Retail

All the news from the retail betting sector

Spain to vote on DGOJ to take ‘central control’ of betting fraud duties 

Spain’s Congress of Deputies has approved for MPs to vote on a set of new measures to be applied to ‘The Gambling Law’ that will strengthen the “state’s control on monitoring betting fraud to help tackle sports corruption”.  The Congress that serves as Parliament’s ‘legislative review branch’ voted unanimously in favour (343 votes / 0 against) of approving amendments that …

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Denmark records sports betting decline as land-based casinos bounce back

Consumer spend at land-based casinos and gaming machines in Denmark has risen in Q1 2022, at the expense of sports wagering and online casino. According to the latest figures from the Spillemyndigheden, Danish gambling’s regulatory body, revenue during the first quarter of the year increased, driven by the latter two metrics. Overall, gross gaming revenue from January to March  came …

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Coljuegos: Peak casino activity sees Colombian gambling hit new heights

Colombia’s gaming regulator Coljuegos has shared the financial figures for the first quarter of 2022, a period in which the local industry saw record revenues of $44.1m, or a 17% increase when compared to the previous year. According to the President of Coljuegos, César Augusto Valencia, casinos and bingo halls contributed $19.4m, while online gambling was responsible for $12.9m of …

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Svenska Spel encounters 2022 hurdles as Q1 NGR declines 3%

Swedish gambling company Svenska Spel has reported a ‘challenging start’ to 2022 in that both revenue and earnings have been affected by pandemic impacts and regulatory developments  during the first half of Q1.  However, as set out in its interim report for January – March 2022, the state-owned group’s focus on gaming liability measures seem to have had a more …

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Svenska Spel Movement Fund backs Swedish street football projects

Svenska Spel, the operator of the Swedish national lottery, has allocated funds to organise street football projects across the country. As part of a Swedish Football Association (SvFF) initiative to improve the levels of training and competitions, Svenska Spel is committing SEK3m via its Movement Fund to help communities provide street football activities. The SvFF is focusing on street football in order …

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Madrid Decree toughens rules on gambling venues 

The Governing Council of Madrid has approved a ‘Community Decree’ that will overhaul how betting and gambling premises operate within Spain’s capital city.  Last week, the council unanimously voted in favour of the decree that will override the existing laws that oversee gambling premises operating across Madrid’s twenty-one districts.   The decree aims to desaturate the presence of betting venues within …

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Paraguay overhauls slot machine laws against Conajzar desires

Mario Abdo Benitez, President of Paraguay has signed an executive order that will overhaul the South American nation’s land-based gambling laws. This week, Abdo Benitez fulfilled a principal mandate of the ANR Colorado (Conservative) government signing Law-6903 ‘Ley de Tragamonedas’ as a federal order to be implemented across Paraguay’s 17 provinces.    The Law’s headline directive will implement a ban on …

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Retail recovery and digital expansion drives FDJ’s Q1 revenue growth

La Française des Jeux (FDJ) has detailed a strong start to 2022, with revenue increases recorded for both sports betting and lottery, although stake numbers for the former did decline slightly. Updating stakeholders, the French national lottery and sports wagering provider reported total revenues of €613 million, a 14% increase on the previous year’s figure (€527m), backed by a 10.2% …

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GoldenRace to supply Paston.es as European growth ambitions continue

GoldenRace has strengthened its presence in the Iberian gaming market via an agreement with Paston.es, a Spanish online betting and casino operator.  The virtual sports provider will supply Paston.es suite of virtual sports and games, marking the first time the operator has incorporated such products into its wider offering. GoldenRace has further detailed that it intends to support the Spanish …

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Norsk Tipping CEO search concludes with Thor Gjermund Eriksen appointment

Norsk Tipping, Norway’s state-backed betting and lottery monopoly, has confirmed the appointment of Thor Gjermund Eriksen as its new CEO.  A career journalist, Eriksen most recently served as Director-General of the Norwegian Broadcasting Corporation (NRK), having held the position since 2013.  Although his tenure as NRK Director-General was not due to expire until 2025, Eriksen had previously detailed that he …

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