Intralot SPA maintains a stable outlook for year-trading, despite the Athens-listed technology group reporting continued revenue declines impacting its commercial performance. Publishing its latest year-to-date (YTD) report, Intralot corporate revenues stand at €280m, down 7% on 2022 comparatives of €301m. The decline in YTD headline revenues reflects the absence of discontinued Malta lottery (B2C) revenues, accounting for a decrease of …

The board of Tabcorp Holdings has confirmed the appointment of Mark Howell as the new Chief Financial Officer (CFO) of the ASX-listed sports betting and racing media group. Subject to regulatory approvals, Howell will take over the role ‘before the end of June 2024’ and will replace Daniel Renshaw, who announced his departure from Tabcorp’s executive leadership team in September, …

International ecosystem PIN-UP Global, which represents a set of businesses in various segments of the gaming industry, has announced the launch this week of a new business line, PIN-UP.INVESTMENTS. The new venture was created, said the company, to “stimulate the development of technologies and products for the gambling market and related industries by providing financial and expert resources, high-value industry …

US casino giant MGM Resorts will not be making a bid for the whole of Entain as the pressure from activist investors on the UK group’s CEO Jette Nygaard-Andersen shows few signs of easing following last week’s Financial Times reports of shareholders moving against her. According to sources close to the group, the US casino giant is “not interested” in bidding …

Cutthroat competition and new digital consumer habits are increasingly forcing sportsbooks and affiliates to navigate difficult seas when trying to differentiate themselves and attract new audiences. But with extensive experience within the esports segment and digitally-native audiences, Abios and BETER are using their learnings to provide insights into how sportsbooks should be positioned to win the attention of the Netflix …

The Treasury has been warned by the Betting and Gaming Council (BGC) not to impose a simplified measure on UK gambling taxes, branded as a ‘Trojan horse’ for the industry and its diverse stakeholders. Last week’s Autumn Statement saw Chancellor Jeremy Hunt confirm that the Treasury would consult on proposals to bring remote betting into a single tax framework, replacing …

Raketech Group Plc has confirmed the appointment of Marina Andersson and Patrick Jonker as newly elected members of the Board of Directors of the Nodric Nasdaq OMX-listed igaming media publisher. The decision follows Raketech concluding its annual shareholders meeting on 24 November, shareholders unanimously agreed to appoint Marina Andersson and Patrick Jonker as new members of the Board. Andersson, holds …

The board of Norsk Tipping has confirmed the permanent appointment of Tonje Sagstuen as Chief Executive Officer (CEO) of Norway’s state-owned lottery operator. A long-term executive of Norsk Tipping, Sagstuen has served as interim CEO since September following the departure of Thor Gjermund Eriksen. Branded the ‘optimal candidate’, Sagstuen’s experience with Norsk Tipping is extensive and includes a five-year tenure …

Entain Plc has backed the findings of the ‘Schnabl Study‘ highlighting the significant presence of black-market operators targeting Germany’s Fourth Interstate Market (GlüNeuRStv). Published by the trade bodies of DSWV (sports betting) and DOCV (online casino), the study conducted by Prof. Gunther Schnabl of the University of Leipzig, found that ‘around half of the online gaming activity in Germany takes …

Vixio has held the first meeting of its newly formed ‘Executive Advisory Board’ for the global payments sector, strengthening its PaymentsCompliance product and providing regulatory intelligence for all stakeholders. The board will provide “expert insight from a cohort of customers across the tech and compliance ecosystem to inform its product development and address challenges shaping the payments industry.” Formed of …