Rank Group believes its profit for the fiscal year ended 30 June 2020 will come in at the lower end of its £48m to £58m guidance following the disruption caused by the novel coronavirus (Covid-19) pandemic.
GVC Holdings’ latest corporate social responsibility (CSR) report reveals the operator has seen the number of self-exclusion requests fall significantly, which it claims is the result of enhanced limit setting tools and earlier customer interactions.
New Zealand’s Racing Industry Transition Agency (RITA) has revealed that both revenue and net profit were below budget expectations in the first half of its fiscal year, while it made a higher-than-expected loss for the period.
GiG’s chief strategy officer Cristina Niculae says the crisis caused by the pandemic presents a good opportunity for igaming businesses to reassess their culture, use of technology and value innovation.
Affiliate marketing business Net Gaming Europe has revealed that it has already begun preparations for the regulation of online gambling in the Netherlands, with a view to entering the market as early as possible.
Swiss gambling regulator Eidgenössischen Spielbankenkommission (ESBK) has reported a 5.5% year-on-year rise in casino revenue for 2019, while the country’s online gaming licensees generated CHF23.5m following the launch of igaming from July that year.
Social games developer Zynga has completed its acquisition of Peak, the mobile gaming business behind the Toon Blast and Toy Blast game franchises, for a total purchase price of $1.85bn (£1.48bn/€1.65bn).
The English Football League (EFL) has criticised proposals to introduce a ban on betting sponsorship in British sport, saying that the sector contributes more than £40m (€44.4m/$49.8m) each season to the organisation and its clubs.
Kenyan Treasury Secretary Ukur Yatani has claimed the government will look to reintroduce the controversial 20% excise tax on betting stakes within six months, after it was removed from the country’s 2020 budget.
German gaming giant Gauselmann Group and Austria’s Novomatic Group reacted with dismay after authorities in Berlin implemented new restrictions on gaming halls, that will force the majority of the city’s 496 arcades to shut.
A report from the UK’s House of Lords has set out a wide-ranging series of proposals to strengthen the gambling regulatory framework in Great Britain, including stake limits and a ban on gambling sports sponsorship.