France’s gambling market is going through big shifts in terms of both operators and regulators as it nears the end of its first decade. These should leave the igaming industry in a stronger position, says Jake Pollard.
The Vietnam Lottery Company (Vietlott) will launch a pilot programme for SMS-based sales of its products in the second half of 2020, after seeing sales in the first half of the year grow to VND2.3tn (£78.9m/€83.6m/$98.9m).
Bettors in Illinois will be able to sign up for an online sports betting account without travelling to a physical location after Governor J.B. Pritzker reinstated an executive order suspending in-person registration.
Denmark’s regulated gambling revenue fell 19.2% year-on-year in the first half of 2020, after novel coronavirus (Covid-19) slashed land-based gaming and sports betting’s contribution in the second quarter.
LeoVegas has become the latest member of the Norwegian Industry Association for Online Gaming (Norsk Bransjeforening for Onlinespill/NBO), the body pushing for a major overhaul of Norway’s gambling regulatory framework.
Online gambling revenues drastically increased in Portugal during lockdown, with operators bringing in revenue of €138.9m, up 44.2%, in the first half of 2020, new figures from the Serviço de Regulação e Inspeção de Jogos (SRIJ) have revealed.
Gaming technology provider GAN saw the migration of US players to igaming almost double its second quarter revenue, helping the supplier to a 16.2% year-on-year increase in revenue for the first half of the year.
Finnish gambling monopoly operator Veikkaus expects its 2020 profits to fall by as much as €300m, after reporting a 28.1% year-on-year decline in gross revenue and 33.6% drop in profit for the first half of the year.
Sweden’s AB Trav och Galopp says that the suspension of sporting events as a result of novel coronavirus (Covid-19) in the first half of 2020 benefitted its performance, as customer attention shifted to its core horse race betting product.
Latvian operator Enlabs reported declines in revenue and profits - though remained in the black - in the first half of 2020, despite its Latvian operations being suspended for two months during the period as a result of novel coronavirus (Covid-19).
Online gaming operator and supplier Newgioco Group has reported an 18.5% year-on-year decline in revenue for the first half of 2020, though reduced operating costs saw the business halve its net loss for the period.
The European Commission has extended the standstill period in place for Germany’s revamped gambling legislation, while a number of stakeholders have flagged a range of concerns with the proposed regulatory framework.
Golden Nugget Online Gaming (GNOG), the igaming division of the casino chain that is preparing a stock market listing, has revealed that gross gaming revenue for the second quarter of 2020 almost doubled year-on-year.