Daily news

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    Atemi, the online gaming affiliate previously known as Rise Project, has acquired UK gaming affiliate 5 Star Traffic ahead of a potential initial public offering (IPO).

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    French gaming giant La Française des Jeux (FDJ) has launched V13 Invest, a new €30m (£27.0m/$33.5m) fund that will allow it to take stakes in new startups that can enhance its business processes.

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    The British Columbia Lottery Corporation (BCLC) has posted record revenue of CAD$2.59bn for the 2018-19 fiscal year, an increase of 3.5% from the prior year.

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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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    Swedish state-owned gaming business Svenska Spel has seen profits hit by increased regulatory costs in the first half of the year, though the operator noted that customer growth and revenue had recovered during the second quarter.

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    Betsson has reported a 5% year-on-year decline in revenue for the second quarter of 2019, which it blamed on struggles in the Nordic region and the Netherlands. For the first half of the year, revenue was up 2% to SEK2.6bn, though increased expenses saw profit for the period decline too. 

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    Gambling revenue in Pennsylvania reached a record $3.3bn (£2.6bn/€2.9bn) in the 2018-19 fiscal year, as the US state was boosted by additional income from regulated sports wagering.

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    Global Gaming is poised to recommence operations in the Swedish market after revealing it will launch a new online casino in the country through its partnership with igaming technology and platform provider Finnplay Group.

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    The Rivers Casino & Resort in Schenectady has become the first licensed venue in New York to accept legal sports bets, six years to the month after land-based sports wagering was legalised in the state.

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    William Hill US has agreed to provide both land-based and mobile sports betting services to Eldorado Resorts’ Isle Casino Hotel Bettendorf and Isle Casino Hotel Waterloo in Iowa.

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    Clarion Gaming, parent company of iGaming Business, has been approved as an associate member of the Association of Gaming Equipment Manufacturers (AGEM).

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    Cherry AB subsidiary ComeOn has been awarded new licences permitting it to offer its sportsbook and casino products in the regulated Danish market.

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    A bill to include sports betting in the list of Class III tribal gaming products is headed to the North Carolina Governor Roy Cooper after it was approved by the state’s House of Representatives. 

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    Two of Pennsyvlania’s land-based casinos will begin final testing of their online gaming offerings today (July 15), with a third to follow later this week. 

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    iGaming solutions giant Playtech has moved to enhance its live casino portfolio by launching two new roulette titles and revamping its Hi-Lo game.

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    Land-based casino win helped push revenue in the regulated New Jersey gambling market up month-on-month to $283.8m (£225.7m/€251.6m) in June, despite the state seeing declines in both sports betting and online gaming revenue.

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    Happy Friday igamers! This week Diary wonders why this industry's job losses are being celebrated, questions the Swedish approach, considers the collateral damage in Ireland and ponders the lack of unity in the industry.

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    Casino games supplier NetEnt has put a year-on-year decline in revenue and operating profit in the first half of 2019 down to ongoing weak development in Nordic countries, again citing Sweden as a market of particular concern.

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    BetWarrior, a new online gaming brand launched by PokerStars veterans Morten Tonnesen and José del Pino, has moved to expand its offering by entering into a content partnership with EveryMatrix.

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    The Global Lottery Monitoring System (GLMS), the platform through which state lottery operators track suspicious betting activity, has signed up as a silver member of US advocacy body, the National Council on Problem Gambling (NCPG).

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