The Philippines’ Central Bank and Anti-Money Laundering Council (AMLC) are investigating the potential economic impact of curtailing offshore gaming in the country, amid growing pressure from China to clamp down on the industry.
Australian gaming machines and content provider Ainsworth Game Technology (AGT) has posted a 66% slump in post-tax profit to Aus$10.9m (£5.98m/€6.59m/$7.31m) on the back of a 12% fall in turnover to Aus$234.3m for the 12 months through to the end of June.
Hard Rock International has submitted a bid for a licence to operate the planned integrated resort and casino at the site of the former Hellinikon Airport on the outskirts of the Greek capital, Athens.
Disgruntled gaming companies will have the opportunity to air concerns and clarify regulatory issues next month after Swedish gambling regulator Spelinspektionen invited licensees to a key meeting with various authorities.
The Higher Regional Court of Koblenz has confirmed an earlier ruling by the German city’s lower court that so-called “secondary lotteries”, which allow bets to be placed on lottery results, should not be available on the internet.
The European Commission has once again criticised Germany's proposed regulatory framework for gambling, warning that the short term legislation offered little incentive for operators to secure licences.
Binary options could be banned in Australia under proposals unveiled by the nation’s corporate regulator. ASIC is also looking to impose stricter conditions on the issue and distribution of CFDs after expressing concerns about the amount consumers are losing.
A 0.8% fall in gaming services exports helped to push Macau into a technical recession in the second quarter of 2019, new figures from the gambling enclave’s Statistics and Census Service have revealed.
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.
Kenyan president Uhuru Kenyatta has called upon the country's lawmakers to pass a total ban on gambling in the country, also warning that he expected bookmakers to pay in full any taxes considered to be owed to the authorities.
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.