iGaming Business – Swedish gambling regulator Lotteriinspektionen has reported that the country’s regulated market shrunk by more than 3% during the first half of 2014. Total revenue for the six-month period amounted to SEK19.3 billion (€2.1 billion/$2.8 billion), which is down more than SEK1 billion on the previous year. The revenue figure also represents the fourth consecutive year of decline in the Swedish national market. Svenska Spel, the largest operator in the country, reported sales of SEK10.7 billion in the first half, which is a drop of almost 5% on the same period last year. The operator suffered losses in…

The Nevada State Gaming Control Board Gaming Commission has approved the Genting casino license for the Malaysian conglomerate ahead of the opening of its new Resorts World Las Vegas facility in the state. As reported by iGaming Business, Genting presented its plans for a multi-phased opening of its new resort to the Nevada regulatory body earlier this month. Genting said the new resort would create ‘tens of thousands’ of jobs and generate ‘hundreds of millions of dollars’ in tax revenue for Southern Nevada. Construction work on the new resort, which will be located on the site of the old Stardust…