An afternoon of frantic Downing Street movements has seen Oliver Dowden (MP for Hertsmere Hertfordshire) promoted to the senior position of Secretary of State for Department of Digital, Culture, Media and Sport (DCMS). Dowden replaces Baroness Nicky Morgan as DCMS leader, who stood down as a Conservative MP last December after choosing not to contest her constituency seat in the …
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French lottery operator Française des Jeux (FDJ) has declared a ‘landmark year’ after publishing its first set of corporate results as a Paris Euronext Exchange enterprise. Citing growth across ‘all lottery verticals’, FDJ recorded a 9% increase in stakes to €17.2bn (FY2018: €15.8bn). FDJ said that it is now operating its largest point-of-sale network with a capacity of +30,000, leading …
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MGM Resorts International has revealed its transition plan following the news of chairman and CEO Jim Murren’s decision to step down before his contract expiration. The search process is set to be run by a committee of independent directors formed by the board alongside a ‘nationally recognised’ executive search firm. In a statement issued, Murren expressed his gratitude to MGM …
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Foreign and domestic bidding parties seeking to compete in the UK Gambling Commission (UKGC) 2020 National Lottery tender have been frustrated following news reports of likely delays. This week, the Financial Times reported that the UKGC had not issued its ‘procurement questionnaire’ to bidding parties, a key tender procedure which was meant to be sanctioned at the start of February. …
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The National Basketball Association (NBA) has confirmed PointsBet as an authorised sports betting operator of the league. The multiyear partnership is the sportsbook’s first venture into a U.S professional sports league whilst the NBA has secured its 11th betting supplier, a list that includes William Hill and Unibet. Scott Kaufman-Ross, Senior Vice President, Head of Fantasy & Gaming, NBA stated: “We …
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The UK Gambling Commission (UKGC) has hosted a two-day meeting between industry executives and technology experts, seeking to make progress on the development of a ‘single industry-wide solution’ reducing gambling harms. Forming a ‘single customer view’ of UK gambling has been previously outlined as a major strategic initiative of the UKGC’s ongoing ‘National Strategy’ regulating the UK gambling incumbents The …
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Publishing its full-year 2019 results, Stockholm-listed online gambling group Betsson AB details that it has achieved its strategic goals in a year of tough industry challenges and corporate adjustments. Tougher operating conditions within its Nordic home markets and the Netherlands see Betsson record a 5% decrease in group revenues to SEK 5,173m / €493m (FY2018: SEK 5,419m). Lower group revenues …
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The Irish gambling landscape is set to face some major changes in the coming months, but what has been a surprise to many is the mass seat gains of Sinn Féin. Speaking to Joe Lee, Head of Political Betting at Paddy Power, he explained that punters are backing a second general election before the end of the year, while a …
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Mathias Dahms, President of the German Sports Betting Association (DSWV), has urged Bundesrat officials to ditch the ‘agreed’ online sports betting restrictions of the inbound 2021 ‘Fourth Interstate Treaty on Gambling’. Representing DSWV members, Dahms states that restrictions of sports betting markets and in-play restrictions would simply be ‘proven as ineffective for a digital age’. Despite amending Interstate Treaty provisions …
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Stockholm-listed Global Gaming AB has had its latest attempt to revive its flagship Ninja Casino property within Sweden rejected by gambling inspectorate Spelinspektionen. Spelinspektionen governance is reported to have blocked the transfer of Ninja Casino’s SE domain to Global Gaming marketing partner Viral Interactive. A marketing services provider, Viral Interactive had applied to secure the Ninjacasino.se domain under the management …
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