Daily news

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    Scientific Games has said it expects to save more than $100m from cost-saving measures it has rolled out to help reduce the impact of the novel coronavirus (Covid-19) on the business.

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    French operator La Française des Jeux (FDJ) has secured a syndicated loan worth €380m (£333.8m/$413.0m) to finance its acquisition of exclusive operating rights for lottery games in the country for a further 25 years.

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    Greek gaming operator OPAP has begun the process of identifying a successor to chief executive Damian Cope, who is to step down from the role when his four-year contract comes to an end.

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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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    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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    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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    Loto-Québec has switched its focus to online after it temporarily suspended retail sales in response to provincial government measures to slow the spread of novel coronavirus (Covid-19).

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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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    The Ontario Lottery and Gaming Corporation (OLG) has announced that Stephen Rigby is to step down as its president and chief executive after five years at the helm.

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    Swedish gambling operator Svenska Spel has entered into a new partnership with national retail store chain Elon.

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    Greek gambling operator OPAP has made a series of changes to its management team, including appointing Jan Karas as its new chief commercial officer.

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    UK National Lottery operator Camelot has launched the latest phase of its retailer training programme designed to encourage responsible gambling across its customer base.

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    Finnish gambling monopoly Veikkaus has issued a warning to customers after it was made aware that some of its games were being offered over the phone by a third party without permission.

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    Pan-European lottery and sports betting group Sazka Group has announced the appointment of Kenneth Morton as its new chief financial officer.

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    Norwegian lottery operator Norsk Tipping has announced that it distributed almost NOK700m (£60.2m/€70.9m/$78.6m) in gambling proceeds to grassroots sports initiatives across the country during 2019.

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    A number of high-profile gaming businesses look set to compete in the tender process, which could see the contract to operate the UK National Lottery wrestled away from long-term incumbent Camelot for the first time.

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    The Massachusetts Lottery has extended its retail management deal with Scientific Games for a further three years.

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    The latest edition of Sweden’s annual survey on gambling participation has revealed that the percentage of the country’s adult population has dropped six percentage points in the past year.

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    Lottery solutions provider Pollard Banknote has struck a deal to acquire London-based mobile app developer Mkodo for an initial purchase price of £7.8m.

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    International Game Technology (IGT) has announced that Alberto Fornaro is to step down as its chief financial officer, with Timothy Rishton set to take on the role on an interim basis.

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