Daily news

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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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    Swedish operator AB Trav och Galopp (ATG) has reported a 2% year-on-year rise in net gaming revenue for the first half of 2019, but admitted that increased competition around horse racing had proved a challenge during the period.

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    Increased B2C revenue resulting from Playtech’s 2018 acquisition of Italy’s Snaitech offset a decline in B2B revenue for the gaming solutions giant in H1, though the deal also resulted in increased depreciation and amortisation, and financial costs, which hit profits.

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    PlanetWin365 operator SKS365 has been issued with a tax inspection report claiming that it owes €124m to the Italian authorities, having failed to declare significant revenue generated in the country's regulated gambling market.

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    GVC Holdings remains confident that the business will be able to withstand potential regulatory headwinds across a number of its key and emerging markets, and believes it will see little change to German operating conditions.

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    GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.

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    The German state of Hesse is gearing up to begin the process to award the country’s sports betting licences, with analysts warning that operators could see up to 70% of revenue disappear as a result of the restrictive operating model.

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    West Virginia’s sports betting market has reported revenue of $704,475.03 for the first five weeks of the state’s fiscal year, with Penn National Gaming’s Hollywood Casino at Charles Town Races maintaining its leadership of the market. 

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    William Hill has cited a reduction in the maximum stake on fixed-odds betting terminals in the UK and costs associated with its expansion efforts in the US as the primary reasons behind a year-on-year dip in adjusted operating profit for the first half.

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    UK-based games studio Blueprint Gaming has appointed Nicola Wallbank to the newly created role of head of corporate accounts.

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    The GB Gambling Commission has announced a number of changes to its licence conditions and codes of practice (LCCP) in a move it said will help make gambling fairer and safer for players.

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    The GB Gambling Commission has given its endorsement to the UK Government’s new Economic Crime Plan, which sets out plans to combat industry-related issues, such as money laundering and terrorist financing.

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    Nicky Morgan MP has been appointed as the new Secretary of State for Digital, Culture, Media and Sport, in one of a series of Cabinet changes after Boris Johnson took over as Prime Minister of the UK.

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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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    A new survey commissioned by Novomatic Group subsidiary Löwen Entertainment claims that more that 70% of the German public supports the roll-out of a uniform regulatory framework for all forms of gambling.

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    The GB Gambling Commission (GC) has agreed a deal for independent research sharing specialist Gambling Research Exchange (GREO) to support its new National Strategy to Reduce Gambling Harms.

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    GambleAware has agreed a deal for data and analytics specalist ViewIt UK to operate and manage the information system for the National Gambling Treatment Service as part of a wider effort to tackle gambling-related harm in the UK.

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    A bill to regulate sports betting in Puerto Rico is headed to Governor Ricardo Rosselló Nevares to be signed into law after passing the unincorporated US territory’s legislature. 

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    The Remote Gambling Association (RGA) and Association of British Bookmakers (ABB) are to be wound up and replaced by the Betting and Gaming Council, a new UK-facing operator body that aims to act as the industry’s mouthpiece. British Beer & Pub Association chief executive Brigid Simmonds will lead the new body.

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    Illinois Governor J.B. Pritzker has signed into law the far-reaching gaming expansion bill passed by the state legislature early in June, paving the way for the roll-out of regulated sports betting. 

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