Daily news

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    US commercial gross gaming revenue (GGR) for the first half of 2020 fell 45.6% year-on-year to $11.70bn, according to the latest figures from the American Gaming Association (AGA).

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    Industry supplier i3 Interactive announced today (11 Aug) that it has entered into an agreement to acquire all shares in an unnamed private British Columbia (BC) corporation that owns and operates a poker brand active in the Indian market.

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    Lithuanian gambling revenue in the first half of 2020 fell by 15.9% to €43.8m (£4.0m/$5.2m) as the novel coronavirus (Covid-19) pandemic led to online revenue overtaking that of the land-based sector.

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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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