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Swedish gambling market buoyed by sports betting and online casino in 2019

Sweden’s regulated gambling market generated total net gaming revenue of SEK24.79m (€2.34bn) in its first year since the re-regulation of the market, with licensed operators enjoying their strongest quarter to date during Q4.

Based on preliminary data from the Swedish Tax Agency, revenue in Q4 rose by 12 per cent to quarter-on-quarter to SEK6.65bn, [...]

1 min read
GVC

Strong online performance sees GVC revenue hit £3.66bn in 2019

London-listed betting and gaming operator GVC Holdings has reported a 23 per cent increase in net gaming revenue to £3.66bn for 2019, benefiting from a full year’s trading of Ladbrokes Coral.

GVC recorded underlying growth in all areas of the business except UK Retail machines, where revenue declined following the implementation of the [...]

1 min read
Betfred

Playtech extends long-running Betfred partnership until 2024

London-listed gaming supplier Playtech has secured a four-year extension to its long-term agreement with British bookmaker Betfred.

Expanding on a decade-long partnership, the new deal will see Playtech continue to provide Betfred with its casino, live casino, bingo and poker services on an exclusive basis in the UK.

The agreement also includes the extension of [...]

2 mins read

Online drives Latvia gambling market growth in 2019

Licensed gambling operators in Latvia grew their combined gross gaming revenue by 10.5 per cent to €324.3m in 2019, buoyed by strong growth online.

Total gross gaming revenue (GGR) at the country’s 15 licensed private operators and state-owned Latvijas Loto rose by 10.5 per cent to €307.1m, with other gaming activity [...]

1 min read
Spain

Sports betting decline hits Spanish iGaming market in Q4 2019

Licensed online betting and gaming operators in Spain have recorded a 2 per cent drop in gross gaming revenue (GGR) to €185.6m during the final quarter of 2019.

Sports betting represented nearly half (48 per cent) of the total market, despite GGR declining by 10 per cent to €90.0m, according to latest results [...]

1 min read
Codere

Codere grows Online as Argentina and Colombia slip

Madrid-listed gaming operator Codere has posted a 6 per cent decline in revenue to €1.39bn for 2019, despite growing contributions from its Online business.

The company recorded growth from its Online, Spain, Italy and Uruguay business segments, offset by declines in Colombia, Panama, Mexico and Argentina.

Latin America accounted for more than half of [...]

1 min read

UK National Audit Office calls for more research and funding to combat problem gambling

The National Audit Office has released its report into gambling regulations in the United Kingdom, concluding that the regulations “lag behind industry” due to a number of factors, including an inflexible funding mechanism for the Gambling Commission and limited understanding of the impact of gambling-related harm on society and public [...]

1 min read

UK Betting and Gaming Council appoints new communications head

UK gambling industry association the Betting and Gaming Council has appointed Kevin Schofield as director of communications and digital.

Schofield will join the association in the summer from political news source PoliticsHome, where he has served as editor since 2015.

Prior to PoliticsHome, Schofield spent over 25 years working as a political journalist at various [...]

2 mins read

City of Buenos Aires releases final iGaming regulations, begins licensing

The City of Buenos Aires has begun the licensing process for online gaming operators following publication of new regulations concerning technical platforms, advertising and responsible gambling.

The licensing process is being managed by the Lottery of the City of Buenos Aires (LOTBA), which adopted final regulations for online gambling in the city late last week.

LOTBA [...]

1 min read
Playtech

Playtech partners Rightlander to enhance affiliate compliance

London-listed gaming technology provider Playtech has entered into a partnership with affiliate compliance specialist Rightlander.

Rightlander’s solutions will be made available to Playtech’s operator partners through the Playtech IMS platform, including a range of affiliate compliance tools such as Automated Compliance Monitor, a PPC Monitor, a Proactive Affiliate Finder, and Compliance Live, which allows [...]

3 mins read
Spain

New Spanish gambling regulations released for public comment

Spain’s gambling regulator has launched a public consultation into new marketing and responsible gambling regulations.

Gambling regulator La Dirección General de Ordenación del Juego (DGOJ) published the Draft Royal Decree on Commercial Communications for Gambling activities on February 24, with public responses due to by March 16.

The new regulations are designed to [...]

1 min read

Canada’s Atlantic Lottery confirms Chris Keevill as next CEO

Canadian provincial lottery operator Atlantic Lottery Corporation (ALC) has appointed Chris Keevill as its new president and CEO.

Keevill will take up his position on 1 May, replacing incumbent CEO Brent Scrimshaw who announced his retirement last September after more than 13 years’ service.

Keevill brings with him more than 20 years’ experience [...]

1 min read
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