Daily news

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    The board of Finnish gaming monopoly Veikkaus has committed to introducing a series of tighter responsible gaming controls as it looks to enhance social responsibility efforts, and has refused to rule out withdrawing certain products from the market.

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    Amid questions about the future of its status as Finland’s gaming monopoly, Veikkaus’s turnover, revenue and profits dipped slightly in the first half of 2019, as the company introduced stricter responsible gaming controls and saw lower turnover in almost every vertical.

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    The decision to grant Casinos Austria International (CAI) online betting and casino licences has been annulled by Belgium's Council of State, potentially throwing the future of its sub-licensee Betway in the market into doubt.

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    Japan has launched a public consultation on proposed regulations for integrated resorts, including the country’s first casinos, with people able to submit comments on the controls until 3 October.

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    Swintt, a B2B casino games provider led by former chief executive of NYX Interactive and JPJ Group's Vera&John David Flynn, has announced a strategic investment in Indian casino games developer RNGplay.

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    Gambling operator Genting has opted to bring its online product range together under a single brand, with its online casino, live casino and sportsbook offering now available under the GentingBet name.

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    Better Collective has completed the acquisition of online gambling information website MyBettingSites.co.uk in a deal worth up to £2.2m (€2.4m/$2.7m).

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    Austrian gaming giant Novomatic has reported a 1.8% year-on-year fall in revenue for the first half of its financial year, with changes to gaming regulations in core markets such as Germany and Italy blamed for the decline. This led to significant increases in depreciation and amortisation, which drove down profit for the period.

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    Online gambling revenue in the regulated Lithuanian market increased to €17.5m (£15.9m/$19.3m) in the first six months of 2019, while revenue from land-based gaming was also up year-on-year.

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    A report on the Swedish Gaming Authority’s (Spelinspektionen) enforcement efforts in the country’s igaming market has concluded that many licensees are simply “unaccustomed” to its regulatory approach.

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    Revenue from Denmark's regulated online gaming market increased 6.1% year-on-year to DKK1.73bn (£210.2m/€232.0m/$256.1m) in the second quarter of 2019, with mobile growing in prominence and online casino's contribution close to overtaking sports betting revenue.

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    The New South Wales Gaming Machines Regulation 2019 and Casino Control Regulation 2019 will both come into effect on 1 September, bringing in changes predominantly related to harm minimisation measures.

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    The state of Nordrhein-Westfalen claims criticism of the third amended State Treaty on Gambling by the European Commission will not lead to any major changes to the wording of the legislation.

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    Melco Resorts & Entertainment has amended its agreement to acquire a 19.99% stake in Australia’s Crown Resorts to allow the New South Wales Liquor and Gaming Authority to complete an investigation into the transaction and other matters related to the seller.

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    Dutch gambling monopoly Holland Casino has reported a 12% year-on-year rise in revenue for the opening six months of 2019, aided by increased visitor numbers and customer expenditure.

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    Nevada has once again seen its sportsbook handle fall below that of New Jersey, with customers in the state wagering a total of $235.7m in July. 

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    Australian gaming machines and content provider Ainsworth Game Technology (AGT) has posted a 66% slump in post-tax profit to Aus$10.9m (£5.98m/€6.59m/$7.31m) on the back of a 12% fall in turnover to Aus$234.3m for the 12 months through to the end of June.

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    Hard Rock International has submitted a bid for a licence to operate the planned integrated resort and casino at the site of the former Hellinikon Airport on the outskirts of the Greek capital, Athens.

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    The European Commission has once again criticised Germany's proposed regulatory framework for gambling, warning that the short term legislation offered little incentive for operators to secure licences.

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    A 0.8% fall in gaming services exports helped to push Macau into a technical recession in the second quarter of 2019, new figures from the gambling enclave’s Statistics and Census Service have revealed.

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