Greek gaming operator OPAP has reported a 4.7% year-on-year increase in revenue for 2019, though the shut-down of its retail network in the country looks set to have a significant impact on revenue and earnings in 2020.
The executive leadership of Scientific Games has voluntarily reduced its salaries by 50%, with chief executive Barry Cottle going without pay, as part of the solutions giant’s efforts to mitigate the novel coronavirus (Covid-19) pandemic.
L’Autorité nationale des Jeux (ANJ), has moved a step closer to replacing l’Autorité nationale de régulation des jeux en ligne (ARJEL) as France's principal gambling regulatory body, following the publicaton of a decree setting out its key functions and responsibilities.
Negative attitudes towards gambling in Great Britain are increasingly prevalent, according to the Gambling Commission's Behaviour, Awareness and Attitudes Report, with 29% of those surveyed now calling for a total ban.
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
Loto Quebec’s revenue fell 11.1% to $685.6m as a lack of larger jackpots slashed lottery revenue, while revenue from other verticals also declined in the quarter ended 31 December, the third of the operator’s fiscal year.
While the fact German state lawmakers have reached a consensus on the future regulatory model for gambling has been welcomed, iGamingBusiness.com can reveal that the proposed controls for online slots and casino could bring further pain for the industry.
Schleswig-Holstein claims that Germany’s 16 federal states have made a breakthrough in negotiations over a new State Treaty on Gambling, describing the agreed model as a “really good result” for all jurisdictions.