Daily news

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    Colin McGowan, chief executive of Scottish Premier League club Hamilton Academical F.C., has proposed an amnesty in which anyone involved involved in Scottish professional football suffering from gambling-related harm could come forward for treatment.

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    The state-owned Bulgarian Sports Totalisator (BST) has been granted a monopoly over lottery products in the country, after a bill filed in January this year passed into law.

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    Nigeria’s National Lottery Regulatory Commission (NLRC) has awarded sports betting licences to Betwinner and Bet24hrs, amid efforts to expand the country’s regulated lottery and gaming industry.

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    Online gaming affiliate business Net Gaming Europe as appointed Robert Andersson as its new chief executive and president with immediate effect.

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    National Australia Bank (NAB) has become the first bank in the country to offer customers the option to block gambling transactions via its mobile application.

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    The Malta Gaming Authority (MGA) has cancelled Dorobet’s B2B gaming service licence after ruling that the online gambling operator breached rules related to regulatory payments.

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    Net Gaming Europe has reported a year-on-year drop in revenue and profit in 2019, with chief executive Marcus Teilman saying the introduction of new local regulations across Europe had made for a challenging year for the online gaming affiliate business.

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    Colorado’s gambling regulator, the Limited Gaming Control Commission, has approved seven licences and the state’s regulations for sports betting.

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    Sweden’s AB Trav och Galopp (ATG) posted the highest full-year revenue in the company’s history in 2019, though a decline in its core racing vertical and Sweden’s new gaming taxes hit operating profit for the year.

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    The Montana Lottery Commission has announced that it expects to begin the roll-out of sports betting terminals across the state in the week commencing 9 March, with a view to allowing consumers to place legal wagers soon after.

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    Penn National Gaming (PNG) has finalised its acquisition of a 36% stake in digital sports media company Barstool Sports for a total consideration of approximately $163m.

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    MoPlay operator Addison Global - which has seen its licences in Gibraltar and Great Britain suspended over financial issues  - is currently without a management team following mass resignations, iGaming Business understands.

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    Sports data services provider Sportradar has entered into a data and content partnership with sports betting analytics specialist The Action Network.

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    The Mississippi Gaming Commission has revealed that sports wagering revenue increased 64.5% year-on-year to $4.6m in January, while the state’s handle also climbed by $10.0m.

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    Lawmakers in Connecticut are to run the rule over several new bills that would legalise sports betting in the state, though the legislation is dependent on Governor Ned Lamont reaching agreements with the Mashantucket Pequot and Mohegan tribes.

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    The British Gambling Commission has followed its counterpart in Gibraltar by suspending the licence of Addison Global, which operates sports betting site MoPlay, as it conducts a review of the operator.

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    The German association of private media businesses, Vaunet, has called on state lawmakers to remove advertising restrictions set to impact broadcasters in the new gambling regulatory framework currently under discussion.

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    Addison Global, which operates sports betting brand MoPlay, has had its licence suspended by Gibraltar’s gambling regulator amid reports that the company is facing serious financial difficulties. 

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    Global Gaming has seen revenue slashed and the business incur losses after a tumultuous 2019 that saw the operator lose its Swedish licence, but chief executive Tobias Fagerlund believes the business can turn things around in the long term.

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    Affiliate marketing giant Catena Media has reported a full-year loss of €10.5m (£8.8m/$11.3m) for 2019, primarily due to impairment charges related to assets acquired between 2016 and 2018, while all core business units struggled in the period.

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