Daily news

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    Australian gambling operator Tabcorp has announced that is it to furlough more than 700 of its staff until 30 June as part of its strategy to mitigate the impact of the novel coronavirus (Covid-19) outbreak.

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    The Belgian Gaming Commission (BGC) has announced the appointment of Magali Clavie as its new president.

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    Greek gaming operator OPAP has reported a 4.7% year-on-year increase in revenue for 2019, though the shut-down of its retail network in the country looks set to have a significant impact on revenue and earnings in 2020.

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    iGaming operator and supplier Newgioco has reported a decline in sports betting revenue in March, though this has been mitigated in part by growth in other verticals.

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    Sweden’s former gambling monopoly Svenska Spel has announced a series of measures to help the business mitigate the novel coronavirus (Covid-19) pandemic, including cancelling a proposed dividend and furloughing the vast majority of its casino staff.

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    The executive leadership of Scientific Games has voluntarily reduced its salaries by 50%, with chief executive Barry Cottle going without pay, as part of the solutions giant’s efforts to mitigate the novel coronavirus (Covid-19) pandemic.

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    Finnish gambling monopoly Veikkaus has decided to extend the shut-down of its arcades and slot machines hosted in retail outlets prompted by the novel coronavirus (Covid-19) pandemic indefinitely.

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    Standards body the Betting and Gaming Council (BGC) has published a new ten-point action plan to ensure its members keep customers safe during the novel coronavirus (Covid-19) crisis.

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    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)

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    Stockholm-listed NetEnt has opted to fully integrate slot developer Red Tiger into its business, and is to accelerate the payment of the earn-out attached to the acquisition to facilitate this process.

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    International Game Technology (IGT) has appointed Massimiliano Chiara as its new chief financial officer and executive vice president with effect from 6 April.

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    Live dealer software provider Evolution Gaming has said that it continues to experience strong demand for its products despite the global outbreak of novel coronavirus (Covid-19).

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    H2 Gambling Capital now expects global gambling gross win to fall by at least 11% in 2020 due to the spread of the novel coronavirus (Covid-19).

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    Sweden-facing operator Svenska Spel has announced that it will make a further SEK5m (£412,970/€444,748/$481,213) in grants available this year to research projects focused on gambling addiction.

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    The GB Gambling Commission has published new guidance for its licensees in response to growing concerns about the impact of novel coronavirus (Covid-19) on the British gambling market.

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    The Betting and Gaming Council (BGC) has urged the UK Chancellor to provide emergency help to save thousands of jobs across the gambling industry, after fresh concerns were raised over the impact of the novel coronavirus disease (Covid-19) on the sector.

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    William Hill has announced that it expects a material impact on revenue and earnings from the novel coronavirus (Covid-19) pandemic, and has therefore suspended its 2019 dividend to retain financial resources within the business.

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    The Gauselmann Group has announced that it is to consolidate the management of all global sales activities from its Merkur Gaming headquarters in Lübbecke, Germany.

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    German gaming giant Gauselmann Group has acquired what it describes as a “significant majority stake” in igaming platform provider Bede Gaming.

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    Åland Islands-based gaming operator Paf has struck a deal to acquire gaming operator Mandalorian Technologies for an undisclosed sum.

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