Troubled operator Global Gaming reported an operating loss of almost SEK40m (€3.7m/$4.1m) during the third quarter of 2019 as it paid the price for its licence being revoked in Sweden, its main market.
Raketech saw revenue for the third quarter of 2019 decline 15.1% to €6.0m, while costs increased, as the affiliate marketing business' profits continued to suffer from the effects of Swedish re-regulation.
Valentina Francione has joined LiveG24 as their new commercial director from NetEnt, where she was head of sales NetEnt Live Casino. Valentina has experience in the live casino business, having joined the online casino industry back in 2002 and in live casino gaming since 2011, having worked for companies such as Eurobet, Evolution Gaming and NetEnt.
A bill to impose a new 5% tax on the annual gross income of Philippines Offshore Gaming Operators (POGOs) has moved a step towards passing into law, after it was passed by the House Ways and Means Committee.