The final six months of the decade saw talk of regulatory crackdowns continue, with pressure growing on operators across a number of markets and verticals. Elsewhere M&A activity rose to the fore, with a number of high-profile acquisitions announced during the period
Lotteries and keno helped Tabcorp’s revenues to increase to 4.4% to $2.91bn for the six months ended 31 December, 2019, even as the operator’s wagering vertical faced integration issues and the gaming services vertical struggled.
German lottery broker Zeal Network’s revenue and earnings declined in 2019, but the business said the year was still a success despite the acquisition of Lotto24 and move away from secondary lotteries affecting its financial performance.
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.
A member of Northern Ireland’s legislative assembly has submitted proposals to reform the country’s gambling laws, which have not been updated since 1985, to introduce a gambling regulator, regulations for online gambling and a ban on bonuses.
Which key industry trends will drive iGaming in 2020? iovation put a stop to 7.9 million fraudulent iGaming transactions in 2019, highlighting the need for online gambling operators and platform providers to be aware of market threats within the iGaming industry.
Relax Gaming, the innovative content provider and aggregation platform, has partnered with Global Gaming in a deal to launch its entire portfolio of proprietary and third-party slot games with the operator’s flagship brand Ninja Casino.
Aspire Global has put a 97.5% year-on-year decline in net profit for 2019 primarily down to a major tax settlement in Israel, though the igaming solutions provider was able to report an increase in revenue for the year.