GVC Holdings has reported an 11.2% year-on-year decline in revenue for the first half of 2020, after online growth failed to offset declines in UK and European retail resulting from the novel coronavirus (Covid-19) lockdown.
New Jersey’s sports betting revenue climbed 65.2% year-on-year in July, but the state’s land-based casino market saw further declines as it continued to feel the impact of novel coronavirus (Covid-19) restrictions.
Sweden-based gaming operator LeoVegas has reported a year-on-year increase in revenue and net profit for the first half of the year, after it was boosted by a record performance during the second quarter.
New GVC Holdings chief executive Shay Segev has set out four key priorities that he believes can drive “significant growth” for the business, add value for stakeholders and entrench responsibility in everything it does.
Acroud - the affiliate marketing business formerly known as Net Gaming - saw revenue drop by 10.5% to €6.8m in the first half of 2020 as casino declines offset poker growth while profits were halved by currency fluctuations.
Asian casino operator Galaxy Entertainment Group (GEG) saw revenue for the six months to 30 June drop 76.3% with the operator expecting further headwinds from the ongoing impact of novel coronavirus (Covid-19) on its Macau venues.
The European Commission is to run the rule over Norway's revised gambling legislation, that looks to unify the country's Lottery Act, Gambling Act and Totalisator Act, while maintaining Norsk Tipping and Norsk Rikstoto's monopolies in the market.
Romania’s National Gambling Office (ONJN) has added 20 new sites, including one from Bet365, to its “blacklist” of unauthorised online gaming sites, which must be blocked by internet service providers (ISPs) in the country.