Daily news

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    Lottery solutions provider AGTech Holdings has strenghtened its position in the Chinese lottery market by winning contracts to supply sports lottery terminals in three provinces and two municipalities.

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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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    The UK Government is to launch a consultation over proposals to increase the minimum age consumers must be to purchase a National Lottery scratchcard and play online instant win games from 16 to 18.

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    Greek gaming operator OPAP has confirmed that Michal Houst is to step down as chief financial officer and deputy chief executive by the end of September.

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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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    The Washington, DC Council has awarded Intralot a five-year contract to power the city lottery’s sports betting offering, despite mounting concerns over the manner in which the contract was handed to the Greek lottery and gaming solutions provider.

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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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    International Game Technology (IGT) has agreed to extend its partnership with the Colorado Lottery in the US by a further four years. IGT brokered the deal through its IGT Global Solutions Corporation subsidiary.

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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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    Germany’s state lottery association the Deutsche Lotto-und Totoblock (DLTB) has reported a 3% year-on-year decline in lottery sales for the first six months of 2019.

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    New research into gambling marketing and advertising has suggested that operators could be doing more to ensure promotional material is socially responsible and does not appeal to minors, especially on social media.

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    Italy’s Agenzia delle dogane e dei Monopoli (ADM) has denied newspaper reports that Czech gaming and lottery giant Sazka Group is in pole position to win a tender to operate the SuperEnalotto national lottery.

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    Svenska Spel’s Research Council has selected five new research projects to support, issuing grants totalling SEK5m to initiatives looking to find ways to better treat and understand gambling addiction.

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    A syndicate of eight investment banking groups have been selected to work on the privatisation of French state-owned gaming operator La Française des Jeux (FDJ).

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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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    Danske Licens Spil, the regulated market subsidiary of Danske Spil, has made it mandatory for players to set deposit limits across all its igaming brands, effective today (July 2).

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    Betting technology provider Sportech has named its interim executive chairman Richard McGuire as its new chief executive officer.

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