Daily news

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    Denmark’s Gaming Authority (Spillemyndigheden) has announced that Anders Dorph is to become its new director, with effect from 1 November.

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    Casino operator Penn National Gaming (PNG) has raised $982.1m through a public offering of shares, with the proceeds to be used to fund its online betting and gaming expansion plans.

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    888 Holdings saw revenue grow 36.7% year-on-year in the first half of the year, thanks to strong growth across its gaming products and declines in sports betting’s contribution kept to a minimum.

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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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    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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    Novomatic has struck a deal for Ainsworth Game Technology, in which the Austrian gaming giant holds a 52% stake, to distribute its products in the Asia-Pacific region.

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    GambleAware, Great Britain's charitable funding body for gambling related research, education and treatment, has announced that Mark Etches is to step down from his role as its chief executive at the end of March 2021.

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    The Young Gamers and Gamblers Education Trust (YGAM) has joined forces with Unison on a new initiative to provide members of the UK trade union with expert training on gambling and related harms.

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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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    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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    Gaming solutions giant Playtech expects earnings for the first half of 2020 to reach €160m, after a strong performance from its online and financials divisions helped offset novel coronavirus’ (Covid-19) disruption to retail and sports in the period.

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    The novel coronavirus (Covid-19) pandemic has hit International Game Technology (IGT) hard in the second quarter of 2020, with revenue dropping 48.4% and the business posting a net loss of $279.6m.

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    Svenska Spel chief executive Patrik Hofbauer said the operator is showing signs of recovery following the disruption caused by novel coronavirus (Covid-19), which led to a 9.6% year-on-year revenue decline in the first half of the year.

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    GVC Holdings has reported an 11% year-on-year decline in revenue for the first half of 2020, though outgoing chief executive Kenneth Alexander hailed the strong performance of the operator’s online business during the period.

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    Shareholders of Roar Digital, the joint venture between MGM Resorts and GVC Holdings, have committed to a second round of investment in the business, bringing its total funding to $450m.

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    Gaming solutions giant International Game Technology (IGT) has announced a new organisational structure that focuses the business on two key segments.

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    France's new gambling regulator L’Autorité nationale des Jeux (ANJ) has officially launched today (22 June) after board members staged their first formal meeting.

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    A new survey by the UK government reveals that gambling businesses are split over whether they can withstand the disruption caused by novel coronavirus (Covid-19), though a significant number of respondents reported revenue being wiped out by lockdown.

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    The Betting and Gaming Council (BGC) has revealed that its five largest members will spend £100m (€111.4m/$125.4m) on improving treatment services for problem gamblers in the UK.

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    Louisiana Governor John Bel Edwards has appointed Lieutenant Colonel Mike Noel as the new chairman of the state’s Gaming Control Board.

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