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Industry
June 13, 2023
JPMorgan Reiterates Overweight Status for MVB Financial Bank
For several years now, MVB Financial has been “betting” heavily on gaming, offering its services to the regulated sector in the United States. Essentially, MVB Financial is the bank that stores customer deposits for players of popular gambling brands in the country, which offers strong capitalization and invites investors interested in placing a bet on […]
Industry
June 12, 2023
Groove Changes Logo, Rebrands as Groove Technologies
Groove, an iGaming platform and aggregator, has launched a new site, sporting a refreshed logo and color scheme. Now rebranded as Groove Technologies, the company will use groovetech.com as its official domain. As first announced by European Gaming, the rebranded Groove will show off its tech capabilities and new solutions. The company is certain that […]
Industry
June 12, 2023
Paul Foster Steps Down from CEO Role with GBGA
The trade association representing licensed gambling operators in Gibraltar, the Gibraltar Betting and Gaming Association (GBGA), has announced changes to its senior-level team. The Association’s chairman, Nigel Birrell, pointed out that the Association has been going through a transition period. Moreover, the chairman revealed that GBGA’s CEO, Paul Foster, has taken the decision to resign […]
Industry
June 12, 2023
New York Sports Betting Revenue Surges in May
The latest figures from the New York State Gaming Commission reveal a remarkable $151.9 million in revenue, demonstrating the robust demand for sports betting and the enduring engagement of local bettors. The sector’s substantial momentum indicates a market that still has the potential to grow as operators consolidate their positions and fight the competition despite […]
Industry
June 12, 2023
SBC Shares Info on the Canadian Gaming Summit
The Canadian Gaming Summit (CGS), Canada’s top annual gambling and sports betting conference, kicks off tomorrow. This year’s edition of the event will run through June 15 at the Metro Toronto Convention Centre and will welcome thousands of delegates. This will mark the 26th edition of the industry event. Produced by SBC and the Canadian […]
Industry
June 12, 2023
Scotland’s Ex-first Minister under Suspicion in Gambling-Related Embezzlement Case
On Sunday, police arrested and questioned Nicola Sturgeon for seven hours after she voluntarily responded to the authorities’ request to visit the station. Her questioning was part of a larger, ongoing investigation aimed at the “funding and finances of the Scottish National Party” (SNP), with embezzlement accusations tied to the gambling scene in the country. The […]
Industry
June 12, 2023
Australia Getting Closer to Ban on Betting Advertising
Every year, Australians lose billions to gambling. With hundreds of millions lost on a monthly basis, gambling is quickly becoming a top health concern for the country. But while gambling is a broad term, it’s not only the pokie machines that result in millions of dollars in losses. Amid the growing popularity of sports betting, […]
Industry
June 12, 2023
GamCare CEO Anna Hemmings Takes Her Leave
Anna Hemmings was at the helm of the organization, helping guide its strategy in transforming the gambling industry in the United Kingdom over the past five years which proved some of the most interesting for the industry. Hemmings Tenure Was Marked by Challenges and Successes Gambling witnessed a significant shift towards the improvement of regulation […]
Industry
June 9, 2023
Galaxsys Unveils Details Regarding New Player Engagement Features
The provider of a wide range of skill and fast games for the online gambling vertical, Galaxsys, announced the launch of new features, catering to its growing portfolio of partners. On Friday, the company revealed that it introduced Lighting Bonus and Leaderboard features. With the launch of the new features, Galaxsys confirmed it anticipates seeing […]
Industry
June 9, 2023
UK Fraudster and Gambler That Extorted Women Goes to Prison
In April this year, Sajad Hussain, a 45-year-old resident of Winterbourne Road, Haydon End, Swindon, pleaded guilty to five counts of fraud. At the time, police authorities revealed that the man was behind a years-long fraudulent practice that brought him some £200,000 ($251,500). For seven years until 2020, Hussain exploited women, asking them for money […]
