Daily news

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    The battle between payments and Know Your Customer (KYC) solutions provider iSignThis and the Australian Securities Exchange (ASX) over the suspension of its shares looks set to continue, with no sign of a resolution in sight.

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    GVC Holdings chief executive Kenny Alexander hit back at the All-Party Parliamentary Group that accused him of “cowardly behaviour” and their recommendation of a £2 stake limit on online casino games, a suggestion he labelled “ridiculous”.

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    The Australian Communications and Media Authority (ACMA) is to begin using its powers to order internet service providers (ISPs) to block access to illegal offshore gambling websites.

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    Licensed operators in Indiana generated $11.5m (£9.0m/€10.4m) in adjusted gross revenue from sports betting in October, while the handle for the state’s market increased rose to $91.7m.

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    The Malawi Gaming Board is preparing to launch a request for proposals (RFP) process to award additional sports betting, casino and wide area progressive licences in the country.

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    Betting services supplier Sports Information Services (SIS) has agreed a deal to provide its 24/7 Mixed Racing Betting Channel to online gambling group Argyll Entertainment.

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    Gambling operator Betway is to become a member of Branschföreningen för Onlinespel (BOS), the trade association for online gaming in Sweden.

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    Gaming technology supplier PlayAGS has posted a net loss of $5.5m for the third quarter, despite also reporting an increase in revenue for the period.

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    The American Gaming Association (AGA) has appointed Trevor Croker, chief executive and managing director of Aristocrat Leisure, as its new chairman.

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    Norway-based lottery solutions provider Next Generation Lotteries (NGL) has acquired Novomatic Lottery Solutions (NLS), a subsidiary of the Austrian gaming giant, for an undisclosed sum.

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    Scientific Games has reported a 4% year-on-year increase in net revenue for the third quarter after growth across all of its business segments, which saw the supplier return to profitability for the period.

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    Playtech has entered into a new partnership with GVC Holdings to launch Elevation, a new, dedicated live casino studio for the operator.

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    Daily fantasy and sports betting operator DraftKings has rolled out its mobile sportsbook in Pennsylvania. DraftKings is also active in New Jersey, Indiana and West Virginia.

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    Branschföreningen för Onlinespel (BOS), Sweden’s trade association for online gambling, has hit out at the national government’s approach to illegal gaming activities, saying imposing certain restrictions on licensed operators will allow illegal sites to increase their market share.

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    Dutch gambling regulator Kansspelautoriteit (KSA) is to begin publicising operators that refuse to pay fines, in order to help consumers to identify unlicensed and illegal websites.

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    Unibet operator Kindred Group has launched a search for a new chief financial officer after Albin de Beauregard revealed that he is to step down from the role.

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    Affiliate marketing giant Better Collective reported record revenue of €17.1m for the third quarter of 2019, a 53.9% year-on-year increase, which the business said was largely attributable to acquisitions in the US and Sweden.

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    LeoVegas Gaming Group has reported a year-on-year increase in both revenue and operating profit for the third quarter after experiencing growth across most of its core markets.

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    Flutter Entertainment saw revenue increase 10% to £533m (€618.4m/$685.7m) for the third quarter of 2019, as FanDuel and Sportsbet’s successes in the US and Australia respectively offset a retail decline driven by fixed odds betting terminal (FOBT) regulation.

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    The Swedish Gaming Authority (Spelinspektionen) has reported a quarter-on-quarter increase in online gaming revenue for the three months to the end of September, but saw a decline in overall market revenue for the period.

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