Daily news

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    Esports betting operator Esports Entertainment Group has signed a letter of intent to acquire certain assets of mobile games studio Flip Sports.

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    The British Horseracing Association (BHA) has appointed Julie Harrington, the former head of British Cycling, as its new chief executive.

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    Alot Solutions, the B2B division of lottery betting giant Lottoland, has appointed Geaspar Byrne as its new chief financial officer.

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    The enlarged Gamesys Group has seen reported gaming revenue double year-on-year in the six months to 30 June, aided by record revenue from Asia.

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    Digital media giant InterActiveCorporation (IAC) has acquired a 12% stake in MGM Resorts International, describing the investment as a “once in a decade” opportunity.

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    South African gaming and entertainment business Tsogo Sun has struck a deal move into the country’s sports betting market through the acquisition of a 50.1% stake in local land-based and online operator Betcoza.

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    Ninja Casino operator Global Gaming has given its approval to a number of new appointments to its board of directors, following a proposal put forward by Baltic-facing operator Enlabs.

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    Social gaming giant Zynga will follow its $1.85bn acquisition of Peak with a deal for a second Turkish games developer, Istanbul-based Rollic.

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    Baltic-facing operator Enlabs has put forward a number of proposed individuals to be appointed to a new board of directors at Global Gaming, in relation to its recent acquisition of a larger stake in the Ninja Casino operator.

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    Gaming solutions giant Playtech expects earnings for the first half of 2020 to reach €160m, after a strong performance from its online and financials divisions helped offset novel coronavirus’ (Covid-19) disruption to retail and sports in the period.

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    William Hill has reported a 31.7% year-on-year decline in revenue for the first half of its financial year, though a £230.7m value added tax (VAT) refund allowed the operator to post a £115.6m net profit for the period.

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    The novel coronavirus (Covid-19) pandemic has hit International Game Technology (IGT) hard in the second quarter of 2020, with revenue dropping 48.4% and the business posting a net loss of $279.6m.

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    The B2B division of lottery betting giant Lottoland, Alot Solutions, has made what it calls a significant equity investment in G Games, the igaming content developer formerly known as Gamevy.

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    Swedish online gambling developer Gaming Corps has appointed Mats Lundin, formerly of iSoftBet and Play’n Go, as its new chief commercial officer.

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    Gauselmann Group’s Merkur Sportwetten subsidiary has increased its stake in Belgian sports betting operator Betcenter Group to 74.9%, with plans to grow its omichannel business in the market.

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    UK racecourse operator the Arena Racing Company (ARC) has announced that the Belle Vue Stadium greyhound racing venue will permanently close, saying there is “no longer a business case” to keep the site operating.

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    Nasdaq First North-listed igaming supplier Spiffbet has agreed a deal to acquire Goliath Holding, the parent company of online casino brand Goliath Casino.

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    Online football stock market Football Index has entered into a partnership with responsible gambling platform beBettor to use affordabilty checks to improve its player protection safeguards.

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    Esports Entertainment Group has completed the acquisition of online betting and gaming operator Argyll Entertainment and its operating subsidiaries for an undisclosed amount.

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    The iGB Live! and iGB Affiliate Amsterdam shows have been postponed to 2021, amid ongoing uncertainty caused by new travel restrictions related to the ongoing novel coronavirus (Covid-19) pandemic.

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