Intralot blamed currency movements, the effects of the global economic downturn and start-up costs for new lottery contracts for a slump in operating profits in the first three months of the year. Meanwhile, the firm has also been fined by the state government of Victoria in Australia for failing to televise a bingo game as promised under its 2007 licence to run a statewide bingo game.
The global gambling industry is in a state of constant flux, evolving and growing at pace. The regulatory landscape requires professionals to stay on top of an increasing volume of complex regulatory demands.
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