Swedish gambling regulator Spelinspektionen has issued United Lottery Solutions with an official warning and financial penalty of SEK700,000 (£52,423/€65,492/$73,304) after ruling the Lottoland operator breached national laws on lottery betting.
Victor Espinosa believes that his company’s self-service terminal, originally conceived as a lottery ticket vending machine, could become a widely used solution in markets with a low level of internet penetration. Here he explains how Loto Punto was established, and the obstacles it faces in its native Colombian market.
Canadian provincial lottery operator Loto-Québec has reported a 3.1% year-on-year increase in revenue to CAD$2.83bn (£1.68bn/€1.89bn/US$2.12bn) for its 2018-19 financial year, with the contribution from its igaming offering growing to $105.4m.
Greek lotteries and gaming solutions provider Intralot has extended its agreement to provide management and operation services to La Marocaine Des Jeux et des Sports (MDJS), Morocco's state-owned sports lottery body.
Lottoland Australia has launched legal action against a ruling by the Australian Communications and Media Authority (ACMA) that the lottery betting operator breached national law by offering prohibited interactive gambling services in the country.
Greek gaming operator OPAP has reported a year-on-year increase in revenue and profit for the first quarter, primarily due to ongoing growth within its video lottery terminals and KINO lottery businesses.
The Kenyan National Assembly is considering a bill that would revamp the country’s regulatory framework for gambling, imposing significantly higher costs on licensed operators and establishing the country’s first national lottery.
Greek lotteries and gaming solutions provider Intralot has reported an 8.5% year-on-year decline in revenue for the first quarter of its financial year, following weaker performances from all key business units.
Brazil’s much-delayed privatisation of the state’s instant lottery games business Loteria Exclusiva Instantânea (Lotex) has once again been postponed following a lack of interest in from potential bidders.
Gambling revenue in Latvia increased 15.3% year-on-year in the first quarter, with national regulator the Lotteries and Gambling Supervisory Inspection (IAUI) reporting growth across all key verticals.
Online lottery brokerage Lotto24 has reported year-on-year growth across both revenue and earnings for the first quarter of the year, as it prepares to complete a merger with its former parent company Zeal Networks.
While lottery betting may have been banned in Australia this year, messenger services backed by the purchase of the matching ticket abroad are still active and entirely legal, according to experts. Joanne Christie considers if we can expect to see more players enter the market.