Southern European and Latin American operator Codere was hit hard by novel coronavirus (Covid-19) in the first half of 2020, with the pandemic shuttering its land-based venues and the resulting lack of sports weighing down its online business.
Australia’s Tabcorp has reported revenue of AUD$5.5bn (£3.08bn/€3.32bn/$3.71bn) for its financial year ended 30 June, 2019, strong growth in lottery revenue offsetting a decline in revenue from its Wagering & Media division over the year.
The Remote Gambling Association (RGA) and Association of British Bookmakers (ABB) are to be wound up and replaced by the Betting and Gaming Council, a new UK-facing operator body that aims to act as the industry’s mouthpiece. British Beer & Pub Association chief executive Brigid Simmonds will lead the new body.
Sweden’s newly regulated igaming market has generated total turnover of SEK3.29bn (£271.3m/€313.8m/$352.8m) in the first quarter of the year, with former horse racing monopoly AB Trav och Galopp (ATG) dominating the channel. Svenska Spel Sport & Casino and ATG accounted for 50% of online market turnover over the three month period.
New Zealand’s Advertising Standards Authority (ASA) has published a new code for gambling adverts in the country, with a focus on protecting children, young people and other vulnerable people from gambling-related harm.
The Nevada Gaming Control Board has reported an 11.5% year-on-year rise in sports betting handle for February, though the state also saw gaming revenue across all verticals decline marginally for the month.
The UK Gambling Commission (UKGC) national regulatory body has revealed the UK remote and non-remote gambling markets experienced year-on-year growth in terms of gross gaming yield (GGY) during the 12 months through to March 31, 2015.
Spanish and Latin American focused gambling operator Codere has cited struggling markets in Argentina and Mexico as the main reason behind a drop in revenue during the six months through to June 30, 2014.