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.
The Philippine Amusement and Gaming Corporation (PAGCOR) has reported an 11.7% year-on-year increase in gaming revenue for 2019, resulting in its total tax and corporate social responsibility contribution for the year rising above PHP56bn for the year.
Twin River Worldwide Holdings saw revenue rise 19.8% to an estimated $523.6m, but net income declined 23.7% to $51.4m after increased financial costs, according to the operator’s preliminary year-end figures.
Online gambling revenue in Portugal amounted to €65.4m (£55.6m/$72.3m) in the fourth quarter of 2019, with national gambling regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) noting growth across all areas of the market.
Playtech has entered into a new digital sports betting partnership with Greek operator OPAP, while the gambling technology giant has also signed an extension to its long-term agreement with online gaming operator Mansion.
International Game Technology (IGT) has announced a new joint venture with Twin River Worldwide Holdings, with the aim of working together in Rhode Island to improve and expand gambling services in the state.
The Rank Group has announced a year-on-year increase in net gaming revenue and profit after tax for the first half of its financial year, driven by growth in its digital, Grosvenor venues and international venues divisions.