Daily news

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    Flutter Entertainment-owned Paddy Power has issued an apology over the use of “derogatory and offensive” language in a social media video, following criticism from campaign groups.

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    Japan’s Universal Entertainment Corporation has reported 24.9% year-on-year rise in sales for the first half of the year, with a significant rise in pachinko and pachislot machine sales offsetting a decline from its Philiippines integrated resort.

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    Online sports betting operator PointsBet is to enter into the New Jersey igaming market after securing a ‘primary skin’ agreement with Twin River Worldwide Holdings.

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    Social games developer Zynga has increased its full year revenue guidance for its 2020 financial year, despite reporting an increased net loss for the first half of the year.

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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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    Racecourse Media Group (RMG) chief executive Richard FitzGerald has announced that he will step down from the role “gradually” over the next six weeks, with finance director Martin Stevenson to take over as acting chief executive.

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    Sports betting and daily fantasy sports operator DraftKings has announced the launch of its mobile and retail sportsbook platforms in Illinois, via a partnership with local operator Casino Queen.

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    Score Media and Gaming, owner of online operator theScore Bet, announced it has received authorisation from the Colorado Division of Gaming to offer its online sports betting service to customers in the state.

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    Gaming technology and payment solutions provider Everi Holdings says its business is showing signs of recovery in the early weeks of the third quarter, after seeing revenue plummet and losses mount in the first half of the year.

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    Online sports betting operator PointsBet has entered into a partnership with National Basketball Association franchise the Indiana Pacers, as well as confirming the locations for three new off-track betting facilities in Illinois.

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    UK industry body the Betting and Gaming Council (BGC) has hit out against the suggestion of what it called an “arbitrary and random” monthly deposit cap, suggested in a report from think tank the Social Market Foundation.

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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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    Sports betting odds provider Sports IQ has struck a new partnership with Bet.Works, the sports betting technology supplier powering US-facing operators theScore Bet and Elite Sportsbook.

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    Casino operator Red Rock Resorts said the enforced closure of its properties due to the novel coronavirus (Covid-19) pandemic was the main reason behind a $223.7m net loss for the first half.

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    Slot games in Great Britain should have mandatory stake limits of between £1 and £5, a £100 monthly “soft cap” should be set for deposits and the white label system should be abolished, according to a new report. It also calls for the Gambling Commission to be replaced with two distinct bodies; one to handle licensing and compliance issues, and another to handle customer protection.

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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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    Online gambling operator Global Gaming was able to reduce its losses during the first half of 2020, despite seeing its revenue decline 55.9% year-on-year.

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    Casino operator Wynn Resorts has reported a net loss of $1.04bn for the first half of the year, after the novel coronavirus (Covid-19) pandemic forced the temporary closure of its venues in the US and Macau.

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    One in five businesses considering bidding for one of Japan's three integrated resort (IR) licences say they are “less interested” in the process because of the novel coronavirus (Covid-19) pandemic, while two thirds remain set on competing.

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