While Italy’s sports betting market struggled after novel coronavirus (Covid-19) resulted in a nationwide lockdown and the suspension sporting events, the market grew year-on-year in March, thanks to online casino and poker.
The Global Lottery Monitoring System (GLMS), the sports betting integrity body for the lottery industry, has reported a 31.8% year-on-year drop in the number of suspicious betting alerts registered in the first quarter.
French horse racing giant Pari-Mutuel Urbain (PMU) has been hit with a €900,000 fine from France’s Competition Authority after it was found to have failed to maintain its commitment to splitting online and retail liquidity.
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).
Svenska Spel chief executive Patrik Hofbauer and chairman Erik Strand have condemned operators that are offering markets on the Swedish lower league football teams following the suspension of all high-profile leagues and competitions.