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.
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.
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.
Problem gambling funding body GambleAware has partnered the University of Bristol on a new research project examining how UK banks and other financial services organisations can help people suffering with or are at risk of gambling-related harm.
PlanetWin365 operator SKS365 has been issued with a tax inspection report claiming that it owes €124m to the Italian authorities, having failed to declare significant revenue generated in the country's regulated gambling market.
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.
The New South Wales (NSW) Government has set out plans to conduct a study into the effectiveness of existing responsible gambling measures in the Australian state and consider ways to better protect consumers from gambling-related harm.
Gauselmann Group’s Merkur Sportwetten subsidiary has begun its overhaul of the recently-acquired Polish betting and gaming business Totolotek, with a number of enhancements made across retail and digital channels.
The Washington, DC Council has awarded Intralot a five-year contract to power the city lottery’s sports betting offering, despite mounting concerns over the manner in which the contract was handed to the Greek lottery and gaming solutions provider.
The Remote Gambling Association (RGA) and Association of British Bookmakers (ABB) are to be wound up and replaced by the Betting and Gaming Council, a new UK-facing operator body that aims to act as the industry’s mouthpiece. British Beer & Pub Association chief executive Brigid Simmonds will lead the new body.
GVC Holdings, bet365, Flutter Entertainment, William Hill and Sky Betting and Gaming have followed up plans to increase funding for problem gambling treatment and safer gambling by setting out a plan of action to cerate a safer gambling environment.
Sports betting integrity monitoring body ESSA has rebranded as the International Betting Integrity Association. It has also revealed a sharp decline in suspicious betting alerts generated by tennis over the first quarter of 2019, with the total number of alerts across all sports down 26% year-on-year.
Shareholders in Paddy Power Betfair have overwhelmingly voted to back plans to rebrand the gambling operator as Flutter Entertainment. Votes were cast at the group’s AGM, with 99.76% of shareholders supporting the proposal.