Daily news

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    Swedish gaming operator LeoVegas has reported a 3.6% year-on-year rise in revenue for the first quarter of 2020, aided by growth the Nordic region offsetting a decline in revenue from the rest of Europe.

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    The Greyhound Board of Great Britain (GBGB) has released provisional plans to resume greyhound racing behind closed doors when the current government restrictions for novel coronavirus (Covid-19) are relaxed.

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    Andrew Daniels, founder of UK agency Degree 53, has launched a new gambling technology business with the aim of providing a full suite of operational services for sports betting and gaming businesses around the world.

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    The British Horseracing Association (BHA) has released a provisional racing schedule ahead of the sport's planned resumption, with the first action since the novel coronavirus (Covid-19) enforced shut-down to take place over the weekend of 23-24 May.

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    Toronto-listed supplier Bragg Gaming Group has agreed to sell its online media division, including its GiveMeSport news portal, to SN&CK Media Limited (SML) after completing a strategic review of its business.

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    Sazka Group believes it is coming to the end of the disruption caused by the novel coronavirus (Covid-19) pandemic, but says the rapidly evolving situation makes it difficult to determine the crisis' economic impact on the business.

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    The British Horseracing Association (BHA) has defended its decision to delay any resumption of racing in the UK, after its chief executive Nick Rust was reportedly urged to resign over the organisation’s handling of the crisis.

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    Sweden’s former horse racing monopoly operator AB Trav och Galopp (ATG) has reported a 10.7% year-on-year increase in net gaming revenue for the first quarter of 2019 to SEK1.11bn (£89.0m/€102.1m/$110.7m).

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    New Zealand’s Racing Industry Transition Agency (RITA) has announced initial approval for businesses and stakeholders in the country’s thoroughbred and harness racing sectors to return to work on 28 April.

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    Intralot believes the impact of novel coronavirus (Covid-19) on the business is yet to reach its peak, and does not expect to return to normal levels of activity until November this year.

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    Shareholders of Diamond Eagle Acquisition Corp. have approved the acquisitions of DraftKings and SBTech and the public listing of the new entity.

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    Kindred Group reported an 11.3% rise in first quarter revenue, and while net profit fell to £1.0m, the operator said a number of exceptional costs incurred during the period made it difficult to compare results on a year-over-year basis.

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    XB Systems has brokered an agreement to merge its X-Bet.co esports betting brand with UltraPlay white label site Buff.bet, in a deal it said would support its planned initial public offering (IPO).

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    Betsson chief executive Pontus Lindwall described the operator’s first quarter performance as “strong in all areas” after it reported year-on-year revenue growth and achieved a hat-trick of key milestones in the period.

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    European football’s governing body Uefa has called on all of its associations to complete their 2019-20 seasons despite the ongoing novel coronavirus (Covid-19) crisis.

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    New Zealand’s Racing Industry Transition Agency (RITA) has outlined a draft plan for a resumption of racing following the novel coronavirus (Covid-19) pandemic, with an initial resumption of greyhound racing on 11 May and thoroughbred racing on 3 July.

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    French gaming giant La Française des Jeux (FDJ) has reported a 5.4% year-on-year decline in stakes, and 0.9% decline in revenue, for the first quarter of 2020.

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    The UK's Horserace Betting Levy Board and the Racing Foundation have jointly pledged £22m in emergency support to the British horseracing industry to help it to manage the novel coronavirus (Covid-19) pandemic.

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    Kambi Group has revealed that it expects to achieve a year-on-year increase in revenue for the first quarter of 2020, while the sports betting service provider has set out a series of cost-saving measures to help mitigate the impact of novel coronavirus (Covid-19).

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    GVC has promoted Grainne Hurst from director of responsible gambling to the newly created role of corporate affairs director.

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