Nordic market adjustments and Dutch declines have seen Betsson AB governance report a 5% year-on-year revenue decline for the second quarter of 2019. Group revenue for the second quarter amounted to SEK1,277.7m (approx. €120.0m), a decrease of 5 per cent year-on-year, as strong sports betting revenue growth of 14 per …
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French online gambling company Betclic Everest Group won its appeal of the Italian gambling regulator’s decision from earlier this year not to renew the operator’s license for the provision of services in the country. The regional administrative court (TAR) of Lazio issued its ruling on an appeal filed by Betclic …
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The government of Ireland is studying the possibility of allowing bookies a tax-free turnover of €2.5 million a year. This move would help smaller, independent operators, which are struggling after the betting tax doubled earlier this year. The ‘Irish Times’ reported that Finance’s Minister Paschal Donohue is prepared to listen …
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GGRAsia reported progress on the integration resort (IR) scene in Japan, as The Japan Tourism Agency is being reshuffled to form the new International Tourism Department. The Agency will report to the Ministry of Land, Infrastructure, Transport and Tourism and start with 73 people working under Hiroshi Tabata, its inaugural …
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Finland’s state-owned gaming operator Veikkaus has selected SBTech as its new online and retail sports betting platform provider. Under the agreement, SBTech will integrate its sportsbook platform technology to Veikkaus’ online offering, with the aim of launching early next year. The long-term agreement follows a competitive procurement process and sees …
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New Jersey’s regulated gambling market has seen total revenue increase by 26 per cent to $1.59bn for the first half of 2019. The industry’s total gaming revenue was $1.59bn through June 2019 compared to $1.26bn in the prior period. Casino revenue was $1.26bn reflecting a 13.1 per cent increase year-on-year. …
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Online casino and sportsbook operator ComeOn, a subsidiary of the Cherry Group, has strengthed its Nordic footprint after debuting its Galaksino brand on the Finnish market. Galaksino.com is the group’s second Finnish pay and play entity live brand after the launch of Nopeampi in May 2018. As with Nopeampi, customers …
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The Netherlands government took in €529m in gambling taxes in 2018, an increase of 12.5 per cent year-on-year, as total market net gaming revenue grew by 2.5 per cent to €2,059.0m. New figures released by the Netherlands’ Central Bureau of Statistics (CBS), a governmental institution, present rather rosy outlook of …
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Council members of District of Columbia, Washington voted on Tuesday to approve the sole-source, no-bid $215 million deal with Intralot covering lottery and sports betting operations for the next five years. According to city officials, the deal provides the most expedient solution with the greatest return on its investment. The …
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GVC Holdings, which owns and operates Ladbrokes and Coral shops in the UK, has said that they are planning to close 900 of their betting shops across the UK. William Hill announced similar plans last week, with 700 stores at risk of closing over the next two years. Both companies …
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Czech investment firm and gaming operator SAZKA has made a €2.06bn tender bid to acquire all shares in OPAP, the largest lottery and sports betting operator in Greece. The offer is priced at €9.12 per share, with Sazka seeking to acquire 67% of the shares in OPAP. Sazka already indirectly …
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The governance of the Norwegian Chess Federation Congress (NSF) voted on Sunday night (July 7) 132-44 against the commercial partnership deal proposed by Kindred Group. Last month the two parties had agreed to a five-year partnership worth around NOK10m (€1.03m) each year which would make it the biggest ever sponsorship …
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Online sports betting brokerage Asianconnect88 closed its business with a website connected to Betfair following a recent investigation by the ‘Financial Times’ into anonymous funds flowing on to the platform. Asianconnect88 offered bettors access to Betfair – the peer-to-peer gambling exchange – through accounts opened on 9wickets.com, a clone site …
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Synot Games, a casino games developer out of Malta, has announced that it has been awarded a license by Sweden’s gambling regulator, Spelinspektionen. Synot said it already has deals in place to roll out its content with a number of operators in the country but has opted not to disclose …
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Online gaming operator Bwin has agreed a deal to become the main sponsor of Spanish LaLiga football club Valencia. GVC Holdings-owned company has previously worked with ‘Los Ches’ during 2016/2017 season as official gaming and betting partner. The three-year agreement will run from the 2019-20 season until the end of …
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FIBA, the world governing body of basketball, and Genius Sports, a global leader in sports data, technology and integrity services, have announced a long-term renewal of their landmark partnership. Expanding a partnership that has existed since 2004, FIBA and Genius Sports will continue to work closely together improving professional basketball’s …
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They say there is no news during summertime, which can partly explain the proliferation of various social media challenges like the Ice Bucket, the eat-the-hottest-pepper-on-Earth and so on. But the advent of BetShah, a new sportsbook and casino operator with a lot of style and huge aspirations may prove to …
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Online gaming operator 1xBet has signed a five-year sponsorship deal with FC Barcelona, which will see the online betting company work as a Global Partner of the club through to 30 June 2024. As part of the deal, 1xBet will have access to Barcelona’s players to create promotional and marketing …
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Gaming Innovation Group (GiG) has followed up on its Spanish entry, by securing an affiliate licence to enter the regulated market of Romania. The Class II license, issued by the National Gambling Office (ONJN), allows GiG’s Media Services division to refer traffic to licensed online casino and sportsbook operators in …
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The IMG agency is close to agreeing a 10-year, $1bn (€884m) deal for betting streaming and data rights to the ATP World Tour. If completed, it will be the biggest tennis media-rights deal in history and will provide a massive financial boost to the sport. According to SportBusiness Media, the …
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