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Penn National Gaming reorganizes executive management team

US racing and gaming operator Penn National Gaming has reorganized its executive management team to coincide with the transition of Jay Snowden to the chief executive role from 1 January.

1 min read

Washington DC to recognise sports wagering licenses in certain jurisdictions

Washington DC’s Office of Lottery and Gaming opened its sports betting licensing process Tuesday, with a fast track procedure for those already licensed in certain other jurisdictions.

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888 Holdings

Danish regulator orders 888 to amend anti-money laundering procedures

Denmark’s gambling regulator Spillemyndigheden has ordered gaming operator 888 to amend its anti-money laundering procedures to comply with the country’s Money Laundering Act.

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NHS data shows fewer people gambling in England

Figures released this week by NHS Digital show a decline in gambling participation among people in England over the age of 16.

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Better Collective raises SEK312m to fund M&A

Stockholm-listed sports betting affiliate Better Collective has closed a directed new share issue of 4m shares to raise capital for its M&A growth strategy.

The new share issue was closed at a price of SEK78 per share and will raise proceeds of around SEK312m (approx. €29.5m) before transaction costs.

The company said [...]

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Denmark

Danish government to raise iGaming tax to 28% from 2021

Licensed online casino and sports betting operators in Denmark will have to pay significantly higher taxes from 2021.

1 min read
IBIA

Kambi joins International Betting Integrity Association

Stockholm-listed sports betting supplier Kambi Group has become the latest company to join the International Betting Integrity Association (IBIA).

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The Stars Group

The Stars Group acquires remaining stake in Australia’s BetEasy

Toronto-listed The Stars Group has entered into an agreement to take over full ownership of Australian sports betting operator BetEasy.

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White Hat Gaming enters US with Penn National Gaming deal

iGaming platform provider White Hat Gaming has entered into a long-term deal to provide its player account management platform to New York-listed operator Penn National Gaming.

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NFL suspends Arizona Cardinals player for betting on games

The National Football League (NFL) has suspended Arizona Cardinals’ defensive back Josh Shaw for betting on NFL games on multiple occasions this season.

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Spain

Spanish iGaming market grows to €191.7m in third quarter

Spain’s regulated online betting and gaming market saw gross gaming revenue (GGR) increase by 5 per cent to €191.7m during the third quarter of 2019.

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Playtech BGT Sports extends partnership with Jenningsbet

Sports betting solutions provider Playtech BGT Sports (PBS) has extended its long-term partnership to supply self-service betting terminals (SSBTs) to British bookmaker Jenningsbet.

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