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Industry
July 4, 2022
Kenya’s Licensing Demands Stump License Renewals and New Applicants
Kenya’s gambling industry has been unable to regulate properly, with a number of legal challenges, threats, and repeated country exits taking place over the past couple of years. Now, a new report by the Betting Control and Licensing Board has established that the country’s applicants for new and renewed licenses have not been able to […]
Industry
July 2, 2022
Betfred’s 2021 Profit Decimated by Betting Shop Closures
Betfred Group Limited filed its annual report and consolidated financial statements for the period ended September 26, 2021, to reveal the significant impact of the coronavirus-related closures on its betting shops. Key Performance Indicators For the 12 months ended September 26, 2021, Betfred generated £6,999 billion ($8,398 billion) in amounts wagered to register an increase […]
Industry
July 1, 2022
Increased Foot Traffic in May Could Not Help TAB NZ Meet Budget
New Zealand betting services provider TAB NZ released today its tenth monthly trading update for the 2021/22 financial year covering the performance in May 2022. Financial Performance Indicators TAB NZ failed to meet its turnover budget targets in May despite the slight ease of the impact of the current coronavirus outbreak which resulted in increased […]
Industry
July 1, 2022
HeadsUp Finalized LotteryHub Acquisition Deal
HeadsUp Entertainment, a global iGaming media and entertainment company, has completed its acquisition of LotteryHub. The latter is a platform that provides millions of people with crucial information about lotteries and helps them navigate the complicated lottery space. HeadsUp Will Help the LotteryHub Grow According to statistics, the LotteryHub currently serves over four million Americans. […]
Industry
July 1, 2022
888 Changes Team Following William Hill Acquisition
888 Holdings, a company operating several gambling brands, has successfully completed the acquisition of William Hill, a British gambling company. 888 decided to introduce some changes to its leadership team right away. William Hill’s CEO and CFO to Leave Several William Hill executives will be leaving the team as a part of 888’s organizational changes. […]
Industry
July 1, 2022
COVID Hurts Macau GGR, Leads to Weak June Results
It would seem like Macau’s woes never end. The special administrative region just posted the financial results of its gaming industry for June this year. The declining revenues make it very clear that the worst is far from over. Macau’s GGR Continues to Decline According to the results, Macau’s gross gaming revenues for June sit […]
Industry
July 1, 2022
SSG Publishes 2022 Sports Betting Industry Study
International media and technology company Spotlight Sports Group has issued its second annual report reviewing the sports betting and iGaming industry worldwide, which focuses mainly on the regulated European and US markets. ‘BetTech Ecosystem’ – Edition 2022 For the second year in a row Spotlight Sports Group (SSG) authored a research paper called ‘BetTech Ecosystems’, […]
Industry
July 1, 2022
GLI Africa Writes History as It Hits 100 South Africa-based Employees
Gaming Laboratories International (GLI) Africa has reached a massive achievement as it hits 100 South Africa-based employees, which will support the company’s customers in the African continent and beyond. Customer demand has been increasing in this region in the past year as GLI Africa hired 58 more team members. GLI Africa’s Operations Started in 1996 […]
Industry
July 1, 2022
AGCO issues CAD$100,000 Fine to DraftKings in Ontario, Canada
The Alcohol and Gaming Commission of Ontario has issued a new penalty to the tune of CAD100,000 targeting DraftKings. The company received a Notice of Monetary Penalty, the standard document used to notify operators about breaches of the existing gambling law, on Thursday. DraftKings Latest Company to Be Fined over Gambling Shortcomings The notice listed […]
Industry
July 1, 2022
Sir Iain Duncan Smith Blasts White Paper and Gambling Act Review Delays
A white paper has been the hot topic of discussion in the UK, with some proposed changes in the 2005 Gambling Act not sitting well with Tory backbenchers and others. Lobbying efforts to get the opposite message across have been undertaken by gambling companies. Gambling Act – 17 Years Old, Needs Update The Gambling Act […]
