Daily news

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    Online gambling operator BetVictor has appointed Betsson Group’s Matt Parkes as its new director of brand and creative.

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    Simon Barff has stepped down as UK managing director at Blueprint Operations, with David Purvis set to join the land-based slot and analogue games supplier as part of a management restructure.

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    Billionaire investor Carl Icahn has increased his stake in Caesars Entertainment Corporation to 15.53% as he pushes for the business to pursue a sale or merger.

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    GVC Holdings has appointed David Foster, who spent more than three years at public affairs manager at Paddy Power Betfair, as its new head of regulatory affairs.

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    The Stars Group chief executive Rafi Ashkenazi believes the operator can achieve double-digit growth in highly competitive and mature UK market in 2019, by leveraging the Sky Betting and Gaming assets acquired in 2018.

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    David Schjelde has agreed to re-join software development company EveryMatrix as its chief financial officer.

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    Blockchain gaming investment business Global Gaming Technologies has appointed Nolan Bushnell, the founder of video game developer Atari Inc, as its new chief executive and chairman, while the company has also agreed a deal to acquire Videre eSports Corp and expand into the esports sector.

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    The Stars Group has reported a 54.6% increase in revenue for 2018, with the strong organic growth of the PokerStars operator complemented by contributions from the newly acquired Sky Betting & Gaming and BetEasy businesses. However the company posted a loss for the year, due to soaring administrative costs, increased investment in sales and marketing and finance-related expenses.

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    Indian casino operator Delta Corp has acquired a 15.52% stake in Halaplay Technologies, the parent company of fantasy sports brand Halaplay.

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    US racetrack and casino operator Churchill Downs Incorporated (CDI) has finalised its acquisition of certain ownership interests of Midwest Gaming Holdings, the parent company of Rivers Casino Des Plaines in Illinois.

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    Paddy Power Betfair has seen its 2018 revenue grow as a result of the acquisition of FanDuel and an improved performance by the Paddy Power brand in the UK market, though the US investment has also hit full-year profits.

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    The Administrative Court of Linköping has ruled that Swedish gamblers cannot end periods of self-exclusion before the agreed period.

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    Irish sports betting operator BetBright has shut down its customer-facing site following its acquisition by 888 Holdings.

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    Online affiliate and content marketing business Raketech has repaid its entire corporate debt of €7.7m (£6.6m/$8.7m), cutting its quarterly financial expenses in the process.

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    GVC Holdings chief executive Kenneth Alexander has credited excellent operational execution, effective marketing and a good World Cup for helping drive growth in the operator’s 2018 results.

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    Lottery betting operator Lottoland has reiterated its commitment to its current home in Gibraltar despite securing two licences by the Malta Gaming Authority.

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    Betclic Everest Group subsidiary Bet-at-Home has reported a 2.3% decline in net betting and gaming revenue for 2018, blaming the decline on increased fees and levies paid out over the year.

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    888 Holdings has agreed to purchase the Irish sports betting operator Betbright, including its proprietary platform, in a deal worth £15m (€17.5m/$19.9m). The deal will give 888 complete ownership of its technology and product development across the four leading igaming verticals, as well as growing its presence in the sports betting market.

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    Lotteries and gaming solutions provider Intralot has named chairman and founder Sokratis Kokkalis as its new chief executive, replacing Antonios Kerastaris.

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    US casino giant Caesars Entertainment has reached an agreement with Carl Icahn, which will see the activist investor support all proposed board nominations at the operator’s 2019 Annual General Meeting.

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