There’s a shift taking place in the lottery world, with digital innovators increasingly looking to forge B2B partnerships with licensed lotteries. Joanne Christie explores whether competitors can become allies
Formerly state-owned French operator La Française des Jeux (FDJ) expects a revenue decline of around €192m and an earnings decline of around €77m due to the effects of the novel coronavirus disease (Covid-19).
Lottery solutions provider Spinola Gaming is offering immediate support to lottery operators looking to mitigate the shut down of retail lottery sales as a result of the novel coronavirus (Covid-19) pandemic by powering the rapid launch of digital offerings.
Bosnia-based igaming solutions provider NSoft has announced that it will offer its portfolio of virtual and draw-based games free of charge to help operators mitigate the impact of novel coronavirus (Covid-19) on their businesses.
The British Gambling Commission has suspended the licence of International Multi-Media Entertainments Limited, which operates lottery betting site Lotteries.com due to AML and social responsibility issues.
Lottery solutions provider Spinola Gaming has announced a new initiative to help governments, state-run operators and public/private partnerships (PPP) across emerging markets to launch their lotteries online.
Spain’s initiation of a countrywide lockdown in a bid to halt the spread of novel coronavirus (Covid-19) has prompted state-owned lottery operator Sociedad Estatal Loterías y Apuestas del Estado (SELAE) to suspend all ticket sales.
The delay in the launch of the competition for the fourth UK National Lottery licence has been criticised by potential bidders, who say it reduces the chances of a serious challenge to Camelot’s tenure.
UK National Lottery operator Camelot has been forced to shut its head office after an employee was diagnosed with novel coronavirus (Covid-19), but stressed that this would have no impact on operations.
Lotteries and keno helped Tabcorp’s revenues to increase to 4.4% to $2.91bn for the six months ended 31 December, 2019, even as the operator’s wagering vertical faced integration issues and the gaming services vertical struggled.
German lottery broker Zeal Network’s revenue and earnings declined in 2019, but the business said the year was still a success despite the acquisition of Lotto24 and move away from secondary lotteries affecting its financial performance.