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.
A meeting of Germany’s heads of state in Berlin saw lawmakers approve gambling regulations to legalise online poker and casino from 1 July, 2021, as well as deciding on the location of the country’s new regulatory authority.
Latvian gambling regulator the Lotteries and Gambling Supervisory Inspection (IAUI) has reported a 10.5% year-on-year increase in gross gambling revenue for 2019, due in part to significant growth within the igaming sector.
Spanish and Latin America-facing gaming operator Codere has reported a 5.9% year-on-year decline in revenue for 2019, after growth in European markets was offset by a currency fluctuations hitting the contribution from its Argentinean business.
In conjunction with Chris Elliott and Beth French of Wiggin LLP, iGB provides a regulatory snapshot of igaming across Europe. Bulgaria, Germany, Great Britain and Spain are among those updated for this edition
Denmark’s regulated gambling market reported declines in gross gaming revenue across a number of core verticals, though a strong performance from the online casino vertical allowed the market to post year-on-year growth for 2019.
Online gambling revenue in Portugal amounted to €65.4m (£55.6m/$72.3m) in the fourth quarter of 2019, with national gambling regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) noting growth across all areas of the market.