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Jumbo secures approval to enter UK charitable lotteries market

Sydney-listed online lottery provider Jumbo Interactive is targeting expansion in the UK charitable lottery sector after receiving a supplier licence from the Gambling Commission.

The software operating licence enables Jumbo to supply its Software-as-a-Service (SaaS) online lottery platform to licensed operators in the UK, adding to the company's existing external lottery [...]

1 min read
BCLC

BCLC begins search for interim president and CEO

Canada’s British Columbia Lottery Corporation (BCLC) has begun the search for a new interim president and CEO to replace incumbent Greg Moore, who will leave the provincial lottery operator in January.

Moore is leaving the BCLC to pursue a new opportunity in the private sector and will step down as interim [...]

1 min read
OPAP

OPAP reports Q3 profit growth

Athens-listed lottery and gaming operator OPAP has reported profit growth for the third quarter of 2020, despite a 2 per cent fall in net gaming revenue to €259.6m.

After recording a decline during the first half of the year, total amounts wagered increased by 2.5 per cent year-on-year to €1.11bn in [...]

1 min read

UK National Lottery sees first half digital sales hit record £1.6bn high

UK National Lottery operator Camelot has reported a 2 per cent drop in lottery sales to £3.85bn in its financial first half period ended 26 September, with a record performance from its digital channel unable to offset a decline in Covid-impacted retail sales.

The period marks the lottery's second best H1 [...]

1 min read

New Hampshire sports betting wagers climb to $47.1m in October

New Hampshire’s regulated sports betting market booked record monthly handle of $47.1m in October.

The New Hampshire Lottery and its exclusive sports betting partner DraftKings saw wagers increase by 14 per cent compared to the previous month’s $41.4m.

Mobile sports betting continued to represent the bulk of the total with wagers of [...]

1 min read

500.com struggles continue as Q3 revenue slides to €0.8m

New York-listed lottery and gaming operator 500.com has reported a 38 per cent fall in net revenue to RMB6.1m (€0.8m) for the third quarter of 2020.

The year-on-year decrease was mainly attributable to a RMB6.0m decline in revenue resulting from the temporary suspension of The Multi Group's (TMG) Swedish operations after [...]

1 min read

Swedish gambling market grows despite retail decline

Sweden’s licensed gambling operators grew third quarter revenue by 1.3 per cent year-on-year, according to the latest data from gambling regulator Spelinspektionen.

The data is based on information from the Swedish tax authority and shows that licensed operators, both online and land-based, generated total gross gaming revenue of SEK6bn in the [...]

1 min read
Lottery.com

Lottery.com plans New York Nasdaq IPO

Texas-based online lottery provider Lottery.com has revealed plans to become a publicly listed company through a business combination with Nasdaq-listed Trident Acquisitions Corp.

Lottery.com has entered into a binding letter of intent with the special purpose acquisition company (SPAC) and expects to complete the business combination during the first quarter of [...]

3 mins read
Sazka Group

SAZKA Group builds team for UK National Lottery bid

Lottery operator SAZKA Group continues to build its consortium in its bid to operate the UK National Lottery, confirming new UK hires across its team.

The four new appointments expand SAZKA's transition, procurement, supply chain and data network teams, with the majority sharing a similar background to the recently appointed chairman [...]

2 mins read
Aspire Global

Aspire Global enters Russia with Sports Lotteries

Stockholm-listed gaming supplier Aspire Global has secured a potentially lucrative deal to provide its platform and games to Sports Lotteries LLC., one of only two authorised national lotteries in Russia.

The initial three-year contract will see Aspire Global provide its Player Account Management (PAM) platform and lottery games for online and [...]

3 mins read
NeoGames

NeoGames announces pricing of Nasdaq IPO

iLottery solution provider NeoGames will make its stock market debut today on Nasdaq under the ticker symbol NGMS.

The initial public offering consists of 2,627,061 ordinary shares offered by the company and 2,180,461 ordinary shares offered by existing shareholders at a price of $17.00 per share.

Underwriters also have the option to [...]

1 min read
European Commission

Sazka gains EC competition clearance

Sazka’s bid to assume joint control of Casinos Austria has secured European Commission approval.

Sazka agreed a deal in March with Austrian state-owned holding company ÖBAG for joint control of Casinos Austria, having increased its shareholding in the business to over 50 per cent through the acquisition of the stake held [...]

1 min read
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