Daily news

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    Philip Easthill has stepped down as secretary general of the European Casino Association (ECA), while the organisation has also announced a new structure for it secretariat.

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    Pentasia’s 2019 edition of its Ambitions survey reveals that new technology and markets are key motivations for candidates seeking pastures new in the igaming industry, while learning beats earning for a majority of respondents.

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    The European Gaming and Betting Association (EGBA) has called on the European Commission to work towards a standardised regulatory framework for gambling across the continent.

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    Czech gaming and lottery giant Sazka Group has put forward an offer of €2.06bn (£1.85bn/$2.31bn) to gain full control of Greek gaming operator OPAP.

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    GVC Holdings has fended off a shareholder revolt over executive pay, with a small majority of shareholders backing the company’s 2018 remuneration report.

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    Sports betting integrity monitoring body ESSA has rebranded as the International Betting Integrity Association. It has also revealed a sharp decline in suspicious betting alerts generated by tennis over the first quarter of 2019, with the total number of alerts across all sports down 26% year-on-year.

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    Bragg Gaming Group, the Toronto-listed operator and supplier formed through the acquisitions of sports news portal GiveMeSport and igaming software developer Oryx Gaming, has reported revenue of CAD$10.4m in its first set of quarterly results.

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    Multinational online payments giant Paysafe Group has appointed Philip McHugh as its new chief executive, replacing Joel Leonoff in the role. McHugh joins from Total System Services, with Leonoff shifting to a new role as vice chair of Paysafe's board.

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    Online gaming software supplier EveryMatrix has struck a deal to sell off its customer-facing brand Jetbull to Swedish operator Amgo iGaming in a €2m (£1.8m/$2.2m) deal.

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    European regulatory authority Gaming Regulators European Forum (GREF) has appointed Jorn Starck, executive director of the Alderney Gambling Control Commission, as its new chairman.

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    Happy Friday igamers! This week we do the sums on where good causes money is going in Ireland, ponder an odd image and say farewell to the man who threw the industry into disarray with his reinterpretation of the Wire Act.

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    Unibet operator Kindred Group has reported an 8.0% year-on-year rise in revenue for the first quarter of 2019, though has seen earnings impacted by costs associated with its launch in Sweden’s newly regulated igaming market.

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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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    Digital performance marketing solutions provider XLMedia has reported a 14.4% decrease in revenue for 2018, which it attributed to a number of regulatory issues impacting performance over the year.

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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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    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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    London-listed 888 Holdings has promoted Andrew Anthony, a 15-year veteran of the operator's finance department, to lead player protection efforts as its new responsible gaming director.

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    Paddy Power Betfair has acquired an initial 51% stake in Georgian online sports and betting operator Adjarabet for €101m.

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