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DraftKings agrees deal to acquire SBTech and list on Nasdaq

Sports betting and fantasy contests operator DraftKings has agreed a three-way deal that will see the company go public and acquire sports betting technology provider SBTech.

DraftKings has entered into a definitive business combination agreement with Nasdaq-listed special purpose acquisition company Diamond Eagle Acquisition Corp and SBTech to create what it [...]

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Sazka Group

Instant lotteries, digital games and VLTs drive SAZKA revenue growth

European lotteries and gaming operator SAZKA Group has reported a 6 per cent increase in consolidated gross gaming revenue (GGR) to €1.37bn in the first nine months of 2019.

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myLotto24 agrees €54m tax payment to limit risk of fines

ZEAL Network’s myLotto24 subsidiary has entered into an agreement with the Hanover-Nord tax authority (Finanzamt) to pay €54m in assessed value-added-tax (VAT) in respect of its now discontinued secondary lottery business.

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Northern Ireland seeking views on gambling regulation

Northern Ireland has launched a public consultation on gambling regulations as it considers future legislation.

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Foxy Bingo launches new Cash Out feature

London-listed gaming operator GVC Holdings has unveiled a new Cash Out feature for its Foxy Bingo platform.

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Spelinspektionen bans six unlicensed iGaming operators in Sweden

Swedish gambling regulator Spelinspektionen has issued prohibition orders against six unlicensed operators engaged in illegal gambling activity in the country.

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UK Tote returns to Chester and Bangor with new sponsorship deal

The UK Tote Group has signed a four-year partnership with the Chester Race Company, which will see the Tote return to Chester and Bangor-on-Dee racecourses.

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Skywind secures Gibraltar licence approval

Casino games supplier Skywind Group has secured license approval in Gibraltar.

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Lower TV viewership helping reduce child exposure to gambling ads

The UK’s Advertising Standards Authority (ASA) has revealed that children’s exposure to TV ads for gambling increased slightly during 2018, driven by bingo and lottery ads.

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Swedish court lowers fines against Genesis Global and AG

Sweden-licensed gaming operators Genesis Global and AG Communications have had their fines reduced on appeal by the administrative court of Linköping.

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Inspired virtual racing

Inspired Entertainment agrees global distribution deal with Novomatic

New York-listed Inspired Entertainment is set to expand the reach of its virtual sports titles through a global distribution agreement with Austrian gaming giant Novomatic.

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ZEAL Network raises full year earnings guidance

Frankfurt-listed lottery provider ZEAL Network has raised its earnings guidance for the full year by €9.0m after benefiting from the late discontinuation of its secondary lottery business.

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