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Industry
June 1, 2022
Allwyn’s Merger with SPAC Cohn Robbins Pushed Back to Q3
A multi-billion special purpose acquisition company (SPAC)-type merger slated to complete in the second business quarter of 2022 has now been postponed for the third quarter and is dependent on the US Securities and Exchange Commission (SEC). Standard Regulatory Reviews The $9.3 billion merger between Allwyn Entertainment and SPAC Cohn Robbins Holdings Corp and the […]
Industry
June 1, 2022
MGA Stated Its Links with Iosif Galea Were Severed in 2013
The Malta Gaming Authority (MGA) posted an official statement to distance itself from the recently arrested ex-MGA compliance officer Iosif Galea. The MGA stated in its release that Galea, who was recently arrested while on holiday in Italy, “has not been employed with the Authority since March 2013,” and had been serving in the role […]
Industry
June 1, 2022
Real Luck Group Posted Q1 2022 Revenue, Decrease in Expenses
Canadian firm Real Luck Group and its subsidiaries operating esports betting, sports betting and casino gaming under the Luckbox brand filed its first quarter 2022 financial results on the country’s portal for public companies System for Electronic Document Analysis and Retrieval (SEDAR). For the three months ended March 31, 2022, Real Luck Group posted revenue […]
Industry
June 1, 2022
Island of Alderney Remains Prominent Player in Online Gambling Regulation
The island of Alderney made nearly £2 million ($2.52 million) from eGambling throughout 2021. The small, rocky patch of land is a prominent hi-tech international hub for gaming companies and hosts many of the biggest names in the industry. The Tiny Island Rivals Other Offshore Behemoths Such as Malta, Gibraltar, and the Isle of Man […]
Industry
June 1, 2022
Gibraltar Government Issues Command Paper for New Gambling Act
Following its big plans to freshen up the 2005 Gibraltar Gambling Act, the territory’s government has initiated the reform process by issuing a Command Paper inspired by the financial sector. Authorities have published a preliminary draft of the bill that would reform the industry by bringing in extra flexibility and expanding the types of licenses […]
Industry
June 1, 2022
Spelinspektionen Updates Spelpause.se with More Helpful Materials
Nordic countries have long been hailed as model gambling markets in Europe. Even though some of them, including Sweden, were late to legalize gambling, they have all been able to consistently post some of the best results insofar as consumer protection goes. An update of Sweden’s self-exclusion program is now in the spotlight. Spelpause.se Learns […]
Industry
June 1, 2022
Nicki Minaj Teams with MaximBet, Becomes Maxim’s Creative Director
Online sports betting and gaming brand MaximBet continued with its effort to position itself at the intersection of lifestyle and gaming by entering into a partnership with Nicki Minaj. ‘Mega Superstar’ and ‘Brilliant Businesswoman’ The agreement between MaximBet and the most successful female rapper of all time Minaj will see them collaborate on merchandise, parties, […]
Industry
June 1, 2022
DraftKings’ SVP Jeffrey Haas Stepped Down for Pastures New
Jeffrey Haas, DraftKings’ Senior Vice President (SVP) of International Strategy, announced in a statement on LinkedIn that he would be leaving the company after almost seven years. Seven Years of ‘Continual Education’ Haas joined Boston-based sports gambling operator DraftKings in August 2015 in the role of Chief International Officer and remained in the position until […]
Industry
May 31, 2022
Livespins Adds Platipus Gaming to Its List of Partners
Closely following its creed to completely revolutionize the way gambling is done with the help of online streaming, Livespins has added Platipus Gaming to its list of gaming studio partners. The Business-to-Business provider on a clear mission to augment players’ experiences has once again proven it has zero time to waste. Just one day ago, […]
Industry
May 31, 2022
Former Coolbet CEO Svendsen Launched Scathing Attack on GAN
An open letter from Jan Svendsen published on his LinkedIn profile is seeking to stir the pot at gambling technology supplier GAN ahead of its annual general meeting (AGM). ‘Speaking with Authority’ Former chief executive officer of Coolbet, a brand GAN acquired for just under €150 million in January last year, and current GAN shareholder […]
