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London-listed gaming technology and services provider Playtech has acquired UK-based ACM Group (Alpha) to strengthen its financial trading division, which will now be renamed TradeTech Group to better reflect the full capabilities of the business.

The Australian state of Queensland has rejected proposals by the federal government to introduce a new lottery to fund elite sport, arguing that tying the country's long-term sporting future to gambling would be "short sighted".

US publisher and online horse racing betting provider Sports Information Group (SIG) has appointed former Ladbrokes chief executive Richard Glynn to its board of directors.

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