Stockholm-listed NetEnt has opted to fully integrate slot developer Red Tiger into its business, and is to accelerate the payment of the earn-out attached to the acquisition to facilitate this process.
A meeting of Germany’s heads of state in Berlin saw lawmakers approve gambling regulations to legalise online poker and casino from 1 July, 2021, as well as deciding on the location of the country’s new regulatory authority.
Sweden’s AB Trav och Galopp (ATG) posted the highest full-year revenue in the company’s history in 2019, though a decline in its core racing vertical and Sweden’s new gaming taxes hit operating profit for the year.
Ahead of a meeting of German lawmakers in Nordrhein-Westphalen today (19 February), the European Gaming and Betting Association (EGBA) has proposed a series of changes to ensure a successful re-regulation of the country’s igaming market.
Toronto-listed supplier Bragg Gaming Group expects full-year revenue to come in at the high end of market expectations, allowing it to post positive earnings before interest, tax, deprecation and amortisation (EBITDA) for the first time.
Members of the German operator body the Deutscher Sportwettenverband (DSWV) have recommended the federal states remove the need for sports betting licensees to shut down their online casino offerings until the new State Treaty comes into effect.
Schleswig-Holstein claims that Germany’s 16 federal states have made a breakthrough in negotiations over a new State Treaty on Gambling, describing the agreed model as a “really good result” for all jurisdictions.
Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino benefitted from a leap in table games stakes.