Daily news

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    South African sports betting operator Hollywoodbets will be a new associate sponsor for KwaZulu-Natal-based rugby union team The Sharks, as part of a three-year deal.

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    NetEnt has reported a marginal decline in revenue for the third quarter of the year, after favourable exchange rates and the acquisition of Red Tiger Gaming partially offset struggles in the Norwegian, Swedish and UK markets.

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    After another difficult quarter, Betsson chief executive Pontus Lindwall has talked up the possibility of acquisitions and expansion into new markets, after the operator reported year-on-year declines in revenue and profit for the third quarter of the year.

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    Greek telecommunications giant OTE Group has denied local media reports that it is considering an acquisition bid for Intralot, though it has confirmed plans to partner the lottery and gaming solutions giant to apply for an online betting licence in the market.

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    Live dealer software supplier Evolution Gaming said its investment in new products and the expansion of its studios has led to a year-on-year increase in revenue and profit during the third quarter of 2019.

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    Online gambling operator BetWarrior has rolled out a new mobile sports betting product as part of its ongoing expansion strategy, following the launch of its brand earlier this year.

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    Online betting and gaming platform provider GAN has extended its partnership with FanDuel into Indiana, after the company received a temporary supplier license.

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    Swedish operator Svenska Spel has rolled out a new online gaming platform that will enable retailers to offer certain sports betting games and services over the internet.

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    As the Minister-Presidents of Germany's 16 federal states prepare to meet to discuss the future of gambling regulations, the German Sports Betting Association (DSWV) has urged a root-and-branch overhaul of the current framework.

     

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    Finnish gaming monopoly Veikkaus has denied local media reports suggesting that players are spending as much as €11.0bn (£9.51bn/$12.22bn) across is gaming machine estate, arguing the reported figures do not offer a true representation of its actual sales.

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    The GB Gambling Commission has called for ongoing industry cooperation to continue to tackle underage gambling after a new report from the regulator highlighted a decline in the number of 11 to 16-year-olds taking part in gambling activities.

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    A lawmaker in the Philippines has proposed a new 5% tax on revenue generated by the country’s licensed online gaming operators, with the move securing the backing of the country’s finance secretary Carlos Dominguez III.

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    Sports data provider Sportradar has appointed former Interwetten chief executive Werner Becher as managing director of US betting.

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    The International Betting Integrity Association (IBIA) has reported a year-on-year decline in suspicious betting alerts during the third quarter, with tennis again generating the most alerts for the period.

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    Casino operator Twin River Worldwide Holdings has enlisted Scientific Games to support its bid to take over the Rhode Island lottery contract currently held by IGT.

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    Brazil’s Investment Partnership Programme (PPI) has awarded a consortium comprising International Game Technology and Scientific Games the tender to operate the state-owned instant win gaming business Loteria Exclusiva Instantânea (Lotex).

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    The Latvian parliament has submitted a proposal for the country's 2020 budget to increase gaming taxes levied on land-based gambling in the country.

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    Gaming Innovation Group (GiG) is set to expand into the Croatian market after agreeing a deal to acquire a majority stake in Top Games, a gaming operator that qualifies for a remote gambling permit in the country.

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    Nasdaq Stockholm-listed Scout Gaming has brokered a new deal with Betway to launch its fantasy sports product with the online gambling operator in African gaming markets.

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    The Italian government has announced an increase in the taxes on video lottery terminals (VLTs) and Comma 6A Amusement with Prize slot machines.

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