The GI Newswire: 16 September 2024

The GI Newswire: 16 September 2024

Entain releases trading update ahead of week of investor meetings

Entain has provided a trading update on its early H2 performance, with online net gaming revenue (NGR) reportedly surpassing expectations. This comes ahead of investor meetings scheduled for the week of 9 September 2024, where the company is expected to provide further updates on its strategic progress. Naturally, the operator will have wanted to highlight the positives ahead of such a week. Read the full story here.

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Other stories from Europe:

  • Flutter launches Cash4Clubs programme (Read)
  • Grainne Hurst and Kane Purdy introduce GamProtect at launch event (Read)
  • Spelinspektionen reports SEK 6.89bn in Q2 gambling turnover (Read)

Ohio launches free telehealth service for problem gambling support

The Problem Gambling Network of Ohio (PGNO) has introduced a new initiative to address the growing need for accessible mental health support for individuals struggling with gambling-related issues. The Ohio Gambling Telehealth Network (OGTN) is a telehealth system designed to provide free mental health support to Ohio residents dealing with problem gambling disorders or concerns. This service aims to bridge the gap in mental health care accessibility, particularly for those living in areas without local access to qualified gambling counsellors. Read the full story here.

Other stories from North America:

  • Maryland sports betting surpasses $100m in education funding (Read)
  • Wynn Las Vegas forfeits $130m for unlicensed money transfers (Read)
  • Playtech partners with RSI to expand online casino offering (Read)

Flutter acquires stake in Brazilian operator NSX Group

Flutter Entertainment has added a new operator to its portfolio of brands, acquiring a stake in NSX Group in Brazil for a cash consideration of approximately $350m.?The deal follows the company’s strategy as it looks to invest in leadership positions in international markets, acquiring a stake within the ever-growing Brazilian market which continues to see huge demand from operators around the world.?NSX Group has a number of brands within its portfolio, including the flagship Betnacional, which has naming rights for the Brazilian Serie B.?Read the full story here.

Other stories from South America:

  • Kambi signs multi-year online sportsbook partnership KTO Group (Read)
  • GR8 Tech seeks to enhance LatAm presence with Jugabet (Read)

Playtech partners with Betway in South Africa

Playtech has gone live with another operator in the ever-growing South African market, as it introduces its casino and live casino products with Betway.?Previously, Playtech agreed several other deals within the region, a recent one being its partnership with Hollywoodbets, which saw Playtech’s live casino and slots introduced to players on the sports betting company’s platform.?Read the full story here.

Singapore amends Casino Control act to allow cashless gaming

Singapore has announced amendments to the Casino Control Act that will allow cashless gaming at the nation’s two casinos, Resorts World Sentosa and Marina Bay Sands. However, according to Singaporean news reports, the amendment did not include cryptocurrencies, as quoted from a statement by the Minister of State for Home Affairs and Minister for Social and Family Development Sun Xueling.?Read the full story here.

Other stories from Asia-Pacific:

  • PAGCOR to reduce rates and fees for operators (Read)
  • Osaka IR plans for opening in 2030 (Read)
  • Bloomberry confirms new casino project in Cavite (Read)
  • Thailand’s Deputy PM supports entertainment complex policies (Read)
  • NICC issues The Star with show cause notice (Read)

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