Daily news

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    Following the news that its Swedish operating licence had been revoked, Global Gaming has pledged to fight the decision.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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    Greek lotteries and gaming solutions provider Intralot has reported an 8.5% year-on-year decline in revenue for the first quarter of its financial year, following weaker performances from all key business units.

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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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    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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    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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    MGM Resorts International’s initiative to streamline the business and ramp up technology investment has prompted a number of changes to its executive team, with chief financial officer Dan D’Arrigo’s departure initiating a management reshuffle.

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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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    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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    CEO cites importance of roulette offering after securing UK licence

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    Jens von Bahr and Fredrik Österberg, the co-founders of Evolution Gaming, have opted to reduce their stake in the company

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    Codeta has announced the launch of a second funding round as part of its wider growth plans.

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    Live table games company Codeta has expanded its service offering into Austria, Germany and Switzerland.

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    After a hugely successful launch in 2015 the iGaming North America 2016 awards were presented during a prestigious ceremony on the third day of the iGaming North America Conference to a crowd of industry executives. 

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    Gaming solutions provider NYX Gaming Group has entered into a partnership with gaming content supplier Realistic Games.

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    Sportium, the joint venture between UK bookmaker Ladbrokes and Spanish operator Cirsa, has launched a new regulated online gambling service in Mexico.

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    Online gaming consumer business PokerStars is set to launch its new internet sportsbook ahead of schedule during the first quarter of 2015.

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    The PokerStars Spain subsidiary of the Amaya Gaming-owned online poker brand has cited a “minor technical issue” as the reason behind the withdrawal of online casino games from its service in the country during recent weeks.

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    Live dealer online casino supplier Ezugi has agreed a deal with Games Marketing to distribute the gaming company’s internet casino table games to its international gaming operators.

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    Gaming products designer and manufacturer International Game Technology (IGT) has announced it is to cut 7% of its global workforce as part of a cost-saving measure.

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    3D casino games platform Blue Gem Gaming has announced its entrance into the gaming sector.