Industry
April 18, 2023
New Research Pegs the Cost of Problem Gambling in the UK to £1.40B Each Year
The research focused on the fiscal costs associated with problem gambling, contrasting previous work in that field. NIESR’s findings questioned the long-term financial benefits of gambling as opposed to its substantial societal burdens. The Institute recommended further research to elaborate on these early findings and develop a comprehensive picture of the UK’s gambling ecosystem. Hundreds […]
Industry
April 18, 2023
RubyPlay Agrees to Supply LeoVegas with Slots
RubyPlay, an innovative B2B developer of iGaming content, has minted a new deal with LeoVegas, a leading iGaming operator. Under the agreement, the former company will supply the casino giant with its critically-acclaimed slot games. As announced by RubyPlay, some of its best and most innovative titles will be integrated into LeoVegas’ offering through Relax […]
Industry
April 18, 2023
Mindway AI Reinforces Team with Two Appointments
Mindway AI, an award-winning Danish software company that helps gambling operators identify at-risk players, has reinforced its team with two new additions. As announced on LinkedIn, the software specialist will welcome Niamh Gallagher as social media and marketing manager and Stephen Aupy as business development manager. Both of the new appointees are seasoned gambling industry […]
Industry
April 17, 2023
SEGA to Acquire Angry Birds’ Developer Rovio, Tables a €706m Bid
Video games manufacturer SEGA Sammy Holdings Inc. submitted a €706 million ($776 million) bid to acquire mobile games developer operating out of Finland, Rovio Entertainment. Accelerate Mobile Gaming Footprint Japanese-based game company SEGA Sammy announced today that its UK subsidiary, SEGA Europe Limited, has entered into a definitive agreement and submitted a tender offer to […]
Industry
April 17, 2023
Online Gambling and Sports Betting Boost New Jersey Casino Revenue in March
Figures released by the New Jersey Division of Gaming Enforcement indicate that the industry generated $487 million in revenue, a 15% increase compared to the same period last year. New Jersey Casinos Struggle with In-Person Revenue as Online Gambling and Sports Betting Flourish The rise in revenue was attributed to strong performance in online gambling […]
Industry
April 17, 2023
MGC May Use Sportsbook Data to Advance Responsible Gambling Research
To this end, the MGC will now seek to involve sportsbooks in the process of helping researchers better understand gambling addiction and disorder by providing relevant data that can help advance scientific understanding of the issues. Leveraging Data to Tackle Big Issues The regulator is confident that the massive troves of data that regulated sportsbooks […]
Industry
April 14, 2023
Macau Continues Its Long Road toward Diversification
Despite its steady post-COVID recovery, Macau’s gambling sector faces rising competition from other Asian destinations. The local government has spent years attempting to distance itself from gaming and attract tourists with family-friendly options. However, the aftermath of the pandemic and rising economic uncertainty made such efforts exceptionally difficult. The Last Few Years Were Unkind to […]
Industry
April 14, 2023
NCPG Awards Spring Grants to Five Organizations
The National Council on Problem Gambling has announced the recipients of its Spring Agility Grants. As noted by the company, it will provide $193,000 in funding to five gambling harm relief organizations. Agility Grants is a strategic initiative that seeks to back nonprofits, providing them with much-needed funding to prevent problem gambling. The grants help […]
Industry
April 13, 2023
Amelco and Simplebet Partner to Spearhead Micro-Betting across All US Sports
Simplebet’s platform enables fans to wager on micro-events within a game, like an individual pitch, swing, or shot. Such a novel way of engaging with sports betting content is just what Amelco needs to maintain its North American momentum and differentiate its offerings from the competition. The technology proved itself during the NFL Playoffs and […]
Industry
April 13, 2023
PointsBet Reportedly Seeking to Sell Its Business in the US
PointsBet, one of the smaller players on the US sports betting scene, hired the services of financial advisory services firm Moelis & Co, seeking to explore potential opportunities for the sale of its US arm. Divesting PointsBet US The appointment of the agency specialized in providing strategic advice to corporations, governments and financial sponsors is […]
