entertainment’s integration of The Stars Group business will see it migrate all sports betting brands to the solution powering its Paddy Power Betfair division, while it aims to significantly ramp up investment in PokerStars going forward.

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    Enlabs has acquired a further tranche of shares in Global Gaming, triggering the threshold for the Latvian operator to make a bid to acquire the business outright.

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    Mobile operator Casumo is to purchase online casino business CasinoSecret for an undisclosed sum, the first acquisition in the company’s history.

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    New GVC Holdings chief executive Shay Segev has set out four key priorities that he believes can drive “significant growth” for the business, add value for stakeholders and entrench responsibility in everything it does.

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    GVC Holdings has reported an 11.2% year-on-year decline in revenue for the first half of 2020, after online growth failed to offset declines in UK and European retail resulting from the novel coronavirus (Covid-19) lockdown.

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    Esports betting operator Esports Entertainment Group has signed a letter of intent to acquire certain assets of mobile games studio Flip Sports.

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    The enlarged Gamesys Group has seen reported gaming revenue double year-on-year in the six months to 30 June, aided by record revenue from Asia.

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    Digital media giant InterActiveCorporation (IAC) has acquired a 12% stake in MGM Resorts International, describing the investment as a “once in a decade” opportunity.

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    South African gaming and entertainment business Tsogo Sun has struck a deal move into the country’s sports betting market through the acquisition of a 50.1% stake in local land-based and online operator Betcoza.

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