GVC Holdings chief executive Kenny Alexander hit back at the All-Party Parliamentary Group that accused him of “cowardly behaviour” and their recommendation of a £2 stake limit on online casino games, a suggestion he labelled “ridiculous”.
Denmark’s regulated gambling market has reported a marginal year-on-year decline in revenue, with declines in revenue from land-based gaming machines and sports betting offsetting growth in online casino.
Scientific Games has reported a 4% year-on-year increase in net revenue for the third quarter after growth across all of its business segments, which saw the supplier return to profitability for the period.
iGaming content developer and aggregation platform provider Relax Gaming has named former Kindred Group executive Tommi Maijala as its new chief executive, with his predecessor Daniel Eskola shifting to a new role as chief commercial officer.
Despite fierce competition, Relax Gaming chief product officer Simon Hammon believes there are still opportunities for smaller studios to disrupt the market leaders - but only with effective game distribution.
The Tanzanian government has amended the country's gaming regulations, to expand the range of licence categories available, and to permit a partial lifting of an advertising ban implemented in January this year.
Changes to the GB Gambling Commission's Licence Conditions and Codes of Pratice (LCCP) that aim to raise standards for alternative dispute resolution (ADR) and consumer interaction have come into effect today (31 October).
The Czech Republic Ministry of Finance has defended its decision to introduce higher taxes on certain gambling activities, after a national newspaper claimed the increases would harm the country's land-based market.
Red Tiger chief executive Gavin Hamilton argues that NetEnt’s £200m deal for the slot specialist wasn’t a result of market forces. However, he adds, those forces mean it might have come at a perfect time.
Finland’s Competition and Consumer Authority (KKV) has spoken out in favour of a central regulatory body for the country’s gambling sector being established to improve supervision of the country’s monopoly operator Veikkaus.
Greentube, the interactive division of Novomatic, has secured its first supply deal in the Croatian market with PSK.hr, an online casino brand owned by Fortuna Entertainment subsidiary Hattrick Sports Group.
Researchers in the Australian Capital Territory (ACT) have warned the state needs to have a serious discussion about the role of gambling in society after estimating that as much as 14% of its population has been negatively affected by gambling.