Daily news

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    Experienced public servant Shane Lucas has been appointed chief executive of the Victorian Responsible Gambling Foundation, the Australian state’s body for helping those affected by gambling-related harms.

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    The Gambling Awareness Trust has been established to tackle problem gambling-related issues in Ireland, with the independent charity to have access to over €1m (£854,400/$1.1m) in funding each year.

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    The National Collegiate Athletics Association (NCAA) Division I Men's Basketball Tournament, commonly known as March Madness, is set to attract up to $12.1bn (£9.2bn/€10.7bn) in wagers, according to figures from H2 Gambling Capital.

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    Simon Barff has stepped down as UK managing director at Blueprint Operations, with David Purvis set to join the land-based slot and analogue games supplier as part of a management restructure.

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    GVC Holdings has appointed David Foster, who spent more than three years at public affairs manager at Paddy Power Betfair, as its new head of regulatory affairs.

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    Paddy Power Betfair has seen its 2018 revenue grow as a result of the acquisition of FanDuel and an improved performance by the Paddy Power brand in the UK market, though the US investment has also hit full-year profits.

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    GVC Holdings chief executive Kenneth Alexander has credited excellent operational execution, effective marketing and a good World Cup for helping drive growth in the operator’s 2018 results.

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    William Hill has posted a £721.9m (€840.3m/$955.8m) pre-tax loss for 2018, as a result of an £882.8m write-down of the value of its retail business ahead of maximum B2 machine stakes being cut to £2 from April. Despite this, the operator hailed good underlying progress achieved over the year, with 2018 revenue up 2% year-on-year to £1.6bn.

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    The Labour Party is to demand mandatory limits on player spending, staking and speed of play for online gaming as part of a root-and-branch overhaul of igaming regulation in England, Scotland and Wales.

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    US racetrack and casino operator Churchill Downs Incorporated (CDI) has cited its racing and online advance deposit wagering (ADW) divisions as key drivers of a 14.3% year-on-year increase in revenue for 2018.

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    Sportradar has moved to enhance its relationship with Major League Baseball (MLB) to become the organisation’s official global data partner.

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    The Senet Group, the UK-facing responsible gambling organisation, has published its official response to the Gambling Commission’s consultation on a new national strategy, calling for greater clarification on key strategic themes.

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    Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.

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    Irish trade union Mandate has said Paddy Power could be forced to pay out up to €80,000 in compensation to staff who were not given proper breaks at work.

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    Igaming content provider Pragmatic Play has completed the acquisition of virtual sports software supplier VSoftCo as it looks to strengthen its multi-product strategy.

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    GVC Holdings is to invest $5m in a joint research project conducted in partnership with Harvard Medical School as part of its new Changing for the Bettor campaign, through which it aims to improve player protection standards across its product range.

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    Italian gaming technology supplier Newgioco has agreed a deal to acquire virtual sports specialist Virtual Generation for an initial $4.5m.

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    Finnish betting and lotteries agency Veikkaus is to cut 400 jobs from its land-based, table-gaming business in order to focus more on digital activities.

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    GVC Holdings has announced a series of changes to its senior management team, with Tom Ritzema, Nick Batram and Paul Tymms all taking on new roles

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    Problem gambling funding body GambleAware has named Rachel Pearce, a regional director with the NHS, as a new trustee.

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