Zeal Networks has reported marginal revenue growth for the first half of 2019, with a positive contribution from the recently acquired Lotto24 business offsetting a decline caused by the closing of its Lotto Network and Venture24 brokerage businesses.
French gaming operator La Française des Jeux (FDJ) has reported a 5.5% year-on-year increase in revenue for the first half of the year, with chief executive Stéphane Pallez crediting the FDJ 2020 digital transformation strategy as driving growth.
iGaming solutions giant Playtech has expanded its relationship with the Ontario Lottery and Gaming Corporation to provide the organisation with its BetBuddy gambling data analytics technology for use on its igaming platform.
Swedish state-owned gaming business Svenska Spel has seen profits hit by increased regulatory costs in the first half of the year, though the operator noted that customer growth and revenue had recovered during the second quarter.
While Ireland proved a positive test case for the lottery betting sector’s collective approach to lobbying, its highest profile exponent has found the going far from easy in other territories following product bans in the UK and Australia. But this is no reason for Lottoland to deviate from its core markets strategy, chief executive Nigel Birrell tells Joanne Christie.
In the second part of iGaming Business' rundown of the year to date's most popular news stories, we see that viewers were particularly interested in US developments, while regulatory progress in Germany also attracted a lot of hits.
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.
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.
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.