Unibet operator Kindred Group has reported an 8.0% year-on-year rise in revenue for the first quarter of 2019, though has seen earnings impacted by costs associated with its launch in Sweden’s newly regulated igaming market.
Italy's online gaming market has posted declines for both February and March, largely due to fluctuations in the core online casino and sports betting verticals, according to the latest figures from Ficom Leisure.
Sweden’s newly regulated igaming market has generated total turnover of SEK3.29bn (£271.3m/€313.8m/$352.8m) in the first quarter of the year, with former horse racing monopoly AB Trav och Galopp (ATG) dominating the channel. Svenska Spel Sport & Casino and ATG accounted for 50% of online market turnover over the three month period.
New Zealand’s Advertising Standards Authority (ASA) has published a new code for gambling adverts in the country, with a focus on protecting children, young people and other vulnerable people from gambling-related harm.
SkillOnNet-powered RedKings is to close its poker and sports betting products later this month, but continue to operate its online and mobile casino service. Poker and sports betting will cease operations on April 28.
State-owned gaming operator Svenska Spel’s lottery and gaming machine division has generated turnover of SEK906m (£74.6m/€86.9m/$97.6m) in the first two months of activity in Sweden’s newly regulated online gaming market.
The Responsible Gambling Strategy Board (RGSB) has said that the 2016-19 National Responsible Gambling Strategy achieved a number of key milestones, but ultimately failed to make as much progress as hoped in tackling gambling-related harm in Great Britain.
Buenos Aires Governor María Eugenia Vidal has signed a regulatory decree to make online gambling legal in Argentina’s capital province. Decree 181 sets out regulations for online casino games including slots, sports betting, poker and betting on horse racing.
The Nevada Gaming Control Board has reported an 11.5% year-on-year rise in sports betting handle for February, though the state also saw gaming revenue across all verticals decline marginally for the month.