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Industry
August 12, 2021
Entain Reveals Interim Results, Marks Strong H1 2021 Performance
Entain’s net gaming revenue in the first half of 2021 hit $2.48 billion, according to interim results released today. Despite the difficulties brought by the new gambling laws in Germany, the company enjoyed a strong first half of the year. For H1 2021, Entain’s online net gaming revenue grew 28%. Entain Unveils Interim Results for […]
Industry
August 12, 2021
Luckbox Teams Up with Bambora to Launch PaymentIQ
Luckbox, Real Luck Group’s subsidiary, has signed an agreement with payment software operator Bambora to include their PaymentIQ platform in Luckbox. PaymentIQ Expands Deposit Options for Players The award-winning betting company Luckbox has struck an agreement with payment software developer Bambora, which will see their PaymentIQ gateway added to the Luckbox platform. Luckbox is Real Luck Group’s subsidiary and offers legal, real-money betting, live streams, and statistics on all major esports […]
Industry
August 12, 2021
Twitch Bans Illegal Gambling Links and Referral Codes
Twitch bans links and referral codes by shady gambling operators on its live streaming platform. Twitch Will Prohibit All Links and Referral Codes to Gambling On Wednesday, Twitch, the most popular live streaming platform for gamers, released a Creator Update and has announced that it will prohibit all links and referral codes that link to […]
Industry
August 12, 2021
Sports Gambling Operators in Australia to Support Credit Card Bans
Sportsbooks in Australia have decided to roll with the punches and back up a credit card ban that would bolster the consumer protection framework in the country’s online gambling industry. Sportsbooks in Australia Prepared to Suspend Credit Cards Australia is about to experience a big change in online gambling policies after the country’s leading sportsbooks have […]
Industry
August 12, 2021
Paysafe Group Puts Veteran Chirag Patel at Helm of Neteller and Skrill
Chirag Patel will now spearhead Neteller and Skrill digital wallets’ global growth as he replaces Lorenzo Pellegrino as chief executive. Paysafe Group Brings Seasoned Payments Veteran Patel to Skrill & Neteller Paysafe Group has appointed Chirag Patel at the helm of the company’s digital wallet divisions. As a result, Patel will be responsible for Skrill and Neteller, […]
Industry
August 12, 2021
Arizona Sports Betting Proves Too Popular; Some Operators to Miss Out
Arizona is working quickly to introduce its new sports betting market to the world, with everything expected to be in place by the first games of the new NFL season. That doesn’t give much time, as September 9 will see the first kickoff. However, the state doesn’t have to worry about filling the number of […]
Industry
August 11, 2021
FansUnite Appointed Michael Lee as Vice President of Gaming
Sports betting and gaming technology supplier FansUnite Entertainment announced another high-level talent acquisition with the appointment of Michael Lee as vice president of Gaming. Product Expansion and Global Distribution Strategy Michael Lee, the former CEO of iGaming solutions provider Genesis Gaming, was appointed by FansUnite to direct the company’s efforts towards expanding its portfolio of […]
Industry
August 11, 2021
Fanatics Hits $18bn in Valuation on Tail of Funding Round
While hiring industry professionals and preparing for entering the sports wagering and gaming field, Fanatics completed its most recent capital raise. In the latest funding round, the company raised $325 million and sent its value to $18 billion. Fanatics Plans Expanding to Gaming and Sports Wagering Fanatics is a company founded in 1995 in Jacksonville, […]
Industry
August 11, 2021
UKGC reports June has the lowest GGY result since November 2020
UKGC has released June’s gross gambling yield (GGY) numbers, showing the lowest result since November 2020. UKGC Releases Its Market Update The UK Gambling Commission (UKGC) has released its latest market update, revealing that the gambling industry generated a combined gross gambling yield (GGY) during June of $686 million — the lowest result since November […]
Industry
August 11, 2021
Louisiana Parish Might Tax Comp Casino Hotel Rooms Given to Gamblers
Officials in East Baton Rouge Parish, LA, are open to the idea of taxing complementary rooms that are given to gamblers at L’Auberge Baton Rouge as well as the Belle of Baton Rouge. The Metro Council, along with the local tax attorneys Alejandro R. Perkins and Drew M. Talbot, are expected to vote on a […]