GVC Holdings has reported an 11.2% year-on-year decline in revenue for the first half of 2020, after online growth failed to offset declines in UK and European retail resulting from the novel coronavirus (Covid-19) lockdown.
The European Commission is to run the rule over Norway's revised gambling legislation, that looks to unify the country's Lottery Act, Gambling Act and Totalisator Act, while maintaining Norsk Tipping and Norsk Rikstoto's monopolies in the market.
GambleAware, Great Britain's charitable funding body for gambling related research, education and treatment, has announced that Mark Etches is to step down from his role as its chief executive at the end of March 2021.
The Bulgarian National Revenue Agency (NRA) has officially taken over responsibility for the regulation of gambling, after lawmakers voted to abolish the country’s dedicated authority, the State Commission on Gambling (SCG).
The British Horserace Betting Levy Board (HBLB) has agreed to provide an additional £3.2m in immediate and short-term funding to help the racing industry navigate the novel coronavirus (Covid-19) crisis.
James Noyes’ proposals for reforming key aspects of Great Britain's gambling industry have received major coverage. They show how sensitive the issues are for all stakeholders and why the industry must engage in a constructive manner.
South African gaming and entertainment business Tsogo Sun has struck a deal move into the country’s sports betting market through the acquisition of a 50.1% stake in local land-based and online operator Betcoza.
William Hill has reported a 31.7% year-on-year decline in revenue for the first half of its financial year, though a £230.7m value added tax (VAT) refund allowed the operator to post a £115.6m net profit for the period.
Gaming solutions giant Playtech expects earnings for the first half of 2020 to reach €160m, after a strong performance from its online and financials divisions helped offset novel coronavirus’ (Covid-19) disruption to retail and sports in the period.
Racecourse Media Group (RMG) chief executive Richard FitzGerald has announced that he will step down from the role “gradually” over the next six weeks, with finance director Martin Stevenson to take over as acting chief executive.
Australian gambling operator Tabcorp expects to post a year-on-year drop in net profit after tax for its 2020 financial year, primarily due to the impact of the novel coronavirus (Covid-19) pandemic on its business.
The British Horseracing Authority (BHA) has announced that it plans to increase minimum prize money levels from September, with the appearance money scheme, designed to deliver more value for mid- and lower-tier trainers also set to resume that month.
La Française des Jeux (FDJ) said a strong performance after France emerged from its novel coronavirus (Covid-19) lockdown has reduced a decline in revenue for the first half of the operator’s financial year.