Daily news

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    Democratic Gubernatorial candidate Andy Beshear has announced plans to significantly expand Kentucky’s legal gambling market by legalizing commercial casinos, sports betting and online gaming if elected.

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    The Council of Europe (COE) has called on authorities in Malta to enhance their measures to combat money laundering and the financing of terrorism, after a new report highlighted a number of failings in the country’s current system.

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    OPAP-controlled online gaming operator Stoiximan Group has agreed a deal to launch a range of live casino content from Evolution Gaming.

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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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    Casino operator MGM Resorts International has announced that its GameSense responsible gaming initiative has surpassed 1m customer interactions at its US properties.

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    Sports betting revenue in New Jersey was up 174.0% year-on-year in August, while the US state also saw revenue increases within its online gambling and land-based casino markets.

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    The New York Gaming Commission has reopened the tender process for an independent company to conduct a study into the expansion of the state’s gaming market.

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    A trio of associations representing French land-based casino operators and their staff have called on the country’s government to confirm that La Française des Jeux (FDJ) will remain prohibited from offering casino games once privatised.

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    The Gambling Commission has hit Silverbond Enterprises, which owns London-based private members' club and casino The Park Lane Club, with a £1.8m fine for failings in its social responsibilty and anti-money laundering processes.

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    The Australian Federal Police (AFP) has closed a three-year investigation into allegations of bribery made against lotteries and betting operator Tabcorp due to a lack of evidence.

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    Casino Davos, the land-based operator jointly owned by Stadtcasino Baden Group and Belgium’s Ardent Group, has launched an igaming offering in the newly regulated Swiss market. After the Swiss Casinos' Casino Pfaffikon Zurichsee went live earlier this month, all four licensees in the market are now active.

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    Betclic Everest Group’s bet-at-home has revealed that it expects to receive an €11.9m (£10.7m/$13.1m) bill from the Austrian tax authorities, relating to the activities of its Linz-based subsidiary. This has prompted it to make changes to its intercompany invoicing practices, which will then see its annual tax burden increase by €5.0m.

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    888 Holdings has put a significant year-on-year decline in profit before tax in the first half down to higher spending, although the online gambling operator was able to post an increase in revenue for the period.

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    A new report from Poland’s Supreme Audit Office (NIK) has revealed that while regulated the gambling industry has grown rapidly following amendments to the country’s Gambling Act in 2017, it is still dwarfed by the illegal market.

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    New York’s four commercial casinos have reported revenue of $783,896 for August, with the market benefitting significantly from the launch of legal wagering at del Lago Resort & Casino and Resorts World Catskills.

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    Hesse has repeated its threat to break away from Germany’s other 15 federal states and develop its own regulatory framework for gambling should lawmakers fail to overhaul the country’s laws by 2021.

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    The majority of Finns do not trust MPs on gambling policy, according to a poll conducted by Bilendi Oy and commissioned by affiliate Kasino Curt. The survey also found that more Finns oppose Veikkaus’s gambling monopoly than support it

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    Stockholm-listed casino games developer NetEnt has agreed the first acquisition in its history, with a deal to take control of slot specialist Red Tiger Gaming worth up to £220m.

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    The board of Finnish gaming monopoly Veikkaus has committed to introducing a series of tighter responsible gaming controls as it looks to enhance social responsibility efforts, and has refused to rule out withdrawing certain products from the market.

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    Amid questions about the future of its status as Finland’s gaming monopoly, Veikkaus’s turnover, revenue and profits dipped slightly in the first half of 2019, as the company introduced stricter responsible gaming controls and saw lower turnover in almost every vertical.

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