Daily news

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    White label and gaming content provider Nektan has placed a further 2.5m shares with an investor on top of its earlier share placement that concluded in October, raising a further £125,000 (€145,297/$161,073).

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    Online betting and gaming platform provider GAN has reported a 222% year-on-year increase in gross operator revenue for the four months to October 31, 2019, primarily due to higher than expected demand for internet gambling in both New Jersey and Pennsylvania.

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    Democratic Party candidate Andy Beshear — who pledged to legalize commercial casinos, sports betting and online gaming if elected — has won Kentucky’s gubernatorial election.

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    Caesars Entertainment reported a 2.3% revenue increase to $2.24bn for the third quarter of 2019, but the operator swung to a loss due to impairment costs from the company’s sale of the Rio All-Suites Resort & Casino for a lower fee than the company’s valuation.

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    Gaming Innovation Group (GiG) has reported lower revenue and wider losses in the third quarter, primarily due to the ongoing impact of new regulations in Sweden, while the operator and supplier has also announced the permanent appointment of Richard Brown as its chief executive.

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    Various major operators have declared their support for a new, UK-facing safer gambling initiative aimed at addressing the harm gambling can cause to consumers and young people.

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    Sports betting solutions provider Kambi Group, in collaboration with gaming and platform provider Bragg Gaming Group, has agreed a multi-channel deal to supply sportsbook technology to three New York casinos operated by Seneca Gaming Corporation (SGC).

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    Cherry-owned operator ComeOn has launched its Comeon.com brand in Denmark, having received a five-year licence from the Danish Gaming Authority.

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    Gambling.com group has appointed Max Bichsel, formerly director of US sales for Kambi, as vice president with a focus on its US business.

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    Sports wagering revenue in West Virginia climbed in October as operators in the state were boosted by an increased usage of mobile betting platforms.

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    PokerStars has become the first online poker brand to go live in Pennsylvania after it launched in the state in partnership with Fox Bet, the joint venture between its parent company The Stars Group and broadcaster Fox Sports.

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    British media giant News UK has appointed Gaming Realms co-founder Simon Collins as its new managing director for betting and gaming.

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    Betclic Everest Group’s bet-at-home subsidiary has put a year-on-year increase in both revenue and earnings during the first three quarters of the year down to focused marketing efforts in core European markets.

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    Sweden-based, Baltic-facing operator Enlabs posted record revenue for the third consecutive quarter, breaking the €10m(£8.6m/$11.1m) barrier for the first time.

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    The Hellenic Competition Commission (HCC) has given its approval to OPAP’s pending acquisition of a majority stake in Stoiximan Group’s Greek and Cypriot operations.

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    Online gaming solutions provider Aspire Global has reported a year-on-year rise in revenue for the third quarter, but also saw operating income slip 23.3% due to higher costs associated with expansion into new markets.

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    Ukraine’s parliament has released the full text of the bill to legalise gambling in the country, which includes provisions for online betting and igaming.

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    An Irish bookmaker has lost a High Court challenge to rule changes about how operators are allocated pitches in premium areas of racecourses.

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    Aspire Global-owned game aggregator Pariplay has secured a foothold in the US market through an agreement with 888casino in New Jersey.

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    Sportsbook and daily fantasy sports operator DraftKings has agreed to a partnership with the National Basketball Association (NBA) that will make the company an “authorized sports betting operator” of the league.

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