Political debate on how to reform Veikkaus continues, as Finland’s Consumer Ombudsman urges the government to overhaul the gambling monopoly’s operational procedures and governance structures. Speaking to media, Krisi Leivo, Director General of Finland’s KKV Consumer Authority stated that Veikkaus profits should be directly controlled by the state. Leivo believes that Veikkaus would be a more beneficial state asset, if the monopoly …

US private equity fund Apollo Global Management (Apollo) has this morning confirmed that it has acquired a 48.6% stake in Italian gambling group Gamenet SPA. Issuing a market filing, Apollo confirms that it aims to delist the company for its index on the Borsa Milan stock exchange. A former Italian gambling subsidiary of Greek gambling group Intralot SPA, in 2018 …

Barcelona’s City Council has ruled that it will not permit the opening of any new gambling establishments, arcade, bingo hall or casino, as communicated in a statement sent to Catalunya’s municipal government. Barcelona’s executive states that it will trial its mandate for a period of one year in support of the city’s health networks dealing with addiction, and further underling …

Updating the market, the Malta Gaming Authority (MGA) has amended several provisions of its ‘Gaming Licence Fee Regulations (2018)’ updating conditions and criteria related to its MGA legislative frameworks. Publishing its 2019 amendments, the MGA focuses on the definition of start-up businesses working within its jurisdiction, in which the regulator has expanded the criteria and requirements for incumbents to be …

Industry multi-channel platform and systems supplier Digitain has bolstered its sportsbook capacity by launching new betting engine ‘Bet Generator’ – a fully customisable vertical tailored for player preferences. Announced as a major product initiative, Bet Generator has come to market with a host of unique features and innovations, such as allowing players to set desired wagers and potential returns on their …

The International Association of Gaming Regulators (IAGR), the body which represents global regulatory stakeholders and actors advancing fair and balanced gambling legislation, has confirmed the appointment of Paul Newson as new President. IAGR confirms the appointment of Newson as its new leader, following the conclusion of its annual conference held in Jamaica from 30 September to 3 October, which attracted …