Denmark’s regulated gambling market reported declines in gross gaming revenue across a number of core verticals, though a strong performance from the online casino vertical allowed the market to post year-on-year growth for 2019.
Toronto-listed supplier Bragg Gaming Group expects full-year revenue to come in at the high end of market expectations, allowing it to post positive earnings before interest, tax, deprecation and amortisation (EBITDA) for the first time.
The Gambling Related Harm All Party Parliamentary Group (APPG) claims that it has secured a significant victory after Gambling Commission chief executive Neil McArthur confirmed that changes to online slot stakes were to be considered.
Stockholm-listed casino game developer NetEnt’s revenue increased slightly year-on-year to SEK1.79bn in 2019 as the company’s acquisiton of Red Tiger Games helped offset "weakness" in Sweden and Norway, but the supplier's profit declined.
Online gambling revenue in Portugal amounted to €65.4m (£55.6m/$72.3m) in the fourth quarter of 2019, with national gambling regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) noting growth across all areas of the market.
International Game Technology (IGT) has announced a new joint venture with Twin River Worldwide Holdings, with the aim of working together in Rhode Island to improve and expand gambling services in the state.
The European Gaming and Betting Association (EGBA) has spoken out over the introduction of Germany’s new draft State Treaty for Gambling, welcoming the regulation as a “positive development” for the country’s market, despite raising concerns about some of its proposed measures.
While the fact German state lawmakers have reached a consensus on the future regulatory model for gambling has been welcomed, iGamingBusiness.com can reveal that the proposed controls for online slots and casino could bring further pain for the industry.
The New South Wales (NSW) Independent Liquor and Gaming Authority has issued bans and fines to two gaming machine industry licence-holders for their roles in a gaming machine rebirthing racket in the Australian state.
The GB Gambling Commission has warned operators to ensure their products meet transparency and online safety standards, after discovering that operators were offering games that featured a ‘buy-in’ option for bonus features.