Daily news

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    Gaming platform and services provider Nektan has raised £2.1m (€2.4m/$2.7m) before expenses through a share placement. Nektan offered 13,978,020 new ordinary shares at a price of 15 pence each.

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    Sportradar has linked up with original sports programming provider SportsGrid to launch a new 24-hour network dedicated to the sports betting market. The service will be available to all users free of charge.

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    Sweden’s newly-regulated igaming market has generated total turnover of SEK3.29bn (£271.3m/€313.8m/$352.8m) in the first quarter of the year, with former horse racing monopoly AB Trav och Galopp (ATG) dominating the channel. Svenska Spel Sport & Casino and ATG accounted for 50% of online market turnover over the three month period.

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    Swedish gambling group Cherry has been granted permission to delist its series B shares from the Nasdaq Stockholm exchange, confirming that May 7 will be its final day of trading.

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    The Iowa Senate has voted through a bill that would legalise sports betting and daily fantasy sports contests in the state. Senate File 617 would allow for wagering in-person, online and via mobile.

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    Sports betting integrity body ESSA has called for New Zealand to introduce a licensing regime for offshore operators alongside its planned point of consumption tax.

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    Two bills that would legalise sports betting in Montana have moved forward, with the Senate clearing one to return to the House and scheduling a third reading of the other.

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    Online gaming will go live in Pennsylvania from July 15, while the state’s first online sports betting offering set to launch within three weeks, the state’s Gaming Control Board (PGCB) has revealed.

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    Bulgaria-based gambling operator National Lottery JSC has selected Kambi to support the launch of a new online and retail sportsbook service with the Moldovan National Lottery.

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    The UK Gambling Commission has set out its business plan for 2019-20, with a continued focus on protecting consumers, preventing gambling-related harm and raising overall standards in the industry.

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    The New Zealand government has announced a series of measures to revitalise the country’s horse racing sector, with a point of consumption tax to be levied on offshore bookmakers for the first time.

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    French gaming operator La Française des Jeux (FDJ) has set out plans to ramp up corporate social responsiblity (CSR) efforts as part of a wider effort to clamp down on issues such as underage gambling, fraud and money laundering.

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    Las Vegas-based casino operator Affinity Gaming has appointed Mary Elizabeth Higgins as its new CEO, after Tony Rodio stepped down to take up the same role at Caesars Entertainment.

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    Bookmaker Betfred will not face any action over a television ad that attracted a consumer complaint after the UK’s Advertising Standards Agency (ASA) ruled that it did not breach its guidelines.

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    Washington State-based tribal casino operator the Quinault Indian Nation has accused Valve Corporation of facilitating illegal gambling on its online video games distribution platform Steam in a new lawsuit.

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    Scientific Games has agreed a deal to support Las Vegas-based casino giant Wynn Resorts with its roll out of digital sports betting and online gaming services in the US market.

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    Pennsylvania’s licensed fantasy sports operators have reported a slight improvement in revenue for March, following three consecutive months of decline, with revenue up $5,000 from February.

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    Gaming platform and services provider Nektan has sold a 57.5% stake in its Respin US subsidiary to Alternative Investment Partners Limited (AIP) for an initial cash consideration of £300,000 (€346,350/$391,680). The price is significantly below the original £2m consideration that the supplier had previously announced.

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    Sports betting and gaming operator SKS365 has appointed Luca Grisci as its new director of retail as part of an effort to strengthen its land-based operations.

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    Pennsylvania’s regulated sports betting market has posted its strongest revenue and handle figures since its opening, boosted by additional properties launching sportsbooks in March.

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