Daily news

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    French gaming giant La Française des Jeux (FDJ) has reported a 5.4% year-on-year decline in stakes, and 0.9% decline in revenue, for the first quarter of 2020.

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    UK gambling industry charity GambleAware has announced its list of donors for the year ending 31 March 2020, with GVC’s £1.46m donation again leading the way.

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    Greek gambling operator OPAP Group has agreed to acquire an additional stake in Stoiximan Group’s Greek and Cypriot operations (SMGC), after securing approval to proceed with its initial acquisition of a larger holding in the business.

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    The Casino Cosmopol subsidiary of Svenska Spel has announced the launch of a new initiative to help furloughed staff retrain as healthcare workers during the novel coronavirus (Covid-19) outbreak.

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    The UK's Horserace Betting Levy Board and the Racing Foundation have jointly pledged £22m in emergency support to the British horseracing industry to help it to manage the novel coronavirus (Covid-19) pandemic.

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    Swedish former monopoly operator Svenska Spel has issued responsible gambling advice for players spending more time at home due to the novel coronavirus (Covid-19) pandemic, but said it has not yet seen any signs of higher-risk gambling.

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    The Rank Group has reported a 5% year-on-year increase in statutory revenue for the third quarter, despite the business being impacted by the ongoing novel coronavirus (covid-19) outbreak.

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    Betsson Group has finalised its acquisition of Zecure Gaming Limited, the B2C subsidiary of Gaming Innovation Group (GiG).

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    The Malta Gaming Authority (MGA) has signed a memorandum of understanding (MoU) with the Financial Intelligence Analysis Unit (FIAU) that means the two institutions will share data to tackle money laundering.

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    Affiliate giant Catena Media has opted to put its membership of affiliate trade association Responsible Affiliates in Gambling (RAiG) on hold, though it said it remains open to joining in the future.

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    Nektan has announced that the Supreme Court of Gibraltar has appointed Steven de Lara of Signature Litigation (Gibraltar) Limited and Ian Defty of CVR Global LLP as joint administrators to the business.

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    Scientific Games has said it expects to save more than $100m from cost-saving measures it has rolled out to help reduce the impact of the novel coronavirus (Covid-19) on the business.

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    Gaming content provider Nektan is once again seeking to appoint an administrator after it failed to secure the funding to continue as a going concern, which saw trading in its shares suspended for a second time in 2020.

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    Land-based gambling operator Boyd Gaming has set out a number of additional measures to mitigate the financial impact of the novel coronavirus (Covid-19) pandemic, including placing most of its staff on unpaid furlough.

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    Betsson Group has secured approval from anti-trust regulators to proceed with its planned acquisition of Gaming Innovation Group’s (GiG) B2C assets, with the deal now set to go through by the middle of April.

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    William Hill has announced the remuneration packages for chief executive Ulrik Bengtsson and new chief financial officer Matt Ashley, with Bengtsson to forgo a scheduled pay increase and a contractual bonus as the business deals with the impact of the coronavirus (Covid-19) pandemic.

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    Kambi Group has revealed that it expects to achieve a year-on-year increase in revenue for the first quarter of 2020, while the sports betting service provider has set out a series of cost-saving measures to help mitigate the impact of novel coronavirus (Covid-19).

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    Fantasy sports solutions provider Scout Gaming Group has said it expects year-on-year growth in revenue for the first quarter, despite its business being impacted by the ongoing novel coronavirus (Covid-19) pandemic.

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    ICE Asia will follow Clarion Gaming’s ICE North America in becoming a digital show in 2020, after the in-person event scheduled for June this year was shifted to May 2021.

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    International Game Technology (IGT) has named Dorothy Costa as its new global head of people and transformation, while it has also appointed Mario Di Loreto as an executive vice president and senior advisor to group chief executive Marco Sala.

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