Table games supplier Galaxy Gaming’s revenue increased 14.5% to $21.3m for 2019 and said it remains confident that it has the funds to survive the closure of many casinos due to the outbreak of Covid-19.
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.
In conjunction with Chris Elliott and Beth French of Wiggin LLP, iGB provides a regulatory snapshot of igaming across Europe. Bulgaria, Germany, Great Britain and Spain are among those updated for this edition
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.
The District Court for Prague 1 has ruled in favour of the Czech Republic government in a long-running legal battle with land-based casino operator Casino Kartáč over online roulette. This had seen the operator look to recoup CZK6.9bn in estimated lost revenue, after a 2006 request to launch online games was rejected.
Live dealer software supplier Evolution Gaming said its investment in new products and the expansion of its studios has led to a year-on-year increase in revenue and profit during the third quarter of 2019.
Licensed sportsbook operators in Pennsylvania generated collective revenue of $14.9m (£11.5m/€13.4m) in the second full month of regulated sports wagering, while interactive gaming revenue in September amounted to $5.3m.