Finnish gambling monopoly Veikkaus has appointed Regina Sippel as its new chief financial officer and announced an organisational restructuring that sees a number of executives take on additional duties.
Brazil’s Investment Partnership Programme (PPI) has adopted a new tactic as it looks to finally privatise the country’s instant win gaming business Loteria Exclusiva Instantânea (Lotex), allowing bidders to pay their winning fee in eight installments.
A new study into the potential risks and rewards that would arise from Norway’s current gambling monopoly being replaced by a regime allowing offshore operators into the market has concluded that such a move could see problem gambling rise. This could also result in funds generated by Norsk Tipping for Norwegian society fall by as much as NOK1.3bn.
In GambingStartup.Ventures’ latest dispatch from the start-up frontline, Jonny Robb discusses how start-up founders quickly become used to operating at extremes. What may appear to be a precarious moment in a business’ development can quickly seem just another obstacle to be conquered.
Clarion Gaming, the parent company of iGaming Business, has partnered SiGMA Group for a new Asian gaming event under the ICE banner. The event will take place from 7 to 9 June next year, at the SMX Manila in the Philippines.
This month’s edition of the RP iGaming Index sees Regulus Partners’ Paul Leyland cautiously optimistic about an upswing in the performance of igaming stocks. Market consolidation, meanwhile, has boosted a number of constituent companies.
The Washington, DC Council has awarded Intralot a five-year contract to power the city lottery’s sports betting offering, despite mounting concerns over the manner in which the contract was handed to the Greek lottery and gaming solutions provider.
New research into gambling marketing and advertising has suggested that operators could be doing more to ensure promotional material is socially responsible and does not appeal to minors, especially on social media.
Italy’s Agenzia delle dogane e dei Monopoli (ADM) has denied newspaper reports that Czech gaming and lottery giant Sazka Group is in pole position to win a tender to operate the SuperEnalotto national lottery.
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.
Svenska Spel’s Research Council has selected five new research projects to support, issuing grants totalling SEK5m to initiatives looking to find ways to better treat and understand gambling addiction.
La Française des Jeux’s (FDJ) acquisition of Sporting Solutions will see the French group use Solutions’ trading expertise to develop its B2C offering in its home market and its lottery-focused B2B activities internationally. But a clear vision of how to integrate the UK group into FDJ’s mega-structure will also be just as important if the deal is to be successful, writes Jake Pollard.