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Industry News and Headlines
Industry
November 11, 2022
Sharp App Wins Prize on 2 Minute Drill
Sharp App, an innovative sports betting app, took the top prize on David Meltzer’s “pitch-only” show, 2 Minute Drill. The application was applauded for providing players with thrilling experiences by leveraging AI-powered tools, analytics and educational programming. Sharp App Won $50,000 in Cash and Prizes The prize was won thanks to the efforts of Jason […]

Industry
November 11, 2022
Senator Addabbo Wants NY Online Casino, Poker in 2023
Speculations about legalizing online betting and poker in New York have been running rampant, and Senator Addabbo’s reelection is bringing more life into the conversation. Supportive Immediately After Reelection Senator Addabbo was recently reelected and it took only a day for him to reaffirm his support for bringing online casinos and poker to New York. […]

Industry
November 11, 2022
SciPlay Posted Strong Q3 Revenue Growth, Decrease in Income
Social gaming operator SciPlay reported its financial results for the third quarter of 2022, posting double-digit revenue growth but increased operating expenses weighed on its bottom line. Alictus’ Acquisition Playing Its Part SciPlay published its earnings report for the quarter that ended September 30, 2022, posting revenue of $170.8 million, up 16.5% from $146.6 million […]

Industry
November 10, 2022
UKGC Publishes Young People and Gambling Report
The UK Gambling Commission (UKGC) has finally released its much-anticipated “Young People and Gambling Report” after a two-year break caused by the pandemic. According to the report, while gambling protections are efficient, children need better influences to prevent gambling harm. 3 in 10 Minors Spent Money on Gambling Activities in the Past Year The UKGC […]

Industry
November 10, 2022
MGA Stakeholders to Discuss ITAs, VFAs, and Virtual Tokens
The Malta Gaming Authority (MGA) has announced it would launch a closed consultation for relevant stakeholders in regard to a proposed policy concerning the use of Innovative Technology Arrangements (ITAs) and the introduction of Virtual Tokens and Virtual Financial Assets (VFAs). The applicable period of the guidance on the use of ITAs and the acceptance […]

Industry
November 10, 2022
SG’s Carla Schaefer Joins NCPG as Director
On Wednesday, Scientific Games announced that its vice president of global responsible gambling, Carla Schaefer, has been appointed to the board of directors of the National Council on Problem Gambling (NCPG). The lottery industry professional, who has 36 years of experience in the said industry, is also heading Scientific Games’ Healthy Play program, which provides […]

Industry
November 10, 2022
SharpLink Gaming Welcomes Abbott as CTO
SharpLink Gaming, a provider of innovative tech-driven sports fan activation solutions for the sports betting industry, welcomed the experienced Dave Abbott as its new chief technology officer. Abbott joins the company from the famous sports tech company Sportradar where he served as a managing director. The New CTO Brings Years of Experience Abbott has over […]

Industry
November 10, 2022
Playtech Inks UK Content Deal with BetVictor
Playtech, one of the best gambling tech companies in the world, has struck a new content agreement with BetVictor, a leading European iGaming operator. The deal will see BetVictor roll out some of Playtech’s critically-acclaimed games in Britain. Playtech to Power BetVictor’s Content Offering Per the agreement, Playtech will power BetVictor with Playtech Casino and […]

Industry
November 10, 2022
Ban on Ads for Unlicensed Gambling to Be Approved by the Swedish Government
The Swedish government is about to approve a bill that will extend a ban on unlicensed gambling advertising in Sweden by the end of this year, which was proposed in May by the country’s previous government led by the Sweden Democrats party. The Current Swedish Government Is About to Approve a Bill Changing Gambling Regulations […]

Industry
November 10, 2022
DoubleDown Reported Lower Revenue and Higher Expenses in Q3
Social casino publisher DoubleDown Interactive reported its unaudited financial results for the third quarter of 2022, posting a loss of $24 million as revenue fell and operating expenses more than doubled due to the Benson class action settlement’s quarterly incremental charge. Revenue Impacted by Rising Inflation DoubleDown Interactive posted for the three months ended September […]
