The German state of Hesse is gearing up to begin the process to award the country’s sports betting licenses, with analysts warning that operators could see up to 70% of revenue disappear as a result of the restrictive operating model.

Finnish gambling monopoly Veikkaus ramped up its player protection controls with plans to monitor its customer rewards program to avoid encouraging excessive gambling.

UK-listed gambling operator GVC Holdings claimed the mantle of the UK’s second-biggest online operator after delivering its solid H1 results.

LeoVegas has reported an 8% year-on-year rise in Q2 revenue to €94.4m, despite a challenging period in the UK.

Gaming Innovation Group (GiG) has revealed a 16% year-on-year fall in Q2 revenues to €31m due to the headwinds of “a tougher Swedish market.”

Following the suspension of its Swedish gaming license, revenue at Global Gaming fell 42% year-on-year to SEK 132.2m for Q2.

Iowa has become the 11th US state to launch legal sports betting.

A joint venture between Italy’s Sisal and Turkish media giant Demirören Holding has secured the operating rights to Turkey’s national lottery Milli Piyango for the next ten years.