William Hill has revealed that it expects to post better-than-expected adjusted operating profit for the year ended 31 December, 2019, with the bookmaker forecasting that the final figure will fall between £143m (€167.0m/$185.8m) and £148m.
BetBlocker, the UK-facing responsible gambling app funded and developed by alternative dispute mediation service ThePOGG.com, has secured its first corporate donation from online casino comparison website CasinoGuide.
Nektan has completed the sale of its UK B2C business to Grace Media for a total cash consideration of £200,000 (€236,213/$262,969), as part of an ongoing restructuring effort at the white label and gaming content provider.
Diamond Eagle Acquisition Corp – the special purpose acquisition company formed as part of DraftKings and SBTech’s merger – has filed a registration document revealing DraftKings made a loss of $114.1m (£87.1m/€102.7m) in the first nine months of 2019.
The All-in Diversity Project, the gambling industry-backed initiative to drive greater diversity, equality and inclusivity in the sector, has announced that it will launch a major new campaign later this month.
DraftKings has struck a deal that will see it acquired by a special purpose acquisition company alongside betting and gaming technology provider SBTech, with the combined entity to be listed on the Nasdaq Stock Exchange.
XLMedia has admitted that the business will have to ramp up expenditure to support sustainable growth in the medium term, prompting the performance marketing specialist to launch a strategic review with a view to overhauling its operating model.
Finnish gambling monopoly Veikkaus has set out plans to bolster its responsible gambling measures in 2020, but warned that changes to its operating strategy could lead to a €50m (£42.5m/$56.7m) decline in earnings.
A number of high-profile gaming businesses look set to compete in the tender process, which could see the contract to operate the UK National Lottery wrestled away from long-term incumbent Camelot for the first time.