Daily news

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    White label and gaming content provider Nektan has announced plans to raise £3.0m in working capital, as well as restructuring existing loan agreements, warning the business requires new funding to continue as a going concern.

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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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    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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    Swintt, a B2B casino games provider led by former chief executive of NYX Interactive and JPJ Group's Vera&John David Flynn, has announced a strategic investment in Indian casino games developer RNGplay.

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    Austrian gaming giant Novomatic has reported a 1.8% year-on-year fall in revenue for the first half of its financial year, with changes to gaming regulations in core markets such as Germany and Italy blamed for the decline. This led to significant increases in depreciation and amortisation, which drove down profit for the period.

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    Online gambling revenue in the regulated Lithuanian market increased to €17.5m (£15.9m/$19.3m) in the first six months of 2019, while revenue from land-based gaming was also up year-on-year.

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    The New South Wales Gaming Machines Regulation 2019 and Casino Control Regulation 2019 will both come into effect on 1 September, bringing in changes predominantly related to harm minimisation measures.

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    Nevada has once again seen its sportsbook handle fall below that of New Jersey, with customers in the state wagering a total of $235.7m in July. 

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    Toronto-listed gaming operator and supplier Bragg Gaming has launched a strategic review of its online media division, comprising its GiveMeSport and GiveMeBet assets, with a view to selling off the unit to focus on B2B operations.

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    Pennsylvania’s licensed operators have generated revenue of $812,306 in the first sixteen days following the opening of the state’s regulated igaming market, with customers wagering almost $50m.

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    Gaming technology provider PlayAGS has reported a 2.3% year-on-year increase in revenue for the three months to June 30, 2018, despite also seeing its net losses widen over the period.

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    Gambling revenue in the regulated Latvian market climbed 14.7% year-on-year to €154.5m (£142.0m/$172.1m) in the first half of 2019, with national regulator the Lotteries and Gambling Supervisory Inspection (IAUI) citing growth across all verticals.

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    The New Zealand government has launched a public consultation to gauge public support for regulating new forms of online gambling. Members of the public and industry stakeholders are invited to submit comment on four potential regulatory models, as well as harm prevention measures, by September 30.

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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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    Latvia gambling regulator the Lotteries and Gambling Supervisory Inspection (IAUI) has announced details of a new initiative whereby consumers suffering with gambling-related problems can access state-funded psychologist support.

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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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    Swiss gambling regulator Eidgenössische Spielbankenkommission (ESBK) has reported a 3.4% year-on-year increase in revenue from the country’s land-based casinos in 2018, driven largely by the slot vertical.

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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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    Norwegian state-owned gambling operator Norsk Tipping has again tightened its responsible gambling controls, with players now shown an overview of their playing habits when they log into their online accounts.

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    Dutch gambling regulator the Kansspelautoriteit (KSA) has published its final duty of care guidelines, following a public consultation on the player protection measures.

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