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Industry News and Headlines
Industry
May 5, 2022
UK National Lottery Contributed 11% Less to Good Causes in Q4, 2021
Britain’s Gambling Commission (UKGC) has announced the National Lottery Good Causes figures for the last quarter of the previous fiscal year (January-March 2022). It turns out the funding for good causes and charities continues to decline. The Money Donated by the Lottery Declined The commission said that the money raised by the National Lottery sits […]
Industry
May 5, 2022
German Sportsbooks Partner against Hesse in One Massive Lawsuit
All 33 German licensed sportsbooks have teamed up in a joint lawsuit against the State of Hesse. The reason why the operators decided to sue Hesse is the strict market regulations and as critics state, operators based in Germany have a clear disadvantage over offshore companies. The German Sports Betting Association Thinks That Players Will […]
Industry
May 5, 2022
BGC Says Rate of Problem Gambling Drop by 50% to March 2022
The Betting and Gaming Council (BGC) has reported that problem addiction in the United Kingdom has dropped slightly to 0.2%. The data is taken from the UK Gambling Commission which has looked closer into current rates of addiction, covering the period up to March 2022. BGC Sees Drop of 50% for Problem Gambling This is […]
Industry
May 5, 2022
Puerto Rico Gambling Commission Boss Orlando Carrión Resigns
The director of the Puerto Rico Gaming Commission Orlando Rivera Carrión resigned from his position this week amid allegations of possible conflict of interest, El Nuevo Dia reported. Resignation Has Been Confirmed Manuel Cidre Miranda, Secretary of the Department of Economic Development and Commerce (DDEC), confirmed the resignation of Gambling Commission director Rivera Carrión, effective […]
Industry
May 4, 2022
Flutter’s US Revenue Grows, Boosts Q1 2022 Financial Results
The global sports betting, gaming and entertainment provider, Flutter Entertainment plc, announced its financial results for the three months that ended March 31, 2022. On Wednesday, the company said that in Q1, 2022, it has seen growth, primarily driven by the outstanding performance of its US-facing operations. Flutter Sees Strong Revenue for the First Quarter […]
Industry
May 4, 2022
FUGASO to Power QTech Games with Premium iGaming Titles
Slots studio FUGASO has agreed to power QTech Games, the leading game distributor for emerging markets, with its proprietary titles. QTech Adds Fugaso Games to Its Platform QTech Games is known to deliver the hottest iGaming titles to its clients. Following the deal with FUGASO, it will add some of the studio’s most popular titles […]
Industry
May 4, 2022
ASA Judges PlayOJO’s “Hot or Cold Ads” Are Misleading
The Advertising Standards Authority (ASA) in the United Kingdom has forced Skill on Net’s subsidiary PlayOJO to take down a misleading marketing campaign. PlayOJO’s Ads Sparked Controversy The campaign in question promotes PlayOJO’s brand new “Hot or Cold” feature – a solution that allows fans to check which games have been played the most and […]
Industry
May 4, 2022
Philippines Pulls the Plug on E-Sabong with Presidential Approval
The Philippines has had a fraught relationship with e-sabong or online cockfighting which peaked during the pandemic and has been the source of many social ills ever since. Regardless of the infamous cases of kidnappings and some 36 people disappearing over the past year, authorities have been somewhat lackadaisical in their response and Philippines president […]
Industry
May 3, 2022
BlueBet’s Q3 FY22 Revealed Strong Growth ahead of US Debut
BlueBet, an Australian-based sports wagering operator, released its third quarter fiscal year (FY) 2022 report, posting strong growth across all key financial performance metrics, yet ending the period with net cash outflow and the rate of new customer acquisition is slowing down. Key Performance Metrics BlueBet provided its Q3 FY22 Quarterly Activities Report for the […]
Industry
May 3, 2022
FanDuel Appoints Flutter IR and FP&A Director David Jennings
Daily fantasy sport and sportsbook operator FanDuel Group announced in a press release today the appointment of David Jennings as the company’s Chief Financial Officer (CFO). Switching from Dublin to New York New CFO Jennings will be responsible for all of FanDuel Group’s finance functions, overseeing financial planning and analysis, strategy, accounting, procurement, tax and […]