Daily news

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    Australian gaming machines and content provider Ainsworth Game Technology has warned that it is likely to miss financial targets for the second half of its 2019 financial year, with its current performance failing to meet expectations.

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    Swedish gambling regulator Spelinspektionen has entered into a Memorandum of Understanding (MoU) with the Gibraltar Ministry of Commerce's Gambling Division (GGD), to formalise cooperation agreements between the two.

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    GambleAware has reiterated calls for UK operators to offer further financial support its problem gambling efforts after revealing that industry funding failed to meet its 2018-19 target.

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    SciPlay, the former social games subsidiary of Scientific Games, has begun trading on the Nasdaq Stock Market as part of its initial public offering (IPO). A total of 22m shares of Class A common stock have been made available at $16 per share.

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    Greek lottery and gaming solutions provider Intralot has reorganised its operations, technology, digital and commercial divisions as part of a wider restructuring of the business.

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    Happy Friday igamers! This week we do the sums on where good causes money is going in Ireland, ponder an odd image and say farewell to the man who threw the industry into disarray with his reinterpretation of the Wire Act.

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    The Jockey Club, the largest commercial horse racing organisation in the UK, has revealed that Simon Bazalgette will leave his role as group chief executive by the end of 2019.

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    LeoVegas has reported an 11.6% rise in revenue for the first quarter of 2019, though growing costs saw the Stockholm-listed gaming operator post a €31,000 (£26,611/$34,757) loss for the period.

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    Andy Hornby is to step down from his role as co-chief operating officer of GVC Holdings to become chief executive of The Restaurant Group. Hornby will have an annual base wage of £630,000 at the group.

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    Paddy Power Betfair has reported a 17% year-on-year increase in revenue for the first quarter of 2019, with strong growth in its US and Australian operations offsetting a decline in online sports betting revenue.

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    Scientific Games as appointed Steven Stamstad as its senior vice president of marketing and communications, with a remit to increase engagement with key stakeholders around the world.

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    Camelot UK Lotteries, operator of the UK National Lottery, has appointed Keith Moor as its new chief marketing officer. Moor will join from banking group Santander in September.

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    London-listed igaming service provider GAN has credited higher than expected growth in New Jersey’s legal sports betting market for first quarter revenue growing to £4.6m, a new company record.

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    The Bulgarian Ministry of Finance has appointed Alexander Georgiev as the new chairman of the country’s State Commission on Gambling,

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    Nasdaq Stockholm-listed Global Gaming has confirmed that Joacim Möller has left his role as chief executive and appointed Tobias Fagerlund to the position on a temporary basis.

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    The UK Gambling Commission and Competition and Markets Authority (CMA) have published a joint letter calling for operators to pay closer attention to consumer protection law to help ensure players have access to a fair and transparent market.

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    Sportradar Integrity Services has signed an extension to its integrity monitoring partnership with the Fédération Internationale de l'Automobile (FIA), the global governing body for motorsports.

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    GVC Holdings has stepped up its responsible gambling efforts with a call to end all sportsbook broadcast advertising in the UK, urging other operators to follow suit.

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    Online affiliate and content marketing provider Raketech has appointed Oskar Mühlbach, previously of Green Media, as its new chief operations officer.

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    Unibet operator Kindred Group has reported an 8.0% year-on-year rise in revenue for the first quarter of 2019, though has seen earnings impacted by costs associated with its launch in Sweden’s newly regulated igaming market.

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