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 chief executives of a further seven Swedish licensees have signed a petition organised by operator association Branscheforenigen for Onlinespel (BOS), protesting tightening restrictions imposed by Minister for Health and Social Affairs Ardalan Shekarabi.
British Gambling Commission chief executive Neil McArthur issued a message to online gambling operators, reminding them of the importance of consumer protection and responsible marketing amid the effects of the novel coronavirus (Covid-19)
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.
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.
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.
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.
The Deutsche Automatenwirtschaft (DAW), the umbrella organisation for Germany’s gaming machine associations, has highlighted a number of key issues that must be addressed as lawmakers prepare to begin discussions over the re-regulation of the country’s gambling market.
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 GB Gambling Commission has launched a 12-week consultation on potential restrictions on the use of credit cards for gambling, although an outright ban is likely to be robustly opposed by the industry.
A new study into the potential risks and rewards that would arise from Norway’s current gambling monopoly being replaced by a regime allowing offshore operators into the market has concluded that such a move could see problem gambling rise. This could also result in funds generated by Norsk Tipping for Norwegian society fall by as much as NOK1.3bn.
GVC Holdings remains confident that the business will be able to withstand potential regulatory headwinds across a number of its key and emerging markets, and believes it will see little change to German operating conditions.
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.
Clarion Gaming, the parent company of iGaming Business, has partnered SiGMA Group for a new Asian gaming event under the ICE banner. The event will take place from 7 to 9 June next year, at the SMX Manila in the Philippines.