Åland Islands-based operator Paf has cited the introduction of mandatory customer loss limits for its online gaming services as the main reason behind a year-on-year decline in revenue and profit for 2018.
Finnish gaming monopoly Veikkuas has reported marginal year-on-year increases in both gaming revenue and profit for the first quarter, with growth driven by a strong performance from its lottery vertical.
Having explored the need for an overhaul of the look and feel of the UK’s licensed betting offices, the second part of the feature looks at the technology that could help shape the sector’s sports-led future.
The Council of Europe’s (CoE) Convention on the Manipulation of Sports Competitions, also known as the Macolin Convention, is finally set to enter into force from September 1, though concerns remain over its definition of illegal sports betting.
Irish Minister of State David Stanton has revealed that work on developing a new framework for regulating gambling in the country, including the establishment of a new authority to oversee and implement the legislation, will take up to 18 months.
Betfan has rolled out its gambling services in the Polish market, claiming to be the only with the online operator offering consumers in the country the chance to wager on a range of non-sporting events.
The Horseracing Betting Levy Board (HBLB) has warned that the Levy for the UK industry in 2018-19 is set to fall short of expectations by some distance, with forecasts placing the sum paid to the industry down by £17m (€9.4m/$21.7m) from the previous year.
Shareholders in Paddy Power Betfair have overwhelmingly voted to back plans to rebrand the gambling operator as Flutter Entertainment. Votes were cast at the group’s AGM, with 99.76% of shareholders supporting the proposal.
Independent table games provider Galaxy Gaming has cited its internet-based operations as one of the main drivers behind a 23% year-on-year increase to record revenue during the first quarter of the year.
Danish regulator Spillemyndigheden has established a new whistleblower scheme allowing employees of gambling operators to report evidence or suspicions of wrongdoing in relation to money laundering laws.