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Industry News and Headlines
Industry
May 24, 2022
EEG Registered 3Q22 Revenue Growth, Liquidity Problems
Esports Entertainment Group (EEG) announced Monday its fiscal 2022 third quarter earnings report, significantly revising down its previously issued full-year revenue guidance. Growth in Revenue, Gross Profit Hoboken-based full stack esports and gambling operator EEG revealed for the three months ended March 31, 2022, net revenue of $15.7 million, representing an increase of 8% to […]

Industry
May 24, 2022
UKGC Greenlit Gambling Harms Survey Methodology
Around 65% of gamblers in the United Kingdom are not in favor of highly restrictive betting and imposed wagering limits, according to data from a YouGov survey. They argued that the said measures would likely make them look for unregulated or black markets. Today, the United Kingdom Gambling Commission (UKGC) decided to embrace a new […]

Industry
May 24, 2022
Leap Gaming Earns a Supply License for the UK Market
Malta-based games and virtual sports provider Leap Gaming was given the green light to operate on the British market. The British Gambling Commission has issued the new supplier license, following a series of licenses obtained for the regulated gaming markets in Sweden on March 10 and Romania a week later. Leap Gaming Joins One of […]

Industry
May 24, 2022
Inspired Entertainment to Launch in Pennsylvania
Inspired Entertainment, a gaming provider with thousands of machines across shops and pubs, will expand its reach to Pennsylvania after successfully acquiring a gaming manufacturer’s license from the state’s regulator. Inspired to Launch in Pennsylvania After its successful licensing in the state, Inspired Entertainment will expand its footprint in the United States. Thanks to the […]

Industry
May 24, 2022
Gamblers Don’t Want Too Many Gambling Restrictions
As the government is preparing to impose more restrictive measures on gambling in a bid to safeguard consumers against gambling-related harm, and in more extreme cases, suicides, not everyone seems to be happy with the measure. In fact, some 65% of gamblers in the United Kingdom argue that by being too restrictive and setting limits […]

Industry
May 24, 2022
Strive to Power Smarkets News with Sports Content
UK betting exchange Smarkets has expanded its partnership with the marketing brand Strive Sponsorship. The latter agreed to power Smarkets’ websites with daily sports content. Strive to Power Smarkets with Content As per the deal, Strive Sponsorship will provide content, podcasts and editing services to Smarkets News and SBK Betting Zone. Thanks to Strive’s talented […]

Industry
May 24, 2022
Fanatics Wants to Patent a New Sports Betting App
Sports retailer Fanatics seeks to expand its presence in sports betting by introducing a new sports betting app. This was announced by Josh Gerben, a trademark attorney for Gerben Perrott, who said the company has filed a patent application to the US Patent and Trademark Office. Fanatics Will Offer Sports Betting through BetFanatics Fanatics will […]

Industry
May 23, 2022
Safer Game Design Code Eliminates Some Gamification Features
A Safer Game Design Code for gaming machines in land-based gaming establishments was finalized by three gaming sector trading bodies last week. ‘Commitment to Socially Responsible Recreational Gaming’ The Safer Game Design Code finalized by the British Amusement Catering Trade Association (BACTA), the Betting and Gaming Council (BGC) and The Bingo Association is a cross-sector […]

Industry
May 23, 2022
Betegy Names Eugenie Golovina Chief Marketing Officer
Betegy, the leading sports data and content specialist, has reinforced its marketing team. The company has named the experienced Eugenie Golovina its new chief marketing officer. Golovina Joined Betegy Golovina has previously served as a senior communications specialist at the Ukrainian PR firm MAINSTREAM. After almost six years at the company, Golovina left the company […]

Industry
May 23, 2022
EPIC Risk Management Seeks Ban on Loot Boxes Sales to Kids
Independent gambling harm consultancy EPIC Risk Management called on UK authorities to ban the sale of video game ‘loot box’ products to people under 18s, citing findings of its survey conducted this month. Paving the Way to Gambling EPIC’s research conducted across 31 schools in the UK and having 1,793 children participating revealed that 30% […]
