Daily news

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    H2 Gambling Capital downgraded its annual expectations for the global gambling sector by a further $780m to $356.9bn this week.

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    H2 Gambling Capital upgraded online gambling’s share of expected 2020 global gross win to 17.4% this week, with this expected to edge past 18% in the not-too-distant future.

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    Live dealer market leader Evolution Gaming has reported strong growth in the first half of 2020, with profit for the period almost doubling.

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    The Japanese Racing Association's Q2 results coming in ahead of pre-Covid expectations saw a stabilisation in H2 Gambling Capital’s 2020 forecast this week.

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    An end-of-quarter exchange rate adjustment offset a further downgrade in H2 Gambling Capital’s 2020 forecast for the pandemic-hit global gambling sector this week.

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    Table games supplier Galaxy Gaming has reported a 15.9% year-on-year decline in revenue for the first quarter of 2020, primarily due to the closure of land-based casinos as a result of the novel coronavirus (Covid-19) pandemic.

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    The Gambling Related Harm All Party Parliamentary Group (APPG) has published its final report on igaming harms, concluding that a range of strict new controls should be introduced, including a total prohibition on advertising and banning online in-play betting.

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    H2 Gambling Capital's tracking of the cumulative impact of the pandemic on the global gambling sector has seen the biggest absolute fall in FY expectations for five weeks.

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    Live dealer specialist Evolution Gaming has struck a strategic agreement with Golden Nugget that will see it expand the range of games provided to the US casino operator.

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    Colombian gambling regulator Coljuegos has published regulations governing the launch of live dealer online casino games in the country, having approved the legalisation of the vertical in April.

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    The Finnish Ministry of the Interior has issued a decree significantly reducing monthly and weekly loss limits for online casino offered by Veikkaus, while the monopoly operator has also announced that raffle draws will be suspended until further notice.

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    Global gambling revenue is now estimated by H2 Gambling Capital to finish the year below the total for 2013 as the novel coronavirus (Covid-19) crisis continues to disrupt the sector

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    A meeting of Germany’s heads of state in Berlin saw lawmakers approve gambling regulations to legalise online poker and casino from 1 July, 2021, as well as deciding on the location of the country’s new regulatory authority.

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    Gambling technology giant Playtech has extended its partnership with operator Betfred to provide exclusive casino, live casino, bingo and poker services and content until 2024.

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    Latvian gambling regulator the Lotteries and Gambling Supervisory Inspection (IAUI) has reported a 10.5% year-on-year increase in gross gambling revenue for 2019, due in part to significant growth within the igaming sector.

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    Greenwood Gaming & Entertainment will launch Evolution Gaming’s live dealer casino products across its Parx Casino-branded igaming sites in New Jersey and Pennsylvania.

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    Gambling tech giant Playtech has claimed two industry firsts with the launch of new live casino variants in the form of Live Slots and Quantum Blackjack.

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    Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino benefitted from a leap in table games stakes.

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    iGaming solutions provider EveryMatrix has agreed a deal to launch its CasinoEngine content aggregation platform for Flutter Entertainment in a number of key regulated markets.

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    The District Court for Prague 1 has ruled in favour of the Czech Republic government in a long-running legal battle with land-based casino operator Casino Kartáč over online roulette. This had seen the operator look to recoup CZK6.9bn in estimated lost revenue, after a 2006 request to launch online games was rejected.

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