The UK Gambling Commission and Competition and Markets Authority (CMA) have published a joint letter calling for operators to pay closer attention to consumer protection law to help ensure players have access to a fair and transparent market.
Unibet operator Kindred Group has reported an 8.0% year-on-year rise in revenue for the first quarter of 2019, though has seen earnings impacted by costs associated with its launch in Sweden’s newly regulated igaming market.
US casino operator Delaware North has filed a lawsuit against its sports betting joint venture partner Miomni Gaming, accusing the supplier and its CEO Michael Venner of engaging in “an ongoing pattern of misrepresentation and bad faith” throughout the partnership.
US casino giant Caesars Entertainment has appointed Anthony Rodio as its new chief executive officer. Rodio, who currently serves in the same role at Affinity Gaming, will make the move to Caesars within the next 30 days.
Greek lotteries and gaming solutions provider Intralot is to launch a cost reduction plan after reporting declines in turnover for all key operating segments in its 2018 results, with its struggles blamed on foreign exchange losses and the failure to secure new supply contracts during the year.
The Rank Group has confirmed Alan Morgan will leave his role as managing director retail on July 31 this year in order to pursue other opportunities. Chief executive John O'Reilly will assume Morgan’s responsibilities upon his departure.
Las Vegas-based casino operator Wynn Resorts has opened talks with Crown Resorts over a possible acquisition of the Australian gaming operator. The proposed offer is worth Aus$14.75 a share, valuing Crown at around Aus$10bn.
SkillOnNet-powered RedKings is to close its poker and sports betting products later this month, but continue to operate its online and mobile casino service. Poker and sports betting will cease operations on April 28.
Gaming platform and services provider Nektan has reported a 5.9% year-on-year increase in revenue for the third quarter of its financial year, though noted that performance in the period was impacted by a number of factors.