Greek gaming and lotteries giant Intralot has seen its net loss from continuing operations grow to €111.9m in 2019, after what the business described as a “transition year” in which group turnover and gross revenue both fell.
The Maltese government has announced that lottery booths will be permitted to reopen from today (4 May) as a result of the country beginning to relax social distancing measures brought in as a result of novel coronavirus (Covid-19).
The long-running dispute between Nigeria’s gambling regulator the National Lottery Regulatory Commission (NLRC) and the Lagos State Lottery Board (LSLB) could resume after the state regulator blacklisted a number of operators licensed by its federal counterpart.
Sazka Group has reported a 6.0% year-on-year rise in gross gaming revenue for 2019, with all subsidiaries growing during the year, while the sale of its Croatian subsidiary has more than doubled net profit for the period.
Sazka Group believes it is coming to the end of the disruption caused by the novel coronavirus (Covid-19) pandemic, but says the rapidly evolving situation makes it difficult to determine the crisis' economic impact on the business.
Lotto New Zealand counters in dairies and convenience stores are being allowed to reopen after temporarily closing due to the novel coronavirus (Covid-19) outbreak, but other stores will remain closed for the foreseeable future.
The increase in remote gaming duty (RGD) from April 2019 led to significant hike in tax paid by Great Britain’s gambling licensees paid for the fiscal year ended 31 March 2020, mitigating a decline in machine gaming duty (MGD).
Swedish operator Svenska Spel saw revenue tick up 0.7% in the first quarter of 2020 to SEK2.14bn (£173.5m/€199.4m/$217.0m) and profit grow by 33.6% to SEK545m, despite the effects of the novel coronavirus (Covid-19).
Finnish gambling monopoly Veikkaus has revealed that the shut-down of its retail gaming network and significantly reduced sports betting options, both due to the novel coronavirus (Covid-19) pandemic has cut revenue by around 40.6%.
Nederlandse Loterij, the Netherlands’ state lottery operator, has reported a 12% year-on-year increase in turnover in 2019, with its contribution to sporting federations, charities and the public purse rising to €173.1m for the year.