The European Commission has extended the standstill period in place for Germany’s revamped gambling legislation, while a number of stakeholders have flagged a range of concerns with the proposed regulatory framework.
Australia’s Tabcorp has seen revenue fall 4.8% in its fiscal year ended 30 June, amid disruption caused by the novel coronavirus (Covid-19) pandemic, with a hefty impairment charge resulting in the operator swinging to a loss for the year.
South African racing operator Phumelela Gaming and Leisure Group has published its business rescue plan, which could see it sell its horse racing business as it struggles with debts of up to ZAR1.17bn.
Poland’s regulated sports betting industry has seen its tax contribution fall 10% to PLN343.4m in the first six months of 2020, after the sporting calendar was significantly reduced and betting shops closed due to the novel coronavirus (Covid-19) pandemic.
Puerto Rico has taken a step towards launching legal sports betting over a year after legalizing the vertical, beginning a 30-day consultation on sports betting regulations developed in partnership with Gaming Laboratories International (GLI).
GVC Holdings has reported an 11.2% year-on-year decline in revenue for the first half of 2020, after online growth failed to offset declines in UK and European retail resulting from the novel coronavirus (Covid-19) lockdown.
The European Commission is to run the rule over Norway's revised gambling legislation, that looks to unify the country's Lottery Act, Gambling Act and Totalisator Act, while maintaining Norsk Tipping and Norsk Rikstoto's monopolies in the market.
GambleAware, Great Britain's charitable funding body for gambling related research, education and treatment, has announced that Mark Etches is to step down from his role as its chief executive at the end of March 2021.
The Bulgarian National Revenue Agency (NRA) has officially taken over responsibility for the regulation of gambling, after lawmakers voted to abolish the country’s dedicated authority, the State Commission on Gambling (SCG).
The British Horserace Betting Levy Board (HBLB) has agreed to provide an additional £3.2m in immediate and short-term funding to help the racing industry navigate the novel coronavirus (Covid-19) crisis.
James Noyes’ proposals for reforming key aspects of Great Britain's gambling industry have received major coverage. They show how sensitive the issues are for all stakeholders and why the industry must engage in a constructive manner.
South African gaming and entertainment business Tsogo Sun has struck a deal move into the country’s sports betting market through the acquisition of a 50.1% stake in local land-based and online operator Betcoza.