| iGaming Business

daily_news
3 December 2019
Pollard Banknote to acquire mobile developer Mkodo
Lottery solutions provider Pollard Banknote has struck a deal to acquire London-based mobile app developer Mkodo for an initial purchase price of £7.8m.
daily_news
28 November 2019
Spain's online gambling sector grows to €812m in 2018
The gambling industry in Spain produced €7.77bn in gross gaming revenue (GGR) in 2018 with the online sector rising 22.5% to bring in GGR of €812.0m, according to new figures published by the Dirección General de Ordenación del Juego (DGOJ), the country’s gambling regulator.
daily_news
13 November 2019
Zeal warns of short-term pain following brokerage pivot
Online lottery brokerage Zeal Network has warned that full-year revenue and earnings are likely to fall significantly from the prior year, following its acquisition of Lotto24 and the pivot of its Tipp24 business from lottery betting to brokerage.
daily_news
18 October 2019
SBTech launches sports betting with Oregon Lottery
Legal mobile wagering is now available in Oregon, after the state lottery rolled out its SBTech-powered sportsbook offering Scoreboard.
news_analysis
13 September 2019
The hard truth about soft games
Gambling on lotteries has long been viewed differently to other forms of gambling. But as the lines between the different types of operators, games and verticals become increasingly blurred, is it time for a rethink? Joanne Christie reports

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daily_news
16 August 2019
DoJ prepares appeal against Wire Act ruling
The Department of Justice (DoJ) has finally confirmed its intention to appeal the New Hampshire court ruling that set aside its revised opinion on the 1961 Wire Act.
daily_news
14 August 2019
Lottery offsets wagering weakness for Tabcorp in FY results
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.
daily_news
25 July 2019
FDJ praises 2020 strategy as revenue grows 5.5% in H1
French gaming operator La Française des Jeux (FDJ) has reported a 5.5% year-on-year increase in revenue for the first half of the year, with chief executive Stéphane Pallez crediting the FDJ 2020 digital transformation strategy as driving growth.
daily_news
19 July 2019
Swedish regulation slashes Svenska Spel profits in H1
Swedish state-owned gaming business Svenska Spel has seen profits hit by increased regulatory costs in the first half of the year, though the operator noted that customer growth and revenue had recovered during the second quarter.
news_analysis
5 July 2019
Not for turning
While Ireland proved a positive test case for the lottery betting sector’s collective approach to lobbying, its highest profile exponent has found the going far from easy in other territories following product bans in the UK and Australia. But this is no reason for Lottoland to deviate from its core markets strategy, chief executive Nigel Birrell tells Joanne Christie.

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daily_news
4 July 2019
France's APE selects banks to lead FDJ privatisation
A syndicate of eight investment banking groups have been selected to work on the privatisation of French state-owned gaming operator La Française des Jeux (FDJ).
news_analysis
20 June 2019
2019 so far - Part Two
In the second part of iGaming Business' rundown of the year to date's most popular news stories, we see that viewers were particularly interested in US developments, while regulatory progress in Germany also attracted a lot of hits.

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news_analysis
18 June 2019
Startup spotlight: Loto Punto
Victor Espinosa believes that his company’s self-service terminal, originally conceived as a lottery ticket vending machine, could become a widely used solution in markets with a low level of internet penetration. Here he explains how Loto Punto was established, and the obstacles it faces in its native Colombian market.

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daily_news
14 June 2019
Loto-Québec sees igaming contribution grow in 2018-19
Canadian provincial lottery operator Loto-Québec has reported a 3.1% year-on-year increase in revenue to CAD$2.83bn (£1.68bn/€1.89bn/US$2.12bn) for its 2018-19 financial year, with the contribution from its igaming offering growing to $105.4m.
daily_news
11 June 2019
Slot decline hits Czech gambling market in 2018
Revenue from regulated gambling in the Czech Republic fell 21.3% in 2018 to CZK31.3bn (£1.1bn/€1.2bn/$1.4bn), with the decline down to a lower contribution from slot machines.
daily_news
10 June 2019
Swiss lotteries see charitable contributions decline in 2018
Switzerland’s cantonal lottery operators Loterie Romande and Swisslos have seen money raised for charitable projects across the country decline to CHF588m (£457.8m/€525.6m/$593.8m) in 2018.
daily_news
4 June 2019
UK National Lottery sets new digital sales record in 2018-19
Camelot UK Lotteries has revealed that the UK’s National Lottery generated a record £1.83bn (€2.06bn/$2.32bn) in digital sales in 2018-19, with overall tickets sales also rising to £7.21bn.
daily_news
4 June 2019
Kenya moves to overhaul gambling laws
The Kenyan National Assembly is considering a bill that would revamp the country’s regulatory framework for gambling, imposing significantly higher costs on licensed operators and establishing the country’s first national lottery.
daily_news
3 June 2019
Intralot reports 8.5% decline in first quarter revenue
Greek lotteries and gaming solutions provider Intralot has reported an 8.5% year-on-year decline in revenue for the first quarter of its financial year, following weaker performances from all key business units.
daily_news
29 May 2019
Brazil to assess options after Lotex auction fails again
Brazil’s much-delayed privatisation of the state’s instant lottery games business Loteria Exclusiva Instantânea (Lotex) has once again been postponed following a lack of interest in from potential bidders.

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