The Finnish Competition and Consumer Authority (KKV) has ruled gambling monopoly Veikkaus breached the country’s Procurement Act by making substantial changes to its supply contract with International Game Technology (IGT).
The national government of Colombia has legally ratified Decree 808, which was introduced in June this year to help shore up the country's gambling industry and protect funding for its heathcare system in the wake of the novel coronavirus (Covid-19) pandemic.
Gaming solutions giant Playtech has reported a 22.5% year-on-year decline in revenue for the first half of 2020, after a strong start to the period was halted by the impact of novel coronavirus on B2B and B2C operations.
GVC Holdings has reported an 11.2% year-on-year decline in revenue for the first half of 2020, after online growth failed to offset declines in UK and European retail resulting from the novel coronavirus (Covid-19) lockdown.
Spanish gambling revenue grew 12.5% year-on-year in the first quarter of 2020, thanks to growth across all verticals including sports betting, despite the suspension of major sporting events from mid-March due to novel coronavirus (Covid-19).
More gamblers in Sweden have decreased play than increased during the novel coronavirus (Covid-19) pandemic, but more than a quarter of high risk customers are playing more according to a Lund University study.
South African gaming and entertainment business Tsogo Sun Gaming said it lost an estimated ZAR400m in revenue as a result of the novel coronavirus (Covid-19) pandemic disrupting operations in its fiscal year ended 31 March, 2020.
Colombian regulator Coljuegos has updated its gaming regulation to help the sector weather the effects of the novel coronavirus (Covid-19) pandemic, allowing for the operation of scratchcards and video bingo games.
The increase in remote gaming duty (RGD) from April 2019 led to significant hike in tax paid by Great Britain’s gambling licensees paid for the fiscal year ended 31 March 2020, mitigating a decline in machine gaming duty (MGD).
The Finnish Ministry of the Interior has issued a decree significantly reducing monthly and weekly loss limits for online casino offered by Veikkaus, while the monopoly operator has also announced that raffle draws will be suspended until further notice.
Online-only bingo games will now be permitted in Norway until 11 May, after the country’s gambling regulator Lotteri-og stiftelsestilsynet (Lotteritilsynet) announced yet another extension to the window in which the in-person registration requirement will be suspended.