The Swiss canton of Glarus has launched a public consultation on a series of changes to its gambling laws, following the implementation of the Federal Act on Real-Money Gaming (Bundesgesetz über Geldspiele) in January 2019.
The Higher Regional Court of Koblenz has confirmed an earlier ruling by the German city’s lower court that so-called “secondary lotteries”, which allow bets to be placed on lottery results, should not be available on the internet.
Norway’s Ministry of Finance has given its backing to a proposal from Lotteritilsynet, the national lottery authority, to make lottery and organisers of bingo tournament exempt from new anti-money laundering regulations.
Veikkaus executive vice-president Velipekka Nummikoski has launched a robust defence of the operator’s Finnish gambling monopoly, warning that a change to a licensing regime would lead to a decline in funding for social causes and put players at risk.
A new study into the potential risks and rewards that would arise from Norway’s current gambling monopoly being replaced by a regime allowing offshore operators into the market has concluded that such a move could see problem gambling rise. This could also result in funds generated by Norsk Tipping for Norwegian society fall by as much as NOK1.3bn.
International Game Technology (IGT) has reached a settlement with video slot manufacturer GC2 Incorporated over a dispute related to copyright infringement and intellectual property licensing rights on certain gaming content. The supplier has also struck a deal to update the Oregon Lottery's central computer system with its INTELLIGEN software.
Lottoland has won a major court battle against the Australian Communication and Media Authority, as the Supreme Court of New South Wales ruled the company’s jackpot betting products are fully compliant with Australian law.
Australia’s Tabcorp has reported revenue of AUD$5.5bn (£3.08bn/€3.32bn/$3.71bn) for its financial year ended 30 June, 2019, strong growth in lottery revenue offsetting a decline in revenue from its Wagering & Media division over the year.
In GambingStartup.Ventures’ latest dispatch from the start-up frontline, Jonny Robb discusses how start-up founders quickly become used to operating at extremes. What may appear to be a precarious moment in a business’ development can quickly seem just another obstacle to be conquered.
Clarion Gaming, the parent company of iGaming Business, has partnered SiGMA Group for a new Asian gaming event under the ICE banner. The event will take place from 7 to 9 June next year, at the SMX Manila in the Philippines.
AGTech Holdings has reported a 22.7% year-on-year decline in revenue for the first six months of 2019, which was blamed on a HK$16.5m (£1.7m/€1.9m/$2.1m) decline in lottery hardware sales over the period.
Chinese online sports lottery provider 500.com has cited the ongoing impact of new regulations in Sweden as the primary reason behind a sharp year-on-year decline in net revenue during the six months to June 30, 2019.
The New Zealand government has launched a public consultation to gauge public support for regulating new forms of online gambling. Members of the public and industry stakeholders are invited to submit comment on four potential regulatory models, as well as harm prevention measures, by September 30.