Daily news

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    Latvia gambling regulator the Lotteries and Gambling Supervisory Inspection (IAUI) has announced details of a new initiative whereby consumers suffering with gambling-related problems can access state-funded psychologist support.

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    The GB Gambling Commission (GC) has agreed a deal for independent research sharing specialist Gambling Research Exchange (GREO) to support its new National Strategy to Reduce Gambling Harms.

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    GambleAware has agreed a deal for data and analytics specalist ViewIt UK to operate and manage the information system for the National Gambling Treatment Service as part of a wider effort to tackle gambling-related harm in the UK.

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    Dutch gambling regulator the Kansspelautoriteit (KSA) has published its final duty of care guidelines, following a public consultation on the player protection measures.

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    The Office of Responsible Gambling for the Australian state of New South Wales (NSW) is to invest AU$1.3m in a number of projects designed to help protect consumers from gambling-related harm.

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    Following the news that its Swedish operating licence had been revoked, Global Gaming has pledged to fight the decision. Earlier today Swedish regulator Spelinspektionen cited significant failings in the operator's social responsiblity and anti-money laundering controls as grounds for removing the certification.

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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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    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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    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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    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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    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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    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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