Following the news that its Swedish operating licence had been revoked, Global Gaming has pledged to fight the decision. Earlier today Swedish regulator Spelinspektionen cited significant failings in the operator's social responsiblity and anti-money laundering controls as grounds for removing the certification.
Galaxy Gaming has appointed John Strickland as its new marketing director and Gabrielle Houston as vice president of finance and controller, while the table games provider has also promoted Ann Huysmans to the role of gaming compliance manager.
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.
Gaming platform and services provider Nektan has reported a 5.9% year-on-year increase in revenue for the third quarter of its financial year, though noted that performance in the period was impacted by a number of factors.
NetEnt's struggles in live casino have been well-documented, but the operator refuses to give up on the vertical. Andres Rengifo has been brought in to lead a push that the supplier believes will finally allow it to carve out significant market share.
US racetrack and casino operator Churchill Downs Incorporated (CDI) has cited its racing and online advance deposit wagering (ADW) divisions as key drivers of a 14.3% year-on-year increase in revenue for 2018.
MGM Resorts International’s initiative to streamline the business and ramp up technology investment has prompted a number of changes to its executive team, with chief financial officer Dan D’Arrigo’s departure initiating a management reshuffle.
Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.
The Gambling Commission’s penchant for levying ever more punitive fines means any operator stepping out of line will need deep pockets, writes Joanne Christie. But are the penalties warranted – and are they having the desired effect?