Daily news

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    H2 Gambling Capital has downgraded its gross win forecast for the global gambling sector by just $1bn this week, taking the total decline below pre-outbreak expectations to 21.7%.

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    Saratoga Harness Racing’s planned purchase of Wildwood Casino in Cripple Creek, Colorado from American Gaming Group (AGG) has been canceled because of the effect of the novel coronavirus (Covid-19) on both businesses.

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    International Game Technology (IGT) has announced the launch of its cashless gaming technology at Svenska Spel venues across Sweden.

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    The International Betting Integrity Association (IBIA) has called on all parties in the sports betting data supply chain to develop a set of global best practice standards for all providers.

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    Michigan’s Gaming Control Board (MGCB) has opened the process to accept online gaming supplier licence applications ahead of the state’s igaming roll-out.

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    Almost three quarters of regular bettors continue to wager on sports despite the majority of events having been cancelled or postponed as a result of the novel coronavirus (Covid-19) pandemic, according to a new report by Freebets.com.

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    Australian gaming machine supplier Aristocrat Leisure has said a deferred tax asset of approximately AUD$1.0bn (£537.8m/€598.2m/US$657.7m) meant it was able to post $1.6bn in comprehensive profit for the first half of its financial year.

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    The Pennsylvania Gaming Control Board (PGCB) has published new measures designed to allow casinos in the state to safely reopen following the shut-down enforced due to novel coronavirus (Covid-19).

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    A number of major commercial and tribal casinos operators have announced that they will begin to reopen some of their facilities across the US, following a period of temporary closure due to the novel coronavirus (Covid-19) pandemic.

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    The American Gaming Association (AGA) has urged the US government to raise the slot jackpot reporting threshold, which requires machines to be temporarily taken out of production while large jackpot winners complete a tax reporting form.

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    The conclusion of the legal dispute over the payment of value-added tax (VAT) on revenue generated from gaming machines has led to GVC Holding revealing that it expects to see up to £200m repaid.

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    Greek gambling operator OPAP has appointed chief commercial officer Jan Karas as acting chief executive while it seeks a permanent replacement for the outgoing Damien Cope.

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    Stock racing series Nascar and IMG Arena have paired up to launch a new virtual sports racing game title, developed by Leap Gaming.

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    The British Horseracing Authority (BHA) has outlined the preparatory steps it will take as it works to ensure racing can resume from 1 June.

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    Sweden’s Gaming Authority (Spelinspektionen) submitted new regulations on match fixing to the country’s National Board of Trade, for the board to notify the European Commission of the changes, and has conducted an impact assessment of the rules.

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    iGaming software supplier and white label solutions provider EveryMatrix has named Samoil Dolejan as the new chief executive of its MoneyMatrix payment processing business.

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    Esports betting operator Luckbox is preparing to list on Toronto’s TSX Venture Exchange, having accelerated its plans due to “booming business” during the novel coronavirus (Covid-19) lockdown.

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    A number of French racetracks look likely to be shut down only a week after resuming activities, with the country’s government preparing new rules for the racing industry’s return to action.

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    Norway’s parliament (Stortinget) has approved a legislative amendment aimed at preventing offshore gambling operators from advertising their services to consumers in the country via the internet.

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    Her Majesty’s Revenue and Customs (HMRC) has confirmed that it will not appeal a court ruling that determined value-added tax (VAT) was incorrectly applied to revenue earned from certain gaming machines prior to 2013.

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