Daily news

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    Gaming machine manufacturer Dransfields has acquired the entire issued share capital of Gameco Holdings Limited, the parent company of multi-platform games provider Reflex Gaming.

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    JPJ Group has entered into a conditional agreement to acquire the majority of its technology partner Gamesys’ assets for a total consideration of £490m (€549.8m/$620.9m).

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    Inspired Entertainment has entered into a definitive agreement to purchase the Gaming Technology Group (GTG) arm of Novomatic UK. The supplier will pay $120m (£94.4m/€106.0m) to acquire the assets.

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    UK-based games studio Blueprint Gaming has appointed Andy Mace, formerly head of casino at Bet365, as its new director of accounts.

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    The Gambling Commission has joined forces with partners in Wales to develop a new national strategy, with the aim of reducing gambling-related harms in the country.

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    Australian gaming machines and content provider Ainsworth Game Technology has warned that it is likely to miss financial targets for the second half of its 2019 financial year, with its current performance failing to meet expectations.

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    GambleAware has reiterated calls for UK operators to offer further financial support its problem gambling efforts after revealing that industry funding failed to meet its 2018-19 target.

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    Greek lottery and gaming solutions provider Intralot has reorganised its operations, technology, digital and commercial divisions as part of a wider restructuring of the business.

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    LeoVegas has reported an 11.6% rise in revenue for the first quarter of 2019, though growing costs saw the Stockholm-listed gaming operator post a €31,000 (£26,611/$34,757) loss for the period.

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    Paddy Power Betfair has reported a 17% year-on-year increase in revenue for the first quarter of 2019, with strong growth in its US and Australian operations offsetting a decline in online sports betting revenue.

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    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.

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    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.

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    Las Vegas-based casino giant Wynn Resorts has abruptly terminated discussions with Crown Resorts less than a day after announcing that it was looking to acquire the Australian gaming operator.

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    Australian gaming machines and content provider Ainsworth Game Technology has named Lawrence Levy as it new CEO. Levy will take up the role on a full-time basis from July 1, 2019.

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    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.

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    Gaming solutions giant Playtech has appointed Anna Massion and John Krumins as non-executive directors of the business, with immediate effect.

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    The UK Gambling Commission has renamed its Responsible Gambling Strategy Board (RGSB) as the Advisory Board for Safer Gambling (ABSG) to help reflect a sharper focus on safer gambling.

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    The Responsible Gambling Strategy Board (RGSB) has said that the 2016-19 National Responsible Gambling Strategy achieved a number of key milestones, but ultimately failed to make as much progress as hoped in tackling gambling-related harm in Great Britain.

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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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    The Stars Group chief executive Rafi Ashkenazi believes the operator can achieve double-digit growth in highly competitive and mature UK market in 2019, by leveraging the Sky Betting and Gaming assets acquired in 2018.

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