The governing body for Colombia’s leading football competitions División Mayor del Fútbol Profesional Colombiano (Dimayor) has struck a partnership with Genius Sports through which it aims to safeguard its leagues and tournaments against match fixing and betting-related corruption.
Sri Lanka has become the first South Asian country to criminalise match fixing, with a bill setting out severe penalties including fines of up to LKR100m (£431,836/€502,536/$554,078) and ten-year prison terms.
Denmark’s regulated gambling market has reported a marginal year-on-year decline in revenue, with declines in revenue from land-based gaming machines and sports betting offsetting growth in online casino.
An increase to the price of English and Scottish football data in the wake of Genius Sports Group’s exclusive partnership with Football DataCo (FDC) is squeezing operators' already tight margins further.
Norway’s state-owned totalisator betting business Norsk Rikstoto has proposed establishing a mandatory monthly spending limit for all customers, with the country’s gambling regulator speaking out in favour of the proposal.
Increased B2C revenue resulting from Playtech’s 2018 acquisition of Italy’s Snaitech offset a decline in B2B revenue for the gaming solutions giant in H1, though the deal also resulted in increased depreciation and amortisation, and financial costs, which hit profits.
GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.
The German state of Hesse is gearing up to begin the process to award the country’s sports betting licences, with analysts warning that operators could see up to 70% of revenue disappear as a result of the restrictive operating model.
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 Brazilian Ministry of the Economy has launched a month-long public consultation on sports betting regulation as it works to develop a legal framework for the vertical. Interested parties have until 31 August to submit comments.
Sports betting solutions provider FSB Technology has secured a £23m growth capital investment from Canadian venture capital fund Clairvest Group, with the money to be used to pursue growth opportunities in regulated markets.
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.