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Bingo News

888 Holdings

Discovery partners 888’s Dragonfish for UK online bingo launch

International broadcaster Discovery has partnered with Dragonfish, the B2B arm of online gaming operator 888 Holdings, to launch a new UK-facing online bingo site.

1 min read

GVC names Barry Gibson as chairman designate

London-listed betting and gaming operator GVC Holdings has named JM Barry Gibson as its next non-executive chairman.

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Tenlot Group secures exclusive Costa Rica bingo license

Lottery and gaming operator Tenlot Group has been awarded an exclusive license to operate bingo games in Costa Rica.

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Gambling Commission

UK Gambling Commission highlights need to raise standards in Malta

The UK Gambling Commission has advised Malta-based operators and the Malta Gaming Authority of the need to raise standards in the regulation and operation of online gaming.

1 min read

Challenging year for Veikkaus as turnover decline continues

Finland's state-owned gaming operator Veikkaus has reported a 4 per cent drop in turnover to €2,230.4m for the first nine months of 2019.

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Finland

Finnish consumer authority calls for more effective regulation of gambling

Finland’s Competition and Consumer Authority has concluded that the Finnish gambling monopoly does not provide effective industry supervision or protection to problem gamblers, although it stopped short of recommending a liberalised gambling market.

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Greece set to begin online gaming licensing

Lawmakers in Greece voted Thursday in favour of new online gambling regulations that will see operators fully licensed and regulated for the first time.

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Nektan secures interest in £2.6m new share placement

London-listed gaming supplier Nektan has secured agreements to raise £2.6m through a new share issue at a price of five pence per share.

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Loto-Quebec

Loto-Québec posts first half revenue growth despite lottery decline

Canadian provincial lottery operator Loto-Québec has reported a 1.5 per cent increase in revenue to CAD$1,415.2m for the first half of its financial year ended 30 September.

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Sweden readies new anti-money laundering reporting system

Gambling operators in Sweden will be required to report suspicious financial transactions through a new anti-money laundering (AML) system which goes live in January.

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International Association of Gaming Regulators names new president

The International Association of Gaming Regulators (IAGR) has appointed Paul Newson, trustee of the New South Wales Responsible Gambling Fund, as its new president.

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Kindred

Kindred Group posts third quarter revenue and profit decline

Stockholm-listed operator Kindred Group has reported a 2 per cent drop in gross winnings revenue to £226.0m for the third quarter of 2019, with results impacted by the difficult market conditions in Sweden and a lower than usual sportsbook margin in September.

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