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Industry
April 4, 2022
NagaCorp Reports Strong 1Q2022, Preliminary Results Say
NagaCorp, the company that operates NagaWorld located in Phnom Penh, Cambodia, announced its unaudited financial results covering the period that ended March 31, 2022. NagaCorp on Its Way to Financial Rebound Last year, the company has seen difficulties mainly because of COVID-related closures. Due to the COVID-19 pandemic, NagaCorp had to temporarily suspend its operations […]
Industry
April 4, 2022
Survey Claims Parent Problem Gambling Affects Children in Australia
Australia is a place where people do enjoy a flutter. However, a new landmark study by the Australian National University suggests that there are issues that run deeper in families and impact as many as 200,000 Australian children younger than 15. A Look at Passing Down Problem Gambling to Children Researchers have found out that […]
Industry
April 1, 2022
Star Entertainment Took $1.3B from Xiangmo, a Dangerous Chinese Billionaire
Star Entertainment continues getting into trouble. The company is currently being reviewed after it was accused of being involved in money laundering, foreign interference, crime, and fraud. According to a recent finding, Star allowed a Chinese billionaire to deposit billions without checking his source of income. Star Entertainment’s Closeness with Xiangmo Is Concerning Huang Xiangmo […]
Industry
April 1, 2022
Parimatch Tech Transitions to Sole CEO Management Model
Parimatch Tech, the parent company of CIS sports betting operator Parimatch, announced several structural changes to its senior management team that will see the business shift to sole chief executive officer. Moving to Single Management Model Following the decision of co-CEO Roman Syrotian to step down from the executive position and assume a board supervisory […]
Industry
April 1, 2022
Greenwood and Bally’s Joined AGA’s Have A Game Plan
As efforts to maintain a safe betting ecosystem in America continue, two more operators have vowed to assist the American Gaming Association (AGA) with its responsible gambling endeavors. Two More Operators Vowed to Promote Responsible Gambling The ones who volunteered to help the Association are Parx Casino’s parent company, Greenwood Racing, and the Providence-headquartered gambling […]
Industry
April 1, 2022
Macau Government Confirms Stricter Rules for the Casino Gambling Sector
The Executive Council of Macau announced that the Macau Special Administrative Region (SAR) government would submit to the Legislative Assembly a new gaming law for the optimization and improvement of the gaming sector, suggesting stricter rules for those who operate in the sector. On March 31, 2022, the Executive Council pointed out the main aspects […]
Industry
March 31, 2022
Network Gaming’s Strategic Funding Round Raised £1.25m
A strategic round of funding saw Network Gaming attract £1.25 million ($1.65 million) investment from industry angels, including Betfair co-founder Andrew Black, to support its efforts to innovate sports prediction games. Games to Complement Live Sports Experience Betting technology company Network Gaming raised the money to power the next phase of its international growth and […]
Industry
March 31, 2022
Sportradar Reports Successful 2021, Sees Revenue Surpass €560M
Business-to-business sports data and technology company, Sportradar, released its fourth quarter and full year 2021 results on Wednesday. Sportradar Enjoys 39% Revenue Growth during 2021 Undoubtedly, 2021 was a successful year for Sportradar. The company announced that its revenue for the full year that ended December 31, 2021, hit €561.2 million ($634.2 million). This marked […]
Industry
March 31, 2022
UK Gambling Act’s White Paper Is Almost Finished According to One Minister
UK’s efforts in the review of its Gambling Act 2005 are finally starting to show some positive signs as Nigel Huddleston, UK’s Parliamentary Undersecretary for Digital, Culture, Media, and Sport, stated that the white paper is being finalized. The UK Gambling Act Is in Dire Need of Reform Huddleston stated that the white paper is […]
Industry
March 31, 2022
Carolyn Harris Urges Government to Act, Doubts Industry “Playbook”
An outspoken and vociferous critic of the UK gambling operators’ “playbook,” Labor MP Carolyn Harris participated in a two-hour discussion on the societal issues brought on by the industry. During her debate in the House of Commons, Harris spared no words in condemning practices that she argued were questionable and led to no meaningful debate […]
