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Finland’s Veikkaus has revealed 2016 financial results for the three state-owned operators that are now merged into a single entity, including record performances from RAY and the old Veikkaus.

Lottery betting operator Lottoland has hit out at the Australian Advertising Standards Board (ASB) after it banned one of its ads for depicting excessive gambling, saying that it disagrees with the watchdog's decision but will amend the ad "for commercial reasons".

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